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☆ Melbourne City boss Vidosic dumped after two games of A-League season
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +1 min

MELBOURNE, Nov 1 (Reuters) - Melbourne City manager Rado Vidosic has been sacked two games into the A-League season and replaced by Aurelio Vidmar. City, the sister club of Premier League giants Manchester City, were thrashed 6-0 by Adelaide United on Sunday following a 2-1 defeat in their season-opener against cross-town rivals Western United. Former Australia captain Vidmar takes over as head coach for the rest of the season, City said. "During his five years at the Club, Vidosic has been an integral part of on-field success, winning silverware with the Youth, Women’s and most recently Men’s teams," City said in a statement. Reporting by Ian Ransom in Melbourne; Editing by Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

Persons: Rado Vidosic, Aurelio Vidmar, Vidosic, Patrick Kisnorbo, Vidmar, City, Ian Ransom, Edwina Gibbs Organizations: MELBOURNE, Melbourne City, United Arab, League, Central Coast Mariners, Premier League, Manchester City, Adelaide United, Western United, Former Australia, Socceroos, Adelaide, Melbourne Victory, Victory, Thomson Locations: United Arab Emirates, City, Adelaide, Melbourne

The deal represents a bet on energy transition, as power utilities, grid operators and renewable energy developers turn to simulation software to fine-tune use of production capacity and maximize efficiencies. Vista, Blackstone, Riverside and Energy Exemplar declined to comment. Energy Exemplar has grown at an annual compound rate of 30% since 2018 under Riverside's ownership, the sources said. Blackstone is investing in Energy Exemplar through its energy transition arm, which is in the process of raising a new fund. Its previous investments include Transmission Developers, solar mounting firm Esdec, environmental engineering firm Geosyntec, environmental commodity exchange Xpansiv, and renewable energy firm Invenergy.

Persons: Blackstone, Anirban Sen, Edwina Gibbs Organizations: Blackstone Group, REUTERS, Blackstone, Vista Equity Partners, Australia's, . Energy, Riverside Company, Blackstone Energy, Partners, U.S . Securities, Exchange Commission, The, Developers, Foundation, Thomson Locations: New York City, U.S, Vista, Blackstone, Riverside, North Adelaide, The New York, New York

☆ Australia's tight rental market forces tenants to make tough choices
▼ + stars: | 2023-10-29 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

Reuters GraphicsNEARING THE PEAKMany tenants, particularly in the most expensive city Sydney, have already been priced out of houses. PropTrack data showing house rents nationally were unchanged at A$550 per week, or about A$2,380 ($1,508) per month, in the September quarter. Apartment rents nationally jumped 4% during the quarter, double the June quarter rate of increase, to an average of A$520 per week, making them almost as costly. Prices across Australia's entire rental stock rose 7.6% in the third quarter from a year ago, the largest increase since 2009, according to official data, and similar to gains seen in the U.S. where rental costs have also surged. ($1 = 1.5780 Australian dollars)Reporting by Stella Qiu; Editing by Wayne Cole and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: Lara Weeks, Weeks, Cameron Kusher, Michele Bullock, Christian Postiglione, Tim Beattie, Beattie, Stella Qiu, Wayne Cole, Jamie Freed Organizations: REA, Reuters Graphics, Reserve Bank of Australia, Nationwide, ANZ, Housing, Thomson Locations: SYDNEY, Sydney, U.S, Bondi, Australia, Western Australia, Adelaide

☆ Why Adelaide Might Secretly Be Australia’s Coolest City, According to Insiders
▼ + stars: | 2023-10-27 | by ( Emily Pennington | Photographs Sia Duff For The Wall Street Journal | ) www.wsj.com time to read: 1 min

THE CAPITAL of South Australia, Adelaide offers an almost utopian alternative to the typical urban sprawl. A moat of lush parklands surrounds a one-square-mile city center full of shops and restaurants. Beyond that, leafy suburbs give way to the Adelaide Hills, where koalas roam, and to the sea. Recently, transplant chefs from China and Vietnam have infused the petite city of just over a million people with diverse flavors. Best of all, it’s supremely easy to wander Adelaide by foot, stumbling upon discoveries while enjoying long, post-food-coma strolls.

