Negotiations Financial News

Hollywood studios and striking screenwriters are resuming negotiations for the second day in a row

Negotiations between striking screenwriters and Hollywood studios resume Wednesday, the latest attempt to bring an end to pickets that have brought film and television productions to a halt

The Jerusalem Post citing the report, Riyadh has communicated through the United States that the "extremist" character of Israel's right-wing government, led by Prime Minister Benjamin Netanyahu, is obstructing any potential improvement in relations with the Palestinians, consequently affecting ties with Saudi Arabia. The report also mentioned that Saudi Arabia was discouraged from pursuing a potential peace agreement because of Netanyahu's willingness to accommodate the demands of individuals like National Security Minister Itamar Ben-Gvir and Finance Minister Bezalel Smotrich, whom the Saudis perceive as being from the "far-right" political spectrum.

Contract talks that could end Hollywood’s writers strike are set to resume next week

Hollywood's writers strike are set to resume next week, studios said on Thursday. The Alliance of Motion Picture and Television Producers, which represents the industry's studios, streaming services and production companies in union negotiations, said in a statement that they had reached out to the Writers Guild of America on Wednesday and the two sides agreed to resume negotiations next week. Leaders are still working out the details, the statement said, and no further specifics were provided. «Every member company of the AMPTP is committed and eager to reach a fair deal, and to working together with the WGA to end the strike,» the statement said. There are no talks yet planned to settle the actors strike. Writers have been on strike for 4 1/2 months over issues including pay, job security and regulating the use of artificial intelligence. A previous attempt to restart talks fell flat.

Hindustan Times, citing media reports, India circulated the final draft to the G20 members on Friday night, saying if the group leaders did not agree to it, there would be no declaration. Speaking about the declaration, Amitabh Kant said that the most complex part of the entire G20 Summit was to bring consensus on the geopolitical paras which took more than 200 hours of non-stop negotiations. “The most complex part of the entire #G20 was to bring consensus on the geopolitical paras (Russia-Ukraine).

G20 declaration that was adopted at the Leaders' Summit here, India's G20 Sherpa Amitabh Kant said on Sunday. The team of diplomats, including joint secretaries Eenam Gambhir and K Nagraj Naidu, held 300 bilateral meetings and circulated 15 drafts with their counterparts on the contentious Ukraine conflict to drive home a consensus that was clinched on the first day of the G20 Leaders Summit itself. «The most complex part of the entire G20 was to bring consensus on the geopolitical paras (Russia-Ukraine).

Narendra Modi met UK PM Rishi Sunak on Saturday, during the latter’s first visit to India, on the sidelines of the G20 Summit in New Delhi. This was Sunak’s first visit to India after taking office as Prime Minister in October 2022. “The two leaders noted with satisfaction the progress in diverse areas of bilateral cooperation as per the India-UK Comprehensive Strategic Partnership as well as the Roadmap 2030, particularly in economy, defence and security, technology, green technology and climate change, health and mobility sectors.

Comcast and Disney have agreed to move up the date on which they begin negotiating the fate of their jointly-owned streaming service, Hulu, the cable company’s CEO said Wednesday. The companies plan to begin work negotiating a potential sale of Comcast’s minority stake in Hulu on Sept. 30, months earlier than their initial January start date.

Origin Energy stands to increase gross earnings by about $650 million in 2025-26 if its huge Eraring coal power generator remains open, according to Morgan Stanley estimates, in findings that may play into the terms of a deal expected to be struck with the NSW government to extend its life.

India and the United Kingdom are speeding up their efforts to finalize a Free Trade Agreement (FTA) by the end of the year, with the 13th round of negotiations scheduled for later this month. The recent conclusion of the 12th round of discussions on August 31, 2023, signals the determination of both nations to make progress in this important economic partnership.

Breaking Bad" has reunited to call upon Hollywood studios to resume negotiations with striking screen actors. «We want you to come back to the table with us,» Bryan Cranston said in a plea to the Alliance of Motion Picture and Television Producers outside Sony Pictures Studios on Tuesday. Cranston was joined by Aaron Paul, Jesse Plemons and other members of the «Breaking Bad» universe in an effort to energise picket lines more than a month after SAG-AFTRA joined striking Hollywood writers. Both guilds are seeking to address issues brought about by the dominance of streaming services, which have changed all aspects of production and pay in the industry. «The way things were structured 10 years ago made a lot of sense and it made it more possible for journeymen-type actors, actors in the middle that are working just as a hard or harder,» Plemons said. By its final season, which aired more than a decade ago, «Breaking Bad» was one of the most watched and highest rated cable TV shows ever. The AMC hit series has achieved enduring popularity on Netflix, but its stars say that has not been reflected in their pay. «I don't get a piece from Netflix on 'Breaking Bad' to be totally honest and that's insane to me,» Paul said.

President Joe Biden is touting his administration's efforts to lower medical costs

Medicare, taking aim at some of the most widely used and costliest medicines in America. At stake is arguably the government’s strongest effort to date to tackle high drug costs—if drugmakers can’t persuade courts to scuttle the negotiating powers that Medicare was granted last year. On the list of targeted medicines announced by the Biden administration Tuesday are treatments for cancer, diabetes and heart disease that can cost tens of thousands of dollars a year or more, including blood thinner Eliquis and diabetes treatment Jardiance.

Diabetes drug and blood thinner Eliquis among first 10 targeted for price negotiations in effort to cut Medicare costs

The Biden administration has today taken a significant step towards addressing the affordability of prescription drugs for older Americans.

President Joe Biden’s administration is set to announce the first prescription drugs being targeted by the U.S. government for price negotiations as part of an effort to lower Medicare costs

Egypt, Ethiopia and Sudan have resumed their years-long negotiations over the controversial dam Ethiopia is building on the Nile River’s main tributary

The commerce ministry Sunday said the Indian and UK officials will continue their negotiations till the month-end to resolve the differences on the proposed free trade agreement (FTA) reported PTI. The meeting will be followed by a review at the higher level, it said. After the G20 Trade and Investment Ministers Meeting (TIMM) at Jaipur, the progress of the FTA negotiations was reviewed by Commerce and Industry Minister Piyush Goyal and UK's Secretary of State for Trade Kemi Badenoch on August 26.

FTA), the commerce ministry said on Sunday.

The union representing 340,000 UPS workers says its members voted to approve the tentative contract agreement reached last month