Putin Puts on Show of Defiance as Cease-Fire Talks Drag On – The New York Times
Putin Puts on Show of Defiance as Cease-Fire Talks Drag On – The New York Times
Putin Puts on Show of Defiance as Cease-Fire Talks Drag On The New York TimesWatch: Steve Rosenberg reports from Russia’s Red Square on Victory Day BBCPutin, Xi and friendly world leaders celebrate Russia’s Victory Day at Moscow Parade CNNRussia exudes confidence at parade marking 80 years since Nazi defeat The Washington Post5 things Putin conveniently left out of his Victory Day speech in Moscow The Kyiv Independent
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Taylor Swift criticises being pulled into Lively-Baldoni row
Taylor Swift criticises being pulled into Lively-Baldoni row
Annabel Rackham
Culture reporter
Getty Images
Taylor Swift and Blake Lively, seen here in 2023, have been close friends for many years
Taylor Swift’s representatives have told the BBC she is being brought into a legal row between Justin Baldoni and Blake Lively to create “tabloid clickbait”.
The 35-year-old singer was summoned to a US court after it was alleged she encouraged Baldoni to accept script re-writes by Lively for It Ends With Us, a film that both starred in and is the centre of a ******* harassment case.
Baldoni says he was invited to Lively’s New York home in 2023 to discuss script changes, where Lively’s husband, Ryan Reynolds, and Swift were there to serve as her “dragons”.
Representatives for Swift said “she was not involved in any casting or creative decision” and “never saw an edit or made any notes on the film”.
Lively, 37, sued Baldoni, 41, in December 2024, accusing him of ******* harassment and a smear campaign. Baldoni is counter-suing Lively and her husband, the actor Ryan Reynolds, on claims of civil extortion, defamation and invasion of privacy.
Lively and Baldoni have been locked in a dispute since the film, which is an adaption of a Colleen Hoover novel, was released last summer.
According to Baldoni, there were tensions over the 2023 re-write of the scene, at which he was surprised to find Reynolds and Swift present.
He alleges Lively wrote in a text to him: “If you ever get around to watching Game of Thrones, you’ll appreciate that I’m Khaleesi, and like her, I happen to have a few dragons. For better or worse, but usually better. Because my dragons also protect those I fight for.”
Baldoni says he responded supportively, writing: “I really love what you did. It really does help a lot. Makes it so much more fun and interesting. (And I would have felt that way without Ryan and Taylor).
“You really are a talent across the board. Really excited and grateful to do this together.”
It is also alleged that Swift was involved in the casting of Isabela Ferrer in the film, who played a younger version of Lively’s character, Lily Bloom.
Speaking at the New York premiere of It Ends With Us, Ferrer said: “She [Taylor Swift] was a helpful part of the audition, which I found out later when I got it, and that rocked my world.”
But Swift’s representatives said the only involvement she had in the film was permitting the use of her song, My Tears Ricochet, noting that she was among 20 artists featured in the film.
Swift “never set foot on the set of this movie, she was not involved in any casting or creative decisions, she did not score the film, [and] she never saw an edit or made any notes on the film”, they said.
They added that Swift did not see It Ends With Us until “weeks after its release” as she was “travelling around the globe” on tour at the time.
The popstar’s spokespeople argued that the subpoena “designed to use Taylor Swift’s name to draw public interest by creating tabloid clickbait instead of focusing on the facts of the case”.
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Diary sparks mystery of Wolverhampton man helping WW2 Jews
Diary sparks mystery of Wolverhampton man helping WW2 Jews
Tanya Gupta
BBC News, West Midlands
Family
Eli Getreu, seen here with his wife Barbro Gentele, captured life in Nazi Vienna as a teenage diarist
The diary of a Jewish teenager from Austria has been uncovered, leading to a mystery about a man from Wolverhampton thought to be helping Jews escape persecution.
The diary was discovered by Eli Getreu’s widow Barbro Gentele and featured entries written in 1939 as he was visiting his parents who were refugees in the city after escaping Nazi Vienna.
Dr Daniel Lee, a reader in European History at Queen Mary University of London, said it offered a significant insight into life in Wolverhampton on the eve of war.
It also suggested a man called Isaac Brown living in the city had been helping Jews settle in the *** and Dr Lee is appealing for information about him.
