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Legoland Shanghai: China bets on Western theme parks to lift spending
Posted onOsmond Chia Business reporter, BBC News Getty Images Tourists flocked to China’s first Legoland theme park as it opened in Shanghai earlier this month, marking another step in the country’s efforts to establish itself as a global travel destination. It is the latest amusement park to be launched in China by a Western brand. Warner…
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…
Jaguar Land Rover shutdown extended again after cyber attack
Posted onTheo Leggettbusiness correspondent and Emer Moreaubusiness reporter Getty Images JLR will not resume production until 1 October Jaguar Land Rover (JLR) has confirmed that production in its factories will remain suspended until next month at the earliest. The business secretary and industry minister are visiting the West Midlands on Tuesday for the first time since…
