(Reuters) -Comcast's ( CMCSA ) NBCUniversal is planning to pay an average of about $2.5 billion a year to broadcast a package of National Basketball Association (NBA) games, the Wall Street Journal reported on Monday, citing people familiar with the matter. Warner Bros Discovery's ( WBD ) TNT has paid an average fee of $1.2 billion under its current deal,...

LONDON, April 30 (Reuters) - New multi-strategy hedge fund launches accounted for less than one in 10 of new funds in the first quarter, down from about one in four in the last quarter of 2023, according to data provider Preqin, a sign that investors witnessing higher market volatility might be seeking less risky prospects. Launches for this kind of...

(Reuters) -Australia's Coles Group ( CLEGF ) on Tuesday reported a rise in third-quarter revenue, as signs of cooling inflation helped drive sales of key grocery items at its stores. The company said group sales rose 3.4% to A$10.03 billion ($6.58 billion) for the quarter, with revenue from its supermarket business contributing A$9.07 billion, a 5.1% rise from the year-earlier...

April 30 (Reuters) - Australian securities regulator said on Tuesday that it had filed a lawsuit against lithium-ion battery firm Magnis Energy Technologies ( MNSEF ) and its chairman for failing to disclose details about its U.S. manufacturing facility. (Reporting by Adwitiya Srivastava in Bengaluru; Editing by Anil D'Silva) ...