Rupert Murdoch’s business empire has settled the “defamation trial of the century” as jurors were sat ready to hear the $1.6 billion case.
Murdoch was tonight hit with a £634 million bill after his US Fox News channel settled just moments before the trial was due to begin.
Insiders tonight claimed the secret deal is said to have cost the media tycoon hundreds of millions of dollars but stopped his star presenters from being forced to take the stand.
