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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.
Price hikes are coming as firms battle Reeves tax raid, Bank of England survey suggests…
Pound sterling continues to sink as UK economy ‘clearly on very shaky ground’ Pound sterling…
UK fintech funding races ahead of Europe According to new figures, the UK’s fintech sector…
UK government borrowing costs continued rising on Wednesday, and the value of sterling dropped as investors recalibrated their views on the UK economy.
European leaders warned Donald Trump not to meddle with the continent’s borders on Wednesday, a day after the president-elect refused to rule out taking Greenland by force.
The Ministry of Economy, Employment and Digital Transformation, through the General Directorate of Business, launches…
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