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Anthony "Tino" De Angelis (November 3, 1915 – September 26, 2009) [3] was a Bayonne, New Jersey, commodities trader who dealt in vegetable oil futures worldwide.. In 1962 De Angelis' company, Allied Crude Vegetable Oil Refining Corporation, bilked 51 banks out of over $180 million ($1.79 billion today) in what became known as the salad oil scandal after he failed to corner the soybean oil ...
Oil futures dropped Monday on a report that a ceasefire between Israel and Lebanon-based Hezbollah may have been reached. West Texas Intermediate sank about 3% to settle at $68.94 per barrel ...
Sports streaming company DAZN is buying Australia’s Foxtel Group from majority shareholder News Corp and minority shareholder Telstra in a deal with an enterprise value of $2.2 billion. The deal ...
Its assets include the Fox Broadcasting Company, Fox Television Stations, Fox News, Fox Business, Fox Sports, Tubi, and others. Murdoch's newspaper interests and other media assets are held by News Corp, which is also under his control and was split from News Corporation in 2013, alongside 21CF. On September 21, 2023, Rupert Murdoch announced ...
News Corp has agreed to sell its Australian cable-TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion ($2.1 billion) including debt, cutting the Murdoch-controlled media empire's ...
Foxtel transmitted its cable service via Telstra hybrid fibre-coaxial (HFC) cable into the Brisbane, Sydney, Melbourne, Adelaide and Perth metropolitan areas, along with the Gold Coast. Foxtel now also transmits its satellite service into these cities as well as all over Australia, including regional areas since the takeover of Austar.
Good economic news in the United States contributed to oil reaching its highest price since May on August 17, with Benchmark Crude reaching $96.01, while Brent crude fell slightly to $113.71. [77] In mid-December, gas prices reached $3.25, the lowest for 2012. [78] Oil was trading for between $84 and $90. [79]
A move higher in oil prices, a mega merger in the media space, and more bad news from the U.S. manufacturing sector offered investors a mixed picture early Monday to start the second quarter of ...