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Business
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.
President Trump announced that the US blockade of Iranian ports is proving effective, urging Tehran to “just give up” amid escalating tensions. Iran’s Parliament Speaker dismissed the blockade’s impact, stating it has only increased global oil prices, while tensions in the Strait of Hormuz continue to disrupt markets.
Chancellor Rachel Reeves is set to meet with top City executives to assess the impact of President Trump’s tariffs on the UK Economy.
Trump causes global chaos Tensions between the world’s two largest economies have increased overnight as…
Trump issues new China tariff threat The FT looks at the escalating tariff war between China…
Trading has just restarted in Europe and all the main stock markets are showing a slight rebound from the previous falls.
China has warned of potential “countermeasures” in response to Donald Trump’s proposed 50% tariff on Chinese imports, describing US actions as unilateral bullying and illegitimate.
A quick view of the top 10 biggest FTSE 100 share price losses in April 2025. Between April 1 and April 7, 2025, the FTSE 100 index experienced massive declines, influenced by global market reactions to newly announced U.S. tariffs.
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