Speaker DeLeo says he will 'closely monitor' Wynn/MGM conversations

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Speaker DeLeo says he will 'closely monitor' Wynn/MGM conversations

Massachusetts House Speaker Robert DeLeo said that he will pay close attention to talks between MGM Resorts International and gambling empire Wynn Resorts Ltd. after the two companies acknowledged in a joint statement Friday that Wynn is weighing …
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Bloomberg's TicToc plans to launch on OTT streaming services this year

TicToc is in a promising position, benefiting from the deep reporting and data resources of Bloomberg which helped it to reach profitability in its first
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OMCs under pressure; HPCL, BPCL and Indian Oil Corporation decline up to 6%

Shares of state-owned oil marketing companies (OMCs) were under pressure in the late morning deals on Tuesday with Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOCL) falling up to 6 per …
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British Steel on verge of administration

British Steel is on the verge of administration as it continues to lobby for government backing, sources say. The UK’s second-biggest steel maker had been trying to secure £75m in financial support to help it to address “Brexit-related issues”. If the firm does not …
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Britain's Nationwide profits fall on IT spending, mortgage market competition

LONDON (Reuters) – Britain’s Nationwide Building Society reported a 15% fall in profits for the year to April 4, as intense competition in the home lending market and increased spending on digital banking services ate into its margins. The bellwether mortgage …
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