Pakistan, China and Russia hold informal talks on Afghanistan in Doha
Special envoys from Pakistan, China and Russia held an informal meeting in the Qatari capital on Monday to discuss regional cooperation on Afghanistan...
Warner Bros. Discovery will divide into two separate publicly traded companies, aiming to sharpen focus and maximize the value of its expansive media assets, the company announced Monday.
In a landmark shake-up, Warner Bros. Discovery revealed plans on Monday to split into two distinct publicly traded companies. The strategic move is designed to better capitalize on the company’s wide-ranging media assets by creating more focused operational units.
The first company will consolidate Warner Bros. Discovery’s entertainment-heavy divisions, including Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and the HBO Max streaming service.
The second company will house the firm's television and sports businesses, such as CNN, TNT Sports, Discovery+, Bleacher Report, and various European free-to-air networks.
“This restructuring allows each business to operate with more strategic clarity and flexibility, while delivering greater value to shareholders,” the company said in a corporate statement cited by international media.
To support the restructuring, Warner Bros. Discovery will take out a $17.5 billion loan, which it plans to recapitalize before the formal division is completed.
The move marks one of the most significant reorganizations in the media industry in recent years and reflects the growing pressure on legacy media firms to adapt to rapid shifts in audience behavior, streaming competition, and digital transformation.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
Apple’s Formula 1-themed drama F1: The Movie surged to the top of the U.S. and Canadian box office the weekend, collecting $55.6 million in ticket sales and marking the company’s most successful cinematic opening to date, according to data from Comscore.
Amazon founder Jeff Bezos and Lauren Sanchez’s multi-day wedding in Venice is making headlines—not just for its celebrity guest list and luxury, but also for the backlash it has sparked among local activists.
French President Emmanuel Macron is pushing for 'French Touch' electronic music to be recognized by UNESCO as an intangible cultural heritage—putting it on par with Berlin techno, Jamaican reggae, and Irish harp traditions.
Scarlett Johansson recalls how the original “Jurassic Park” deeply influenced her childhood as she premieres her role in “Jurassic World: Rebirth,” set to release on 2 July.
Dua Lipa has announced her engagement to British actor Callum Turner, calling the decision to grow old together “a really special feeling.”
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