MP Melanie Ward calls on Charity Commission to look into 32 organisations she says have given at least £28m Thirty-two charities in England and Wales have donated at least £28m to Israeli settlements that are illegal under international law, an MP has said. Labour’s Melanie Ward said that if gift aid were claimed against the donations in the usual way, it would mean taxpayers had subsidised illega...
MP Melanie Ward calls on Charity Commission to look into 32 organisations she says have given at least £28m Thirty-two charities in England and Wales have donated at least £28m to Israeli settlements that are illegal under international law, an MP has said. Labour’s Melanie Ward said that if gift aid were claimed against the donations in the usual way, it would mean taxpayers had subsidised illegal settlements to the tune of £5.6m, a situation she described as deplorable. The foreign secretary, Yvette Cooper, announced on Tuesday that the Charity Commission has been tasked with investigating UK charities’ links to settlements. Continue reading...
Survey in run-up to byelection also finds support for water renationalisation, wealth tax and cap on political donations A majority of voters in Makerfield say they would be less likely to vote for an election candidate if they have posted offensive content on social media, polling shows. The polling for the campaign group 38 Degrees, undertaken by Survation, asked 518 voters in the Makerfield con...
Survey in run-up to byelection also finds support for water renationalisation, wealth tax and cap on political donations A majority of voters in Makerfield say they would be less likely to vote for an election candidate if they have posted offensive content on social media, polling shows. The polling for the campaign group 38 Degrees, undertaken by Survation, asked 518 voters in the Makerfield constituency for their views on a range of issues, with 55% saying they would be less likely to vote for a politician who has posted offensive material online. Continue reading...
Diamond Light Source and ISIS Neutron and Muon Source face cuts of up to 20% as Science and Technology Facilities Council seeks savings Britain’s scientific capabilities face “serious damage” with some national facilities at risk of closure under spending cuts that are being considered to meet spiralling costs at the government’s infrastructure funding agency. The concern surrounds sites funded an...
Diamond Light Source and ISIS Neutron and Muon Source face cuts of up to 20% as Science and Technology Facilities Council seeks savings Britain’s scientific capabilities face “serious damage” with some national facilities at risk of closure under spending cuts that are being considered to meet spiralling costs at the government’s infrastructure funding agency. The concern surrounds sites funded and operated by the Science and Technology Facilities Council (STFC), including the Diamond Light Source and ISIS Neutron and Muon Source in Oxfordshire and other national facilities at the Daresbury Laboratory in Cheshire. Continue reading...
The Ukraine and Iran wars are very different, but a common authoritarian delusion unites the men who started them A strongman president, self-styled redeemer of national glory, is trapped in a conflict he can’t win but doesn’t know how to end without looking like a loser. A cult of infallibility prevents the leader admitting a strategic blunder even to himself. It could be Donald Trump or Vladimir...
The Ukraine and Iran wars are very different, but a common authoritarian delusion unites the men who started them A strongman president, self-styled redeemer of national glory, is trapped in a conflict he can’t win but doesn’t know how to end without looking like a loser. A cult of infallibility prevents the leader admitting a strategic blunder even to himself. It could be Donald Trump or Vladimir Putin; Iran or Ukraine. The conflicts and the regimes involved are also dissimilar in important ways. Russia’s campaign to eradicate a neighbouring democracy is nastier in conception and bloodier in execution than the bungled US effort to dislodge a dictatorship in Tehran. It has also gone on much longer. The first world war was shorter than a “ special military operation ” that was supposed to capture Kyiv within weeks. The Soviet Red Army repelled Nazi invasion and marched on Berlin in less time than it has taken Putin’s forces to occupy a tranche of eastern Ukraine, and they are not making any significant advances. The war has burned trillions of roubles and sacrificed hundreds of thousands of lives for no discernible dividend in national greatness. Rafael Behr is a Guardian columnist Continue reading...
Greenpeace calculates that wealthiest contribute nearly $1tn of damage a year with ownership-based emissions Ultra-wealthy people zooming across the world on their private jets , lounging on yachts and conspicuous by their Instagrammable consumption are among the most easily identified individual culprits when it comes to the climate crisis – but new research argues that it is not just their heady...
Greenpeace calculates that wealthiest contribute nearly $1tn of damage a year with ownership-based emissions Ultra-wealthy people zooming across the world on their private jets , lounging on yachts and conspicuous by their Instagrammable consumption are among the most easily identified individual culprits when it comes to the climate crisis – but new research argues that it is not just their heady lifestyles to blame , but also their bank accounts. Through their ownership of companies and private financial and physical assets, from oil producers to property developments, the super-rich are responsible for an outsized slice of the greenhouse gases that are overheating the planet. The top 1% of people by wealth, through their shareholdings and investments, control about a quarter of global annual emissions in total. Continue reading...
