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Finance & Markets

ITV Cutting $40M From Media & Entertainment Budget Due To Weak Advertising Market

With “weaker demand for advertising” in Q4, ITV has identified £30M ($40M) worth of cost savings from its networks division, which will soon be sold to Sky. Total Advertising Revenue is set to drop 5-10% in Q4 and 2-3% for full year 2026, ITV said today in its Q3 trading update. The network is therefore […]

ITV Cutting $40M From Media & Entertainment Budget Due To Weak Advertising Market

We haven't written up this one. Deadline has the full story — the link below goes straight to it.

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Man arrested over theft of watch worth 46 mil. yen in Tokyo

TOKYO (Kyodo) -- A man in his 30s was arrested Wednesday on suspicion of stealing a luxury watch worth about 46 million yen ($290,000) from a shop in

  • 30-year-old man arrested for luxury watch theft in Tokyo.
  • 46 million yen ($290,000) Audemars Piguet watch stolen.
  • Watch returned via courier from Aichi Prefecture, 3 days later.

FTC to fine 15 firms $1.2 bil. for rigging gov't bond bids

Korea's fair trade watchdog said Wednesday it has decided to impose 1.62 trillion won ($1.2 billion) in fines on 15 financial companies for colluding in government bond auctions for more than three years. The Fair Trade Commission (FTC) said the firms, all primary dealers comprising 10 brokerage houses and five banks, exchanged…

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