Recent Posts

Media M&A deals put on hold amid coronavirus

Bloomberg Media companies including AT&T Inc. and ViacomCBS Inc. are pressing the pause button on asset sales worth more than $5 billion because of the global coronavirus pandemic. AT&T’s auction of four regional sports networks, ViacomCBS’s offloading of its publishing arm and closely-held Ion Media Networks Inc.’s $3.5 billion sale process have been held up amid a downturn in financing ...

Read More »

Shut border risks $47b migrant-based Polish industry

Bloomberg The shutting of European borders in a bid to contain the coronavirus pandemic is about to derail a 200 billion-zloty ($47 billion) industry. The Polish construction sector, which employs 400,000 people and accounts for 8% of gross domestic product, faces unprecedented trouble amid concerns over the Ukrainian workforce it depends on. The builders are gradually heading back to their ...

Read More »

US bid to single out China at UN stalls amid wider effort

Bloomberg A Trump administration effort to blame China for spawning the coronavirus has stalled for now at the United Nations Security Council (UNSC), with other countries focused exclusively on urging joint global action to fight the pandemic. UN members Indonesia, Ghana, Singapore, Liechtenstein, Norway and Switzerland are proposing that the 193-member General Assembly adopt a text calling for “international cooperation ...

Read More »
Send this to a friend