Mr Getreu moved to Denmark but visited his parents in Wolverhampton in May 1939, capturing in his pages the happiness and freedom he saw there before the outbreak of war.
The diary is handwritten in ******* and currently being translated by Mr Getreu’s grandson Öyvind Vågen.
It includes letters to a girl called Vera, who Mr Getreu had been in love with.
Handout
An extract from the handwritten document shows Wolverhampton for an entry in May
One entry on 27 May 1939 describes a fair in Wolverhampton “packed to the brim” with boys on dodgems and girls in make-up and silk stockings, and the laughter after two boys deliberately crashed their bumper car.
Poignantly, Mr Getreu wrote: “I would have liked to have been as carefree that evening, but I was unable to. I was indeed sorry for something; I saw young girls everywhere in the arms of their boys, laughing, happy, and contented. I was jealous; I wanted to be so contented, too.”
Months earlier, he had described events in Austria during a wave of anti-semitic violence carried out by the Nazis.
It is now referred to as the November Pogrom, formerly known as Kristallnacht.
Attacks had begun in Germany and continued in Vienna on 10 November 1938.
That day, Mr Getreu documented soldiers searching homes, deserted areas where Jews would have previously gathered, religious scrolls thrown in the street, arrests, boarded-up shops, looting, an explosion and burned-down synagogues – and how he got home to be greeted by his mother “running out, crying joyfully, kissing me and being happy that I was there”.
Family
Eli Getreu and his sister Tirza’s early life in Vienna was captured in the family photo album
Dr Lee, who was contacted by the family after they heard a BBC radio programme on the Holocaust, said: “It’s amazing to think these boys and girls are having a lovely night, drinking and wearing make-up, but six months’ later, they were in a very different place,” he said.
“Some of those boys wouldn’t even be alive. Women were going into factories.
“But here they are all having the time of their lives, with no idea of what was going to happen.”
He said Mr Getreu had been “a typical 18-year-old adolescent who did not have a crystal ball to inform him of what was around the corner” – who had paid as much attention to his personal thoughts as the horrific anti-semitism and violence seen on the streets of Vienna.
Ms Gentele, who lives in Stockholm, described her husband’s diary as that of a “young man who was madly in love” and a shy and sensitive teenager who was worried about his parents.
She met him in 1973 in Sweden when he had become a psychotherapist working with families and Holocaust survivors.
He died in 2005 at the age of 85.
Ms Gentele said she had no idea what he was going through in Wolverhampton, but believed he was writing about “a glimpse of what could have been”.
The family are now hoping to find out more about what life was like in Wolverhampton for Mr Getreu’s parents, and whether they were part of a wider community of Jews who had fled Europe.
They said they wanted the journal to be published, not just as an account of war, but also as a way for young people to understand history, identity and empathy, and to “walk in another person’s shoes”.
Family
In 1939, Eli’s parents went to Wolverhampton, while he headed for Denmark
The diary has also led Dr Lee to discover more about who might have helped the family in Wolverhampton.
He said a man called Isaac Brown, living at 65 Tettenhall Road, Wolverhampton, was supporting Jews.
The academic has found several documents backing up his theory, including a refugee card and information from a 1939 registry.
Now both the family and Dr Lee are hoping to trace anyone who knows more about Isaac Brown and the help he gave to those fleeing conflict and persecution.
Dr Lee said tens of thousands of Jews would have been seeking asylum in the *** at the time, and it was remarkable that Mr Getreu’s parents found their way to the city at a time when borders were closing. He is seeking information on Mr Brown’s role in facilitating this.
The academic said the diary was significant because it revealed the routes some Jewish refugees took, adding: “They didn’t always go to London, Paris or America, but rather followed family networks.”
He said Holocaust history was more commonly linked to places such as the notorious Auschwitz concentration camp, and he added: “You don’t think about Wolverhampton and the Jewish refugees who fled there.”
It was an important discovery, he added, because so much World War Two research had highlighted the voices of the Nazis and the perpetrators of the Holocaust.
He said: “There is still so much more to uncover about the Jews themselves.”
