The Traderszone Network

AT&T said in a regulatory filing on Monday that the extension is aimed at obtaining final regulatory approval for the merger. AT&T in May last year offered to buy DirecTV to create the largest U.S. pay TV company. The deal highlights AT&T’s pressing need for fresh avenues of growth beyond the maturing U.S. cellular business, which has become increasingly competitive.

The chief executive of French engineering group Alstom SA (ALSO.PA) is confident the planned sale of the group’s power business to General Electric Co (GE.N) will win European Union approval, he was quoted saying in a newspaper interview. GE’s planned 12.4 billion euros ($14 billion) purchase of Alstom’s power equipment business has sparked regulatory worries that it would harm competition. Kron said Alstom’s shareholders meeting on June 30 will be an occasion to defend and explain a project he was “proud of”.

Puerto Rico’s governor on Monday called for the commonwealth to be allowed to restructure its debts under U.S. bankruptcy code, while a newly appointed adviser to the U.S. territory said it is “insolvent” and will soon run out of cash. Governor Alejandro Garcia Padilla, in a televised address, said sacrifice must be shared by bondholders, as he called for Washington to allow a bankruptcy debt restructuring. Steven Rhodes, the retired U.S.

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Amazon.com Inc (AMZN.O) will start a business loan program for small sellers in the United Kingdom on Tuesday and is looking to launch it this year in seven more countries including China. Amazon Lending, founded in 2012, plans to offer short-term working capital loans in other countries where it operates a third-party, seller-run marketplace business, the head of Amazon Marketplace, Peter Faricy, told Reuters. The countries are Canada, France, Germany, India, Italy, Spain and China, where credit is becoming a key factor in competing for new vendors and grabbing market share.

NEW YORK/LONDON (Reuters) – Mergers and acquisitions (M&A) worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share. The second quarter of 2015, however, stands out for the number of mega deals that were clinched or attempted.

MetLife asked a federal judge on Monday to force the U.S. government to hand over 500 pages of confidential records that relate to financial regulators’ decision to designate the insurance giant as systemically important. MetLife is embroiled in a legal battle with the U.S. Financial Stability Oversight Council (FSOC), a panel of regulators chaired by Treasury Secretary Jack Lew that polices for emerging financial market risks and threats to stability. MetLife has argued it is not systemically risky to the broader marketplace, and it is asking the court to overturn the FSOC’s determination.

Asian stocks outside China rose with U.S. index futures in the wake of a $1.5 trillion global rout Monday, while the euro pared a quarterly advance as investors watch developments in Greece. The MSCI Asia Pacific Index added 0.3 percent and Standard & Poor’s 500 Index futures rose 0.1 percent, while the MSCI All Country World Index was steady after dropping 2.2 percent Monday.