Warner Bros Discovery posts $1.1bn quarterly loss as cable TV business weakens

[ad_1] Warner Bros Discovery lost more than $1bn in the first quarter, underscoring the heavy costs Hollywood giants are enduring as they pivot their businesses towards streaming to offset shrinking…

Czech billionaire Daniel Křetínský proposes €1.1bn investment in Casino

[ad_1] Czech billionaire Daniel Křetínský has pitched a €1.1bn investment in heavily indebted French supermarket group Casino, in a challenge to the current controlling shareholder Jean-Charles Naouri. The surprise offer…