Paramount Said To Have Submitted Revised Offer For Warner Bros Discovery
In an escalation for control of Hollywood’s most storied assets, Paramount Skydance (NASDAQ: PSKY) is believed to have submitted a sweetened bid for Warner Bros Discovery (NASDAQ: WBD) as a critical seven-day negotiating window expired Monday. The move represents a final attempt to derail a rival deal from Netflix (NASDAQ: NFLX) and capitalize on growing […]
Cuba’s Energy Lifeline Hinges On A Russian Tanker Heading Into US Blockade Waters
Cuba’s worst energy crisis in decades may have a turning point in the form of a Russian fuel tanker now headed straight into the US military blockade. Moscow arranged a vessel-to-vessel cargo transfer off Cyprus, loading the Sea Horse with what Kpler Ltd. estimates as nearly 200,000 barrels of gasoil — enough to offer temporary […]
UK Unveils Refinery Protection Plan as Carbon Costs Threaten Industry Survival
The UK government announced plans Sunday evening to shield its remaining oil refineries from rising carbon costs, ahead of a formal call for evidence set to be issued Monday — the latest response to two refinery closures within the past year. The Department for Energy Security and Net Zero will issue a call for evidence […]
Trump Pressures Netflix to Remove Board Member Susan Rice Amid Warner Bros. Merger Review
President Donald Trump demanded Saturday that Netflix (NASDAQ: NFLX) fire a Democratic board member or face federal “consequences” — a move that appeared to validate the very warning that prompted his outrage. Former national security adviser Susan Rice had argued just days earlier that corporations bowing to political pressure should expect to be held accountable. […]
Trump Warns Embargoes Are On Table After Tariff Loss
President Donald Trump escalated trade threats after the US Supreme Court struck down his tariffs, signaling a pivot from tariff schedules to broader trade cutoffs, including embargoes. The Supreme Court ruled 6-3 on Friday that Trump’s use of emergency powers to impose tariffs on foreign countries was unconstitutional. Speaking at the White House, Trump called […]
Trump Now Uses Lowercase Letters, But It’s Not What You Think
President Donald Trump said he will refer to the “supreme court” in lowercase for a while as “a complete lack of respect” for a supposedly co-equal government branch. In a Truth Social post, Trump wrote that the court’s ruling on the legality of his tariffs was “ridiculous, dumb, and very internationally divisive.” But, he also […]
Brazilian State Firm Moves to Block Equinox Gold Asset Sale to China’s CMOC
A Brazilian state-run company has launched legal action against Canadian gold miner Equinox Gold Corp (TSX: EQX), seeking to unwind part of a $1.015 billion asset sale to one of China’s largest mining conglomerates. Companhia Baiana de Produção Mineral, or CBPM, filed for an emergency injunction in the Bahia State Court of Justice, demanding the […]
Bitcoin Plunges 5% as Trump Tariff Threat Triggers $500M in Crypto Liquidations
Bitcoin shed more than 5% of its value in under two hours late Sunday as President Donald Trump’s announcement of a planned 15% global tariff hike rattled investor confidence and set off a cascade of forced liquidations across crypto derivatives markets. The world’s largest cryptocurrency fell from $67,600 to a low of $64,090 during early […]
EU Parliament Moves to Freeze US Trade Deal Ratification
The European Parliament’s top trade official called Sunday for an immediate freeze on ratification of the bloc’s transatlantic trade agreement with the United States, citing mounting legal and policy uncertainty stemming from the Trump administration’s latest round of tariff maneuvers. Bernd Lange, chair of the Parliament’s International Trade Committee, announced he would formally propose suspending […]
BC Finally Moving Forward With Critical Minerals Office, Adds 3 Projects
British Columbia has added three mining projects to its Critical Minerals Office advanced-projects portfolio, selecting Northisle Copper and Gold’s (TSXV: NCX) North Island Project, Surge Copper’s (TSXV: SURG) Berg Project, and Defense Metals’ (TSXV: DEFN) Wicheeda Project for early coordination support ahead of environmental assessment and future permitting. Mining and Critical Minerals Minister Jagrup Brar […]