Trump’s tariffs were intended to bring manufacturing back to the United States, but the case of a $5,000 bicycle shows how the levies are undermining that goal.
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Bloomberg NewsOriginal★★☆☆☆2026-09-23 07:30
At the 2026 World New Energy Vehicle Congress, a Chinese industry official said NEVs now make up more than 25% of global vehicle sales. China recorded NEV production and sales above 10 million units in the first eight months of 2026. Experts described China as a core engine of global NEV expansion, while noting uneven regional adoption and deeper cooperation with Germany and Southeast Asia.
C
CGTNOriginal★★★★☆2026-09-23 07:11
Large numbers of Chinese-made new energy vehicles are heading to Europe.
C
China News ServiceOriginal★★☆☆☆2026-09-23 07:04
Russia’s Transport Ministry, Industry and Trade Ministry, and Rostec are considering a fee on airline passengers to subsidize leasing and operating Russian-made aircraft. The amount has not been set; sources cited possible charges of up to 500–700 rubles for domestic tickets and 1,000–2,000 rubles for international ones. A government source said no final decisions have been made.
MMeduzaOriginal★★★☆☆2026-09-23 07:04
Online brokerages and digital banks that once promoted “zero-branch, fully online” models have recently been opening physical outlets in Hong Kong. Analysts view the move as a strategic effort to improve branding and service quality while gaining market share, but say its effect on the city’s retail property market will be limited. Futu Securities International (Hong Kong) has opened a new global headquarters at Pacific Place.
S
South China Morning PostOriginal★★☆☆☆2026-09-23 07:00
CATL says it has begun producing battery cells at its €7.3 billion factory in Debrecen, Hungary, after clearing regulatory requirements and meeting all conditions for a trial run. Analysts expect the plant to help the world’s largest EV battery maker expand its reach among international brands including BMW and Volkswagen.
SSouth China Morning PostOriginal★★☆☆☆2026-09-23 06:00
US President Donald Trump and Chinese President Xi Jinping are set to meet in Washington, with attention focused on what the talks may produce.
TTRT WorldOriginal★★★☆☆2026-09-23 05:47
Donald Trump’s summit with China’s Xi Jinping will draw a strong group of US corporate leaders, but China will not send a comparable delegation of executives, raising questions about the prospects for reaching new deals.
General Motors CEO Mary Barra is expected to attend President Donald Trump’s Thursday state dinner at the White House for Chinese President Xi Jinping, according to two sources familiar with the matter. U.S. automakers are warning against allowing Chinese manufacturers into the market, while Trump signals he may be open to it.
Senate Armed Services Chairman Roger Wicker sharply criticized Donald Trump’s planned treatment of Chinese President Xi Jinping during his visit to Washington this week. The rebuke marks a significant public break by a key member of Trump’s own party just before a high-stakes summit.
China’s ambassador to the United States warned on Wednesday that Beijing has “red lines” on Taiwan, human rights and other issues that must not be crossed, ahead of this week’s meeting between the two countries’ leaders in Washington.
Xi Jinping is expected to visit Washington from September 23 to 25 for his second meeting this year with Donald Trump. Experts anticipate an extension of the trade truce but little substantive progress on disputes including rare earths, AI regulation, technology exports, arms sales to Taiwan and Iran. The two sides are seeking stability, not reconciliation, amid deep mistrust.
Chinese President Xi Jinping begins his first state visit to the United States in 11 years on September 23, with talks with President Donald Trump expected to center on stabilizing bilateral ties. The agenda includes fentanyl precursors, expiring mutual moratoriums, rare earths, tariffs, China’s access to advanced AI chips, and US arms supplies to Taiwan. The leaders are also expected to discuss Ukraine, US-Iran tensions, Hormuz shipping, sanctions and militarization of space.
Chinese President Xi Jinping is due in Washington on Sept. 23 for a closely watched one-day summit with President Donald Trump the next day. The leaders of the world’s two largest economies are expected to seek warmer personal ties and common ground on trade, artificial intelligence, the Iran war and Taiwan’s future.
As Xi Jinping prepares for a state visit to the United States from September 23 to 25, experts say competition and cooperation will coexist as a normal feature of China-US ties. They identify room for practical cooperation in global governance, law enforcement, AI, trade, climate change and people-to-people exchanges, while urging safeguards around competition and greater youth contact to build trust.
