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![Hacking scandal sends News shares on $8.6 billion slide](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Hacking scandal sends News shares on $8.6 billion slide
News Corp's loss of $7b in market value over four trading days shows investor concerns that the phone hacking probe could have a broader impact on the company.
![Italy catches cold as world markets dip overnight](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Italy catches cold as world markets dip overnight
Fear that the debt crisis in Europe is spreading has sent investors running for the exits, hammering both global equities and the euro.
![Rakon: A star is reborn](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Rakon: A star is reborn
Could the planets be realigning for former sharemarket darling Rakon? Anthony Doesburg reports.
![World shares stay firm on Greece optimism](/pf/resources/images/placeholders/placeholder_l.png?d=796)
World shares stay firm on Greece optimism
The tone on Wall Street and Europe's equity markets remained positive overnight amid optimism the EU is making progress in its efforts to avert a Greek default.
![World markets slump on economy, oil news](/pf/resources/images/placeholders/placeholder_l.png?d=796)
World markets slump on economy, oil news
World markets fell overnight, pulled down by poor economic news and the surprise announcement that the International Energy Agency would release oil from strategic reserves.