News media

Local journalism in Atlantic Canada in trouble as company known to ‘slash and burn’ buys dozens of newspapers

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Local journalism in Atlantic Canada in trouble as company known to ‘slash and burn’ buys dozens of newspapers

If you want to understand the struggling local news landscape, look no further than Atlantic Canada, where a takeover has kept the region’s largest newspaper publisher in operation, but still leaves local journalism in a tenuous state. Toronto-based Postmedia, whose titles include the National Post and the Montreal Gazette, has taken over the financially insolvent SaltWire … Read more

Postmedia enters agreement to buy SaltWire chain of newspapers

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Postmedia enters agreement to buy SaltWire chain of newspapers

Postmedia has entered an agreement to purchase SaltWire, Atlantic Canada’s largest newspaper chain, according to a news release issued Friday. SaltWire has been under creditor protection since March. It publishes more than 20 papers in Atlantic Canada, including The Chronicle Herald in Halifax, The Guardian in Charlottetown, and The Telegram in St. John’s, along with associated websites. … Read more

China reinforces central emergency response law as vast swathes battle downpours, drought

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China reinforces central emergency response law as vast swathes battle downpours, drought

The revision, passed by the Standing Committee of the National People’s Congress, China’s top legislative body, takes effect in November. Maximum penalties for anyone failing to fulfil their legal responsibilities during emergencies will increase fivefold under the revised law – from 200,000 yuan (US$27,520) to a million yuan to deter “particularly serious” situations, according to … Read more

Abrdn CIO slams jabs at company’s rebranded name

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Abrdn CIO slams jabs at company’s rebranded name

The abrdn Plc office at St Andrew Square in Edinburgh, U.K. on Thursday, Nov. 11, 2021. Jonne Roriz | Bloomberg | Getty Images The press making jabs at the current name of asset manager Abrdn, which was rebranded from ‘Standard Life Aberdeen’, amounts to “corporate bullying,” the firm’s chief investment officer Peter Branner said. The … Read more