There has only been one topic of conversation in Australian sport this week — the ball tampering antics of the Australian cricket team in their Test series against South

WATCHING Vincent Browne’s news programme on Wednesday night I found myself thinking that young people should seriously consider emigrating because the prospects here seem so bleak. This is the third major recession I can remember and there are reasons for suspecting it could be the worst, notwithstanding the ERSI’s recent prediction that things will pick up in 2011.

Footballer Wes Brown is to stay in South Africa with the Manchester United squad following the death of his pregnant sister.

International media magnate Rupert Murdoch has sealed a deal to buy Wall Street Journal publisher Dow Jones & Co. for US$5bn (€3.7bn), ending a century of family ownership and adding a new crown jewel to his global media empire, News Corp.

Rupert Murdoch moved closer to owning the Wall Street Journal today as the News Corp media conglomerate signed off on the £2.5bn (€3.6bn) deal, according to US reports.

Rupert Murdoch’s News Corp media conglomerate is waiting to hear today if controlling shareholders support his offer to buy the publisher of the Wall Street Journal.

Billionaire investor Ron Burkle is working with a union representing workers at Dow Jones & Co to explore alternatives to Rupert Murdoch's $5bn (€3.69bn) bid for the company, which publishes The Wall Street Journal.

The family that controls Dow Jones & Co, publisher of The Wall Street Journal, said today it would consider a bid from media mogul Rupert Murdoch to buy the company, as well as other potential offers.

The US publisher of the The Wall Street Journal today said it had received a preliminary takeover approach from Rupert Murdoch’s media company News Corporation.