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4 Ways Tesla’s Price Cuts Could Reshape the EV Market
4 Ways Tesla’s Price Cuts Could Reshape the EV Market
Tesla’s latest round of price cuts is sending shockwaves through the electric vehicle world. And though these price adjustments may seem like short-term strategies to boost sales, they signal a broader shift in Tesla’s long-term positioning and could reshape the future of the EV market.
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Here are four ways Tesla’s price drops could ripple through the industry.
The Model Y now costs around the same as many mid-level gas-powered SUVs, especially if you’re able to qualify for the $7,500 federal EV tax credit. That puts Tesla within reach for many first-time EV buyers who may have thought it was too expensive before.
In other words, these price drops could be the push needed to get more people to buy electric cars and for EV adoption to pick up speed in the U.S.
Be Aware: 6 Hybrid Vehicles To Stay Away From Buying
Tesla’s price cuts are having a big impact on the used car market as well. According iSeeCars data, used EV prices have dropped sharply and are now about 11% lower than their gas-powered counterparts.
That’s pretty good news if you’re shopping for a used EV, but not so great if you already own one. A steeper drop in resale value can hurt those who counted on their car holding its worth over time or planned to trade it in later.
Tesla’s price cuts are also putting lots of pressure on traditional car companies. Ford, for example, has already slashed prices on the Mustang Mach-E in response, but keeping up with Tesla on price alone is going to be tough — unlike Tesla, legacy brands are often tied to higher labor costs, dealer networks and older production systems.
If Tesla keeps undercutting the competition, other automakers may have to rethink their entire EV game plans. That could mean slowing down production, delaying new releases or revisiting their pricing strategies.
Lowering prices isn’t great for profit margins in the short term, but Tesla seems to be more focused on building dominance in the EV market rather than raking in quick cash. Elon Musk laid out this vision years ago — back in 2006 — when he shared his “Master Plan.”
The idea was to start with a high-end car, use the profits to fund a more affordable model, and keep going until Teslas were accessible to the masses.
These latest price cuts line up quite well with that original plan. By making Teslas more attainable, the company is pulling more people into its larger ecosystem, which includes software subscriptions, charging solutions and self-driving features.
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Aaron Gordon delivers again with game-tying 3, Nuggets put foot down on Thunder for OT Game 3 win – The Denver Post
Aaron Gordon delivers again with game-tying 3, Nuggets put foot down on Thunder for OT Game 3 win – The Denver Post
Aaron Gordon delivers again with game-tying 3, Nuggets put foot down on Thunder for OT Game 3 win The Denver PostNuggets rebound, outlast OKC in OT for 2-1 lead ESPNNuggets’ other guys lift Nikola Jokić for a change in Game 3 OT win over Thunder The New York TimesThunder vs. Nuggets odds, prediction, start time: 2025 NBA playoff picks, Game 3 best bets by proven model CBS SportsNBA playoffs: Thunder steamroll Nuggets in Game 2, with postseason-record 87 first-half points Yahoo Sports
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Company that ran bloodstained butchers in Reading fined
Company that ran bloodstained butchers in Reading fined
A company that ran a hazard-strewn butchers shop, where council inspectors found walls stained with blood and pools of blood on the floor, has been fined more than £58,000.
Inspectors also found old meat left in a mincer’s nozzle and too few sinks for people to wash their hands at Kenya Butchers in West Street, Reading, run by KBH Meats Ltd.
The Slough-based company admitted 12 breaches of regulations at the Berkshire premises and its operator, Mohammed Ayub, also admitted 12 breaches.
Reading magistrates told the firm to pay a total of £58,330 in fines, costs and surcharges. Ayub, from Greenford in west London, must pay a total of £5,508.
Reading Borough Council inspectors also found light switches and taps were unwashed and blood-stained cardboard on the floor.
A blade in a bandsaw had been left exposed and ice that had formed in a walk-in freezer left people at risk of slipping, they said.
The company and Ayub, 42, also ran Just Fresh in West Street, but did not tell the council they were doing so and were fined for that omission.
In March 2024, the council said Kenya Butchers was shut down after “extensive rat activity” was found there.
A member of the public had told the authority of their concerns and environmental health officers found rat droppings in “all food handling and storage areas, particularly in the butchery and basement”.
The company was told on 2 May it must pay the outstanding £58,330 by 30 May but Ayub will be able to pay £250 a month from 27 June.
