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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.
Rishi Sunak to unveil North Sea annual oil and gas licensing bill FT says New…
British Steel plans to shut furnaces putting up to 2,000 jobs at risk More than…
Tyson Foods recalls US nuggets after metal pieces found US meat processor Tyson Foods says…
The Financial Times reports that Rishi Sunak is set to unveil a bill to allow the ability to grant new licences to drill for more North Sea oil and gas.
‘It was the most stressful and frustrating time.’
‘I’d advise people to always check their credit history – I had a mark on my account, I wasn’t even aware of.’
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