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- Astronomers find evidence of magnetic fields on distant exoplanets with high-speed winds
- Zelenskyy proposes meeting with Putin to end war in open letter
- John Bolton agrees to plead guilty in classified documents case
- Dawa Sherpa found alive after six days on Mount Everest
- Support increases for US bill aiming to restrict arms sales to Israel
- Study finds vitamin D and calcium may have limited impact on bone health
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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.
The front page of the business newspaper Financial Times reports on Barclay’s pledge to return £10bn to shareholders over the next three years as part of an ambitious plan to boost revenues and rebalance the lender away from investment banking.
HSBC, Europe’s largest bank, saw a remarkable surge in its pre-tax profit, skyrocketing by nearly 80% to reach $30.3 billion (£24 billion) in 2023, driven by elevated interest rates.
Britain is showing signs of recovery from its mild recession and will receive a boost when interest rates start coming down later this year, the Bank of England governor, Andrew Bailey, has said.
Surge in pension fund buying drives revival in UK corporate bond market Pension funds are…
LSEG chief in line for salary bump London Stock Exchange boss set for multi-million-pound pay…
GDP – a key measure of a country’s economic health – fell by 19% on an annualised basis in the fourth quarter of 2023, according to the latest figures.
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