Tag: deal
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Meta, Anthropic in talks for potential $10 billion compute lease deal, source says
July 17 : Meta Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to $10 billion over two years, according to a source familiar with the matter. Shares of the social media giant pared losses slightly after the news and closed down more than 2 per cent amid…
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Exclusive-Saudi PIF set to win EU nod for Electronic Arts deal under subsidy rules, sources say
BRUSSELS, July 17 : A group of investors including Saudi Arabia’s Public Investment Fund is set to secure European Union approval for its $55 billion acquisition of video game developer Electronic Arts under EU subsidy rules, people familiar with the matter said. Saudi Arabia’s $1 trillion wealth fund, Jared
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Uber nears €12.5bn deal to acquire Delivery Hero, FT reports
July 15 : Uber is set to take over Delivery Hero in a deal valuing the German food delivery company at about €12.5 billion ($14.34 billion), the Financial Times reported on Wednesday.Delivery Hero confirmed it was in advanced negotiations with Uber regarding a potential takeover offer on Tuesday.Here
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India news: Landmark trade deal with UK takes effect
The free trade agreement allows zero-duty market access for nearly 99% of India’s exports to the UK. Meanwhile, US senators have proposed a new bill to impose 100% tariffs on India for buying oil from Russia.
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Villa criticized over Visit Rwanda sponsorship deal
July 15 : Aston Villa’s new sponsorship agreement with Visit Rwanda has drawn criticism from human rights campaigners, with Amnesty International saying the African nation is using the deal to burnish its international image, British media reported on Wednesday.Visit Rwanda and the Premier League club signed
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From Wimbledon towels to Scotch: How India-UK trade deal could change business
The free trade agreement between the world’s fifth and sixth largest economies has come into effect – can it deliver?
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Lyse Doucet: Strait of Hormuz remains the fault line as the Iran and US drift back into war
Control of the waterway has become a key point of contention between the US and Iran, as a ceasefire deal falters.
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Analysis:US state officials fear Paramount-Warner deal will squeeze local movie theaters
July 14 – U.S. states suing to block Paramount’s merger with Warner Bros Discovery argue that the deal could squeeze local movie theaters, which are still struggling to sell as many tickets as they did before the pandemic. “While ticket prices will most likely go up, theaters will be forced to cut back o
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California-led states sue to block Paramount’s $110 billion Warner Bros Discovery deal
NEW YORK/LOS ANGELES, July 13 : California and 11 states sued to block Paramount’s $110 billion acquisition of Warner Bros. Discovery, alleging the deal would create a media behemoth with the power to raise prices in film and television.The lawsuit threatens to derail Paramount CEO David Ellison’s bid to tran
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California, 11 states suing to block Paramount’s $110 billion Warner Bros deal
NEW YORK/LOS ANGELES, July 13 : California and 11 states are suing to block Paramount’s $110 billion acquisition of Warner Bros. Discovery, alleging the deal would lessen competition in film distribution and cable television, harming theaters and TV distributors.The lawsuit is a serious threat to Paramount CE
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