Elliott takes $3.2 Billion stake in AT&T, calls for asset sales
10 September 2019 | 11:21 am
Elliott Management Corp. disclosed a new $3.2 billion stake in AT&T Inc. and has a plan to boost its share price by more than 50% via assets sales and cost-cutting. Bloomberg Intelligence's John Butler has the details on "Bloomberg Daybreak: Americas."
In this article
EU interior ministers are expected to agree on a temporary protection mechanism for people fleeing Russia's war in Ukraine. The number of people fleeing into neighboring countries could run into the millions.
US Secretary of Defense Lloyd Austin told the Polish minister of defense that the US does not support the transfer of MiG-29 fighter jets to the Ukrainian air force "at this time," Pentagon press secretary John Kirby said, either by Poland transferring them to Ukraine with the US backfilling Poland's fleet or by Poland transferring the MiG-29s to the US to then give to Ukraine.
French car giant Renault announced Wednesday it was immediately suspending operations at its Moscow factory after Kyiv called for a boycott of the company for remaining in Russia.
The German government has activated its emergency plan for gas supplies, as fears rise that Russia could cut off the flow of gas to Europe. The early warning, announced by Economy Minister Robert Habeck, is the first of three stages in Berlin's emergency plan aimed at securing supplies. The move comes as Moscow insists it be paid in roubles for Russian gas. Also today, we report on how the sanctions on Russia are affecting the diamond trade in the Belgian city of Antwerp.
German Health Minister Karl Lauterbach said his announcement of scrapping obligatory isolation for people infected with COVID was a mistake and sent the wrong signal.
The coronavirus pandemic forced many companies to halt business travel almost overnight. The economic consequences for airlines and hotels have been dramatic, leaving many to wonder if corporate travel will bounce back.
They're calling it the battle of Donbas. After nearly two months of mishaps and setbacks, Russia is putting all its might into a bid to capture the entire east of Ukraine. But will it capture it or flatten it? We ask our guests about the Kremlin's endgame.
The former US president has been fined $10,000 per day until he complies with a New York court order to turn over documents as part of an investigation into his business practices.
We look at the extraordinary US Supreme Court leak of a draft majority opinion that plans to roll back the landmark 1973 Roe v. Wade abortion rights ruling. On International Press Freedom Day, the Swiss paper Le Temps features Dmitri Mouratov, editor of the Kremlin critic newspaper Novaya Gazeta on its front page. Also, controversial changes to the Olympic sport of pentathlon, and a little Dutch boy who goes for an early morning joyride in his mother's car!
Tesla CEO, Elon Musk recently acquired Twitter after the board agreed to the takeover bid by the Billionaire, marking a dramatic reversal of its earlier hesitation to accept the offer. Musk reportedly paid $54.20 (€50.8) per share in cash, or $44 billion, to take a 38% stake in the messaging platform. The takeover has however been welcomed with mixed feelings with many expressing fears that Musk may alter the way the platform operates.
56 mins ago
Holocaust denial has long been illegal in Germany. A new amendment aims to criminalize denial of other war crimes and genocides wherever they happen and would apply to denying atrocities committed in Ukraine.
56 mins ago
Moscow hopes Turkey will refrain from using of "excessive force" following Turkish strikes against Kurdish fighters in Syria and Iraq. Ankara is threatening to launch a ground offensive.
56 mins ago
Mishaal Al Kuwari was eagerly awaiting the start of the World Cup opening game between his national team Qatar and Ecuador with mixed feelings.
1 hour ago
An agreement among German government ministers looks to put an end to Germany's military presence in Mali. It follows similar decisions by allies, after a years-long operation that has made questionable progress.
1 hour ago
Ukrainian President Volodymyr Zelenskyy addressed troops in the newly liberated Ukrainian city of Kherson Monday and said Ukraine is "ready for peace. Peace for all our country."