Netflix has revised its proposed acquisition of Warner Bros. Discovery, shifting to an all-cash transaction valued at USD 27.75 per share. The move aims at simplifying the deal structure and strengthening its position amid rival takeover efforts.The revised offer values Warner Bros. Discovery at an enterprise value of about USD 82.7 billion, including debt and…
Gold prices surged to fresh record highs on Tuesday as renewed fears of a potential US–EU trade war pushed investors towards safe-haven assets amid rising global uncertainty.The rally followed tariff threats by US President Donald Trump against European nations opposing his Greenland move, triggering risk aversion across global markets. Precious metal extended gains from the…
President of the European Commission Ursula von der Leyen talks during the Annual Meeting of the World Economic Forum in Davos (AP photo) India is close to signing a trade deal with the European Union, as stated by EU chief Ursula von der Leyen during the World Economic Forum in Davos on Tuesday.“There is still…
Silver made a stellar debut in 2026, soaring over 35%, or nearly Rs 85,000 per kg, investors rush towards the precious metal amid tightening supplies and escalating geopolitical tensions involving the US, Iran and Greenland. The white metal’s momentum further strengthened after MCX silver futures decisively crossed the Rs 3 lakh per kg milestone. During…
Car Repairs Delayed? Oman Now Forces Insurers to Pay You Cash for Every Extra Day In a significant shake-up of Oman’s motor insurance landscape, the Financial Services Authority (FSA) has introduced sweeping reforms that now mandate compensation from insurers if car repairs aren’t completed on time, a first in the Gulf region and a major…
The standard deduction limit varies depending on the tax regime that salaried taxpayers opt for. (AI image) Budget 2026 income tax expectations: Standard deduction is seen as a much needed relief for taxpayers – it’s a simple, straightforward deduction from your gross income – a fixed amount that allows salaried taxpayers and pensioners to reduce…
US President Donald Trump on Monday (local time) said that he would “100%” proceed with his plans to impose tariffs on European countries unless a deal over Greenland is reached. In a telephonic interview by NBC news, the US president was asked if he will seize the land by “force,” to which he replied, “no…
Gold and silver prices surged to fresh record highs on Tuesday, extending gains from the previous session as renewed fears of a potential US–EU trade war drove investors towards safe-haven assets. The rally followed tariff threats by US President Donald Trump linked to opposition from European countries over his Greenland move, which has heightened global…
Asian markets opened on a weak note on Tuesday, as most indices slipped into the red as investors reacted to trade tensions and political developments in Japan. In US, markets remained closed for the Martin Luther King Jr Day holiday.Hong Kong’s HSI was up 35 points to 26,599. Nikkei trimmed 519 points or 0.97% to…
India and the United Arab Emirates sealed a major energy partnership with a long-term liquefied natural gas agreement worth more than $2.5 billion, the Emirati government announced on Monday. The deal was signed by ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company, and Indian oil giant Hindustan Petroleum Corporation Ltd. Under the…