CGTN’s Mike Walter revisits 13 years spent covering diplomacy between the United States and China while Xi Jinping and Donald Trump ready themselves for another high-stakes encounter.
The billionaire family behind H&M is quietly increasing its stake in the fast-fashion retailer, prompting speculation that it could take the company private. CEO Daniel Erver’s turnaround plan has so far failed to significantly lift the shares or sales.
R
ReutersOriginal★★☆☆☆2026-09-23 05:45
Wayne Cole looks ahead to the day in European and global markets, with artificial intelligence taking center stage while the Australian dollar plays a minor role.
RReutersOriginal★★☆☆☆2026-09-23 05:00
As pressure mounts to deliver on a $350bn investment deal, Seoul plans to fund a $22bn power plant in Texas.
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Financial TimesOriginal★★★☆☆2026-09-23 04:28
Billionaire financier Todd Boehly has secured backing from US and Gulf power brokers to bid for the international assets of Russia’s Lukoil.
FFinancial TimesOriginal★★☆☆☆2026-09-23 04:00
Billionaire Todd Boehly has won support from the US government and Gulf power brokers linked to the Trump family for his bid to acquire the international assets of Russian oil giant Lukoil, the Financial Times reported on Tuesday.
The District of Squamish has turned down a negotiated 10-year tax settlement that would have brought $142 million from Woodfibre LNG to the community in the Sea-to-Sky region.
CCBC NewsOriginal★★☆☆☆2026-09-23 03:53
Sky News said on Tuesday that Joanne Wilson is expected to move from WPP, Britain’s largest advertising group, into the top finance role at Diageo, the maker of Guinness.
RReutersOriginal★★☆☆☆2026-09-23 02:50
Shares of major banks, insurers and online travel agencies fell Tuesday as investors worried that personal AI agents such as Meta Platforms Inc.’s Muse could disrupt businesses benefiting from “consumer inertia” — the habit of continuing to buy something even when a better alternative is available.
BBloomberg NewsOriginal★★☆☆☆2026-09-23 02:01
The Commodity Futures Trading Commission issued an advisory warning about the distinct dangers of markets tied to individuals’ behavior, including the risk of cheating.
C
CoinDeskOriginal★★☆☆☆2026-09-23 00:00
The CFTC is warning that prediction-market bets on whether someone will mention specific words carry heightened risks of manipulation.
The U.S.-initiated trade war with China and most other global trading partners has eased since President Donald Trump imposed his so-called “liberation day” tariffs in April 2025. U.S. imports from China rose for a fifth consecutive month in August, but tensions persist, particularly in key technology industries.
CCGTNOriginal★★★☆☆2026-09-22 22:49
Spain plans to ban imports of Russian liquefied natural gas from January 1, 2027, Foreign Minister Jose Manuel Albares said, despite long-term supply contracts held by Spanish companies. He said Madrid would follow the European Union’s new sanctions and could help other European countries obtain LNG from reliable partners such as the United States.
T
TASSOriginal★★★★☆2026-09-22 22:40
Private equity firms are holding onto assets for longer, disrupting the traditional buyout model. They increasingly resemble the Hotel California: assets check in, but almost never leave.
BBloomberg NewsOriginal★★☆☆☆2026-09-22 22:00
CFTC Chairman Selig says markets need to prepare for “mass tokenization” as the Trump administration works on an overhaul of financial markets and tokenization and 24/7 trading gain prominence.
TThe BlockOriginal★★★☆☆2026-09-22 21:08
Paramount has cleared the final hurdle in its year-long effort to take over Warner Bros. Discovery. The difficult work now turns to carrying out its plans for Hollywood.
C
CNNOriginal★★★☆☆2026-09-22 21:00
October Prime Day is still a few weeks away, but expert-vetted discounts on skin care, hair care, makeup and beauty tools are already available for shoppers who want to buy early.
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NBC NewsOriginal★☆☆☆☆2026-09-22 20:48
Editor-vetted Amazon deals under $50 feature products from Medicube, Casper and other brands, with prices and discount quality checked throughout the sale.
A consortium backed by the US government and Gulf billionaires is seeking to defeat Carlyle in a bid for Lukoil’s assets. Carlyle struck a deal in January to buy the Russian group’s international business.
