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Murdochs reach deal in succession battle
A years-long succession battle within Rupert Murdoch’s conservative media empire has drawn to a close, with his son Lachlan set to control the news group. The deal, which the family announced on Monday, will ensure the ongoing conservative leaning of Fox News, The Wall Street Journal and The New York Post even after 94-year-old Rupert’s…
Daily Telegraph: RedBird Capital pulls out of deal to buy newspaper
US investment group RedBird Capital has pulled out of a deal to buy the Daily and Sunday Telegraph for £500m. RedBird had a previous attempt to buy the Telegraph rebuffed by politicians as it was majority-funded by Abu Dhabi’s IMI group – which is owned in turn by the Abu Dhabi royal family. A law…
Ryanair scraps printed boarding passes to go fully digital
Michael Sheils McNameeBusiness reporter Getty Images Passengers who present printed boarding passes at airports will no longer be accepted to fly with Ryanair, the company has announced. One of Europe’s biggest budget airlines said it was “moving to 100% digital boarding passes” from Wednesday in a bid to speed up travel and lower costs. It…
