Aug 9 Reuters Paramount Global39;s shares jumped 6 premarket on Friday as investors cheered strong growth at the media group39;s streaming business, even as the company joined rival Warner Bros Discovery in writing down the value of its TV assets. Paramount late on Thursday comfortably beat Wall Street targets for earnings, propelled by its streaming unit, which houses […]

ANAHEIM, California, Aug 9 Reuters Walt Disney, which reclaimed the top of the summer box office with Pixar animation39;s Inside Out 2 and Marvel39;s raunchy Deadpool Wolverine, is set to announce details of coming films at its D23 fan convention on Friday. The company touted the strength of its movies during an investor call this week, marking a return […]

LONDON, Aug 9 Reuters Insurers face millions of dollars in claims after a foiled attack forced three Taylor Swift concerts in Austria to be cancelled, though several providers will share out the hit, two people involved in insurance for her tour told Reuters. The concerts in Vienna were cancelled this week after a planned attack at the […]

Aug 9 Reuters Nikola beat Wall Street expectations for secondquarter revenue and posted a smallerthanexpected adjusted loss on Friday, signaling an uptick in deliveries of its hydrogen big rigs as clients ramped up spending. Shares of the electric truck maker rose 17 in early trading. Nikola39;s results signal that its attempts to pivot away from its […]

BERLIN, Aug 9 Reuters Lufthansa39;s leisure subsidiary Discover Airlines has agreed to increase wages for cockpit and cabin staff, marking its first collective bargaining agreement since it began operating in 2021, the company and union said on Friday. The agreement covers 500 cockpit workers and 1,400 members of the cabin crew and is valid until the […]

FRANKFURT, Aug 9 Reuters German utility EnBW is considering whether to use Chinese wind turbines for future projects, its chief financial officer said on Friday, saying the number of Western suppliers was fairly small and pointing to potential economic benefits. It is indeed the case that we naturally only have a limited number of suppliers for […]