Murdoch appoints son as co-chairman

Rupert Murdoch has brought his son Lachlan back into the fold at his global media empire by appointing him co-chairman of News Corp and 21st Century Fox after seven years away.

Younger son James, who in 2012 stepped down as head of UK newspaper business News International (NI) in the wake of the phone-hacking scandal, has also been given a bigger role as co-chief operating officer at 21st Century Fox.