Euronav and Frontline have come to a deal in the long-simmering battle for control of one of the jewels in the European tanker crown. Two years after John Fredriksen-controlled Frontline first initiated a bidding war for Antwerp-based Euronav the deal on the table sees Frontline walking away with 24 Euronav VLCCs for $2.35bn in exchangeRead More
The Writers Guild of America (WGA) and the the Alliance of Motion Picture and Television Producers (AMPTP) have tentatively agreed to a new contract after a months-long standstill, Variety reports. The writers strike—ongoing since May 2—will continue until the new deal is ratified by vote of its 11,500 members, but picketing has been suspended. TheRead More
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