FFinancial TimesOriginal★★★★☆2026-09-22 20:00
Royal Caribbean is nearing a roughly $3 billion deal to acquire a 50% equity stake in Sandals. The cruise company has been seeking to diversify beyond cruises and become a leader across the broader vacation market.
C
CNBCOriginal★★☆☆☆2026-09-22 19:33
Digital asset venture Animoca Brands and Nasdaq-listed Currenc Group have paused merger talks after failing to agree on definitive terms within the expected timetable. The move gives Currenc more flexibility to seek financing, while both companies retain the option of restarting discussions. Animoca is separately continuing work toward a future public listing.
C
CryptoSlateOriginal★★☆☆☆2026-09-22 19:20
Peloton is preparing to launch its least expensive treadmill so far, betting that running’s growing popularity will help lift sales.
CCNNOriginal★★☆☆☆2026-09-22 19:00
Russia’s banking sector posted 440 billion rubles ($5.22 billion) in net profit in August, down 0.7% from July, the Bank of Russia said. Corporate funds rose 1.9% to 66.9 trillion rubles, while household funds fell 0.2% to 68.5 trillion rubles, possibly reflecting vacation spending and back-to-school preparations.
TTASSOriginal★★★☆☆2026-09-22 18:06
Russia’s non-resource, non-energy exports grew 8% in the first seven months of the year, First Deputy Prime Minister Denis Manturov said. Industry and Trade Minister Anton Alikhanov said the exports exceeded 96 billion rubles ($1.14 billion), including 15.9 billion rubles from small and medium-sized businesses.
TTASSOriginal★★★☆☆2026-09-22 17:20
Trump disclosed more than 1,100 trades from July, including sales of technology stocks such as Amazon and Microsoft when the Magnificent Seven stocks surged on July 20 and added $291 billion in market value in a single day. The sales were worth as much as $25 million.
CCNBCOriginal★★★☆☆2026-09-22 17:10
Leaders of nine major European pharmaceutical companies, including AstraZeneca, GSK and Novo Nordisk, have urged European governments to act as the continent falls behind the US and China in developing new medicines and attracting investment. They called for medicines to be treated as strategic infrastructure to restore competitiveness and protect health sovereignty.
TThe GuardianOriginal★★★★☆2026-09-22 15:04
The franchise business running 314 Wendy’s restaurants in the United States turned to bankruptcy protection after the chain tried to end its franchise relationship.
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The Associated PressOriginal★★☆☆☆2026-09-22 15:00
Gazprom said its Russian domestic sales of LNG for vehicle fueling and off-grid gas supply rose 24.9% in 2025 to 57,100 metric tons. The second phase of a small-scale LNG complex in the Amur Region is nearing completion; its commissioning will double capacity to 25,200 metric tons annually to meet regional demand.
TTASSOriginal★★☆☆☆2026-09-22 14:57
Germany’s automotive industry is under pressure from weaker domestic demand, tougher foreign competition, new tariffs and longstanding structural problems including an aging workforce. European sales fell from nearly 18 million vehicles in 2019 to about 13 million in 2025, while Volkswagen Group is considering closing four German factories.
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Ars TechnicaOriginal★★★★☆2026-09-22 14:40
Mercedes-Benz says its German production is not competitive by international standards, particularly because of high labor costs. A senior executive had warned workers that two plants could close.
RReutersOriginal★★★☆☆2026-09-22 13:25
Advisers to Argentine President Javier Milei have told the Trump administration that they lack enough support in Congress to ratify the bilateral trade agreement signed last February, according to people familiar with the matter. Argentina is seeking more favorable terms.
BBloomberg NewsOriginal★★★☆☆2026-09-22 13:00
Binance is investing $100 million in Circle while expanding its USDC partnership. Under a five-year arrangement, the exchange will promote USDC on its platform.
TThe BlockOriginal★★☆☆☆2026-09-22 12:53
Circle sold 1.24 million shares at $80.84 apiece in a transaction giving Binance a stake worth about $100 million. Circle will also pay Binance a monthly fee linked to the amount of USDC held through its wallet infrastructure.
BMW CEO Milan Nedeljkovic said low-cost Chinese car imports threaten Europe’s auto industry. He told FAZ that voluntary pricing agreements would be preferable to tariffs as a response.
