Chilean telecoms giant Entel (ENTEL.SN) said on Saturday it would sell the assets of its fiber optic business, which provides services to homes, to local company ON*NET Fibra in a…
Category: Business
Netflix opens ‘immersive’ store for fans of popular shows
Streaming giant Netflix has opened a Los Angeles store that it hopes will combine retail therapy with an "immersive" experience for fans of its popular "Stranger Things," "Bridgerton," and "Squid…
Brazilian court allows Paper Excellence to conclude acquisition of Eldorado
Pulp maker Paper Excellence has obtained a court decision allowing completion of its deal to acquire Brazilian company Eldorado Brasil Celulose from J&F Investimentos, according to documents seen by Reuters.…
Formula One and Walt Disney extend ESPN deal until 2025
Liberty Media-owned Formula One and the Walt Disney Company announced an extension of their broadcast partnership on Saturday, keeping the sport on ESPN networks in the United States until 2025.…
Nasdaq halts IPOs of small Chinese companies as it probes stock rallies
Nasdaq Inc (NDAQ.O) has put the brakes on initial public offering (IPO) preparations of at least four small Chinese companies while it investigates short-lived stock rallies of such firms following…
Toymaker Mattel agrees to pay $3.5 million to settle SEC charges
California-based Toymaker Mattel Inc (MAT.O) has agreed to pay $3.5 million to settle U.S. Securities and Exchange Commission (SEC) charges over financial misstatements in 2017, the agency said on Friday.…
Banks to pay as Hungary extends scheme to cap loan rates
Hungary will include variable-rate loans to small- and medium-sized businesses in a scheme designed to cap loan rates and avoid a recession, Minister for Economic Development Marton Nagy said, adding…