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Business - Murdoch`s Fox open to giving Time Warner board seats in new bid: Bloomberg

Rupert Murdoch`s 21st Century Fox is open to giving Time Warner Inc shareholders seats on the new company`s board if its takeover bid succeeds, Bloomberg reported on Saturday, citing people familiar with the situation. Board representation could appear in a revised proposal, Bloomberg cited one of the people as saying. It did not say how many board seats were being considered and added the two sides are not currently in negotiations. Time Warner`s board rejected Murdoch`s $80 billion takeover offer earlier this month, but the Fox chairman and chief executive officer is expected to continue the pursuit.

Saturday, July 26, 2014  16:43


Top Stories - `Whirling Dervishes:` Rhythm, belief unite

Some call them a secret brotherhood, others refer to them as a spiritual mystery.

Saturday, July 26, 2014  13:50


Top Stories - `Lift the siege.` `Stop the rockets.`

How can the Middle East move forward and end the bloodshed?

Saturday, July 26, 2014  15:10


World - Top diplomats in Paris call for extension to 12-hour Gaza truce

US Secretary of State John Kerry and top diplomats from Europe and the Middle East gathered in Paris Saturday called for an extension to a temporary truce currently in force between Israel and Hamas. Both sides have agreed to a 12-hour `humanitarian` ceasefire in Gaza that started at 0500 GMT Saturday, putting a brief stop to a conflict that has killed more than 1,000 Palestinians -- a large majority of them civilians. The 19-day Israeli offensive on Hamas-ruled Gaza was launched in response to rockets fired by militants of the Islamist group into the Jewish state, and 37 Israeli soldiers have also died in the violence. `We all call on parties to extend the humanitarian ceasefire currently in force, by 24 hours that could be renewed,` France`s Foreign Minister Laurent Fabius told reporters after the meeting, which lasted more than two hours.

Saturday, July 26, 2014  15:50


Top Stories - How cabin crews fly through tragedy

Flight attendants show solidarity with fallen colleagues.

Saturday, July 26, 2014  12:04


Top Stories - Militants destroy Jonah`s tomb

The shrine towers over Mosul. A burst of smoke, then, nothing.

Saturday, July 26, 2014  12:04


World - Breathe deeply, it is safe to go on a plane, travellers told

After three major air disasters in one week, with planes coming down in Ukraine, Taiwan and then Mali without a single survivor, passengers can be forgiven for feeling a little pang of panic boarding their flights. Waiting to check in at Paris`s Charles De Gaulle airport on Friday, Thai athlete Thapanat Rueangmanee, 25, admitted to being `a little bit nervous, like most of my friends`. `Three crashes in one week, that`s quite a lot,` said Hadjera Akli, 24, who had come to meet her family from Algeria. `So there`s another confirmation of a plane crash?

Friday, July 25, 2014  23:01


Top Stories - Erdogan

CNN`s Becky Anderson speaks with Turkey`s Prime Minister about the Israel-Gaza conflict.

Saturday, July 26, 2014  14:43


World - Richard III`s makeshift grave opens to public

The grave of King Richard III, immortalised by Shakespeare as one of history`s great villains, was opened up to the public on Saturday in central England. The remains of the infamous ruler were found in 2012 under a car park in the city of Leicester. Around a hundred visitors were on hand to watch city mayor Peter Soulsby cut the ribbon on the £4 million ($6.8 million, 5 million euro) new visitor centre at the discovery site. Early arrivals at the building, in an abandoned school close to Richard`s grave, were able to examine a replica of his skeleton made using a 3D printer.

Saturday, July 26, 2014  14:17


Business - Fox seen selling CNN rather than spinning off despite tax bill

By Liana B. Baker, Jennifer Saba and Soyoung Kim NEW YORK (Reuters) - If Twenty-First Century Fox succeeds in buying Time Warner Inc, it`s likely to sell CNN and pay billions of dollars in taxes rather than go through the headaches of spinning the cable news channel off to shareholders of the merged company, according to people familiar with the matter. Fox plans to get rid of CNN because it already operates its own namesake news network and would likely face opposition from regulators even if it wanted to keep it. Potential buyers include CBS and Walt Disney`s ABC - two broadcast news juggernauts in search of a cable news outlet. The entire sale price would be taxable because CNN is carried on Time Warner`s books at near-zero, people familiar with the company said.

Saturday, July 26, 2014  00:34

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