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(Changes order of companies in paragraph 10)

By Milana Vinn and Dawn Chmielewski

NEW YORK, Dec 2 : Netflix’s proposed acquisition of Warner Bros Discovery’s studios and streaming unit is expected to reduce streaming costs for consumers by bundling…

BENGALURU, Dec 3 : Sify Infinit Spaces, set to become India’s first listed data center operator, sees AI driving demand for computing power but is tempering future investments to avoid over-exposure to a potential bubble, its chief executive…

SINGAPORE: While working for American reinsurance firm Guy Carpenter, two brokers lured a big client away to a new reinsurer that they helped to set up in Singapore, and which was to be their future employer.

Guy Carpenter estimated that the loss…

MANILA, Dec 3 : A slower growth outlook for the Philippines raises the chances of another policy rate cut at a policy review next week, the central bank governor said on Wednesday. 

Bangko Sentral ng Pilipinas Governor Eli Remolona said growth…

HANOI, Dec 3 : Fushan Technology, a subsidiary of Taiwanese electronics manufacturer Foxconn, is seeking a permit to expand production in Vietnam to make Xbox gaming devices and other electronic parts, according to a company document sent to Bac…

DUBAI, Dec 3 : World Liberty Financial, a crypto venture backed by U.S. President Donald Trump’s family, will launch its suite of real-world asset products at the beginning of the first quarter in January, co-founder Zach Witkoff announced on…

WASHINGTON, Dec 2 : U.S. wireless carrier AT&T said in a letter to the U.S. telecoms regulator that it had committed to ending diversity, equity and inclusion programs, a move that comes as it seeks approval from the Trump administration to buy…

SAN FRANCISCO, Dec 2 : Chipmaker Marvell Technology said on Tuesday it will buy semiconductor startup Celestial AI in a deal worth $3.25 billion and gave a bullish forecast for its next fiscal year.

Marvell’s shares were up about 13 per cent in…

HOUSTON, Dec 3 : Oil prices settled higher on Wednesday after the U.S. and Russia failed to reach a deal to end the war in Ukraine that could have eased sanctions on Moscow’s oil sector, though gains were held back by fears of oversupply.

Brent…

NEW DELHI, Dec 3 : India’s iron ore imports hit a six-year high this year as steel mills stepped up overseas purchases to overcome shortages of high-grade ore and take advantage of lower global prices for the steelmaking raw material, analysts…