Latest News
- Nigel Farage failed to disclose funds from convicted fraudster, report says
- Three injured and two arrested following assault near Beacon Hill Park in Victoria
- Trump celebrates America’s 250th anniversary and criticises communism in July 4th address
- Murder investigation initiated after fatal crash claims life of woman in her 70s
- British teenager in critical condition after falling from hotel balcony in Athens
- Thousands protest in France for action against sexual violence after murder
- Trump’s July 4 speech proceeds after National Mall evacuation due to storms
- Immigrant US Navy veteran faces deportation after serving three tours in Iraq
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.
Sales fell 4% to $90.8bn in the first three months of 2024, mainly due to fewer people buying iPhones. The company blamed this on supply chain issues caused by Covid, which boosted sales last year.
After a months long dry spell, TikTok users can once again see the popular social…
This means the Federal Reserve’s main rate stayed at its highest level in over 20 years, between 5.25% and 5.5%, where it’s been since last July.
New rules clamping down on China’s internet giants are now in effect. These rules, part of the expanded State Secrets Law, require companies like Tencent, ByteDance, and Weibo to swiftly act if users share sensitive content.
Australia’s newest budget airline – Bonza – has gone into voluntary administration, after cancelling all of its flights on Tuesday. The airline’s financial difficulties have left thousands of passengers stranded around the country. “We apologise to our customers who are impacted by this and we’re working as quickly as possible to determine a way forward that ensures there is ongoing competition in the Australian aviation market,” Bonza said in a statement.
Deliveroo users have been left to go hungry this evening, as the food delivery app is reporting thousands of outages throughout the UK and abroad.
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