5 February, 2016 by The TZ Newswire Staff Comments Off on Argentina offers $6.5 billion cash deal to end debt battle
Argentina offers $6.5 billion cash deal to end debt battle
NEW YORK/BUENOS AIRES (Reuters) – Argentina offered a $6.5 billion cash payment to creditors suing the country over defaulted bonds on Friday, seeking to end a festering 14-year legal battle that transformed the country into a financial markets pariah. Two out of six leading bondholders have already accepted the offer, the U.S. court-appointed mediator said, hailing the proposal by Argentina’s new, business-friendly government as an “historic breakthrough”.
5 February, 2016 by The TZ Newswire Staff Comments Off on Yogurt maker Chobani rejects PepsiCo’s offer for stake in company
Yogurt maker Chobani rejects PepsiCo’s offer for stake in company
Chobani worked with Goldman Sachs Group Inc (GS.N) to explore the sale after being approached by several parties in 2015. The decision to reject the offer was due in part to the terms, Chobani said in an email to Reuters. The yogurt maker wanted to sell a minority stake while outside investors like PepsiCo were looking for a majority stake in the company.
5 February, 2016 by The TZ Newswire Staff Comments Off on These Vancouver Homes Sold For Millions In 2011 And Have Been Vacant And Rotting Since: Here’s Why
These Vancouver Homes Sold For Millions In 2011 And Have Been Vacant And Rotting Since: Here’s Why
Five years ago, in July of 2011, the house at 4182 West 8th Avenue in Vancouver in sold for $4.6 million. It now rests vacant, abandoned and rotting.
5 February, 2016 by The TZ Newswire Staff Comments Off on Is This Amazon.com Inc.’s Next Great Competitive Advantage?
Is This Amazon.com Inc.’s Next Great Competitive Advantage?
As Amazon holds talks to distance itself from FedEx and UPS, this story is the latest example of the unique approach to risk-taking that makes Jeff Bezos’ company so special.
5 February, 2016 by The TZ Newswire Staff Comments Off on Alphabet and Verizon Are Fighting to Be the First in 5G Wireless
Alphabet and Verizon Are Fighting to Be the First in 5G Wireless
The two giant companies are hoping to take a lead on the next generation of cellular connectivity, but for very different reasons.
5 February, 2016 by The TZ Newswire Staff Comments Off on 22 Signs That The Global Economic Turmoil We Have Seen So Far In 2016 Is Just The Beginning
22 Signs That The Global Economic Turmoil We Have Seen So Far In 2016 Is Just The Beginning
5 February, 2016 by The TZ Newswire Staff Comments Off on A Glimpse at Instagram’s Ad Business
A Glimpse at Instagram’s Ad Business
Brand Networks shows Instagram ad impressions are exploding.