Latest News
- High flows in South Saskatchewan River dislodge buoys and trigger rescues
- Trump claims he witnessed incident leading to Balogun’s suspension and contacted FIFA president
- Explosions reported at Majorca Airport following fire at fuel depot
- Belgian fans criticise FIFA’s reversal of Balogun’s suspension ahead of World Cup match
- World Cup 2026 should address its carbon footprint with funding plan
- Unionised workers at regional parks, including Grouse Mountain, strike
- Funds for national park repairs diverted to beautification projects in D.C.
- UK prepares for another heatwave with temperatures rising to 34C
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.
PepsiCo sued by New York state for plastic pollution New York state is suing PepsiCo…
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.
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