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The marker price of Oman Crude Oil Futures Contract (OQD) soared above the $80 per barrel mark for the first time in nearly three years to settle at $80.46 per barrel in trading on the Dubai Mercantile Exchange (DME) on Wednesday.Oman’s benchmark crude gained $0.98 from the previous day’s closing price of $79.48 per barrel in trend with sharp increases. ....
(MENAFN)On Friday, Turkey s benchmark stock index ended at 1,538.44 points fell 0.46 percent from the preceding close. At Thursday s close, Borsa Istanbul s BIST 100 index dropped 7.15 points from 1,545.59 points, openiong the day at 1,542.50 points. The BIST 100 averaged amid 1,526.72 points and 1,548.69 points, with 31 stocks on the index increasing, 68 fell, and one flat in comparison with the last close. The benchmark index posted a daily trading rate of 24.5 billion liras (USD3.5 billion), ending with a market rate of 1.16 trillion Turkish liras (USD165 billion). Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider ....
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Saga by announcing a rare event, an auction. this is like a penalty shoot-out of the u.k. world. this was three rounds of bidding over some 26 hours. comcast emerged as the winner at $22.57. and 21st century fox was at $20.46 a share. this means that comcast is valuing sky at nearly $40 billion, which is actually far more than its current market cap of $35.6 billion. now, the reason for all this, both disney, which is in the process of buying fox and comcast, wanted to buy sky to help diversify a wave in the united states. increasingly, it is hard to grow there against online streaming. that means they have new rivals like amazon, netflix and hulu. and sky would have enabled them to do just that with a huge european network. 23 million customers as well as ....
Shareholders court. our anna stewart has more. reporter: the bidding battle for sky is finally over with comcast emerging victorious. now, it s taken 21 months, multiple bids. and at the end, the taker of the panel in the u.k., the regulator called an end to the saga by announcing a very rare event, an auction. this is something like a penalty shoot-out. this was three rounds of bidding over some 26 hours. now, comcast emerged victorious with this in a bid of 17 pounds, 28 a share. and that is equaling $22.57. compared to 21st century fox at $20.46. they are valuing sky at $40 billion which is higher than the $36.8 billion. comcast wanted to spy sky to ....