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News Corp

  • Howden appoints News Corp finance veteran Susan Panuccio to top team

    insurance

    Howden has named Susan Panuccio as its next group chief financial officer, poaching the veteran executive from media giant News Corp. She is set to take the reins in January 2026, as current CFO Mark Craig steps into a newly created chief investment officer role. The double leadership shift comes as the London-headquartered group pushes [...]

    Canada skyline with modern skyscrapers under a clear blue sky, showcasing iconic financial district architecture
  • Rightmove made the wrong move, says Murdoch’s News Corp

    Property

    Rupert Murdoch’s News Corp has applauded REA’s decision to abandon a takeover of Rightmove after the property platform rejected its fourth offer. In a statement today, Robert Thomson, chief executive of News Corp, said he “strongly supported” the property group’s “financial discipline” in pulling out of the bid, and added that it was an example [...]

    Underlying operating profit increased four per cent to £273.9m in the year to December 31 as revenue rose seven per cent to £389.9m.
  • Sir Paul Marshall pulls out of race to own Telegraph

    Media

    Sir Paul Marshall has not submitted a formal offer for the Telegraph despite being regarded as one of the auction's front-runners.

    UK newspapers join creative industry in protest against AI copyright plans
  • Jefferies upgrades Rightmove as REA group eyes £4.4bn takeover bid

    September 9, 2024

    Jefferies analysts have upgraded their guidance for Rightmove as they believe Australian real estate giant REA Group will probably make a formal offer for the British property platform. Last week, Rupert Murdoch’s News Corp-backed REA said it is considering a £4.4bn cash and share offer for Rightmove, sending the latter’s shares up nearly 25 per cent. Rightmove [...]

  • Rightmove shares jump by a quarter as News Corp-owned REA eyes £4.4bn swoop

    September 2, 2024

    Australian property giant REA Group, backed by Rupert Murdoch's News Corp, is considering a £4.4bn takeover bid for UK competitor Rightmove.

  • CVC: Private equity beast behind La Liga and Six Nations mulls bid for The Telegraph

    July 17, 2024

    The private equity backer of La Liga and the Six Nations rugby tournament is weighing up a bid for The Telegraph.

  • Local news publisher Mill Media to come to London

    June 6, 2024

    Regional news outlet Mill Media will use capital raised in a successful fundraising round last year to launch a London operation by the end of 2024, the publisher has said.

  • Tourist tax puts us at a competitive disadvantage, says Gatwick boss

    June 2, 2024

    The UK's tourist tax is putting Gatwick at a "competitive disadvantage" to rival European hubs, according to its chief executive.

  • We have one of the best takeaway pizzas in London – just ask Macaulay Culkin

    May 20, 2024

    Yard Sale Pizza, which was visited by Macaulay Culkin and his band The Pizza Underground, opened in 2014 and has now grown to 12 locations across London.

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