RReutersOriginal★★☆☆☆2026-09-22 12:50
Goldman Sachs has appointed Simon Lyons as co-head of its UK investment banking business, a spokesperson for the U.S. bank said. Lyons will join as a partner and work alongside co-head Nimesh Khiroya.
RReutersOriginal★★☆☆☆2026-09-22 12:40
CoinDesk found that a single $5,499 trade size represented 57% of sampled ether-perpetual volume. Repeated $2,500 and $5,000 trades accounted for 54% of sampled bitcoin-perpetual volume.
CCoinDeskOriginal★★☆☆☆2026-09-22 12:32
Billionaire Jim Ratcliffe’s Ineos said on Tuesday it would suspend operations at three chemical plants in Hull, UK, saying high European gas prices had made production too costly.
RReutersOriginal★★☆☆☆2026-09-22 12:30
China’s industrial transformation is pushing European companies out of global markets, especially in machinery and transport equipment, with German firms among those suffering the biggest losses, the European Central Bank said Tuesday.
RReutersOriginal★★★★☆2026-09-22 12:15
China supports investment by its automakers in Europe, Commerce Minister Wang Wentao said, urging dialogue and consultation to resolve auto-sector issues through a mutually acceptable and constructive solution.
RReutersOriginal★★★★☆2026-09-22 12:00
Coinbase is giving eligible US customers a chance to request Oura IPO shares at the offering price before public trading starts. Oura plans to sell 50 million shares at $40 to $44 each, valuing the deal at up to $2.2 billion. Allocations are not guaranteed, and selling within 30 days may temporarily limit access to future offerings.
CCryptoSlateOriginal★★☆☆☆2026-09-22 11:30
US Treasury Secretary Scott Bessent says Iranian airlines could be effectively shut out of international operations from Wednesday, with companies warned not to provide fuel, landing services or ticket sales. Analysts say the sweeping sanctions could further harm millions of Iranians, while the country’s aviation sector is already badly weakened by years of restrictions.
AAl JazeeraOriginal★★★★☆2026-09-22 11:19
Oil prices rose Tuesday as concerns grew over escalating Iran-U.S. tensions. Treasury Secretary Scott Bessent told CNBC that all Iranian airlines would be shut down starting Wednesday.
Online sales growth at Polish fashion retailer LPP’s budget brand Sinsay has accelerated since the second quarter ended in July, its finance chief told Reuters. The trend is the clearest sign yet that the EU’s new duty on small parcels is drawing shoppers back from Chinese platforms.
RReutersOriginal★★☆☆☆2026-09-22 11:15
Novo Nordisk, the company behind Ozempic, is looking to enter or expand its presence in the hair-loss market.
BBloomberg NewsOriginal★★☆☆☆2026-09-22 11:05
Türkiye and the United States have deepened nuclear cooperation through a deal on a next-generation reactor. Energy Minister Alparslan Bayraktar attended the signing ceremony in New York alongside TUNAS chief Necati Yamac and USTDA’s Thomas Hardy.
TTRT WorldOriginal★★★☆☆2026-09-22 10:01
Volkswagen’s top executive in China, Ralf Brandstaetter, said on Tuesday that the country’s passenger car market is expected to shrink by about 20% in 2026.
RReutersOriginal★★★☆☆2026-09-22 10:00
Foreign investors continue to build their presence in Hong Kong’s commercial real estate market. An Amazon unit and Singapore-based Shorea Capital are among the latest buyers; Colliers said Shorea won the tender for The Pemberton, a mixed office and retail property in Sheung Wan, for an undisclosed sum, highlighting sustained demand from Southeast Asian investors.
SSouth China Morning PostOriginal★★☆☆☆2026-09-22 10:00
Twelve states and Hollywood writers who challenged Paramount’s purchase of Warner Bros. Discovery agreed Monday to settle their lawsuits, effectively clearing the way for the $81 billion mega-merger to be completed. The company made some new commitments as part of the settlement.
FFrance 24Original★★★★☆2026-09-22 10:00
Provisional ELSTAT data show that arrivals in Greece rose 2.5% and overnight stays increased 2% in July 2026. Foreign visitors accounted for more than 80% of arrivals and nearly 88% of nights.
