Walt Disney logo on a screen at the New York Stock Exchange. Associated Press
What if communications today were governed by a law passed before the telephone was invented? Or if transportation were guided by federal policy made before there were cars?
Walt Disney said on Friday it would sell its interests in 21 regional sports networks and Fox College Sports to Sinclair Broadcast Group Inc for $9.6 billion, a deal that clears the way for its purchase of Twenty-First Century Fox Inc’s film and television assets.
Originally called Disney-MGM Studios, this playground inspired by Hollywood’s golden age has undergone a lot of change since the early years, when it functioned as a typical theme park and working production facility creating movies, TV shows and animated films.
Boeing won a major vote of confidence at the Paris Airshow on Tuesday as British Airways owner IAG signed a letter of intent to buy 200 of its 737 MAX aircraft that have been grounded since March after two deadly crashes.
Lootah Real Estate Development (Lootah), one of the region’s most prominent real estate developers, on Tuesday announced the launch of Senaeyat, a company that provides lease-to-own industrial warehouses for businesses of different sizes.
The UAE e-commerce market is poised to grow to $17.8 billion in 2020, and the logistics providers they choose will play a key role in the exponential growth of online shopping, according to industry specialists.