AT&T knew it was buying a melting ice cube when it agreed to acquire satellite-TV company DirecTV last year for $49 billion. But recent moves by HBO, Apple and the NFL have turned the temperature up a few degrees.
Fanuc, which helps make iPhones and Teslas, is opening its doors after long eschewing investor contacts.
Cellphone-service companies made a $17.6 billion bet this week on the growing popularity of smartphones in India.
Honda Motor would spend $156 million to expand its car and motorcycle manufacturing capacity in India as it tries to meet growing demand for its products in Asia’s third-largest automobile market.
Dow Chemical said it will split off a significant portion of its chlorine business and merge it with Olin in a deal valued at $5 billion.
Smartphone users spend most of their time in apps rather than Web browsing. But among those who search, Google has a big share.
China’s Cnooc is pledging to boost efficiencies at its overseas operations this year as falling oil prices have hit its increasingly global portfolio. The company said profit rose 6.6% in 2014.
Live-video streaming apps Meerkat and the newly introduced Periscope are going head-to-head in a race to become the dominant way for social-media users to broadcast their surroundings.
India has recently been taking advantage of a global price slump to import more coal, while China is seeking to rely more on domestic sources.
Brussels Beat: Companies involved in cases concerning breaches of EU competition law are so frustrated at the slow pace of the courts that some of them have decided to sue.