Latest News
- Trump imposes tariffs on 60 countries as expiring duties are replaced
- Trump hints at largest strikes on Iran as Tehran escalates attacks in Gulf
- Canadian premiers urged to enhance ovarian cancer diagnosis and treatment
- Vance Boelter receives two life terms and 40 years for killing two lawmakers and injuring two others
- Authorities investigate use of cats to spread wildfires in southern Italy
- Montenegro backs EU safeguards for new members based on objective criteria
- Trump stipulates Saudi Arabia must join Abraham Accords to finalise nuclear deal
- Four extremist plots targeting Jewish sites disrupted in Canada, report finds
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.
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.
The UK’s economic options are severely constrained due to high borrowing and record tax levels, limiting the government’s ability to respond to the economic shock caused by Trump’s tariff announcement.
Global stock markets plummeted overnight, with Japan’s Nikkei 225 falling nearly 8% and US stock market futures indicating further declines, as fears of a trade war escalate following President Trump’s new tariffs.
There have been a few big announcements from China today – the latest outlines new restrictions on US companies.
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