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Top related persons:
Barclay - 2 Abu - 1 Jeff Zucker - 1 Media Investments — - 1 Britain's Barclay - 1 Axel Springer - 1 Bill Bostock - 1 milch - 1
Top related locs:
London Abu Dhabi German Italy Japan Saudi Arabia Riyadh Wall
Top related orgs:
Britain's Telegraph - 2 Daily - 2 REUTERS - 2 The Spectator - 1 IMI - 1 RedBird - 1 CNN - 1 Abu Dhabi's - 1

Search resuls for: "Britain's Telegraph"


4 mentions found


☆ Loans Pave Way for Abu Dhabi-Backed Fund to Take Over UK's Telegraph Newspaper
  + stars: | 2023-11-20 | by ( Associated Press | Nov. | At P.M. | ) www.usnews.com   time to read: +2 min
An Abu Dhabi-backed investment fund said Monday it has paved the way to take ownership of Britain's Telegraph newspaper and The Spectator magazine after striking a deal with the publications' previous owners to repay debts owed by them. The Barclay family owned the right-leaning newspaper and magazine nefore they were put into receivership. Various media firms have been reported to be interested in taking over the publications, including German publisher Axel Springer and the Daily Mail's publisher. The fund said the deal includes an option to turn the loans into equity which would give it ownership control of the newspaper and magazine. Lenders for the Barclay family would need to agree to the deal, which is expected to attract a high level of political scrutiny.
Persons: Abu, Jeff Zucker, Media Investments —, Britain's Barclay, Barclay, Axel Springer Organizations: Britain's Telegraph, The Spectator, IMI, RedBird, CNN, Abu Dhabi's, Media Investments, Lloyds Bank, Ritz Hotel, Daily, International Media Investments Locations: Abu Dhabi, German
☆ Saudi Arabia wants to buy its way into a major 6th-gen fighter jet project, but not all its potential partners are welcoming
  + stars: | 2023-09-07 | by ( Paul Iddon | ) www.businessinsider.com   time to read: +6 min
Saudi Arabia reportedly wants to join the effort, but Japan is said to be wary of letting Riyadh in. A senior British defense told The Financial Times that the UK views "Saudi Arabia as a key partner in the fighter program and we are working to ensure strong progress as soon as possible." AdvertisementAdvertisementJapan also fears Saudi Arabia might want to export the cutting-edge jet to adversaries, such as China and Russia, or use its veto power to prevent Tokyo from exporting it to one of its allies. Indonesia, for example, has joined South Korea's KF-21 Boramae project, which aims to produce a quasi-stealth fighter jet by the late 2020s. AdvertisementAdvertisementOn the other side of Asia, Azerbaijan recently joined Turkey's TF Kaan stealth fighter project.
Persons: Bill Bostock, milch, Shigeto Kondo, Pascal Rossignol, GCAP, Tempest, China's, Paul Iddon Organizations: Service, Global Combat Air Program, The Financial Times, Financial Times, Britain's Telegraph, Japanese Institute of, Eastern, Al, KF, Indo, Getty, South Korea's KF, Turkey's TF, JF, 51st Paris Air Show, REUTERS, Rafale Locations: Italy, Japan, Saudi Arabia, Riyadh, Wall, Silicon, Tokyo, British, London, Saudi, China, Russia, Jakarta, AFP, Indonesia, Asia, Azerbaijan, Ankara, Pakistan, Baku
☆ Daily Mail in talks with investors over potential bid for Britain's Telegraph
  + stars: | 2023-08-12 | by ( ) www.reuters.com   time to read: +1 min
A clock face is seen outside of the London offices of the Daily Mail newspaper in London, Britain, April 28, 2018. REUTERS/Toby Melville/File PhotoAug 12 (Reuters) - The Daily Mail and General Trust has registered its interest with British bank Lloyds (LLOY.L) for a potential bid for The Telegraph, a spokesperson told Reuters on Saturday. Individual external investors would be unlikely to own more than 20% of the Telegraph titles if they formed part of a consortium with the Daily Mail proprietor, the report added. Last month, the Telegraph and Spectator appointed investment bank Goldman Sachs (GS.N) and law firm Linklaters to advise on their sale. Reporting by Kanjyik Ghosh in Bengaluru; Editing by Giles ElgoodOur Standards: The Thomson Reuters Trust Principles.
Persons: Toby Melville, Rothermere, Barclay, Goldman Sachs, Linklaters, Kanjyik Ghosh, Giles Elgood Organizations: Daily Mail, REUTERS, General Trust, Lloyds, The Telegraph, Sky News, DMG, Telegraph, Daily, Sunday Telegraph, Spectator, Thomson Locations: London, Britain, Bengaluru
☆ Ransomware group with links in Russia behind UK Royal Mail incident -Telegraph
  + stars: | 2023-01-12 | by ( ) www.reuters.com   time to read: +1 min
LONDON, Jan 12 (Reuters) - A cyber incident that led to severe disruption to Royal Mail's international export services was caused by Lockbit, a ransomware group which some cybersecurity experts say has members in Russia, Britain's Telegraph newspaper reported. To prevent a build-up of export items in its network, the British postal company, which is part of part of International Distributions Services (IDSI.L), has advised customers not to post international export items until further notice. Royal Mail, which declined to comment on the Telegraph report, earlier said it had engaged external experts and notified security authorities as it investigates the incident. Lockbit, which some cybersecurity experts say has members in Russia, also claimed to have attacked a French cosmetics firm called Nuxe, Le Parisien newspaper reported on Thursday. Reporting by Sachin Ravikumar, additional reporting by Tassilo Hummel in Paris; Editing by Hugh Lawson and Alexander SmithOur Standards: The Thomson Reuters Trust Principles.
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