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ITV Sells BritBox International Stake for $322 Mln; Launches Buyback

By Michael Susin ITV said it has sold its entire 50% stake of the digital subscription streaming service BritBox International to its joint venture partner...

United-kingdom , British , Carolyn-mccall , Michael-susin , Britbox-international , Executive-carolyn-mccall , Article-normal , Printing-publishing , Multimedia-content-services , Broadcasting , Television-broadcasting , Commercial-television

Pearson's Pretax Profit Rises; Extends Share Buyback Plan by GBP200 Mln -- Update

By Najat Kantouar Pearson reported a higher pretax profit for 2023 despite lower sales and said that it is extending its share buyback program by a further...

Najat-kantouar , Omar-abbosh , Pearson-vue , Pearson , English-language-learning , Executive-officer-omar-abbosh , Article-normal , Printing-publishing , Media-entertainment , Publishing , Financial-performance , Earnings

Lagardere Shares Drop After Company Posts Lower Profit

By Nina Kienle Lagardere shares fell after the company posted a decline in net profit for 2023 that missed consensus expectations despite a jump in revenue...

France , French , Nina-kienle , Lagardere , Visible-alpha , Article-normal , Printing-publishing , Magazine-publishing , Media-entertainment , Publishing , Financial-performance , Earnings

Lagardere 2023 Rev EUR8.08B

By Pierre Bertrand Lagardere said its net profit fell after costs rose and despite a rise in revenue that was driven by its travel retail business. The...

France , French , Pierre-bertrand , Lagardere , Article-normal , Printing-publishing , Magazine-publishing , Media-entertainment , Publishing , Financial-performance , Earnings , Corporate-industrial-news

Vice Media to shutter website, lay off 'several hundred' employees

Vice Media plans to lay off several hundred employees and no longer publish material on its Vice.com website, the company’s CEO said in a memo to staff...

New-york , United-states , Washington , Los-angeles , California , Bruce-dixon , Los-angeles-times , Fortress-investment-group , New-york-times , Vice-media , Buzzfeed-news , Washington-post

Wolters Kluwer 2023 Rev EUR5.58B

Corrections & Amplifications This headline was corrected at 0802 GMT becasue the company's 2023 revenue was misstated as EUR5.9 billion. By Najat...

Netherlands , Dutch , Asia-pacific , Najat-kantouar , Nancy-mckinstry , Wolters-kluwer , North-america-representing , Executive-nancy-mckinstry , Article-normal , Printing-publishing , Book-publishing , Media-entertainment

BT Tower, London's Landmark Communications Tower, Gets New Role: Hotel -- 2nd Update

By Christian Moess Laursen and Mauro Orru BT Tower--a spindly concrete and glass edifice that for decades dominated London's skyline and provided essential...

New-york , United-states , United-kingdom , London , City-of , British , Brent-mathews , Mauro-orru , Harold-wilson , Christian-moess-laursen , Tyler-morse , Bt-group

Chesapeake and EQT Stocks Surge as Natural- Gas Prices Jump

EQT was the best performer in the S&P 500 on Wednesday.

United-kingdom , British , Daniel-acker-bloomberg , Angela-palumbo , Conocophillips , Devon-energy , Chesapeake-energy , Dow-jones-market , Permian-resources , Article-normal , Energy , Oil-and-gas-upstream-operations

Elliott and JD.com consider battle over U.K retailer

The latest showdown between the U.S. and China may be taking place on the British high street.

Ireland , United-kingdom , China , Chinese , Britain , Hargreaves-lansdown , Currys , London-listed-currys , Elliott-investment-management , Russ-mould , United-kingdom-listed , Article-normal

JD.com May Bid for This Retailer. Why It Went Shopping Abroad.

Expanding into new markets to mitigate domestic headwinds is a logical move for the e-commerce group.

Chongqing , China , Beijing , Chinese , Qilai-shen-bloomberg , Currys , Article-normal , Printing-publishing , Retail-wholesale , Etailing , Legal-services