Media mogul Rupert Murdoch hurt his back in a recent sailing accident, and will be working at home for some weeks.

Rupert Murdoch’s News Corp is set to take control of a significant slice of Ireland’s commercial radio market after agreeing a £220.3m (€266m) takeover of Belfast-based Wireless Group.

Rebekah Brooks will return to News Corp as chief executive of its UK division a year after she was cleared in the phone hacking trial, it has been reported.

Expansion costs at the online news agency established by former RTÉ presenter Mark Little contributed to accumulated losses at the firm increasing by €2.2m to €5.8m, last year.