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Rupert Murdoch to Step Down as Chair of Fox and News Corp
Murdoch will exit roles atop News Corp and Fox in November and will be appointed chairman emeritus. Source link
With CEO Out, BP Faces Choice of Whether to Abandon Push to Go Green
The surprise departure of Bernard Looney presents an opportunity for the oil giant to again prioritize fossil fuels. Source link
U.K. Flights Disrupted by Air-Traffic-Control Glitch
The U.K. restricted the number of flights into its airspace for several hours after a technical issue disrupted its air-traffic-control system. Source link
Why a Zara Bet Big on the Maxi Dress This Summer
Fashion retailer arms managers with bevy of data, and authority to act on it, in bid to keep ahead of rivals Source link
U.K. Inflation Slows, but Still a Worry
The annual rate of inflation slowed but it may not be falling fast enough to convince the Bank of England to pause interest rate increases.
The Economic Losers in the New World Order
Giant subsidies and rising protectionism are upending decades of free trade. Smaller countries, from the U.K. to Singapore, are getting left behind. Source link
News Corp Swings to Loss Amid Revenue Drop, Book-Publishing Struggles
CEO says news publisher is in talks with AI companies to establish the value of its content. Source link