Organizations: Adelaide Hills Locations: South Australia, Adelaide, Barossa, China, Vietnam

☆ Rhiannon Hoyle — Reporter at The Wall Street Journal
▼ + stars: | 2023-10-16 | by ( Rhiannon Hoyle | ) www.wsj.com time to read: 1 min

Rhiannon HoyleRhiannon Hoyle is a reporter for the The Wall Street Journal in Australia, where she mostly writes about mining and commodities. Her stories explore the way mining affects industry, communities and the environment, and how investment decisions by mining executives can ripple through global markets.She also writes about broader economic and geopolitical issues affecting the region, including trade, diplomatic relations and defense. Rhiannon joined the Journal's Australia bureau in 2012 following a two-year stint in its London office, where her reporting focused on the global metals trade. She was previously chief reporter at a construction-industry magazine, also in London. Rhiannon started her journalism career at the Advertiser in Adelaide, Australia.

Persons: Rhiannon Hoyle, Rhiannon Hoyle , Rhiannon, Rhiannon Organizations: Street, Australia , Journal's Locations: Australia, Journal's Australia, London, Adelaide

☆ Pro-Palestinian rallies in Australia over Gaza draw thousands
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, Oct 15 (Reuters) - Thousands of people attended pro-Palestinian rallies in Australian state capitals on Sunday despite police threats to curb them, amid tensions after the bloody Hamas incursion into Israel eight days ago. Pro-Palestine rallies were also being held on Sunday in state capitals Adelaide and Melbourne, where thousands protested, according to The Guardian Australia. Countries across the developed world are curbing pro-Palestinian protests out of concern the Israel-Hamas conflict could trigger violence at home. France banned pro-Palestinian protests on Thursday saying they were likely to "generate disturbances to public order". In Sydney, police arrested three men on Friday outside the Jewish Museum of Australia in Sydney for making Nazi salutes, media reported.

Persons: Amal Naser, Naser, Sam McKeith, Lewis Jackson, Muralikumar Organizations: SYDNEY, Palestine Action, Reuters, Police, Palestine Action Group, Palestine, Guardian, Jewish Museum of Australia, Nazi, Thomson Locations: Israel, Sydney, New South Wales, Palestine, Adelaide, Melbourne, Guardian Australia, France

☆ Australia's Head resumes batting after fracture, eyes return at World Cup
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +1 min

Oct 15 (Reuters) - Australian opener Travis Head has returned to batting for the first time since he fractured his left hand and could join the World Cup squad on Friday, Cricket Australia said on Sunday. Head broke his finger in a one-day international against South Africa last month but was included in the 15-man World Cup squad as selectors hoped he would be fit in time for the latter stages of the tournament. "It's coming along well, and probably better than we hoped," Head told cricket.com.au. Head says there was stiffness having had a splint for four weeks but was able to bat and play some shots. Australia are winless in two games and sit ninth in the standings ahead of Monday's game against Sri Lanka in Lucknow.

Persons: Travis Head, Head, cricket.com.au, Rohith Nair, Christian Radnedge Organizations: World, Cricket Australia, South, Sri, Thomson Locations: South Africa, Adelaide, India, Netherlands, New Delhi, Australia, Sri Lanka, Lucknow, Bengaluru

☆ Australia plans more repatriation flights from Israel, subject to security issues
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Mohammed Fayq Abu Mostafa Acquire Licensing RightsSYDNEY, Oct 15 (Reuters) - Australia plans more flights to repatriate citizens from Israel after plans for two flights were cancelled on Saturday, Foreign Minister Penny Wong said, but they depend on concerns about security. "I can confirm that the Australian government is planning multiple flights to depart from Tel Aviv today for Australians wanting to leave," Wong told reporters in Adelaide, the capital of South Australia. I want to stress these flights remain subject to factors including the security environment," she added on Sunday. Two planned flights were cancelled late on Saturday because of what the foreign affairs department called a "highly challenging" regional situation. More than 200 Australians and their families arrived safely in London, SBS News said, brought by the first of a planned series of repatriation flights that left Israel on Friday.

