04:32 AM EDT, 08/26/2024 (MT Newswires) -- Edgar Bronfman Jr. hopes to create a partnership between Paramount Global ( PARAA ) and big tech firms such as Amazon ( AMZN ) and Apple ( AAPL ) should he successfully acquire the media company, Bloomberg reported, citing people familiar with the matter. The media executive believes such a deal could improve...

BERLIN (Reuters) -German business morale fell for a third consecutive month in August, a survey showed on Monday, pushing back recovery hopes for Europe's largest economy. The Ifo institute said its business climate index fell to 86.6 in August from 87.0 in July, above a forecast by analysts polled by Reuters for a reading of 86.0. The German economy is...

WASHINGTON (Reuters) - The Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if U.S. industry gets its way, many of the planned duties would be softened. Manufacturers from electric vehicles to electric utility equipment have asked for the higher tariff rates to be reduced, delayed or abandoned, and...

BEIJING (Reuters) -China's Sinopec posted a 2.6% rise in net profit for the first half of the year, it said on Sunday, as record oil and gas output compensated for falling domestic demand for refined fuel and petrochemicals. China Petroleum & Chemical Corp, as Sinopec is officially known, reported on Sunday a net income of 37.1 billion yuan ($5.21 billion)...