Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) confirms that it has entered into exclusive discussions with BT Group to create a new sport venture in the UK by combining its Eurosport business in the UK and Ireland with BT Sport. The companies aim for the 50:50 Joint Venture to be operational in 2022 pending a definite agreement and regulatory approval. Continue reading
Tag Archives: British brands
Jaguar Land Rover Expands Installation of SiriusXM; Makes SiriusXM a Standard Feature Across Entire Vehicle Lineup in U.S.
Jaguar Land Rover North America and SiriusXM today announced that they are expanding the factory installation of SiriusXM’s audio entertainment service, and that SiriusXM is now a standard feature in all Jaguar and Land Rover models in the United States beginning with ’21 model year vehicles. Continue reading
Murdoch switches off Fox from UK’s Sky
Rupert Murdoch has pulled his Fox News channel from the Sky platform in Britain, where the government is assessing a bid by the media mogul to buy the broader Sky pay-TV company for $15 billion. Laura Frykberg reports. Continue reading
Phantom: Rolls-Royce unveils its “pinnacle of luxury”
LONDON, ENGLAND, UK (JULY 26, 2017) (REUTERS) – Its founder once said “take the best that exists – and make it better”, and that’s what Rolls-Royce Motors says it’s done with the eighth version of the Phantom. Continue reading
Passengers left in confusion as BA cancels flights after global IT outage
HEATHROW AIRPORT, LONDON, ENGLAND, UNITED KINGDOM (MAY 27, 2017) (REUTERS) – British Airways has cancelled all its flights from London’s two biggest airports until Saturday (May 27) evening after a global computer system outage caused confusion and chaos.
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Weetabix to be sold to U.S. firm in $1.76bln deal
U.S. cereal company Post Holdings has agreed to buy British brand Weetabix from China’s Bright Food Group Co Ltd in a 1.4 billion pound ($1.76 billion) deal that will expand its international business. Sonia Legg reports Continue reading
Bank of England says won’t publish Libor details until fraud probe over
The BBC releases a recording of an October 2008 phone call between two bankers at Barclays in which one said he was under “serious pressure” from the Bank of England to set an artificially low rate for Libor, an inter-bank borrowing rate.
Google apologises to ad clients for YouTube content fiasco
Google apologises for allowing ads to appear alongside offensive videos on YouTube as more high-profile firms such as Marks & Spencer and HSBC pull advertising for British markets from Google sites.
London Fashion Week kicks off amid Brexit uncertainty
After New York, London kicks off its Fashion Week with 51 different shows including Versus and Burberry.
Fox’s bid for Sky hits a snare
A major shareholder in British pay-TV company Sky tells Reuters it will vote against Twenty-First Century Fox’s $14 billion takeover bid in its current form. Jo Webster reports. Continue reading