(RTTNews) - Xero Limited (XROLF, XRO.AX), a New Zealand-based cloud accounting software provider, reported Thursday higher profit in first half of fiscal 2026, driven by growth in operating revenues.
(RTTNews) - Xero Limited (XROLF, XRO.AX), a New Zealand-based cloud accounting software provider, reported Thursday higher profit in first half of fiscal 2026, driven by growth in operating revenues.
Laka, a gender-neutral Korean beauty brand specializing in lip products, today announced the online launch of its TikTok-viral Soothing Prep Lip Mask on Sephora, further expanding its presence with the global beauty retailer following its initial debut earlier this year.
Laka, a gender-neutral Korean beauty brand specializing in lip products, today announced the online launch of its TikTok-viral Soothing Prep Lip Mask on Sephora, further expanding its presence with the global beauty retailer following its initial debut earlier this year.
Walter Cicchetti Leaders of three of the biggest U.S. public pension systems reportedly said they have major concerns over SpaceX's ( SPACE ) "extreme" ownership and control set-up in its upcoming public stock listing, urging founder and CEO Elon Musk to remove provisions that would curb shareholder protections. "We are writing to express our serious concerns with the reported novel and extreme ...
Walter Cicchetti Leaders of three of the biggest U.S. public pension systems reportedly said they have major concerns over SpaceX's ( SPACE ) "extreme" ownership and control set-up in its upcoming public stock listing, urging founder and CEO Elon Musk to remove provisions that would curb shareholder protections. "We are writing to express our serious concerns with the reported novel and extreme governance structure and provisions SpaceX is planning to disclose in its registration statement," New York State Comptroller Thomas DiNapoli, New York City Comptroller Mark Levine and California Public Employees' Retirement System CEO Marcie Frost said in a letter sent Wednesday to Musk that was reviewed by Reuters . The officials — representing three of the four largest public pension funds in the U.S. — criticized the extensive authority granted to Elon Musk over the company, according to the report. Their concerns included his voting control over shares, the power to block his own removal as CEO, and legal safeguards such as mandatory arbitration for shareholder claims against SpaceX . The SpaceX listing is expected to be the biggest initial public offering in history, with the company looking to raise $75B, with a $1.75T valuation. The IPO "would constitute the most management-favorable governance structure ever brought to the U.S. public markets at this scale," they wrote in the letter addressed to Musk, SpaceX President Gwynne Shotwell, and CFO Bret Johnsen, citing media reports on the company's confidential registration statement filed with securities regulators. More on SpaceX SpaceX IPO: Accelerated S&P 500 Inclusion Could Create A Liquidity Vacuum To A Trillion(s) Dollars And Beyond: A SpaceX IPO Odyssey SpaceX: $1.75T IPO And 220x EV/EBITDA Could Trigger Surge In Aerospace And Defense Musk's xAI signs up Wall Street firms for Grok chatbot - report OpenAI CEO says startup got 'morale boost' after Musk left board
A deliciously rustic, risotto-style pasta using seasonal spring veg and finished with butter, parmesan and lemon zest I am in more or less the same position as with last week’s recipe , only this time the pods contain broad beans, which are slightly easier to read than peas. This is because the pods are longer and become softer and floppier as they age, so you can see and feel if the beans inside ...
A deliciously rustic, risotto-style pasta using seasonal spring veg and finished with butter, parmesan and lemon zest I am in more or less the same position as with last week’s recipe , only this time the pods contain broad beans, which are slightly easier to read than peas. This is because the pods are longer and become softer and floppier as they age, so you can see and feel if the beans inside are large and hard, which, like peas, is because their sugar has turned to starch, and which makes them more suited to longer cooking. The other thing about broad beans is their opaque jackets, which thicken as the beans age and get more bitter, but they can be removed by picking them off with a nail, or by dunking the beans in hot water for a minute, then in cold water and squeezing the jackets off and across the worktop. Even older, larger beans can be enjoyed raw or lightly cooked; they are brighter, too, like green tiddlywinks. As well as dealing with pods, I have been reading about broad beans in recipe books and stories, looking out in particular for references to how they are consumed in spring, which in Italy is often alongside young sheep’s cheese – a great combination, as is broad beans and lancashire cheese. It turns out, though, that the mentions I have enjoyed most are to be found in England, and in George Eliot’s Adam Bede. One instance is when Adam, having walked past the leafy walls of scarlet beans, late peas and bushy filberts , strides over a “superfluity of broad beans” in Mrs Poyser’s garden; another when he eats cold broad beans out of a large dish with his pocket knife, and finds a flavour that he would not exchange for the finest pineapple. Continue reading...
