WSJ Europe pulls Dubai sponsorship

NEW YORK: The Wall Street Journal's European edition withdrew its sponsorship of the Dubai Tennis Championships on Tuesday after the United Arab Emirates denied a visa to Israeli player Shahar Peer.

"The Wall Street Journal's editorial philosophy is free markets and free people, and this action runs counter to the Journal's editorial direction," the paper said in a statement.

A WSJ spokesman declined to say how much money the Journal had planned to give to the tournament. The Wall Street Journal's parent company, Dow Jones & Co, is owned by Rupert Murdoch's international media conglomerate News Corp.