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IN THE NEWS

Billionaire Ellison offers personal guarantee for son's bid for Warner Bros

Billionaire Ellison offers personal guarantee for son's bid for Warner Bros

Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile bid for Warner Bros. Discovery, deepening a bidding war with Netflix, a statement said on Monday.

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Tech stocks lead Wall Street higher, gold hits fresh record

Tech stocks lead Wall Street higher, gold hits fresh record

Wall Street and Asian stock markets advanced on Monday, with tech stocks leading the way.

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Telefonica to shed around 5,500 jobs in Spain

Telefonica to shed around 5,500 jobs in Spain

Telefonica will cut up to 5,500 jobs in Spain under a voluntary departure plan agreed with trade unions last week, the debt-laden telecoms firm said in a statement on Monday.

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Cambodia says Thailand launches air strikes after ASEAN meet on border clashes

Cambodia says Thailand launches air strikes after ASEAN meet on border clashes

Cambodia said Thailand launched air strikes on its territory on Monday, shortly after Bangkok announced the two nations had agreed to hold talks this week aimed at halting deadly border clashes.

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McCullum wants to stay as England coach despite Ashes drubbing

McCullum wants to stay as England coach despite Ashes drubbing

England coach Brendon McCullum wants to stay in his job despite a chastening Ashes series defeat but admits his future is out of his hands.

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EU slams China dairy duties as 'unjustified'

EU slams China dairy duties as 'unjustified'

Brussels hit back Monday at China slapping duties of up to 42.7 percent on some dairy products from the European Union, calling the move "unjustified".

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Italy fines Apple nearly 100 mn euros over app privacy feature

Italy fines Apple nearly 100 mn euros over app privacy feature

Italy's competition authority said Monday it had fined the US tech giant Apple 98 million euros ($115 million) for allegedly abusing its dominant position in the mobile app market.

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America's Cup switches to two-year cycle

America's Cup switches to two-year cycle

The America's Cup will take place every two years starting in 2027, organisers announced on Monday, unveiling an unprecedented alliance among several founding teams.

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Jesus could start for Arsenal in League Cup, says Arteta

Jesus could start for Arsenal in League Cup, says Arteta

Mikel Arteta has hinted that he is ready to hand Gabriel Jesus his first start in nearly a year in Arsenal's League Cup quarter-final against Crystal Palace on Tuesday.

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EU to probe Czech aid for two nuclear units

EU to probe Czech aid for two nuclear units

The European Commission said Monday it had opened an investigation to assess whether the Czech government's support plan for the construction and operation of two nuclear units is in line with EU state aid rules.

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