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By Dawn Chmielewski LOS ANGELES (Reuters) -Veteran media executive Edgar Bronfman sweetened his offer to $6 billion for National Amusements and a minority stake in Paramount Global, according to a person familiar with the matter. He had previously offered $4.3 billion, according to Reuters sources. Shares of Paramount rose more…
By Giulio Piovaccari, Gilles Guillaume and Nora Eckert DETROIT (Reuters) – Stellantis (NYSE:) CEO Carlos Tavares will visit Detroit this week, where he will seek to develop a strategy to fix the European automaker’s struggling North American operations and reassure employees and investors, a person familiar with the plans said.…
By Aditya Kalra NEW DELHI (Reuters) – Spirits group Diageo (LON:)’s Indian unit has submitted financial documents sought by New Delhi anti-corruption police in an investigation related to billing and discount practices involving city agencies, a source familiar with the matter said. Hina Nagarajan, the CEO of Diageo’s Indian unit,…
By David Shepardson WASHINGTON (Reuters) -Boeing is in talks with the U.S. Defense Department over how the planemaker’s planned guilty plea could affect its extensive government contracts, a person briefed on the matter said. Late on Sunday, the Justice Department said in a court filing that Boeing (NYSE:) had agreed…
By Emma Rumney LONDON (Reuters) -Leading European cognac producers will attend a hearing on China’s anti-dumping probe of the industry in Beijing on July 18 – their first chance to defend themselves in person since the investigation began earlier this year, an industry source said. Companies behind major brands Martell,…
By Jeffrey Dastin SAN FRANCISCO (Reuters) – The startup behind You.com is raising $50 million in fresh capital, a person familiar with the effort said, as it seeks a foothold in the growing market for assistants with artificial intelligence. The near-finished Series B funding would value the four-year-old company behind…
By Mike Spector New York (Reuters) -Boeing executives are unlikely to be criminally charged over fatal crashes in 2018 and 2019 that killed 346 people as the statute of limitations has likely passed, U.S. Justice Department officials told victims’ family members in a meeting. Details were corroborated by a person…
By David Shepardson and Allison Lampert (Reuters) -Boeing’s plane deliveries to China have been delayed in recent weeks due to a Chinese regulatory review of batteries related to the cockpit voice recorder, a source familiar with the matter told Reuters. The U.S. planemaker said in a statement it is working…
By Tom Balmforth and Olena Harmash KYIV (Reuters) – Ukraine attacked eight Russian regions with dozens of long-range strike drones early on Saturday, setting ablaze a fuel depot and hitting three power substations, an intelligence source in Kyiv told Reuters. The overnight attack, which was confirmed by the defence ministry…
By Dawn Chmielewski (Reuters) -Members of Paramount Global’s board agreed on Wednesday to enter into exclusive merger talks with Skydance Media, favoring the independent studio over a $26 billion offer from Apollo Global Management (NYSE:), a person familiar with the matter said. The deal talks, which are more advanced than the…
