Author: V. Alure

(Bloomberg) — Paramount Skydance Corp. said it has “no statutory impediment” in the US to closing its proposed $77.9 billion acquisition of Warner Bros. Discovery Inc. after clearing a US antitrust hurdle. Paramount said Friday it has complied with the US Justice Department’s second-request review process under the Hart-Scott-Rodino Act and that a 10-day waiting period expired on Thursday. The expiration of a waiting period doesn’t tacitly imply that regulators are on board with a deal. The department in the past has sued to block mergers after the waiting period passed.Warner Bros. already has a signed an agreement to sell its studio…

The Space Launch System, with the Orion crew capsule, stands at launch complex 39B during the Wet Dress Rehearsal, a full-scale countdown and propellant load, for the Artemis II mission to the Moon at Kennedy Space Center in Cape Canaveral, Florida, on Feb. 2, 2026.Steve Nesius | ReutersNASA’s new moon rocket suffered another setback Saturday, almost certain to bump astronauts’ first lunar trip in decades into spring.The space agency revealed the latest problem just one day after targeting March 6 for the Artemis II mission, humanity’s first flight to the moon in more than half a century. Overnight, the flow…

It is not only North India that suffers with poor AQI from farm fires; India’s financial capital also faces the same fate.  Fresh concerns about air quality in Mumbai have been triggered by eyewitness accounts from the skies, pointing to agricultural burning in the state’s hinterland as a contributing factor to the city’s pollution spikes.  Vishal Jolapara, a pilot who frequently flies across Maharashtra, recently shared visuals of vast stretches of scorched farmland, offering a perspective rarely visible to residents on the ground.  “The reason for Mumbai’s terrible AQI, something we pilots see on a daily basis flying across my great state: Fields upon fields…

Merz rules out loosening Germany’s debt limits again in current term Source link #Merz #rules #loosening #Germanys #debt #limits #current #term

The US Supreme Court’s decision striking down tariffs imposed by President Donald Trump has done little to ease pressures on the global economy, with analysts warning that uncertainty over future trade policy may instead intensify. Economists said the ruling, while limiting Trump’s use of tariffs under emergency powers, is unlikely to change the broader trajectory of global trade tensions as Washington explores alternative ways to impose duties, reported Reuters. Trump Raises Worldwide Tariffs From 10% To 15% A Day After Supreme Court Ruling “In general, I think it will just bring in a new period of high uncertainty in world…

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldPresident Donald Trump will raise his new global tariff rate to 15 per cent from 10 per cent, a day after the US Supreme Court struck down the backbone of his economic strategy.Following the devastating blow from the country’s top court on Friday, Trump signed a proclamation slapping a temporary 10 per cent duty on imports under section 122 of the Trade Act of 1974, which allows the president to set import restrictions for up to 150 days. It was…

The U.S. Supreme Court said President Trump exceeded his authority in using a 1977 law to justify a large swath of his tariffs, but that does not mean he’s now unable to slap tariffs on other countries’ products. Source link #Supreme #Court #rejects #Trumps #tariffs #president #rolling

US President Donald Trump speaks during a press briefing at the White House, following the Supreme Court’s ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, DC. US, February 20, 2026. | Photo Credit: ELIZABETH FRANTZ The US reciprocal tariffs of 18 per cent on Indian goods, established under the framework India-US interim trade deal, have been invalidated following a Friday ruling by the US Supreme Court striking down President Donald Trump’s “illegal” tariffs. In their place, goods will now be subject to a 15 per cent “world-wide tariff”, Trump posted on his social media platform TruthSocial on…

President Donald Trump said he will increase the global 10% tariff he announced one day ago to 15%, in reaction to the US Supreme Court’s ruling that his mechanism for applying tariffs was illegal. “I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been ‘ripping’ the U.S. off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level,” Trump said in a social-media post on Saturday. Hours after the Supreme Court ruling on Friday, Trump imposed a 10% global tariff…

US President Donald Trump (File photo) US President Donald Trump on Saturday increased the global tariff he had announced a day earlier from 10% to 15%, in a strong reaction to the US Supreme Court’s landmark ruling that dealt a stinging blow to his second tenure as president.In a post on Truth Social, the MAGA supremo wrote, “I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been ‘ripping’ the US off for decades, without retribution (until I came along!), to the fully allowed, and legally…