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Paramounts $108bn bid for Warner Bros clears US antitrust hurdle
Posted onUnlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Paramount Skydance’s $108bn bid to gatecrash Netflix’s deal for Warner Bros Discovery has cleared a key US antitrust hurdle, in a signal of support from the Trump administration. The media group, whose bid…
What’s behind Rachel Reeves’s hokey cokey on income tax rises?
Posted onAfter weeks of wondering will she, won’t she, and recent heavy hints that she would indeed raise income taxes in the Budget, Chancellor Rachel Reeves has now decided against the manifesto-breaching move. Amid the fog of Budget speculation, here is what we do know. That plan, to raise income tax rates by 2p but compensate…
ITV in talks to sell television business to Sky
Posted onFaarea MasudBusiness reporter Getty Images ITV has said it is in “preliminary” discussions to sell its television business to Sky for £1.6bn. The talks focus on ITV’s Media and Entertainment division, which include its TV channels as well as its streaming service, ITV X. The discussions with Sky, which is owned by US-based Comcast, come…
Japan is facing a dementia crisis – can technology help?
Posted onSuranjana TewariAsia Business Correspondent, Tokyo BBC Scientists at Waseda University in Tokyo are developing caregiving robots Last year, more than 18,000 older people living with dementia left their homes and went missing in Japan. Almost 500 were later found dead. Police say such cases have doubled since 2012. Elderly people aged 65 and over now…
UK drug price rises ‘necessary’, says Lord Patrick Vallance
Posted onThe price the NHS pays for medicines will need to rise to stop a wave of pharmaceutical investment leaving the UK, science minister Patrick Vallance has said. His comments follow several recent announcements from some of the world’s largest drug companies either pausing or scrapping UK projects. Critics in the sector say low prices for…
