Advertisement
Australia markets closed

  • ALL ORDS

    8,082.30
    -67.80 (-0.83%)
     

  • ASX 200

    7,814.40
    -66.90 (-0.85%)
     

  • AUD/USD

    0.6695
    +0.0015 (+0.22%)
     

  • OIL

    80.00
    +0.77 (+0.97%)
     

  • GOLD

    2,419.80
    +34.30 (+1.44%)
     

  • Bitcoin AUD

    99,594.43
    +2,162.40 (+2.22%)
     

  • CMC Crypto 200

    1,363.72
    -10.12 (-0.74%)
     

  • AUD/EUR

    0.6155
    +0.0016 (+0.26%)
     

  • AUD/NZD

    1.0905
    -0.0001 (-0.01%)
     

  • NZX 50

    11,699.79
    -28.27 (-0.24%)
     

  • NASDAQ

    18,546.23
    -11.73 (-0.06%)
     

  • FTSE

    8,420.26
    -18.39 (-0.22%)
     

  • Dow Jones

    40,003.59
    +134.21 (+0.34%)
     

  • DAX

    18,704.42
    -34.39 (-0.18%)
     

  • Hang Seng

    19,553.61
    +177.08 (+0.91%)
     

  • NIKKEI 225

    38,787.38
    -132.88 (-0.34%)
     

PRESS DIGEST- New York Times business news - May 3

Reuters
·1-min read

May 3 (Reuters) - Following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- Sony Pictures Entertainment and the private equity giant Apollo Global Management have formally expressed interest in acquiring Paramount for roughly $26 billion.

- TikTok and Universal Music Group have reached a new licensing deal where the companies said that they had agreed to a "multi-dimensional" new deal that included improved remuneration for Universal's roster of artists and songwriters.

- Peloton said that its chief executive, Barry McCarthy, was stepping down and that it would reduce head count by 15 percent, as it continued to struggle in the fitness market.

- The Federal Trade Commission approved Exxon Mobil's acquisition of Pioneer Natural Resources for $60 billion deal as long as Exxon excludes Pioneer's chief executive from its board. (Compiled by Bengaluru newsroom)