- FBI dismisses analysts linked to withdrawn memo on Catholic ideology
- Mali court sentences French embassy official to 20 years for espionage
- Anthropic calls for AI labs to consider a pause amid control concerns
- Most OSAP growth attributed to career college students, documents reveal
- Senate blocks extension of FISA surveillance programme as deadline approaches
- British man arrested for attempted drowning and assault on Benidorm beach
- Girl named Lyhanna goes missing after getting into man’s car in Fleurance
- Toronto uses tax funds to purchase World Cup tickets, nearly all sold
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.
The Financial Times reports on a jump in the US stock markets following a larger-than-expected fall in inflation.
New data shows a sharp fall in UK inflation, down to 4.6%. It’s the lowest rate since November 2021, the rate in September was 6.7%.
CITY AM SAYS Rishi Sunak’s reshuffle was his third attempt to relaunch the Conservative Party, and this time he’s also reheating David Cameron’s career, writes Will Cooling
The Financial Times leads on the big news from Monday’s cabinet reshuffle.
CITY AM SAYS Deputy Prime Minister Oliver Dowden has announced plans to streamline and enhance the business-friendliness of the UK’s investment screening powers, just under two years since their inception.
The Financial Times leads on the conflict in the Middle East, with officials in Washington warning Israel not to fire on hospitals in Gaza.
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