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Verizon interested in Yahoo web business

2015-12-08 08:43:00| Telecompaper Headlines

(Telecompaper) Verizon would explore a possible acquisition of Yahoo! if a deal made sense, Verizon CFO Fran Shammo said. Speaking at an investor conference in New York, reported by Bloomberg, Shammo said that while it still wasn't clear what Yahoo's board has planned for the company, Verizon would take a look if it were to be offered up for sale. Yahoo directors met last week to discuss the company's strategy and planned spin-off of its stake in Alibaba. According to some reports, it's also looking at selling its core web business. "If we see there is a strategic fit and it makes sense for our shareholders and we can return value, I mean we'll look at it, but at this point it's way too premature to talk about that one," Shammo said at the UBS Global Media and Communications Conference. 

Tags: web business yahoo interested

 

Fairfax and Changi in talks to acquire stake in GMR's airport business

2015-12-08 01:00:00| Airport Technology

Fairfax Financial in Canada and Singapores Changi Airport are reportedly in preliminary talks to acquire a minority stake in Indian firm GMR's airport business.

Tags: business airport talks acquire

 
 

Big business: are deforestation goals at risk failing?

2015-12-07 15:19:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Paris climate talks have opened with a promise to the world: to secure a historic agreement between nations to bring the runaway train of global warming to a halt. The worlds forests play a key role in fulfilling this promise. When we keep forests standing, we have an invaluable asset in our fight against climate change. As writer Sam Knight has already highlighted in the Guardian: There are three trillion trees on Earth and they are perfectly made to take carbon dioxide out of the atmosphere....

Tags: business big risk goals

 

Insider Louisville: Monday business briefing for Dec. 7

2015-12-07 15:11:37| Appliances - Topix.net

One of the oldest continuing architecture firms in the country has purchased a historic building at the corner of South Third and York streets that it will renovate as part of a grander plan to revive downtown Louisville's SoBro district. Testimony from two major home building companies undermined the government's antitrust lawsuit against Swedish appliance maker AB Electrolux, a source familiar with the company's case told IL.

Tags: business dec monday insider

 

General Electric To Remain In Appliance Business A Little Bit Longer

2015-12-07 15:11:36| Appliances - Topix.net

GE pulled the plug on the sale of its appliance business after deciding it could not satisfy the concerns of the justice department. The $175 million break-up fee should add $0.02 in one-time gains to GE's fourth quarter results.

Tags: business general bit longer

 

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