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- At least 18 killed in Russian attacks on Ukrainian cities
- Southampton supports Tonda Eckert amid spying scandal and playoff expulsion
- Graham Platner faces controversy over sexually explicit messages sent after marriage
- Brother of Vickrum Digwa claims racial attack before murder conviction
- Four men rescued after being trapped in flooded cave in Laos for ten days
- Fincantieri develops integrated defence system to protect underwater infrastructure
- US economy shows signs of recovery as job growth continues this week
- Zee Entertainment secures broadcast rights for World Cup 2026 from FIFA
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.
Sir Keir Starmer has vowed to “keep a cool head” in the face of the “economic impact” of Donald Trump’s 10 per cent tariffs on UK exports to the US, amid fears of a wider trade war.
The FT reports that it has seen an informal paper that the UK government has circulated outlining its plans for a multilateral fund that would support weapons stockpiles and military equipment across the continent.
Donald Trump indicated that Elon Musk would leave his government position as a special employee by the end of May, although it remains uncertain if this will occur as scheduled.
The world’s major economies vow retaliation against US tariffs set to be introduced today (21:00 BST).
A look at the market jitters ahead of the new round of US tariffs – with US media speculating it is set to be a blanket 20% tariff on all non-American goods.
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