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Murdoch family settles dispute on control of media assets
Murdoch family settles dispute on control of media assets
by  AFP

Rupert Murdoch's children have reached a settlement in the legal dispute over control of the right-wing media mogul's companies, News Corp and Fox Corp announced Monday. The agreement establishes LGC Holdco, which will own all shares of News Corp and Fox Corp previously held by the original family trust.

BRICS leaders denounce protectionism, tariff 'blackmail'
BRICS leaders denounce protectionism, tariff 'blackmail'
by  AFP

Leaders of the 11-member BRICS bloc railed against economic protectionism and "tariff blackmail" during a virtual meeting Monday held amid a damaging trade war with US President Donald Trump. In July, Trump lashed out at the BRICS and threatened its members with additional tariffs after they voiced concern that his trade war was putting the global economy at risk.

VW unveils affordable EVs to take on Chinese rivals
VW unveils affordable EVs to take on Chinese rivals
by  AFP

Europe's top car manufacturer Volkswagen on Monday presented a series of more affordable electric vehicles to take on fast-growing Chinese rivals as Germany's troubled auto sector seeks to turn around its fortunes.

At consumer tech show, German firms fret about US tariffs
At consumer tech show, German firms fret about US tariffs
by  AFP

Displaying one of her company's hot plates proudly labelled "Made in Germany", Sigrid Klenk concedes that maintaining production at home could become harder due in part to US tariffs. "Now we have to specify the amount of steel contained in our products, especially our hot plates," she told AFP. "This has kept us very busy in recent days."