Latest News
- Hungary expresses optimism over Ukraine minority rights deal for EU talks
- California governor’s primary race intensifies as voters cast ballots
- 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
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.
The Economist asks: Is Elon Musk remaking government or breaking it?
The US is increasing pressure on Russia, threatening further tariffs on its oil exports if a ceasefire agreement in Ukraine isn’t reached.
Stock markets in Asia and Europe have declined sharply as the 2 April implementation of US tariffs on imports approaches, with Japan’s Nikkei index dropping nearly 4% and the UK’s FTSE 100 reaching a two-week low.
Steel tycoon Lakshmi Mittal is preparing to leave the UK in response to a government crackdown on non-domiciled residents, making him one of the wealthiest entrepreneurs to move because of the tax reform.
The Atlantic magazine has published more excerpts of the Trump administration’s group chat on Signal that detail timings of military strikes in Yemen.
Rachel Reeves faces the prospect of her newly-restored fiscal headroom being wiped out again ahead of the Autumn budget.
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