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Nothing has caused more issues than the progress or lack thereof of both EBITDA (since the acquisition) and its place in the coming growth for Warner Bros Discovery (NASDAQ:WBD) since the last article. Management has since done a bunch of presentations to try and smooth out the process of going…

From the shores of Lake Geneva to the holiday island of Bali, two events in recent weeks show the importance of Hashim Djojohadikusumo, a powerful tycoon and political fixer, to his brother Prabowo Subianto, the incoming Indonesian president.In the affluent Swiss town of Anières, home to diplomats, bankers and the…

By Haripriya Suresh, VarunVyas Hebbalalu and Aditya Kalra BENGALURU/NEW DELHI (Reuters) – A rags-to-riches tale, Vijay Shekhar Sharma is no stranger to controversy. Now, India’s startup king faces arguably his biggest crisis in a race to save his revolutionary digital payments firm that had once counted Warren Buffett as a…

By Ana Mano SAO PAULO (Reuters) – An agency tasked with patrolling federal roads in Brazil has reported a surge in volumes of illegal pesticides seized from criminals in the last eight years, including a record 358 metric tons apprehended in 2022 when the country harvested close to 300 million…

By Devayani Sathyan and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) – Most emerging market currencies will struggle to recoup this year’s losses against the dollar in coming months as expectations for aggressive rate cuts from the U.S. Federal Reserve diminish, a Reuters poll of FX strategists found. After ending 2023 on a…

(Reuters) – Despite “remarkable” progress on U.S. inflation, Federal Reserve Bank of San Francisco President Mary Daly said on Friday “there is more work to do” to ensure stable prices – a phrase that signals she feels it’s not yet time for interest-rate cuts. “We will need to resist the…

The May 2024 jobs report showed remarkable strength just in time for new graduates despairing they had to move home. You got this graduate, you can find a job and live on your own. The Biden administration’s efforts to address supply chain issues are effectively slowing down price hikes, and…

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