Business news

• Exclusive: Goldman Sachs' Latam investment bank chief to leave - source

  22-10-2016 23:03 via news.yahoo.com
  
  By Olivia Oran and Christine Murray NEW YORK/MEXICO CITY (Reuters) - Martin Werner, co-head of Goldman Sachs' investment banking business in Latin America, will depart the Wall Street bank at the end of this year, according to a person familiar with the situation. Werner, who also runs Goldman's investment banking business in Mexico, told the Mexico office last week he was leaving after 16 years at the bank. A spokesman for Goldman Sachs in New York declined to comment.
  
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• AT&T to purchase Time Warner for $85.4B US

  22-10-2016 22:34 via cbc.ca
  
  AT&T Inc. said on Saturday it agreed to buy Time Warner Inc. for $85.4 billion US. It's the boldest move yet by a telecommunications company to acquire content to stream over its high-speed network to attract a growing number of online viewers who want to ditch traditional pay-TV packages in favour of streamlined offerings or watching online.
  
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• AT&T set to announce purchase of Time Warner for $85B US

  22-10-2016 22:34 via cbc.ca
  
  AT&T Inc. is set to announce as early as Saturday an $85 billion US deal to buy Time Warner Inc, sources familiar with the matter said, giving the telecom company control of cable TV channels HBO and CNN, film studio Warner Bros. and other coveted media assets.
  
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• AT&T set to announce $85 billion Time Warner purchase

  22-10-2016 21:32 via news.yahoo.com
  
  The deal, which has been agreed on most terms, would be one of the largest in recent years in the sector as telecommunications companies look to combine content and distribution to capture customers replacing traditional pay-TV packages with more streamlined offerings and online delivery. AT&T will pay $110 per Time Warner share in cash and stock, worth about $85 billion overall, sources told Reuters. AT&T, whose main wireless phone and broadband service business is showing signs of slow
  
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• The best ways to sell your big data projects to the CEO

  22-10-2016 20:56 via techrepublic.com
  
  In order to gain support and financial approval for your big data and analytics initiatives, you need to give busy senior managers a snapshot of how these efforts can pay off.
  
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• How to create multiple NAT Networks in VirtualBox

  22-10-2016 20:08 via techrepublic.com
  
  For an easy way to work with NAT networks and virtual machines, check out how to use VirtualBox's NAT Networks.
  
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• AT&T reaches deal to buy Time Warner for more than $80 billion: WSJ

  22-10-2016 19:46 via news.yahoo.com
  
  (Reuters) - AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
  
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• Chicago Cubs vs. Los Angeles Dodgers Game 6: Can Clayton Kershaw Force Game 7? Prediction, Betting Odds For 2016 NLCS

  22-10-2016 18:10 via ibtimes.com
  
  Facing elimination from the 2016 MLB playoffs, the Los Angeles Dodgers turn to their ace, hoping to keep their World Series hopes alive. Clayton Kershaw will get the call for L.A. in Game 6 of the National League Championship Series at Wrigley Field.
  
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• Venezuela's Maduro says oil producers close to output cap deal

  22-10-2016 17:16 via news.yahoo.com
  
  Venezuelan President Nicolas Maduro was quoted on Saturday as saying that OPEC and non-OPEC nations were "very close" to an agreement on oil production curbs, Azerbaijan's state news agency Azertag reported. "Today with (Azeri) President Ilham Aliyev we talked about reaching agreements between OPEC and countries that are not members of the cartel. This will pave the way for a new era of stability and investments, stable output and new oil price formula," he said.
  
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• Gagey to be replaced soon as Air France chief: newspaper

  22-10-2016 16:03 via news.yahoo.com
  
  Frederic Gagey stands to lose his job as boss of French carrier Air France in early November when its parent Air France-KLM unveils a new strategic plan to the board, daily La Tribune said on Friday. Under the "Trust Together" plan to be announced on Nov. 3, Jean-Marc Janaillac, chairman and chief executive of Air France-KLM , will take on the additional responsibility of Air France chairman while a new CEO will be picked for the French carrier. A spokeswoman for Air France-KLM declined comment.
  
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• Hillary Clinton vs. Donald Trump In Florida: Latest Polls Show Swing State Remains A Toss Up

  22-10-2016 15:48 via ibtimes.com
  
  With fewer than 20 days left until Election Day, the presidential nominees, Democrat Hillary Clinton and Republican Donald Trump, have begun to focus intensely on the battleground states that will likely decide who wins Nov. 8. There is perhaps no more important state than Florida, which accounts for a massive 29 electoral votes. 
  
