Sony’s finance chief, Hiroki Totoki, recently made a statement that the Japanese technology and media giant will not be pursuing a fresh bid for film and TV production group Paramount Global. This decision was based on the fact that acquiring Paramount does not align with Sony’s current strategic goals. Totoki mentioned during Sony’s fiscal first-quarter
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Recent market declines have sparked concerns among analysts at Morningstar DBRS, with fears that the continued downtrend could trigger a self-fulfilling prophecy leading to a recession. This warning comes as global markets experienced significant drops, with the Nikkei 225 in Japan plummeting over 12% and the S&P 500 in the U.S. marking its worst day