British broadcaster ITV said on Friday it was in talks with pay-TV company Sky, owned by Comcast, over a potential sale of its media and entertainment (M&E) unit for 1.6 billion pounds ($2.15 billion) including debt.ITV’s M&E division, which includes its free-to-air channels and its ITVX streaming platform, is dependent on advertising, and the group has been hit hard by weakness in the ad market. The group, whose shares are trading around the levels they were 13 years ago, said on Thursday its ad revenue would be 9% lower in the last quarter of the year.The potential sale was first…
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These specially configured A350-1000ULRs are expected to enable the world’s longest commercial flights. QantasAustralia’s Qantas on Friday revealed the first images of the specially configured Airbus aircraft set to enable the world’s longest commercial flights.The A350-1000ULR (Ultra Long Range) aircraft was depicted on the assembly line in Toulouse, France, with its fuselage sections, wings, tail section and landing gear now all attached.The aircraft, which is designed to connect travelers in Sydney to London and New York for the first time, will move to a new hangar this week where it will have engines and flight test instruments installed, Qantas said.The…
MUMBAI, INDIA – OCTOBER 18: On Dhanteras, auspicious day, many people purchased new vehicles at the Car Showroom in Thane, on October 18, 2025 in Mumbai, India.Hindustan Times | Hindustan Times | Getty ImagesIndia’s auto industry posted its strongest month on record in October, underscoring a sharp rebound in domestic consumption that could offset the impact of the slowdown in exports to the U.S.Total retail sales across all vehicle segments — from cars to tractors — were up 40.5% from a year earlier, data from the Federation of Automobile Dealers Associations showed.”Both passenger vehicles and two-wheelers achieved lifetime highs, signaling renewed consumer confidence…
Next year is shaping up to be a good one for reshoring stocks, according to Societe Generale. The firm sees three major catalysts ahead for stocks tied to reshoring, which is the return of companies’ overseas operations to the United States. For one, the reshoring trend should get a boost from the so-called One Big Beautiful Bill , which was signed into law in July, Societe Generale strategist Manish Kabra wrote in a note Monday. The most impactful measure in the law is the 100% bonus depreciation for qualified properties acquired and placed in service after January 2025, he said.…
LONDON — European markets are expected to open mixed on Friday as investors react to a U.S. tech sell off.The U.K.’s FTSE 100 is set to open slightly lower, while futures in France’s CAC index and Italy’s FTSE MIB were seen 0.1% higher, according to IG. Germany’s DAX index was seen little changed from the previous session.European stocks closed lower on Thursday, with most sectors and major bourses ending the session in negative territory after a busy earnings day. Drinks giant Diageo was one of the biggest movers. Its stock fell 6.5% after the London-listed firm cut its full-year guidance, citing weakness…
As the end of 2025 looms, one trend looks sure to follow investors into the new year: a widespread reluctance to go all-in on American assets. It started back in April, when U.S. President Donald Trump’s so-called “Liberation Day” drove markets into a frenzy that saw a sell off of American stocks, government bonds and the U.S. dollar. The trades became known as “Sell America” — and in some circles, “ABUSA,” an acronym for the term “Anywhere But the USA.” The intervening months brought the “TACO” (Trump Always Chickens Out) trade when a series of policies were announced then rolled…
Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty ImagesPresident Donald Trump on Thursday struck landmark deals with Eli Lilly and Novo Nordisk to slash the prices of their blockbuster weight loss drugs. Under the agreements, the monthly out-of-pocket cost of popular injections and upcoming pills could range from $50 to $350 starting next year, depending on the dosage and insurance coverage a patient has, Trump administration officials said. Existing GLP-1s, including Eli Lilly’s obesity injection Zepbound and Novo Nordisk’s competitor Wegovy, carry list prices above $1,000 a month, which has prevented…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email’Fast Money’ trader Karen Finerman talks hyperscaler debt and supply and demand concerns around the big players in the space.03:41Thu, Nov 6 20255:27 PM EST Source link
Security officials walk the perimeter outside the Malcolm Grow Medical facility on Andrews AFB in Morningside, Maryland.The Washington Post | The Washington Post | Getty ImagesA suspicious package was delivered to a U.S. military base in Maryland, which caused multiple people to fall ill and led to several being taken to the hospital, CNN reported on Thursday.A statement from Joint Base Andrews, located outside Washington, D.C., said a building on the base was evacuated after an individual “opened a suspicious package”, according to CNN.Several people were transported to the Malcolm Grove Medical Center on the base, it said.”As a precaution, the building and connecting building were evacuated, and a cordon was established around the area,” CNN said, citing the statement from the base.”Joint Base Andrews first responders were dispatched to the scene, determined…
Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company’s IPO at the Nasdaq MarketSite in New York City, U.S., Sept. 12, 2025.Jeenah Moon | ReutersA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Investment firms of ultra-rich families have scaled back their deal-making throughout 2025, and the last quarter of the year is not off to a promising start. In October, family offices made 51 direct investments, down 63% on an annual basis, according to data provided…
