Europe

One evening in October of last year, after a reported couple of drinks in a Brooklyn bar, Rupert Murdoch was giving a good impression of a man who thought he had seen the future. From his car on the way home he tweeted: "Who's heard of VICE media? Wild, interesting effort to interest millennials who don't read or watch established media. Global success."

The months since have served to emphasise the Digger's clairvoyance

Qatar's sovereign wealth fund may seek a supervisory board seat and strategic partnership with Lagardere, potentially deepening its ties with the French media-to-aerospace conglomerate in which it is the biggest shareholder.

Qatar Holdings said in a letter published on Tuesday by French stock market regulator AMF it may raise its stake, but would not seek to take over the company.

Lagardere is effectively insulated from takeover by a governance structure, known as a commandite. This gives broad powers to chief executive Arnaud Lagardere.

Hearst Corporation and iCrossing today announced an agreement for Hearst to acquire iCrossing, one of the largest independent digital marketing services providers in the world. The announcement was made by Frank A. Bennack, Jr., vice chairman and CEO, Hearst Corporation, and Don Scales, president and CEO, iCrossing.

In a letter to its membership this afternoon, BPA announced a number of rule amendments. Here's the letter:

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