U.S. media giant Time Warner Inc (TWX.N) has approached struggling Australian broadcaster Ten Network Holdings Ltd (TEN.AX) about a A$680 million ($588 million) takeover bid, the Australian Financial Review reported on Monday.
Regions
Rise in French speakers since 2010 a boost for France: report
The number of French speakers across the world grew 25 percent since 2010, the International Organisation of La Francophonie (OIF) said in a report published on Wednesday, a potential boost as France seeks growth from overseas opportunities.
Euro zone risks self-fulfilling loss of momentum: ECB's Coeure
The euro zone economy is at risk of slipping into a self-fulfilling loss of growth momentum, European Central Bank Executive Board member Benoit Coeure said on Sunday, underlining the ECB's readiness to act if needed.
Libya's El Feel oil field shut down, third site within days
An oil field in southwest Libya has closed down, officials said on Sunday, becoming the third oil facility in the chaotic country to shut within a week.
Volvo Cars says begins XC60 production in China
Geely-owned Volvo Car Group said on Sunday it had begun production of its best-selling XC60 crossover at its plant in Chengdu, taking a further step toward supplying locally-produced cars in China as well as opening the door to overseas exports.
Latest News
India will push ahead with reform to a land purchase law blamed by business for slowing industrial projects, even if there is resistance to loosening the rules, Finance Minister Arun Jaitley said on Sunday.
BlackBerry, which has completed the first phase of its two-year turnaround plan, is now focused on profitability and will not spread itself thin by attempting to launch too many new devices, its chief executive said.
At a retreat for Merrill Lynch financial advisers in a luxury Orlando hotel last month, a group of several dozen men and women in business attire swung their arms back and forth over their heads to Kid Rock's "All Summer Long" to get their circulation going.
Asian shares held firm in early Monday trade after U.S. jobs data pointed to solid economic growth, while China's export performance showed more resilience than some had expected.
Estee Lauder Cos Inc (EL.N) bought French luxury perfume brand Editions de Parfums Frédéric Malle, its third acquisition in less than a month as the company looks to boost its portfolio of high-end luxury perfumes and skin care brands.
The curtain came down on nearly a century of tradition for bullion markets on Friday when U.S. bourse Intercontinental Exchange (ICE) was named as provider of an electronic benchmark gold price to replace the twice daily "fix".
China is part of "intensive" talks on a global trade pact regarding information technology products, the World Trade Organization's chief said on Saturday, but it is unclear if a deal will be made at a meeting of Asia-Pacific leaders underway in Beijing.
India's two main stock exchanges will suspend trading of shares of grounded Kingfisher Airlines Ltd (KING.NS) from Dec. 1 for failing to comply with rules on reporting financial results, the bourses said in separate notices.
The risks faced by China's economy are not that scary and the government is confident it can head off the dangers, President Xi Jinping told global business leaders on Sunday to dispel worries about the world's second-largest economy.