If I were in government I’d propose a very different response to the challenges we face – starting with protecting people from the cost of living David Blunkett was Labour home secretary from 2001 to 2004 While I welcome many measures in the king’s speech , an alternative might look something like this. My lords, and members of the Commons: my government is committed to winning back the support of...
If I were in government I’d propose a very different response to the challenges we face – starting with protecting people from the cost of living David Blunkett was Labour home secretary from 2001 to 2004 While I welcome many measures in the king’s speech , an alternative might look something like this. My lords, and members of the Commons: my government is committed to winning back the support of the British people and demonstrating that they are “on the side” of those who are working – or who have worked – hard to make ends meet. David (Lord) Blunkett was Labour home secretary from 2001 to 2004 Continue reading...
Exclusive: Demand for blood to treat the rare disorder has soared by 132% in 10 years Demand for blood needed to treat rare disorders such as sickle cell has soared by more than 130% in 10 years, forcing the NHS to ask for more donors to come forward. Requests for haemoglobin S (HbS)-negative blood, the type most used in blood transfusions for sickle cell anaemia patients, stood at 82,181 units in...
Exclusive: Demand for blood to treat the rare disorder has soared by 132% in 10 years Demand for blood needed to treat rare disorders such as sickle cell has soared by more than 130% in 10 years, forcing the NHS to ask for more donors to come forward. Requests for haemoglobin S (HbS)-negative blood, the type most used in blood transfusions for sickle cell anaemia patients, stood at 82,181 units in 2015. But last year, more than 191,000 units were needed, a 132% increase. Continue reading...
Woodland Trust also finds significant north-south divide in tree cover, leaving many people at risk of poor health Nigel Farage’s constituency of Clacton-on-Sea is a “tree desert”, leaving people more exposed to air pollution, poorer health, lower life expectancy and the impact of rising temperatures, according to a new report. The Essex town is rated the worst-performing for equal access to trees...
Woodland Trust also finds significant north-south divide in tree cover, leaving many people at risk of poor health Nigel Farage’s constituency of Clacton-on-Sea is a “tree desert”, leaving people more exposed to air pollution, poorer health, lower life expectancy and the impact of rising temperatures, according to a new report. The Essex town is rated the worst-performing for equal access to trees in England, with the highest proportion of urban residents – 98.2% – living in neighbourhoods with critically low access to trees. Continue reading...
Painting that inspired depiction on £20 note more likely the work of John Opie, says Romantic artist’s biographer In 2020, Tate Britain hosted the launch of a new £20 banknote bearing representations of The Fighting Temeraire by JMW Turner and the artist’s most famous self-portrait. Now a leading expert has said the latter work, part of the Tate collection, is not by Turner at all. Dr James Hamilt...
Painting that inspired depiction on £20 note more likely the work of John Opie, says Romantic artist’s biographer In 2020, Tate Britain hosted the launch of a new £20 banknote bearing representations of The Fighting Temeraire by JMW Turner and the artist’s most famous self-portrait. Now a leading expert has said the latter work, part of the Tate collection, is not by Turner at all. Dr James Hamilton , who has published books on Turner and staged exhibitions at museums and galleries nationwide, said that while the painting does depict the English Romantic painter, it is likely to be the work of his contemporary, John Opie . Continue reading...
