(Reuters) - Blackstone on Monday raised its offer for Hipgnosis Songs Fund by a cent to $1.31 per share, valuing the music rights owner of artists such as Shakira and Red Hot Chili Peppers at $1.58 billion.
The revised offer in part reflects "Hipgnosis incurring lower adviser fees in respect of the transaction than previously expected", the private equity fund said in a statement.
Blackstone, which won Hipgnosis's board backing for the... (continue reading...)
STOCKHOLM (Reuters) - Microsoft will invest 33.7 billion Swedish crowns ($3.21 billion) to expand its cloud and artificial intelligence infrastructure in Sweden over a two-year period, the U.S. tech group said on Monday.
The investment, Microsoft's biggest to date in Sweden, includes a pledge to help train some 250,000 people with AI skills, corresponding to 2.4% of the population that will help boost the Nordic country's competitiveness, it added.
... (continue reading...)ISLAMABAD (Reuters) - Pakistan's consumer price index (CPI) in May rose 11.8% from a year earlier, data from the Pakistan Bureau of Statistics showed on Monday, the lowest reading in 30 months and below the finance ministry's projections.
The lowest reading comes a week before the central bank meets to review the key rate which has remained at a historic high of 22% for seven straight policy meetings.
Pakistan has been beset by inflation... (continue reading...)
(Reuters) -Thai entertainment platform GMM Music on Monday said Tencent and Tencent Music Entertainment will acquire a 10% stake in the company for $70 million, solidifying its spin-off plan.
Tencent and its controlled entity Tencent Music will buy the stake through a combination of cash and a minority stake in music streaming app JOOX Thailand, valuing GMM Music at $700 million.
In July 2023, GMM Music's parent company GMM Grammy... (continue reading...)
By John Irish
PARIS (Reuters) - European governments say Russia is spreading disinformation before the European Union holds an election to the European Parliament form June 6-9.
They say the actions of Moscow and pro-Kremlin actors are part of a wider campaign of interference designed to discredit European governments and destabilise the EU.
Moscow rejects the allegations.
WHAT DOES ALLEGED RUSSIAN... (continue reading...)
More Reuters
View Older Stories-
European election: EU struggles to counter Russian disinformation
-
Toyota, other Japan automakers under fire for vehicle certification issues
-
US criminal trial of British tech founder Mike Lynch to wrap up
-
Muslim schools caught up in France's fight against Islamism
-
Back to class - or shelters? Next school year snags Israel's Lebanon strategy
-
South Africa's Ramaphosa says violence has no place after election
-
Russia's factory activity continues to expand in May, PMI shows
-
South Korea to suspend military pact with North over trash balloons
-
Mexico's Sheinbaum wins Mexican presidency, electoral institute says
-
Qatar Airways in talks for Airbus, Boeing order
-
Atos sets June 5 deadline to decide on rescue plans from Kretinsky, Layani
-
Global airlines raise 2024 profit outlook as travel soars
-
Cut rates - then what? Five questions for the ECB
-
Cut rates - then what? Five questions for the ECB
-
Cut rates - then what? Five questions for the ECB
-
Cut rates - then what? Five questions for the ECB
-
Cut rates - then what? Five questions for the ECB
-
Cut rates - then what? Five questions for the ECB
-
Cut rates - then what? Five questions for the ECB
-
Cut rates - then what? Five questions for the ECB
-
Cut rates - then what? Five questions for the ECB
-
Cut rates - then what? Five questions for the ECB
-
Cut rates - then what? Five questions for the ECB
-
Cut rates - then what? Five questions for the ECB
-
Cut rates - then what? Five questions for the ECB
-
After China, Zara expands live shopping experiment to Europe and US
-
India's May factory growth slipped to 3-month low but remained sturdy, PMI shows
-
India's May factory growth slipped to 3-month low but remained sturdy, PMI shows
-
India's May factory growth slipped to 3-month low but remained sturdy, PMI shows
-
India's May factory growth slipped to 3-month low but remained sturdy, PMI shows
-
India's May factory growth slipped to 3-month low but remained sturdy, PMI shows
-
India's May factory growth slipped to 3-month low but remained sturdy, PMI shows
-
India's May factory growth slipped to 3-month low but remained sturdy, PMI shows
-
India's May factory growth slipped to 3-month low but remained sturdy, PMI shows
-
India's May factory growth slipped to 3-month low but remained sturdy, PMI shows
-
India's May factory growth slipped to 3-month low but remained sturdy, PMI shows
-
India's May factory growth slipped to 3-month low but remained sturdy, PMI shows
-
India's May factory growth slipped to 3-month low but remained sturdy, PMI shows
-
India's May factory growth slipped to 3-month low but remained sturdy, PMI shows
-
China's lunar probe could return with answer to origins of solar system
-
China's lunar probe could return with answer to origins of solar system
-
China's lunar probe could return with answer to origins of solar system
-
China's lunar probe could return with answer to origins of solar system
-
China's lunar probe could return with answer to origins of solar system
-
China's lunar probe could return with answer to origins of solar system
-
China's lunar probe could return with answer to origins of solar system
-
China's lunar probe could return with answer to origins of solar system
-
China's lunar probe could return with answer to origins of solar system
-
China's lunar probe could return with answer to origins of solar system
-
China's lunar probe could return with answer to origins of solar system