Paramount Plans Bid for Warner Bros. Discovery
Any deal would further reshape the media industry, putting CBS News, CNN, and two major movie studios under the same corporate umbrella. Source link
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’Not far apart on tariff deal’: Trump’s India ambassador nominee says issues to be resolved ‘in weeks’; calls India a strategic partner
The US ambassador-designate to Delhi, Sergio Gor, emphasised that India’s role as a strategic ally will influence regional and international developments. (AI image) US President Donald Trump’s nominee to be the American ambassador to India, Sergio Gor has said that India-US trade deal issues will be sorted within weeks. At a Senate committee hearing for…
Klarna’s Market Debut Shows Wall Street’s Renewed Appetite for I.P.O.s
The company’s shares rose more than 14 percent on the first day of trading, a sign of the health of the public markets and a willingness of investors to bet on new companies. Source link
Infosys share buy back: IT giant announces its largest-ever Rs 18,000 crore share buyback; 19% premium for shareholders
Infosys Ltd on Thursday announced a Rs 18,000 crore share buyback programme, signalling confidence in its long-term cash flows and growth prospects even as the IT services major faces muted revenue growth this fiscal.The company said it will repurchase around 10 crore shares at Rs 1,800 apiece, a 19% premium over the stock’s Thursday closing…
How the Emmys Face-Off Between ‘Severance’ and ‘The Pitt’ Sums Up the TV Business
The industry is in a state of transition. The front-runners for best drama at the Emmys this Sunday explain the competing tensions. Source link
Currency watch: Rupee slips to record closing low of 88.35 vs US dollar; strong dollar index, crude gains add pressure
The rupee closed at a fresh all-time low of 88.35 against the US dollar on Thursday, tumbling 24 paise amid sustained tariff tensions between India and the US, foreign fund outflows, and rising crude oil prices.Forex dealers said a stronger dollar ahead of US inflation data further weighed on the Indian unit, which continues to…
Trump’s Tariffs on Brazil and Vietnam Are Making Coffee More Expensive
Coffee prices are up nearly 21 percent over the past year, partly because of President Trump’s punishing tariffs on Brazil and Vietnam. Source link
‘We are going to sort out with India’: US commerce secretary confident of trade deal; wants a stop on Russian oil purchase
US President Donald Trump and Prime Minister Narendra Modi have recently indicated an improvement in relations. (AI image) With US President Donald Trump saying that the trade deal negotiations between India and America will continue, a key government official has struck an optimistic note on issues being sorted out.The US Commerce Secretary Howard Lutnick expressed…
In High-Profile Closings, Los Angeles Restaurateurs See Trouble
The city’s turmoil, from wildfires to curfews, has exacted a toll on some of its best-loved restaurants and raised worries about the future. Source link
US markets today: Stocks hover near records after consumer inflation data rise; global cues mixed
Wall Street traded near record highs on Thursday as fresh US economic data reinforced expectations that the Federal Reserve will cut interest rates next week to support growth. The S&P 500 rose 0.3% in early trade after setting new records in the last two sessions, while the Dow Jones Industrial Average advanced 95 points and…