Persons: Mohammed Fayq Abu Mostafa, Penny Wong, Wong, Sam McKeith, Clarence Fernandez Organizations: REUTERS, Rights, Hamas, SBS News, Thomson Locations: Gaza, Australia, Israel, Tel Aviv, Adelaide, South Australia, Palestinian, London, Sydney

☆ Pro-Palestinian Rallies in Australia Over Gaza Draw Thousands
▼ + stars: | 2023-10-14 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

SYDNEY (Reuters) - Thousands of people attended pro-Palestinian rallies in Australian state capitals on Sunday despite police threats to curb them, amid tensions after the bloody Hamas incursion into Israel eight days ago. Pro-Palestine rallies were also being held on Sunday in state capitals Adelaide and Melbourne, where thousands protested, according to The Guardian Australia. Countries across the developed world are curbing pro-Palestinian protests out of concern the Israel-Hamas conflict could trigger violence at home. France banned pro-Palestinian protests on Thursday saying they were likely to "generate disturbances to public order". In Sydney, police arrested three men on Friday outside the Jewish Museum of Australia in Sydney for making Nazi salutes, media reported.

Persons: Amal Naser, Naser, Sam McKeith, Lewis Jackson, Muralikumar Anantharaman Organizations: SYDNEY, Palestine Action, Reuters, Police, Palestine Action Group, Palestine, Guardian, Jewish Museum of Australia, Nazi Locations: Israel, Sydney, New South Wales, Palestine, Adelaide, Melbourne, Guardian Australia, France

☆ 'Kindness costs nothing', says Australian PM in final plea ahead of Indigenous referendum
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +3 min

SYDNEY, Oct 13 (Reuters) - Australia Prime Minister Anthony Albanese made a final plea to vote in favour of recognising Indigenous people in the constitution in a referendum on Saturday, as opinion polls show the vote is set to fail. The latest opinion poll released on Thursday predicted the 'No' camp sweeping the polls with a lead of 56% over the 'Yes' vote that's at 38%, with some 6% undecided. In 1967 a referendum to count Indigenous people as part of the Australian population was a resounding success as it secured bipartisan political support. The 2023 referendum has not garnered united political support, with leaders of the major conservative parties campaigning for a 'No' vote. Supporters argue the Voice will bring progress for Indigenous Australians, while some opponents say enshrining one group in the constitution would be divisive.

Persons: Anthony Albanese, Albanese, haven’t, Noel Pearson, Praveen Menon, Michael Perry Organizations: SYDNEY, Australia, Aboriginal, REUTERS, Indigenous, Thomson Locations: Torres, Adelaide, Todd, Alice Springs, Australia

☆ Australia PM 'optimistic' of long-shot win in Indigenous rights referendum
▼ + stars: | 2023-10-08 | by ( ) www.reuters.com time to read: +2 min

"I'm optimistic," Albanese told the Australian Broadcasting Corp (ABC) on Sunday morning, according to a transcript. "Whether it be Shepperton or Sydney or Brisbane, Melbourne, the places I've been, Hobart, Adelaide in the last week, have been extremely positive." Albanese's centre-left Labor government backs the referendum, while the opposition Liberal-National conservatives urge a "No" vote on Oct. 14. If the "Voice to Parliament" referendum is approved, it would constitutionally enshrine Indigenous people and set up an advisory body for their input on policies that affect them. Last month, thousands rallied in state capitals to support the yes campaign, which sees the measure as necessary to boost outcomes for the nation's Indigenous people.

Persons: Anthony Albanese, Albanese, I've, Sam McKeith, William Mallard Organizations: SYDNEY, Australia's, Australian Broadcasting Corp, Labor, Liberal, Thomson Locations: Shepperton, Sydney, Brisbane, Melbourne, Hobart, Adelaide, Australians, Australia's, New South Wales

☆ Researchers link popular weight loss drugs to serious digestive problems for ‘hundreds of thousands’ worldwide
▼ + stars: | 2023-10-05 | by ( Brenda Goodman | ) edition.cnn.com time to read: +11 min

They can help people with diabetes control their blood sugar and lead to substantial weight loss for people with or without diabetes. Liraglutide was FDA approved as a weight loss medicine since 2014. What’s been less clear is whether patients taking these drugs for weight loss may have the same serious side effects. CNN reached out to Novo Nordisk, the manufacturer of both injectable weight loss drugs examined in this study, for comment. Sodhi said they started the man on a medication that treats stomach paralysis, “and he got a lot better,” Sodhi said.

