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- Scientists warn that Euphrates River could face severe drying by 2040
- EPP pushes for EU-US trade deal discussions, Socialist chair insists on 19 May
- Laos detains hostel owner as investigation into methanol poisoning continues
- Sanctions target Hamas amid international criticism of Israel’s settlements
- Manchester’s Gay Village Sealed Off as Hotel Evacuated Following ‘Chemical Incident’
- Turkish Airlines plane catches fire upon landing at Kathmandu airport
- Keir Starmer pledges to restore hope and rebuild ties with Europe
- EU to approve sanctions on Israeli settlers, says Kallas
Business
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.
Meta is laying off 8,000 workers, about 10 per cent of its workforce, to enhance efficiency and focus on artificial intelligence investments. Concurrently, Microsoft is offering voluntary buyouts to approximately 8,750 employees, marking a significant shift for the company amid industry-wide cost adjustments.
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…
Cliff Notes – Cyber attack on M&S latest Marks & Spencer’s chairman, Archie Norman, stated…
CITY AM says fears over the health of the City’s stock market have been laid bare after trading platform IG became the latest firm to sound the alarm over the “crisis unfolding” on the London bourse.
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