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News Corp split to boost Murdoch pay 15%

US media magnate Rupert Murdoch will get a 15 percent pay hike with the split-up of News Corp. into two publicly traded companies, according to a company filing published Friday. Murdoch will see his combined compensation from the two entities jump to $28.3 million in fiscal 2014, from $24.6 million this year, according to a News Corp. filing to the Securities and Exchange Commission. The additional funds will be linked to company performance in the fiscal year ending June 30, the SEC filing said.

Russia accuses US of meddling after 'witch hunt' remarks

Moscow on Saturday accused Washington of interfering in its domestic affairs after the State Department compared searches of Russian non-governmental organisations to a "witch hunt." The Russian foreign ministry referred to remarks by State Department spokeswoman Victoria Nuland, who said earlier this week that Washington continued to provide financing to some of Russia's embattled rights groups.

Murdoch attacks David Cameron over press regulation

By Andrew Osborn LONDON (Reuters) - Media mogul Rupert Murdoch sharply criticised Prime Minister David Cameron on Thursday for agreeing tougher press regulation, saying the new system was a "holy mess" and that Cameron had disappointed his supporters. Cameron struck a surprise deal on Monday with his junior coalition partners, the Lib Dems, and the opposition Labour party, that will allow a new regulator to be set up with the powers to levy large fines on newspapers and oblige them to print prominent apologies where appropriate.

New US Treasury chief Lew to visit China

US Treasury Secretary Jacob Lew will travel to China next week for talks with China's new leadership on his first international trip since taking office, the Treasury Department said Thursday. Lew will visit China on March 19 and 20, meeting with Chinese leaders and senior economic officials "to discuss the bilateral relationship and opportunities for cooperation and growth," the department said. "Secretary Lew will also discuss efforts to level the playing field and create new opportunities for US workers and businesses."

Kerry to make first Asia trip in mid-April

US Secretary of State John Kerry will make his first trip to Asia as America's top diplomat in mid-April, an official announced Thursday, with North Korea expected to top the agenda. Kerry will travel to South Korea, Japan and China after first attending a meeting of G8 foreign ministers in London on April 10 and 11, said State Department spokeswoman Victoria Nuland. He plans to "discuss the full range of bilateral, multilateral and regional issues as well as our economic cooperation and the environment," she said.

U.S. sending low-profile delegation to Chavez funeral

Washington, Mar 7 (EFE).- The U.S. State Department announced Thursday that two politicians and the U.S. charge d'affaires in Caracas will represent President Barack Obama's administration at the funeral of Venezuelan President Hugo Chavez. The delegation will be comprised of former Massachusetts Congressman William Delahunt, U.S. Rep. Gregory Meeks of New York and diplomat James Derham, State Department spokeswoman Victoria Nuland said at her daily press briefing.

UPDATE 1-White House cancels tours as a result of budget cuts

WASHINGTON, March 5 (Reuters) - The White House on Tuesday said it was canceling visitor tours of the executive mansion, blaming the recent $85 billion in budget cuts known as the sequester. For weeks, the White House had warned that the sequester would have a sweeping impact on the nation, causing long lines at airports, closing national parks and slowing the prosecution of criminals.

Senate confirms Jack Lew as new treasury secretary

Washington, Feb 27 (EFE).- The full U.S. Senate on Wednesday confirmed Jack Lew as the country's new treasury secretary by a vote of 71-26. Lew, 57, who was nominated for the post by President Barack Obama in January, had served as White House chief of staff since early 2012. He will replace Timothy Geithner, who had resigned on Jan. 20 after four years at the helm of the department.

UPDATE 3-U.S. Senate panel backs Lew for Treasury secretary

* Committee votes 19-5 to send nomination to full Senate * Top Republican has 'serious reservations' about partisanship By Anna Yukhananov WASHINGTON, Feb 26 (Reuters) - The Senate Finance Committee on Tuesday backed President Barack Obama's nominee to head the U.S. Treasury, Jack Lew, despite some concerns about his perks from previous employers, clearing the way for a confirmation vote in the full Senate.

Treasury pick Lew gets nod from key Senate panel

The US Senate Finance Committee on Tuesday voted Tuesday to back Obama nominee Jack Lew as Treasury secretary despite qualms about his reputation as a doctrinaire Democrat and his ties to Wall Street. Senators voted 19-5 in favor of Lew, with several Republicans joining with the majority Democrats, paving the way for a full Senate vote as early as Wednesday. President Barack Obama nominated Lew, formerly his White House chief of staff, to replace Timothy Geithner, who stepped down last month after four years marked by the country's deepest economic crisis since the 1930s.
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