Latest News
- Four men rescued after being trapped in flooded cave in Laos for ten days
- Fincantieri develops integrated defence system to protect underwater infrastructure
- US economy shows signs of recovery as job growth continues this week
- Zee Entertainment secures broadcast rights for World Cup 2026 from FIFA
- Vanilla Ice remains committed to Freedom 250 concerts despite artist dropouts
- One dead and another injured in unrest following PSG victory celebrations
- EU countries approve law to expedite return of irregular migrants
- Colombia vs Costa Rica — Tuesday’s 26th May fixtures
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.
Financial Times reports that the prime minister is the first to seal a deal with the United States since Donald Trump unleashed his tariffs war on the world.
With air passenger traffic reaching an all-time high of 68.4 million for the year ended March 2025, the Republic’s aviation industry remains a bright spot amid global turbulence and uncertainty.
The Taiwan test Relations between America and China are at a low ebb. Tariffs of…
The Bank of England is expected to cut interest rates on Thursday, likely lowering them from 4.5% to 4.25%. This would be the fourth rate cut since last year’s peak of 5.25%, and the second in 2025, as the Bank aims to stimulate borrowing and ease financial pressure on households and businesses.
A US-UK trade deal is expected to be announced today, which will see tariffs reduced.
Donald Trump is expected to announce a trade deal with the UK today, following reports from the New York Times.
© 2026 WTX News.