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Peppa Pig Owner Spurns £1bn ITV Takeover

The rejected offer is 8.5 per cent above Entertainment One's closing price of 217.5p in London yesterday. Entertainment One shares rose 6% after the announcement, to 232p, having risen 10% to 217.5p on Tuesday on talk of a bid. ITV said last month that it would slash £25m in costs as it warned ad revenue was set to dip 1% in the nine months to the end of September amid the fall-out from the United Kingdom vote to quit the EU.

Business

United States cable firm Time Warner buys 10% stake in Hulu

Hulu plans to launch a live TV streaming service in 2017, and now we have an idea of some of the things you'll be able to watch. The company launched its own steaming service HBO Now past year and it has tried to attract viewers with "binge-watching" marathons of select television shows.

Business

Swimming: Hosszu drops out of 200m butterfly

Hosszu was the overwhelming favourite to win her third gold of the Rio Games, particularly after setting an Olympic-record 2:07.45 in the heats. The Hungarian, already a victor in the 100m backstroke and 400m IM, edged out Siobhan-Marie O'Connor on Tuesday.

Business

No Greek tragedy here: Korakaki takes gold, second medal

Olympic debutant Anna Korakaki took gold in the women's 25 metre pistol event on 9 August in Rio, just two days after winning Greece's first ever shooting medal in the 10 metre air pistol. And she reckons that had played a part in her topping the podium here. "We had it tied six to six, so the next five shots were crucial - maybe I was more lucky".

Business

Clinton responds to Trump's Wilmington comments on the 2nd amendment

You would think that would go without saying! "You are responsible for what people hear". That is actually a very arresting comment. Every word is closely parsed, both in the United States and around the world. Clinton leads Trump nationally 46 percent to 34 percent among registered voters, according to a New Jersey-based Monmouth University Polling Institute poll released Monday afternoon.

Business

Great Britain's Adam Peaty powers to 100m breaststroke gold at Rio Olympics

It is the first men's Olympic gold by a British swimmer in 28 years, since Adrian Moorhouse's success in the same event in Seoul 1988. It was hardly surprising as he had just won the Olympic 100 metres breaststroke final with a world record and a remarkable 1.56 seconds ahead of second-placed South African defending champion Cameron van der Burgh.

Business

Golden puffer fish named after Olympic hero Adam Peaty

The 21-year-old is the first British man to win an Olympic swimming gold medal in almost thirty years. Footage of the moment showed Ms Williams shouting: "Yes!" When Adam Peaty of the United Kingdom powered home to win the finals of the men's 100m breaststroke final in #Rio, he broke his own record that he set in the semi-finals the previous night.

Business

Oil Falls as Supply Glut Seen Shrinking Slower Than Expected

The market is skeptical that the upcoming meeting of OPEC officials in late September would result in a coherent effort to combat the low prices, noting that the cartel has failed in the past to agree to a production freeze despite the pre-meeting hypes.

Business

Rodriguez's home run in 9th gives Pirates 3-2 win over Reds

He's notched three saves for the Pirates' Triple-A affiliate, but don't look for him to get any save opportunities with the Bucs, who have named Tony Watson their new closer after the deal that sent away Mark Melancon to the Washington Nationals just prior to the trade deadline.

Business

Apple Has Sold A Billion iPhones Now

As per the report, the number of iPhone sold in the third quarter is 40.4 million while it was 47.5 million during this quarter in the past year. In a statement published on Apple's website ( read it here ) Cook said, "We never set out to make the most, but we've always set out to make the best products that make a difference".

Business

House Speaker Ryan cruises to victory in GOP primary

Two federal judges have ruled people who can't get IDs can vote by affidavit or with a special receipt from the state Department of Transportation, but those decisions won't take effect until November. Instead, a simple podium with a "Ryan for Congress" campaign sign was set up in front of three rows of chairs for reporters at meeting hall in his hometown of Janesville.

Business

Bank of England cuts rates to record low on Brexit

Policymakers were not completely united on how to respond to the fallout from Brexit. Sterling fell 1.2 percent against the dollar following the announcement, while Britain's main share index rose by almost 2 percent. The number of Americans collecting unemployment benefits has fallen more than 5 percent in past year, but the pace of hiring and economic growth slowed in the first half of 2016.

