Latest News
- Police officer injured by Molotov cocktail during Paris protests describes ordeal
- Arsenal move to the top of Premier League after victory at Liverpool
- Poilievre calls for end to diesel taxes and spending cuts ahead of budget
- Pennsylvania Governor calls for lawmakers to lead by example amid campaign rhetoric
- Family of Henry Nowak speak on the impact of his fatal stabbing by Vickrum Digwa
- RAF drones deployed to monitor Russian vessels in English Channel for first time
- Fairfield police search for suspect after deadly shooting at Halloween store
- EU to press Canada and UK for increased support for Ukraine
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 London business newspaper CITY AM reports on a growing slowdown in consumer spending that hit London-listed operations yesterday – including Durex-maker Reckitt.
The Financial Times reports that Russia has a “low bar” when it comes to using tactical nuclear weapons.
In a blog post sharing an email sent to employees, boss Jim Ryan called the move “sad news” and said it was “a difficult day at our company”.
The employees are set to be moved to Apple’s artificial intelligence (AI) division instead, according to Bloomberg News.
Russia is becoming more dangerous, America is less reliable and Europe remains unprepared. The problem is simply put, but the scale of its solution is hard to comprehend.
The Financial Times has carried out an analysis of OECD data for its lead story, which finds that a global drop in house prices that hit advanced economies has “largely petered out”.
© 2026 WTX News.