Why Warner Bros Discovery prefers Netflix’s offer over Paramount’s hostile bid
Warner Bros. Discovery on Wednesday recommended that shareholders reject an unsolicited takeover proposal from Paramount, escalating the high-stakes battle for…
Europe bulletin: UK inflation cools, EU carbon rules tighten, Germany’s confidence stumbles
Europe markets head into midweek with inflation, trade, and growth all in focus. UK price data surprised to the downside,…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
Yes, the AI boom has a balance sheet problem
The global AI boom looks unstoppable when measured by stock prices. Trillions of dollars in market value rest on the…
US pauses technology trade deal with UK amid stalled negotiations
The United States has paused negotiations on a proposed technology trade deal with the UK, after officials in Washington grew…
China-EU trade tensions ease as final pork duties fall below initial rates
China has announced a substantial reduction in tariffs on pork imports originating from the European Union, a move affecting imports…
Expectations of Bank of England rate cut rise as UK unemployment hits four-year high
UK unemployment rose in the three months through October as a softening labour market added to the Bank of England’s…
Peace talks, sanctions drive Brent crude below $60/bbl for the first time in 7 months
Brent oil prices fell below $60 per barrel on Tuesday, slipping more than 1.5% as hopes for a Russia-Ukraine peace…
Commodity wrap: oil plunges below $60 on peace deal hopes; bullion, base metals fall post US jobs data
Oil prices plunged with Brent falling below $60 per barrel on Tuesday for the first time in seven months. Prices…
US jobs report: payrolls rise 64,000 in November, unemployment hits 4.6%
US employers added 64,000 jobs in November, data released Tuesday by the US Bureau of Labor Statistics revealed, exceeding economists’…