[ Goldman Sachs’ profit rose 28% in the first quarter, buoyed by a recovery in underwriting and dealmaking that boosted its investment banking unit, it reported on Monday. Profit rose to $4.13 billion, or $11.58 per share, for the three months ended March 31, compared with $3.23 billion, or $8.79 per share, a year ago. … Read more
[ BBC Studios has acquired Werner Film Productions, the company behind Australian drama hit The Newsreader. BBC Studios Productions Australia paid an undisclosed amount for Warner, marking the latest in several high-profile deals for the BBC’s commercial division. Last month, it paid £255M ($325M) for ITV’s share in their streamer, BritBox International. The Werner deal … Read more
[ JAPAN Inc’s pursuit of overseas deals is set to accelerate as the country’s corporate giants come under pressure to boost capital efficiency and the central bank moves towards ditching policies that depressed the currency. A growing number of Bank of Japan policymakers are warming to the idea of rising interest rates when they meet … Read more
[ CTOS Digital Bhd is showing no signs of slowing down since its listing on the Main Market of Bursa Malaysia in July 2021. The credit reporting agency (CRA) is on expansionary mode as it continues to eye new verticals and overseas markets to fuel growth. Read original article here Denial of responsibility! Genx Newz … Read more
[ SINGAPORE: Swiss miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after earlier suitors dropped out, several industry and trading sources say. Glencore is working jointly with Indonesia’s PT Chandra Asri Petrochemical to evaluate the assets, … Read more
[ The All3Media sale saga has drawn to a close after almost a year with RedBird IMI confirming the acquisition of The Traitors superindie from Warner Bros. Discovery and Liberty Global for £1.15B ($1.45B). Jeff Zucker and Gerry Cardinale‘s RedBird IMI takes control of a 50-label outfit with production entities across the world that owns the likes of Fleabag … Read more
[ JF Technology Bhd is all set to embark on its next phase of growth, dubbed as JF 4.0, as it continues to move up the value chain and build market share. The company, which focuses on designing and making high-performance test sockets for integrated circuit (IC) firms, now finds itself at a strategic pivot … Read more
[ Viaplay‘s Central and Eastern European production division Paprika Studios has exited the Scandinavian media group. A management buyout led by Paprika CEO Ákos Erdős will return the Budapest-based producer to its indie roots, and marks the latest chapter in Viaplay’s strategy to recover from a financially devastating 2023. Selling Paprika was among the plans … Read more
[ MUMBAI: Tata Consumer Products will raise Rs 6,500 crore through issue of commercial papers and right shares to pay for the proposed stake-purchases in Capital Foods and Organic India. Last week, it had announced the acquisition of a 75% stake in Capital Foods – the owner of Ching’s Secret and Smith & Jones brands … Read more
[ CVC Capital Partners is considering selling its minority stake in Vietnam’s fourth biggest non-state owned commercial lender, Asia Commercial Bank (ACB), according to two people with knowledge of the matter. The Europe-based alternative investment firm is in talks with an adviser to explore the sale of its stake of less than 5% in the … Read more
