Netflix has revised its proposed acquisition of Warner Bros. Discovery to an all-cash transaction at a price of US$27.75 per share. The move is aimed at simplifying the deal structure and strengthening its position amid rival takeover attempts. The revised offer values Warner Bros. Discovery at an enterprise value of approximately US$82.7 billion, including debt,…
Bloomberg via Getty Images The European Parliament plans to suspend approval of the US tariff deal. The European Parliament plans to suspend approval of the US tariff deal agreed in July, according to sources close to the International Trade Committee. The suspension will be announced on Wednesday in Strasbourg, France. This move would signify an…
Sir Keir Starmer has said that a trade war is “not the right way to resolve differences” within the coalition. During the Downing Street press conference on the Greenland crisis, the Prime Minister appeared to rule out the possibility of imposing retaliatory tariffs on the US. Politics Live: What will Britain do next on Greenland?…
Gold and silver prices hit record highs but stock prices fell on Monday as investors reacted to Donald Trump’s threat as US President to impose new tariffs on eight European countries in protest over his proposed annexation of Greenland. On Monday, gold prices hit $4,689.39 (£3,499) an ounce, while silver rose to a peak of…
EW Delhi: The Directorate General of Civil Aviation (DGCA) has imposed the biggest fine ever on an Indian carrier – Rs 22.2 crore on IndiGo for massive flight disruptions last month. Additionally, the airline will have to submit a bank guarantee of Rs 50 crore, the release of which is linked to, inter alia, implementing…
Beth Kozder Beth Kozder became pregnant and gave birth to her baby while waiting for British Gas to provide an accurate final bill A woman says it is “absurd” that British Gas took 15 months to prepare a final bill and refund more than £1,500 in credits, despite the Energy Ombudsman asking the firm to…
getty images US President Donald Trump has imposed tariffs on goods arriving here from countries around the world. Trump argues the move will boost American manufacturing and create jobs, but critics warn of higher prices and damage to the global economy. But he has also used the taxes to make other demands and has threatened…
