Chinese Partners Mine Box-Office Gold for Hollywood Movies

Related Link: 

The box office success in China of “Warcraft,” which has racked up more than $210 million from Chinese moviegoers so far—about five times its U.S. box office tally—has hammered home the audience numbers a Hollywood movie with Chinese backing can unlock.

Altice Will Rely on Cost Cuts to Make Cablevision Deal Work

Related Link: 

Altice’s strategy of drastically reducing costs as it expands globally will soon face its biggest test yet as the European telecom company digests the $10 billion acquisition of New York cable operator Cablevision Systems.

Brexit, Brazil and Oil Don't Add Up to Disaster For Santander

Related Link: 

The Spanish bank is exposed to a litany of pitfalls, but its share price fall looks overdone.

U.S. Home Prices Continued Strong Growth in April

Related Link: 

Home prices continued rising at a steady clip in April, a reassuring signal of strength in the U.S. economy amid global uncertainty.

VW to Pay Up to $14.7 Billion to Settle Diesel-Emissions Claims

Related Link: 

Volkswagen has agreed to pay up to $14.7 billion to settle legal emissions-cheating claims with regulators and owners of nearly 500,000 diesel-powered vehicles.

Japan WhatsApp Rival Line Sets Price Range for IPO

Related Link: 

Japanese messaging-app operator Line has set its price range for a potential $1.1 billion IPO in Tokyo and New York next month at $26.50 to $31.50 a share.

U.S. GDP Growth in First Quarter Revised Up to 1.1% Rate

Related Link: 

The U.S. economy expanded more than previously thought in the first three months of the year, but the subdued pace overall suggests it remains vulnerable to a new round of global economic turmoil.

Dow Chemical to Cut 2,500 Jobs Amid Corning Restructuring

Related Link: 

Dow Chemical said it planned to cut 2,500 jobs globally, or about 4% of its workforce, as it restructures Dow Corning Corp., which it now owns completely.

Whirlpool Reaffirms 2016 Outlook After Brexit Bruises its Share Price

Related Link: 

Whirlpool backed its earnings forecast for 2016, an attempt to ease investor worries after its stock had fallen sharply in the wake of the U.K.’s vote last week to leave the European Union.

U.K. Downgraded: Why Reasons Matter More Than Impact

Related Link: 

Post-Brexit, the U.K. has lost its triple-A rating from Standard & Poor’s. That matters more politically than financially.

Syndicate content