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Axel Springer buys UK’s Telegraph for $766m, ending ownership limbo

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Axel Springer buys UK’s Telegraph for 6m, ending ownership limbo


Copies of The Daily Telegraph are displayed on a rack in a supermarket in London, Britain. — Reuters/File
Copies of The Daily Telegraph are displayed on a rack in a supermarket in London, Britain. — Reuters/File

German media group Axel Springer on Friday said it had agreed to buy Britain’s Telegraph Media Group for 575 million pounds ($766.3 million) in cash, bringing to an end a prolonged period of uncertainty over the newspaper’s ownership.

The deal gatecrashed Daily Mail owner DMGT’s attempt to buy its broadsheet rival, which had been facing regulatory probes in Britain amid concerns about media plurality.

Axel Springer said it would preserve the Telegraph‘s legacy while providing a platform for expansion, including in the US, and reaffirmed its commitment to “high-quality, independent journalism” and media plurality in Britain.

After buying Politico in a deal valued at around $1 billion in 2021, the Telegraph purchase becomes Axel Springer’s second-largest investment since its founding in 1946, following an earlier failed attempt to acquire the paper in 2004.

‘Swift and efficient’ negotiations

Mathias Dopfner, Axel Springer’s CEO, said owning the Telegraph was “a privilege and a duty”.

He said the group aimed to grow the title while preserving its character and helping it become “the most read and intellectually inspiring centre-right media outlet in the English-speaking world”.

He acknowledged Telegraph staff had faced a prolonged period of uncertainty and said that the publisher intended to “bring that uncertainty to an end”.

The company credited New York Sun publisher Dovid Efune for his support in the deal.

Efune led a consortium with Axel Springer to bid for the titles last month, but Axel Springer concluded the deal alone.

RedBird IMI said it was pleased to have reached an agreement following “swift and efficient” negotiations.

“With the strength of their commercial offer and a straightforward regulatory path to ownership, we believe that Axel Springer is well placed to take the Telegraph forward into its next chapter,” RedBird said in a statement.

The companies said they were now working with the British government to obtain the necessary approvals.

Culture minister Lisa Nandy’s decision last month to issue a public-interest intervention notice sent DMGT’s deal to regulators, which were examining the implications for media plurality and competition.

Nandy’s office did not immediately respond to a request for comment.

Long-running ownership dispute

The deal brings an end to a saga that began in June 2023, when Lloyds Banking Group effectively repossessed the Telegraph after longtime owners the Barclay family fell into arrears on about 1.2 billion pounds of debts secured against the newspaper group.

RedBird IMI took control after paying off a 600 million pound loan owed to Lloyds, but the titles remained in limbo as Britain moved to block foreign state involvement in national newspapers, forcing it to reverse course.

US investment firm RedBird Capital Partners then tried to buy the group, with Abu Dhabi-backed IMI taking a minority position, but the deal collapsed in November 2025.

The bid had been restructured to comply with new rules capping foreign state ownership at 15%, but was withdrawn after a slower-than-expected regulatory process and internal opposition from senior Telegraph newsroom figures.





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UN proliferation meeting begins amid ‘looming’ risk of nuclear arms race

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UN proliferation meeting begins amid ‘looming’ risk of nuclear arms race


UN Secretary-General Antonio Guterres speaks during the 11th Review Conference of the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) at the United Nations Headquarters in New York on April 27, 2026. — AFP
UN Secretary-General Antonio Guterres speaks during the 11th Review Conference of the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) at the United Nations Headquarters in New York on April 27, 2026. — AFP
  • UN nuclear talks begin as global tensions intensify.
  • Guterres says treaty commitments remain unfulfilled.
  • US President Trump signals potential nuclear tests.

 

Signatories of the landmark nuclear non-proliferation treaty began a meeting Monday at the United Nations as fears of a renewed arms race escalate, with atomic powers again at loggerheads over safeguards.

In 2022, during the last review of the treaty considered the cornerstone of non-proliferation, UN Secretary-General Antonio Guterres warned humanity was “one misunderstanding, one miscalculation away from nuclear annihilation.”

On Monday, he warned “the drivers” of nuclear weapons proliferation were accelerating.

“For too long, the treaty has been eroding. Commitments remain unfulfilled. Trust and credibility are wearing thin. The drivers of proliferation are accelerating. We need to breathe life into the treaty once more,” Guterres said in opening remarks.

With global geopolitical friction only heightened since the last meeting, it was unclear what the gathering at UN headquarters could achieve.

France’s Foreign Minister Jean-Noel Barrot told signatories that “never has the risk of nuclear proliferation been so high, and the threat posed by Iran’s and North Korea’s programmes is intolerable for each and every state party to this treaty.”

Tempering expectations, Do Hung Viet, Vietnam’s UN ambassador and president of the conference, said: “We should not expect this conference to resolve the underlying strategic tensions of our time.”

“But a balanced outcome that reaffirms core commitments and set out practical steps forward would strengthen the integrity of the NPT,” he said.

“The success or failure of this conference will have implications way beyond these halls,” Viet added. “The prospects of a new nuclear arms race are looming over us.”

