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

Henry Arundell scorches away to help England finish off battling Fiji

Another win for England, their ninth in succession, but comfortable was definitely not the word for it. Only in the final quarter did the home side pull away on the scoreboard and, for lengthy periods, they had to work extremely hard for their second victory in as many weeks. They will definitely need to find another gear to see off next Saturday’s opponents New Zealand.Equally there is no doubting the fact England are finishing games more strongly and have some rare talent lurking in reserve. This time it was their birthday boy, Henry Arundell, who shone brightest off the bench, scoring one scorching try and looking dangerous every time he touched the ball on his first appearance for England for two years

England 38-18 Fiji: Autumn Nations Series rugby union – as it happened

England face New Zealand next weekend, and you can join us again for all the action. Thanks for your company today.Ben Earl is Player of the Match.“It was one of the hardest games I’ve had to play in, honestly. Credit to them and to the boys for finding a way to win