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Netflix updates Warner Bros bid to all-cash offer
Posted onNetflix 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…
The real impact of roadworks – and why theyre set to get worse
Posted onAlex ForsythPolitical correspondent BBC A few weeks ago, I was driving along the M6 late at night, towards the West Midlands, when I came across the orange flashing lights and miles of cones that signify road works. Two lanes were closed and the overhead gantry warned of a 50mph speed limit on the near-empty motorway….
Rachel Reeves backs off from plans to raise income tax rates in Budget
Posted onChris Mason,Political editor and Kate Whannel,Political reporter House of Commons Chancellor Rachel Reeves has decided against raising income tax rates at the Budget later this month. In recent weeks, Reeves had given strong indications she would increase the tax – a move that would have broken Labour’s election manifesto promise not to raise “the basic,…
Its amazing – the wonder material very few can make
Posted onChris BaraniukTechnology Reporter Kromek Very few organisations can supply cadmium zinc telluride Lying on your back in a big hospital scanner, as still as you can, with your arms above your head – for 45 minutes. It doesn’t sound much fun. That’s what patients at Royal Brompton Hospital in London had to do during certain…
Oil briefly falls below $100 and shares jump on Trump Iran war pledge
Posted onOil prices have surged as much as 64% in March – when they reached nearly $120 a barrel – in the biggest monthly gain since 1990 when Iraq’s invasion of Kuwait took both countries’ oil off the market, resulting in an energy supply shock, said Nicolas Daher from the Economist Intelligence Unit.
Trump temporarily blocked from firing Fed governor Lisa Cook
Posted onA federal judge has temporarily blocked President Donald Trump from sacking Federal Reserve governor Lisa Cook, who is part of the board responsible for setting US interest rates. The ruling is a win for the central bank in an unprecedented legal battle with the White House over the independence of the Fed. Last month, Trump…
