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Business

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Disney surpasses earnings forecasts on streaming and parks strength

Disney earnings soar on resilient streaming, US parks revenue

LOS ANGELES, California: Walt Disney Co. posted stronger-than-expected quarterly earnings, buoyed by solid gains in its Disney+ streaming...

Skechers to go private in $9.42 billion deal

Skechers to go private for $9.42 billion in biggest sneaker deal

MANHATTAN BEACH, California: After more than two decades as a public company, Skechers is set to go private in a US$9.42 billion deal...

BMW expects US tariff cuts by July amid trade talks

BMW expects car tariffs to fall from July in upbeat take on trade war

FRANKFURT/LONDON: BMW is anticipating a reduction in U.S. car tariffs starting in July, based on ongoing discussions with U.S. officials,...

DOJ targets Google’s AdX and DFP in antitrust case

US seeks breakup of Google's ad tech empire

MOUNTAIN VIEW, California: The U.S. Department of Justice is seeking the breakup of Google's digital advertising business, calling...

EU plans Russian gas exit by 2027

EU to propose ban on Russian gas imports by end-2027

BRUSSELS, Belgium: The European Union is preparing to unveil a detailed plan to reduce its reliance on Russian gas, including a proposal...

DoorDash to acquire Deliveroo in $3.85 billion deal

DoorDash from US to buy UK's Deliveroo in $3.9 billion deal

SAN FRANCISCO, California: U.S. food delivery giant DoorDash will acquire British rival Deliveroo in a US$3.85 billion deal, the companies...

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