Three big problems with ITV’s talks to sell television business to Sky: price, politics and regulation | Nils Pratley

Do a sum-of-the-parts analysis on ITV, City analysts have been saying for years, and you can come up with valuations way above the depressed share price. It’s just a question of someone making a decent offer for one of the two halves of the corporate entity – either ITV Studios, the production side that makes programmes such as Coronation Street, or the division that actually broadcasts the content and sells the advertising slots.Now someone has turned up: Sky, which was bought by the US giant Comcast for £30bn in 2018, has made a £1.6bn approach for the broadcasting operation. ITV’s share price gained 16% on Friday but, at 78p, it still stands way below some of the misty-eyed theoretical valuations

Stock markets drop amid jitters over US economy and tech valuations – business live

Wall Street has opened in the red as jitters over the health of the US economy, and sky high tech valuations, continue to hit the markets.The Dow Jones industrial average, of 30 large US companies, has dropped by 209 points, or 0.45%, in early trading to 46,703 points.The broader S&P 500 index is down 0.6%, and the tech-focused Nasdaq has lost almost 1%

‘Musk is Tesla and Tesla is Musk’ – why investors are happy to pay him $1tn

For all the headlines about an on-off relationship with Donald Trump, baiting liberals and erratic behaviour, Tesla shareholders are loath to part with Elon Musk.Investors in the electric vehicle maker voted on Thursday to put the world’s richest person on the path to become the world’s first trillionaire, despite the controversy that is now seemingly intrinsic to his public profile.Shareholders approved the $1tn compensation plan, which could yield the largest corporate payout in history if he meets a series of tough-looking goals, not least pushing Tesla from its current market value of $1.4tn to $8.5tn (£1

How Tesla shareholders put Elon Musk on path to be world’s first trillionaire

Now that Tesla stockholders have approved a plan to offer Elon Musk close to $1tn, the clock is ticking to make the company worth eight times more than it is today.If Musk can grow Tesla to over $8tn in value for stockholders over the next decade, he will be well on his way to becoming the world’s first trillionaire.More than 75% of shareholders voted in favor of the historic compensation plan during a vote at the company’s headquarters in Austin on Thursday. After the votes were in, Musk took the stage and danced after the news was announced.“It’s not just a new chapter for Tesla,” Musk said

Norris soars to F1 São Paulo GP pole as Piastri stumbles and Verstappen flops

Lando Norris claimed pole position for the São Paulo Grand Prix, his championship ambitions backed with a real statement of intent having already secured victory in the sprint race earlier on Saturday.His success was given added impetus as both his title rivals, Oscar Piastri and Max Verstappen, suffered disappointment in Brazil. Piastri’s championship hopes took yet another blow as he crashed out of the sprint and qualified only in fourth, while Verstappen could manage only 16th on the grid.Verstappen had already dropped points to Norris after he was fourth in the sprint for Red Bull and the British driver now has the chance to put genuine daylight on both his rivals. At this race last year Verstappen came back from 17th to win but that was in the wet and when he was not suffering from a compromised setup

Elena Rybakina sinks Aryna Sabalenka to claim WTA Finals and record prize

Elena Rybakina re-established herself as one of the significant players in women’s tennis as she closed out a week of devastating performances against the best in the world by completely overpowering Aryna Sabalenka to capture one of the biggest titles of her career at the WTA Finals in Riyadh with a 6-3, 7-6 (0) win.Having finished the season-ending tournament unbeaten in her five matches, Rybakina is now $5.235m (£3.98m) richer, earning the greatest prize money haul in the history of women’s sports. The victory marks the 26-year-old’s fourth big title after wins at Wimbledon in 2022, and Indian Wells and the Italian Open a year later