Persons: Ozempic, ”, Mahyar, —, It’s, Liraglutide, it’s, Mohit Sodhi, Sodhi, Ian Musgrave, Musgrave, What’s, “, ” Sodhi, Dr, Sanjay Gupta Organizations: CNN, University of British, US Food and Drug Administration, FDA, “, University of Adelaide, Science Media Centre, BMI, Novo Nordisk, CNN Health Locations: University of British Columbia, Australia, Novo

Mining operations account for some 4%-7% of global greenhouse gas emissions, according to global consulting firm McKinsey & Company. But some miners are moving to reduce use of fossil fuels in extracting and refining, partly due to pressure from downstream customers that want more sustainable supply chains. Located beside a crystal-blue lake in the lush jungle of Sorowako, South Sulawesi, Vale Indonesia — a subsidiary of Vale international — runs its smelters entirely from hydroelectricity. Other companies and countries around the world also are reducing use of fossil fuels in their mining operations. But now, having that infrastructure means big savings at a time when global energy prices are high.

Persons: Michael Goodsite, “, Joko Widodo, Widodo, “ Ford, ” Christopher Smith, Febriany Eddy, Eddy, it’s, ” Eddy, Aimee Boulanger, there’s, they’ve, ” Goodsite Organizations: McKinsey & Company, Vale, Companies, University of Adelaide, Volvo, Mercedes, Hyundai, Apple, Ford Motor Co, Vale Indonesia, Associated Press, Initiative for, Mining Assurance, —, AP Locations: SOROWAKO, Indonesia, Indonesian, Sulawesi, Sorowako, South Sulawesi, Indonesia —, Chile, Raglan, Canada, Australia, ” Indonesia, Vale Indonesia, China, United States

☆ Remembering Namibia’s record-breaking 142-0 Rugby World Cup defeat
▼ + stars: | 2023-09-27 | by ( Ben Morse | ) edition.cnn.com time to read: +8 min

CNN —Namibia has always been an underdog at the Rugby World Cup. Facing host Australia in Adelaide, Namibia was beaten 142-0, the largest winning margin in Rugby World Cup history. “But what an occasion just to be at a World Cup, no matter what the score was. David Davies/PA Images/Getty Images‘What chance did we have?’Expectations were realistic amongst the Namibian squad heading into the 2003 Rugby World Cup. Christophe Simon/AFP/Getty ImagesIn the end, the margin of the defeat of 142 points was a record for a Rugby World Cup match.

Persons: Eben Izaacs, England –, Chris Latham, Tuqiri, Matt Giteau, Mat Rogers, ” Izaacs, David Davies, Jurgens van Lill –, –, “, ”, team –, Webb Ellis, ” van Lill, Latham, Stirling Mortlock, Rogers, van Lill, Izaacs, Mat Rogers –, Christophe Simon, – Izaacs, Nathan Sharpe, Kees, hasn’t, Deon Mouton, Cliff Loubser, Gerswin, we’ve, Allister Coetzee, ” Van Lill’s Organizations: CNN, Rugby, CNN Sport, Australia –, England, Namibia, Adelaide Oval, Namibian, Australia, rugby, team, Argentina, Getty, Springboks Locations: Namibia, Qatar, Botswana, Gabon, South Africa, Australia, Adelaide, Argentina, Ireland, AFP, France, Italy, New Zealand, America, England, Uruguay

☆ ATP roundup: Alexander Zverev reaches Chengdu final
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +1 min

Mandatory Credit: Danielle Parhizkaran-USA TODAY Sports/File Photo Acquire Licensing RightsSeptember 25 - Top-seeded Alexander Zverev of Germany will meet unseeded Russian Roman Safiullin in the Chengdu Open final in Chengdu, China. Zverev saved all five break points and fired nine aces in a 6-3, 7-6 (2) semifinal win on Monday against No. Zverev is chasing his first hard-court title since the Nitto ATP Finals in November 2021. Standing in the way is Safiullin, who reached the final of the ATP 250 event with a 6-3, 6-4 upset against No. Nishioka advanced Monday with a 6-4, 6-4 win against Russia's Aslan Karatsev.

