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Trinity Mirror buys rival UK tabloids for $177mn

Bloomberg Trinity Mirror Plc is buying rival Express and Star tabloids for 126.7 million pounds ($177 million), a milestone deal as Britain’s declining print media outlets seek scale to adapt to the shift of readers and advertisers online. “In a world of big global digital platforms, in a challenged industry, scale matters,” Simon Fox, chief executive officer of the publisher ...

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A stronger dollar is just what America needs

Until recently, President Donald Trump had wanted a weaker dollar because he romanticizes manufacturing. A weaker currency has been a temptation for world leaders since the early days of industrialization, as it’s generally believed it will provide a boost to exports and stimulate the economy in the short run. We all remember the beggar-thy-neighbor policies that led to competitive devaluations, ...

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Flipkart can bring in muscle to save money, live better

Flipkart’s bringing in the big guns. India’s leading e-commerce company looks set to team up with Walmart Inc., garnering the startup a valuation of as much as $20 billion in return for a stake that could be as large as 20%, Bloomberg’s Saritha Rai reported recently. There’s a lot that Flipkart Online Services Pvt could do with around $4 billion ...

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