The combined company would control a sprawling roster of assets, including CNN, Warner Bros. Pictures and the HBO Max streaming service. LOS ANGELES, California — California and 11 other US states on Monday sued to block Paramount Skydance’s $110-billion takeover of Warner Bros. Discovery, calling the largest merger in Hollywood …
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A Jack Daniel’s logo is displayed in Lynchburg, Tennessee, U.S. February 3, 2025 (Reuters/Kevin Wurm) BROWN-FORMAN CEO and President Lawson Whiting has decided to retire, the company said on Monday, but did not provide a timeline for his departure. Whiting will continue in his role till a successor is appointed, …
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The sign of Japan’s Government Pension Investment Fund (GPIF) is seen at its reception in Tokyo, Japan, November 16, 2018 (Reuters/Toru Hanai) TOKYO — A pivot in Japan’s massive retirement assets would likely manifest as a slow redirection of maturing debt rather than a fire sale that could roil global …
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Oil storage tanks and facilities of a Sinopec plant in Shanghai, China, March 26, 2026 (Reuters/Go Nakamura) BEIJING — China’s Sinopec said it had completed the restructuring of China National Aviation Fuel (CNAF), the country’s dominant jet fuel distributor, according to a company statement on July 10. Sinopec, China’s biggest …
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PARIS, France — Jeep and Fiat owner Stellantis on Monday posted a 10-percent second quarter increase in global vehicle deliveries compared with the same period last year, driven notably by a strong showing in the United States. Between March and June, the multinational group, which comprises 14 brands including Alfa …
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A man walks past a logo of Tata Consultancy Services (TCS) before a press conference announcing the company’s quarterly results in Mumbai, India, January 11, 2024 (Reuters/Francis Mascarenhas) BENGALURU — Tata Consultancy Services (TCS) is building a team of up to 8,900 forward-deployed engineers and hunting for artificial intelligence (AI) …
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Germany has a long history of automotive engineering (THOMAS KIENZLE) FRANKFURT, Germany — Despite a year of searching, previous stints at big automotive suppliers, and sending out about 50 applications, German software engineer Max Peil is still looking for a job. Trained in computer vision, a critical part of autonomous …
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TOKYO — Japan aims to raise the ratio of unlisted shares, real estate, and other alternative investments in the portfolio of the Government Pension Investment Fund (GPIF), the world’s largest pension fund, the Nikkei said on Sunday. Finance Minister Satsuki Katayama, who has been trying to boost the weak yen, …
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The Philippine Stock Exchange index managed to maintain its hold above the 6,200 level last week, making a return to the 6,300 level within reach. It closed at 6,286.70 last Friday, up by 1.59 percent week-on-week (STAR / File) MANILA, Philippines — The local stock market is expected to trade …
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Security Bank serves as sole lender for a 17.4-MW solar project in Hermosa, Bataan, developed by Solana Solar Beta Inc to supply Peninsula Electric Cooperative, marking its first partnership with Climate Fund Managers and Norfund. Security Bank Corp. is acting as the sole lender for a 17.4-megawatt solar power project …
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