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Investor group raises bid for US retailer Macy's to $6.6 bn
Investor group raises bid for US retailer Macy's to $6.6 bn
by  AFP

An investor group that offered to buy the struggling US department store chain Macy's in December and was turned down said Sunday it has sweetened its bid. “We remain frustrated by the delay tactics adopted by Macy's Board of Directors and its continued refusal to engage with our credible buyer group," the investors said.

"Dune: Part Two" spices up N.America box office with big opening
"Dune: Part Two" spices up N.America box office with big opening
by  AFP

Bringing spice to a so-far lean movie year, Warner Bros.' new sci-fi film "Dune: Part Two" shot to the top of the North American box office this weekend, taking in an estimated $81.5 million, industry watcher Exhibitor Relations reported Sunday.

Several countries extend oil cuts to boost prices
Several countries extend oil cuts to boost prices
by  AFP

Moscow, Riyadh and several other OPEC+ members on Sunday announced extensions to oil production cuts first announced in 2023 as part of an agreement among oil producers to boost prices following economic uncertainty.

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