Amazon seems to be looking for a new strong factor for its growth. On Monday, the media wrote about its talks with MGM Holdings, the holding company that owns the 100-year-old film studio Metro-Goldwyn-Mayer.
Shares of Amazon jumped 1.47% at the close of trading on the NASDAQ on Monday, continuing to rise in non-trading time.
According to Variety, the talks are led by senior vice president of Amazon Studios and Prime Video, Mike Hopkins and chairman of MGM Kevin Ulrich.
Sources cite a potential deal of $ 9 billion, according to earlier rumors: between $ 7 billion and $ 10 billion, Amazon and MGM declined to comment on the report.
Metro-Goldwyn-Mayer has long been considered an acquisition and last December said it was looking for a buyer and hired consultants to collect offers.
The legendary film studio has one of the largest libraries of movies and TV series in the world, licensed to show Netflix and other streaming services.
The Fund for Economic Stability (WSF), created by the German government, saved the largest German airline from bankruptcy after the collapse of air traffic in March 2020 with billions of infusions, but now there is a way out of the crisis, the concern said. Lufthansa intends to return to the state by the end of […]
The German concern Lufthansa plans to remove the state from its co-owners by increasing its capital by 2.14 billion euros and returning the state anti-crisis aid received during the COVID-19 pandemic. These measures will begin before the elections to the Bundestag on September 26, the airline said on Sunday evening, September 19. From September 22 […]
In 2021, Russia’s Gazprom supplied 20.3 billion cubic meters of gas to Turkey, which is the maximum figure in less than nine months. This was reported by the company’s press service following a meeting of its chairman Alexei Miller with Turkish Minister of Energy and Natural Resources Fatih Donmez on Monday, September 20. At the […]
According to the updated data of the State Statistics Service, Ukraine’s GDP growth in the second quarter of 2021 was 5.7% in annual terms, which is 0.3% higher than the previous estimate. In particular, for six months the nominal GDP was UAH 1 trillion 169.4 billion, and per capita – UAH 28.19 thousand. Compared to […]
Exports of goods accounts for a third of Ukraine’s GDP.But we sell primarily raw materials abroad. It is a marker of underdeveloped countries and a path that does not contribute to economic development. Our state’s strategic task is to increase the exports of high-tech goods with high added value: that is, not just to grow […]
Next year, Ukraine may face a number of macroeconomic risks that will greatly affect economic growth. The Ministry of Finance listed these risks. In particular, Ukraine may lose 0.6-0.8 percentage points of GDP growth due to too low grain yields, due to which the budget will not receive UAH 8.5 billion. At the same time, […]
The low-cost airline Ryanair plans to expand in Ukraine if the open skies agreement with the EU is approved in the coming months. CEO Michael O’Leary stated this. O’Leary predicts the signing of an agreement between Ukraine and the EU by the end of 2021. “One of the markets I would single out is Ukraine. […]
Ukraine plans to privatize 737 state-owned enterprises during 2021-2023. The Ministry of Economy published the list of objects for sale. Although some companies will be able to sell only after the amendments to the legislation. In particular, such large enterprises as Centerenergo, the United Mining and Chemical Company, Turboatom, the Zaporizhia Titanium and Magnesium Plant, […]
International company Luxoft (the headquarters – Zug), which develops software and is engaged in the export of IT – services, announced its intentions to buy leading IT – company from Ukraine – IntroPro LLC. It is reported by Ukrainian source Inventure. With regard to the financial terms of the deal – its nuances were not […]Next
On Tuesday, shares of the four largest US technology companies declined, as the 16-month government investigation of their competitive practices led to the first results in the form of 449-page report on their abuse of the market power. Shares of Apple, Amazon, Facebook and the parent company Google Alphabet fell to 2.9%, 3%, 2.26% and […]Next
The “Klub syra” Company is considering the possibility of cheese deliveries to Romania and Bulgaria and deliveries of dry fat-free to Romania, Bulgaria and Poland. This was announced by the CEO of the company Maxim Rylik, writes “Ukrainian News”. “As for the European Union, today we are considering the issue of the exports in direction […]Next
