November 18, 20240 Comments

Australia’s competition watchdog begins review of Vocus-TPG $3.4 billion deal By Reuters

(Reuters) -Australia’s competition regulator said on Monday it is seeking views on the Macquarie-backed telecommunications group Vocus’ A$5.25 billion ($3.39 billion) takeover of local telecom operator TPG Telecom (BCBA:)’s enterprise, government, and wholesale (EG&W) fixed business and fibre network assets. The Australian Competition and Consumer Commission (ACCC) said it is seeking views from interested parties on the likely impact on prices and service quality in the supply of fixed line

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November 15, 20240 Comments

SpaceX President Gwynne Shotwell welcomes competition for Starlink, rockets

SpaceX President and Chief Operation Officer Gwynne Shotwell speaks during the NASA Commercial Crew Program (CCP) astronaut visit at the SpaceX headquarters in Hawthorne, California, U.S., on Monday, Aug. 13, 2018. Bloomberg | Bloomberg | Getty Images SpaceX’s second-in-command urged on rivals in comments Friday, describing competition as healthy for Elon Musk‘s space company. “I hope others can catch up, right? Competition is good for industries. … It keeps us

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November 11, 20240 Comments

SIA shares fall 6% as profit nearly halves amid intensifying competition

An Airbus A350-941 from Singapore Airlines is preparing to take off on the runway at Barcelona-El Prat Airport in Barcelona, Spain, on May 1, 2024. Nurphoto | Nurphoto | Getty Images SINGAPORE — Shares of Singapore Airlines dropped after the city-state’s flag carrier reported a fall of almost 50% in net profit for its first half April to September period, citing lower yields and growing competition. As markets opened on Monday,

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