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  • Rupert Murdoch's Fox cleared to go head-to-head with Comcast in $29 billion Sky takeover battle - on one condition

    19 days ago - By Business Insider

    Comcast's bid to buy UK telecoms giant Sky for £22 billion approved by British government.
    A similar bid from 21st Century Fox remains subject to approval, minister Matt Hancock said.
    Hancock said the Fox bid could not be approved until it had agreed terms to divest its news brand, Sky News, from the core business.
    The British government on Tuesday gave the go ahead for Comcast to proceed in its bid to take over UK telecoms giant Sky in a £22 billion deal, and said that a similar bid from Fox would be approved subject to it fulfilling one key condition.
    Speaking in the House of Commons on...
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  • Breaking: Government approves third runway at Heathrow

    Breaking: Government approves third runway at Heathrow

    19 days ago - By Business Insider

    Government approves controversial plans for third runway at Heathrow.
    Transport secretary said Heathrow expansion was the "best option" to ensure the UK remained "one of the world's best-connected and outward-looking countries" after Brexit.
    The debate over a third runway at Heathrow has continued for over 20 years: Opponents say it will breach air and noise pollution laws, while advocates say it will boost Britain's economy.
    LONDON - The government has approved controversial plans for a third runway at Heathrow.
    The government's economic sub-committee, chaired by Prime Minister Theresa...
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