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Hong Kong rejects Jetstar budget airline bid
2015-06-25 14:42:14| Airlines - Topix.net
Hong Kong regulators on Thursday rejected an application for a budget airline joint venture involving Australia's Qantas and China Eastern Airlines, saying it could not be considered a local carrier. Two years after Jetstar Hong Kong applied for the airline license, the southern Chinese city's Air Transport Licensing Authority denied the startup's application, saying its majority foreign ownership meant its main place of business was not in Hong Kong.
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kong
hong kong
budget
Court approves Rogers' CAD 465 million bid for Mibilicity
2015-06-25 08:11:00| Telecompaper Headlines
(Telecompaper) Canadian operator Mobilicity announced that its CAD 465 million proposed acquisition by Rogers Communications has been approved by the Ontario Superior Court and deemed the best way to realise value for Mobilicity's shareholders. Pursuant to the Rogers sale, Mobilicity's trade liabilities will continue to be dealt with in the ordinary course, all employees, dealers and other obligations will be assumed by Rogers and services for subscribers will continue uninterrupted. The transaction is still subject to approval by Industry Canada and the Competition Bureau. Separately, Wind Mobile welcomed the proposed transaction's approval by Industry Canada, as the deal will see Wind Mobile receive new spectrum previously held by Mobilicity and Shaw, which will at least double its network capacity in British Columbia, Alberta, Saskatchewan, Manitoba and Northern & Eastern Ontario.
Bouygues rejects Altice takeover bid
2015-06-24 03:03:32| BBC News | Business | UK Edition
French telecoms group Bouygues rejects unanimously a near 10bn takeover offer by rival group Altice.
Tags: bid
rejects
takeover
bouygues
US-Qatar group reportedly in F1 bid
2015-06-23 22:32:32| BBC News | Business | UK Edition
The owner of the Miami Dolphins American football team is reportedly working with investors from Qatar to buy a stake in Formula 1 racing.
Tags: group
bid
reportedly
Bid for UK's fracking return debated
2015-06-23 06:40:20| BBC News | Business | UK Edition
A bid to start the UK's first fracking operation in four years near the Lancashire coast will be scrutinised later.
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