Friday 29 May 2015
 
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News Corp

Kingdom Holding Q1 profit rises 10.3pc

Saudi Arabia's Kingdom Holding , the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 10.3 per cent rise in first-quarter net profit on Tuesday, on the back of higher income from dividends and associates.

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Kingdom Holding sells 5.6pc stake in News Corp

Saudi Arabia's Kingdom Holding , the investment firm owned by billionaire Prince Alwaleed bin Talal, reduced the size of its stake in media giant News Corp by 5.6 per cent, it said on Wednesday. The bourse statement announcing

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DirecTV, two others bid over $1b for Hulu

Satellite operator DirecTV and two other bidders have offered more than $1 billion apiece to buy Hulu, a source with knowledge of the bidding process said on Friday, increasing the likelihood that owners News Corp and Walt Disney will be able to

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News Corp increases stake in Rotana

Global media group News Corporation has increased its stake in Rotana Group, a leading Middle East media organisation, by acquiring newly-issued shares in the company. News Corp will pay $35 million for the shares, which will take its stak

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News Corp to launch 'Sun on Sunday'

News International, the British newspaper arm of Rupert Murdoch's News Corp group, has announced that it would publish a Sunday edition of Britain's scandal-hit Sun tabloid for the first time next weekend. In an internal memo to al

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News Corp to launch 'Sun on Sunday'

News International, the British newspaper arm of Rupert Murdoch's News Corp group, has announced that it would publish a Sunday edition of Britain's scandal-hit Sun tabloid for the first time next weekend. In an internal memo to al

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News Corp takes stake in Dubai-based Moby

News Corp, a US-based media giant, has signed a deal to buy a minority stake in Moby Group, a media company headquartered in Dubai. Moby is active in Central Asia, principally Afghanistan, and the Middle East. As per the deal, New

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News Corp takes stake in Dubai-based Moby

News Corp, a US-based media giant, has signed a deal to buy a minority stake in Moby Group, a media company headquartered in Dubai. Moby is active in Central Asia, principally Afghanistan, and the Middle East. As per the deal, New

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Prince Alwaleed stands by News Corp leadership

Saudi billionaire Prince Alwaleed bin Talal said he believes that News Corp will emerge from the current crisis and that he does not plan to sell any of his shares in the company. Alwaleed, who says his Kingdom Holding is the second bigges

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Alwaleed's News Corp investment to stay

Saudi billionaire Prince Alwaleed bin Talal said on Sunday there would be no change in his Kingdom Holding's investment in News Corp . 'No change, my investment is strategic, not thinking of selling anything,' he told Reuters b

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