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Last week in media: social media under fire, streaming services from WarnerMedia and Google detailed, Mediaset plans holding

2019-06-10 07:02:00| Telecompaper Headlines

(Telecompaper) All eyes were on the social networking segment in week 23. Apple, Amazon, Google (Alphabet) and Facebook were apparently subjected to oversight in the US, from either the FTC or the Department of Justice. Our consumer media index ended week 23 up 0.4 percent, lagging the S&P 500 (+4.4%). Snap, escaping the oversight speculation, was the week's winner, up 17 percent, followed closely by Spotify (+12%). The week's biggest losers were AMC Entertainment (-10%) and RTL (-8.5%).

Tags: services media social week

 

Iran Has No Plans To Leave OPEC; Criticizes New Petrochemical Sanctions

2019-06-08 13:09:57| OGI

Iran has no plans to leave the OPEC, Oil Minister Bijan Zanganeh said in an interview published by the Iranian parliament news site ICANA on June 8.

Tags: leave plans iran sanctions

 
 

Blackstone Plans $6.8 Billion European Urban Warehouse Unit

2019-06-07 18:56:00| National Real Estate Investor

The private equity firm would like to pull its European warehouse properties to create a new company.

Tags: plans unit european urban

 

S.Korea Confirms Plans To Step Up Shift To Renewable Power

2019-06-04 15:58:03| OGI

Asia's fourth-largest economy is shifting towards cleaner energy amid growing criticism over its air quality.

Tags: power step plans shift

 

M4 relief road: Newport motorway plans scrapped

2019-06-04 14:58:45| BBC News | Business | UK Edition

First Minister Mark Drakeford scraps the scheme due to its cost and impact on the environment.

Tags: road plans relief newport

 

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