Baku to host D-8 Youth Forum in July, says secretary general
The D-8 Organization for Economic Cooperation will hold a Youth Forum in Baku this July, aiming to strengthen youth engagement in sustainable developm...
U.S.-based private equity firm Redbird Capital Partners has reached an agreement to acquire the UK’s Telegraph Media Group for £500 million, becoming the sole owner of the 170-year-old newspaper and ending a prolonged period of financial and ownership instability.
Redbird Capital Partners, a U.S.-based private equity firm, announced on Tuesday that it has agreed to purchase the Telegraph Media Group for £500 million. The acquisition will make Redbird the sole owner of The Telegraph, while Abu Dhabi-based IMI, previously a key player in the ownership structure, will become a minority shareholder.
The deal marks the end of a two-year sale process that began after Lloyds Banking Group seized control of the paper due to unpaid debts by the Barclay family, who had owned The Telegraph since 2004. The transaction also resolves longstanding questions about the future of the influential British publication.
As part of its strategic vision, Redbird plans to invest in The Telegraph’s digital operations, subscription models, and core journalism, with a goal of expanding the brand’s global reach. The firm also continues discussions with minority investors based in the UK who have expertise in the print media sector.
The sale brings clarity to the future of one of the UK’s oldest and most respected newspapers, which has played a significant role in British political and public life for over 170 years.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
Concerns over new U.S. tariffs under President Donald Trump are weighing on global manufacturing, though June data show signs of resilience in countries like Japan, China, and Ireland.
The U.S. Department of Justice and FBI on Monday announced an arrest and indictments related to North Korea’s 'IT worker' program, through which North Koreans secured remote tech jobs at more than a 100 U.S. companies to steal money and data globally.
A senior figure in Russia’s defence establishment, Timur Ivanov, has been sentenced to 13 years in prison after being found guilty of corruption, amid an escalating crackdown on high-level misconduct.
As the Dalai Lama turns 90, the question of his successor is drawing global attention — not just spiritually, but a deeply political one for China, India, and the U.S.
Azerbaijan's Interior Ministry has dismantled two criminal groups in Baku, detaining Russian nationals suspected of trafficking drugs from Iran and conducting cyber fraud operations.
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