Category: News

Regulators should allow RTL and ProSieben to merge – Rabe

BERLIN: The head of publisher Bertelsmann said its TV arm RTL should be allowed to merge with German rival ProSiebenSat.1 , to give them a fighting chance against U.S. streaming giants. Thomas Rabe's comments - in an interview with Frankfurter Allgemeine Sonntagszeitung published on Sunday ...
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Carrefour to buy 30 stores in Brazil from rival Makro

The Brazilian unit of France's Carrefour SA has agreed to buy 30 stores from rival retailer Makro's Brazilian subsidiary for 1.95 billion reais (US$453.69 million), the French retailer said in a securities filing on Sunday.
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COVID-19 could damage global growth in 2020: IMF

DUBAI: The coronavirus epidemic could damage global economic growth this year, the IMF head said on Sunday (Feb 16), but a sharp and rapid economic rebound could follow. "There may be a cut that we are still hoping would be in the 0.1 to 0.2 percentage space," the managing director of the ...
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China battery recycler GEM to make disinfectants in virus epicentre

BEIJING: China's GE, best known as a recycler of batteries for electric vehicles and producer of cobalt chemicals used in them, said on Sunday (Feb 16) it had been given a four-month licence to make disinfectant in coronavirus-hit Hubei province. The surprise addition to the product portfolio of ...
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Thailand raises US$3.2 billion at 5G license auctions

BANGKOK: Thailand's telecoms regulator raised 100.52 billion baht (US$3.2 billion) in 5G spectrum auctions on Sunday (Feb 16), with operators snapping up 48 licenses ahead of an expected commercial rollout later this year. Thailand's top mobile operator, Advanced Info Service, emerged as the ...
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