Business

France sells 30 Caracal military helicopters to Kuwait

The copters are equipped with sophisticated electronic systems and air-to-surface missiles, it noted. Kuwait is the latest nation to join the community of Caracal users with 138 H225M Caracal having been ordered so far by France, Brazil, Mexico, Malaysia, Indonesia, Thailand, and Kuwait.

Business

Rod Blagojevich: Judge upholds former Illinois governor's sentence

Seeking a five-year sentence that would have enabled him to leave prison quickly, the former governor apologized for his "mistakes" and the way he "fought back" against the government. Blagojevich fronted a prison band called "The Jailhouse Rockers", named after the Elvis Presley song, which was dissolved after the lead guitarist was released, according to The Associated Press.

Business

Delta cancels 300 flights in second day of chaos

Almost 1,200 Delta flights had been delayed, according to tracking service FlightStats Inc. The computer systems were working again a few hours later but Delta said it was still working to accommodate stranded passengers. The disarray at Delta marked the second time in less than a month that a system failure forced mass flight cancellations at a large USA carrier. Instead of staying home or poolside at a hotel until the airline could fix the mess, many passengers learned about the gridlock ...

Business

Oil dips on oversupply; calls for producer meeting met with scepticism

Previously, it forecast a drop of 820,000 bpd to 8.61 million bpd. The worldwide benchmark for oil, Brent crude leaped nearly 3% from $42 to $45.33 a barrel in the moments following the statements made by Al-Sada. Markets overall were sceptical that there would be decisive action and prices struggled to hold above the $43.0 p/b level, although there was also a wariness over aggressively shorting the market.

Business

Mounting concerns about water pollution in Rio

The levels of pollution exceed even Rio's lax water standards, according to the agency. It says athletes will also get daily updates on water quality ahead of events. The precautions include antibiotics (which will only halt the bacteria, not the viruses) and, in the case of those taking part in water sports, wearing a plastic suit and gloves to minimize contact with the polluted waters.

Business

USA judge upholds 14-year prison sentence of former IL governor

According to the Bureau of Prisons , Blagojevich is scheduled for release in May of 2024. Judge Zagel, acknowledged Blagojevich's family, saying "I am sympathetic to. Blagojevich appeared before the court wearing a Navy blue prison outfit, his once obsessively groomed head of dark hair now turned a grandfatherly white, and wept when his daughters took the stand to speak on his behalf.

Business

Vail Resorts Acquiring Whistler Blackcomb

The pending purchase of the Canadian resort continues Vail Resorts' drive to dominate the North American ski industry. Vail said it would offer an assessment of its capital spending on Whistler Blackcomb on a conference call in September.

Business

Oil stable as Venezuela calls for producer meeting, oversupply still weighs

Futures showed that US stocks were set for some gains, with Dow and S&P futures up 0.1 percent. Lower crude oil prices have a negative impact on oil producers' earnings like Carrizo Oil & Gas (CRZO) and Cobalt International Energy (CIE).

Business

April 1, 2017 target for GST tough, but deadlines better: Jaitley

The Finance Minister said government had marathon rounds of consultations and Centre was accommodative of various views but without compromising on the fundamentals of the bill. "There was a public anxiety, nearly an exasperation, over the delay", he said. The Constitution (122nd Amendment) Bill, 2014, that would lay the ground for roll out of GST regime, was passed by the opposition-dominated Upper House after the government moved four amendments.

Business

Blast Heard Near Rio Olympics Cycling, No Sign Of Injuries

This is the first Olympics at which athletes can compete under the flag of Kosovo, which proclaimed independence from Serbia in 2008. Also, the first time in Summer Games history, a woman led the athletes into Opening Ceremonies. On Thursday, the International Olympic Committee confirmed the Russian team would be made up of 271 athletes, with 118 eliminated because of the drug scandal.

Business

London attack kills woman

The attacker injured five other people, all but one of them now out of the hospital. The FSU London Study Centre is only a few blocks away from Russell Square , where the attack took place. The suspect emigrated to the United Kingdom from Norway as a child, said authorities. CNN reports London investigators are calling the attack a "spontaneous" assault.

