Business – Page 750 – Freedom 96.9

Chilean lithium miner SQM’s fourth-quarter profit jumps 53%

Saturday, February 28 by SRN News

Feb 27 (Reuters) - Chilean lithium producer SQM on Friday reported a rise in fourth-quarter net profit, as a stronger pricing environment lifted average lithium prices and boosted results. The world's second-largest lithium producer said net income for the quarter was $183.8 million, up 53%... Read More.

Dominican Republic has over 150 million tons of rare earth deposits, president says

Saturday, February 28 by SRN News

SANTO DOMINGO, Feb 27 (Reuters) - The Dominican Republic has identified rare earth deposits that could position the Caribbean nation as a significant future supplier of minerals critical to high-tech industries, President Luis Abinader said on Friday. Preliminary studies indicate gross deposits exceeding 150 million... Read More.

Brazil partially rolls back import tax hike

Friday, February 27 by SRN News

By Marcela Ayres and Bernardo Caram BRASILIA, Feb 27 (Reuters) - Brazil's government partially rolled back a controversial increase in import tariffs approved earlier this year, the Ministry of Development, Industry, Trade and Services said on Friday. The move, previously reported by Reuters, citing sources,... Read More.

US agency approves Charter Communications’ $34.5 billion deal to buy Cox

Friday, February 27 by SRN News

WASHINGTON, Feb 27 (Reuters) - The Federal Communications Commission said Friday it approved Charter Communications' $34.5 billion acquisition of Cox Communications. The deal announced in March 2025 combines two of the largest U.S. cable and broadband operators in their battle with streaming giants and mobile... Read More.

SpaceX could seek IPO valuation of over $1.75 trillion, Bloomberg says

Friday, February 27 by SRN News

Feb 27 (Reuters) - Elon Musk's SpaceX is aiming to file confidentially for an initial public offering that could value the rocket and satellite company at more than $1.75 trillion, Bloomberg News reported on Friday, citing people familiar with the matter. The filing could come... Read More.

Paramount to buy Warner Bros Discovery in $110 billion deal; Netflix out of race

Friday, February 27 by SRN News

By Karol Badohal, Harshita Mary Varghese and Jaspreet Singh Feb 27 (Reuters) - Warner Bros Discovery has agreed to be acquired by Paramount Skydance in a $110 billion deal, ending a high-stakes bidding war after Netflix walked away from its agreement with the HBO Max... Read More.

Delta orders 34 more Airbus A321neo jets in fleet renewal push

Friday, February 27 by SRN News

CHICAGO, Feb 27 (Reuters) - Delta Air Lines said on Friday it will buy 34 more Airbus A321neo jets as part of its plan to refresh its fleet with aircraft that burn less fuel and offer more premium seats. The new planes are due to... Read More.

Paramount must convince regulators its deal with Warner will not hurt customers

Friday, February 27 by SRN News

Not so fast, Paramount. After a long, tumultuous fight for Warner Bros. Discovery, the Hollywood giant has finally bested rival bidder Netflix but now faces a new challenge: Winning over regulators. The competition concerns are big. Paramount's buyout of Warner Bros. would reshape Hollywood and the... Read More.

Exclusive-Warner Bros signs $110 billion deal with Paramount, its executive discloses in townhall

Friday, February 27 by SRN News

By Karol Badohal and Harshita Mary Varghese Feb 27 (Reuters) - Warner Bros Discovery has agreed to be acquired by Paramount Skydance in a $110 billion deal signed Friday morning, according to an audio clip of a global townhall by the company, which was reviewed... Read More.

Exclusive-Paramount expected to easily secure EU nod for Warner Bros deal, sources say

Friday, February 27 by SRN News

By Foo Yun Chee BRUSSELS, Feb 27 (Reuters) - Paramount Skydance is expected to easily gain European Union antitrust approval to buy Warner Bros Discovery while divestments, if required to address regulatory concerns, will likely be minor, two people with direct knowledge of the matter... Read More.

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