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      Iran ‘pulls out of talks with US’ and threatens to strike Israel

      Iranian military vessels patrol the strategic Strait of Hormuz amidst escalating tensions in the region

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  • Financial Times lays off staff as chief executive warns of ‘need for change’

    Media

    The Financial Times has completed a round of layoffs, City AM understands, as the London newspaper’s new chief executive told staff of “the need for change” as part of an internal restructuring.  Around a dozen roles across the paper’s Product and Tech department have been axed following a consultation process, according to internal communications seen [...]

    Operating profit at the Financial Times fell by £4.56m year on year
  • Spotify proves raising fees won’t stop listeners

    Media

    Spotify’s latest results show that despite prices rising and costs climbing, users are not leaving. The Swedish group added a record number of users in the final quarter of 2025, pushing monthly active users to 751 million and paid subscribers to 290 million. Revenue rose 13 per cent year on year on a constant-currency basis [...]

    Streaming giant Netflix will be clinking glasses into the new year after breaking records with their NFL coverage on Christmas day.

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