New Delhi: IIT Madras graduate Prem Watsa- led Fairfax Financials has offered to buy out Canadian firm  Blackberry for $4.7 billion bringing the Indian origin  investor back on the global M&A sce

Mining magnate Gina Rinehart on Friday laid down an ultimatum to the chairman of troubled Australia media giant Fairfax -- meet a number of performance targets or resign.

Rinehart, Fairfax's biggest

Top editors at Australian newspapers The Age and The Sydney Morning Herald resigned on Monday, after parent company Fairfax last week announced an overhaul designed to embrace the digital era.

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Australian media giant Fairfax said on Monday it will slash 1,900 jobs and erect paywalls on its flagship titles in a major overhaul towards a digital future as print advertising revenues plunge.

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