E.U. reviewing Paramount-Warner merger over Middle Eastern wealth funds’ backing

European Union regulators are studying Paramount Skydance’s prospective takeover of Warner Bros. Discovery over the deal’s financial backing from three Middle Eastern sovereign wealth funds, according to a public filing. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The inquiry, publicly confirmed Wednesday, deepens the scrutiny of a … Read more

E.U. hits the brakes on U.S. trade deal after Trump threatens 15% global tariffs

The European Parliament on Monday halted the ratification process of a sweeping trade deal with the United States, the latest fallout from the Supreme Court striking down most of President Donald Trump’s tariffs. Following an emergency meeting in Brussels, lawmakers said the U.S.’ side of the deal is now “so uncertain.” “Nobody knows what will … Read more