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S.Korea's conservatives move to switch candidates
S.Korea's conservatives move to switch candidates
South Korea’s troubled conservative party has set off more turmoil by ditching its presidential candidate with only weeks to go before the election.
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2 No-Brainer Warren Buffett Stocks to Buy Now
2 No-Brainer Warren Buffett Stocks to Buy Now
Warren Buffett plans to retire this year after delivering a return of over 5,000,000% to long-term investors through his holding company Berkshire Hathaway. With a market capitalization of $1.12 trillion, Berkshire is already quite large, so investors shouldn’t expect a repeat of the previous six decades of growth.
That said, the portfolio is still a great way to look for inspiration in the market. Let’s discuss why two Berkshire-backed stocks, Amazon (NASDAQ: AMZN) and BYD (OTC: BYDD.F), could make great buys.
Even the best investors make mistakes. Warren Buffett has admitted that he was “too dumb” to see Amazon’s potential earlier. But he finally took the plunge in early 2019, and now Berkshire Hathaway owns a whopping $1.89 billion of the company’s shares, representing 0.7% of its portfolio.
It’s easy to see why Buffett likes Amazon. The company’s economic moat is as deep as they come. Its size creates a positive feedback loop: the vast number of buyers attracts more sellers, which leads to more competition and product variety. The company can also unlock economies of scale in its logistics and distribution networks, passing on these savings and efficiencies to consumers.
While Amazon could face some challenges from the Trump administration’s new tariffs on imported goods, its 3rd party business model can shift the impact mostly to sellers on the marketplace.
Amazon’s diversification is another long-term asset. The company’s cloud computing division, Amazon Web Services (AWS), represents around half of operating income, reducing its exposure to consumer spending and allowing it to benefit from long-term growth drivers like generative artificial intelligence (AI). Amazon’s AI strategy focuses on the enterprise side of the industry, helping other companies run and train their models.
With a $2.68 billion stake, Berkshire Hathaway is one of BYD’s highest-profile backers — first betting on the ******** EV maker in 2008. Like Amazon, BYD is an excellent example of how forging a deep and sustainable economic moat can be key to a company’s success.
BYD’s edge comes from vertical integration. The company started its life as a battery maker and has leveraged this expertise to control a vast amount of its supply chain — not only making its own batteries, but also having rights to lithium mines and refining capacity needed to create them from scratch. This allows it to bring down costs and quickly scale up production.
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In 2024, BYD overtook American rival Tesla to become the top-selling EV brand in the world with revenue of $107 billion.
Image source: Getty Images
While heavy tariffs will likely prevent BYD’s cars from entering the U.S. market any time soon, the company has a massive opportunity for expansion elsewhere in the world. Management aims to double international sales to 800,000 in 2025, avoiding tariffs and other forms of protectionism by manufacturing locally. Tesla’s weakness in the EU could turn into an opportunity for BYD to gain market share.
With a forward price-to-earnings (P/E) multiple of just 21, BYD’s shares are remarkably affordable. For context, Tesla has a forward P/E of 127.
While Amazon and BYD are both relatively important holdings in the Berkshire Hathaway portfolio, they pale in comparison to the company’s cash pile, which stood at a record of $334 billion at the end of 2024 after it sold $134 billion in stocks last year.
Buffett’s defensive posture could signal that he feels cautious about the stock market in general, which makes sense considering the volatility surrounding Trump’s trade policy. While Amazon and BYD remain great long-term buys, investors should also consider diversifying their holdings to minimize risk in this uncertain market.
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Berkshire Hathaway. The Motley Fool recommends BYD Company. The Motley Fool has a disclosure policy.
2 No-Brainer Warren Buffett Stocks to Buy Now was originally published by The Motley Fool
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Qataris search for bodies of Americans killed by Islamic State in Syria ahead of Trump visit – The Jerusalem Post
Qataris search for bodies of Americans killed by Islamic State in Syria ahead of Trump visit – The Jerusalem Post
Qataris search for bodies of Americans killed by Islamic State in Syria ahead of Trump visit The Jerusalem PostAfter more than a decade, digging begins in Syria to uncover remains of Americans killed by ISIS NBC NewsExclusive: Qataris search for bodies of Americans killed by Islamic State in Syria ReutersQatar leads Syria search for bodies of US hostages killed by ISIL: Report Al JazeeraQatar searches for remains of Americans killed by Daesh in Syria: Reuters Roya News
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UAE retire out 10 batters against Qatar to beat rain in Women’s T20 World Cup Asia qualifier
UAE retire out 10 batters against Qatar to beat rain in Women’s T20 World Cup Asia qualifier
In cricket you have never seen it all.
