AT&T to buy Time Warner – US to examine the deal

US Telecom giant and third largest cable provider, AT&T announced that it will buy Time Warner, the entertainment group for £70bn ($86bn), in one of the biggest deal this year. It would combine AT&T’s distribution network with content from the Warner Brothers film studios and cable TV channels HBO and CNN. A Senate subcommittee responsible…

Change the Air App to control air pollution in New Delhi

New Delhi, the Indian capital, tabbed as the world’s most polluted city, is trying new technical way to help clean up its air. The “the Hawa Badlo” (Change the Air) app does just that, has two versions, one allow citizens to take pictures of likely pollutants and the other allows authorities to investigate and act…

Third Age Theatre Triumphs in London EC2

Not far from St Pauls Cathedral, The Theatre Room, Fredericks Place off the Old Jewry is putting on plays specifically tailored to mainly showcase older actors, through Frontier Theatre Productions founded by James Roose-Evans. It is an intimate venue with charm and appeal, easily accessible either by bus or tube (nearest is Bank). I saw…

Travis Perkins axe 600 jobs as sales slump

Britain’s biggest supplier of building materials, FTSE 100 firm Travis Perkins,  is to axe 600 jobs and close over 30 branches as it would not meet £415m market expectations for the full-year profits. Its poor performance of plumbing and heating division contributed  fall in underlying sales. The group trades from over 20 businesses including Tile…

EBay increase revenue by 5.6 per cent but shares fall by 8.9 per cent

Although  the e-commerce giant EBay’s revenue rose 5.6 per cent to $2.22bn in the third quarter,  their shares fell by 8.9 per cent in extended trading. EBay’s projected revenue of £1.93bn ($2.36bn)  to $2.41bn may miss analysts estimates. EBay is rejiggign itself into an online marketplace to compete with the like of Jeff Bezeo’s Amazon.…

Saudi Arabia raises £14.35bn and set emerging market world record

Saudi Arabia  sold its debut soverign bond issue  and raised £ 14.35bn ($17.5bn) and set a new emerging market record eclipsing Argentina’s  £13.53bn ($16.5bn)  bond sale earlier this year to become the largest debt issue by an emerging  economy. Saudi Arabia’s  venture into International markets is part of broader plan to divert its economy away…

Don’t Miss The Affordable Art Fair Battersea Park 20-23 October 2016

  Battersea Park London 20-23 October is the venue for the Affordable Art Fair. Showcasing art by over 1,000 artists,   prices range from £100 – £5,000 making owning artworks accessible to many.  Contemporary paintings, editioned prints, original and contemporary paintings and photography and sculptures – you will find them all there.  The specially curated Recent…