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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 Financial Times says the Bank of England has halved its growth forecast, with a…
UK interest rates live: Bank of England set to cut interest rates in boost for…
Trump’s takeover proposal for Gaza condemned by US allies across the world The FT says…
Brits braced for tax hikes in the future City AM reports since coming into power,…
Growth? Voters aren’t buying it A majority of Brits now have little confidence in Rachel…
As anticipated, the Financial Times highlights the aftermath of President Donald Trump’s decision to halt sweeping tariffs…
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