At the Asia qualifier for the 2026 Women’s T20 World Cup in Thailand, the United Arab Emirates were getting twitchy.
They had raced to 192-0 in 16 overs against Qatar but rain was looming in Bangkok.
With only one team progressing from the group, the UAE needed the win against the side ranked 32 places below them, at 52 in the world, to guarantee reaching the next stage.
In a Test a side could declare to save time but in T20s declarations are not allowed.
So instead the two UAE openers – with captain Esha Oza on 113 and left-hander Theertha Satish 74 – retired out and the rest of the batting line-up each came to the crease and did the same under the instruction of coach Ahmed Raza.
It resulted in the remarkable scorecard of UAE being 192 all out in 16 overs – 10 batters retired out and no Qatar bowler taking a wicket.
And afterwards UAE dismissed Qatar for 29 in 11.1 overs to complete a 163-run win.
“Whilst the innings was going on we started hearing thunder and slight drizzle started,” Raza said.
“I went to the umpires and checked whether we could declare but in white-ball cricket you can not declare.
“I then asked the match referee if I could retire my whole team out.”
The win means UAE progress to the Super 3 stage of the Asia qualifier, meaning they remain in the hunt for one of the two spots that would take them to the Global Qualifier.
From there four teams will qualify for the 2026 Women’s T20 World Cup in England.
“With the thunder and drizzle we just had to make sure the whole game was played because the weather has been around,” Raza said.
“At the start of our bowling innings it was already drizzling and we were scared of the thunderstorm. There was not enough time. It was all done purely to get a result.
“By doing this I meant no disrespect to anyone involved, our opposition. Everything that happened was within the laws and was well communicated with the match referee.
“This extraordinary series of events should not overshadow our captain’s hundred and our opening stand of 192 and our bowlers doing the remaining job.”
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Lotto: Six ticketholders hit the jackpot with $3.3m wins in Saturday’s draw
Lotto: Six ticketholders hit the jackpot with $3.3m wins in Saturday’s draw
Six Aussies have become instant millionaires after bagging division one wins in Saturday Lotto’s $20 million draw.
The fortunate players managed to match the six winning numbers needed to secure the jackpot, earning them a cool $3.3m each.
Division two dished out more than $11,000 to 103 players across the nation —including 17 West Aussies.
An additional 1,748 Aussies will be celebrating a handy cash boost of $992.20.
The winning numbers for draw #4571 are 1, 35, 18, 25, 45 and 38. The supplementary numbers are 4 and 16.
Although there were no division one winners from the west, the draw has raised more than $3 million to support the WA community.
Lotterywest spokesperson Sarah Dawson said: “Since the start of the year, Saturday Lotto ticket sales have raised more than $38 million for Lotterywest’s grants program.
“If you had a ticket in tonight’s draw you are supporting hundreds of community organisations across WA who are doing fantastic things for Western Australians.”
Saturday’s luck comes after a man from New South Wales was the only player to win the $30 million Powerball jackpot on Thursday.
The man from Cessnock bought the golden ticket from Shell Aberdare Newsagency on Aberdare Road, netting him the life-changing prize.
An official from The Lott delivered the news shortly after the draw, catching the winner completely off guard.
“Holy sh..t!” he exclaimed, overwhelmed by the moment.
“Bless you, man! Bless you!” he laughed, before erupting into disbelief.
“I just had this ticket on the fridge. I was looking at it this afternoon and thought, ‘wouldn’t it be lovely to win’. The ticket was there with all the bills. There will be no more worrying about bills now. I don’t care if I get a bill now!”
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Soviet-era spacecraft plunges to Earth after 53 years stuck in orbit
Soviet-era spacecraft plunges to Earth after 53 years stuck in orbit
A Soviet-era spacecraft plunged to Earth on Saturday, more than a half-century after its failed launch to Venus.