Business

Trump aide: Campaign will seek to move debate days

Hillary Clinton vowed to attend all the match-ups, telling reporters in OH on Sunday, "I'm going to be there, that's all I have to say ". In clips of an interview with ABC News released Saturday, Trump blasted the schedule and claimed he even received a letter from the National Football League agreeing with him.

Business

Trump Explains His Plan to Grow the Economy

He dismissed Clinton as representing "the exhausted voices of the past". Trump had promised at the time that he would make up for lost revenue by closing a slew of loopholes. "He weakens United States moral authority as the leader of the free world", the letter read. Some frustrated Republicans plan to back a conservative alternative, former Central Intelligence Agency officer Evan McMullin.

Business

Why are Southern rail workers striking? Who owns Southern rail?

The strike adds to the problems of tired passengers who have suffered months of cancellations and delays because of high levels of staff sickness, while in July Southern axed 341 trains, about 15 percent, to provide what it said would be a more regular service.

Business

Walmart Confirms Jet.com Acquistion

Its e-commerce sales rose just 7% in the most recent quarter, while the overall US e-commerce market increased about 15%. The deal gives Wal-Mart, the world's largest retailer, a boost in the e-commerce sector on which it vowed to spend $2 billion on.

Business

Team USA looks to repeat in Women's Gymnastics

In London, the Fierce Five held hands as they stared at the scoreboard and cried as the results came up. The nickname is an homage to Martha Karolyi, who is retiring as coordinator of the US women's gymnastics team following these Olympics.

Business

Mylan (MYL) Stock Slides in After-Hours Trading on Q2 Revenue Miss

The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.02. The generic drugmaker posted revenue of $2.56 billion in the period, which missed Street forecasts. Finally, JPMorgan Chase & Co. restated an "overweight" rating on shares of Mylan in a report on Saturday, June 25th. "0" brokerage firms have issued "Sell" rating for the company and "Strong Sell" rating was issued by "2" brokerage firms.

Business

Ryan hopes to head off surprise; 8th District scramble

Trump later relented and threw his support behind the speaker, but Nehlen by then had won national exposure. They included Joanne Simenson, who called Ryan "a big spender, just like the rest of them". The primary's other top race was in northeastern Wisconsin, where GOP Rep. Reid Ribble's retirement opened a congressional seat that could swing either way.

Business

Oil futures end sharply higher after big drop in gasoline inventories

A decrease in shipments from the Midwest to the East Coast accounted for about 50 percent of the decline. "For those focusing on gasoline, it was encouraging", Tamas Varga, an analyst at PVM Oil Associates Ltd.in London, said of yesterday's EIA report .

Business

Child Care Plan Is A Change In Rhetoric For Donald Trump

Seven in ten Trump supporters (69%) agree if Hillary Clinton wins the election, it will have been "rigged", and 40 percent of Trump supporters say if she wins it will be because ACORN rigged it. Guy behind Trump immediately realized what he said was a problem. The NRA, which has endorsed Trump, came out in support of the GOP nominee. ".@ RealDonaldTrump is right.

Business

Valeant Pharmaceuticals says it will reorganize

The significant business disruption it has faced over the past nine months, driven by pricing and accounting scandals, has pressured the company to sell off assets to make ends meet. Valeant , which is now in compliance with its covenants, will begin the amendment process "shortly", he said. Meanwhile, insurers and other payers trying to reign in their medicine costs have squeezed Valeant for bigger discounts and rebates.

Business

Hillary Clinton to tout jobs plan in Warren on Thursday

Trump note that Clinton was "all talk, no action", and characterized the economic developments in upstate NY at a time of her serving in the US Senate - a disaster. "A vote for Hillary Clinton is also a vote for the TPP", Trump said. The Zandi model is also based on Trump's plan to deport millions of undocumented immigrants, which, the reports say, would reduce the size of the USA workforce and raise prices for consumers.

Business

Australia's Commonwealth Bank posts record profits

The bank announced a final dividend of A$2.22 per share, leaving the final payout to shareholders at A$4.20, which was unchanged from the previous year. "However, on-going economic strength will require a lift in the low rates of nominal growth". Deposit funding was stronger, with 8 per cent growth in customer deposits and a slight expansion in market share.


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