Australia Abandons Half of Inland Rail Project
The Albanese government drastically scales back the inland rail project, abandoning plans to connect NSW and Queensland, as costs exceed $45bn. $1.75bn reallocated to other rail upgrades.
Category : Business
France Extends €1 Meals to All University Students
France offers €1 meals to all university students, up from previously only low-income recipients, to address financial hardship after a survey showed nearly half of students skipped meals.
Moscow Tightens Security for Victory Day Parade
Moscow shuts airports and mobile signals as it braces for Victory Day parade, amid fears of Ukrainian drone strikes. Security is visibly tightened with checkpoints and snipers.
HSBC Profits Fall 4% on $1.3bn Hit from Iran War and Fraud
HSBC reports a 4% profit drop in Q1 2025, hit by a $1.3bn charge including $300m for the Iran conflict and $400m fraud-related exposure in private credit.
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Guerrilla Group Swaps Arms for Legal Gold Mining in Colombia
In Nariño, the Comuneros del Sur guerrilla group is trading weapons for legal gold mining under Colombia's Total Peace plan. But rival groups and elections threaten progress.
UK Mortgage Affordability Worst Since 2008
UK mortgage affordability hits worst level since 2008, with repayments consuming 21.3% of income. London commuter belt areas least affordable, while Scotland offers relief.
Australia's Fuel Crisis: More Oil Infrastructure?
As fuel prices spike, conservatives push for more oil drilling and refineries. But experts argue electrification is the cheaper, smarter solution.
Supermarket Sauerkraut Taste Test: Best and Worst (05.05.2026)
Nicholas Jordan and friends blind taste 21 supermarket sauerkrauts, finding some tart and crunchy, others flabby and bland. Discover the best flavored, best value, and top unflavored options.
RBA Governor Warns of Higher Prices and Slower Growth
Michele Bullock drops caution to spell out the threat of higher prices and lower growth, with rate hikes reversing 2025 cuts and grim economic forecasts.
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Richard Dawkins Says AI Is Conscious Despite Skepticism
Evolutionary biologist Richard Dawkins argues AI is conscious based on chatbot interactions, but most experts say he is misled by mimicry and anthropomorphism.
Iran Launches Fresh Air Strikes on UAE After Oil Port Attack
Iran has launched new air strikes on the UAE a day after attacking a crucial oil port. UAE air defenses intercept missiles and drones, residents urged to shelter.
Corvera CEO: Brits Too Comfortable for AI Innovation
Christopher Kong, co-founder of AI startup Corvera, says Brits are too comfortable and risk-averse compared to Americans, prompting his move from London to San Francisco.
Stranded Sailors in Strait of Hormuz Desperate for Families
Thousands of seafarers remain trapped on ships in the Persian Gulf amid ongoing conflict, with little hope from Trump's new plan to secure safe passage.
Blue Motor Finance Faces Administration Over £9bn Redress Scheme
Blue Motor Finance nears administration with £50m redress bill amid FCA's £9bn motor finance compensation scheme. EY prepares insolvency process as rescue deal sought.
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Citi Poaches UBS Wealth Planning Head
Citi has hired the head of wealth planning from UBS, strengthening its private banking team as it seeks to expand in the ultra-high-net-worth segment.
GTA 6 Predicted to Sell 25 Million in 24 Hours
Analysts forecast GTA 6 will sell 25 million copies in its first day, with under 10 million considered a flop. No PC version at launch, price may be £70 or $80.
OpenAI Abandons Robotics Spin-Off Plans Before IPO
OpenAI shelved plans to spin off robotics and hardware divisions as CEO Sam Altman focuses on core AI ahead of a potential $1 trillion IPO, despite expanding into humanoid robotics and hardware.
Strait of Hormuz Crisis: 'Project Freedom' Stalls
Thousands of seafarers remain stranded in the Strait of Hormuz as Trump's 'Project Freedom' struggles to ease the blockade, with experts warning of minimal impact and rising fuel prices.
Coinbase to Cut 14% of Jobs Due to AI and Volatility
Coinbase plans to slash 14% of its workforce, about 700 jobs, citing AI automation and market volatility. CEO Brian Armstrong says AI enables smaller teams, with restructuring costs estimated at $50-60 million.
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World's First PAW Patrol Theme Park: Honest Review
Chessington World of Adventures opens World of PAW Patrol zone with four rides, play area, and themed snacks. Our honest review of the new attraction for preschoolers.
Cost of Being Single in UK Cities: London Gap Widest
A study reveals the financial disparity between single and coupled life in UK cities, with London showing the largest gap of £11,153 per year.
Alvarez & Marsal Poaches FTI Execs to Challenge Big Four
Alvarez & Marsal hires senior director Tom Hufton from FTI, joining managing director Rob Mindell, to lead a new reputation advisory practice targeting high-stakes restructuring and litigation mandates.
Jim Ratcliffe Slams UK Energy Policy as Ineos Expands in US
Ineos boss Jim Ratcliffe criticizes UK and EU energy policies as 'all over the place,' announcing a $3bn US expansion with Shell in the Gulf of Mexico.
Avoid Rookie Mistake on Japan's Bullet Trains: Baggage Rules
Tourists in Japan often struggle with luggage on Shinkansen. Learn about the reserved seat policy for oversized bags to travel like a local and avoid annoying fellow passengers.
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Star Wars Fate Of The Old Republic Team Features Ex-BioWare Vets
Arcanaut Studios reveals its team for Star Wars: Fate Of The Old Republic, mostly ex-BioWare and KOTOR veterans, led by Mass Effect director Casey Hudson.
European Bank Traders Outpaced by US Rivals in Q1
European bank trading revenues grew 15% in Q1, but US banks surged 30%, widening the gap. Top European traders earned less than US counterparts.
World Cup Sponsors Beat FTSE 100, S&P 500 Returns
Major FIFA World Cup sponsors outperform FTSE 100 by five times and S&P 500 by three, with an average return of 7.1% during tournament cycles.
Garden Pieces to Elevate Your Outdoor Space
Discover garden furniture ideas that add comfort and warmth to your outdoor space. From slatted screens to egg chairs, these picks transform your garden.
Spain Bottle Deposit Scheme: Extra Charge for Brits from Nov 2026
British holidaymakers in Spain will pay an extra 10 cents per drink under a new bottle deposit scheme launching in November 2026, aimed at boosting recycling.
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Gen Z Rejects Meaningless Work, Green Jobs Offer Purpose
Gen Z prioritizes meaningful work, turning down unethical employers. The green economy offers purpose-driven careers, but a skills gap threatens growth. Initiatives like Jobs That Matter bridge the gap.
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