The European Union Space Surveillance and Tracking confirmed its uncontrolled reentry, based on analysis and no-shows of the spacecraft on subsequent orbits. The European Space Agency’s space debris office also indicated that the spacecraft had reentered after it failed to appear over a ******* radar station.
It was not immediately known where the spacecraft came in or how much, if any, of the half-ton spacecraft survived the fiery descent from orbit. Experts said ahead of time that some if not all of it might come crashing down, given it was built to withstand a landing on Venus, the solar system’s hottest planet.
The chances of anyone getting clobbered by spacecraft debris were exceedingly low, scientists said.
Launched in 1972 by the Soviet Union, the spacecraft known as Kosmos 482 was part of a series of missions bound for Venus. But this one never made it out of orbit around Earth, stranded there by a rocket malfunction.
Much of the spacecraft came tumbling back to Earth within a decade of the failed launch. No longer able to resist gravity’s tug as its orbit dwindled, the spherical lander — an estimated 3 feet (1 meter) across — was the last part of the spacecraft to come down. The lander was encased in titanium, according to experts, and weighed more than 1,000 pounds (495 kilograms).
After following the spacecraft’s downward spiral, scientists, military experts and others could not pinpoint in advance precisely when or where the spacecraft might come down. Solar activity added to the uncertainty as well as the spacecraft’s deteriorating condition after so long in space.
As of Saturday morning, the U.S. Space Command had yet to confirm the spacecraft’s demise as it collected and analyzed data from orbit.
The U.S. Space Command routinely monitors dozens of reentries each month. What set Kosmos 482 apart — and earned it extra attention from government and private space trackers — was that it was more likely to survive reentry, according to officials.
It was also coming in uncontrolled, without any intervention by flight controllers who normally target the Pacific and other vast expanses of water for old satellites and other space debris.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group and the Robert Wood Johnson Foundation. The AP is solely responsible for all content.
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Horoscope for Saturday, 5/10/25 by Georgia Nicols – CT Insider
Horoscope for Saturday, 5/10/25 by Georgia Nicols – CT Insider
Horoscope for Saturday, 5/10/25 by Georgia Nicols CT InsiderHoroscope for Saturday, May 10, 2025 Chicago Sun-TimesHoroscopes Today, May 10, 2025 USA TodayLove and Relationship Horoscope for May 10, 2025 Hindustan TimesYour daily horoscope: May 10, 2025 The Globe and Mail
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Final Fury Review – Furious Fighting Fun | XR Source
Final Fury Review – Furious Fighting Fun | XR Source
VR developer Kluge Interactive has officially launched its latest title, Final Fury, a VR fighting game.
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Kwik Fit founder Sir Tom Farmer dies aged 84
Kwik Fit founder Sir Tom Farmer dies aged 84
The founder of the Kwik Fit garage chain, Sir Tom Farmer, has died at the age of 84.
The Edinburgh-born businessman died peacefully at his home in the city on Friday, his family said.
He built the company into the world’s biggest independent tyre and automotive chain, selling it to Ford for £1bn in 1999.
Sir Tom owned a majority stake in Hibernian FC for more than 20 years, selling his interest in the club in 2019.
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Tesla’s India Country Head Resigns As Elon Musk-Led Company Finalizes Launch Plans In World’s Third-Largest Auto Market: Report
Tesla’s India Country Head Resigns As Elon Musk-Led Company Finalizes Launch Plans In World’s Third-Largest Auto Market: Report
As the electric vehicle manufacturer is finalizing plans to launch operations in the third-largest car market in the world, Prashanth Menon, the Country Head for India for Tesla Inc. (NASDAQ:TSLA), has reportedly resigned after nine years with the CEO Elon Musk-led company.
What Happened: Menon, who oversaw operations in India as Chairman of Tesla India Motors and Energy Pvt. for more than four years, was instrumental in the company’s establishment of a local office in Pune in 2021 and the purchase of its first retail leases in Mumbai and Delhi earlier this year, according to sources cited by Bloomberg.
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The resignation comes right before Tesla’s anticipated arrival in India. No immediate successor has been named, and the report states that Tesla’s operations in India will be temporarily managed by its China teams.
Tesla did not immediately respond to Benzinga’s request for comment.
