Fashion
China warns solar firms on monopoly risks amid consolidation bid
Measures such as raising industry standards and gradually phasing out subsidies are also likely to continue CHINA’S market regulator has…
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bid
News
Trump’s bid to block corporate homebuying blindsides Wall Street
Most of the major institutional landlords have sharply curtailed purchases since the middle of 2022 The time of the corporate landlord as…
Culture
Warner Bros. rejects takeover bid from Paramount, siding with Netflix’s offer
Warner Bros. again rejected Paramount’s latest takeover bid and told shareholders Wednesday to stick with a rival offer from Netflix.…
Business
Warner Bros rejects revised Paramount bid as risky leveraged buyout
Warner Bros Discovery’s board has unanimously turned down Paramount Skydance’s latest attempt to acquire the studio, saying its revised…
Fashion
Warner Bros likely to reject Paramount’s latest hostile bid, source says
WARNER Bros Discovery will likely reject Paramount Skydance’s amended US$108.4 billion hostile bid for the storied Hollywood studio…
Business
China to pay interest on digital yuan in bid to boost adoption
Whether the new interest-bearing arrangements will promote significantly wider adoption of the E-CNY remains unclear CHINA is about to…
Business
Vietnam’s Vingroup to withdraw bid for US$67 billion North-South high-speed railway
Vietnam’s largest conglomerate, Vingroup, said on Thursday (Dec 25) that it would withdraw its investment proposal for the nation’s…
Business
Fu Yu’s largest shareholder Victor Lim reinstated as director of strategy, makes new bid for board membership
Reinstatement is in view of his ‘ability to contribute to the group’, says company without further elaboration Components manufacturer Fu…
Business
Larry Ellison offers US$40.4 billion guarantee to beef up Paramount's Warner Bros bid
Oracle co-founder Larry Ellison will provide a personal guarantee of US$40.4 billion in equity financing to back Paramount Skydance’s…
Culture
Netflix refinances part of US$59 billion loan for Warner Bros bid
The streaming giant plans to tap capital markets to further reduce its bridge facility and extend its debt maturities Netflix refinanced…
News
Rep. Elise Stefanik drops out of New York's governor race, no reelection bid for House
Rep. Elise Stefanik has suspended her campaign for New York governorand said she will not be seeking reelection for her House seat,…
Business
Sias calls on Singapore Paincare to clarify actions after failed privatisation bid
The Securities Investors Association (Singapore), or Sias, called on medical services company Singapore Paincare to clarify its actions…
Business
Jared Kushner’s Affinity Partners pulls out of Paramount’s bid for Warner Bros. Discovery
A private equity firm owned by President Donald Trump’s son-in-law, Jared Kushner, is no longer backing Paramount’s hostile acquisition…
Business
Warner Brothers urges shareholders to reject $108bn Paramount bid
Warner Bros Discovery has told its shareholders to reject Paramount Skydance's $108.4bn (£80.75bn) takeover bid. Paramount had said its…
News
Australia unveils rescue bid for Rio Tinto's Tomago aluminium smelter
“If Australia doesn’t produce aluminium, then the knock-on effect in other industries is significant,” warns Prime Minister Anthony…
Business
Paramount Skydance’s David Ellison Sends Letter to Warner Bros. Discovery Shareholders Making Case for Why Its Bid Is Better Than Netflix Deal: ‘I Am Passionate and Dedicated to This Pursuit’
David Ellison, the CEO of Paramount Skydance who has launched a hostile takeover bid for Warner Bros. Discovery, is urging WBD…
Business
Democratic Reps Warn WBD That Paramount’s Takeover Bid Raises National Security Concerns Over Saudi and Other Foreign Investors
Two Democratic lawmakers — U.S. Reps. Sam Liccardo (D-Calif.) and Ayanna Pressley (D-Mass.) — have expressed “serious national security…
Business
Temasek, top funds bid in Swiggy’s US$1.1 billion share sale
The fundraising underscores the Indian e-commerce market’s rapid expansion amid surging demand Global investors, including Temasek…
News
Paramount’s rival bid for Warner Bros. puts CNN and more cable networks back in limbo
Paramount Skydance‘s hostile takeover bid of Warner Bros. Discovery places CNN and its sister cable networks squarely back into what is…
News
Texas Rep. Marc Veasey leaving Congress to pursue Democratic bid for county judge seat
Texas Rep. Marc Veasey announced he's not seeking reelection, aiming instead for the Democratic nomination for Tarrant County judge.…
Business
Why has Paramount launched a hostile bid for Warner Bros Discovery?
Natalie ShermanBusiness reporter The fight in Hollywood to buy Warner Bros Discovery is shaping up to be a blockbuster. Paramount…
Fashion
Warner Bros fight heats up with US$108 billion hostile bid from Paramount
Acceptance of the bid would trigger a US$2.8 billion breakup fee payable to Netflix Paramount Skydance on Monday (Dec 9) launched a…
Business
Jardine Matheson’s bid to privatise Mandarin Oriental gets shareholders’ nod
The required majority are in favour of the scheme of arrangement at US$3.35 a share Shareholders of Mandarin Oriental International on…
News
Democratic Rep. Jasmine Crockett kicks off Texas Senate bid, seeking John Cornyn's seat
Texas Rep. Jasmine Crockett announced her Senate bid Monday at a Dallas campaign event -- significantly reshaping the state's Democratic…