It Turns Out That Western Sanctions On Russia’s Booming Oil Industry May Be Falling Flat
The West has sought to crack down on Russia’s oil sector through crippling sanctions in response to the country’s invasion of Ukraine, but new data indicates that a key goal of the sanctions is not being achieved, Bloomberg News reported Monday. The price for Russian Ural crude oil deliveries from a major Black Sea port […]
Paramount and Skydance announce merger in entertainment industry shake-up
Paramount and Skydance Media have agreed to a transaction to create a combined company worth about $28 billion, adding to a string of high-profile mergers in the entertainment industry. The combined company was referred to as “New Paramount” in a news release from Skydance, which was founded by Larry Ellison’s son David Ellison in 2010. […]