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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.
UK’s economy shrinks unexpectedly by 0.1% in October Britain’s economy shrank by 0.1% in October,…
The number of new companies rose 28.8% in October compared to the same month of…
China stocks led losses in Asia Friday after Beijing affirmed its recent policy shifts and…
The outage began around 18:00 GMT, according to the tracking site Downdetector, and affected users in the UK, Europe, Asia, Australia, South America, and the US. Reports indicated over 18,000 issues with WhatsApp and more than 22,000 with Facebook.
New York will raise its minimum wage in an effort to maintain competitive wages for…
Some of the biggest investors in ReNew Energy Global have offered to take the company private, filings to the U.S. Securities And Exchange Commission show, in a deal that values the clean power generator at $2.82 billion, according to Reuters calculations.
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