Britain's William Hill plans to close 700 of its 2,300 British betting shops. It puts about 4,500 jobs, a third of its workforce, at risk, and comes after the government cut the maximum stake on fixed-odds betting terminals to tackle problem gambling. Francis Maguire reports.
Apple held talks with iHeartMedia to take a stake in the U.S. radio company, according to the Financial Times. As Fred Katayama reports, the move could be aimed at expanding Apple's streaming music franchise.
Italian state lender Cassa Depositi e Prestiti may buy a controlling stake in Autostrade per l'Italia after the collapse last week of a bridge managed by the motorway operator, according to Reuters sources. As, Pascale Davies reports, the news comes after the company agreed to create a 500 million euro fund to help with the disaster. Pacale Davies reports.
CBS Corp’s board voted to end Shari Redstone’s control of the media company, but the move will not take effect unless a Delaware judge sides with CBS in its litigation to stop a potential merger with Viacom. Aleksandra Michalska reports.
The majority owners of NASCAR are exploring options that include the sale of a majority stake, according to Reuters sources. Jane Lee reports.
Steve Wynn sold his entire stake in the casino and hotel enterprise he founded just as a rival operator said it's buying a 5 percent stake in Wynn Resorts. Fred Katayama reports.
China's Tencent Holdings has lost $51 billion in market value over two sessions, after the internet firm's largest shareholder, Naspers, said it would lower its stake for the first time in 17 years. Ciara Lee reports.
Ryanair has agreed to buy a majority stake in the new Austrian leisure airline founded by former motor racing champion Niki Lauda in a major push on the German and Austrian markets dominated by Lufthansa. Kate King reports.
New Delhi After years of opposing France's influence on its partnership with Renault, Nissan may finally have a chance to deepen ties with its French counterpart. The carmakers are in talks with government officials over proposals by Renault-Nissan boss Carlos Ghosn for Nissan to buy the bulk of France's equity stake in Renault.
After years of opposing France's influence on its partnership with Renault, Nissan may finally have a chance to deepen ties with its French counterpart. As Laura Frykberg reports, the carmakers are in talks with government officials over proposals by Renault-Nissan boss Carlos Ghosn for Nissan to buy the bulk of France's equity stake in Renault.
Germany will investigate whether to tighten the rules that govern when an investor needs to disclose a holding in a company after news that China's Geely purchased a $9 billion stake in Daimler surprised the market. Silvia Antonioli reports.
Walmart is in talks to buy a stake of at least 40 percent in Indian e-commerce firm Flipkart, in a direct challenge to Amazon.com Inc in Asia’s third-largest economy. Silvia Antonioli reports.
U.S. private equity firm Blackstone Group LP catapults itself into the major leagues of Wall Street's financial information industry with the acquisition of a majority stake in the Financial and Risk business of Thomson Reuters Corp. David Pollard reports.
U.S. private equity firm Blackstone is in advanced talks to buy an approximate 55 percent stake in the Financial and Risk business of Thomson Reuters, a deal that would value the unit at about $20 billion including debt, three sources familiar with the matter said. David Pollard reports.
A BJP official from Haryana Surajpal Amu has announced a bounty of Rs. 10 crores on the heads of filmmaker Sanjay Leela Bhansali and actress Deepika Padukone followed by a row over alleged distortion of History in the movie Padmavati. Amu is the party’s chief media coordinator and he also threatened to break the legs of actor Ranveer Singh who is playing Allauddin Khilji in the movie.