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Netflix updates Warner Bros bid to all-cash offer
Netflix has updated its offer for Warner Bros Discovery’s streaming and film business and will pay completely in cash – as it looks to fend off rival Paramount Skydance in pursuit of the Hollywood studio. The move amends the streaming giant’s original offer, which would have funded the transaction using a mix of cash and…
Fed cuts rate but future easing uncertain
Danielle KayeBusiness reporter Reuters U.S. Federal Reserve Chair Jerome Powell speaks as he holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S., December 10, 2025. The US Federal Reserve has lowered interest rates for the third time this year, even…
Why has British Steel been nationalised?
There are 1,160 businesses in the UK steel industry, directly supporting 40,000 other firms, according to government figures., external Tata Steel at Port Talbot in Wales was once the UK’s largest virgin steel producer but it turned off its blast furnace in September 2024, saying it was losing £1.7m a day. An agreement with the…
School meals to increase by almost 20%
Robbie MeredithEducation and arts correspondent, BBC News NI PA Media Around 210,000 school dinners are eaten every day in Northern Ireland Thousands of families will pay almost 20% more for school dinners for their children, under savings plans announced by the Education Authority (EA). The cost of a school dinner for primary and special school…
Leon will focus on stations and airports to revive fortunes, boss says
Emer MoreauBusiness reporter Getty Images Fast-food chain Leon will open more restaurants in service stations, airports and train stations, after it closes 20 on the High Street, its boss has said. John Vincent said the upcoming rises in business rates along with overall cost increases means the High Street is no longer as profitable. Leon…
