Bloomberg You just sold your home for $400,000. Good going, nice job, congratulations. Kudos are also due to the real estate agents who helped you close the deal. If you live in a part of the country where the standard commission is 6 percent, you probably just paid them $24,000. Or maybe not. Real estate commissions are set by ...
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Netflix fueling yet another record year of TV shows
Bloomberg The TV industry will make a record number of shows in 2017, as streaming services Netflix, Amazon and Hulu propel a swell in production that’s creating an oversupply, veteran Fox executive John Landgraf said during his semiannual presentation for critics. TV networks will make 500 original scripted shows in 2017, almost 20 percent more than the 419 produced ...
Read More »Self-driving cars spur heavy auto deal traffic in Silicon Valley
Bloomberg The auto industry’s self-driving revolution has spurred the biggest two years of car-supplier takeovers in a decade, with more coming as parts makers struggle to keep up with the pace of technological transformation. The total value of automotive-supplier deals in 2015 and 2016 was $74.4 billion, according to data compiled by Bloomberg, with each of those years far ...
Read More »Amid hunt for next ‘Thrones,’ Time Warner CEO charts TV’s future
Bloomberg Few media executives have embraced television’s digital future more than Jeff Bewkes. The chief executive officer of media giant Time Warner Inc. was an early promoter of making shows available anytime on any device. He’s started selling HBO to cord-cutters who don’t pay for cable. And this week, Time Warner bought a 10 percent stake in Hulu LLC, ...
Read More »Get the celebrity summer glow
Relaxnews Brace yourselves for a summer of Instajealously — the fashion world has officially gone on vacation. But as the stars kick back and enjoy the good life, their social media updates are gold for updating your summer beauty look. Take a look how to channel Gisele’s laid-back, beachy style. The Brazilian supermodel, who turned 36, uploaded a birthday ...
Read More »Aston Martin teams up with menswear retailer Hackett
Relaxnews Luxury British carmaker Aston Martin and menswear retailer Hackett have announced a new, long-term global partnership, with the first manifestation of the tie-up to debut as an exclusive joint fashion collection next month. The collaborative Autumn/Winter 2016 capsule collection, dubbed “Aston Martin by Hackett” ties in with the reveal of Aston Martin’s highly anticipated DB11, and will comprise ...
Read More »Vivienne Westwood to merge men’s, women’s collections
Relaxnews Iconic British designer Vivienne Westwood has confirmed she will merge her men’s and women’s collections under the blanket Vivienne Westwood label, with both fall 2017 ready-to-wear ranges to be shown together at London Fashion Week Men’s in January. While Westwood’s “Red Label” women’s wear collection and her “Man Label” men’s wear line will merge under the Vivienne Westwood ...
Read More »Thirst looms in Lesotho farms
AFP For farmer Mohlakoane Molise, the view of the enormous Katse dam from his smallholding high in the mountains of Lesotho taunts him daily. His country is suffering through its worst drought in 35 years, but the vast and vital water reserves remain out of reach, destined instead for export to neighbouring South Africa. “I am very angry about ...
Read More »A tech boost for renewable energy
DPA Renewable energy is seen as the solution to much of the world’s environmental problems with the German government, for example, looking to have virtually all its energy requirements sourced in this way by the year 2050. A major problem with renewable energy sources, however, is the reliability of supply as renewable energy often relies on the weather for ...
Read More »UAE envoy, Belarusian minister discuss coop
MINSK / WAM Ahmed Mohammed Al Tenaiji, UAE Ambassador to Belarus, discussed with Alexander Yaroshenko, Deputy Minister of Economy of Belarus, the economic relations between the two countries and ways to strengthen them in all fields. The two sides stressed during the meeting, which was held at the headquarters of the Ministry of Economy in Minsk, the need to ...
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