Robert Fraser News
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A year ago, James Murdoch was promoted to News Corp.’s deputy chief operating officer, moving ever closer to succeeding his father as head of the media company. Now he’s struggling to keep his career alive.
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British Sky Broadcasting Group Plc, the U.K.’s largest pay-TV broadcaster, opened an inquiry into some of its journalists at the Sky News channel as it prepares to face investors next week.
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Billionaire investor George Soros’s fight against his 2002 insider-trading conviction in France, over the sale of Societe Generale SA shares, may end tomorrow when the European Court of Human Rights rules on his appeal.
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Bank of America Corp.’s Merrill Lynch unit will pay $1 million to resolve claims that supervisory failures enabled a Texas-based representative to operate a Ponzi scheme using a company account.
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British Sky Broadcasting Group Plc, the U.K.’s biggest pay-TV operator, may lease about 45,000 square feet (4,200 square meters) of space in Dublin, two people familiar with the matter said.
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News Corp.’s shareholders have lost $25 billion since Rupert Murdoch offered 14.6 times Dow Jones & Co.’s profit to buy the Wall Street Journal. Now, the billionaire is poised to spend as much as 17 times earnings for British Sky Broadcasting Group Plc.
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Westinghouse Solar Inc. said it filed a patent-infringement complaint at the U.S. International Trade Commission seeking to block imports of solar-power systems made by Zep Solar and Canadian Solar Inc.
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Richard Hamilton, an artist known as the father of British Pop Art, died early this morning at age 89. The cause of death was not given.
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Rupert Murdoch’s News Corp., which already abandoned its 7.8 billion-pound ($12.5 billion) bid for full control of British Sky Broadcasting Group Plc because of a phone-hacking scandal, is now being challenged on whether it should be allowed to keep its existing stake.
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European regulators asked television companies whether News Corp.’s proposed 7.8 billion-pound ($12.6 billion) acquisition of British Sky Broadcasting Group Plc would limit their access to viewers and raise advertising prices.
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