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FTSE 100 dips but William Hill shares up after bid fails

2016-08-19 09:52:34| BBC News | Business | UK Edition

The FTSE 100 slips in early trade, but shares in William Hill rise after Rank and 888 abandon their attempt to merge with the bookmaker.

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Singtel buys Temasek shares in AIS, Airtel for SGD 2.5 bln

2016-08-18 09:20:00| Telecompaper Headlines

(Telecompaper) Singtel has agreed to raise its stakes in Thailand operator AIS and India's Bharti Airtel. The company will buy Singapore investment company Temasek's 21 percent pf Intouch Holdings, the largest shareholder in AIS, and 7.39 percent of Bharti Telecom, the holding company for Airtel, for a total consideration of SGD 2.47 billion cash. Singtel said it will fund the deal with internal cash, short-term debt and proceeds from the sale of 386 million new Singtel shares to Temasek. The transaction is subject to regulatory and minority shareholder approvals and is expected to be completed by December.

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Japan shares fall as exports mark a tenth monthly decline

2016-08-18 03:11:28| BBC News | Business | UK Edition

Japanese share markets are falling after data showed exports fell for a tenth consecutive month and continue to drag on economic growth.

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Singtel buys shares in Bharti Telecom, Intouch from Temasek for 1.6bn

2016-08-18 02:00:00| Total Telecom industry news

Singapore-based operator plans to strengthen its existing relationships with Indian and Thai mobile operators.

Tags: shares telecom buys intouch

 

Barnes & Noble shares fall after boss sacked

2016-08-17 19:44:43| BBC News | Business | UK Edition

US bookstore chain Barnes & Noble sacks its chief executive Ronald Boire for not being a "good fit" with the company, sending its share price falling.

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