Persons: Alexander Zverev, Carlos Alcaraz, USTA Billie Jean King, Danielle Parhizkaran, Zverev, Grigor Dimitrov of Bulgaria, Lorenzo Musetti, Safiullin, Karen Khachanov, Sebastian Korda, Korda, Nishioka, Russia's Aslan Karatsev, Karatsev Organizations: USTA Billie, USTA Billie Jean King National Tennis Center, Zhuhai, Adelaide, Thomson Locations: Flushing , NY, USA, Germany, Spain, Russian, Chengdu, China, Italy, Russia, Japan, Zhuhai

☆ Not much exciting about Aussie banks as high costs pressure earnings - Macquarie
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

Australia's "Big Four" banks - among the top seven listed companies in the country - control 75% of the country's A$2 trillion mortgage market. That euphoria is now largely over as high living costs impact borrowers' capacity to repay loans. Macquarie, an investment bank with a small retail banking operation, said banks' cost bases are likely to remain under pressure as more than 70% of their expenses related to personnel. Macquarie added that it expects banks' expenses to grow by around 1% to 7% in fiscal 2023 through to fiscal 2025, with third-biggest lender Westpac Banking Corp (WBC.AX) seen being impacted more than its peers. The regional banks will remain disadvantaged in the current environment as they will have to continue to invest to keep up, Macquarie said, estimating up to 4% higher expenses than consensus.

Persons: Macquarie, Sameer Manekar, Janane Organizations: Macquarie, Westpac Banking Corp, ANZ Group Holdings, CBA, NAB, Adelaide Bank, Bank of Queensland, Thomson Locations: Bendigo, Bengaluru

☆ Rupert Murdoch's exit ends chapter for polarising figure in his native Australia
▼ + stars: | 2023-09-22 | by ( Byron Kaye | ) www.reuters.com time to read: +5 min

Even at a time when media consumption is splintering from traditional routes, particularly among younger people, Murdoch's influence is embedded in the country's information ecosystem because of its massive reach, media experts said. His local properties include Sky News Australia, a cable TV channel fashioned on the partisan style of U.S. network Fox News. "The Murdoch papers still have that key reach with working-class demographics that can still be influential," he said. "He has been in lots of ways a controversial figure, but an influential figure too, and this is an end of an era at News." Murdoch's exit cuts a native tie between News Corp and Fox Corp and Australia, where Murdoch was born.

Persons: Rupert Murdoch, Jonathan Ernst, Rupert Murdoch's, Stephen Mayne, Murdoch, Mayne, Shane Homan, Honan, Jim Chalmers, Chalmers, Penny Wong, Malcolm Turnbull, it's, Turnbull, Lachlan Murdoch, James Murdoch, Byron Kaye, Jamie Freed Organizations: USS, Air, Space Museum, REUTERS, Rights, Fox Corp, News Corp, Sky News Australia, Fox, Sky, Monash, Australian Broadcasting Corp, Labor, Labor Party, News, America, ABC, Google, Thomson Locations: New York, U.S, Adelaide, Australia, Britain, Australian, Sydney, Canada

☆ Not much exciting about Aussie banks as high costs pressure earnings, Macquarie says
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

Persons: Loren Elliott, Macquarie, Sameer Manekar, Janane Organizations: Central Business, REUTERS, Macquarie, Westpac Banking Corp, ANZ Group Holdings, CBA, NAB, Adelaide Bank, Bank of Queensland, Thomson Locations: Sydney, Australia, Bendigo, Bengaluru

☆ Legendary investor Jeremy Grantham calls Elon Musk a 'wonderful propagandist' and warns home prices will fall 30%. Here are the best 10 quotes from a new interview.
▼ + stars: | 2023-09-22 | by ( Matthew Fox | ) www.businessinsider.com time to read: +6 min

Legendary investor Jeremy Grantham warned that home prices are doomed to fall amid high mortgage rates. What the stock market loves"It loves low inflation. The crucial ingredient to a stock market bubble"The surge that took place in late 2020 finally had the characteristics that have been missing for 10 years. [NFTs], meme-stocks, QuantumScape is the biggest scale of any bubble in [stock market] history." That's the biggest bubble I think in history, including the South Sea bubble."

Persons: Jeremy Grantham, Tesla's Elon Musk, Elon Musk's salesmanship, Grantham, Josh Brown, Michael Batnick, I've Organizations: Service, Elon, Ritholtz, Stock Locations: Wall, Silicon, Beijing, Shanghai, Sydney, Adelaide, Canada, London, Toronto, Boston, Japan, Manhattan, Downtown Manhattan, Tokyo

BRISBANE, Australia (AP) — It’s a frequent — and most often frantic — high-pitched yell when kids playing street hockey in North America know their game is about to be interrupted. While ice hockey in Australia is definitely non-traditional, it's been around for a while, and has a profile. Ice hockey has a surprising 120-year history in Australia. Organized hockey games featuring more North American rules started when ice rinks opened up a few years later in 1906 in Melbourne and Sydney. The first Australian-born NHL player — Jordan Spence — made his NHL debut during the 2021-22 season with the Kings.

