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(Reuters) -Paramount Global has extended its partnership with “South Park” creators Trey Parker and Matt Stone for another five years, the company said on Wednesday. Under the new deal, Paramount will pay South Park Digital Studios, co-owned by the media giant and Park County, more than $1.25 billion, ranking it among the richest deals in …

Paramount+ wins’South Park’ library and new episodes after prolonged negotiations Read More »

By Nicole Jao NEW YORK (Reuters) -Investors are expecting top U.S. refiners to report higher second-quarter profits, bouncing back from losses during the first three months of the year as unseasonably strong diesel margins boost earnings. Fuelmakers have reaped unexpected profits from producing key products in recent months, a respite after earnings slipped from record levels …

US refiners may see Q2 profit recover on stronger diesel margins  Read More »

By Elizabeth Howcroft (Reuters) -A shareholder adviser group, Glass Lewis, expressed new concerns about UK-based money transfer company Wise’s plans to change its primary listing to the U.S., just days before a shareholder meeting, and another adviser, PIRC, said that it opposed the plans. In a statement made public on Monday, Wise’s second-biggest shareholder, Skaala …

Wise’s U.S. move proposals face fresh opposition from shareholder advisers Read More »

BOGOTA (Reuters) -Colombian President Gustavo Petro on Tuesday threatened to unilaterally alter Glencore’s concession contract if the mining giant continues to export coal to Israel, though the company said it has already ceased the shipments in compliance with a presidential decree. “I am willing to unilaterally change the concession contract,” Petro said during an energy …

Colombia’s Petro threatens to alter Glencore contract over Israel coal exports Read More »

By Natalia Siniawski MEXICO CITY (Reuters) -Executives at Mexican lender Banorte on Wednesday warned that foreign-exchange volatility and a potential dividend payout could weigh on the company’s performance for the remainder of the year. The cautionary outlook came a day after the bank reported a 4% rise in second-quarter net profit, bolstered by double-digit growth …

Mexico’s Banorte warns FX, potential dividend could weigh on full-year results Read More »