Browsing Tag

discovery

Paramount launches $108.4B takeover bid for Warner Bros. Discovery, challenging Netflix

Paramount Skydance has launched a hostile $108.4 billion bid for Warner Bros Discovery, moving to upend Netflix’s newly struck agreement and escalate one of the decade’s most consequential battles for Hollywood’s crown jewels. The move arrives days after Netflix emerged from a weeks-long bidding war with a $72 billion equity deal for Warner Bros Discovery’s TV, film and streaming assets — an offer valued at $82.7 billion including debt and carrying a $5.8 billion break-up fee from Netflix. The streaming giant’s bid, already…

Turkish Minister: Oil and Gas Discovery a Game Changer for Somalia

MOGADISHU, Somalia - The forthcoming oil and gas explorations in Somalia promise to transform the country's economic landscape, according to Alparslan Bayraktar, the Turkish Energy Minister. He emphasized the huge advantages awaiting Somalia once this ambitious endeavor reaches its fruition. Alparslan shared his vision for the future, predicting that numerous international corporations will jump on board, significantly invigorating Somalia's economy, which has faced formidable challenges for over thirty years. The…

Turkey Claims Significant Advantage from Somali Oil Discovery

MOGADISHU, Somalia — Turkey hails the start of oil and gas exploration in Somalia as a groundbreaking development, marking the beginning of a transformative period. Over the weekend, President Recep Tayyip Erdoğan dispatched vessels to scour Somalia's coast for valuable resources. Alparslan Bayraktar, Turkey's Minister of Energy and Natural Resources, emphasized that deploying the Oruc Reis, a research ship, would bolster Turkey’s energy advancement, pitting it against global contenders. During a ceremonial send-off,…

after the discovery of several

In Benin, a case of cocaine in a container in the autonomous port of Cotonou is in the headlines. The head of the drug group is placed under strict arrest. Nine people, including a businessman and agents from a large French group, are being held in court for repression of economic crime and terrorism (CRIET). as reported from…