The Independent

 Gautam Adani and his family are now worth Rs11,600bn (£104.4bn), making him the richest person in Asia, according to the Hurun India Rich List.Mr Adani’s wealth has surged by 95 per cent, going from Rs4,740bn (£42.66bn) to Rs116,000bn, recovering well from the Hindenburg Report.Reliance Industries chairman and managing director Mukesh Ambani, who was Asia’s richest man and recently threw an extravagant wedding for his youngest son, saw his overall wealth increase by 25 per cent to Rs10,140bn (£91.26bn).The Hindenburg report, titled “Adani Group: How the World’s 3rd Richest Man is Pulling the Largest Con in Corporate History” was published...

Asia has a new richest person as India’s Mukesh Ambani unseated at top of billionaires’ list

The venture will form India's biggest entertainment player, competing with Sony, Netflix, and Amazon.

India approves $8.5bn Reliance-Disney entertainment mega-merger

Brazil’s Administrative Council for Economic Defense (CADE) has initiated multiple investigations into recent AI acquisitions by major technology companies, including Amazon, Microsoft, and Google. These investigations focus on the companies’ purchases of artificial intelligence startups, a move that has raised concerns among regulators worldwide. According to The Brazilian...

Brazil Launches Antitrust Investigations into Big Tech AI Acquisitions

The Competition Commission of India (CCI) said the deal had been approved subject to modifications submitted voluntarily by the companies, without sharing further details. A detailed order will be issued in coming days, clearing what was seen as the biggest hurdle for the deal. To get the merger over the...

Disney, Reliance overcome cricket concerns to win approval for $8.5 billion India merger

Variety


				












Disney-Reliance Entertainment Merger Approved by Indian Regulator




	Investment in content for the theatrical film, TV and streaming markets of India and East Asia amounted to $15.5 billion in 2023, a new report shows. But spending slowed to a growth rate of just 4%, a significant slowdown compared with the investment peak in 2021-22, driven by COVID.




	Media Partners Asia’s (MPA) 2024 Asia Video Content Dynamics, report which covers India, Korea, Indonesia, Philippines, Singapore, Thailand and Vietnam, describes the slowdown as “a normalization of budgets and a rationalization of local content investment in streaming VOD.”




	India was the strongest-growing market, with a robust 12%...

Asia Content Investment Slows to Single-Figure Growth, Says Report: ‘Many Traditional TV Drama Producers Are Struggling to Compete’

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Total Apex Sports & Entertainment

Virgo season will progress well on August 27. Three struggling zodiac signs will tap Gemini’s immense energy which will help them end their grief. The Half Moon will test their resolve to heal and desire to continue facing hardships. Still, Gemini’s healing vibe will inspire them to end their hardships and change existing circumstances.

3 Zodiac Signs Whose Hardships End on August 27, 2024

Business Insider

Almost all Chinese banks, even small regional ones, are refusing to accept direct transactions from Russia, business execs have told Russian media.

Nearly all Chinese banks are refusing to process payments from Russia, report says

NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Popular on-chain analyst Willy Woo is predicting that Bitcoin (BTC) will ultimately hit a massive value for one key reason. Woo tells his 1.1 million followers on the social media platform X that Bitcoin could capture 3% of the total wealth assets and soar more than 975% from the current value.

Bitcoin To Explode by at Least 975% To Reach Ultimate Price, Says Analyst Willy Woo – Here’s the Timeline

Wellington, FL

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Akeena

In a turn of events that has left many locals surprised, Star Wellington LLC, the company behind two popular Italian restaurants in Wellington, has filed for Chapter 11 bankruptcy. The company, which owns Franco Italian Bistro and Victor’s Pizza Café, made the filing on August 23rd, citing over $2.4 million in debt against just over $300,000 in assets.

Florida Based Owner of Italian Restaurants Files for Bankruptcy

Los Angeles County, CA

Herbie J Pilato

It's been 14 years since actor James MacArthur died of natural causes at only 72 years old. Best known as Danny “Danno” Williams on the original TV adaptation of Hawaii Five-0 (the famed crime-adventure series, CBS, 1968-1980), MacArthur was the adopted son of acting legend Helen Hayes. This is his story.

