Latest News
- EU countries approve law to expedite return of irregular migrants
- Colombia vs Costa Rica — Tuesday’s 26th May fixtures
- Justice Department halts $1.8 billion anti-weaponisation fund following judge’s ruling
- MV Hondius cruise ship reopens for bookings after hantavirus outbreak
- Hungary’s prime minister to meet German chancellor and French president
- California’s primary elections to determine Newsom’s successor feature 61 candidates
- Trump administration plan aims to allow quick asylum rejections without interviews
- Corbyn claims the rich will eventually face consequences ahead of Mandelson file release
Business
James Murdoch has finalised a deal to acquire New York Magazine and the Vox Media Podcast Network for over £300 million, enhancing his media portfolio. The transaction includes Vox’s news site and popular podcasts, while CEO Jim Bankoff will continue to lead operations under Lupa Systems.
The EU’s trade deal with South America’s Mercosur bloc has begun provisional implementation after 25 years of negotiations. This agreement forms one of the world’s largest free trade areas, encompassing 720 million consumers and aiming to reduce tariffs on over 90% of bilateral trade.
President Trump announced that the US blockade of Iranian ports is proving effective, urging Tehran to “just give up” amid escalating tensions. Iran’s Parliament Speaker dismissed the blockade’s impact, stating it has only increased global oil prices, while tensions in the Strait of Hormuz continue to disrupt markets.
“Staring down the barrel at higher costs”: UK businesses grapple with uncertain futures as US tariffs threaten profit margins and market stability.
The European Union’s proposal for the EU-INC aims to create a single company structure to enhance cross-border growth for startups, addressing fragmentation in company laws. The initiative has gained support from over 23,000 in the tech startup community.
Original Factory Shop faces potential closure of all 137 stores, raising concerns about job losses and the future of discount retail in the UK.
In a bold move, the company invites employees to vote on potential layoffs, echoing the moral dilemmas of “Squid Game,” highlighting employee involvement in tough choices.
UK employment dips as wage growth stalls, signaling economic concerns. The shrinking workforce highlights the need for strategic policy shifts.
“I run Britain’s officially most f***ed pub – our rates are going up more than 600%! Rising costs threaten our survival and local community.”
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