WS #13523
UK CMA formally cleared Paramount Skydance's acquisition of Warner Bros. Discovery, removing a major regulatory hurdle and boosting WBD and PARA. Gold is at seven-week highs on weak ADP data and Hormuz hopes, with gold above $4,250, reflecting safe-haven demand and rate cut expectations.
Paramount-WBD M&A Clearance
UK CMA formally cleared Paramount Skydance's acquisition of Warner Bros. Discovery, removing a major regulatory hurdle and boosting WBD and PARA.
Gold is at seven-week highs on weak ADP data and Hormuz hopes, with gold above $4,250, reflecting safe-haven demand and rate cut expectations.