Ukraine has made great efforts to create a new development strategy of its agri-food sector. Norway helps to bring this strategy to life by funding a project of the Food and Agriculture Organization (FAO). It is reported by the press service of the FAO. Norway’s contribution of $ 362 thousand will enable FAO to provide […]Next
Holding LVMH Moet Hennessy-Louis Vuitton (LVMH) reported that on Monday, September 28, filed a counterclaim against Tiffany in a Delaware court over a failed merger agreement between the two companies. The French holding and the American jewelry house agreed to merge in November 2019. The parties signed the agreement under which LVMH had to pay […]Next
There are several factors which will affect trade and economic relations, as well as the investment component between Ukraine and Germany in 2019. POLITICAL FACTOR 2019 is the year of elections in Ukraine. Until the presidential race on March 31, the business environment of both countries will be expecting the elections results which will define […]Next
The streaming service Netflix published quarterly reports, which did not meet analysts’ expectations on a number of indicators. In this regard, the company’s shares fell by 5.7% during electronic trading. For example, Netflix’s earnings per share were $ 1.74, while analysts surveyed by Refinitiv expected $ 2.14. The number of new paid subscribers was 2.2 […]Next
The Uber company, specializing in the online service personal drivers, announced that on June 30 presents will launch of its project in Kiev. According to the company’s press service, the visit the Ukrainian capital of European leadership, however, the details of the visit aren’t informed. The mass-media reported that Uber can expand its service to […]Next
The world economy is on the road to recovery amid the pandemic COVID-19, however, the final completion of the corona crisis is possible only in the case of mass use of the vaccine. This was stated by IMF chief Kristalina Georgieva and Chief Economist of Fund Gita Gopinath in their joint paper of the magazine […]Next
Leaders of Ukrainian chemical holding Ostchem Holding AG appealed on December, 8 to the South City Court of Odessa region demanding to recover from the Odessa Portside Plant a debt owed to the company by force. On it informs Interfax Ukraine with reference to official sources. To confirm the legitimacy of this request, representatives of […]Next
MP Douglas Carswell launches Ukip policy calling for greater sensitivity in legal process to avoid breakup of families and forced adoptions Secrecy within the UK’s system of family courts is allowing social workers to “ride roughshod” over ordinary people and resulting in the unnecessary breakup of families and forced adoptions, the Ukip MP Douglas Carswell has warned. […]Next
The Ministry of Infrastructure has developed a draft order that will allow Ukraine to establish production of hydrogen-powered cars. This was reported on the website of the ministry. It is noted that today in Ukraine there are no requirements for hydrogen transport. These are electric vehicles on hydrogen fuel cells. They run on compressed hydrogen. […]Next
Ford official dealer representatives in Ukraine informed that Avtovinn company had developed in Vinnytsia a new Ford affiliate dealer centre. The Vinnytsia dealer centre is the third Ford centre in Ukraine . The two others have been located in Dnepr and Kyiv. It provides the full services from selling to Ford cars maintenance. The new […]Next
The Co-owner of the EasyPay Group companies has invested $ 150,000 in the startup Agri Eye, which develops innovative solutions for the agricultural sector. Startuppers will send received funds for the scaling of the team, the perfection of the technology and testing of the technology hypotheses that lie at the basis of the product. Under […]Next
The position of the richest man in the world, Amazon CEO Jeff Bezos reached $ 199.7 billion, which is a record for a businessman. This was reported on Wednesday by Forbes magazine. The publication noted that during the trading of Amazon shares on Tuesday, the state of Bezos even exceeded the mark of $ 200 […]Next
Ukrainian businessman Serhiy Tigipko was denied the purchase of more than 99% of Prominvestbank (PIB) shares through Luregio Limited. National Bank made the relevant decision due to problematic issues of the Bank’s activity. “The Committee on Supervision and Regulation of Banking, Oversight (Oversight) of Payment Systems adopted this decision on February 5, 2021. The decision […]Next