After weeks of political conflict that has gripped Yemen, the government and the Shia Houthi rebels have finally come to an agreement that will end the struggle. The two sides have agreed to the forming of a new government and that a new prime-minister be named in the following three days by the Houthis and the southern separatists. This announcement came after clashes between pro-government … [Read more...]
AT&T inks $50 bn Deal with DirecTV to improve its dividends
Continuing the wave of consolidation in the television and telecommunications sectors, the American multinational telecommunications corporation AT&T is going to acquire country’s biggest satellite television provider DirecTV. Both the companies have strike a deal worth almost USD $50 billion. According to a source, the deal could be announced by Sunday afternoon following the meeting of board … [Read more...]