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Thursday newspaper round-up: Facebook, Johnston Press, steel industry

Thu, 11th Feb 2016 07:14

(ShareCast News) - Other EU leaders are ready to copy David Cameron's referendum tactics for their own "egotistic goals", the European Council president has said, as he sounded the alarm over populist politics bringing the bloc to the brink of "suicide". Donald Tusk's forthright warning on Wednesday came as he announced he was clearing his diary next week to concentrate on the "very fragile" talks on a "new settlement" for Britain, which will be discussed at an EU summit next week. - Financial TimesMark Zuckerberg has clashed with Marc Andreessen, a longstanding Facebook investor and board member, over what the social network's founder called "deeply upsetting" remarks about India's colonial history by the venture capitalist. The unusually public spat between the Facebook chief executive and one of his most prominent backers follows a significant setback earlier this week for the social network's plan to bring free mobile internet access to India. - Financial TimesJohnston Press is in advanced talks with the Lebedev family to buy the i newspaper in a deal that will raise questions over the future of its stable mate, The Independent. It is understood both sides are brokering the sale of the tabloid, with talks expected to run into the night. Sources confirmed the i, which was launched in October 2010 at a cover price of 20p, is the only subject under discussion between the two parties. - TelegraphDavid Cameron has hailed Britain's technology sector as "extraordinary", after a report revealed companies are generating £161bn for the economy. According to the Tech Nation report, now in its second year, the digital economy grew 32pc faster than the rest of the economy between 2011 and 2014, and is creating new jobs at an unprecedented rate. - TelegraphDavid Cameron has been accused of failing the British steel industry after the government confirmed it was blocking proposals from other EU members to tackle dumping of cheap product by China. Sajid Javid, the business secretary, said it would not be right for the EU to scrap regulations known as the "lesser duty rule", which some countries want to end in order to allow higher tariffs on Chinese steel. - GuardianThe Bank of England and Paul Tucker have been drawn back into the Libor scandal amid claims that Barclays used what it believed was a confidential instruction from a former deputy governor to lower rates to buy billions of pounds of debt in rival British lenders at the height of the financial crisis. - The TimesThe outgoing boss of Waitrose who didn't get the job he originally wanted - the chairmanship of Channel 4 - is to be elevated to the peerage and become Her Majesty's minister for trade and investment. Mark Price, the self-proclaimed "chubby grocer", was scheduled to retire from Waitrose in April and it had become common knowledge that he coveted the job at Channel 4. - The Times
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25 Feb 2016 09:36

BROKER RATINGS SUMMARY: Berenberg Downgrades Next To Hold From Buy

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18 Feb 2016 06:37

PRESS: Trinity Mirror To Launch New National Newspaper, 'New Day'

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17 Feb 2016 14:36

Trinity Mirror said to unveil new weekday tabloid

(ShareCast News) - Trinity Mirror, publisher of the Daily Mirror, will reportedly unveil a weekday tabloid called New Day this month. People close to the plans told Sky News the new paper was expected to launch on 29 February and will be priced at 25p versus the Independent's i newspaper which is pr

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12 Feb 2016 15:51

UPDATE 2-Presses to fall silent at UK's Independent as paper goes online-only

(Adds reaction) By Kate Holton and Paul Sandle LONDON, Feb 12 (Reuters) - Britain's Independent is to disappear from news stands next month after its owner took the left-leaning title online only, one of the first national newspapers in the world to buckle under pressure from the inte

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12 Feb 2016 12:43

PRESS: Lebedev Confirms Closure Of Independent Print Newspapers

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12 Feb 2016 12:26

Presses to fall silent at UK's Independent as paper goes online-only

LONDON, Feb 12 (Reuters) - Britain's Independent newspaper is to disappear from news stands next month after its Russian owner said the 29-year-old title would only publish online, in the starkest sign yet of the pressures weighing on the newspaper industry. The paper launched by a group of

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12 Feb 2016 12:15

Johnston Press agrees to buy Independent's budget sister title

Feb 12 (Reuters) - Britain's Johnston Press Plc said on Friday it has agreed to buy "i" newspaper, the cut-price sister paper of The Independent, for 24 million pounds ($35 million). Johnston, publisher of The Scotsman newspaper, is buying "i" from Independent Print Ltd, which is controlled

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12 Feb 2016 12:12

Johnston Press Confirms Deal To Buy 'i' Newspaper For GBP24 Million

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11 Feb 2016 13:54

UPDATE 2-Johnston Press in talks to buy Independent's budget sister title

* Johnston says in late-stage talks * Says price for Independent's i newspaper likely to be 24 mln stg * Deal would create Britain's fourth-largest print publisher (Adds detail, analyst comment, share price) By Rahul B and Esha Vaish Feb 11 (Reuters) - Britain's Johnston

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11 Feb 2016 11:08

Johnston Press confirms talks to buy i newspaper for £24m cash

(ShareCast News) - Johnston Press confirmed it is in late-stage discussions to buy the i newspaper from the publisher of the Independent, with a likely cash price of £24m. The regional news publisher, which last month said it would sell several of its non-core titles in order to focus on digital gro

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11 Feb 2016 07:47

Johnston Press Confirms Talks For GBP24 Million Bid For i Newspaper

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11 Feb 2016 06:46

PRESS: Lebedevs Set To Sell 'i' Newspaper To Johnston Press - The FT

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