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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.
John Lewis planning major job cuts over five years John Lewis has announced plans for…
Reuters exclusively reported that Chinese military bodies, state-run artificial intelligence research institutes and universities have over the past year purchased
The post China’s military and government acquire Nvidia chips despite US ban appeared first on Reuters News Agency.
WTX Business exclusively reported that Japanese stocks have made a blazing start to 2024, surging…
Reuters exclusively reported that Tesla (TSLA.O), opens new tab has told suppliers it wants to start production of a new mass market
The post Tesla plans to build new electric vehicles in mid-2025 appeared first on Reuters News Agency.
The loss of nearly 2,000 jobs has been great for Microsoft’s share price, as details begin to come through about which teams are affected.
Property website Rightmove says it takes an average of 51 days to find a buyer if you list your home in February
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