Business

Discovery to purchase Scripps Networks for $14.6 billion

Discovery to purchase Scripps Networks for $14.6 billion

The price reflects a 34 percent premium over Scripps' closing price of $67.02 on July 18, the day before news of the companies' negotiations were revealed, Bloomberg reported. Discovery Communications will buy Scripps Networks for close to $12 billion, tying together two powerful stables of TV shows ranging from Animal Planet to the Food Network.


Jeep India launches much awaited Compass SUV at Rs 14.95 lakh

Jeep India launches much awaited Compass SUV at Rs 14.95 lakh

FCA has invested more than Rs 1,800 crore on the plant and has also managed to achieve 70 per cent parts localisation for the Compass. All the ride lovers and vehicle lovers are browsing the internet for Jeep Compass 2017 Price In India . The company is taking orders for both the petrol and the diesel Compass SUV, but deliveries for the diesel will begin in August, while deliveries for the petrol with manual transmission will begin by Diwali followed by the petrol automatic a few months later.


Snapdeal-Flipkart USD 900-950 Million Merger May Fall Apart?

Snapdeal-Flipkart USD 900-950 Million Merger May Fall Apart?

Efforts towards Snapdeal's sale to Flipkart may hit a dead end after six months of negotiation. "We look forward to the results of the Snapdeal 2 .0 strategy, and to remaining invested in the vibrant Indian e- commerce space", a SoftBank spokesperson said.


Eurozone Inflation Steady At 1.3% In July

Eurozone Inflation Steady At 1.3% In July

The figure was slightly below the estimate of 9.2 percent unemployment for June predicted by analysts surveyed for data company Factset. The unemployment rate for May was revised down to 9.2% from the previously reported 9.3%. Inflation is a key indicator of underlying consumer demand. The ECB seeks price stability in the eurozone by maintaining inflation rates below, but close to, two per cent over the medium term.



Neymar involved in training brawl

Because although not too much can be drawn from a pre-season fixture, this Clasico followed the pattern of last season's two meetings between Barcelona and Real Madrid . Despite being smack dab in the middle of one of the biggest transfer stories ever, outwardly Neymar hasn't evinced even a hint of concern or stress.


HSBC announces $2 billion share buyback for second half 2017

HSBC announces $2 billion share buyback for second half 2017

For the first half, HSBC's net profit was $7.0 billion, up 10% from $6.36 billion a year earlier. The Asia-focused giant has been on a recovery drive over the past two years to streamline the business and slash costs, and has laid off tens of thousands of staff.