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• ‘Walking Dead’ Season 7 Spoilers: Who Dies? Predictions On Which Character Negan Kills In Premiere

  22-10-2016 15:10 via ibtimes.com
  
  Fans of AMC’s “The Walking Dead” already know that Rick is safe and won’t be killed by Negan and his barbed wire bat, Lucille, in the Season 7 premiere. But what about the other characters Negan savagely made kneel on the ground in the Season 6 finale?
  
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• ‘Shameless’ Season 7 Spoilers: Episode 4 Photos Tease Frank Creating Order At The Homeless Shelter, Fiona’s Attempt To Save Patsy’s

  22-10-2016 15:10 via ibtimes.com
  
  Frank has found a fresh start in Season 7 of “Shameless” with a new family at the Gallagher Home for the Homeless, but could his safe haven be in jeopardy already?
  A synopsis for episode 4 suggests the former patriarch of the original Gallagher clan — now living next door to the newest and likely most unruly shelter on Chicago’s Southside — has a plan to save his new home. Frank (William H. Macy) will plan an event for other residents of the neighborhood in the hope
  
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• Piech, Porsche families say united behind VW management: Spiegel

  22-10-2016 14:45 via news.yahoo.com
  
  The Piech and Porsche families that control more than 52 percent of Volkswagen have vowed to back senior management, setting aside past disputes as the carmaker struggles to overcome an emissions scandal, Der Spiegel reported on Saturday. In a rare interview, Hans Michel Piech and Wolfgang Porsche pledged support for VW chairman Hans Dieter Poetsch and chief executive Matthias Mueller, and said they would stay out of daily operational affairs at Germany's biggest carmaker. The two families had c
  
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• Nordea chairman says merger with ABN Amro would create 'fine bank'

  22-10-2016 14:34 via news.yahoo.com
  
  A merger between Sweden's Nordea and Dutch state-owned lender ABN Amro would make "a pretty fine bank," and early talks may continue after a March 2017 election in the Netherlands, Nordea chairman Bjorn Wahlroos said on Saturday. In an interview with Finnish public broadcaster YLE, Wahlroos confirmed he had recently discussed a possible merger with representatives from the Dutch finance ministry and the Netherlands Financial Investments (NLFI), the state agency that holds a majority of ABN share
  
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• Russian Mi-8 Chopper Crash Kills 19 People, Investigation Launched

  22-10-2016 14:26 via ibtimes.com
  
  A Russian Mi-8 helicopter crash-landed in northwestern Siberia, killing 19 people and injuring three others, according to reports Saturday. The chopper was flying oil and gas field workers when the accident happened.
  The crash occurred Friday and officials reportedly recovered the helicopter’s two black boxes.
  
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• Hope remains for CETA, although Belgium's Walloon region still opposes trade pact

  22-10-2016 14:03 via cbc.ca
  
  The Belgian region of Wallonia has affirmed it's still not ready to support a trade deal between the 28-nation European Union and Canada, but a top EU official is still hoping the standoff can be resolved within days.
  
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• 'The whole system is rigged': An insider exposes what stands between you and the ticket you want

  22-10-2016 14:00 via cbc.ca
  
  CBC Marketplace investigated how bot software often beats the general public to grab the best seats so resellers can peddle them to fans at a markup.
  
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• Pro tips for booking a bargain getaway down south

  22-10-2016 11:00 via cbc.ca
  
  Travel bloggers and pros share their best advice on how to escape the coming cold of winter for a southern destination, without breaking the bank
  
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• US-Cuba Cancer Treatment Deal: Countries Sign Memorandum To Exchange Knowledge

  22-10-2016 10:43 via ibtimes.com
  
  The United States and Cuba signed a cancer treatment memorandum, opening doors for the two countries to exchange knowledge and best practices to study, monitor and to control cancer — a major health issue in both the nations, according to reports Friday.
  Cuban Minister of Public Health Roberto Morales and U.S. Secretary of Health and Human Services Sylvia Burwell signed the deal in Havana. The move will reportedly facilitate Cuban-developed medicines to be sold in the U.S. after FDA a
  
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• Cleaner, but not leaner: China steel mills defy capacity cutbacks

  22-10-2016 10:03 via news.yahoo.com
  
  By Ruby Lian and Manolo Serapio Jr SHANGHAI/SINGAPORE (Reuters) - Chinese steel mills are becoming cleaner every month as Beijing pushes to curb its smoke-stack industries. Despite efforts to step up environmental checks and trim out excess capacity, steel output by the world's top producer has risen year-on-year for the past seven months. As emissions cuts will mean steel mills are better able to meet stricter government standards, Beijing may find it more difficult to cut overcapacity in a spr
  
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• Russian Observers For US Elections A ‘PR Stunt’: State Department

  22-10-2016 08:30 via ibtimes.com
  
  Even as relations between the United States and Russia face increased turbulence, the U.S. State Department has said that the country is welcome to send observers to the U.S. presidential election scheduled for November this year. However, the country did not refrain from referring to Russia’s overtures as more of a publicity stunt.
  
