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New Corp's CEO faces questions from British lawmakers tomorrow over his company's phone hacking scandal. CNBC's Kayla Tausche has the details.
CNBC's Kayla Tausche with the latest details from the scandal rocking Rupert Murdoch's News Corp., and a look at whether it will spread to the U.S., with David Carr, The New York Times and Sarah Ellison, Vanity Fair.
CNBC's Kayla Tausche has the details on British PM cutting his trade mission to Africa short as the hacking scandal grows.
“Bury your mistakes,” Rupert Murdoch is fond of saying. But some mistakes don’t stay buried, no matter how much money you throw at them, the New York Times reports.
The UK's economy will grow by just 1.4 percent this year, less than expected, according to the influential Ernst & Young ITEM Club report, released on Monday.
At best, former Scotland Yard senior officers acknowledged in interviews, the police have been lazy, incompetent and too cozy with the people they should have regarded as suspects. The New York Times reports.
Eight banks, including two Greek banks, five Spanish and one Austrian bank have failed the European Banking Authority stress tests, the agency said on Friday.
The results of the banking stress tests, due on Friday after the close of European markets, will be worst for German and Spanish banks, analyst Ralph Silva of SRN told CNBC Friday.
Worldwide stocks could lose 35 percent of their value if the euro zone sovereign debt crisis worsens, according to research from Deutsche Bank.
The media mogul does an about-face and agrees to appear before a British parliamentary committee investigating the phone hacking scandal. Details with CNBC's Kayla Tausche
European banking stress tests will be a missed opportunity for policymakers to reassure markets unless they come down heavily on undercapitalized banks, analysts and investors told CNBC.com.
Rupert Murdoch, fighting to bring under control a crisis that has cost him a $12 billion deal, is unlikely to rush into the sale of the newspaper business at the heart of the hacking uproar in Britain.
The Irish economic recovery has been held back by credit ratings agency Moody's downgrading its rating to junk status, Minister for Jobs, Enterprise and Innovation Richard Bruton said Wednesday.
The British parliament will unite on Wednesday to urge Rupert Murdoch to drop plans to further expand his media empire in a move unthinkable before a phone hacking scandal exploded just two weeks ago.
Speculation has been building about who might want to buy the other newspapers owned by Rupert Murdoch's News Corp in the UK, after the News of the World closure.
After the European market closes on Friday, global markets will be digesting the results of the latest set of stress tests for European banks. Those that fail will need to raise more capital and the health of those that pass is likely to remain in doubt given questions being raised about the credibility of the tests.
The likelihood of Rupert Murdoch's News Corp being given UK government approval to complete its takeover of British Sky Broadcasting has "sharply contracted" over the last 24 hours, Alex De Groote, media analyst at Panmure Gordon told CNBC.
While governments and local councils may be expected to be prepared to deal with terrorist attacks, extreme weather conditions and contagious diseases, a potential zombie attack might not be top of the list.
Dollar lifts, euro slips, and Thailand's prime minister-elect connects on the baht - time for your FX Fix.
The storm clouds brewing over Rupert Murdoch's UK media empire are set to move closer, with the arrest of up to five employees expected within days, sources familiar with the situation told CNBC.com Thursday.