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- Four men rescued after being trapped in flooded cave in Laos for ten days
- Fincantieri develops integrated defence system to protect underwater infrastructure
- 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
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.
UK economy grows 0.7% in Q1, driven by services, but concerns rise over future tariffs.
Burberry shares rise as it plans to cut 2,000 jobs and boost efficiency, aiming for £200m in savings.
The UK’s leading business lobbying group, the CBI, is calling for a major reset in relations with the EU, saying the current post-Brexit setup is “no longer fit for purpose”. Ahead of a UK-EU summit on 19 May, the group has urged both sides to rebuild trust and take “practical steps” to reduce red tape, ease staff mobility, and coordinate on climate, defence and energy.
Post-Brexit reset talks with Brussels stall over fishing and youth mobility The FT leads with…
The UK economy grew by 0.7% in the first quarter of the year, outpacing expectations and marking a stronger start to 2025 than analysts had predicted. The Office for National Statistics (ONS) reported that growth was primarily driven by a resilient services sector, alongside significant gains in industrial production.
Beijing fears over UK-US trade accord cloud London’s bid to revive China ties FT says…
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