Screenwriters and the group representing big Hollywood studios failed to resume talks about a new contract Friday after the Alliance of Motion Picture & Television Producers said it needed to consult with members.
Rishi Sunak has a decent chance of delivering his promise to halve UK inflation this year, according to the Bank of England. But that is about as good as the latest central bank forecasts get for the prime minister, who was hoping to fight a 2024 general election with a much-improved economy.
Stellantis NV is planning to add a second lower-priced electric vehicle to its arsenal to compete with Renault SA and Chinese carmakers as consumers look for more affordable EVs.
For years, governments around the world have assailed social media for their role in the spread of disinformation, inciting violence and provoking uprisings.
Distressed state construction company PT Waskita Karya of Indonesia said it won’t be able to deposit funds for the payment of interest and the repayment of principal for its rupiah bonds due Aug. 6, according to a filing late Friday.
Only 68 companies on the Prime Market Index of the Tokyo Stock Exchange have 30% or more women represented on the board, the Nikkei reported.
The Philippines will review all land reclamation activities in Manila after the US government raised concerns over the involvement of a Chinese company and potential environmental impact of projects, the Philippine Star reported.
UBS Group AG is set to make management changes to its investment banking division as soon as Monday, with several senior bankers in talks to leave, Reuters reported, citing people familiar with the matter.
The US government is pausing certain foreign assistance programs benefiting the government of Niger, US Secretary of State Antony Blinken said in a statement.
