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- Florida man convicted for smuggling nearly $1 million in aircraft parts to Russia
- Iceland sees higher voter turnout in EU referendum than 2024 elections
- Hollywood seeks support from Trump in push for industry reforms
- Mladic dies, prompting reflections on his legacy and ongoing fascism
- Poll indicates strong Canadian backing for ending U.S. trade talks and tariffs
- Trump announces US majority control of over 60 billion barrels of Venezuelan oil reserves
- Bereaved families call on government to prevent early release of killers
- More than 600 people dead in Nepal as UK teams arrive to assist flood victims
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.
These are the customer favourites that have been getting smaller.
The Financial Times says the world’s most successful hedge funds made their biggest profits in more than a decade last year as bets on stock markets paid off when share prices surged.
The Financial Times reports Chancellor Jeremy Hunt has hinted at more tax cuts in the months ahead as he left open the possibility of holding two budgets before the general election.
Chancellor Jeremy Hunt hints at further tax cuts Chancellor Jeremy Hunt has strongly suggested that…
CITY AM reports Heathrow and Gatwick Airport’s plans for another runway are “f***ing off the wall” and far too expensive, Ryanair’s chief executive Michael O’Leary has said.
The Financial Times says stocks and bonds dipped in value on Wednesday as investors lost confidence in expectations of swift interest rate cuts in Europe, the US and UK.
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