Tag: Ownership changes
Universal Music attracts the attention of US billionaire
Universal Music Group is in talks to sell a 10% stake in a deal that would value the record label at about $40 billion....
Peruvians to pick new president amid relentless pandemic
LIMA, Peru — Amid an unrelenting coronavirus pandemic that has overwhelmed cemeteries, Peruvian voters will choose Sunday between a political novice who has scared...
Kyrgyzstan detains ex-prime minister in mine corruption case
MOSCOW — Kyrgyzstan’s security services have detained a former prime minister in connection with an investigation of corruption involving the huge gold mine that...
UAE and Israel press ahead with ties after Gaza cease-fire
DUBAI, United Arab Emirates — Israel's top diplomat to the United Arab Emirates attended a ceremony in Dubai on the grounds of the Arabian...
Acorns’ stock to take root after investing app OKs merger
NEW YORK — Acorns Grow, whose app encourages people to save and invest with subscriptions for as little as $1 per month, plans to...
Mexico to buy Shell share of Texas refinery for $600 million
MEXICO CITY — Mexico said Monday it will buy Shell’s 50% share in the jointly-owned Deer Park refinery near Houston, Texas for about $600...
Tribune shareholders to vote on hedge fund Alden’s bid
Shareholders of Tribune Publishing, one of the country’s largest newspaper chains, will vote Friday on whether to be acquired by a hedge fund that...
UK to reunify national rail network under government control
<p>LONDON — Britain plans to bring the national rail network back under government control, reversing one of the most controversial elements of the privatization...
New Ford venture to build 2 electric vehicle battery plants
<p>DETROIT — Ford is forming a joint venture with one of its battery suppliers that will build two North American factories to make batteries...
Daimler Truck to shift spending to battery, hydrogen rigs
<p>FRANKFURT, Germany — Daimler's truck and bus division says it plans to shift most of its vehicle development resources to zero-emission vehicles by 2025...