Advertisement
Singapore markets closed

  • Straits Times Index

    3,313.48
    +8.49 (+0.26%)
     

  • Nikkei

    38,787.38
    -132.88 (-0.34%)
     

  • Hang Seng

    19,553.61
    +177.08 (+0.91%)
     

  • FTSE 100

    8,420.26
    -18.39 (-0.22%)
     

  • Bitcoin USD

    66,814.36
    +1,510.83 (+2.31%)
     

  • CMC Crypto 200

    1,364.28
    -9.56 (-0.70%)
     

  • S&P 500

    5,303.27
    +6.17 (+0.12%)
     

  • Dow

    40,003.59
    +134.21 (+0.34%)
     

  • Nasdaq

    16,685.97
    -12.35 (-0.07%)
     

  • Gold

    2,419.80
    +34.30 (+1.44%)
     

  • Crude Oil

    80.00
    +0.77 (+0.97%)
     

  • 10-Yr Bond

    4.4200
    +0.0430 (+0.98%)
     

  • FTSE Bursa Malaysia

    1,616.62
    +5.51 (+0.34%)
     

  • Jakarta Composite Index

    7,317.24
    +70.54 (+0.97%)
     

  • PSE Index

    6,618.69
    -9.51 (-0.14%)
     

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)