Business
Verizon offering up some deals for Black Friday
That's right - one of their deals can net you a free 24-inch LG TV when you buy an LG G4. If you prefer a year of Amazon Prime, you can get that by activating a new Galaxy S6, Galaxy S6 Edge, Galaxy Note 5 or the Galaxy S6 Edge+. AT&T is selling only the 64 GB model of the gold Note 5 (starting at $28 per month, or $349.99 with a 2-year contract), while Verizon has the 32 GB model (starting at $29 per month).
Business
Crude Oil Down Near USD40 As US Inventories Rise
The premium of Brent futures over their USA equivalent narrowed to around $1.77 a barrel, from closer to $4 at the start of the month. USA oil futures averaged $43 a barrel so far this week, down from $46 last week. However, the spike in freight rates is not due to a ramp up in demand, but instead due to over-congestion.... wait times outside Chinese ports have lengthened considerably while vessels in the U.S.
Business
B&Q owner misses earnings estimates
That compared to analysts' average forecast of 234 million pounds, according to a company-compiled consensus. The results were impacted by £17 million of adverse foreign exchange movements on the translation of non-sterling profits and around £5 million of additional store development costs compared to past year.
Business
Yahoo Is Blocking Mail Access For Users With Ad Blockers
The popular email platform has reportedly blocked United States-based users of the popular ad blocking software AdBlock Plus . According to an article on Yahoo's own finance news site, the tech company was "taking a stand" against a few of its USA users who employ ad blockers on the ad-supported site by testing a feature that prevents these users from accessing their account until they turn the software off.
Business
BG Group's LNG Facility At Idku, Egypt
Completion of the transaction is subject to certain regulatory approvals as well as customary closing conditions. Noble will maintain a 35 percent interest and continue operating the project. In a statement, BG Group said that this upstream position provides a potential source of gas to Egypt, where the company holds equity in an LNG export facility at Idku and LNG offtake rights to lift 3.6 million tpy.
Business
CVC Capital Partners / CPPIP to acquire Petco for $4.7 billion
TPG and Leonard Green had also registered Petco with regulators for an initial public offering, which they would have proceeded with if offers for the company were far below their valuation expectations. The deal may be announced as soon as this week, the people said. This likely deal comes at a time that proves challenging for private equity firms as the jerky finance markets have proved to be difficult for them to secure the amount of debt which they are used to make investment returns ...