Persons: —, Mark Black, it's, Black, ”, women's Hockeyroos, It's, — Jordan Spence —, Prince Edward Island, Spence, Louis, Nathan Walker, Walker, Melbourne's Rod Laver, ” Black Organizations: National Hockey League, American, NHL, Southern, Los Angeles Kings, Arizona Coyotes, NHL Street Hockey, Associated Press, Ice Hockey League, Kings, Arizona . Ice Hockey Australia, Louis Blues, Washington Capitals, Capitals, Blues, Ice Hockey Australia, International Ice Hockey Federation, Melbourne's, Melbourne's Rod Laver Arena Locations: BRISBANE, Australia, North America, Southern Hemisphere, Melbourne, Las Vegas, Nashville, Tampa , Florida, Victoria, Adelaide, South Australia, Sydney, Australian, beachside Sydney, Manly, Osaka, Japan, Prince, Canada, Cardiff , Wales, Czech Republic, Czechoslovakia, United States

NEW YORK (AP) — Rupert Murdoch, the 92-year-old Australian media magnate whose creation of Fox News made him a force in American politics, is stepping down as leader of both Fox's parent company and his News Corp. media holdings. Fox said Thursday that Murdoch would become chairman emeritus of both companies, effective at board meetings in November. Stock in Fox Corp., while positive this year, began to decline early in 2022, due in part to lawsuits and investor anxiety over the loss of viewers to smaller media outlets. While Murdoch never ran for political office, politicians in the United States and Britain anxiously sought his approval. Murdoch dismissed them as isolated instances that were “largely political because we're conservative.”Shares of News Corp. and Fox rose Thursday in early trading.

Persons: — Rupert Murdoch, Fox, Murdoch, Lachlan, Lachlan Murdoch, Rupert Murdoch, Tucker Carlson, Michael Wolff, ”, Paolo Pescatore, ” Murdoch, James, Elisabeth, Prudence, Donald Trump, Wolff, Trump, Ron DeSantis, DeSantis, Britain's, Roger Ailes, Bill O'Reilly, ___, Kelvin Chan, Jill Lawless Organizations: Fox News, News Corp, Fox Corp, Fox, ABC, CBS, NBC, Street Journal, New York, Walt Disney Co, Marvel, Geographic, Channel, CNN, MSNBC, Stock, “, Foresight, HBO, Forbes, Florida Gov, Sky, Sunday Times, Sun Locations: Adelaide, Australia, United States, Britain, Sky, London

☆ How Rupert Murdoch Built His Media Empire
▼ + stars: | 2023-09-21 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: 1 min

Rupert Murdoch, the 92-year-old media tycoon who announced his retirement on Thursday, spent the past 70 years building a global media empire that gave him influence in journalism, politics and pop culture. Over dozens of acquisitions, Mr. Murdoch created a media conglomerate known for the rise of the modern tabloid and conservative commentary. His tenure has not been without scandal: One of his properties in Britain folded in 2011 after a phone-hacking inquiry, and he admitted this year that Fox News had spread falsehoods about the 2020 U.S. presidential election. Here’s how Mr. Murdoch built his empire:1950sThe Australian-born mogul ventured into media in 1952 when he inherited his family’s business after the death of his father, Keith Murdoch. A 21-year-old Oxford student, he inherited The News of Adelaide, a newspaper in southern Australia with a circulation of 75,000.

Persons: Rupert Murdoch, Murdoch, Keith Murdoch Organizations: Fox, Oxford Locations: Britain, Australian, Adelaide, Australia

☆ Rupert Murdoch steps down as chairman of Fox and News Corp.
▼ + stars: | 2023-09-21 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +8 min

Rupert Murdoch is stepping down as chairman of the board of both Fox Corp. and News Corp. , the companies said Thursday. Lachlan Murdoch, one of his sons, will become sole chairman of News Corp. and will continue as Fox Corp.'s executive chair and CEO. At the time, Fox had opposed having the elder Murdoch — as well as other top Fox executives — appearing in person, citing his age. Since July 2022, Murdoch had worked from his home in Montana rather than going into Fox or News Corp. offices, according to a securities filing. News Corp. owns newspapers The Wall Street Journal and New York Post, among other publications, while Fox is the parent company of right-leaning TV networks Fox News and Fox Business.

