Murdoch is expected to takeover full responsibility as chief operating offer from president Chase Carey by end 2015.
The warning comes in spite of a 1% drop in the last quarter.
Templeton Emerging Markets Group boss warns corporate earnings in the US are likely to disappoint.
Credit Suisse's quarterly profit rises on gains at its private banking business and on higher securities trading.
Nomad has entered into a definitive agreement to acquire Iglo Foods from company backed by Permira funds.
GE is planning to exit bulk of its financial businesses over next few years.
Bamboo Bicycles Beijing offers people the chance to build their own bike in around two days.
AirAsia plans to sell a 30% stake in the Indonesian carrier, Fernandes said at the World Economic Forum in Jakarta.
Chain 'needs to stay relevant' to today's price-conscious customers
Conservatives to sell billions of pounds of government shares in Lloyds to small investors if they win the upcoming election.
Settlement is expected to include some cash from Morgan Stanley as well as chunk of consumer relief.
Online petition aims to stop 420-acre 'Grand Canyon Escalade' tourist centre being built.
SunGard has asked investment banks competing for advisory mandates to prepare for interviews as early as next week.
Company will supply engines and related service for 50 A380 planes for Dubai's Emirates airline.
Deal will help Coke acquire a foothold in the fast growing multi-grain drinks category and chase growth in China.
New team, led by chief executive Dave 'Drastic' Lewis, promise swift turnaround.
The index of leading shares closed Friday at 6,994.63, down 65.82 points (-0.93%)
Burberry celebrated fashion, music, and Britishness at an exclusive event staged at Griffith Observatory in Los Angeles on 16 April.
Saab's Gripen, Dassault's Mirage and the F-16 single-engine fighters could meet the Indian Air Force's requirements.
Etsy, an online marketplace for handmade goods and craft supplies, floated for about $3.88bn (£2.59bn).
Samsung's market share has improved to 27.8% in first quarter from 24.7% in fourth quarter of 2014.
Shanghai Fosun Pharmaceutical Group to raise CN¥ 5.8bn from the sale of 246.8 million shares to eight investors.
European and American institutional investors may owe $8bn to India's tax office.
Lafarge to sell assets worth $450m to Summit Materials.
Ola completed its latest funding round, generating $400m from investors led by DST Global.
Geely plans to build small crossover utility vehicle using common platform jointly developed with Volvo.
Company says it has contracts for the lower West Coast.
New chief executive David Potts continues his company-wide shake-up.
Joao Vaccari stepped down as treasurer of the ruling Workers' Party.
Profit before tax was up by 4.8% to £88.9m.