EeuronewsOriginal★★☆☆☆2026-09-22 09:58
The EU has sealed a trade deal with the Philippines as it seeks to diversify away from China and the United States. Trade Commissioner Maroš Šefčovič said the agreement would open a market of 113 million consumers to EU businesses and strengthen the bloc’s regional trade strategy.
EeuronewsOriginal★★★★☆2026-09-22 09:54
The European Union and the Philippines agreed on a free-trade deal as they seek to diversify supply chains amid higher US tariffs and heightened global trade tensions.
Animoca Brands has delayed its IPO plans and suspended merger discussions with Currency.com. The talks began late last year, with an initial plan for Animoca Brands to own 95% of the combined company.
CCoinDeskOriginal★★☆☆☆2026-09-22 09:47
U.S. Treasury yields eased as investors awaited new jobs data and comments from the Federal Reserve. Economic indicators, the Iran war and upcoming United Nations meetings are in focus.
CCNBCOriginal★★☆☆☆2026-09-22 09:16
A new report says Europe’s approach to its struggling car industry could add €2,100 to electric vehicle prices. It argues that the strategy shields established manufacturers at consumers’ and taxpayers’ expense instead of helping them compete.
EeuronewsOriginal★★☆☆☆2026-09-22 09:12
Novo Nordisk CEO Mike Doustdar told CNBC that the company is considering merger and acquisition opportunities to reinforce its drug pipeline as competition in the weight-loss market intensifies.
CCNBCOriginal★★☆☆☆2026-09-22 09:00
The Mumbai residential transaction reached 7.11 billion rupees ($74.3 million), the highest known sum paid for a home in India. Angel One founder Dinesh Thakkar was the buyer of the eight-level waterfront tower.
BBloomberg NewsOriginal★★☆☆☆2026-09-22 08:02
Volkswagen plans to accelerate its ongoing cost-cutting program, its passenger-car brand chief Thomas Schäfer said as automotive workers protested across Germany to demand job protection. Israel’s ambassador to Germany, Ron Prosor, called the Left Party’s win in Berlin’s state election a “direct existential danger” to the city’s Jewish community.
DDWOriginal★★★☆☆2026-09-22 07:51
Younger business heirs in India are increasingly cashing out of dynastic enterprises and investing elsewhere, breaking from the traditional path of remaining in family-owned businesses.
BBloomberg NewsOriginal★★☆☆☆2026-09-22 07:37
Glitzy runway presentations by the world’s biggest fashion brands in Milan and Paris conceal a troubling reality for luxury executives: the slowdown appears to be worsening as war continues to rage in the Middle East.
RReutersOriginal★★☆☆☆2026-09-22 07:35
British engineering firm Smiths Group reported full-year operating profit above expectations on Tuesday and began a process to sell its US asbestos liability. The 175-year-old company said its sweeping portfolio overhaul generated more than £3 billion ($4.01 billion).
RReutersOriginal★★☆☆☆2026-09-22 06:45
A US battery startup has opened its first factory in China after abandoning plans to build it in Kentucky. The move highlights the limits of President Donald Trump’s push to bring manufacturing home as he hosts Chinese President Xi Jinping for a summit.
RReutersOriginal★★★☆☆2026-09-22 06:40
Hisense Group Holdings’ optical communications unit made a strong Hong Kong debut after raising HK$5.6 billion (US$714 million). Shares of fibre-optic equipment maker Ligent Technologies climbed as much as 19.2 per cent on Tuesday morning, taking its valuation above HK$35 billion and adding momentum to mainland conglomerates’ push to spin off businesses for overseas capital and technology expansion.
SSouth China Morning PostOriginal★★☆☆☆2026-09-22 06:33
Russia’s Ministry of Natural Resources and Environment forecasts 23 million tons of oil and 53 billion cubic meters of gas from the country’s continental shelf in 2026. It expects production to remain at those levels in 2027. Russia has 75 offshore oil and gas fields, 20 of which are already producing.
TTASSOriginal★★★☆☆2026-09-22 05:29
China’s high-tech industry sales revenue rose 15.7% year on year from January to August 2026, while high-tech manufacturing grew 18.9%, the State Taxation Administration said. AI-related integrated circuit manufacturing and intelligent vehicle equipment posted increases of 67.7% and 38.8%. Officials said tax policies would continue supporting businesses and new growth drivers.
