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Comcasts Record All-cash Fox Bid Signals Aggressive Lending Push

NEW YORK (LPC) – Media company Comcast Corp’s record all-cash US$65bn bid to buy Twenty-First Century Fox’s media assets, a day after AT&T’s long-sought...

Mitsubishi Materials Finds Fresh Cases Of Misconduct Loses Certification

TOKYO – Japan’s Mitsubishi Materials Corp (5711.T) said on Friday it has found fresh cases of misconduct at its Naoshima copper smelter and refinery in...

Why Canadas Pot Legalization Wont Stop Black-market Sales

TORONTO – Jake Rowinski, a 20-year-old University of Toronto student, buys marijuana every week from one of the many self-described “medical”...

Federal Reserve To Release Stress Test Results On June 21 And June 28

WASHINGTON – The Federal Reserve announced on Thursday it would release the results of its 2018 stress tests for large banks on June 21 and June 28. The U.S....

Us Says Internet Use Rises As More Low Income People Go Online

WASHINGTON – Internet use by Americans increased in 2017, fueled by a rise among people with lower incomes, a government report viewed on Wednesday by Reuters...

Trump Orders Energy Department To Help Ailing Coal Nuclear Plants

WASHINGTON – U.S. President Donald Trump on Friday directed Energy Secretary Rick Perry to take emergency steps to keep at-risk coal and nuclear plants running,...

Northern Ireland Police Demand Extra Resources For Post-brexit

BELFAST – Northern Ireland’s police will ask the British government for hundreds more officers to help secure the province’s border with Ireland after...

Uber Seeks To Cut Pricing On 113 Billion Term Loan

NEW YORK (LPC) – Ride-hailing service Uber Technologies Inc is asking lenders to lower pricing on its $1.13 billion term loan due in 2023, sources said. Strong...

Kenyas Central Bank Governor Calls For Regulation Of Fintech Lenders

NAIROBI – A boom in lending by financial technology (fintech) firms in Kenya has led to an increase in predatory lending practices, the country’s central...

Kenya Moves To Regulate Fintech-fuelled Lending Craze

NAIROBI – Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile money system that enables people to transfer cash and...