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Warner Bros. Discovery suing NBA amid media rights deals

ISTANBUL: Warner Bros. Discovery (WBD) said Friday it is suing the National Basketball Association (NBA) amid its new media rights deals with other companies.

“Given the NBA’s unjustified rejection of our matching of a third-party offer, we have take…

Global economy has increasing likelihood of soft landing: G20

ISTANBUL: There is an increasing likelihood of a soft landing by the global economy, although multiple challenges remain, G20 finance ministers said Friday.

Global inflation continues to come down from high levels due to well-calibrated monetary poli…

US charges short seller in $16M stock market manipulation scheme

ISTANBUL: The US has charged short seller Andrew Left with multiple counts of securities fraud in connection with a long-running stock market manipulation scheme that netted at least $16 million in profits.

Left, 54, a securities analyst and trader, …