Oscars: – Lion’ Is an Emotional Rollercoaster, Says the Real-Life Saroo Brierley

Despite seeing Lion around 20 times, the real-life Saroo Brierley still gets emotional when he sees the Oscar-nominated film based on his epic journey to find his family. The response to the film of Brierley’s story – how he was separated from his family in India at age 5, was adopted by an Australian couple, and embarked on an epic search to find his birth family 25 years later – has been amazing, he says.

Berlin: Bond/360 takes ‘Becoming Who I Was’ for North America

Bond/360 has taken North American rights to Becoming Who I Was , a documentary from directors Chang-Yong Moon and Jin Jeon about a boy recognized as the reincarnation of a Buddhist master. Bond/360 will bow the film, which screened in Berlin’s Generation Kplus sidebar, first in New York then nationwide on its Karma Cinema label before going out on a multi-platform release.

Allianz Tops One-Year High After First-Ever Share Buyback, Dividend Increase

Allianz rose to the highest in more than a year after it launched its first-ever share buyback and boost its annual dividend after better-than-expected full year earnings. Allianz SE shares rose to the highest in more than a year after Europe’s largest insurance company said it would launch its first-ever share buyback and boost its annual dividend after better-than-expected full year earnings.

Audi China Dealers Demand $4 Billion to Cover Sales Losses

Audi dealers in China are demanding 28 billion yuan to cover losses over the past three years that they blame on the automaker adding too many distributors, potentially worsening a sales decline that saw BMW and Mercedes-Benz overtake the luxury brand last month. The dealers met Thursday in Sanya, China, and issued a statement saying their newly formed group would oppose Audi’s planned formation of a second joint venture in China until the German maker managed to reach 1 million in annual sales in the country.

Toshiba Shares Slump After S&P Warns of ‘Selective Default’

Toshiba lurched lower again Friday after S&P warned of a potential ‘selective default’ downgrade for the Japanese conglomerate if it seeks debt financing to assist in its global restructuring. Toshiba Corp. lurched lower again Friday after Standard & Poor’s warned of a potential ‘selective default’ downgrade for the Japanese conglomerate if it seeks debt financing to assist in its global restructuring.

China Indexes Fall, Erasing Most of This Week’s Gains

China’s main stock indexes fell on Friday as investors retreated from brokerage and newly-listed stocks after a recent rally, erasing most of the gains made earlier this week. The blue-chip CSI300 index dropped 0.6 percent to 3,421.44 points, while the Shanghai Composite Index lost 0.9 percent to 3,202.08 points.

Bridgestone in $1.3 Billion Share Buyback After Profit Drop

Bridgestone Corp. said it will purchase up to 150 billion yen in the Japanese tiremaker’s biggest stock buyback since at least 2000 to improve capital efficiency and boost enterprise value. The Tokyo-based company will buy back as many as 50 million shares, or 6.4 percent of stock outstanding, and cancel them in addition to another 20 million in treasury stock, it said in a statement on Friday.

European Stocks Called Lower After Cautious Asia Session

European stocks are expected to open mixed after a softer session in Asia that saw investors trim risk following a dollar retreat and scattered press conference from President Donald Trump. European stocks are expected to open mixed Friday after a softer session in Asia that saw investors trim risk positions following a dollar retreat and scattered press conference from President Donald Trump.

Nikkei Drops as Investors Wary of Fed Talk

Japan’s Nikkei share average fell on Friday with the market wary of a stronger yen and financials weakened as U.S. bond yields fell after comments by a senior U.S. Federal Reserve official were viewed as relatively dovish. The Nikkei ended down 0.6 percent at 19,234.62 points.

Samsung Heir Jay Y. Lee Is Arrested on Bribery Allegations

Samsung Group’s Jay Y. Lee was formally arrested on allegations of bribery, perjury and embezzlement, an extraordinary step that jeopardizes the executive’s ascent to the top role at the world’s biggest smartphone maker. The Seoul Central District Court issued the warrant for Lee’s arrest early Friday.

Samsung Chief Lee Arrested as South Korean Corruption Probe Deepens

Samsung Group chief Jay Y. Lee was arrested early on Friday over his alleged role in a corruption scandal rocking the highest levels of power in South Korea, dealing a fresh blow to the world’s biggest maker of smartphones and memory chips. The 48-year-old Lee, scion of the country’s richest family, was taken into custody at the Seoul Detention Centre after waiting there overnight for the decision.

Oil Firms as OPEC Floats Extended Output Cut

Oil prices edged up on Friday, lifted by a report that producer club OPEC could extend an output cut aimed at reining in a global fuel supply overhang. Brent crude futures were trading at $55.76 per barrel at 0311 GMT , up 11 cents from their last close.

Asia Stocks Ease After Run of Gains; Dollar, Oil Recover

Asian stock markets took a breather on Friday from their recent surge as investors booked profits, while the dollar inched up after Thursday’s slide and optimism over possible renewed supply cuts by OPEC lifted oil prices. MSCI’s broadest index of Asia-Pacific shares outside Japan pulled back 0.1 percent, on track to end the week up 1.3 percent, its fourth straight weekly gain.

Trump dodges when asked whether associates had contact with…

President Donald Trump slammed The New York Times during a press conference on Thursday, claiming its story on contacts between his aides and Russian officials had been “discredited.” The Times reported earlier this week that intercepted phone calls showed that members of Trump’s campaign had multiple communications with senior Russian intelligence officials before the US election.

Managers at a $1 trillion asset manager say investors are…

Investors are focusing on upcoming European elections as risks, but the French outcome matters much more than what happens in Germany, the Netherlands, or Italy. Concerns about China’s economy and the Federal Reserve’s interest-rate decisions were blamed for a stock market sell-off last year The UK’s decision to leave the European Union, and President Donald Trump’s win despite what the polls showed, humbled many people who were sure that the opposite outcomes would happen.