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BP Reportedly Raises $12 Billion in Debt

2020-06-18 11:10:00| OGI

British oil major BP Plc raised $12 billion of debt with equity-like features, taking advantage of low interest rates to fortify its balance sheet, the Financial Times reported.

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EIB and Umicore conclude 125M loan for EV battery materials production in Poland

2020-06-17 10:55:44| Green Car Congress

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Dutch pay-TV market contracts again in Q1, over 1% drop in subscribers expected in 2020

2020-06-16 10:00:00| Telecompaper Headlines

(Telecompaper) The quarterly drop was similar to Q1 2019, but more than double the number of subscribers lost in the previous three quarters, according to the Telecompaper Dutch Television Q1 2020 report. Notably, IPTV services over DSL showed a first drop in subscribers, alongside further losses for cable, satellite and DTT. This may be due to KPN's phasing out of its low-cost brand Telfort as well as consumer migration to TV over fibre networks.

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App Store ecosystem generated USD 519 bln in billings and sales in 2019

2020-06-16 09:13:00| Telecompaper Headlines

(Telecompaper) Apple said that its App Store ecosystem supported USD 519 billion in billings and sales last year. The figures come a study conducted by independent economists at Analysis Group. Of the total, 85 percent went to third-party developers and businesses, with no commission for Apple. The highest value categories were mobile commerce (m-commerce) app, digital goods and services apps, and in-app advertising.

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A Rise in Distressed Hotel Deals Could Hit in Late Summer

2020-06-15 17:51:00| National Real Estate Investor

Delinquencies have spiked quickly on hotel properties, but we are still a few months away from a wave of distressed deals hitting the market.

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