April 19 Reuters Procter Gamble raised its annual core profit forecast on Friday, as it benefits from easing commodity costs and higher product prices of its cleaning and household items. As raw material prices come down from the peaks seen during the pandemic, major consumer goods companies are seeing a relief from higher production costs. PG […]

April 19 Reuters Netflix shares fell on Friday, as its surprise move to stop sharing subscriber additions and average revenue per member from 2025 sowed doubts in investor minds about growth peaking in some markets for the streaming pioneer. The decision to hold back crucial metrics that have moved the stock market comes as Wall Street […]

April 19 Reuters South Korea39;s Hyundai said on Friday that it had paused advertising on X, formerly known as Twitter, and is speaking to the Elon Muskowned social media platform directly about brand safety issues. It was not immediately clear why the auto giant had paused the advertisements on the site, and Reuters has sought a […]

Reuters Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global, according to a person familiar with the matter. The companies have yet to approach Paramount, which is in exclusive deal talks with Skydance Media, an independent studio led by David Ellison, though some investors have urged Paramount to explore other options. The […]

TOKYO, April 19 Reuters Nissan Motor slashed its annual operating profit estimate by 14.5 on Friday, citing lowerthanexpected vehicle sales and other factors. Japan39;s thirdlargest automaker by volume now estimates an operating profit of 530 billion yen 3.43 billion instead of 620 billion yen for the year that ended in March. Net profit is now estimated […]

April 19 Reuters Shares of Paramount Global rose more than 9 in premarket trade on Friday, after Reuters reported Sony Pictures Entertainment and Apollo Global Management were discussing a joint bid to acquire the media company. Paramount is currently engaged in exclusive deal talks with Skydance Media, an independent studio led by David Ellison, though some investors have urged Paramount to explore other […]