May 14 (Reuters) - Pennon Group PLC ( PEGRF ): * UK'S CMA - THERE ARE REASONABLE GROUNDS FOR BELIEVING UNDERTAKINGS OFFERED BY PENNON, OR A MODIFIED VERSION , MIGHT BE ACCEPTED BY CMA * UK'S CMA SAYS CMA NOW HAS UNTIL 16 JULY 2024 TO DECIDE WHETHER TO ACCEPT UNDERTAKINGS, WITH POSSIBILITY TO EXTEND THIS TIMEFRAME TO 11 SEPTEMBER...

TOKYO, May 14 (Reuters) - Japan's Sony Group ( SONY ) reported a 7% fall in annual operating profit on Tuesday. Profit for the year ended March was 1.2 trillion yen ($7.67 billion), in line with an average estimate from 23 analysts polled by LSEG. ($1 = 156.4200 yen) (Reporting by Sam Nussey; Editing by Subhranshu Sahu) ...

Elon Musk‘s Tesla Inc. ( TSLA ) is likely to experience a significant decline in its stock value, according to a prominent investor. The investor’s prediction is based on the company’s recent developments and its future prospects. What Happened: Danny Moses, a well-known investor and a long-time critic of Tesla, has forecasted a substantial drop in the company’s stock price,...

(Our regular analysis of cryptocurrencies) By Medha Singh May 14 (Reuters) - What's happened to the army of retail traders who used to drive bitcoin's biggest rallies? U.S. crypto exchange Coinbase reported just $56 billion in consumer trading volumes in the first quarter of 2024, when bitcoin leapt to record heights close to $74,000. While that represents a fledgling recovery...