'Hawaii Five-0'' Actor James MacArthur Was Adopted by Helen Hayes: A Look Back at His Tragic Death

CBS Pittsburgh

PITTSBURGH (KDKA) -- Nippon Steel, the Japanese company with plans to take over U.S. Steel, has pledged to invest $1 billion into the company's Mon Valley Works operation.  The Tokyo-based company announced Wednesday that the massive investment into the plant will help with increasing efficiency and quality, as well as helping to bolster the American steel supply. The $1 billion investment is nearly twice what the company had previously promised."Nippon Steel plans to ensure Mon Valley Works operates for decades to come and will undertake the necessary investments so that it remains viable and provides jobs for future generations of steelworkers...

Nippon Steel announces $1 billion investment into Mon Valley Works plant

Lawrence Township, NJ

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Morristown Minute

A couple from Lawrence Township, New Jersey, admitted in federal court to conspiring to submit fraudulent asylum applications on behalf of non-citizen clients, according to U.S. Attorney Philip R. Sellinger.

NJ Couple Guilty of Submitting Fraudulent Asylum Applications

It's been two decades since beloved actor Brian Kelly died of pneumonia at 73 in 2005. Best known as Porter Ricks in the classic TV family show Flipper(NBC, 1964-1967), Kelly had once suffered a paralyzing motorcycle accident that ended his acting career. However, he rechanneld his creative talent and became a producer. This is his story.

The Paralyzing Accident & Tragic Death of TV's 'Flipper' Father Brian Kelly: Two Decades Later

China lost a record $15 billion of foreign investment last quarter, state data showed. If the decline continues through 2024, it would be the first annual net outflow of cash since at least 1990, Bloomberg reported, reflecting investors’ “deep pessimism” about China’s slowing economy as foreign firms scramble to reduce their exposure in light of Beijing’s growing hostility with the West.

Foreign investors pull out of China

In 2023, India surpassed China as the most populous country, and is expected to continue growing over the next several decades. Meanwhile, China’s population peaked at 1.4 billion and then began shrinking. China’s population is projected to decrease to 1.3 billion by 2050 or even 770 million by 2100.

China’s economic death has already been decided

Wyoming State

Cheyenne, WY

WyoFile

WHITE MOUNTAIN—“That’s a lot of horses,” lamented Cheyenne resident Robyn Smith from a high-desert ridgeline. It wasn’t her first exasperated exclamation. “Argh, oh crap,” was her immediate reaction to learning a federal judge had given the Bureau of Land Management the OK to proceed with plans to fully remove two wild horse herds from the landscape in southwest Wyoming.

BLM wins two lawsuits, clearing way for elimination of two Wyoming wild horse herds

Maine State

The Maine Monitor

As Maine works to address its housing crisis, much of the attention is focused on the need for new development. But there’s another issue at hand: the state’s aging housing stock.

A look at Maine’s aging housing stock

Dania Beach, FL

If you’ve recently shopped at the Walmart Neighborhood Market on East Sheridan Street in Dania Beach, you might want to double-check your purchases. A recent inspection by the Florida Department of Agriculture revealed some alarming issues, including moldy meat and improperly stored chicken.

Moldy Meat and Warm Chicken: Walmart Neighborhood Market  Faces Inspection Troubles in Florida

Reuters

MEXICO CITY (Reuters) -Mexico's President Andres Manuel Lopez Obrador and his elected successor defended their proposed judicial overhaul on Monday, as a major U.S. business lobby added its voice to concerns over the reform's impact on investment.

Mexico president defends judicial overhaul as US concerns mount

NewsBreak

Disney and Reliance Gain Approval for $8.5 Billion Media Merger in India

Walt Disney and Reliance Industries have received regulatory approval for their highly anticipated $8.5 billion merger of Indian media assets, after addressing concerns about their dominant...

Disney and Reliance Gain Approval for $8.5 Billion Media Merger in India

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