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World markets tumble on renewed economic fears European stock markets traded sharply lower Thursday following overnight losses in Asia, as investors fretted about the global economy ahead of expected interest rate reductions later from the European Central Bank and the Bank of England. 06 Nov 2008
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Panic again: Dow finishes below 10,000, biggest loss ever Wall Street joined in a worldwide cascade of despair Monday over the financial crisis, driving the Dow Jones industrials to their biggest loss ever during a trading day. Even a big afternoon rally failed to keep the Dow from its first close below 10,000 since 2004. 07 Oct 2008
News Corp to invest $100 million in India on launching 6 new regional TV channels Emphasizing the growing importance of India in News Corporation's (News Corp) business plans, billionaire media mogul Rupert Murdoch said it would invest around $100 million on launching six new regional television channels under the STAR brand in India, three of which would be in Bengali, Marathi and Gujarati languages. 05 Aug 2008
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Murdoch unveils India Titans 30 Index to track stock market performance of blue chip cos. Billionaire media mogul, Rupert Murdoch, chairman and CEO of media conglomerate News Corporation (News Corp), was in Mumbai on Monday to unveil the Dow Jones India Titans 30 Index that would measure the performance of the 30 largest and most liquid stocks listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). 05 Aug 2008
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Dow Jones shareholders approve News Corp buyout Dow Jones & Co Inc shareholders voted to approve a $5.6 billion buyout by News Corp on Thursday, giving Rupert Murdoch control of one of the world's most influential newspapers, the Wall Street Journal. 14 Dec 2007
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Deal Done: Murdoch gets Dow Jones for $5 billion Media mogul and owner of News Corporation Rupert Murdoch has come a step closer to clinching ownership of the Wall Street Journal's publisher, Dow Jones, after key members of the controlling Bancroft family switched sides to back his $5 billion takeover bid. 02 Aug 2007
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Bancroft family to consider bid for Dow Jones The far-flung family that controls financial publisher Dow Jones & Co. is expected to decide within days whether it will relinquish its stake and let Rupert Murdoch's News Corp. get the company for $5 billion. 24 Jul 2007
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Dow Jones dismisses report of WSJ sale, talks to continue A report by The Business magazine on its website that News Corp. chief and media mogul Rupert Murdoch has succeeded in his $5 billion (£2.5bn) bid to buy Dow Jones, the parent company of The Wall Street Journal has been dismissed by Dow Jones and its controlling Bancroft family which said that talks have not been completed and the discussions are still on about issues like pricing. 09 Jul 2007
