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Amazon may announce deal to acquire MGM

Bloomberg Amazon.com Inc was expected to announce an acquisition of the Metro-Goldwyn-Mayer (MGM) movie studio on Tuesday, according to a person familiar with the matter, marking the e-commerce giant’s biggest push yet into Hollywood. Amazon is in talks to pay almost $9 billion for the business, said the person, who asked not to be identified because the deliberations are private. ...

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Swedish brothers ride oat milk boom to $562m gains

Bloomberg It began with a group of scientists and a wild idea: That the byproduct remaining after making oat bran could be turned into non-dairy milk. That idea became the foundation of Oatly Group AB, the Swedish oat milk company that debuted in New York after raising $1.4 billion in an IPO. The share sale cements the fortunes of one ...

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Mali vice president fires detained president, PM

Bloomberg Malian Vice President Assimi Goita said he fired the nation’s president and prime minister, hours after the two men were detained by mutinous soldiers. “In light of recent events, I feel obliged to relieve the president and prime minister of their functions to defend the republic,” Goita said in a statement read on state television on Tuesday by Baba ...

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