SAG-AFTRA said today that its scheduled talks with the video game industry, which began Tuesday, have ended with no agreement. In a terse statement tonight, the union said: SAG-AFTRA and video game employers concluded scheduled negotiations for the Interactive Media Agreement. No deal was reached and the current agreement will remain in effect while the parties make final efforts to […]

In a close call, the Bank of England kept its benchmark rate unchanged unexpectedly for the first time since November 2021 as inflation eased to an 18-month low, while the economy is moving closer to a mild recession. The BoE Monetary Policy Committee, headed by Governor Andrew Bailey, voted by a narrow margin of 5-4 to maintain the bank rate […]

Fed keeping rates on hold and also implying another rate hike for the year swayed market sentiment across asset classes and regions. Meanwhile, central banks of Sweden and Norway raised rates by 25 basis points whereas the Swiss National Bank opted for a pause. The Bank of England’s decision is awaited. Wall Street Futures are trading in negative territory. European […]

The non-life-insurance industry had moderate growth of 15 per cent year-on-year (Y-o-Y) in August 2023. Core retail segments like motor and health continue to report strong growth of 19-20 per cent with competitive intensity still visible in the motor OD (owner driven) segment. Commercial lines reported muted growth. Group health remains a key driver. Among the listed companies, ICICI Lombard […]

EXCLUSIVE: When SAG-AFTRA resumes bargaining with the Association of Motion Picture and Television Producers on Monday, the talks won’t be held at the AMPTP’s offices in Sherman Oaks, CA, as they had been before the guild went on strike in July. Deadline has learned that SAG-AFTRA officials have insisted on a venue change because they weren’t happy with the AMPTP’s […]

Cinespace Studios said today it’s acquiring two EUE/Screen Gems campuses, in Atlanta and Wilmington, North Carolina, in an ongoing push to diversify its portfolio of studio and  accommodate productions of all sizes in one global network.   The locations will operate as Cinespace Atlanta (the home of Netflix’ Stranger Things) — and Cinespace Wilmington. Financial details weren’t disclosed. “We’re excited to […]

EXCLUSIVE: Following the TIFF world premiere of Unicorns, the buzzy cross-cultural romance marking his feature acting debut, British actor and singer Jason Patel has taken on new reps at Gersh and Untitled Entertainment. World premiering up north just a few weeks ago, the film from Sally El-Hosaini and James Krishna Floyd has him starring as Aysha, a British Indian drag […]

After reporting a sharp pullback in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Wednesday unexpectedly showing a modest rebound in durable goods orders in the month of August. The Commerce Department said durable goods orders crept up by 0.2 percent in August after plunging by a revised 5.6 percent […]

IndiGo’s size should be compared with global carriers, and not other domestic airlines, chief executive officer Pieter Elbers said on Tuesday, adding that such benchmarking will help India transform its airports into aviation hubs. Elbers flagged the tendency to scrutinise domestic competition, assess fares on domestic routes, and determine if they are high. “But if we want to build some […]

The iconic brand is considering petrol powertrains for its entire Indian portfolio, which includes the Jeep Compass, Meridian, Grand Cherokee and Wrangler. Jeep India is looking to double its monthly sales to 1,000 units, riding on the new affordable versions of its existing portfolio. The iconic brand, now part of the Stellantis Group, is also considering having petrol powertrains for […]