business information

AT&T tops Bayer: the five biggest mega deals of 2016

With AT&T's offer worth over 100 billion dollars for media giant Time Warner, the US telecom firm has surpassed the German company AG Bayer's recent merger with Monsanto. Here are the largest...

AT&T to buy Time Warner in 85.4-billion-dollar deal

Telecommunications giant AT&T on Saturday said it would buy entertainment group Time Warner in a deal worth 85.4 billion dollars, to create one of the world's biggest media companies.

AT&T agrees to buy Time Warner, reports say

Telecommunications giant AT&T has agreed to buy media conglomerate Time Warner in a deal worth 80 billion dollars, media reports said Saturday.

Croatian companies looking for new business opportunities in Azerbaijan

About 60 Croatian business people from 35 companies will visit Azerbaijan next week to take part in a business forum and hold talks with representatives of the Azeri authorities and entrepreneurs...

Bombardier announces 7,500 job cuts as part of restructuring

Canadian aircraft and train manufacturer Bombardier will cut a further 7,500 jobs as part of its ongoing restructuring, the company said on Friday.

Tobacco giant BAT makes 47-billion-dollar takeover bid for US rival

British American Tobacco Plc said on Friday it has offered some 47 billion dollars to acquire 57.8 per cent of shares in a takeover of US rival Reynolds American Inc.

Nissan finishes purchase of 34-per-cent stake in Mitsubishi Motors

Nissan Motor has completed its purchase of a 34-per-cent stake in scandal-plagued Mitsubishi Motors for 237 billion yen (2.3 billion dollars), the two companies announced Thursday.

Final decision on VW settlement expected within week

Volkswagen seems well on the way to get final approval on a proposed settlement in the emissions test scandal, but the judge in the case said at a court hearing on Tuesday it could take up to...

Ryanair cuts profit forecast amid plunging pound

Ryanair, Europe's largest low-cost airline, on Tuesday warned that it expects its annual net profit to fall by up to 125 million euros (138 million dollars), mainly due to a plunge in the pound...

INA's offer for purchase of stake in Energopetrol accepted by one shareholder

The Croatian oil company INA said on Tuesday that its bid for the purchase of a 33% interest in the Sarajevo-based Energopetrol oil company had been accepted by one shareholder.

South Korea's Hyundai gets ECB approval to open bank in Europe

Seoul (dpa) - South Korean carmaker Hyundai Motor Group announced Monday that it received approval from the European Central Bank (ECB) to open a new bank in Europe to offer car financing.

Report: Deutsche Bank will have to give up US interests for deal

Deutsche Bank, Germany's biggest lender, will likely have to give up some of its business interests in the United States if it hopes to negotiate a multibillion-dollar fine down to a manageable...

Islamic index introduced by Sarajevo Stock Exchange

The Sarajevo Stock Exchange (SASE), in cooperation with Bosna Bank International, founded with capital from Islamic countries, has launched the SASE Islamic Index that will follow the trends in...

Airbnb carries on despite lack of home-sharing laws in Singapore

Home-sharing rental service Airbnb said Monday it is working together with the Singapore government on laws for "responsible home sharing" despite short-term rentals not being legal in the city...

Ericsson Nikola Tesla, beCloud introducing LTE technology in Belarus regions

Ericsson Nikola Tesla and the beCloud company have launched the second phase of a project to introduce LTE technology in three regions in Belarus and the contract is worth more than HRK 76 million...