Latest News
- US economy shows signs of recovery as job growth continues this week
- Zee Entertainment secures broadcast rights for World Cup 2026 from FIFA
- Vanilla Ice remains committed to Freedom 250 concerts despite artist dropouts
- One dead and another injured in unrest following PSG victory celebrations
- 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
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.
The London business newspaper CITY AM reports economists are warning the PM’s defence spending boost will come at a heavy price – and asks who’s going to pay.
Elon Musk is to launch $300 million share offer in bid to refocus on business after a wild time in US politics – that hit the billionaire’s pocket hard.
KKR, previously the preferred bidder to rescue Thames Water, has withdrawn, complicating the company’s financial stability amid a £22.8bn debt crisis.
The UK government is prepared to take legal action against Roman Abramovich over £2.5 billion in frozen proceeds from the sale of Chelsea FC, intended for humanitarian aid in Ukraine.
Fraudster conned luxury hotels by selling fake Scottish tea in a scam that spanned years and left him living the life of a gangster.
Cliff Notes – IMF upgrades UK economic growth forecast The IMF has revised its UK…
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