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Saudi billionaire Prince Alwaleed bin Talal will hold onto his most high-profile investments, which range from stakes in Citigroup and News Corp to microblogging site Twitter, while seeking out new targets to diversify his global portfolio.Kingdom Holding <4280.SE>, Alwaleed's investment vehicle, has asked investment banks to identify possible acquisition targets around the world and plans to sell its stake in 20-30 hotels in the next two years, he told Reuters on Monday."We have talked with certain investment banks to look at opportunities that we may have not seen in our region. This is in motion right now," said Alwaleed, who owns 95 percent of Kingdom, in an interview in Riyadh on Monday."We intentionally try to be diversified by location and by industry so we won't have much concentration in one arena."Kingdom Holding, which went public in 2007, has a market value of around $17 billion, making it one of the largest listed investment firms in the Middle East.Alwaleed, a nephew of K...
British prosecutors said they are charging a former police officer and a journalist from News Corp.'s (NWSA, NWS.AU) tabloid the Sun with crimes as part of a wide-ra...
News Corp. (NWS, NWSA) has raised its stake in pay-television company Sky Deutschland AG (SKYD.XE, SKDTY) to 54.5% from 49.9%, it said on Monday, giving a lift to th...
Rupert Murdoch's News Corp said the publishing arm it plans to spin off from its entertainment assets would have lost $2.08 billion in the last fiscal year if it wer...
Rupert Murdoch's News Corp formally applied to the U.S. Securities and Exchange Commission to separate its businesses into two independent, publicly traded companies...
News Corp is expected to name Robert Thomson, a close confidant of Chairman and CEO Rupert Murdoch, to lead its new publishing company by the end of next week, accor...
A 16-month inquiry into U.K. press practices ended on Thursday with a call for the industry to appoint an independent regulatory body that's backed up by the law. Le...
Mark Thompson reported to work as the New York Times Co chief executive on Monday, confronting challenges ranging from making the publisher less dependent on adverti...
Pay-TV group BSkyB reported strong first-quarter earnings growth on Thursday as price rises and the sale of additional products to subscribers helped reassure invest...
News Corp Chairman and CEO Rupert Murdoch is looking to buy the Los Angeles Times, one of the country's largest newspapers, from struggling media conglomerate Tribun...
News Corp Chairman and CEO Rupert Murdoch is looking to buy the Los Angeles Times, one of the country's largest newspapers, from struggling media conglomerate Tribun...
The erupting scandal at Britain's public broadcaster, the BBC, over allegations of sexual abuse involving late TV host Jimmy Savile is leading to awkward questions f...
News Corp.'s (NWS, NWSA) shareholders backed the company's board, including two new nominations, and struck down a proposal to elect an independent chairman.Chief Ex...
News Corp. (NWS, NWSA, NWS.AU) will receive $139 million in insurance proceeds, paid on behalf of its directors and officers who were defendants in a so-called deriv...
News Corp. (NWS, NWSA, NWS.AU) has agreed to pay $139 million and bolster its compliance program as part of an agreement to settle shareholder complaints related to ...
Nearly two years after a scandal over illegal reporting tactics embroiled News Corp.'s U.K. tabloids, Britain's main political parties agreed to create a new press r...
Rupert Murdoch's News Corp said on Friday that the publishing arm it plans to spin off from its entertainment assets will have about $2.6 billion in cash on hand and...
News Corp.'s (NWS, NWSA, NWS.AU) U.K. newspaper unit said it settled another 17 phone-hacking claims filed by various public personalities in the U.K., including Sar...
Rupert Murdoch's News Corp on Wednesday reported higher quarterly revenue and profit on strong growth at its cable assets including its Regional Sports and FX networ...
News Corp reported higher quarterly revenue and profit on Wednesday on strong growth at its cable networks.The media conglomerate, controlled by Rupert Murdoch, said...
