Political news and analysis
Toyota Motor Corp. is planning to unwind about ÂĽ3 trillion ($19 billion) of strategic shareholdings in a process that would see financial institutions sell the automakerâs shares, Reuters reported.
Warner Bros. says Paramount Skydanceâs $31-a-share proposal may be superior to Netflixâs $27.75 offer, while keeping talks open with both sides.
The yen led gains among Group-of-10 currencies after Bank of Japan board member Hajime Takata, the most hawkish voice on the panel, renewed calls for further rate increases.
Copper fell as investors waited for demand from industrial users in top buyer China to rebound after the Lunar New Year break.
Emerging markets are shaping up to be one of this yearâs standout trades.
Warner Bros. Discovery Inc. said a new $31-a-share buyout offer from Paramount Skydance Corp. could lead to a better deal than its existing agreement with Netflix Inc., kicking off another potential round of bidding for the famed Hollywood studio. Warner Bros. isnât withdrawing its recommendation that investors support Netflixâs $27.75-a-share agreement to buy the companyâs studio and HBO operations, according to a statement Tuesday. Instead, itâs saying the latest Paramount terms meet the threshold for further talks. Robert Fishman, Senior Research Analyst with MoffettNathanson, details latest twists and turns in the battle of media giants ahead of Paramount's latest earnings. He speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily. (Source: Bloomberg)
Former FC Porto striker Bruno Moraes is confident Terem Moffi will deliver goals, stressing the Nigerian forward needs time to adapt to his new team. Read More: https://punchng.com/porto-legend-backs-moffi-to-deliver/
Explore the shifting landscape of Kano politics as the APC courts former governor Ibrahim Shekarau. Will his move neutralize Kwankwasoâs influence? Read More: https://punchng.com/kanos-new-chessboard-apc-courts-shekarau-as-defections-shake-kwankwasiyya/
Indian banksâ bond holdings have neared the regulatory minimum threshold, prompting some to speed up purchases, with the treasurer at the countryâs second-largest state lender saying higher yields are boosting demand.
The Nigeria Customs Service clarifies its BâOdogwu platform uses official exchange rates transmitted directly by the Central Bank, ensuring accuracy and co Read More: https://punchng.com/bodogwu-platform-doesnt-alter-exchange-rates/
US top diplomat says Tehranâs reluctance to discuss the weapons a âbig problemâ
⢠Seek improved credit flow to real sector amid restrictive interest rate environment ⢠Lament high interest rate canât grow economy, call for productivity-led growth James Emejo in Abuja, Nume