There are few places where history can be felt more powerfully than these pathways, walked by explorer, author and TV presenter Nicholas Crane How often do you look down and wonder who created the path your feet are following? Or ask the cause of its curves and dips? Formed over thousands of years, paths form an “internet of feet” – a web of bridleways and hollow ways, drove roads and ridgeways, c...
There are few places where history can be felt more powerfully than these pathways, walked by explorer, author and TV presenter Nicholas Crane How often do you look down and wonder who created the path your feet are following? Or ask the cause of its curves and dips? Formed over thousands of years, paths form an “internet of feet” – a web of bridleways and hollow ways, drove roads and ridgeways, coffin tracks, pilgrimage trails and city pavements. Whether you’re hiking a National Trail or pottering along a National Trust footpath, there’s a good chance you’re following ancestral steps. It’s thoughts like these that led me on a journey to track the evolution of British paths for my book, The Path More Travelled. Eleven thousand years ago ice age hunter-gatherers arrived from Europe’s heartlands, moving through the wilderness along broad “routeways”, that later widened to tracks when horses and then wheels were adopted in the bronze age. For more than 2,000 years, traffic moved no faster than the speed of a horse, until the internal combustion engine drove pedestrians off the road just over a century ago. Continue reading...
Test yourself on topical news trivia, pop culture and general knowledge every Thursday. How will you fare? Welcome to the Thursday news quiz, where curiosity is in full bloom thanks to our illustration by Anaïs Mims . Even the most carefully arranged facts can contain a hint of uncertainty, so beware the rogue question marks popping up among the petals of knowledge. Fifteen questions on topical ne...
Test yourself on topical news trivia, pop culture and general knowledge every Thursday. How will you fare? Welcome to the Thursday news quiz, where curiosity is in full bloom thanks to our illustration by Anaïs Mims . Even the most carefully arranged facts can contain a hint of uncertainty, so beware the rogue question marks popping up among the petals of knowledge. Fifteen questions on topical news, pop culture and general knowledge await. There are no prizes, but we always enjoy hearing how you got on in the comments. Allons-y! The Thursday news quiz, No 247 Continue reading...
After Reform politicians were cheered and progressive rabbis booed at rally against antisemitism, some fear longstanding alliances are fracturing Rabbi Charley Baginsky, the co-leader of Progressive Judaism, admitted she felt apprehensive before speaking at last weekend’s central London rally against antisemitism. As she addressed the crowd, there were some boos. It wasn’t the first time – last ye...
After Reform politicians were cheered and progressive rabbis booed at rally against antisemitism, some fear longstanding alliances are fracturing Rabbi Charley Baginsky, the co-leader of Progressive Judaism, admitted she felt apprehensive before speaking at last weekend’s central London rally against antisemitism. As she addressed the crowd, there were some boos. It wasn’t the first time – last year, on a similar stage outside Downing Street, Baginsky and her fellow co-lead, Rabbi Josh Levy, were jeered off stage. Continue reading...
Getty Images The following segment was excerpted from the Diamond Hill Select Strategy Q1 2026 Commentary. The Strategy declined 0.52% (net of fees) and the Russell 3000 Index declined 3.96%. Key contributors • Regal Rexnord ( RRX ) , a manufacturer of electrical products for industrial equipment, outperformed in Q1 as the company reported strong orders for a new data center product, which should ...
Getty Images The following segment was excerpted from the Diamond Hill Select Strategy Q1 2026 Commentary. The Strategy declined 0.52% (net of fees) and the Russell 3000 Index declined 3.96%. Key contributors • Regal Rexnord ( RRX ) , a manufacturer of electrical products for industrial equipment, outperformed in Q1 as the company reported strong orders for a new data center product, which should support solid revenue growth in 2027. Additionally, merger synergies and continuous improvement efforts continue to drive better-than-expected organic growth and margin expansion. While leverage remains somewhat elevated and could leave the company vulnerable to near-term macroeconomic weakness, we continue to view the stock as attractive at current prices. • Exploration and production company Diamondback Energy ( FANG ) saw shares rise as the sharp rise in oil prices drove a broad rally across US-based oil producers. As geopolitical tensions in the Middle East tightened the supply outlook, investors increasingly rewarded US producers for their leverage to higher commodity prices, potential for outsized cash generation and capacity for strong capital returns. • Natural gas exploration and production company Antero Resources ( AR ) benefited from a broad Q1 rally across US exploration and production companies, driven by a sharp rise in oil prices as heightened geopolitical tensions in the Middle East tightened the supply outlook. Key detractors • Consumer finance company Capital One ( COF ) underperformed during the quarter following its announced acquisition of Brex, an AI-native commercial fintech platform. While the market generally viewed the deal's strategic and financial merits favorably over the long term, shares were pressured by near-term concerns, including higher planned marketing spend to capture credit opportunities and rising uncertainty around future credit costs amid macro volatility. • Shares of Salesforce ( CRM ) declined amid concerns around generative AI ...
