Latest News
- More than 600 people dead in Nepal as UK teams arrive to assist flood victims
- Over 200 evacuated after Russian drone strike causes fire in Bucha
- Aston Villa sign Nicolas Jackson from Chelsea for reported club-record fee
- Another British Columbia couple missing following flash flooding in Nepal
- Judge dismisses confession by alleged 9/11 mastermind Khalid Sheikh Mohammed
- Thieves steal diamond necklace valued over £3 million in Vienna museum heist
- Spain seeks EU support for migrant processing amid Ceuta crisis
- Premier League — Saturday’s 29th Aug fixtures
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.
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.
Ted Baker calls in administrators putting 86 stores at risk of closure Hundreds of jobs…
Software firm Bytes Technology Group, who has appointed an independent committee to investigate secret trades of former boss Neil Murphy, sending shares down as much as 14 per cent.
The Financial Times reports on the news that Deloitte, one of the “big four” global accountancy firms, is poised to overhaul its business structure.
Evergrande, the struggling Chinese property giant, along with its founder Hui Ka Yan, faces allegations of inflating revenues by $78 billion (£61.6 billion) in the two years preceding the company’s default on its debt.
Japan’s central bank has raised the cost of borrowing for the first time in 17 years. The Bank of Japan (BOJ) increased its key interest rate from -0.1% to a range of 0%-0.1%. It comes as wages have jumped after consumer prices rose.
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