Trafigura warns oil at ‘inflection point’ as Iran war stokes bumper half-year profits
Commodity trader’s net profit more than doubles to $4.1bn for October to March period
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Indian film union drops boycott call against Bollywood star Ranveer Singh
The producers of Don 3 had earlier complained that Singh’s alleged exit from the film had caused major financial losses.
Netflix Euro Content Chief Outlines Approach to AI,Regulation
Netflix has stances on AI and other regulation, Larry Tanz, vp of content for Europe, the Middle East and Africa, made clear at the Enders TMT Leaders Live conference in London on Thursday. Highlighting the streamer’s investment in the British film and TV industry, Tanz said that Netflix has filmed in 225-plus cities and towns…
Eli Manning’s private equity firm buys RCX in bet on youth sports
A youth player for MLB Pitch Hit & Run takes the field. Courtesy of RCX A version of this article appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. Former…
Iran War Live Updates: Israel and Lebanon Renew Cease-Fire
The deal is contingent on Hezbollah, the Iran-backed armed group that was not part of the talks, stopping attacks against Israel and withdrawing from southern Lebanon.
Samsung’s Updated Health App Unsurprisingly Comes With New AI-Powered Features
The new app was designed to showcase the upcoming Galaxy Watches’ capabilities. Samsung Samsung will start rolling out an update on June 8 that will make its Health app more useful in everyday life. The company says that updated app will translate “complex biometric data — from overnight sleep to daily activity —…
Arm’s $218 Billion Leap Makes It One of Market’s Priciest Stocks
Arm Holdings Plc has been a relatively expensive stock for investors to own since the company first issued American depositary receipts in 2023. But a wild surge that has nearly doubled the share price in a matter of weeks is pushing the valuation to levels investors rarely see.
Tense governor’s race in California unsettled as vote-counting continues | California
The California governor’s race remained unsettled Thursday, as state election officials continued to sift through uncounted primary ballots – a process that could take days or even weeks as voters eagerly await the results. Polls indicated that British-born conservative pundit Steve Hilton was narrowly leading the race, followed by former US human services and health…
I See This as Cinema
Tom Quinn landed in the U.K. for a special talk at SXSW London less than two weeks after Neon claimed its seventh consecutive Palme d’Or in Cannes, this time thanks to Cristian Mungiu’s “Fjord.” The exec — whose indie distributor marks only its 10th birthday next year — said the ongoing run of wins was “extraordinary,” but…
US House votes to end Trump’s Iran war: Does it matter? | US-Israel war on Iran News
The United States House of Representatives has voted in favour of measures to halt President Donald Trump’s war on Iran as the conflict drags into a fourth month and both sides remain at loggerheads in peace negotiations. The vote on Wednesday marks the first successful effort by lawmakers to force the US to end a…