CCGTNOriginal★★★☆☆2026-09-22 04:53
A gas and power crisis has disrupted production at most Bangladeshi garment makers. But 4A Yarn Dyeing, which supplies Walmart, Gap and Next, is still operating without interruption for now, with workers stitching hoodies and adding brand logos.
RReutersOriginal★★☆☆☆2026-09-22 04:10
Donald Trump says the US is pursuing a “massive” deal to buy potash from Belarus at prices far below those paid to Canada. The move comes as Washington’s trade dispute with its main potash supplier intensifies and signals a willingness to engage Minsk despite its repression and support for Russia’s invasion of Ukraine. Exiled opposition leader Sviatlana Tsikhanouskaya called any deal with Alexander Lukashenko “very risky.”
TThe GuardianOriginal★★★★☆2026-09-22 04:00
President Donald Trump said the US is working with Belarus to obtain additional potash supplies as a trade dispute with Canada continues. Canada is a major supplier of the fertilizer ingredient.
U.S. President Donald Trump said Monday that Washington is working on an agreement to purchase potash from Belarus at a lower price than the U.S. currently pays Canada.
President Donald Trump said Washington is working on an agreement to buy potash from Belarus at a price below what the United States currently pays Canada.
Donald Trump says the U.S. is pursuing a large deal to buy Belarusian potash at prices below those paid to Canada. Belarusian President Alexander Lukashenko says the country lacks spare volume because its output is already contracted. Canada supplies nearly 80% of U.S. potash imports, while sanctions still limit Belarus’s access to Western markets.
President Donald Trump said the United States is working on a major agreement to buy potash from Belarus, calling it more advantageous than purchasing the fertilizer from Canada. The announcement comes amid an apparent thaw in U.S.-Belarusian relations and worsening economic ties between Washington and Ottawa.
The US president says fertiliser from Lukashenko’s Russia-aligned regime will be much cheaper than Canadian supplies, marking the latest sign of warmer ties between Washington and Minsk.
Investment funds in Spain are increasing their bets on major property deals in 2026. A lack of transparency around property ownership makes it difficult to track the share held by large landlords and new market players or obtain a real-time view of the market.
EeuronewsOriginal★★☆☆☆2026-09-22 04:00
New investment funds emerging in Spain rank among the biggest property deals of 2026. A lack of transparency over property ownership makes it difficult to track how much large landlords hold, who is entering the market and what the business looks like in real time.
Bank of America’s credit traders are feeling the consequences of the firm’s decision to pass on some of the hottest artificial-intelligence deals to reach the market.
BBloomberg NewsOriginal★★☆☆☆2026-09-22 03:47
Animoca Brands has suspended a merger deal that would have taken the company public. Chairman Yat Siu said corporate agility must take precedence over pursuing the merger with Currenc.
TThe BlockOriginal★★☆☆☆2026-09-22 02:46
Asian markets rose on Tuesday as technology shares rallied and lower oil prices improved sentiment. Investors were hoping for US-Iran talks, while the dollar strengthened on bets that further rate hikes would be needed to contain inflation.
RReutersOriginal★★☆☆☆2026-09-22 02:40
Xianning in Hubei plans to build a 10-billion-yuan modern service industry cluster in Xian’an District by 2030. Its 4.8-square-kilometer demonstration zone now has five specialized markets with more than 1,400 merchants, while investment in five logistics parks is expected to exceed 2 billion yuan in 2026-2027.
CChina News ServiceOriginal★★☆☆☆2026-09-22 02:30
Tesla recently established a subsidiary in Vietnam, taking a step toward a possible entry into the fast-growing electric vehicle market. The market is currently dominated by homegrown rival VinFast.
CCNBCOriginal★★☆☆☆2026-09-22 02:22
South Korea’s government is expected to brief lawmakers on Tuesday on a $350 billion investment package in the United States. The briefing is a key step as Seoul and Washington work to finalize implementation of a trade deal that reduced US tariffs on South Korean goods to 15%, amid concerns about the package’s profitability.
RReutersOriginal★★★☆☆2026-09-22 01:40
Paramount has settled with several US states, removing an obstacle to its takeover of Warner Bros. Discovery. Officials said Monday that the deal would create a Hollywood empire spanning television, news and cinema.
