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Daily Mail owner agrees to buy Daily Telegraph for £500m
Getty Images The publisher of the Daily Mail has agreed to buy the Daily and Sunday Telegraph for £500m. The Daily Mail and General Trust (DMGT) said it had entered a period of discussion with RedBird IMI, which is a joint venture between the United Arab Emirates and the US private equity firm RedBird Capital…
Who owns TikTok now and how could it change for US users?
Liv McMahonTechnology reporter Getty Images TikTok has announced a deal allowing it to continue operating in the US. But with the platform’s future in the country seemingly secured, its 200 million American users are expected to see some changes. What is the US TikTok deal? A majority-American board now owns and operates a separate entity…
Thousands of homes with botched eco insulation ‘must be fixed’
Zoe ConwayCorrespondent, BBC News and Pritti MistryBusiness reporter BBC Mohammed Muhedi noticed problems almost immediately following insulation work in his home in 2023 A government scheme aimed at cutting energy use by insulating homes was botched on a vast scale, a spending watchdog has found, leaving tens of thousands of homes in need of remedial…
US adds more jobs than expected in September
Natalie ShermanBusiness reporter Getty Images The first official data in weeks on the US job market is out, and it showed a surprising pick-up in hiring after a lacklustre summer. Employers added 119,000 jobs in September, more than double what many analysts had expected, but the unemployment rate ticked up from 4.3% to 4.4%, the…
Ben & Jerrys: Row deepens as three board members removed
Three members of Ben & Jerry’s independent board will no longer be eligible to serve in their roles, after the ice cream company introduced a new set of governance practices. These include a nine-year limit set on board members’ terms. Chair Anuradha Mittal, who earlier said she had no plans to resign under pressure, is…
