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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.
The owner of Space NK has initiated a formal sale process, with teasers circulated to prospective bidders amid concerns over the UK Economy.
Trump trade war distorts US economy as banks win and consumer mood dims The US…
Tesla’s board is actively seeking a successor for Elon Musk, having approached executive search firms about a month ago.
Mark Carney’s Liberals win pivotal Canadian election Mark Carney has won Canada’s election after a…
The front page of the Financial Times this morning, 28 April 2025. Catch up on…
The main stories on the front page of The Economist: Catch up on all the…
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