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ECB Governing Council member Knot: The central banks monetary policy meeting (decision) in June will be very complicated. Medium-term inflation risks actually include both upside risks and downside risks.On April 28, sources said that the ECB decision-makers are increasingly confident that they will cut interest rates in June in response to the continued decline in inflation, but they will not make a large cut. Last week, several ECB members attended the Spring Meetings of the International Monetary Fund (IMF) and the World Bank and talked about the possibility that the eurozone and global economy may deteriorate due to US tariffs. At the same time, the latest economic data released by the eurozone also reflects this phenomenon. As for inflation, there is no sign of deterioration due to tariffs. Sources said that more ECB members believe that it is a more appropriate decision to make the eighth consecutive interest rate cut of 0.25% at the interest rate meeting on June 4. The ECB will also release its latest economic forecasts on the same day. However, ECB officials remain open-minded and will make a final decision based on the data released next month.Russian Foreign Minister Lavrov: Russia has not received any proposal from the United States to assist in the operation of the Zaporizhia nuclear power plant.Russian Foreign Minister Lavrov: Russia will continue to strike targets used by the Ukrainian military as well as foreign fighters and military instructors sent by Europe.According to the Russian Ministry of Emergency Situations, a passenger plane from Moscow to Nalichik, the capital of the Kabardino-Balkarian Republic, returned to the airport due to a malfunction of the cabin pressurization equipment after takeoff on April 27. The plane has landed safely at Moscow Sheremetyevo Airport. It is reported that the plane involved in the accident was a Boeing-737 belonging to Russias Victory Airlines.

Warner Bros. Discovery re-ups its CFO and other key execs

Aria Thomas

Jul 15, 2022 10:26

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According to a Thursday filing, Warner Bros. Discovery (NASDAQ:WBD) has extended the contracts of its finance and strategy leaders.


Bruce Campbell's contract was extended to July 2025, while Gunnar Wiedenfels' was extended until July 2026.


Campbell and Jean-Briac Perrette, president of Warner Bros. Discovery Global Streaming and Interactive Entertainment, played significant roles in the establishment of Hulu, the streaming service that is today majority-owned by Disney.


In April, Discovery announced many additions to the Warner Bros Discovery executive team, including Campbell and Wiedenfels.


Warner Bros. stated on Thursday that Wiedenfels now oversees worldwide corporate technology and broadcast operations, as well as facilities, security, and studio operations.


In April, the company gained over two million paid streaming customers in the first quarter, while market leader Netflix (NASDAQ:NFLX) lost subscribers for the first time in more than a decade.