Amazon and Sony among firms that may have sourced coltan, used in phones, from supply chains controlled by the M23 rebels, says Global Witness Leading global brands including Amazon, Ericsson and Sony are “likely” to have sourced minerals linked to a militia accused of widespread sexual violence, summary executions and torture, a new investigation claims. The companies allegedlybut unknowingly, ac...
Amazon and Sony among firms that may have sourced coltan, used in phones, from supply chains controlled by the M23 rebels, says Global Witness Leading global brands including Amazon, Ericsson and Sony are “likely” to have sourced minerals linked to a militia accused of widespread sexual violence, summary executions and torture, a new investigation claims. The companies allegedlybut unknowingly, acquired coltan smuggled from mines in the Democratic Republic of the Congo (DRC) that are occupied by the M23 militia , which has committed myriad atrocities in eastern DRC. Continue reading...
An unusual frittata with a risotto base, and a simple but delicious salad combination that’s sure to be a big hit I love this salad – the combination of soft, juicy chicken, crisp leaves and anchovy croutons is so delicious. We serve it on the terrace at my restaurant and, when the sun is shining, it is the biggest seller by a country mile. But, first, an unusual frittata, which is essentially a r...
An unusual frittata with a risotto base, and a simple but delicious salad combination that’s sure to be a big hit I love this salad – the combination of soft, juicy chicken, crisp leaves and anchovy croutons is so delicious. We serve it on the terrace at my restaurant and, when the sun is shining, it is the biggest seller by a country mile. But, first, an unusual frittata, which is essentially a risotto base with asparagus: it’s not difficult to make and is perfect for lunch, and even better as part of a picnic. Continue reading...
Oracle reports fourth-quarter earnings on Wednesday afternoon as it continues to disrupt its own legacy software business with cloud software and services. Wall Street analysts are expecting the company to report $1.96 in adjusted earnings per share, up from $1.70 the year before. With sales of its mature business software stalled, in 2019 Oracle began running the Microsoft cloud-pivot playbook.
Oracle reports fourth-quarter earnings on Wednesday afternoon as it continues to disrupt its own legacy software business with cloud software and services. Wall Street analysts are expecting the company to report $1.96 in adjusted earnings per share, up from $1.70 the year before. With sales of its mature business software stalled, in 2019 Oracle began running the Microsoft cloud-pivot playbook.
China has started tapping its commercial crude reserves to help offset the supply shock from the Iran war, although the world’s biggest oil importer is continuing to prioritize lower refinery use and fuel export limits to manage the fallout. Inventory draws are expected to average about 1 million barrels a day in the coming months, according to estimates from Vortexa Ltd., Kpler and Energy Aspects...
China has started tapping its commercial crude reserves to help offset the supply shock from the Iran war, although the world’s biggest oil importer is continuing to prioritize lower refinery use and fuel export limits to manage the fallout. Inventory draws are expected to average about 1 million barrels a day in the coming months, according to estimates from Vortexa Ltd., Kpler and Energy Aspects. That’s about a third of the crude that China is no longer receiving since the conflict led to the near-total closure of the Strait of Hormuz, but still pales in comparison with the roughly 1.2 billion barrels the nation has in its commercial and strategic stockpiles. The price reaction to what the International Energy Agency has called the biggest oil market shock on record has been relatively muted, as China refrained from tapping international markets to make up for the lost barrels. Global benchmark Brent is up less than a third since the conflict started, with analysts estimating that the nation’s imports could remain subdued for months to come — helping ease pressure on prices. China has filled up its inventories to unprecedented levels over the past year. It started tapping those reserves in May, and drew down almost 25 million barrels in the month to June 7, Energy Aspects said, citing data from its satellite-tracking Kayrros unit. While that is sizable — global consumption is just over 100 million barrels a day — weaker downstream demand has made an even bigger difference. State-owned refiners have cut processing rates to record lows, fuel exports have been constrained under wartime measures aimed at preserving domestic supply and the switch to electric vehicles has accelerated. “China’s transport system has become structurally more flexible than in previous oil shocks,” said Emma Li , lead China market analyst at Vortexa. The rapid adoption of EVs has contributed to a drop of about 1 million barrels a day in fuel demand this quarter, she said. Some observers have...
El Niño has formed across the equatorial Pacific, setting the stage for months of droughts, floods and temperature fluctuations that will threaten communities worldwide along with agriculture and energy. The climate phenomenon, identified by the Japan Meteorological Agency , is the first since 2023 — and may prove to be one of the strongest on record. El Niño is characterized by a warming of the P...
