Category: Writes
-
Trudeau Government Teeters in Canada After Deputy Writes a Scathing Resignation
•
Breadcrumb links BMN Business Prime Minister Justin Trudeau’s administration was thrown into crisis when his trusted deputy, Finance Minister Chrystia Freeland, published her resignation letter on Monday, leaving him vulnerable at the worst possible time. Article writer: Bloomberg News Thomas Seale, Brian Platt, Randy Thanthong Knight, and Laura Dillon Kane…
-
Monese acquired by Pockit as HSBC writes off its investment
•
FinTech Monese has been bailed out by Cardiff-based digital banking provider Pockit after HSBC became the latest investor to write off its investment in the struggling London company. The takeover comes after Monese failed to raise new funds and pre-tax losses of £30.5m in 2022, despite revenues rising to £27.7m.…
-
Paramount Global writes down value of cable networks, posts first streaming profit By Reuters
•
By Don Chmielewski (Reuters) – Paramount Global Inc wrote down about $6 billion in the value of its cable networks on Thursday even as the company’s broadcast business reported its first quarterly profit. The decline reflects shrinking viewership at cable networks like Nickelodeon, MTV and Comedy Central, which translates into…