German lawmakers are widely expected to approve a defense procurement package exceeding 50 billion euros on Wednesday, marking one of the most significant military spending decisions in the country’s post-war history. The move reflects a broader shift in Germany’s security policy as the government seeks to strengthen national and allied defense capabilities following Russia’s invasion of Ukraine. Agenda documents for the Bundestag’s Budget Committee indicate that members are

U.S. crude oil prices fell to their lowest level since May on Tuesday, deepening a prolonged downturn that has put the market on track for its weakest annual performance in seven years. The decline reflects growing concerns over a looming supply surplus and shifting expectations around geopolitical risks, particularly the possibility of a peace agreement between Ukraine and Russia. West Texas Intermediate crude briefly dropped to $55.69 per barrel, while global benchmark Brent crude

Paramount Skydance has escalated its long-running pursuit of Warner Bros. Discovery by launching a hostile takeover bid valued at $30 per share, moving directly to shareholders after earlier attempts failed to gain traction. The all-cash offer matches the proposal that Warner Bros. Discovery declined last week and places the company’s enterprise value at approximately $108.4 billion. Paramount’s decision to bypass company leadership signals its determination to remain a central contender