Why It Matters: In order to create more favorable conditions for Tesla’s entry, India is currently negotiating a trade agreement with the United States that could reduce auto import tariffs, which were previously as high as 110%. India recently lowered its 110% tariff to 15% on EVs costing more than $35,000.
Tesla has made progress in its plans to grow in India by securing retail space and hiring more locals. The report claims that the company has also begun to reimburse early Model 3 reservations dating back to 2016, seemingly in preparation for the release of newer models.
Amid trade tensions between the United States and China, Tesla is investigating semiconductor supply chains in India in addition to its retail operations. According to reports, the company has discussed chip supplies with ***** Electronics, CG Semi, and Micron Technology Inc. (NASDAQ:MU).
Photo Courtesy: Tada Images On Shutterstock.com
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Sony Xperia 1 VII alleged leaked marketing images show design, specs, and more – Notebookcheck
Sony Xperia 1 VII alleged leaked marketing images show design, specs, and more – Notebookcheck
Sony Xperia 1 VII alleged leaked marketing images show design, specs, and more NotebookcheckSony Xperia 1 VII leaked renders show all three colors – GSMArena.com news GSMArena.comSony looks set to take another swipe at the best camera phone title TechRadarSony Teases New Flagship Xperia Smartphone That Probably Won’t Come to the US PetaPixelSony Xperia 1 VII: Official teasers reveal ‘powered by’ Alpha and Walkman hardware Notebookcheck
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Mothers of Mexico’s disappeared hold a candle vigil in Mexico City on eve of Mother’s Day
Mothers of Mexico’s disappeared hold a candle vigil in Mexico City on eve of Mother’s Day
Mothers of Mexico’s disappeared hold a candle vigil in Mexico City on eve of Mother’s Day
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Elizabeth Holmes' partner raises millions for new biotech testing startup – NPR
Elizabeth Holmes' partner raises millions for new biotech testing startup – NPR
Elizabeth Holmes’ partner raises millions for new biotech testing startup NPR
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Fowler-Nembhard stars as Fever crush Mavericks in Perth
Fowler-Nembhard stars as Fever crush Mavericks in Perth
Jhaniele Fowler-Nembhard has produced yet another outstanding display to lift the West Coast Fever to a crushing 78-61 win over the Melbourne Mavericks at RAC Arena.
Fowler-Nembhard scored 60 goals from 62 attempts in Saturday night’s Super Netball clash in what was her strongest game yet since returning from personal leave.
The Fever were bottom of the table nursing a 0-2 record after two rounds, but the return of Fowler-Nembhard has sparked a three-game winning run that has lifted West Coast into third.
“We knew what we had to do and we wanted to get in that top four,” Fowler-Nembhard told Fox Sports.
“I’m happy for how we performed as a team to get there.
“We had one mission today, which was to come out and execute our game plan, and I thought we did that really well, both in attack and defence.”
Fever captain Jess Anstiss was also sensational, with her tireless work at wing defence proving crucial in the dominant win.
“Today I just saw the opportunity to have more attack in my game, so I thought I’d take it on, and I was able to get in the right positions and help out the attackers,” Anstiss said.
The Mavericks suffered a big blow on the eve of the match when captain Amy Parmenter was ruled with an ankle injury.
The visitors shot at just 76 per cent in the first half, with former Fever shooter Sasha Glasgow missing all four of her Super Shots in the opening term.
Fowler-Nembhard was an unstoppable force from the outset.
Her accuracy and ability to reel in the long passes helped Fever shoot out to a 22-14 lead by quarter time in front of 7967 adoring fans.
The lead blew out to 11 early in the second quarter, but the Mavericks’ decision to replace Glasgow with Uneeq Palavi paid initial dividends.
Palavi’s no-look passes to goal shooter Shimona Jok helped give her team a buzz, with the Mavericks entering half-time down 38-29 but still in the contest.
The third quarter was disastrous for the Mavericks, with West Coast entering the final change boasting a match-winning 59-42 lead on the back of Fowler-Nembhard’s dominance.
Mavericks goal shooter Jok tried hard with 40 goals from 42 attempts, but the supply dried up at crucial moments of the match.
The result left the Mavericks nursing a 1-4 record.
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China Unveils Strange Device to Find Invisible Objects
China Unveils Strange Device to Find Invisible Objects
China is outpacing the world in robotics production, building safer alternatives to uranium reactors, and flooding the globe with high-tech electric vehicles — to name just a few of the rising superpower’s achievements.
