Friday , 2 January 2026

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Mubadala to sell EMI Music stake to Sony in $1.9 billion agreement

Bloomberg Sony Corp. is buying EMI Music Publishing, getting its hands on a catalog of 2.1 million songs from Beyonce, Carole King and other artists as it embarks on a new growth plan built on content and services. The Japanese company will buy about 60 percent equity interest from a consortium led by from Mubadala Investment Co. for about $2 …

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China trade truce may help give US natural gas $30 billion boost

Bloomberg China’s appetite for US liquefied natural gas may be about to get a lot bigger after the two nations agreed to pull back from the brink of a trade war. If China makes a substantial commitment to buying US LNG, it could bring $30 billion back into the country, according to a Height Securities LLC report. The White House …

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Oil rises as Venezuela sanctions stoke crude supply risk concern

Bloomberg Oil extended gains as a new wave of US sanctions on Venezuela stoked concerns over its crude production and as analysts forecast further declines in American stockpiles. Futures in New York added as much as 0.4 percent after US President Donald Trump ordered sanctions on debt owed to Venezuela after the Latin American country’s President, Nicolas Maduro, won a …

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