deals

By Dawn Chmielewski and Harshita Mary Varghese (Reuters) – Warner Bros Discovery (NASDAQ:) CEO David Zaslav anticipates a friendlier environment for deal-making under the incoming Trump administration, opening the door to industry consolidation, he said on Thursday. “That would provide real positive and accelerated impact on this industry that’s needed,”…

By Ernest Scheyder (Reuters) – Freeport-McMoRan (NYSE:) is turbo-charging its output across three continents with no plans to join a buyout frenzy sweeping the mining industry, a strategy that analysts say positions the company well to capitalize on the clean energy transition’s rising demand for the red metal. Used widely…

By Gibran Naiyyar Peshimam and Ariba Shahid KARACHI (Reuters) – Pakistan is renegotiating contracts with independent power producers to rein in “unsustainable” electricity tariffs, the head of the power ministry said, as households and businesses buckle under soaring energy costs. Rising power tariffs have stirred social unrest and shuttered industries…

By Joanna Plucinska and Jon Nazca LONDON/MALAGA, Spain (Reuters) – Sun seekers are turning to package holidays in Europe as soaring hotel and flight prices revive demand for the all-inclusive deals that had fallen from favour, bolstering the balance sheets of some travel companies. The combination of a cost-of-living crisis…