El Niño has formed across the equatorial Pacific, setting the stage for months of droughts, floods and temperature fluctuations that will threaten communities worldwide along with agriculture and energy. The climate phenomenon, identified by the Japan Meteorological Agency , is the first since 2023 — and may prove to be one of the strongest on record. El Niño is characterized by a warming of the Pacific Ocean that alters global weather patterns, which can damage crops and strain power grids. Strong El Niños have historically reduced yields for palm oil, coffee, cocoa, cotton and grains including wheat and rice, according to a report from Marex, one of the world’s largest futures brokerages. Read More: Why the World Is Bracing for a Rare ‘Super’ El Niño: Explainer A powerful El Niño in 1997 killed at least 30,000 people and caused an estimated $100 billion in damage worldwide. A 2023 study by Dartmouth College estimated the lingering fallout from El Niños can cost the global economy trillions of dollars. Other impacts on global weather will likely spread and become more intense as El Niño reaches its peak in December or January. These may include a cooler, wetter winter across the southern US, a reduced Indian monsoon, droughts and wildfires across parts of Australia.
Natalia Dyer has recently developed a strong appreciation for Korean skincare and beauty culture. While filming her global campaign with Purito Seoul, she became especially drawn to K-beauty's ingredient-focused approach and its thoughtful philosophy, which emphasizes gentle, effective formulations designed to support long-term skin health.
Natalia Dyer has recently developed a strong appreciation for Korean skincare and beauty culture. While filming her global campaign with Purito Seoul, she became especially drawn to K-beauty's ingredient-focused approach and its thoughtful philosophy, which emphasizes gentle, effective formulations designed to support long-term skin health.
chachamal Asian equities slid on Wednesday as mounting risk aversion took hold following a renewed military flare-up between the U.S. and Iran, entirely wiping out an early-session recovery in technology shares. Concurrently, Chinese and Japanese benchmarks fell after hotter-than-expected regional inflation prints intensified market anxieties over the long-term economic impact of the Middle East c...
chachamal Asian equities slid on Wednesday as mounting risk aversion took hold following a renewed military flare-up between the U.S. and Iran, entirely wiping out an early-session recovery in technology shares. Concurrently, Chinese and Japanese benchmarks fell after hotter-than-expected regional inflation prints intensified market anxieties over the long-term economic impact of the Middle East conflict. Gold prices dropped below $4,200 an ounce. WTI crude futures climbed toward $89 per barrel. US crude oil inventories fell by 9.1 million barrels in the week ended June 5, far exceeding forecasts for a 3.4 million-barrel draw, after declining by 6.7 million barrels in the previous week. The benchmark KOSPI fell more than 2% to around 7,880. The South Korean won traded near 1,523 per dollar, extending gains for a third straight session. Japan's ( NKY:IND ) dropped 2.39% to below 65,000, while the broader Topix Index fell 0.4% to 3,880 on Wednesday . The Japanese yen traded around 160.3 per dollar. On the data front, Japan’s producer prices rose 6.3% year-on-year in May 2026 , accelerating from a 5.3% gain in April and beating market forecasts of 5.5%. On a monthly basis, producer prices rose by 0.9%, slowing from a revised 2.8% surge in April. China's ( SHCOMP ) fell 0.58% to 3,995, while the Shenzhen Component dropped 1.4% to 15,063, and the offshore yuan firmed to around 6.77 per dollar as investors assessed the latest inflation data and their implications for China's economic outlook. On the data front, China’s annual consumer inflation held steady at 1.2% in May 2026, coming in slightly below market expectations of 1.3%. Meanwhile, producer price index inflation accelerated to 3.9% year-on-year, matching forecasts and marking its fastest growth pace since July 2022. Hong Kong ( HSI ) fell 1.55% to 24,350 on Wednesday, extending losses to a sixth consecutive session. India ( SENSEX ) rose 0.66% to 74,402 at the open on Wednesday, extending gains from the previous ...
Erik Isakson IPO-bound OpenAI ( OPENAI ) is in talks to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include financial backing from Nvidia ( NVDA ), The Information reported on Tuesday. The campus could cost at least $500B to build, based on current prices for chips, labour, power and other inputs, the report said. OpenAI would control the equip...
Erik Isakson IPO-bound OpenAI ( OPENAI ) is in talks to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include financial backing from Nvidia ( NVDA ), The Information reported on Tuesday. The campus could cost at least $500B to build, based on current prices for chips, labour, power and other inputs, the report said. OpenAI would control the equipment at the facility under a 20-year lease, with payments starting once operations begin; the first phase is expected in 2028, the report added. The facility, among the largest of its kind, would be developed by SB Energy, a unit of SoftBank ( SFTBY ), on Department of Energy land in southern Ohio. Nvidia is expected to supply hardware in the facility and provide a financial guarantee for OpenAI's lease and SB Energy's financing, according to the report. More on OpenAI, Nvidia Wall Street Lunch: Hot Labor Market Defies Predictions Of AI-Led Job Losses Google TPU V8 Vs. Nvidia: How Inference Is Rewriting The AI Market Nvidia: Downgrade To Hold As Earnings Fail To Push Price Higher Apple extends Private Cloud Compute through collaboration with Google and Nvidia Gemini and Claude continue to chip away at ChatGPT's market share: BNP