Recent Posts

Canal+ to buy M7 for $1.1b in Europe expansion push

Bloomberg Vivendi SA’s Canal+ agreed to buy pay-TV operator M7 Group for just over 1 billion euros ($1.2 billion) to expand in Europe, where it’s vying for subscribers with Netflix Inc. The purchase of M7 from private equity firm Astorg Partners SAS pushes Canal+ into seven European countries, bringing its total subscribers to almost 20 million, Paris-based Vivendi said in ...

Read More »

Trade war concerns add to Sweden’s economic troubles

Bloomberg The growing trade war is adding to domestic troubles for the largest Nordic economy. Gross domestic product data is expected to show Sweden’s economy grew a meager 0.2 percent in the first three months of the year, according to a survey. The annual expansion likely slowed to 1.7 percent. The export-dependent nation is feeling the weakness that’s already hit ...

Read More »

Euro-area economic confidence improves for first time in a year

Bloomberg Euro-area economic confidence unexpectedly improved in May, snapping an almost yearlong streak of declines when the region was battling through a host of struggles. The improvement was dri-ven by industry and the str-ongest increase in production expectations in more than six years. That was despite continued negativity about export orders and the business climate. A separate report added to ...

Read More »
Send this to a friend