business
Warner Rejects Paramount’s Hostile Bid, Saying Netflix Deal Still Superior
Warner raised concerns about the credibility of Paramount’s “illusory” offer and its backing from the Ellison family. Source link
Energy & Utilities Roundup: Market Talk
Find insight on Sembcorp Industries’ recent acquisition of Alinta Energy and more in the latest Market Talks covering energy and utilities. Source link
Podcasters Love YouTube. That’s Making Podcast Advertising Less Predictable.
Ads that appear in video podcasts are alluring for visually-minded marketers but may perform worse on the whole than audio-only, according to a new study. Source link
The Squishy Number Behind the Rise and Fall of Oracle’s Stock
AI investors are scrutinizing a once-obscure metric related to future sales. Source link
Oil Prices Climb as Trump’s Venezuela Blockade Raises Supply Risks
Oil prices rose more than 1.5% after Trump ordered a total blockade of all sanctioned tankers to and from Venezuela, raising risks of prolonged supply disruptions in the region. Source link
Diageo to Sell Kenyan Drinks Stakes to Japan’s Asahi for $2.3 Billion
The deal gives East African Breweries an enterprise value of $4.8 billion, according to Diageo. Source link
Bunzl Expects Revenue Growth, Backs Guidance
The distribution-and-outsourcing group expects good momentum over the final quarter, with support from new North-America business. Source link
Trump Orders Blockade of Sanctioned Oil Tankers in and out of Venezuela
The president’s announcement further escalates pressure on leader Nicolás Maduro. Source link
Oil Rises on Likely Technical Recovery
Oil rose in Asia’s morning session on a likely technical recovery after oil futures fell to almost five-year lows overnight. Source link
U.S. Tanker Seizure Has Paralyzed Venezuelan Oil Shipping—Except Chevron’s
Vessels are idling at ports or veering away from the region. But for Chevron, it’s business as usual. Source link