- Spain grants legal status to 1.2 million undocumented migrants under scheme
- Vatican excommunicates bishops from Society of St. Pius X in ongoing schism
- Controversial late penalty eliminates Senegal from World Cup against Belgium
- Toronto hosts Croatia and Portugal for final World Cup clash featuring Ronaldo and Modric
- Trump reports over £1 billion in earnings from cryptocurrency ventures in financial disclosure
- Two fatalities confirmed in North Shields house fire early Wednesday
- Archaeologists discover new evidence in search for Ark of the Covenant in Shiloh
- Ukraine urges swift EU accession amid Hungary’s concerns and Polish tensions
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.
The US-China trade war is in full flow as the rest of the world holds its breath, wondering, hoping and perhaps even praying that Trump sees some sense.
There are whispers in the corridors of Congress between Republicans and Democrats as to how they can either curb the president’s war or usurp him. There is far too much at stake for Congress not to intervene.
You don’t have to be a business major to be interested in the stock markets, and unless you’ve been living under a rock these last few days, it’d be almost impossible for you not to have heard about a stock market crash.
Since Donald Trump announced his ‘Liberation Day’ tariffs you would have heard a lot about the stock markets, them crashing and fears of a global recession.
Here’s a simple guide to the stock markets and what they mean.
From our sponsors
Subscribe to News
Get the latest news from WTX News Summarised in your inbox; News for busy people.
Advertisement
Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.

