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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.
Cliff Notes Yadi Zhang, a 47-year-old Chinese national, pleaded guilty to money laundering in connection…
Cliff Notes The UK Economy recorded zero growth in July, with significant declines in manufacturing…
Cliff Notes The Supreme Court has unanimously overturned the convictions of traders Tom Hayes and…
Cliff Notes – Visit Saudi, ‘Doraemon’ collaborate on culture at Expo 2025 The construction industry…
Cliff Notes Hilco Capital is considering a takeover of Claire’s UK operations, which currently has…
Cliff Notes Increased competition and the withdrawal of subsidies have led some investors, including Gerber…
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