With the discovery of more than 5,600 planets orbiting other stars and images from robots we have sent to all the planets in our solar system, it is becoming abundantly clear that Earth is unique among worlds. Almost all of the exoplanets scientists have discovered since the 1990s fall into four main types: gas giants like Jupiter … Read more
London: The Competition and Markets Authority (CMA) in the UK on Friday confirmed that it is launching an in-depth investigation into the proposed $19 billion merger between Vodafone and Three UK, saying the deal could lead to higher prices for the consumers. Vodafone UK (owned by Vodafone Group Plc) and Three UK (owned by CK … Read more
DUBAI — Together Group, a global collective of creative, marketing and technology agencies and production studios, has acquired Dubai-based communications agency Frame Publicity, WWD has learned. Frame is the 10th independent agency to join Together Group, which operates in 10 countries, with 18 studio locations and more than 600 employees. “As a well-respected boutique agency … Read more
Flair Airlines chief executive Stephen Jones says he still hopes to add several Lynx Air planes to his fleet, even after their tentative merger fell through when Lynx shut down last month. In a phone interview, Jones said the Boeing 737 Max 8s are the same model that comprise the bulk of his 20-plane fleet … Read more
Certain cellphone plans in Western Canada are not as cheap as they were prior to the Rogers-Shaw merger, Canada’s competition watchdog says. Jeanne Pratt, the Competition Bureau’s senior deputy commissioner of mergers and monopolistic practices, says the agency hasn’t seen evidence showing Rogers Communications Inc. is offering comparable pricing for bundled wireless plans offered by Shaw Mobile in Alberta and British Columbia before the $26-billion takeover closed last April. Pratt was testifying at the … Read more
Lynx Air, a Calgary-based airline that launched less than two years ago, says it will cease operations on Monday. The news came as the low-cost airline announced it had sought and obtained an initial order for creditor protection from the Court of King’s Bench of Alberta. “Over the past year, Lynx Air, has faced a number … Read more
By KEN SWEET (AP Business Writer) NEW YORK (AP) — Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s credit card companies as well as potentially shake up the payments industry, which is largely dominated by Visa and Mastercard. Under … Read more
Sony Group Corporation has officially terminated the much-talked-about two-year pursuit of merging with Zee Entertainment Enterprises Limited. The proposed deal aimed to amalgamate TV and streaming ventures in India under the ZEE umbrella. The news was confirmed on Monday, January 22, 2024. Sony terminates $10 billion merger with Zee Entertainment; seeks fee of $90 million … Read more
Even as the minister responsible admitted there aren’t enough competitive options for mobile service in Canada, another federal official said consumers can and should search for other service providers when faced with price increases. That message — from Innovation, Science and Economic Development (ISED) Canada — came just hours after the Industry Minister François-Philippe Champagne said Canadians “still pay too much … Read more
Canadians are still paying too much for telecom services, the industry minister said Thursday, one day after Rogers Communications said it was raising the cost of some of its wireless phone plans. Rogers said Wednesday it would hike the cost of some of its wireless plans for non-contract customers. Bell is also reportedly increasing some of its existing wireless phone … Read more
