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Mega merger between Disney and Reliance India: Companies agree to non-binding term sheet; Deal would create media and entertainment power – Deadline

Disney has taken another big step towards realigning its India strategy. The company has signed a non-binding term sheet with Reliance Industries to merge their Indian operations, which would create one of India’s largest entertainment empires. The news was first reported by the Economic Times. Under the terms, Indian billionaire Mukesh Ambani’s Reliance Group would … [Read more…]

The European Central Bank will focus on shrinking its balance sheet as markets bet on interest rate cuts –

Christine Lagarde, President of the European Central Bank (ECB). Bloomberg | Bloomberg | Getty Images FRANKFURT – The European Central Bank is meeting this week with investors who are closely watching when the Frankfurt institution might start cutting interest rates. It will be too early to declare victory in the fight against inflation, but with … [Read more…]