Tuesday newspaper round-up: Charter/Time Warner Cable, Greece, EU referendum
Charter Communications is set to take over its larger rival Time Warner Cable in a $55bn mega merger of America's two largest cable operators, reports The Times. The deal could be announced as soon as Tuesday.
Apple Inc.
$165.05
06:35 19/04/24
Charter Communications Inc.
$262.75
06:35 19/04/24
Dow Jones I.A.
37,954.43
04:30 15/10/20
General Motors Corp
n/a
06:35 19/04/24
Nasdaq 100
17,181.26
06:35 19/04/24
Time Warner Cable Inc.
$0.00
01:16 12/07/16
Greek PM Alexis Tspiras has convened an emergency meeting of its bailout negotiation team as Athens nears a €1.6bn debt repayment to the IMF next month, writes The Guardian.
The EEF manufacturers' organisation has called for an early referendum over the UK's EU membership, claiming that the "creeping uncertainty" is hurting business, according to The Times.
Beijing's plan to seek private investments in $300bn of infrastructure projects, and the opening up of Hong Kong-registered funds to Chinese investors pushed Chinese stock markets higher overnight, reports the Financial Times.
The European head of Goldman Sachs Asset Management has said that global debt piles risk growing out of control due to an ageing population, reports The Telegraph.
Apple has promoted Sir Jonathan Ive to chief design officer and "now rivals the iPhone maker's chief executive Tim Cook for power and influence within Apple", writes the Financial Times.
General Motors is likely to face criminal charges over defective ignition switches, which have been linked to over 100 deaths, though federal prosecutors still have to hash out key issues, reports The Wall Street Journal.
The number of houses worth over £2m on the UK's main online property sites have more than doubled since the general election as fears over a Labour mansion tax have subsided, The Guardian said.