PRESS DIGEST- Financial Times - Nov. 2
- Disney has agreed to acquire 33% of Hulu, a popular streaming service in the US, that it does not own from rival Comcast. - Wind developer Ørsted abandoned two US projects, Ocean Wind 1 and 2, and said it has recorded 28.4 billion Danish crowns ($4.03 billion)in impairment charges.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
- CVC Capital Partners postpones plans for Amsterdam listing - Tata Steel pulls announcement on 3,000 job cuts at Welsh factory
- Disney moves to buy Comcast out of Hulu streaming joint venture - Ørsted shares tumble after company ditches two US wind projects
Overview - European private equity group CVC Capital Partners has postponed plans for its Amsterdam listing due to market uncertainty.
- Tata Steel has pulled an expected announcement to confirm up to 3,000 job losses at its factory in Wales, prolonging uncertainty for the workforce at the country's biggest steelmaker. - Disney has agreed to acquire 33% of Hulu, a popular streaming service in the US, that it does not own from rival Comcast.
- Wind developer Ørsted abandoned two US projects, Ocean Wind 1 and 2, and said it has recorded 28.4 billion Danish crowns ($4.03 billion)in impairment charges. ($1 = 7.0409 Danish crowns) (Compiled by Bengaluru newsroom)
Google News