News Corp profit trebles to €902m

RUPERT MURDOCH’S News Corp media empire has seen quarterly profits nearly treble to £620 million (€902m), boosted by the sale of education titles in Britain.

The group announced that total sales in its second quarter rose 1.5% to £3.84 billion (€5.6bn).

Last October’s sale of the Times Educational Supplement resulted in a one-off financial gain of just over £218m (€317.22m).