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OMN AI
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Paramount Skydance has increased its bid to acquire Warner Bros Discovery and is trying to push Netflix out of the takeover race. The stronger offer could determine who controls one of Hollywood’s largest media companies. Warner Bros said Paramount agreed to raise its offer by one dollar per share. The board said the proposal could reasonably lead to a superior deal. Warner Bros will hold further talks before deciding whether to abandon the deal it signed with Netflix in December. Netflix has four days to submit a counter-offer and did not comment immediately. Netflix Stays Cautious and Avoids Bidding War…
Rising Tensions Over Maritime Claims Kuwait and Iraq are locked in a renewed dispute over their northern Gulf maritime borders, with tensions escalating after Baghdad submitted new coordinates and a map to the United Nations. Kuwait says the areas claimed by Iraq, including the Fasht al-Qaid and Fasht al-Aij shoals, fall within its waters, raising concerns over the region’s strategic waterways and offshore resources. Regional Support for Kuwait Several Gulf states, including Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, and Oman, have voiced strong support for Kuwait, emphasizing the importance of respecting international law. Saudi Arabia noted that parts…
US President Donald Trump has introduced a new global tariff set at ten percent. The tariff took effect after the Supreme Court blocked many of his earlier import taxes on Friday. Trump signed an executive order just hours after the ruling to impose the levy from 24 February. He later threatened to raise the tariff to fifteen percent but has not issued an official directive to increase the rate. The White House has not confirmed whether the higher rate will take effect. Emergency Powers and Market Uncertainty The administration applies the levy under Section 122 of the 1974 Trade Act.…
Unlicensed gambling companies could lose the right to sponsor Premier League clubs under new government plans. Ministers launched a consultation after a series of controversies and regulatory concerns. Several top-flight teams, including Everton, Fulham and Wolverhampton Wanderers, currently display brands linked to online casinos or bookmakers without a British licence. Clubs have already agreed to remove all front-of-shirt gambling sponsors after this season. The voluntary ban will not cover sleeve deals or other partnerships. This gap would still allow overseas operators to promote their brands through English football if they avoid UK customers. The government now wants to close that…
Supreme Court Ruling Sparks Uncertainty European Parliament negotiators on Monday paused the EU-US trade agreement after the US Supreme Court ruled that several 2025 tariffs imposed by President Donald Trump were unlawful. In response, Trump announced new 15% import duties, throwing the future of the agreement into question. German MEP Bernd Lange, chair of the parliamentary trade committee, said the legal situation had “totally changed,” and the EU needed a clear commitment from Washington before moving forward. EU Demands Guarantees on Deal Terms The 2025 pact, originally negotiated by Ursula von der Leyen and Trump, had been criticized in Europe…
The UK has paused a clinical trial on puberty blockers after the medicines regulator demanded stricter safety measures. It warned about unknown long-term biological risks and called for a minimum age of 14. The Medicines and Healthcare products Regulatory Agency will hold talks with King’s College London next week. The Department of Health and Social Care confirmed that recruitment will stay on hold until they resolve the concerns. The Pathways trial followed a recommendation from the Cass review. That review found weak evidence for the benefits of puberty blockers in young people. Hilary Cass said only a controlled trial could…
Big Tech faces a historic legal showdown. A major trial over social media addiction has begun and could reshape the technology industry. Meta CEO Mark Zuckerberg testified before a jury for the first time over claims that social media harms young people. His testimony came more than four years after leaked internal documents suggested the company knew its platforms could cause harm. Internal documents presented in a Los Angeles courtroom appeared to confirm long-standing concerns. Meta knew preteens used its apps. The company aimed to maximize scrolling time. It also ignored expert advice on safety, though Meta said the documents…
China has overtaken the United States as Germany’s largest trading partner.Total trade between Germany and China reached €251bn in 2025, according to official data. German imports from China were far higher than exports.Imports stood at €170.6bn, while exports reached €81.3bn.Trade with the US fell to €240bn, partly linked to tariff tensions. Chancellor Friedrich Merz will travel to Beijing for talks with Xi Jinping and Li Qiang.He is expected to discuss Ukraine, human rights and trade relations.Business leaders from major German firms will join the visit. Germany’s car industry remains deeply tied to the Chinese market.Companies such as Volkswagen, BMW and…
Budapest Links Sanctions to Pipeline Repairs Hungary has announced it will block the EU’s 20th sanctions package against Russia until Ukraine restores oil deliveries to the country. Prime Minister Viktor Orbán told the Energy Security Council that the bloc would not approve the €90 billion war loan for Ukraine while supplies remain cut. Foreign Minister Péter Szijjártó added that Hungary will continue to veto the sanctions until the Druzhba pipeline, damaged by a Russian attack, is repaired. The council also discussed electricity supplies, which see nearly half of Ukraine’s imports coming from Hungary. Szijjártó stressed that halting deliveries could affect…
Team USA captured back-to-back gold in the mixed team aerials at the 2026 Winter Olympics. Kaila Kuhn, Connor Curran, and Christopher Lillis delivered a dominant performance, setting a new Olympic record in the process. The competition was fierce, with top teams from around the world aiming for the podium. However, the U.S. athletes showed precision and skill in every jump, impressing judges and fans alike. Their combined scores gave the United States a clear edge, earning the historic victory. This gold medal adds to Team USA’s growing tally at the 2026 Winter Games. The aerials team’s success reflects strong preparation,…
