Disney boss says 40 pc ad revenue went to streaming sites, no plans of ad supported Disney+

Disney boss says 40 pc ad revenue went to streaming sites, no plans of ad supported Disney+

By Anna Domanska - Jun 16, 2021

Walt Disney CEO Bob Chapel says the company’s advertising revenue for the upcoming fall television season was strong and went up by “double-digits” compared to 2019.

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BlackRock ETFs breach $3 trillion mark in May

BlackRock ETFs breach $3 trillion mark in May

By Anna Domanska - Jun 16, 2021

BlackRocks’ exchange-traded fund crossed $3 trillion for the first time in May, in sync with the ETF industry’s race to an all-time high of $9 trillion.

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Flagship Pioneering, investor in Moderna raises $3.4 billion funds

Flagship Pioneering, investor in Moderna raises $3.4 billion funds

By Anna Domanska - Jun 15, 2021

Flagship Pioneering, the bioplatform company, and the venture capital investor in Moderna, today announced that it had raised additional funding of $2.23 billion, which brings its

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United to recall furloughed employees as travel recovers

United to recall furloughed employees as travel recovers

By Anna Domanska - Jun 14, 2021

The fading of the pandemic and the rollout of vaccines has brought in some good cheer for the floundering air travel industry. More countries have opened up for business and are al

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UK's Sanne agrees to consider Cinven bid

UK's Sanne agrees to consider Cinven bid

By Anna Domanska - Jun 14, 2021

Sanne, a UK fund administration business that provides alternative asset and corporate services, has agreed to hold talks with private equity firm Cinven over a potential £1.4bn t

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Global stocks rise as investors ignore inflations indicators

Global stocks rise as investors ignore inflations indicators

By Anna Domanska - Jun 14, 2021

Global stocks rose to an all-time high, with investor showing confidence in a strong economic recovery from coronavirus and the vaccine effect, but the market is still a bit cautio

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UK watchdog whacks Amazon with probe for unfair data collection practices

UK watchdog whacks Amazon with probe for unfair data collection practices

By Christy Gren - Jun 11, 2021

The Competition and Markets Authority will focus on whether Amazon, Inc. favors merchants that use its delivery services.

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Altice buys 12 percent stake in BT worth £2 billion

Altice buys 12 percent stake in BT worth £2 billion

By Anna Domanska - Jun 11, 2021

Altice said it did not intend to make a bid for the British Telecoms company, though the takeover code also does not allow it to make an unsolicited buyout offer for six months wit

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G7 countries agree on broad principles of minimum corporate tax deal

G7 countries agree on broad principles of minimum corporate tax deal

By Anna Domanska - Jun 11, 2021

The world’s richest nations (G7) reached a landmark accord setting a global minimum corporate tax rate for multinationals. Would it be effective in tackling tax evasion and avoid

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