Axel Springer acquires Telegraph Media Group for £575 million
German media company Axel Springer has agreed to purchase Telegraph Media Group for £575 million in a major acquisition deal.
German media company Axel Springer has agreed to purchase Telegraph Media Group for £575 million in a major acquisition deal.

JPMorgan hired a Morgan Stanley executive while Meta selected investment banks for a data center project.

Investment bank adjusts market outlook amid regional conflict while U.S. stocks recover from recent losses.

Circle's stock jumped 20% following a compromise on cryptocurrency legislation that preserves stablecoin rewards for holders.

James Watt is starting a new beer brand called Second Best after BrewDog went into administration, promising shares to investors who lost money.
International Monetary Fund Managing Director Kristalina Georgieva addressed the global economic effects of the Iran conflict and other economic issues.

Morgan Stanley laid off approximately 2,500 employees, representing 3% of its global workforce, across investment banking, trading, and wealth management units.

Berkshire Hathaway stock traded higher after the company's annual meeting, where Warren Buffett's designated successor Greg Abel received positive reception.
Trading platform Robinhood has introduced a new premium credit card aimed at affluent clients through an invitation-only system.
Japanese finance official indicates potential intervention to support weakening yen as currency nears critical 160 level against dollar.

South Korean financial markets suffered major losses amid escalating Iran conflict, with stocks falling 12% and currency hitting multi-decade lows.
Burberry posted 5% sales growth driven by strong performance in the Americas and China as its turnaround efforts continue amid challenging market conditions.
Wealthy Middle Eastern residents are purchasing European properties while UK Chancellor Reeves courts Gulf expatriates to relocate to Britain.

Companies affected by struck-down tariffs encounter complex paperwork and uncertainty in refund process, with experts warning many may not recover payments.

Asian stocks showed mixed results Friday while oil prices fell after reaching 2024 highs amid ongoing conflict between Israel and Iran.
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