The American cable operator Comcast Corp will ask investment banks to increase financing by $ 60 billion. The company needs cash to make an offer to buy media assets, which 21st Century Fox Inc agreed to sell Walt Disney Co for $ 52 billion, reports Reuters, citing three sources, familiar with the situation. According to the agency's interlocutors, Comcast's CEO Brian Roberts plans to make an...

Based on the results of the ECB's stress tests, the capital of the largest banks in Greece could be reduced by € 15.5 billion with an unfavorable scenario of the country's economic development in the next three years. However, despite the losses, the capital of these banks will not fall below the minimum requirements of the ECB. This, in fact speaks of the successful completion of the long-term...

Accusations of fraud and collusion are filed against the former director of the German company Volkswagen Martin Winterkorn in the federal district court of Michigan (USA), reports Bloomberg. It is specified that the charges were brought within an investigation into the so-called Dieselgate that broke out at the end of 2015 due to the fact that the company was caught in fraud. During the trial,...

American mobile operator T-Mobile US Inc. signed an agreement to purchase Sprint Corp. for $ 26 billion. The competing companies are trying to unite for the third time in four years. If the deal is approved by antitrust regulators, only three really big players will remain in the US wireless communications market. T-Mobile and Sprint, as well as their holding companies, are striving for this...

Online merchants are blaming Alibaba for taking revenge. They argue that the Chinese giant is vigorously trying to oust competitors from the sector. For this purpose, it is imposing its services, which severely limit independence of companies, so to speak. They refused these services, for which Jack Ma is now retaliating against them. Representatives of five large trading companies complained to...

Elon's undeniable talent in advertising is useless when it comes to organizing large-scale production. The company urgently needs its Henry Ford or Kiichiro Toyoda. Recall actions are standard practice for automakers. Giants of the industry, such as Toyota, can immediately recall over a million cars around the world. However, no one before has sent more cars than the entire annual output to...

Large British companies, including Tesco, Marks & Spencer and Sainsbury's, decided to abandon disposable plastic packaging and shift to recyclable plastic. By 2025, companies, which account for about 80% of the use of plastic packaging in the UK, want to increase the share of recycled plastic up to 75%. More than 40 large enterprises operating in the UK, including Coca-Cola, Sainsbury's,...

American Facebook Inc., which owns the world's largest social network, recorded record profits in the first quarter of 2018 and increased revenue by 49%. American Facebook Inc., which owns the world's largest social network, recorded record profits in the first quarter of 2018 and increased revenue by 49%. Such a strong growth in indicators was not prevented by a scandal associated with the...

Altaba Inc. (former Yahoo! Inc.) will pay $ 35 million to settle claims of the Securities and Exchange Commission (SEC), which considered that the company misled investors, without disclosing the information about the major hacker attack, a victim of which Yahoo! became. "Just days after the hacker attack on Yahoo in December 2014, the security company learned that Russian hackers had stolen the...