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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.
Monday 28 April 2025 – The front page stories today: Alvarez & Marsal plans $18…
Renewed data indicates a significant decline in consumer confidence and business health in the UK, with GfK’s confidence barometer suffering a drop to -23 amidst rising economic worries.
The chancellor is back on the front pages this morning ahead of a meeting with her American counterpart. Rachel Reeves is in the United States in hopes of securing a trade deal but has warned she will not rush it.
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