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China Unlikely to OK MG Rover Rescue

China's biggest carmaker said it was unlikely to agree to a rescue deal for MG Rover, as administrators battled on Monday to find a buyer for the UK firm.

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Silicon Beach Report Jan. 4: Jimmy Iovine to Leave Apple Music in August

Jimmy Iovine to leave Apple Music in August; Chrome River raises $35 million more and eHarmony's “scientific” match ad banned in UK.

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Goldman May Bid for AB Ports

A consortium including Goldman Sachs is considering bidding for Associated British Ports Plc, joining other offshore predators buying UK port operators.

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Pelican Products to Host UK Entrepreneur Program in Torrance

Pelican Products, makers of protective cases for a range of products, is sponsoring a pilot program that will bring six UK-based entrepreneurs to the company’s headquarters in Torrance for training this fall.

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Japan

Britain easily retained its lead as America's favorite European location for corporate investment during the 1997/98 year. A rise of more than 34% in US company projects has been announced by the UK Government's Invest in Britain Bureau (IBB), bringing th

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TT Games Opens UK Studio for Lego Mobile Video Games

TT Games, makers of the Lego video game franchise published by Warner Brothers Interactive Entertainment in Burbank, has announced the opening of TT Games Brighton, a new UK-based development studio focused on creating new Lego games designed for mobile platforms.

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Hilton in Talks to Buy UK Hilton's Hotels

Hilton Hotels Corp. on Friday said it is in discussions to acquire the hotel division of UK-based Hilton Group Plc, in an all-cash deal reported to be worth about $6.3 billion.

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Natrol Expands in U.K.

Nutritional supplement maker Natrol Inc. announced the establishment of a United Kingdom subsidiary, Natrol UK Ltd.

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CB Richard Ellis Arranges Major UK Property Transaction

CB Richard Ellis Group, Inc. today announced that it arranged what it is calling the largest commercial property transaction in United Kingdom history.

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Silicon Beach Report April 5: SpaceX Gains Substantial Cost Savings from Reused Falcon 9

SpaceX gains substantial cost savings from reused Falcon 9, TaskUs moves headquarters to Santa Monica Airport, and Enthusiast Network launches Motor Trend streaming video in UK and Europe.

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EU OKs Universal, BMG Merger

Universal Music Group said it has received conditional approval from the European Commission to buy BMG Music Publishing for $2.2 billion.

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CallFire Acquires FireText

CallFire, Inc., a cloud phone and text services provider, has acquired UK text message marketing firm FireText to expand its European presence.

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Vice Media Acquires Controlling Stake in Pulse Films

Venice-based Vice Media has acquired a controlling stake in UK-based production company Pulse Films, according to Variety. The deal is designed to reportedly boost Vice’s digital, mobile and linear capabilities. Vice and Pulse first partnered in 2012 for the film “Shut Up and Play the Hits,” which premiered at the Sundance Film Festival.

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Hilton Buys UK Hilton's Hotels

Hilton Hotels Corp. said on Thursday that it agreed to buy the hotel division of UK-based Hilton Group Plc for $5.7 billion in cash, creating the largest lodging company in the world.

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Slippery Slope

With more than 30 percent of all of the Eurozone's government debt trading on a negative interest rate, it could put the world's economy on a slippery slope, the UK Telegraph reports.

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Northrop Opens British Outpost

Northrop Grumman Corp. said it has created a United Kingdom-based operation that will spearhead of the company's activities in the UK defense, security, civil government and commercial sectors, the company said Tuesday.

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Jacobs Lands U.K. Contract

Jacobs Engineering Group Inc., the second-largest engineering company in the U.S., announced a contract to provide engineering services for Total UK Ltd., Europe's largest oil refiner.

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Engaged: Rupert Murdoch and Jerry Hall

Media mogul Rupert Murdoch and actress-model Jerry Hall are getting married. The BBC reports that the couple got engaged over the weekend in Los Angeles, where they attended the Golden Globe awards. The marriage is the fourth for Murdoch, 84, and the first for Hall, 59, who lived with Mick Jagger for 23 years and bore four children by him.

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Hackers Demand Ransom from Hollywood Hospital

After crippling the computer systems of the Hollywood Presbyterian Medical Center, hackers are demanding a $3.6 million ransom, according to Business Insider. Computer systems at the hospital have been useless for more than a week, and some patients had to be transferred to other hospitals.

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Northridge Equipment Bought by Ashtead

Northridge Equipment Services Inc. has been acquired for $69.6 million by the U.S. subsidiary of UK-based equipment rental group Ashtead Group PLC, which is seeking to boost its U.S. presence.

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