The nuclear non-proliferation treaty (NPT), signed by almost all countries on the planet — with notable exceptions including Israel, India and Pakistan — aims to prevent the spread of nuclear weapons, promote complete disarmament, and encourage cooperation on civilian nuclear projects.

The nine nuclear-armed states — Russia, the United States, France, the United Kingdom, China, India, Pakistan, Israel and North Korea — possessed 12,241 nuclear warheads in January 2025, the Stockholm International Peace Research Institute (Sipri) reported.

The US and Russia hold nearly 90% of nuclear weapons globally and have carried out major programs to modernise them in recent years, according to Sipri.

China has also rapidly increased its nuclear stockpile, Sipri said, with the G7 raising the alarm Friday over Moscow and Beijing boosting their nuclear capabilities.

US President Donald Trump has indicated his intention to conduct new nuclear tests, accusing others of doing so clandestinely.

In March, French President Emmanuel Macron announced a dramatic shift in nuclear deterrence, notably an increase in the atomic arsenal, currently numbering 290 warheads.

‘Affront’ to NPT

“It is obvious that trust is eroding, both inside and outside the NPT,” Seth Shelden of the International Campaign to Abolish Nuclear Weapons, a Nobel Peace Prize laureate, told AFP.

He questioned the likely outcome of the four-week summit.

Decisions on the NPT require agreement by consensus, with the previous two conferences failing to adopt final political declarations.

In 2015, the deadlock was largely due to opposition by Israel’s arch-ally Washington to creation of a nuclear-weapon-free zone in the Middle East.

A 2022 impasse was due mainly to Russian opposition to references to Ukraine’s nuclear power plant at Zaporizhzhia, occupied by Moscow.

This year’s summit could hit any number of stumbling blocks.

The ongoing war in Ukraine, Iran’s nuclear programme and the war there, proliferation fears and Pyongyang’s developing arsenal could all be deal-breakers.

The United States along with its allies Britain, the UAE and Australia spoke out at Iran’s appointment as a conference vice president.

Washington’s meeting envoy said conferring a leadership role on Tehran was an “affront” to countries that take the NPT “seriously.”

Artificial intelligence could be a prominent issue as some countries call for all sides to keep human control over nuclear weapons.





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In meeting with Iranian FM, Putin pledges support for Iran

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In meeting with Iranian FM, Putin pledges support for Iran


Russian President Vladimir Putin shakes hands with Iranian Foreign Minister Abbas Araghchi during a meeting at the Boris Yeltsin Presidential Library in Saint Petersburg, Russia April 27, 2026.— Reuters
Russian President Vladimir Putin shakes hands with Iranian Foreign Minister Abbas Araghchi during a meeting at the Boris Yeltsin Presidential Library in Saint Petersburg, Russia April 27, 2026.— Reuters
  • Putin says he received message from Iran’s Supreme Leader.
  • Moscow “will do everything” to achieve regional peace: Putin.
  • Russia building two new nuclear units in Iran’s Bushehr.

Russian President Vladimir Putin held talks with Iranian Foreign Minister Abbas Araghchi in St. Petersburg on Monday and told him he hoped the Iranian people would weather what he described as a “difficult period” and that peace would soon prevail.

Russia has offered to mediate to try to help restore calm to the Middle East following US and Israeli strikes on Iran, which Moscow has condemned. It has also repeatedly offered to store Iran’s enriched uranium as a way of defusing tensions, an offer the United States has not taken up.

“For our part, we will do everything that serves your interests and the interests of all the peoples of the region to ensure that peace is achieved as quickly as possible,” Putin told Araghchi, according to Russian state media.

“Last week I received a message from Iran’s Supreme Leader. I would like to ask you to convey my most sincere thanks for this and to confirm that Russia, like Iran, intends to continue our strategic relationship,” Putin added.

Iran last year sealed a 20-year strategic partnership agreement with Moscow, Russia is building two new nuclear units at Bushehr, the site of Iran’s only nuclear power plant, and Iran supplied Russia with Shahed drones for ⁠use against Ukraine.

Araghchi said relations between Russia and Iran would continue to strengthen and thanked Putin for Moscow’s support, the state RIA news agency reported.





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French teen faces jail in Singapore for licking vending machine straw

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French teen faces jail in Singapore for licking vending machine straw


Plastic straws are on display in a shop. — Reuters/File
Plastic straws are on display in a shop. — Reuters/File

A French teenager has been charged with mischief and public nuisance in Singapore for licking a straw and putting it back in an orange juice vending machine, court documents showed Monday.

Didier Gaspard Owen Maximilien, 18, allegedly filmed himself “licking a straw and placing it back at the vending machine”, uploaded the video on Instagram knowing that it “would or would probably cause annoyance to the public”, according to the documents.

The teenager is studying in Singapore, according to court records.

The public nuisance offence carries a jail term of up to three months and a fine.

A second charge of committing mischief said Maximilien knew that he was “likely to cause wrongful loss or damage” to iJooz, the company operating the vending machine which had to replace all 500 straws in the dispenser.

The mischief offence carries a punishment of up to two years in jail on conviction and a fine, according to the charge sheet.

Both offences were allegedly committed on March 12.

The charges were lodged before a district court last Friday, and the next hearing will be on May 22.

The Straits Times newspaper said the video “quickly went viral, sparking shock and concern among netizens”.





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