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World - Two dead after female suicide bomber targets Nigeria petrol station


A female suicide bomber blew herself up at a petrol station in northern Nigeria`s biggest city of Kano on Monday, killing one other person, a military source said. It was the third bomb attack in Kano in just 24 hours. Also on Sunday, a female suicide bomber killed herself while trying to target police officers. There have been no claims of responsibility for any of the blasts, but the prime suspect is likely to be the Islamist militant group Boko Haram, which is fighting for an Islamic state in religiously-mixed Nigeria.


Monday, July 28, 2014  13:14

Yahoo

World - BSkyB reveals deal to create pan-European pay TV giant


British satellite television group BSkyB said on Friday it had agreed multi-billion-dolla deals with Rupert Murdoch`s media empire 21st Century Fox to create a pan-European pay-TV giant. Murdoch`s 21st Century Fox media conglomerate owns 39 percent of BSkyB. BSkyB has agreed to buy 21st Century Fox`s 100-percent stake in Sky Italia and its 57.4-percent interest in Sky Deutschland, a statement said. BSkyB said it planned to acquire the rest of Sky Deutschland from the German group`s minority shareholders, creating a pan-European TV giant in deals costing the British group a total of up to £7.0 billion ($11.9 billion, 8.8 billion euros) in cash.


Friday, July 25, 2014  08:41

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World - Murdoch creates `Sky Europe` pay TV giant


Rupert Murdoch`s media empire 21st Century Fox has struck a mega deal with British satellite television group BSkyB to create a pan-European pay-TV giant, the two companies announced on Friday. BSkyB, 39-percent-owned by 21st Century Fox, said it had agreed to buy Fox`s 100-percent stake in Sky Italia and its 57.4-percent interest in Sky Deutschland. The new project, named `Sky Europe` by observers, is seen as a bid by media mogul Murdoch to strengthen his European television operations as the telecommunications sector enters the market to screen live football matches featuring some the world`s biggest clubs. Analysts said the deal would give 21st Century Fox an opportunity also to make a renewed bid for rival Time Warner.


Friday, July 25, 2014  19:28

Yahoo

World - Rupert Murdoch creates `Sky Europe` pay TV giant


Rupert Murdoch`s media empire 21st Century Fox has struck a mega deal with British satellite television group BSkyB to create a pan-European pay-TV giant, the two companies announced on Friday. BSkyB, 39-percent owned by 21st Century Fox, said it had agreed to buy Fox`s 100-percent stake in Sky Italia and its 57.4-percent interest in Sky Deutschland. The new project, named `Sky Europe` by observers, is being seen as a bid by media mogul Murdoch to strengthen his European television operations as the telecommunications sector enters the market to screen live football matches featuring some the world`s biggest clubs. Analysts said the deal would give 21st Century Fox an opportunity also to make a renewed bid for rival Time Warner.


Friday, July 25, 2014  14:28

Yahoo

Business - Murdoch`s 21st Century Fox pledges to extend buybacks


Rupert Murdoch`s 21st Century Fox said on Friday it would renew a share buyback program using the proceeds from its partial exit from European pay-TV, regardless of any acquisitions the media group undertakes. The company made the pledge in a statement announcing the sale of Fox`s Italian and German pay-TV units to BSkyB for $9 billion in cash and assets. `For fiscal 2015 we will continue our share buyback program and will communicate the details of a renewed share buyback authorization upon the announcement of fiscal 2014 earnings results on Wednesday, August 6, 2014.` In August 2013, Fox`s board authorized a $4 billion share buyback over the next 12 months. Murdoch, chairman and CEO, added: `Our renewed authorization for our share buyback program will be executed regardless of any potential acquisition or investment activity by the Company.` Fox recently made an unsolicited $80 billion bid for media conglomerate Time Warner, which was rejected by its management as too low.


Friday, July 25, 2014  10:27

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Business - A Fox-Time Warner deal would give Murdoch new heft in China


Rupert Murdoch`s plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack. Time Warner`s board rejected Murdoch`s $80 billion offer, but the Fox chairman is expected to continue the chase. It would also nearly double the revenues Fox generates from the emerging media markets in Latin America and Asia/Pacific. `He sees 3 billion new consumers coming into the market and a rising middle class in China and India, and mobile devices and strong demand for content,` said Mario Gabelli, the CEO of GAMCO Investors, in an interview with Reuters Insider, `He`s going to be able to create Netflixes of his own.` Gabelli owns shares of both Fox and Time Warner.


Monday, July 21, 2014  06:23

Yahoo

World - Pop star Tulisa guilty of assaulting celebrity blogger


Singer Tulisa Contostavlos has been found guilty of assaulting a celebrity blogger at a music festival. The former X-Factor judge, 26, was convicted on Friday of hitting Savvas Morgan during a dispute at the V Festival in Chelmsford, Essex. Contostavlos was ordered to pay a £200 fine and £100 compensation to Mr Morgan, as well as £2,700 in prosecution costs. Earlier this week, a separate trial involving Contostavlos collapsed when the judge said there were `strong grounds` to believe that undercover reporter Mazher Mahmood, known as the `Fake Sheikh`, had lied during a pre-trial hearing.


Friday, July 25, 2014  17:27

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World - EasyJet forecasts jump in annual profit despite unrest


No-frills airline EasyJet on Thursday forecast a jump in annual profits as higher passenger numbers and revenues offset disruptions caused by unrest in Israel, Russia and Egypt. Easyjet expects to grow pre-tax profit to between £545 million and £570 million in the year to the end of September, the carrier said in a trading statement. The range given for the latest financial year includes `the impact from the situations in Israel, Egypt and Moscow` and assumes `no further significant disruption`, Easyjet said.


Thursday, July 24, 2014  08:42

Yahoo

World - Passport Office workers strike amid applications backlog


Passport Office staff on Monday launched a 24-hour strike over staffing shortages and pay just weeks after extra workers were drafted in to tackle a backlog of tens of thousands of applications. The Home Office criticised the union over the timing of Monday`s strike, which it says could `inconvenience` many people and `jeopardise` holiday plans at the height of the summer. Hundreds of extra staff were drafted in last month to deal with a backlog of about 30,000 applications amid mounting complaints about long delays in passports being processed. The Passport Office last month said applications had been at their highest level in 12 years, with more than three million passports issued so far in 2014.


Monday, July 28, 2014  10:21

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World - Gaza fighting abates as diplomatic tension flares


By Nidal al-Mughrabi and Maayan Lubell GAZA/JERUSALEM (Reuters) - Israel eased its assaults in the Gaza Strip and Palestinian rocket fire from the enclave declined sharply on Monday, the military said, with both the United States and United Nations calling for a durable ceasefire. As international pressure mounted to end a 21-day conflict in which more than 1,000 people have been killed, an Israeli military official said the army would only fire in response to attacks, adding that this would be for an `unlimited` period. Hamas said on Sunday it wanted a 24-hour truce to mark the Muslim holiday of Eid al-Fitr, which started on Monday. In the hours after its announcement, Gaza gradually fell quiet.


Monday, July 28, 2014  09:01

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