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UK’s Cineworld agrees to buy US’ Regal in $3.6bn deal

Bloomberg The UK’s Cineworld Group Plc agreed to buy US theatre operator Regal Entertainment Group for about $3.6 billion to expand into the biggest movie market. The $23-a-share deal comes a week after the companies confirmed news reports of takeover discussions, jolting cinema-operator stocks. The price represents a 26 percent premium to Regal’s close on November 27, the day before ...

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Saudi bombs Yemen palace as conflict takes new turn

Bloomberg Saudi Arabian warplanes bombed the presidential palace in Yemen’s capital, stepping up attacks on Houthi rebels after they killed the country’s former president just when he appeared set to switch sides and offer the Saudis a way out of the conflict. The palace in Sana’a, currently used by the Houthi leadership, was pounded by at least seven airstrikes late ...

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Court lets Trump travel ban take full effect for now

Bloomberg A divided US Supreme Court let President Donald Trump’s travel ban take full effect while legal challenges go forward, handing him a major vict- ory and suggesting the court ultimately will uphold the restrictions. Trump will now be able to bar or restrict entry by people from six mostly Muslim countries, even if they have a relationship with a ...

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