Stay updated with breaking news from Category All. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Paramount Global’s share price soared on Thursday following a report that Sony Pictures and Apollo Global Management had made a $26bn offer for the troubled media giant. According to the Wall Street Journal, the offer was made on Wednesday by Sony’s chief executive, Tony Vinciquerra, and Aaron Sobel, a partner at Apollo. Paramount’s shares rose 12% on the news. – Guardian
RBC Capital Markets has raised its forecasts for Shell and kept an 'outperform' rating, saying the business was "firing on most cylinders" in the quarter.
Drinks group Diageo has announced that it is replacing its chief financial officer with the head of finance from Coca-Cola Europacific Partners, as it says goodbye to Lavanya Chandrashekar after three years on the board.
Hiring in the U.S. slowed by noticeably more than expected in April, alongside lower than expected wage growth.
The jobless rate in the eurozone held steady at a record low for the fifth straight month in March, according to figures released on Friday by Eurostat.