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Time Warner CEO says only AT&T approached with offer

Time Warner Inc Chief Executive Jeff Bewkes said on Monday that AT&T Inc was the only company to make a takeover approach for the media group.

Recent Business News

Belgian PM says cannot unblock EU-Canada trade deal for now

BRUSSELS Prime Minister Charles Michel said he had told European Council President Donald Tusk on Monday that Belgium could not agree to sign an EU-Canada trade deal because he had failed to secure the agreement of regional authorities.

8:21am EDT

AT&T-Time Warner deal sparks calls for scrutiny in Washington

WASHINGTON AT&T Inc's proposed $85 billion takeover of Time Warner Inc generated skepticism among both Democrats and Republicans on Sunday, making it more likely that regulators will closely scrutinize the effort to create a new telecommunications and media giant.

Tech, Deals Oct 23 2016

Burger King/Tim Hortons owner's profit beats on new menu items

Restaurant Brands International Inc , owner of Burger King and Tim Hortons, reported a better-than-expected quarterly profit, helped by new menu items and lower costs.

7:31am EDT

Oil prices fall as Iraq resists joining output cut

LONDON Oil prices fell on Monday as Iraq said it wanted to be exempt from an OPEC deal to cut production, though losses were capped by Iran saying it would encourage other members to join an output freeze.

7:39am EDT

Italy's Monte dei Paschi set to approve business plan

MILAN Italy's Monte dei Paschi di Siena prepared to unveil a capital-boosting and business plan on Monday under new chief Marco Morelli, as its shares extended a week-long rally buoyed by the prospect of an alternative rescue scheme.

Money, Italy 6:02am EDT


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