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Business
Russia’s economic situation is deteriorating after two years of growth linked to a shift to a war economy, according to IMF Managing Director Kristalina Georgieva. Despite raising the 2026 growth forecast slightly, Georgieva warned that inflation and sanctions severely restrict long-term prospects.
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.
Tech giant Samsung workers to strike indefinitely A union representing workers at Samsung Electronics in…
Prime Minister Keir Starmer arrived in Washington Prime Minister Keir Starmer arrived in Washington overnight…
Highlights from Business news on Tuesday 9th July 2024. A Low key start to London…
Highlights The New Chancellor starts work today and says growth is priority along with house…
Jeff Bezos to sell another $5bn of Amazon shares Amazon founder Jeff Bezos plans to…
Korean web comic giant set for $2.7bn market debut Webtoon Entertainment, the world’s largest webcomic…
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