According to reports, famous New Jersey-born musician singer-songwriter Bruce Springsteen just sold his music catalog to Sony Music Entertainment for what could be up to $500 million. The New York Times reports that the deal would be the largest ever transaction for a single artist’s catalog if Billboard’s initial report is correct. So far, representatives …
US giant ExxonMobil and Qatar Energy signed a contract Friday for oil and gas exploration and production-sharing off the divided island of Cyprus despite Turkey’s opposition to the deal. Cypriot Energy Minister Natasa Pilides, Varnavas Theodosiou, CEO of ExxonMobil Cyprus, and Ali al-Mana, director of Qatar Energy’s International Upstream and Exploration, signed the contract in …
ExxonMobil, Qatar Sign Cyprus Gas Deal Despite Turkey Opposition Read More »
Finland will order 64 F-35A multi-role fighter jets from US contractor Lockheed Martin to replace its ageing fleet in a massive deal worth 8.4 billion euros ($9.5 billion), the government said Friday. Lockheed Martin defeated rival bids from Boeing, France’s Dassault, Saab of Sweden and the Eurofighter consortium of the UK, Germany, Italy and Spain …
Sudanese authorities have released several civilian leaders detained since last month’s military coup, a former captive said Monday, amid efforts to restore a fragile transition process towards full democracy. Last month’s coup drew international condemnation and punitive measures, with the US on Monday urging more progress before resuming millions of dollars of suspended aid. “I …
Sudan Frees Several Civilian Leaders, Deal With Army Slammed Read More »
Google and Agence France-Presse on Wednesday said they had signed a “pioneering” five-year deal under which the world’s biggest internet search company will pay an undisclosed sum for content in Europe. The agreement, following 18 months of negotiations, is the first by a news agency under the 2019 European directive on so-called neighbouring rights, at …
Google Agrees 5-year Deal To Pay AFP For Online Content: Executives Read More »
Google and Agence France-Presse on Wednesday said they had signed a “pioneering” five-year deal under which the world’s biggest internet search company will pay an undisclosed sum for content in Europe. The agreement following 18 months of negotiations is the first by a news agency under the 2019 European directive on so-called neighbouring rights, which …
Google Agrees 5-year Deal To Pay AFP For Online Content: Executives Read More »
US pharmaceutical giant Pfizer on Tuesday announced a deal to make its prospective antiviral Covid-19 pill available more cheaply in the world’s least-wealthy countries. Pfizer will sub-licence production of its promising Paxlovid pill to generic drug manufacturers for supply in 95 low- and middle-income nations covering around 53 percent of the world’s population. Under the …
Pfizer Strikes Global Licensing Deal For Covid Pill Read More »
Nearly 200 nations came together Saturday on a global deal to combat climate change after two weeks of painful negotiation, but fell short of what science says is needed to contain dangerous temperature rises. Rich countries stood accused of failing at the COP26 summit in Glasgow to deliver much-needed finance to vulnerable states at risk …
COP26 Strikes Hard-fought Deal But UN Says ‘Not Enough’ Read More »
Tesla shares fell in early trading on Tuesday after founder Elon Musk cast doubt on a deal to supply Hertz with rental cars. The Hertz announcement last week of an agreement for Tesla to supply the car rental firm with 100,000 of its electric autos helped push Musk’s company to a $1 trillion market valuation …
Tesla’s Elon Musk Downplays Deal To Supply Cars To Hertz Read More »
FILE PHOTO: The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo April 15, 2021 BRUSSELS (Reuters) – EU antitrust enforcers will decide by May 20 whether to clear South Korean chipmaker SK Hynix Inc’s $9 billion buy of Intel Corp’s NAND memory chip business, …
EU antitrust regulators to decide on $9 billion SK Hynix, Intel deal by May 20 Read More »
