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- Vanilla Ice remains committed to Freedom 250 concerts despite artist dropouts
- One dead and another injured in unrest following PSG victory celebrations
- EU countries approve law to expedite return of irregular migrants
- Colombia vs Costa Rica — Tuesday’s 26th May fixtures
- Justice Department halts $1.8 billion anti-weaponisation fund following judge’s ruling
- MV Hondius cruise ship reopens for bookings after hantavirus outbreak
- Hungary’s prime minister to meet German chancellor and French president
- California’s primary elections to determine Newsom’s successor feature 61 candidates
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.
The Trump Organisation has launched a mobile service and smartphone to attract conservative consumers, promising products made in America.
Analysts warn that Section 899 of the “One Big Beautiful Bill”—Donald Trump’s proposed retaliatory tax on foreign entities—could deter investment by imposing a tax starting at 5 %, rising to 20 %, on companies from countries that levy “unfair” taxes on US entities.
UK events guide for the week of 16–22 June 2025, covering arts, entertainment, business, festivals and more.
Cliff Notes Metro Bank has been approached by Pollen Street Capital for a private equity-backed…
More than 240 die as Air India flight crashes in Gujarat following take-off The FT has…
The FT says the NHS, defence and education are the winners from the review but the Home Office, Foreign Office and Culture Department face a “squeeze”.
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