20 July, 2014 by The TZ Newswire Staff Comments Off on A Fox-Time Warner deal would give Murdoch new heft in China
A Fox-Time Warner deal would give Murdoch new heft in China
Time Warner’s board rejected Murdoch’s $80 billion offer, but the Fox chairman is expected to continue the chase. It would also nearly double the revenues Fox generates from the emerging media markets in Latin America and Asia/Pacific. “He sees 3 billion new consumers coming into the market and a rising middle class in China and India, and mobile devices and strong demand for content,” said Mario Gabelli, the CEO of GAMCO Investors, in an interview with Reuters Insider, “He’s going to be able to create Netflixes of his own.”
20 July, 2014 by The TZ Newswire Staff Comments Off on Citi’s Banamex, regulator clash over who played key role in loan fraud
Citi’s Banamex, regulator clash over who played key role in loan fraud
MEXICO CITY/NEW YORK (Reuters) – Preliminary findings of a probe by Citigroup’s Mexican unit, Banamex, into how it lost more than $500 million in a corporate loan fraud differ markedly from the results of a separate investigation by the Mexican banking regulator. Banamex has zeroed in on Jose Ortega, a middle manager the bank fired in 2012, as a key person in the fraud involving Mexican oil pipeline maintenance company Oceanografia, according to two people familiar with its probe. The real problem was with the bank’s institutional failure to have proper controls in place, the CNBV says.
20 July, 2014 by The TZ Newswire Staff Comments Off on EUR/JPY bears push closer to 137.00
EUR/JPY bears push closer to 137.00
FXStreet (Moscow) – EUR/JPY is beating around 137.00 level as traders in Asia are not ready to…
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20 July, 2014 by The TZ Newswire Staff Comments Off on Which city is the most innovative? Have your say
Which city is the most innovative? Have your say
Cities around the world that have embraced technology to tackle their problems – have your say on where in the world is the most innovative.
20 July, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Yum Brands, McDonald’s halt China meat purchases
The Wall Street Journal: Yum Brands, McDonald’s halt China meat purchases
Yum Brands and McDonald’s suspend meat purchases in China from a Shanghai-based, U.S.-owned supplier that is under investigation in the country for allegedly selling expired chicken and beef.
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20 July, 2014 by The TZ Newswire Staff Comments Off on Our schools are changing inside and out – how?
Our schools are changing inside and out – how?
How is forward thinking helping to change both the way our children learn, as well as the buildings they learn in?
20 July, 2014 by The TZ Newswire Staff Comments Off on Which social network is looking ‘stretched’?
Which social network is looking ‘stretched’?
Tell us which social network you think is looking “stretched” by voting in the poll below.