Rupert Murdoch has bought out three of his children to finally settle a long running family dispute over the future control of his global media business. The US$3.3bn deal sees the media mogul essentially hand his empire to eldest son Lachlan.

Andrew Peach is joined by Peter Morici in Maryland, USA, and Nassim Khadem in Melbourne, Australia, with the ramifications still being felt after French MPs ousted prime minister François Bayrou over plans to deal with the country's deficit by cutting public spending.

Elsewhere, we hear why Mexico is considering enacting new tariffs on countries they don't have a trade agreement with, including China.

And Donald trump's controversial "gold card" visa, offering the super rich permanent residence in the USA for just US$5m.

Global business news, with live guests and contributions from Asia and the USA.