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Netflix's Warner Bros. acquisition sparks backlash
Netflix's Warner Bros. acquisition sparks backlash

Netflix faced fierce criticism on Friday over its blockbuster deal to acquire Warner Bros., the storied Hollywood studio. The deal's biggest loser may be Warner Bros. competitor Paramount Skydance, the Hollywood studio owned by Larry Ellison, one of the world's richest people and a close ally of US President Donald Trump.

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by  AFP

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Andrew Bailey: Bank of England boss facing fresh storm
Andrew Bailey: Bank of England boss facing fresh storm
by  AFP

Andrew Bailey is no stranger to economic storms as head of the Bank of England, becoming governor just as Covid was taking hold in Britain. - Tough start - The coronavirus pandemic gave Bailey, from the city of Leicester in central England, no time to settle.

UK to cap renewable energy company revenues
UK to cap renewable energy company revenues
by  AFP

Britain will introduce a cap on the revenues of companies that produce low-carbon electricity in an attempt to mitigate the impact of soaring energy prices on consumers. The temporary cap on energy companies that produce electricity from renewables and nuclear is being introduced in England and Wales, the government said in a statement late Tuesday.

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