Ownership changes

November 09, 2018 - 5:12 am
BERLIN (AP) — Germany's antitrust authority has cleared the planned merger of the country's two main department store chains, ruling that it doesn't threaten competition at a time when online retail is rising. The Federal Cartel Office said Friday that the two companies exceed a combined 25 percent...
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FILE- In this Sept. 26, 2018, file photo visitors stand near a 5G logo at a display the PT Expo in Beijing. Telecommunications equipment maker CommScope Holding Co. is paying about $5.7 billion for Arris International Plc. as it prepares for the entrance of faster 5G service to the wireless market. (AP Photo/Mark Schiefelbein, File)
November 08, 2018 - 9:43 am
NEW YORK (AP) — Telecommunications equipment maker CommScope is paying $5.7 billion for Arris International as it prepares for the entrance of faster 5G service to the wireless market. Arris makes modems and boxes for the wireless industry, including cable operators. Equipment makers and...
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FILE - In this May 3, 2017, file photo, people leave the Farifax offices in Sydney, Australia. Australia's competition watchdog on Thursday, Nov. 8, 2018 approved the proposed merger of television network Nine Entertainment and newspaper publisher Fairfax Media into a media giant to be known only as Nine. (AP Photo/Rick Rycroft, File)
November 07, 2018 - 8:41 pm
CANBERRA, Australia (AP) — Australia's competition watchdog on Thursday approved the proposed merger of television network Nine Entertainment and newspaper publisher Fairfax Media into a media giant to be known only as Nine. Australian Competition and Consumer Commission chair Rod Sims said the...
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November 07, 2018 - 3:24 am
CANBERRA, Australia (AP) — The Australian government on Wednesday warned it intends to block a Hong Kong and Chinese consortium's 13 billion Australian dollar ($9 billion) takeover bid for an energy infrastructure company because it conflicts with Australia's national interest. CK Consortium needs...
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Chinese President Xi Jinping is seen on a live broadcast at the media center during the opening ceremony for the China International Import Expo in Shanghai, Monday, Nov. 5, 2018. Xi promised Monday to open China wider to imports at the start of a high-profile trade fair meant to rebrand the country as a global customer but offered no response to U.S. and European complaints about technology policy and curbs on foreign business. (AP Photo/Ng Han Guan)
November 05, 2018 - 9:18 am
SHANGHAI (AP) — President Xi Jinping promised Monday to open China's growing consumer market wider at an import fair meant to help defuse complaints Beijing abuses the global trading system. But he offered no response to U.S. and European complaints about technology policy and investment curbs. The...
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In this Oct. 26, 2018, photo, workers prepare a lawn outside the venue for the upcoming China International Import Expo in Shanghai. Facing a blizzard of trade complaints, China is throwing an "open for business" import fair hosted by President Xi Jinping to rebrand itself as a welcoming market and positive global force. (Chinatopix via AP)
November 03, 2018 - 8:38 pm
BEIJING (AP) — Facing a blizzard of trade complaints, China is throwing an "open for business" import fair hosted by President Xi Jinping to rebrand itself as a welcoming market and positive global force. More than 3,000 companies from 130 countries selling everything from Egyptian dates to factory...
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October 30, 2018 - 5:27 pm
SAN FRANCISCO (AP) — Google's robotic car spin-off Waymo is poised to become the first to test fully driverless vehicles on California's public roads. The regulatory approval clearing the cars to begin navigating the state's highways and streets without a backup human driver behind the wheel comes...
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FILE - In this April 26, 2017, file photo, the IBM logo is displayed on the IBM building in Midtown Manhattan, in New York. IBM announced Sunday, Oct. 28, 2018, it will acquire North Carolina-based open-source software company Red Hat in a $34 billion stock deal that the technology and consulting giant's chief executive says will advance the company to the next step in cloud computing. (AP Photo/Mary Altaffer, File)
October 28, 2018 - 6:49 pm
RALEIGH, N.C. (AP) — IBM announced Sunday it will acquire North Carolina-based open-source software company Red Hat in a $34 billion stock deal that the technology and consulting giant's chief executive says will advance the company to the next step in cloud computing. IBM and Raleigh-based Red Hat...
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October 22, 2018 - 3:11 am
MILAN (AP) — Fiat Chrysler Automobiles has announced the sale of its auto components division to Japanese automotive component supplier Calsoni Kansei Corporation in a deal valued at 6.2 billion euros ($7 billion). FCA said Monday that the Magneti Marelli sale would create the world's seventh-...
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FILE- In this July 8, 2017, file photo people walk into a Sears store slated for closing that is next to a mall that is being torn down in Overland Park, Kan. Sears has filed for Chapter 11 bankruptcy protection Monday, Oct. 15, 2018, buckling under its massive debt load and staggering losses. The company once dominated the American landscape, but whether a smaller Sears can be viable remains in question. (AP Photo/Charlie Riedel, File)
October 15, 2018 - 6:44 am
NEW YORK (AP) — Sears filed for Chapter 11 bankruptcy protection Monday, buckling under its massive debt load and staggering losses. The question now is whether a smaller version of the company that once dominated the American retail landscape can remain viable or whether the iconic brand will be...
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