Canadian tycoon freed from prison

Canadian-born newspaper tycoon, Conrad Black, has been freed from a Florida prison on bail, pending an appeal over fraud convictions.



Black, a British peer, was released on a US$2 million bond, more than two years into a six-and-a-half year term.



The newspaper mogul will appear in a Chicago court tomorrow to hear his bail conditions.



In 2007, Black and three other Hollinger International executives were convicted of defrauding shareholders of US$6.1million.



He and the other convicted executives were found to have paid themselves tax-free bonuses from the sale of newspaper assets, without the approval of the company's board.



As part of his bail conditions Black is not allowed to leave the US.