Publication: CNBC

First reported 2 hours ago - Updated 6 mins ago - 2 reports

Telecom Italia, Telefonica bid for Vivendi's GVT

Vivendi, which previously tried to sell GVT in 2013, confirmed it had received the two binding offers and said its supervisory board would examine them at a meeting later in the day.A slowdown in Brazil's mobile phone market is forcing the major players ... [Published CNBC - 1 hour ago]
First reported 10 hours ago - Updated 24 mins ago - 3 reports

UPDATE 2-Qantas looks past record loss, opens door to foreign investors

* Qantas reports record net loss on restructure* Shares rise on potential of foreign investment, positive outlook* CEO says "worst is over"(Updates throughout with more detail on division split, share price)SYDNEY, Aug 28 (Reuters) - Qantas Airways Ltd ... [Published CNBC - 7 hours ago]
First reported 6 hours ago - Updated 49 mins ago - 2 reports

UPDATE 1-Brent hovers below $103 as ample supply weighs

* U.S. crude inventories fall 2.1 mln bbls -EIA* Fire hits BP's largest U.S. refinery* Hope fades for Ukraine-Russia ceasefire deal* Iraq Basra crude exports fall in Aug on bad weather -sources(Adds quotes, updates prices)SINGAPORE, Aug 28 (Reuters) - ... [Published CNBC - 3 hours ago]
First reported 17 hours ago - Updated 1 hour ago - 3 reports

Argentina plans bring debt under its law

Argentina's government said Wednesday its long-term plan was to bring all its sovereign debt governed by foreign law under Argentine legislation.Latin America's No. 3 economy tipped into default on July 31 after a U.S. court prevented it from servicing ... [Published CNBC - 15 hours ago]
First reported Aug 27 2014 - Updated 5 hours ago - 5 reports

Harried euro gets reprieve ahead of inflation test

The euro clung onto modest gains early on Thursday, having snapped three straight sessions of declines as feverish speculation of an imminent round of easing by the European Central Bank cooled.Sources told Reuters on Wednesday that the ECB is unlikely ... [Published CNBC - 8 hours ago]
First reported 20 hours ago - Updated 13 hours ago - 3 reports

Moscow courts back McDonald's closures

The three restaurants—on Moscow's Manezh square, under the walls of the Kremlin, at Pushkin Square and on Prospect Mira—have been closed since last week on the orders of the watchdog, Rospotrebnadzor. The court rulings confirmed that decision.Rospotrebnadzor ... [Published CNBC - 16 hours ago]
First reported Aug 27 2014 - Updated 15 hours ago - 3 reports

UPDATE 3-Brent rises near $103, rebounds from lows on North Sea outage

* North Sea Buzzard field halts for more maintenance* U.S. crude inventories fall 1.3 mln bbls - API* Cushing up 265,000 bbls - API* Saudi crude exports fall in June to lowest in nearly 3 years* Coming up: EIA weekly oil inventories by 1430 GMT(Recasts, ... [Published CNBC - Aug 27 2014]
First reported Aug 26 2014 - Updated 16 hours ago - 3 reports

Time Warner Cable goes dark; gradually comes back

Time Warner Cable is gradually recovering from multiple nationwide outages, the company stated on Wednesday, after routine network maintenance interrupted service.Confirming multiple reports, the company issued a statement citing "an issue with our Internet ... [Published CNBC - 20 hours ago]
First reported Aug 26 2014 - Updated 20 hours ago - 3 reports

OP ED Selecting the right advisor is serious business

Choosing the correct financial advisor is a tall order for any investor.A misstep can mean the difference between reaching your financial goals and falling short. For business owners, the stakes are even higher.Business owners bring unique issues to the ... [Published CNBC - 20 hours ago]
First reported Aug 26 2014 - Updated Aug 27 2014 - 5 reports

Gabelli: Burger King doing what they're supposed to do

17 Mins AgoMario Gabelli, chairman and CEO of Gamco Investors, weighs in on Burger King's purchase of Tim Hortons. ... [Published CNBC - Aug 26 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 5 reports

UPDATE 3-Best Buy says sales to fall as more shoppers buy online

(Adds details, Nielsen survey; updates shares)Aug 26 (Reuters) - Best Buy Co Inc, the largest U.S. consumer electronics retailer, said same-store sales were expected to fall and higher discounting would erode margins in the second half of the year.Best ... [Published CNBC - Aug 26 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 5 reports

UPDATE 5-Brent rises above $103 after U.S. consumer data

* Libya calls for foreign help to protect oil infrastructure* U.S. crude inventories to rise, products to fall - poll* Strong U.S. consumer confidence data boosts prices* Coming Up: U.S. weekly API inventories; 2030 GMT(Updates prices, adds context)LONDON, ... [Published CNBC - Aug 26 2014]

Quotes

"The timing is not uncoincidental with this week in our opinion. If you wanted to cool things down, this is the last thing you would do" Lai's top aide and spokesman Mark Simon told Reuters
"We are getting ready. We have a daily debate - how can we fill those storage facilities" he said
"Some of the most interesting uses of Twitter come from consuming tweets. And in some ways that is not different from a lot of platforms that are out there in the world… only a subset of TV-watchers actually produce TV and only a subset of people in the world are farmers" he added
"Whether they love us or not, I reach out my hand from here to every one of the 77 million people," he said. "We understand your lifestyles, your values... We want you to understand the bans, restrictions and threats we overcame to get here today."

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