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Media mogul Murdoch says he'll stay 'active' after passing torch
Media mogul Murdoch says he'll stay 'active' after passing torch
Economy
by  AFP

Conservative media mogul Rupert Murdoch, who hands control of his empire to son Lachlan this week, on Wednesday pledged to maintain an "active role" in the business and slammed "intolerant" elites for silencing debate one year before the 2024 election. The 92-year-old Murdoch formally passes the torch to 52-year-old Lachlan at News Corp on Wednesday.

UK rental market suffers record price rise
UK rental market suffers record price rise
Economy
by  AFP

UK housing rental prices spiked by a record rate with London hit particularly hard, official data showed Wednesday, stoking a cost-of-living crisis as inflation remains elevated despite a sharp slowdown. UK inflation also remains the highest among the G7 rich nations and is more than double the Bank of England's official two-percent target.