BBC says Chinese police assaulted one of its journalists at Shanghai protest

BBC says Chinese police assaulted one of its journalists at Shanghai protest

LONDON/BEIJING, Nov 28 (Reuters) – The BBC said on Sunday Chinese police assaulted one of its journalists covering a protest in Shanghai and detained him for several hours, but China disputed the account and said he had not identified himself as a reporter. “The BBC is extremely concerned about the treatment of our journalist Ed … Read more

Simon & Schuster to let sale to Penguin fall apart, sources say

Simon & Schuster to let sale to Penguin fall apart, sources say

NEW YORK, Nov 20 (Reuters) – Book-publishing powerhouse Simon & Schuster will let its $2.2 billion sale to Penguin Random House collapse on Monday, opening the door for a new suitor to try to clinch a deal, according to people familiar with the matter. The acquisition was blocked on Nov. 1 by a federal judge … Read more

Buffett’s Berkshire discloses $4.1 bln TSMC stake

Buffett’s Berkshire discloses $4.1 bln TSMC stake

Nov 14 (Reuters) – Berkshire Hathaway Inc (BRKa.N) said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing (2330.TW), , a rare significant foray into the technology sector by billionaire Warren Buffett’s conglomerate. The news sent shares in TSMC up more than 6% in Taiwan on Tuesday, as it boosted investor sentiment … Read more

Qatar World Cup ambassador says homosexuality is ‘damage in the mind’

Qatar World Cup ambassador says homosexuality is ‘damage in the mind’

BERLIN, Nov 8 (Reuters) – A Qatar World Cup ambassador has told German television broadcaster ZDF that homosexuality was “damage in the mind”, as the Gulf state prepares to host the global tournament in less than two weeks. In an interview filmed in Doha and to be screened later on Tuesday, former Qatari international Khalid … Read more

Penguin, Simon & Schuster merger blocked over impact on authors – U.S. judge

Penguin, Simon & Schuster merger blocked over impact on authors – U.S. judge

WASHINGTON, Nov 7 (Reuters) – A U.S. judge cited negative impacts on top-selling authors in blocking a planned $2.2 billion merger of Penguin Random House, the world’s largest book publisher, and rival Simon & Schuster, according to a written opinion released Monday. Judge Florence Pan of the U.S. District Court for the District of Columbia … Read more

Rupert Murdoch considers combining Fox, News Corp

Rupert Murdoch considers combining Fox, News Corp

Oct 14 (Reuters) – Rupert Murdoch has started a process that could reunite his media empire, News Corp (NWSA.O) and Fox Corp (FOXA.O) disclosed on Friday, saying they would consider combining at his behest, nearly a decade after the companies split. Both have formed special committees to review proposals of a potential combination, they said. … Read more

Alex Jones faces long odds hiding assets after $1 billion Sandy Hook verdict

Alex Jones faces long odds hiding assets after $1 billion Sandy Hook verdict

Oct 14 (Reuters) – Right-wing conspiracy theorist Alex Jones has vowed to fight a nearly $1 billion defamation verdict against him, but experts say neither bankruptcy nor an appeal of a Connecticut jury’s findings on Wednesday are likely to salvage his personal fortune and media empire. A jury in Waterbury, Connecticut, state court found Jones … Read more

Alex Jones must pay Sandy Hook families nearly $1 billion for hoax claims, jury says

Alex Jones must pay Sandy Hook families nearly $1 billion for hoax claims, jury says

Oct 12 (Reuters) – Right-wing conspiracy theorist Alex Jones must pay at least $965 million in damages to numerous families of victims of the 2012 Sandy Hook mass shooting for falsely claiming they were actors who faked the tragedy, a Connecticut jury said on Wednesday. The verdict, which came after three weeks of testimony in … Read more

Westinghouse to be sold in $7.9-bln deal as interest in nuclear power grows

Westinghouse to be sold in $7.9-bln deal as interest in nuclear power grows

Oct 11 (Reuters) – Cameco Corp (CCO.TO) and Brookfield Renewable Partners said on Tuesday they would acquire nuclear power plant equipment maker Westinghouse Electric in a $7.9-billion deal including debt, amid renewed interest in nuclear energy. The deal for one of the most storied names in the American power industry at an equity value of … Read more

Taiwan launches English language TV channel to give it more international punch

Taiwan launches English language TV channel to give it more international punch

TAIPEI, Oct 3 (Reuters) – Taiwan launched its first English-language news, lifestyle and entertainment television channel on Monday to give it a bigger voice internationally at a time China when is squeezing the island’s footprint and seeking to assert sovereignty. The government-backed TaiwanPlus began operations last year as a mostly online streaming platform and has … Read more