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Warner Bros urges shareholders to reject inferior Paramount offer
Posted onWarner Bros Discovery has told its shareholders to reject an “inferior” updated bid from Paramount Skydance to buy the company. It is the second time in less than a month the Warner Bros board has urged its shareholders to say no to the Paramount offer, after announcing on 5 December that Netflix was buying the…
Free welcome cafe opens in Highworth to help community connect
Posted onA free cafe has been set up in a town to help prevent loneliness by encouraging people to connect with others. The monthly Warm and Welcome Wednesday Cafe in Highworth, Wiltshire, has been set up by the volunteers behind Highworth Community Larder, which redistributes food that would otherwise have been thrown away. The cafe is…
US justice department drops probe into Fed chairman Jerome Powell
Posted onPowell’s term is nearing its end and the US Senate is considering Trump’s nominee for his replacement, Kevin Warsh. A key Republican, Thom Tillis, has withheld his support for Warsh unless the Trump administration would drop its investigation into Powell.
Comac: The Chinese planemaker taking on Boeing and Airbus
Posted on“In the future we welcome all newcomers. We are keen to see more competition. Comac has got its certification process to go through and at some point in the 2030s, we see that it will be an offering that would be attractive to ourselves and other carriers,” Mike Szucs, chief executive of low-cost Philippines carrier…
UK economy growth forecasts lowered from next year
Posted onThe UK economy is now predicted to grow at a slower rate than previously expected from next year, the government’s official forecaster has said. The Office for Budget Responsibility (OBR), which maps out how the economy is set to perform based on the government’s tax and spending policies, increased its growth expectations for this year,…
