IlluMyFi

Labyrinthine drama over which Murdoch child will get Fox Corp empire begins out of public view on Monday

The Murdoch family succession drama enters a new phase in a Reno, Nevada, courtroom this week when patriarch Rupert Murdoch will probably argue that plans by three of his children to potentially change the business model of the news-communications empire will damage the interests of Fox Corp shareholders.

Sadly for followers of the intense and labyrinthine Murdoch family drama – one that partly inspired the fictional HBO series Succession and many of its plot lines – the arguments and testimony stemming from the bitter feud will not be in public view.

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30.12.24 03:40

by theguardian.com

Japan’s Nikkei and Germany’s DAX share indices both post 19% gains in 2024 – as...

Rolling coverage of the latest economic and financial news

Japan’s blue-chip stock index has ended the year at its highest year-end finish on record, despite a small selloff today.

The Nikkei stock average ended down 386.62 points, or almost 1%, today at 39,894 points.

“There was much optimism in the first half of the year with hope for a favorable cycle in which wages increase in tandem with prices, alongside the weak yen for corporate profits.”