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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.
Elementor #546358 August 30, 20231 Min Read Financial Times – Goldman Sachs bought UK and…
CITYAM says CALLS are increasing for the UK’s £4 billion-a-year share trading tax to be reduced or scrapped in an effort to reinvigorate our capital markets.
Elementor #546007 August 29, 20231 Min Read Financial Times – Travellers braced for more delays…
Karen Wilkinson insists managers ‘tried everything’ to stop the business from falling into administration, putting 12,000 jobs at risk.
The Economist – XI’s failing model: Why he won’t fix China’s economy The Economist says…
Wilko: New bid emerges for stricken retail chain Private equity firm M2 Capital has confirmed…
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