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Mr. Murdoch said that donations have been "in the interests of the country". Photo: BLOOMBERG

News Corp., the owner of the Wall Street Journal, the New York Post and the channel of Fox News, the United States had caused controversy by giving 1 m $ in the last three months to two Republican candidates in the elections of November Congress promotion organizations.

The 1 m $ released both the Republican administration Association and the Chambers of commerce had concern among some shareholders on the question of whether donations were in the best interest of the company.

Media mogul says annual general meeting of News Corp. in New York that although donations have been "unusual", the company is because it is "in the interest of countries, the shareholders and everyone prosperity there is an amount just for change in Washington."

Sir Rod Eddington, the former boss of British Airways and now head of the News Corp, audit committee said that the Board approved political donations based on the recommendations of management of the company and after referring to his or her legal advisor.News Corp. may consider making the process more transparent, he said.

The administration of President Obama fired strongly criticized some entrepreneurs to hamper the economic recovery by extending the scope of the Government on Wall Street and the health care system.

Coloured in the Amphitheatre of the Hudson River, close to the Manhattan times square meeting Mr. Murdoch was submitted to a mixture of criticism and praise of the ten shareholders who took to the floor.

When asked if he would retire when he turned 80 next year, Mr. Murdoch stated that "when my health, I get out of the way, but not before that happens."Blames for his salary by a shareholder who has said that the Investor Warren Buffett only paid himself $100,000 per year, Mr. Murdoch rejected comparison. ""I have a fraction of the richness of Mr. Buffett.Il must sell some shares every year have billions to play with."

Mr. Murdoch was also denied a report in the Daily Mirror, whom he had met in 10 Downing Street within 24 hours of the Conservative leader David Cameron becomes first ministre.Il said that he had been invited to meet with Mr. Cameron a few weeks after the election and it lasted about five minutes.

In Britain, News Corp generates concern among media organizations with its rival UK take complete control of BSkyB, in which it already possesses almost 40pc of.

A number of media, including the owner of the Daily Telegraph and Sunday Telegraph, Telegraph Media Group organisations as well as managers of the Guardian Media Group and Associated News, owners of The Daily Mail, this week signed a letter asking for regulators to examine the acquisition of control.

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