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Netflix’s Russia rival hires Goldman to study deals

Bloomberg Ivi.ru, Russia’s largest streaming platform, hired Goldman Sachs Group Inc to study options to fund the firm’s growth, according to the firm’s chief executive officer. “These could be private placement, strategic alliances or an IPO,” Oleg Tumanov, Ivi’s founder and CEO, said in an interview in Moscow. “We need funding to produce our own content and keep growing faster ...

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Audi halts electic-car prodcuction

Bloomberg Audi halted output of its E-Tron SUV to resolve production issues including battery-supply bottlenecks as it prepares to flank the model with a sportier variant, underscoring the struggles traditional automakers face to boost electric cars and challenge Tesla Inc. Manufacturing at Audi’s factory in Brussels stopped and the plant will remain idle until Tuesday, a company spokeswoman said. Audi ...

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France warns of UK blackmail as EU prepares for negotiation

Bloomberg France warned British Prime Minister Boris Johnson not to use “blackmail” to secure a trade deal as European Union member states prepare to finalise their negotiating position, allowing talks between the two sides to begin next week. Ministers from the bloc’s 27 national governments will meet on Tuesday in Brussels, where they are expected to sign off on the ...

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