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AT&T nears deal to create $150bn streaming giant with Discovery
AT&T is nearing a deal to combine its content unit Warner Media with rival Discovery to create a media giant with an enterprise value of $150bn, just a few years after acquiring the owner of CNN, HBO and Warner Bros, said people briefed about the…
Airtel records massive profit in Q1 2021 and 6.9% subscriber growth | Business Insider Africa
Comparing revenue from the first quarter of 2020 to that of this year, Airtel saw a massive increase in profit by 21.7%. However, a constant currency change puts the revenue growth at 15.4%. The telco saw a profit of $1.03 billion, while that of…
On the Scrappy Fringes of French Politics, Marine Le Pen Tries to Rebrand
LA TRINITÉ-SUR-MER, France — It was the setting for a straightforward origin story, or so it seemed. Marine Le Pen, the far-right leader aiming to be France's next president, came to launch her latest campaign in the seaside resort…
India's West Coast Braces for Cyclone Tauktae Amid Virus Woes
Ensure least disruption in oxygen supply from Jamnagar: Modi The “very severe” cyclone is on course to hit Gujarat Tuesday A cyclone is set to hit the western coast of India -- the country's industrialized belt with big refineries and…
Abu Dhabi Shares at Record, Shrug Off Mideast Tension: Inside EM
Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Abu Dhabi's main stock index jumped to a record on Sunday, even amid heightened tensions in the region, as the benchmark's biggest member surged on hopes of…
Geopolitics spells the demise of the global chief executive
The writer is a fellow at the American Enterprise Institute, a think-tank Globalisation has been good for companies in at least one important way: it has allowed businesses to scour the world for talent. Though it would have been a rarity half a…
4 of the worst ways to use AI
Join Transform 2021 this July 12-16. Register fo r the AI event of the year. As the pandemic further accelerates our digital transformation, companies are relying even more on automation and particularly on artificial intelligence. Two-thirds of…
AT&T and Discovery Plus are reportedly in talks to combine assets
AT&T and Discovery Plus are discussing a deal to combine content assets, Bloomberg reported, citing unnamed sources. Combining content assets would give both a better platform to compete against streaming giants like Netflix. Both companies…
India's west coast braces for Cyclone Tauktae amid Covid-19
NEW DELHI (BLOOMBERG) - A cyclone is set to hit the western coast of India - the country's industrialised belt with big refineries and ports - on Tuesday morning (May 18), prompting authorities already grappling with a deadly second virus wave to…
Xinjiang at the Bundestag, Moon meets Biden, Sea results
The week will bring quarterly results from several big mainland Chinese companies, as well as another rocket launch to build China's Tiangong space station. Thursday's rocket will deliver the second of the space station's three modules. Thailand…
How EVs Could Transform the Streets of Africa
The electric-car revolution is reaching the streets of Africa. A handful of startups in several countries are building small electric-vehicle fleets of light carriers and motorcycles—vehicles well suited for the continent's challenging…
Weekend Read: Foreign investors flee Myanmar as regime strengthens grip
Businesses have continued to bow out of Myanmar after the bloody coup has killed more than 750 people and seen over 5,000 arrested for protesting the military's forced reign. Companies began to flee Myanmar in March, like Japanese beverage group…
GB News backer Discovery in talks to merge with AT&T's media assets
American broadcaster Discovery, one of the backers of Andrew Neil's GB News network, is in talks to merge its media assets with those owned by AT&T. Enjoy unlimited access to all articles Get unlimited access for free for your first month Cancel…
Didn't tolerate fudge; pro, anti, in between, Sunil Jain said it like it is
Sunil Jain, managing editor, The Financial Express, who passed away Saturday night, was a journalist par excellence. A true professional and honest to the core, Sunil combined the journalist's instinct for news with a researcher's penchant for…
Cyclone Tauktae updates: Heavy rains continue in Kerala, parts of Maharashtra
The IMD on Saturday night said the cyclonic storm Tauktae, the first to hit the Indian Coast this year, has intensified into a 'severe cyclonic storm' and is heading towards the coast of Gujarat and the Union Territory of Daman and Diu and Dadra…
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