business
Eni Makes Gas Discovery in Indonesia
The Konta-1 exploration well showed an estimated potential for a gas rate of up to 80 million standard cubic feet per day. Source link
BAT Sets Out $1.73 Billion Share Buyback, Backs 2025 Targets
The FTSE 100 tobacco group said on Tuesday it would deliver 2% organic growth in revenue and adjusted profit for its operations in 2025. Source link
Thyssenkrupp Swings to Net Profit But Warns Challenging Conditions Remain
The earnings mark the end of a challenging year for Thyssenkrupp as it remains in the middle of a restructuring push. Source link
Ford and Renault Team Up in Europe to Compete Against Low-Price Chinese Cars
The French carmaker will build two entry-level electric vehicles, part of a relaunch of Ford’s embattled European business. Source link
Trump Says U.S. Will Allow Nvidia H200 Chip Sales to China, Get 25% Cut
The president’s decision to allow exports of the powerful chip comes after meeting last week with the company’s CEO, Jensen Huang. Source link
BHP to Sell Stake in Western Australia Power Infrastructure to BlackRock in $2 Billion Deal
BHP Group will sell a 49% stake in its Western Australia iron-ore power network to BlackRock’s Global Infrastructure Partners. Source link
Behind Paramount’s Relentless Campaign to Woo Warner Discovery and President Trump
Behind Paramount’s Relentless Campaign to Woo Warner Discovery and President Trump Source link
Paramount Made a Hostile Bid for Warner After Netflix Deal. What Happens Next?
Warner has until Dec. 22 to decide the fate of its existing $72 billion deal. Source link
PepsiCo to Cut Costs, Lower Food Prices in Deal With Activist
The soda and snacks company struck an agreement with Elliott Investment Management, which revealed a $4 billion stake in September. Source link
Opinion | Let Warner’s Shareholders Decide
Alas, they’ll have to add Trump intervention risk to their calculation. Source link