Warner Bros. Discovery and Comcast are in a race to secure the last remaining media partnership with the National Basketball Association, after Disney and Amazon have snagged the first two spots. Comcast is offering the NBA $2.5 billion a year, according to a report by the Wall Street Journal. This is more than double the $1.2 billion that Warner Bros. Discovery currently pays the NBA annually. Subscribe to CNBC International TV: http://cnb.cx/2wAkfMv Subscribe to CNBC International: http://cnb.cx/2gft82z LinkedIn: https://www.linkedin.com/showcase/cnbc-international/ TikTok: https://www.tiktok.com/@cnbci Facebook: https://www.facebook.com/cnbcinternational Instagram: https://www.instagram.com/cnbcinternational/ Threads: https://www.threads.net/@cnbcinternational X: https://twitter.com/CNBCi Telegram: https://t.me/cnbci
China “will only become more open to FDI” in the future, but there are still some uncertainties that remain in the way, says this economist. Subscribe to CNBC International TV: http://cnb.cx/2wAkfMv Subscribe to CNBC International: http://cnb.cx/2gft82z LinkedIn: https://www.linkedin.com/showcase/cnbc-international/ TikTok: https://www.tiktok.com/@cnbci Facebook: https://www.facebook.com/cnbcinternational Instagram: https://www.instagram.com/cnbcinternational/ Threads: https://www.threads.net/@cnbcinternational X: https://twitter.com/CNBCi Telegram: https://t.me/cnbci
Turkey has cut trade ties with Israel over the war in Gaza after Israel rejected its request to take part in an aid air-drop. The restrictions will apply to the export of products from 54 different categories, including iron, steel, cement, fertilizer and aviation fuel. Subscribe to CNBC International TV: http://cnb.cx/2wAkfMv Subscribe to CNBC International: http://cnb.cx/2gft82z LinkedIn: https://www.linkedin.com/showcase/cnbc-international/ TikTok: https://www.tiktok.com/@cnbci Facebook: https://www.facebook.com/cnbcinternational Instagram: https://www.instagram.com/cnbcinternational/ Threads: https://www.threads.net/@cnbcinternational X: https://twitter.com/CNBCi Telegram: https://t.me/cnbci
There will probably be some indication of economic reform and foreign opening at China’s “Third Plenum” meetings, which is slated to take place in July, said this strategist. Another area of interest is the government’s tone on the property sector, he said. China’s plenum meetings are hallmarks of the country’s political calendar. Seven plenums typically take place during the five-year term of the ruling Central Committee. The third plenum usually emphasizes economic issues. Subscribe to CNBC International TV: http://cnb.cx/2wAkfMv Subscribe to CNBC International: http://cnb.cx/2gft82z LinkedIn: https://www.linkedin.com/showcase/cnbc-international/ TikTok: https://www.tiktok.com/@cnbci Facebook: https://www.facebook.com/cnbcinternational Instagram: https://www.instagram.com/cnbcinternational/ Threads: https://www.threads.net/@cnbcinternational X: https://twitter.com/CNBCi Telegram: https://t.me/cnbci
There is some ‘fluff’ in India’s economic growth rate, said Raghuram Rajan, former governor of the Reserve Bank of India, as it does not sufficiently account for inflation and over-represents growth from large firms in its calculation. A growth rate calculated using readjusted numbers is estimated to be closer to 6-6.5%, which is still “a pretty good number,” he said. Subscribe to CNBC International TV: http://cnb.cx/2wAkfMv Subscribe to CNBC International: http://cnb.cx/2gft82z LinkedIn: https://www.linkedin.com/showcase/cnbc-international/ TikTok: https://www.tiktok.com/@cnbci Facebook: https://www.facebook.com/cnbcinternational Instagram: https://www.instagram.com/cnbcinternational/ Threads: https://www.threads.net/@cnbcinternational X: https://twitter.com/CNBCi Telegram: https://t.me/cnbci
