Image: Reuters Warner Bros Discovery’s board has rejected Paramount Skydance’s US$108.4-billion hostile bid on Wednesday, saying it failed to provide adequate financing assurances. In a letter to shareholders, disclosed in a regulatory filing, the board wrote that Paramount had “consistently misled” Warner Bros shareholders that its $30/share cash offer was fully guaranteed, or “backstopped”, by…
President Trump has opened the door for sanctions to be imposed on Nigeria for allegedly failing to rein in the persecution of Christians in the West African country. Mr. Trump announced Friday that he would designate Nigeria “a country of particular concern” as it relates to religious freedom, a move that had been pushed by…
Director of National Intelligence Tulsi Gabbard says change upholds privacy of US users. Apple will no longer be forced to provide the United Kingdom’s government with access to American citizens’ encrypted data, Washington’s spy chief has said, signalling the end of a months-long transatlantic privacy row. Tulsi Gabbard, the United States’ director of national intelligence,…
The Ministerial Meeting of Coordinators on the Implementation of the Follow-up Actions of the Forum on China-Africa Cooperation (FOCAC) has just concluded in Changsha, China. Chinese President Xi Jinping sent a congratulatory letter to the Meeting, pointing out that openness and cooperation are the right path, and mutual benefit and win-win outcomes meet the aspiration…
