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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.
The Financial Times says the news that US inflation unexpectedly rose to 3.2% in February has highlighted the challenge faced by the Federal Reserve in trying to get prices back down.
Google has confirmed it is implementing restrictions on the types of election-related questions users can pose to its Artificial Intelligence (AI) chatbot Gemini.
A former Boeing employee, known for raising his concerns regarding the company’s production standards, has been found dead in the US.
Vodafone goes down leaving customers without broadband across the country Hundreds of Vodafone broadband customers…
The splash story of the FT centres on a fresh poll showing challenges facing US President Joe Biden as his re-election campaign gears up. Americans are increasingly happy about the economy but reluctant to give credit to Joe Biden, according to a new poll.
The lead for the London business newspaper CITY AM, reports that the UK economy is set to take its first steps out of recession this week with GDP figures for January expected to show a return to growth.
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