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Big Pharma’s China deal spree grows with latest tie-up worth up to $7.8 billion
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David Ellison says combined Paramount and Warner Bros. Discovery will be named Skydance
The soon-to-merge Paramount-Warner Bros. Discovery officially has a name: It’s simply going to be Skydance, according to chairman and CEO David Ellison. In the end, Ellison picked the name of his original film production company, Skydance Media, to encompass everything that is getting stuffed into the new conglomerate. The deal forming the new Skydance is […]
Oil prices fall on report of potential diesel, crude stock release; Brent back below $100
It comes after Reuters reported that EU nations were discussing a proposal to release diesel reserves following pressure from the Trump administration.

US jobs market sees sharp slowdown in September
Unemployment rose slightly to 4.2% in September as American employers paused hiring.
Tesla reports 486,532 vehicle deliveries for third quarter, topping expectation
Tesla's core autos business is under pressure as Chinese and European carmakers roll out affordable and innovative EVs.
Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%
Nonfarm payrolls were expected to increase by 84,000 in September while the unemployment rate held at 4.1%.
Ford fends off Hyundai to retain No. 3 U.S. sales position in third quarter
Ford on Friday reported a year-over-year sales decline of 6.6% during the third quarter to 507,395 light-duty vehicles.