Gainers & Losers
NEW YORK AT&T Inc said on Saturday it agreed to buy Time Warner Inc for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its network to attract a growing number of online viewers.
WASHINGTON/NEW YORK The tie-up of AT&T Inc and Time Warner Inc, bringing together one of the country's largest wireless and pay TV providers and cable networks like HBO, CNN and TBS, could kick off a new round of industry consolidation amid massive changes in how people watch TV.
DUBAI Kuwait's finance minister and acting oil minister Anas al-Saleh sees crude oil prices at $50 to $60 a barrel within the next 15 months, state news agency Kuna reported on Sunday.
LONDON Third-quarter growth figures from the United States and Britain will be scrutinised by financial markets in the week, and a business survey will provide the first evidence on how the euro zone has fared going into the fourth quarter.
ZURICH When people take to Twitter to comment on the great evening they enjoyed with good food and wonderful friends, reducing their monthly insurance bill is probably the last thing on their mind.
RIYADH Saudi Arabian Energy Minister Khalid al-Falih said on Sunday the points of view between the kingdom and Russia, the world's top oil producer, on the need to stabilise the market "are getting closer."
LONDON Big international banks are preparing to move some of their operations out of Britain in early 2017 due to the uncertainty over the country's future relationship with the European Union, a top banking official said.