Andreessen Horowitz is making its first investment in the Gulf with a fundraise for a Saudi startup, as investors continue to sign deals despite the US-Israel war on Iran. The venture capital firm is leading a $25 million Series A for the Riyadh-based enterprise software firm Stitch, and the proceeds will be used for product development and expansion across the region, according to an emailed stat...
Andreessen Horowitz is making its first investment in the Gulf with a fundraise for a Saudi startup, as investors continue to sign deals despite the US-Israel war on Iran. The venture capital firm is leading a $25 million Series A for the Riyadh-based enterprise software firm Stitch, and the proceeds will be used for product development and expansion across the region, according to an emailed statement. Existing investors Arbor Ventures , COTU Ventures , Raed Ventures and SVC also participated in the round. Stitch wants to challenge traditional banking software makers such as Temenos AG , Fidelity National Information Services Inc. and Fiserv Inc. The startup helps financial services firms onboard customers, monitor transactions and manage financial products including accounts, cards, loans and payments on its platform. Andreessen Horowitz, also known as a16z, has invested in Dubai property technology startup Smart Bricks through its accelerator program Speedrun, but hasn’t made a Gulf investment through its main umbrella until now. The Menlo Park, California-based firm, which manages $90 billion across multiple funds, had held talks in 2024 with Saudi Arabia’s Public Investment Fund on a vehicle for artificial intelligence investments. Wall Street banks and major financial institutions have doubled down on their commitment to the region, despite the ongoing conflict. Many are betting that regional investors will continue to deploy billions, rather than delay dealmaking. However, some funds in the region are being more cautious on handing out capital. Read More: Iran War Tests Wall Street Firms’ Addiction to Mideast Money Stitch currently operates across the Gulf, Africa, as well as Southeast Asia, with customers including Raya Financing and Lulu Exchange, among others. The startup has so far raised a combined $35 million, around the latest round starting earlier this year and continuing through the outbreak of the war, Stitch Chief Executive Officer and founder Moh...
Artificial intelligence (AI) stocks have not exactly flown under the radar over the past three or four years. There have been major blips across the screen that have garnered massive investor attention -- mostly positive, although they did receive some negative attention earlier this year. But there are some AI stocks that have been mostly overlooked that investors should get to know. Here are two...
Artificial intelligence (AI) stocks have not exactly flown under the radar over the past three or four years. There have been major blips across the screen that have garnered massive investor attention -- mostly positive, although they did receive some negative attention earlier this year. But there are some AI stocks that have been mostly overlooked that investors should get to know. Here are two top, under-the-radar AI stocks to consider this month. Image source: Getty Images. Continue reading
Cristiano Ronaldo , the world’s first billionaire footballer, has bought a stake in LiveModeTV, the international streaming channel linked to Brazil’s CazéTV, expanding his push into digital media ahead of the next World Cup. “The mission is to put sports out there for everyone, in a whole new inspiring way,” Ronaldo said in an emailed statement to Bloomberg News. The goal is to enhance reach and ...
