Billionaire Mukesh Ambani’s broadcast venture, Viacom18 Media, and Warner Bros Discovery Inc. signed a multi-year pact to stream latter’s exclusive content in India, marking another win for Asia’s richest man over Walt Disney Co. in the race to corner one of the world’s biggest media markets.
Diplomats ramped up efforts to extend a shaky truce between two warring Sudanese generals to avert an escalation of a devastating conflict that has already claimed almost 500 lives.
Europe’s push for more green fuel has helped build an industry in China that collects, recycles and ships waste such as used cooking oil. But a flood of biofuel is now threatening European producers and sparking fears about fraudulent exports.
(Bloomberg) — All through the period when trouble was brewing at Silicon Valley Bank, the Federal Reserve was taking steps that effectively discouraged examiners from doing much about it.
Deutsche Boerse AG will buy Danish financial software maker SimCorp A/S for about €3.9 billion ($4.3 billion) to expand its data and analytics business, in a deal poised to be the exchange operator’s biggest acquisition to date.
Deutsche Bank AG said clients broadly stuck by it and the firm’s liquidity stayed strong throughout a turbulent March, despite the firm briefly becoming the focus of jittery markets.
Hindustan Unilever Ltd.’s shares fell after India’s largest consumer goods company reported quarterly profit that missed analyst estimates as inflationary pressures continued to weigh on demand.
The European Central Bank is catching up to an inflation risk that’s proving far more powerful than the wage-price spiral that policymakers have been worrying about.
Japanese information system vendor Fujitsu Ltd. has announced a big share buyback scheme for a second year running, joining a host of companies that are stepping up efforts to woo investors.
Deutsche Bank AG plans to cut about 800 senior back-office staff as Chief Executive Officer Christian Sewing steps up cost reductions amid a slowdown in the trading business that has fueled much of the lender’s growth.