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• ‘Supergirl’ Season 2, Episode 3 Spoilers: Martian Manhunter Meets Miss Martian For The First Time In New Sneak Peek [VIDEO]

  22-10-2016 07:40 via ibtimes.com
  
  Martian Manhunter (David Harewood) and Miss Martian (Sharon Leal) will cross paths for the first time in the next episode of “Supergirl.”
  
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• ‘Wonder Woman’ Actress Lynda Carter On Working With Melissa Benoist On The Set Of ‘Supergirl’ Season 2

  22-10-2016 07:35 via ibtimes.com
  
  Lynda Carter opened up about what it was like to work with Melissa Benoist on the set of “Supergirl.”
  In a recent interview with E! News, Carter said that she had a great time filming with Benoist on the Vancouver set of the show’s sophomore run.
  
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• ‘The Good Place’ Season 1 Spoilers: 5 Characters Adam Scott Could Play On The NBC Series

  22-10-2016 03:58 via ibtimes.com
  
  Adam Scott landed a guest-starring role on “The Good Place.”
  According to Entertainment Weekly, Scott will appear in multiple episodes of the new NBC series.  The 43-year-old actor will make his series debut in next week’s Season 1, episode 8. Details about his character are being kept under wraps, but below are five potential roles that he could be portraying on the hit afterlife comedy.
  1. Michael’s boss
  
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• Android 7.0 Nougat Download For Moto G4 And Moto G4 Plus Now Available

  22-10-2016 01:07 via ibtimes.com
  
  Lenovo’s Moto G4 and Moto G4 Plus are the first non-Nexus smartphones to update to Android 7.0 Nougat. The manufacturer announced the update on itssupport page Friday .
  
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• Second wind for stocks as earnings turn positive

  22-10-2016 00:57 via news.yahoo.com
  
  With S&P 500 earnings on track to rise after four consecutive quarters of contraction, U.S. stocks are clearing a major hurdle that puts the record high in sight for the benchmark U.S. stock index. The S&P 500 hit a record high in mid August even after the long profit slump. "The magnitude of the beats we’ve had is really important," said Art Hogan, chief market strategist at Wunderlich Securities in New York.
  
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• Nintendo Switch hopes to succeed where Wii U sputtered

  22-10-2016 00:49 via cbc.ca
  
  The Nintendo Switch aims to merge the dual home and portable platforms the venerable Japanese company has long been known for into a single, harmonious whole.
  
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• New NYC law, San Francisco lawsuit highlight global risks for Airbnb

  22-10-2016 00:25 via news.yahoo.com
  
  SAN FRANCISCO/BERLIN (Reuters) - Airbnb, the online lodging service that investors now believe is worth $30 billion, faces a reckoning. "Throughout the country, people representing cities have called me to ask what's going on with the litigation," he said.
  
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• AT&T agrees in principle to buy Time Warner for $85 billion: sources

  22-10-2016 00:22 via news.yahoo.com
  
  AT&T, which sells wireless phone and broadband services, has already made moves to turn itself into a media powerhouse, buying satellite TV provider DirecTV last year for $48.5 billion. AT&T will pay $110 per Time Warner share, or about $85 billion overall, sources told Reuters. Time Warner's shares rose almost 8 percent in regular trading, and a further 4.5 percent after hours, to $93.25, giving it a market value of about $73 billion.
  
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• Bombardier to cut 7,500 more jobs through 2018, mostly in rail

  22-10-2016 00:13 via news.yahoo.com
  
  Bombardier Inc said on Friday it would cut 7,500 jobs, mostly in its train-making division, in a second round of layoffs announced this year, following extended delays and budget overruns in its aerospace business. About two-thirds of the jobs are in Bombardier Transportation, the Germany-based rail unit which had already been slated to eliminate about 3,500 workers. Bombardier, which ended 2015 with 70,900 employees, said in February it would cut 10 percent of its workforce over two years, with
  
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