UN General Assembly opens, Paramount closes Warner deal, AI chip IPO
The United Nations General Assembly opened its 81st session with Secretary-General Guterres warning that diplomacy is faltering amid wars in Ukraine and Gaza. Paramount cleared the final regulatory hurdle to close its $80 billion merger with Warner Bros. Discovery after California settled, though its attorney general opposed the deal. Plus, China's AI chip financing wave ends with a $911 million IPO, and India's power grid strains under a heatwave.
The skinny
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