ProSiebenSat.1 Group (PBSFF.PK) said it is acquiring the outstanding 50% of the shares in the German streaming platform Joyn from Warner Bros. Discovery. Joyn will be transferred to ProSiebenSat.1 Media SE’s Entertainment segment as a […]
California heat wave to stress power grid, cause potential blackouts, officials say
video FOX Business Flash top headlines for August 31 Check out what’s clicking on FoxBusiness.com. California's grid operator warned that excessive heat starting on Wednesday would stress the energy grid and potentially lead to blackouts. […]
Abacus Life To Go Public Through SPAC Deal
Abacus Settlements, LLC, d/b/a Abacus Life, announced Tuesday an agreement with Longevity Market Assets, LLC and East Resources Acquisition Corp. (ERES), a special purpose acquisition company, to become a publicly listed company. Upon closing of […]
Germany's Uniper to restart coal-fired power plant as Gazprom halts supply to Europe
video Renewable energy is not free, it hurts the world’s poor population Copenhagen Consensus President Bjorn Lomborg explains why countries like India, Africa and China are not moving towards wind and solar energy on ‘Varney […]
UK companies to comply with climate change agenda or face 'action', says watchdog groups
video FOX Business Flash top headlines for July 29 Check out what’s clicking on FoxBusiness.com. Some of Britain's top listed companies could be downplaying risks from climate change on their bottom line and could face […]
Ginkgo Bioworks To Acquire Zymergen In All-stock Deal
Cell programming firm Ginkgo Bioworks Holdings, Inc. (DNA) and biotechnology company Zymergen, Inc. (ZY) announced Monday they have entered into a definitive agreement under which Ginkgo will acquire Zymergen in an all-stock transaction that values […]
Energy expert warns 'tight' global oil market is 'getting worse'
video Global oil, energy supply ‘underinvested’: Expert S&P Global Vice Chairman Daniel Yergin argues that the global energy supply is experiencing a ‘tight oil market’ that may impact the economy. S&P Global Vice Chairman Daniel […]
Aker BP Fulfils Closing Conditions For Merger With Lundin Energy Deal
Aker BP (DETNF), engaged in the exploration and production of oil and gas on the Norwegian continental shelf on Wednesday announced the fulfilment of all conditions for completion of its merger with Lundin Energy MergerCo […]
Brazil's Bolsonaro fires oil executive for refusing to lower prices
video FOX Business Flash top headlines for May 24 Check out what’s clicking on FoxBusiness.com. Brazilian President Jair Bolsonaro fired the CEO of the Petrobras oil giant for refusing to lower the cost of diesel […]
G-III Apparel To Buy Remaining 81% Stake In Karl Lagerfeld For $210 Mln Cash
G-III Apparel Group, Ltd. (GIII), a clothing company, said on Monday that it has signed a deal to buy the remaining 81 percent interest in Karl Lagerfeld for 200 million euros or $210 million in […]