Cristiano Ronaldo , the world’s first billionaire footballer, has bought a stake in LiveModeTV, the international streaming channel linked to Brazil’s CazéTV, expanding his push into digital media ahead of the next World Cup. “The mission is to put sports out there for everyone, in a whole new inspiring way,” Ronaldo said in an emailed statement to Bloomberg News. The goal is to enhance reach and engagement “through YouTube broadcasts and content distributed across all social media platforms,” he added. Leia em português. LiveModeTV is the international arm of LiveMode, the company behind Brazil’s fast-growing CazéTV platform founded by influencer Casimiro Miguel, and forms part of its expansion beyond Brazil. LiveModeTV recently launched earlier in Portugal to provide free, digital-first coverage of the 2026 FIFA World Cup. Ronaldo, who is Portuguese, didn’t say how much he will invest to acquire a “relevant stake” in the newly formed digital sports broadcast company outside Brazil. The move marks the latest deal by the 41-year-old, whose net worth is estimated to be about $1.4 billion. Streaming companies have been building portfolios in sports as they seek new avenues for growth. CazéTV and LiveMode have introduced a new model, mostly showing premium sports content free on YouTube, and depending on advertising revenue and sponsorships instead of subscriptions. In Brazil, CazéTV recorded 3.7 billion views in 2025 on YouTube alone. LiveMode is hoping to gain scale abroad by partnering with Ronaldo, who has his own YouTube channel and is the most popular person in the world on Instagram, with over 660 million followers. “What sports leagues and competitions get from channels like CazéTV is a new audience,” said Minal Modha of Ampere Analysis, a media consultancy. “Many sports competitions are struggling to engage young fans, and these channels have access to that demographic.” CazéTV has the potential to attract big audiences because there is so little free live spo...
Blackstone ’s newly formed data center REIT, Blackstone Digital Infrastructure Trust , raised $1.75B in its U.S. IPO after pricing 87.5M shares at $20 each. The underwriters have a 30-day option to lift total IPO proceeds to $2B. The shares are expected to begin trading on the New York Stock Exchange on May 14, 2026, under the ticker symbol "BXDC" ( BXDC ) with closing expected on May 15, 2026. Th...
Blackstone ’s newly formed data center REIT, Blackstone Digital Infrastructure Trust , raised $1.75B in its U.S. IPO after pricing 87.5M shares at $20 each. The underwriters have a 30-day option to lift total IPO proceeds to $2B. The shares are expected to begin trading on the New York Stock Exchange on May 14, 2026, under the ticker symbol "BXDC" ( BXDC ) with closing expected on May 15, 2026. The REIT plans to acquire stabilized, newly built data centers valued between $250M and $1.5B, targeting investment-grade hyperscale tenants in key U.S. markets including Northern Virginia, Ohio, Phoenix, Maryland, and Austin. It has identified about $25B in near-term data center opportunities. This IPO comes amid surging investor demand for AI-linked infrastructure assets and expanding hyperscale data center spending by major technology companies. More on Blackstone Prologis: Likely To Outperform Blackstone Industrial Funds Blackstone: Be Greedy When Others Are Fearful A Rare Chance To Buy Blackstone's $1.3 Trillion Empire At A Deep Discount Here's the full list of business executives invited to go with Trump to China Blackstone launches lending platform for homebuilders to construct over 50K houses annually
Exclusive: former deputy prime minister says investigation ‘clipped my wings’ as she settles £40,000 in unpaid stamp duty Angela Rayner has been cleared by HMRC of deliberate wrongdoing or carelessness over her tax affairs, the Guardian can reveal, paving the way for a potential leadership bid as Keir Starmer’s grip on power unravels. The former deputy prime minister has settled £40,000 in unpaid ...
Exclusive: former deputy prime minister says investigation ‘clipped my wings’ as she settles £40,000 in unpaid stamp duty Angela Rayner has been cleared by HMRC of deliberate wrongdoing or carelessness over her tax affairs, the Guardian can reveal, paving the way for a potential leadership bid as Keir Starmer’s grip on power unravels. The former deputy prime minister has settled £40,000 in unpaid stamp duty after initially paying the lower rate , but has not paid any penalty as a result of the investigation. HMRC was also satisfied there was no tax avoidance. Continue reading...