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- Study finds vitamin D and calcium may have limited impact on bone health
- Four indicted for alleged £30 million Medicaid fraud involving children’s services
- Kuwait releases CCTV footage of deadly drone strike at airport
- Estate agent, 22, dies after severe health decline linked to ketamine addiction
- Bondi Beach attack hero Ahmed al Ahmed charged with assault and stalking
- Germany faces historic low as trust wanes under Merz’s government
- Iran strikes Kuwait airport, killing one and injuring dozens, amid tensions.
- Canada to release long-delayed AI strategy aimed at accessibility for all
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.
Spirit Aerosystems holds a significant presence in Northern Ireland, particularly in the production of wings for the Airbus A220. It stands as one of Northern Ireland’s foremost manufacturing entities, boasting a workforce exceeding 3,000 employees.
Reddit said on Wednesday that it had priced its shares at $34 each, a figure near the top end of the marketed range. By the end of Thursday’s trading session, the stock had climbed to $50.44, thereby valuing the firm at over $9 billion (£7.1 billion).
The United States has filed a groundbreaking lawsuit against Apple, accusing the tech giant of monopolising the smartphone market and stifling competition. The lawsuit, filed by the Justice Department, says that Apple exploited its dominance over the iPhone app store to lock in both customers and developers.
The lead for the London business newspaper CITY AM reports consumer goods giant Unilever topped the FTSE 100 leaderboard on Tuesday as news of job cuts and a spin-off of its ice cream business appealed to investors. Online, the paper leads with the latest UK inflation rates.
The Financial Times leads on Rachel Reeves’s pledge to borrow only for investment, echoing fiscal rules set out under the last Labour government. The shadow chancellor said on Tuesday that Labour would follow fiscal rules set by the current Conservative chancellor, Jeremy Hunt.
The UK inflation rate has fallen to 3.4% in the year to February. It marks the lowest level in almost two and a half years.
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