Reuters

By Dawn Chmielewski and Anirban Sen

(Reuters) - Paramount Global is in talks about opening its books to a consortium of Sony Pictures and buyout firm Apollo Global Management interested in acquiring the U.S. media company, people familiar with the matter said on Wednesday.

Advisers to both sides are discussing the terms of a confidentiality pact that allows the exchange of commercially sensitive information, the sources said. Doing so... (continue reading...)

WASHINGTON (Reuters) - The U.S Federal Aviation Administration said Wednesday it is delaying requiring air traffic controllers to get 10 hours off between shifts and 12 hours off before a midnight shift.

FAA Administrator Mike Whitaker said on April 19 the new rules would take effect in 90 days.

FAA Air Traffic Organization Chief Operating Officer Timothy Arel said the timetable will be delayed as the agency holds discussions with the... (continue reading...)

(Reuters) - Sony Pictures Entertainment and private equity firm Apollo Global Management plan to acquire Paramount Global for $26 billion and break up the company, the New York Times reported on Wednesday, citing people familiar with the deal discussions.

(Reporting by Gursimran Kaur in Bengaluru; Editing by Shailesh Kuber)

(Reuters) - Britain is refusing to sign the World Health Organization's (WHO) pandemic accord because the country says it would have to give away a fifth of its vaccines, the Telegraph reported on Wednesday.

According to a draft of the pandemic accord being negotiated at the WHO, richer countries should be asked to pull their weight in helping the world cope with pandemics, including reserving 20% of tests, treatments and vaccines for the WHO to... (continue reading...)

LONDON (Reuters) - Britain's foreign minister, David Cameron, will urge its fellow NATO members to meet their pledge to spend 2% of GDP on defence, and to be tougher and more assertive with adversaries, in a speech to be delivered on Thursday.

In what is billed as his first major pronouncement as foreign secretary, Cameron will say NATO must "out-compete, out-cooperate and out-innovate", and that Britain must not only bolster existing alliances but... (continue reading...)