What the FluxWhat the Flux

Telstra wants to buy slice of Fetch TV | Amazon completes $8.5B acquisition of James Bond owner | Russia heading for debt default

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Telstra is planning to buy a majority stake in subscription video service Fetch TV - despite already owning 35% of Foxtel.

 

Amazon has completed its US$8.5 billion acquisition of MGM - the company behind the James Bond franchise and many other blockbusters.

 

Russia is heading towards a default on its foreign debt payments, which threatens to send its economy deeper into crisis.

 

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