Tag Archives: Deal

HTC’s Working on New Flagship Smartphone Despite Google Deal, Company Clarifies

Google and HTC on Thursday announced a $1.1-billion agreement that will see the former company buying part of latter’s smartphone operations. However, HTC has now announced that this agreement does not mean that the company will not be launching smartphones under its own brand from now on. Interestingly, HTC has clarified several queries regarding the company’s future with its statement. In its official statement on… Read More »

Northern Ireland power-sharing deal unlikely in coming days, Sinn Fein says

Sinn Fein President Gerry Adams said on Saturday that Northern Ireland’s political parties were unlikely to reach a deal to restore the province’s power-sharing agreement in the next few days. The region has been locked in a political crisis since January’s collapse of the coalition between pro-British unionists and Irish nationalists mandated under a 1998 peace deal that… Read More »

Under pressure to soften Brexit, PM May nears deal with Northern Irish ‘kingmakers’

British Prime Minister Theresa May neared a deal with a Northern Irish Protestant party to save her premiership on Tuesday as she came under intense pressure to soften her approach to Brexit days before the start of formal EU divorce talks. May’s botched election gamble, which saw her lose her parliamentary majority, left her so weakened that supporters… Read More »

Rio Tinto, China’s Minmetals sign deal on exploration

Rio Tinto (RIO.L) (RIO.AX) and China Minmetals Corp on Tuesday signed an outline deal on collaboration in mineral exploration, saying the partnership would position it to find the reserves needed for today’s economy. Major miners have been seeking ways to maximise exploration budgets and they have also been analysing the sustainability of their portfolios as the needs of… Read More »

Facebook Signs Deal With ESL to Live Stream E-Sports

Taking on Twitter and Amazon-owned Twitch when it comes to live-streaming sport events, Facebook has now announced a partnership with global e-sports company ESL to bring over 5,550 hours of e-sports events and other original content to its platforms. The news came after Facebook announced a tie-up with Major League Baseball (MLB) earlier this week to live stream… Read More »

Hardline foes of Iran’s Rouhani rap lack of payoff from nuclear deal

Hardline rivals challenged President Hassan Rouhani in a pre-election debate on Friday over the lack of economic revival since his nuclear deal with big powers, but he said oil exports had resurged and the economy only needed more time to recover. Rouhani was elected by a landslide in 2013 on pledges to end Iran’s international isolation that had… Read More »

Facebook Signs Soccer Live-Streaming Deal With MLS, Univision

Facebook Inc signed a deal with Major League Soccer and Spanish-language broadcaster Univision Communications Inc on Friday to stream at least 22 matches in English during the 2017 regular season. As fans increasingly rely on the Internet to watch games, social media companies such as Facebook and Twitter Inc have stepped up their focus on signing live-streaming sports… Read More »

Verizon close to Yahoo deal, price cut of $250-350 million – sources

Verizon Communications Inc (VZ.N) is close to a revised deal to buy Yahoo Inc’s (YHOO.O) core internet business for $250 million to $350 million (£200.7 million to £281 million) less than the original agreed price of $4.83 billion, according to a source briefed on the matter. Since last year, Verizon had been trying to persuade Yahoo to amend… Read More »

Lufthansa agrees pay deal with pilot union

Lufthansa has struck a deal to solve a five-year-long dispute with pilots that has cost it millions of euros. Germany’s largest airline and the Cockpit union have agreed upon an arbitrator’s proposal for a new wage agreement that covers about 5,400 pilots. The firm has agreed to a four-stage 8.7% total wage increase and a one-off 30m-euro (£25.5m)… Read More »

Peugeot-Vauxhall: UK and Germany raise concerns on deal talks

The UK and German governments are seeking to safeguard jobs in the potential merger of the Vauxhall and Peugeot carmakers. Ministers have raised concerns after PSA Group, maker of Peugeot cars, said it was in talks to buy General Motors’ loss-making European business Opel. Opel has thousands of workers at its plants in Germany and UK arm Vauxhall.… Read More »