Rupert Murdoch, Twenty-First Century Fox Inc CEO, arrives with his son James for the first day of the Allen and Co. media conference in Sun Valley
Rupert Murdoch, Twenty-First Century Fox Inc CEO (L), arrives with his son James for the first day of the Allen and Co. media conference in Sun Valley, Idaho in this file photo taken July 9, 2014. Rupert Murdoch's 21st Century Fox said it made a bid to buy media conglomerate Time Warner Inc but was rebuffed. The bid was worth roughly $80 billion, or $85 per share in cash and stock, a source familiar with the situation told Reuters. REUTERS/Rick Wilking/Files (UNITED STATES - Tags: BUSINESS MEDIA SOCIETY ENTERTAINMENT)
File photos of Rupert Murdoch, CEO of 21st Century Fox and Time Warner CEO Jeffrey Bewkes arriving for at the Allen and Co. media conference in Sun Valley
Rupert Murdoch, CEO of 21st Century Fox, and Time Warner CEO Jeffrey Bewkes arrive at the Allen and Co. media conference in Sun Valley, Idaho in a combination of July 11 and July 9, 2014 file photos. Murdoch's 21st Century Fox said it made a bid to buy media conglomerate Time Warner Inc but was rebuffed. The bid was worth roughly $80 billion, or $85 per share in cash and stock, a source familiar with the situation told Reuters. REUTERS/Rick Wilking/files (UNITED STATES - Tags: BUSINESS MEDIA ENTERTAINMENT) SCIENCE TECHNOLOGY)
Murdoch's Fox hunting Time Warner
TIME WARNER-FOX/ (UPDATE 2):UPDATE 2-Murdoch's Fox hunting Time Warner
Murdoch to pursue Time Warner after buyout offer snubbed: NYT
TIME WARNER-FOX/ (UPDATE 1):UPDATE 1-Murdoch to pursue Time Warner after buyout offer snubbed: NYT
China to tighten up on official vehicles in anti-graft drive
China's leadership has been leading a widespread crackdown on wasteful government spending and corruption
Thai food giant CPF denies bribing journalists
CHAROEN POK FOOD-MEDIA/CORRUPTION:Thai food giant CPF denies bribing journalists
Syria's Assad to be sworn in, set out plans for new term
Assad has defied Western calls for him to step aside during a conflict that has killed at least 170,000 people
Russia detains two over fatal Moscow metro accident
RUSSIA-ACCIDENT/ (PIX, TV):Russia detains two over fatal Moscow metro accident
A Palestinian man gestures as he speaks to members of the media in front of a house which police said was destroyed in an Israeli air strike in Rafah in the southern Gaza Strip
A Palestinian man gestures as he speaks to members of the media in front of a house which police said was destroyed in an Israeli air strike in Rafah in the southern Gaza Strip July 16, 2014. Israel resumed its air strikes in the Gaza Strip on Wednesday a day after holding its fire in deference to an Egyptian-proposed cease-fire deal that failed to get Hamas militants to halt rocket attacks.Gaza medical officials say 195 Palestinians, including at least 150 civilians, among them 31 children, have been killed. The Israeli military said that since the cease-fire deal was to have gone into effect, Hamas had fired 123 rockets at Israel, one killing a civilian - the first Israeli fatality in the fighting. REUTERS/Ibraheem Abu Mustafa (GAZA - Tags: POLITICS CIVIL UNREST)