FFrance 24Original★★★☆☆2026-09-21 23:07
Paramount has settled with California and 11 other states, removing a major legal obstacle to its $110 billion takeover of Warner Bros. Discovery. The agreement includes commitments on film production, jobs and editorial independence at CNN and CBS News.
Paramount Skydance has settled litigation with more than a dozen US states and the Writers Guild of America over efforts to block its Warner Bros. acquisition. California’s attorney general said the agreement addressed competition and protection concerns but did not amount to endorsing the deal.
Paramount Skydance agreed to sweeping terms to settle a lawsuit filed by attorneys general from 12 states. The officials had opposed the company’s $110 billion acquisition of rival Warner Bros. Discovery.
Paramount Skydance has settled lawsuits filed by 12 state attorneys general, clearing the way for it to complete its historic $110 billion acquisition of Warner Bros. Discovery.
Paramount has reached a settlement with U.S. states over its proposed merger with Warner Bros. The $81 billion deal would combine two of Hollywood’s oldest studios, major television networks including CBS and CNN, streaming services HBO Max and Paramount+, and decades of film and television libraries featuring titles such as Harry Potter and Top Gun.
Paramount Skydance has settled with a group of state attorneys general, clearing the way for its $110 billion merger with Warner Bros. Discovery to move forward. The deal’s latest details and its potential future impact on the film industry are also under discussion.
Paramount Skydance has settled lawsuits filed by attorneys general from 12 states and the Writers Guild trade union, clearing the way for the company to complete its historic $110 billion acquisition of Warner Bros. Discovery.
Paramount Skydance has settled with California and 11 other states that sued to block its $110bn merger with Warner Bros Discovery. The agreement would create independent editorial boards for CNN and CBS and include commitments on film production and newsroom staffing. Paramount can avoid a $7m daily fee if the deal closes by September 30.
Paramount has settled with California and 11 other states that sued to stop its planned $110 billion acquisition of Warner Bros. Discovery. The agreement resolves the antitrust case and removes a major obstacle to the media merger, after the states argued the deal could create a powerful media behemoth.
Paramount has reached a settlement with state attorneys general to resolve an antitrust lawsuit, clearing the way for its merger with Warner Bros. Discovery.
A person familiar with the matter told The Associated Press that Skydance-owned Paramount has reached a settlement with several state attorneys general who sued to challenge its buyout of Warner Bros. Discovery.
California’s attorney general announced Monday that a settlement with Paramount resolves a legal challenge brought by 12 states against Paramount Skydance’s $110 billion merger with Warner Bros. Discovery.
A person familiar with the matter told The Associated Press that Skydance-owned Paramount has settled with a group of state attorneys general who sued to challenge its acquisition of Warner Bros.
The Writers Guild of America has settled its lawsuit against Paramount Skydance over the company’s planned acquisition of Warner Bros. Discovery, according to people familiar with the matter.
About 20 opponents of the Paramount Skydance–Warner Bros. Discovery merger took their campaign to the New York attorney general’s office on Monday, despite reports of a settlement between Paramount and the states.
California and Paramount Skydance have reportedly settled the lawsuit challenging the company’s $111 billion merger with Warner Bros. Discovery, clearing the way for the deal. Democrats and media advocates condemned the move, while Lina Khan warned that behavioral remedies often fail and called the merger seemingly illegal.
Saudi startup Ceer unveiled its first two fully electric vehicle models on Monday and said it plans to launch five more by 2030. The effort forms part of Saudi Arabia’s drive to establish a viable auto industry and reduce its reliance on oil.
RReutersOriginal★★☆☆☆2026-09-21 23:00
Saudi Arabia has launched Ceer, its first home-grown automaker, as a joint venture between the Public Investment Fund and Foxconn. The company presented its Exobot sedan and SUV and plans to offer seven new vehicles by 2030, supporting the Kingdom’s effort to diversify beyond oil and develop technology locally.
As Chinese consumers seek more variety in local drink aisles, Swire Coca-Cola has introduced a robotic order-picking system at a Zhengzhou factory this month. The company has invested 900 million yuan (US$134.3 million) there, while its supply chain chief said China remains a growth market amid changing consumer habits.
SSouth China Morning PostOriginal★★☆☆☆2026-09-21 23:00
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.
