Page 8 - Bloomberg

Netflix's Warner Bros. takeover sets up $72 billion antitrust test

By choosing Netflix, Warner Bros. has jilted another bidder, Paramount Skydance Corp., a move that risks touching off a political battle in Washington

SpaceX to offer insider shares at record-setting valuation of up to $800 bn

The latest figure would be a substantial increase from the $212 a share set in July, when the company raised money and sold shares at a valuation of $400 billion

Netflix-Warner deal threatens cinema, 'must be blocked': Hollywood writers

The worries raised by the movie and TV industry's biggest trade groups come against the backdrop of falling movie and TV production, slack ticket sales and steep job cuts in Hollywood

Netflix's $5.8 billion breakup fee for Warner ranks among largest ever

Netflix's multibillion-dollar pledge is also a sign of how heated the bidding war got for control of the iconic Hollywood studio

US Border Patrol imposes $5,000 fee on illegal US border crossers

The fee was approved by Congress under President Donald Trump's One Big Beautiful Bill Act, which included billions of dollars for immigration enforcement

Foreign student spending in US falls record 5.3% on visa crackdown

The 5.3 per cent decline - amounting to about $3 billion at a seasonally adjusted annual rate - follows a crackdown by the Trump administration on visas for foreign students

Russia's vital oil trade with India falls for now, but is far from over

By contrast, oil cargoes arriving in India from Russia next month could fall as far as 600,000 barrels a day, the weakest level since early 2022

US gives Europe until 2027 to lead Nato Defence capabilities: Report

If European allies don't meet this deadline, the US could stop participating in some of NATO's coordination mechanism, according to the report

EU fines Musk's X €120 mn as clash with US over free speech rules deepens

In doling out the first ever penalty under the Digital Services Act, the European Commission concluded that X's paid-for blue tick symbol misled users

Centre mulls extending coal power expansion for another 12 years

The proposal, currently under discussion between the power ministry and the government's policy making agency NITI Aayog, marks a major shift

US wants stable trade with China instead of conflict, says Jamieson Greer

Greer claimed that the US trade deficit with China was down "about 25 per cent" since President Donald Trump came to office, a move in the "right direction" for a team seeking to balance flow of goods

Govt may seek bids for $7 bn IDBI Bank stake, advancing privatisation push

A government agency is expected to formally open the bidding process as soon as this month, in what could be the biggest state-backed disposal of a bank stake in decades

Apple taps Meta's chief legal officer as general counsel in latest shake-up

The latest reshuffle follows the departure last month of Chief Operating Officer Jeff Williams, long the No 2 to Chief Executive Officer Tim Cook

Japan rebuts China's 2nd letter to UN as spat over Taiwan keeps simmering

The letter follows on from China's second missive to the UN complaining about Japan after Takaichi said last month that a Chinese attack on Taiwan could mean a survival-threatening situation for Japan

India's 12-hour workday pushes the wrong kind of capitalism forward

It's a relief that the four new labour laws that New Delhi has brought in, after delaying them for five years for fear of political backlash, haven't gone that far

Salman Rushdie warns US book bans threaten free expression globally

Rushdie's novel The Satanic Verses was banned in India in 1988 by then-Prime Minister Rajiv Gandhi, prompting the author to publish an open letter in the New York Times in response

Bill Gates warns child deaths may rise after Trump-era funding cuts

More than 200,000 additional children under 5 are expected to die this year, according to modeling in the Gates Foundation's annual Goalkeepers report

Foreign banks chase India's rupee bond market amid weak offshore demand

To compete, lenders including Standard Chartered Plc and Barclays Plc, are looking to widen their onshore offerings to appeal to Indian corporates shifting their borrowing to rupees

Deadly floods across Asia cause $20 bn losses, show growing climate risks

Scientists have pointed to the aggravating impact of climate change on flooding, along with factors including deforestation, failures in flood defences and a lack of disaster resilience funds

Remote retreats, experiences emerge as growth driver for Indian hotels

As throngs of tourist groups crowd popular destinations like Goa, Jaipur and Shimla, travel operators are racing to invest in untouched corners of the country