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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.
Donald Trump is expected to announce a trade deal with the UK today, following reports from the New York Times.
UK and India agree trade deal after more than 3 years of talks. The UK-India trade deal will make it easier for UK firms to export whisky, cars and other products to India, and cut taxes on India’s clothing and footwear exports.
The UK and India have finalised a significant trade deal, reducing tariffs on products like whisky and gin, with expectations of a £25.5bn increase in bilateral trade.
Cliff Notes – Warren Buffett to step down as CEO of Berkshire Hathaway Warren Buffett…
Trump ditches Waltz after Maga wrath builds against national security adviser Donald Trump has tapped…
Apple will source most iPhones from India and iPads from Vietnam to avoid the effects of tariffs imposed by Donald Trump, aiming to maintain consumer prices in the US.
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