Amazon to Offer Its Original Movies and Films on Other Sites
Amazon.com Inc. is launching a new unit to distribute its movies and TV shows to other media outlets besides its Prime Video streaming service.
Bloomberg Business
More Market Stress Is Needed to Spur Debt-Limit Deal, Ex-Biden Adviser Singh Says
A financial-market shock is what’s required to motivate politicians to break the current impasse on the US debt ceiling, according to former Biden administration economic adviser Daleep Singh.
South Africa Faces 14th Straight Primary Budget Deficit As Tax Refunds Hurt Revenue
South Africa will likely miss its primary budget surplus target for the 2023 fiscal year by about 8.9 billion rand ($486 million), after revenue collections narrowly undershot estimates due to higher-than-anticipated value-added tax refunds.
American Drivers Are Last Hope for Global Fuelmakers Ahead of Tenuous Travel Season
The global fuelmaking industry is pinning its hopes for summer demand on American drivers. That’s an iffy bet.
Baxter Sells Manufacturing Unit to Private Firms for $4.25 Billion
Baxter International Inc. agreed to sell its contract medical manufacturing unit to investor Warburg Pincus and private equity firm Advent International for $4.25 billion in cash.
EU Cancels Israel Event Rather Than Let Far-Right Minister Speak
The European Union canceled a diplomatic reception in Tel Aviv to protest the Israeli government’s decision to send a far-right cabinet minister to address the event.
Volkswagen Set to Tap Bentley, Porsche Executives for Software Shakeup
Volkswagen AG has named an executive from its luxury Bentley brand to lead its struggling software unit as new Chief Executive Officer Oliver Blume seeks to fix longstanding issues.
Meta May End Facebook, Instagram News Content in Canada
Meta Platforms Inc. said it would end news content on Facebook and Instagram in Canada if lawmakers pass legislation to force social-networking platforms to pay media publishers to feature their work.
Five Key Charts to Watch in Global Commodities This Week
Saudi Aramco reports first-quarter earnings this week, marking the end of the reporting season for the world’s largest oil companies. Meanwhile, the dismal performance of US energy stocks may not be over, according to one technical indicator. Here are five notable charts to consider in global commodities.
Merck KGaA Gets Female Leadership Duo in First for Germany’s DAX
Germany’s Merck KGaA will soon have women occupying the top two posts on its executive board, marking a first in a corporate world more noted for its preponderance of men.
