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Warner Bros. To Accept Paramount Bid As Netflix Backs Out; Paramount, Netflix Stocks Up

Warner Bros. To Accept Paramount Bid As Netflix Backs Out; Paramount, Netflix Stocks Up

Warner Bros. Discovery Inc. is gearing up towards accepting a superior all-cash proposal from Paramount Skydance Corp., after streaming video major Netflix Inc. dropped its bid to take over the media and entertainment giant. In the latest develpoment in the merger of majors, Netflix declined to raise its offer, stating that the deal, if revised to match Paramount Skydance's suprior proposal...
RTTNews | 197 days ago
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UK Consumer Confidence Unexpectedly Weakens Amid Financial Worries

UK Consumer Confidence Unexpectedly Weakens Amid Financial Worries

Consumer confidence in the United Kingdom dropped to a three-month low in February, defying expectations for a modest improvement, amid a deterioration in households' assessment of their personal financial situation, results of a survey showed on Friday. The U.K. consumer confidence index fell to -19 from -16 in January, the Consumer Confidence Barometer survey by the GfK revealed.
RTTNews | 197 days ago
European Shares Seen Little Changed At Open

European Shares Seen Little Changed At Open

European stocks are seen opening little changed on Friday as investors monitor the latest AI headlines and keep a close eye on Middle East tensions.
RTTNews | 197 days ago
Australian Market Slightly Lower In Mid-market

Australian Market Slightly Lower In Mid-market

The Australian stock market is alternating across the unchanged line and is now slightly lower in mid-market moves on Friday, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,200 level, with weakness in financial stocks, gains in gold miners and technology stocks as well as a mixed perfor
RTTNews | 197 days ago

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