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British pension funds warn on any Fox/Sky deal

December 13, 2016 by · Leave a Comment 

British public sector pension funds on Tuesday called for an “appropriate” premium in any potential deal between Twenty-First Century Fox and Sky as well as for safeguards to protect minority shareholders. Rupert Murdoch's Twenty-First Century Fox Inc aims to table a firm cash bid valuing Sky at 10.75 pounds ($13.66) per share as early as Wednesday …

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British pension funds warn on any Fox/Sky deal

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South Korea court says it has not yet decided whether sale of Hanjin Shipping is needed

September 28, 2016 by · Leave a Comment 

The South Korean court overseeing Hanjin Shipping's receivership process said on Wednesday that a sale of the world's seventh-largest container carrier, which collapsed late last month, is one of many options it is considering if the court concludes the company is to be rehabilitated. Judge Choi Ung-young, who serves as a court spokesman for media inquiries on the …

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South Korea court says it has not yet decided whether sale of Hanjin Shipping is needed

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Zuckerberg initiative poaches AstraZeneca board member

September 28, 2016 by · Leave a Comment 

The $3 billion health initiative set up by Facebook co-founder Mark Zuckerberg and his wife Priscilla Chan has hired one of AstraZeneca's non-executive directors to head up its science drive. The British drugmaker said on Wednesday that Cornelia Bargmann would step down from its board next month to take up a new role as president of Chan Zuckerberg Science, part of the Chan Zuckerberg Initiative. Leif Johansson, AstraZeneca&#…

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Zuckerberg initiative poaches AstraZeneca board member

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Two company veterans tapped to lead Fox News after Ailes’ exit

August 13, 2016 by · Leave a Comment 

By Anna Driver NEW YORK (Reuters) – Rupert Murdoch on Friday named company veterans Jack Abernethy and Bill Shine as co-presidents to lead Fox News after Chief Executive Officer Roger Ailes resigned last month following sexual harassment allegations. Abernethy is CEO

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Two company veterans tapped to lead Fox News after Ailes’ exit