Makerfield MP has been under pressure over thinktank’s commissioning of PR firm to investigate reporters The Labour minister Josh Simons has resigned from the government after the Guardian revealed that he falsely linked reporters to a “pro-Kremlin” network in emails to GCHQ despite having claimed to be “surprised” and “furious” about a PR firm’s investigation into their journalism. Simons, who ha...
Makerfield MP has been under pressure over thinktank’s commissioning of PR firm to investigate reporters The Labour minister Josh Simons has resigned from the government after the Guardian revealed that he falsely linked reporters to a “pro-Kremlin” network in emails to GCHQ despite having claimed to be “surprised” and “furious” about a PR firm’s investigation into their journalism. Simons, who had been a Cabinet office minister, previously ran the thinktank Labour Together. He quit on Saturday, saying his position in office had become “a distraction from this government’s important work.”The Makerfield MP had faced mounting pressure over his role in Labour Together’s commissioning of the lobbying and public affairs agency APCO to investigate journalists reporting on the thinktank’s failure to disclose political donations. Continue reading...
Pakistan 212-8, Sri Lanka 207-6. Pakistan win by five runs New Zealand into semi-finals on net run-rate Pakistan went out of the T20 World Cup despite a five-run victory against Sri Lanka in the Group Two Super 8s match in Pallekele on Saturday. Their inferior net run rate meant Pakistan had to win convincingly in order to pip New Zealand and join group winners England in the semi-finals. Continue...
Pakistan 212-8, Sri Lanka 207-6. Pakistan win by five runs New Zealand into semi-finals on net run-rate Pakistan went out of the T20 World Cup despite a five-run victory against Sri Lanka in the Group Two Super 8s match in Pallekele on Saturday. Their inferior net run rate meant Pakistan had to win convincingly in order to pip New Zealand and join group winners England in the semi-finals. Continue reading...
Former National Security Advisor John Bolton discusses regime change in Iran. John Bolton joined David Gura and Christina Ruffini on “This Weekend.” (Source: Bloomberg)
Former National Security Advisor John Bolton discusses regime change in Iran. John Bolton joined David Gura and Christina Ruffini on “This Weekend.” (Source: Bloomberg)
Barcelona teenager floors Villarreal in 4-1 home victory Bremen end 13-game winless run against Heidenheim Lamine Yamal scored the first hat-trick of his career as Barcelona beat visitors Villarreal 4-1 on Saturday to move four points clear of Real Madrid at the top of La Liga. Barcelona have 64 points while second-placed Real are on 60 points before they host Getafe on Monday. Villarreal remain a...
Barcelona teenager floors Villarreal in 4-1 home victory Bremen end 13-game winless run against Heidenheim Lamine Yamal scored the first hat-trick of his career as Barcelona beat visitors Villarreal 4-1 on Saturday to move four points clear of Real Madrid at the top of La Liga. Barcelona have 64 points while second-placed Real are on 60 points before they host Getafe on Monday. Villarreal remain a distant third on 51. Lamine Yamal put the hosts ahead in the 28th minute after Fermin Lopez robbed Pape Gueye and slipped a pass down the right for the 18-year-old to finish low inside the left post. He doubled the lead nine minutes later with a dazzling solo run, controlling a long ball on the right wing before cutting inside past Sergi Cardona and Alberto Moleiro to curl an unstoppable shot into the top corner. This story will be updated Continue reading...
HeliRy/E+ via Getty Images Close on the heels of U.S.-Israeli attacks on Iran, insurers informed ship owners on Saturday about their plans to cancel policies and raise coverage prices for ships moving through the Gulf and Strait of Hormuz, The Financial Times reported, citing brokers. War risk insurers sent cancellation notices in relation to policies covering ships that travel through the world's...
HeliRy/E+ via Getty Images Close on the heels of U.S.-Israeli attacks on Iran, insurers informed ship owners on Saturday about their plans to cancel policies and raise coverage prices for ships moving through the Gulf and Strait of Hormuz, The Financial Times reported, citing brokers. War risk insurers sent cancellation notices in relation to policies covering ships that travel through the world's most vital oil export route, marking an unusual move even before trading begins on Monday, given the rising tensions in the region. As a result, insurance prices for ships traveling through the Gulf could increase by as much as 50% from the current rate of 0.25% of the replacement cost of a vessel, according to Dylan Mortimer, marine hull UK war leader at broker Marsh. Ship owners are facing a similar price hike for their vessels calling at Israeli ports as underwriters expect Iran’s retaliatory moves. According to another broker, cargo war risk insurers—which offer coverage for grain, oil, and other commodities transported via tankers—also said that they are looking to cancel coverage policies on Monday for ships sailing through the region. They plan to renegotiate coverage at higher prices rather than deny coverage, brokers said. The report comes amid a potential blockade of the Strait of Hormuz by Iran. An official from the EU naval mission Aspides told Reuters on Saturday that vessels transiting the Strait of Hormuz have been receiving a radio message attributed to Iran’s Revolutionary Guards that says, "No ship is allowed to pass the Strait of Hormuz." Shipping stocks: ZIM Integrated Shipping Services ( ZIM ), Maersk ( AMKBY ) ( AMKBF ) ( AMKAF ), Frontline ( FRO ), Okeanis Eco Tankers ( ECO ), TORM ( TRMD ), and Hafnia ( HAFN ). More on Frontline, ZIM Integrated, etc. Frontline plc (FRO) Q4 2025 Earnings Call Transcript TORM plc (TRMD) Q4 2025 Earnings Call Transcript Okeanis: Best Positioned To Ride The Sinokor Wave, Dividend Yield Could Top 24% Frontline Q4 topline...
bymuratdeniz/iStock via Getty Images Investment Thesis AST SpaceMobile ( ASTS ) is heading into Q4 earnings with a slightly uncomfortable context. Everyone wants to invest in the concept of cellular broadband from space, but the company’s recent history has not exactly been the kind that allows you to sleep at night. Over the past two years, the company has had more earnings misses than earnings b...
bymuratdeniz/iStock via Getty Images Investment Thesis AST SpaceMobile ( ASTS ) is heading into Q4 earnings with a slightly uncomfortable context. Everyone wants to invest in the concept of cellular broadband from space, but the company’s recent history has not exactly been the kind that allows you to sleep at night. Over the past two years, the company has had more earnings misses than earnings beats and revenue has also missed more often than it has not. Again, not a moral statement, just the facts of life when you’re building something massive before it starts paying you back. Since my last coverage ASTS is up 8.8% and now the difference in Q4 is that the company has already told the market that Q3 2025 is when the commercialization machine really started to move, with GAAP revenue of $14.7 million primarily related to gateway hardware sales and US government milestones. Q4 is where the market will be looking to see that the revenue growth is not just an anomaly but the beginning of a repeatable process. What Actually Matters in Q4: Revenue, Not EPS The expectations for Q4 earnings seem to be quite straightforward at first blush. Revenue is expected to be $41.55 million , a significant step up from the $14.7 million reported in the prior quarter. The loss is expected to be approximately $0.20 GAAP, so the Street is not expecting the company to make money, but they are expecting to see some progress that feels meaningful. seekingalpha.com Over the last eight quarters, the company has beaten on EPS only two times out of six misses and no in-line quarters. Revenues also failed to deliver for the company, with five misses, two beats, and one in-line result. Interestingly, the company missed its EPS by $0.90 in Q3 2024 and by $0.33 in Q2 2025. Revenues also failed to deliver in Q3 2025 by $5.16 million. These are the fluctuations that cannot be ignored. seekingalpha.com That is important because the Q3 call was predicated, at least in large part, on the notion that th...