By Harshita Mary Varghese, Aditya Soni and Dawn Chmielewski Dec 8 (Reuters) – Paramount Skydance on Monday launched a hostile bid worth $108.4 billion for Warner Bros Discovery, in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the dominance of the streaming giant. Netflix had emerged victorious on Friday…
By Elisa Anzolin and Gianluca Lo Nostro MILAN, Dec 9 (Reuters) – EssilorLuxottica is betting big on smart eyewear and the gamble is about to be tested. Its Ray-Ban Meta glasses, powered by artificial intelligence, have delivered their first meaningful revenue boost this year, but analysts warn that privacy concerns and a wave of new…
By Marta Nogueira RIO DE JANEIRO, Dec 7 (Reuters) – Senator Flavio Bolsonaro, the eldest son of former President Jair Bolsonaro, said on Sunday he may not run for president in next year’s general election. His stance marks a reversal from an announcement on Friday, when the younger Bolsonaro said his father had chosen him…
By Marta Nogueira RIO DE JANEIRO, Dec 7 (Reuters) – Senator Flavio Bolsonaro, the eldest son of former President Jair Bolsonaro, said on Sunday he may not run for president in next year’s general election. His stance marks a reversal from an announcement on Friday, when the younger Bolsonaro said his father had chosen him…
By Marc Jones LONDON, Dec 8 (Reuters) – The combination of gold and share prices soaring in unison is a phenomenon not seen in at least half a century and raises questions of a potential bubble in both, global central bank umbrella body, the Bank for International Settlements, says. While equity markets continue to be…
By Sarupya Ganguly BENGALURU, Dec 3 (Reuters) – FX strategists largely stuck to forecasts for a weaker U.S. dollar over the coming year on Federal Reserve rate cut bets but a sizeable minority have now broken away from the consensus, predicting it would strengthen instead, a Reuters survey showed. The greenback, down roughly 9% for…
By James Pomfret HONG KONG, Dec 6 (Reuters) – China’s national security office in Hong Kong warned foreign media on Saturday not to spread “false information” or “smear” government efforts to deal with the city’s worst fire in nearly 80 years. Ahead of a legislative council election on Sunday in the global financial hub, the…
By Laura Garcia TEGUCIGALPA, Dec 6 (Reuters) – In Honduras, Nasry Asfura, the conservative presidential candidate backed by U.S. President Donald Trump, maintained a razor-thin lead on Saturday as counting stretched into its seventh day and the race remains too close to call. With 88% of ballots tallied, Asfura of the National Party had 40.19%,…
By Simon Lewis WASHINGTON, Dec 3 (Reuters) – Rwanda’s foreign minister said on Wednesday he hoped an accord set to be signed by U.S. President Donald Trump and the presidents of Rwanda and Democratic Republic of Congo on Thursday would be a step toward peace, even after accusing Congo’s army of violating earlier peace deals…
By Laura Garcia TEGUCIGALPA, Dec 4 (Reuters) – Former Honduran President Juan Orlando Hernandez will not immediately return to the Central American country after leaving this week the U.S. prison where he was serving a sentence for drug trafficking, his wife told Reuters, citing security reasons for the decision. On Monday, Hernandez left Hazelton prison…
