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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 chaos in South Korea leads the Financial Times after the country’s president declared martial law – later rejected by the country’s parliament.
The front page of CITY AM reports on the junk food ad ban set to be introduced amid warnings from the industry that it could impact the economy.
France’s Financial Struggles Deepen Amid Political Tensions What is happening in France? Well the simple…
Business insights this week – 02/12/24 -WTX News Business Consumer confidence in the economy dips…
French PM forces social security budget bill without a vote -Le Monde French PM Barnier…
Major Asian chip stocks outside of China rose Tuesday, shrugging off a new round of U.S. semiconductor export curbs on Beijing aimed at impairing the country’s capability to produce certain high-end chips.
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