Eutelsat Mulls Options For Ground Network

RTTNews | Pred 504 dňami
Eutelsat Mulls Options For Ground Network

(RTTNews) - French satellite operator Eutelsat Group confirmed Monday, following recent press speculation, that it is analysing options for its ground network.

The company may partner with external infrastructure investors, but the analysis is preliminary in nature at this time. There can be no certainty that it will lead to a specific outcome, the firm noted.

Earlier, Bloomberg reported, citing people familiar with the matter, that the Paris-based company is exploring options for its ground station network, including a sale, that could value the portfolio at more than 800 million euros or $850 million.

The company is working with advisers to seek a buyer for the assets, and the unit is drawing interest from infrastructure investment firms, the report said.

Eutelsat's ground station network includes antenna systems and other facilities, which offer connectivity for the company's network of satellites.

read more
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Monday, but adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,800.00 level, with gains across most sectors led by mining and financial stocks.
RTTNews | Pred 58 minútami
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the positive cues from Wall Street on Friday, as the recent interest rate cut decision by the US Fed and the forecast by Fed officials of two more rate cuts this year but just one next year, continue to lift market sentiment. However, major currencies in the region weakened against the US dollar. Asian markets closed mixed on Friday.
RTTNews | Pred 1 h 18 min
Sensex, Nifty Set To Open Lower After Trump's Visa Crackdown

Sensex, Nifty Set To Open Lower After Trump's Visa Crackdown

Indian shares look set to open lower on Monday, with tech stocks likely to be in focus after U.S. President Donald Trump signed an executive order slapping an additional fee on H-1B visa holders, potentially impacting profitability and prompting companies to rethink hiring strategies.
RTTNews | Pred 1 h 54 min
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 nearly 600 points to well above the 45,600 level, with gains across most sectors led by exporters and technology stocks.
RTTNews | Pred 2 h 11 min
Thai Stock Market Due For Support On Monday

Thai Stock Market Due For Support On Monday

The Thai stock market has moved lower in three straight sessions, shedding more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,290-point plateau although it may stop the bleeding on Monday.
RTTNews | Pred 2 h 31 min
Indonesia Bourse May Set Fresh Record High

Indonesia Bourse May Set Fresh Record High

The Indonesia stock market bounced higher again on Friday, one day after halting the seven-day winning streak in which it had surged almost 400 points or 5 percent. Now at a fresh record closing high, the Jakarta Composite Index sits just above the 8,050-point plateau and it may see additional support on Monday.
RTTNews | Pred 3 h 1 min
Additional Support Tipped For Hong Kong Stocks

Additional Support Tipped For Hong Kong Stocks

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had jumped more than 360 points or 1.4 percent. The Hang Seng Index now sits just beneath the 26,550-point plateau and it may add to its winnings on Monday.
RTTNews | Pred 3 h 16 min
China Shares May Halt Losing Streak

China Shares May Halt Losing Streak

The China stock market has tracked lower in back-to-back sessions, sinking more than 55 points or 1.5 percent along the way. The Shanghai Composite Index now rests just above the 3,820-point plateau although it may find traction on Monday.
RTTNews | Pred 3 h 31 min