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Murdoch would prefer investing News Corp’s billions in US than UK

The News Corp's chief executive and chairman, however, claimed that the move had ‘nothing whatsoever’ to do with phone hacking at the News of the World.

Murdoch Empire must be broken: Miliband

Targeting the British Prime Minister during a speech of the Labour's National Policy Forum in Birmingham, Miliband alleged that Cameron "does not stand up to the rich and powerful".