German media group Axel Springer has finalized its £575m acquisition of The Telegraph, concluding three years of ownership uncertainty. The deal, which received regulatory approval in the UK, Ireland, and Austria, aims to boost the newspaper's digital transformation and expand its reach, particularly in the US.
Former New York Governor Andrew Cuomo will co-chair a new digital assets joint venture between cryptocurrency exchange OKX and Intercontinental Exchange (ICE), parent of the NYSE. The venture aims to build infrastructure for tokenized financial products and will allow OKX users access to ICE futures and NYSE tokenized equities markets, pending regulatory approval.
Qantas has again postponed its direct Sydney to London flights, now slated for October 2027. The delay is attributed to extended wait times for new Airbus A350-1000ULR aircraft, with the first delivery pushed to April 2027, impacting the previously announced 2027 launch.
SOCAR acquires 99.82% stake in Italiana Petroli, expanding Azerbaijan's presence in Europe's energy market
Industrialist Lakshmi N. Mittal, his son Aditya, and Adar Poonawalla have acquired a majority stake in Rajasthan Royals for USD 1.65 billion. This deal, valued at approximately Rs 15,600 crore, includes associated teams Paarl Royals and Barbados Royals. The transaction is pending regulatory approvals and is expected to conclude by Q3 2026.
