Private equity firm, Apollo Global Management, is reportedly considering a takeover bid for the Telegraph newspaper after Lord Rothermere withdrew his interest in the publication. The firm sees potential in the media industry and believes it can revitalize the struggling newspaper. If successful, this acquisition could bring about significant changes in the way the Telegraph operates and its editorial direction.
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US inflation fell more than expected to 2.8% in February
US inflation fell to 2.8% in February, below expectations, prompting speculation of Federal Reserve interest rate cuts amid slowing economic growth. President Trump's tariffs have caused uncertainty and market volatility, with concerns over potential inflationary impacts. The Bank of Canada also cut rates due to trade tensions, while sectors like medical care and used cars saw price increases in February. Full Article
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