Persons: Rupert Murdoch, Murdoch, Lachlan Murdoch, –, Joe Biden, Donald Trump, Murdoch's, Fox, Murdoch —, —, Fox wouldn't, Tucker Carlson, Marvin Davis, Michael Wolff's, Read, Lachlan Organizations: Fox Corp, News Corp, Voting Systems, Fox News, Fox, Wall Street, New, New York Post, Fox Business, News, Century Fox, Fox News Channel, Disney Locations: Dominion, Delaware, Montana, New York, Australian, Adelaide, Australia, Britain, U.S, cahoots

Over the years, Murdoch's family has also risen into the spotlight — accompanied by stories of vindictive business tactics and inter-family rivalries. WHO IS LACHLAN MURDOCH? Lachlan has been CEO for Fox Corp. since 2019, following Disney's acquisition of 21st Century Fox. Lachlan rose to executive ranks of the family business, then known collectively as News Corp, in the 1990s and early 2000s. James Murdoch is Lachlan's younger brother, also among the children from their father's second marriage.

Persons: Rupert Murdoch, Lachlan, Murdoch, Australia —, James, Elisabeth, Prudence, ” Murdoch, LACHLAN MURDOCH, Lachlan Murdoch, Anna, —, Fox's, Roger Ailes, JAMES MURDOCH, James Murdoch, James —, ” James, Murdochs, ELISABETH MURDOCH, Elisabeth Murdoch, Murdoch's, PRUDENCE MURDOCH MACLEOD, Prudence Murdoch MacLeod, Patricia, Prudence didn’t, CHLOE MURDOCH, Grace, Chloe Murdoch, Rupert Murdoch’s, Wendi Deng, Chloe, Kathryn Murdoch Organizations: — Media, Monday, Fox News, News Corp, HBO, Fox Corp, Fox, Century Fox, Fox Television, New York, CNN, Illyria Pty, WHO, News . Corp, Street Journal, Harvard University, Rawkus Records, Star India, Sky, British Sky Broadcasting, Sky Networks, Shine, Endemol, Times Newspapers, News UK, Yale University, Stanford University, AP Locations: Adelaide, Australia, U.S

On Thursday, Charles, Camilla, Macron and his wife Brigitte will visit the Notre-Dame cathedral to view restoration works following a massive blaze in 2019 that destroyed its roof. Charles and Camilla will then head to the southwestern city of Bordeaux on Friday, where excursions will include a visit to an organic vineyard. [1/11]King Charles III with French President Emmanuel Macron as they walk from the Elysee Palace, Paris, to the British Ambassador's Residence, during the state visit to France. Charles had hoped for a state visit to France to have been his first as king, but a March trip was postponed due to tense protests in France over pension reforms, much to Macron's embarrassment. Fifteen year-old Alexia Aubert said: "I think since Elizabeth died, the royal family isn't as important as it was, King Charles isn't as important and symbolic as Elizabeth, so it doesn't really matter if he comes or not."

Persons: Brexit PARIS, King Charles, Emmanuel Macron, Queen Camilla, Elisabeth Borne, Marie, Noelle Ahanso, Noelle, Charles, Hugh Grant, Mick Jagger, Arsene Wenger, Didier Drogba, Bernard Arnault, Camilla, Macron, Brigitte, King Charles III, Yui Mok, Queen Elizabeth, Adelaide de, Tonnerre, Charles's, Diana, Brigitte Macron, Liz Truss, Rishi Sunak, He's, Mireille, Alexia Aubert, Elizabeth, King Charles isn't, Elizabeth Pineau, Michel Rose, Noemie Olive, Juliette Jabkhiro, Louise Dalmasso, Michael Holden, Ingrid Melander, Bernadette Baum Organizations: French, Reuters, Arsenal, Notre, Dame, British, REUTERS Acquire, Adelaide de Clermont, Vue, ENTENTE, European Union, Former British, entente, Thomson Locations: Bordeaux, Britain, France, Paris, French, Versailles, Ukraine, Sahel, British, Elysee, Adelaide, London

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