But the country is also innovating on the military front — a domain usually thought to be dominated by the United States.
Researchers at the 38th Research Institute of China Electronics Technology Group Corporation recently announced the successful development of a handheld device they say can detect cloaked stealth fighters.
The new bit of kit blends civilian telecoms tech with military-grade radar sensitivities according to the South China Morning Post, a Hong Kong-based newspaper. The researchers claim that it can detect stealth signals at a rate of “100 percent.”
Here’s how it works: US stealth vehicles use a system called low-probability-of-intercept radar (LPIR) to operate virtually undetected. LPIR makes military hardware nearly untraceable by employing several methods, including spamming a bevvy of super-weak radio signals across a wide range of frequencies, modulating rapidly.
This device, the researchers claim, can crack these quickly-changing signals with “ultra sensitivity, extremely fast speed,” and across a wide range of frequencies from “5kHz to 44 GHz,” per the SCMP. Even through electronic jamming — when a detection device is bombarded with noisy, high-power signals — the tablet can locate LPIR devices with an error margin of 0.4 to 0.5 inches, according to the researchers.
If it’s as effective in real life as it was in testing, it could signal a pivotal point in the US-China arms race. The US uses LPIR on a huge range of equipment, from stealth bombers and unmanned drones to nuclear submarines.
As essentially a repurposed tablet you could buy from a wholesaler, the gadget is blisteringly cheap compared to highly specialized military hardware.
The handheld device used to build the stealth-detector rings in at less than $68,600 online, meaning the ******** military could very easily roll these out to its troops en masse, potentially lowering the threat of a first strike. Meanwhile, the hardware it’s meant to detect — like the B-2 stealth bomber — can cost as much as $2 billion to produce.
However, that’s presupposing that it actually works and lives up to the researchers’ claims. There’s also the chance that the US military, or one of its many tech contractors, could find a new solution to avoid being detected.
Though the device seemingly has no offensive application, it could be a major defensive tool as the US military under Trump maintains a large presence around China.
More on military tech: Pentagon Signs Deal to “Deploy AI Agents for Military Use”
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Judge orders temporary halt to Trump’s mass layoffs of federal workers – The Washington Post
Judge orders temporary halt to Trump’s mass layoffs of federal workers – The Washington Post
Judge orders temporary halt to Trump’s mass layoffs of federal workers The Washington PostJudge Temporarily Blocks Trump Plans for Mass Layoffs and Program Closures The New York TimesFederal judge temporarily halts Trump’s sweeping government overhaul NPRJudge puts temporary pause on Trump’s mass layoffs at government agencies Fox NewsJudge halts drastic cuts to agencies being done under Trump executive order CNN
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Borrowers could save hundreds per month as experts tip up to four RBA interest rate cuts this year
Borrowers could save hundreds per month as experts tip up to four RBA interest rate cuts this year
Under-pressure homeowners are set to win in a new mortgage war sparked by as many as four interest rate cuts this year, as major lenders race to slash fixed rates to entice new customers.
Experts say this month’s expected interest rate cut should spark new offers for those looking to refinance, with nine lenders cutting their rates in the past week — a potential saving of hundreds per month for those on the average-sized loan.
ANZ last week was the latest to take an axe to its fixed rate home loans, cutting by up to 0.4 percentage points for owner-occupiers and up to 0.45 percentage points for investors.
That takes ANZ’s lowest fixed rate to 5.39 per cent — the lowest two-year fixed rate of the big four banks.
It follows a similar slash from National Australia Bank and Macquarie last month. Mid-tier Bank of Queensland and Police Bank have the lowest fixed rates on the market at 4.99 per cent after cutting earlier this month.
Comparison site Finder’s head of consumer research Graham Cooke expects a May rate cut to to shift even more focus onto home loan rates and trigger a fresh round of refinancing.
Mr Cooke’s advice is for borrowers to find out their bank’s actual rate and what the lowest available rates are in the market.
“Call your bank and tell them you found a cheaper rate. If they don’t offer you a deal, then move to a new lender,” he said.
“There’s a lot of talk about whether the next (Reserve Bank) cut will be 25 or 50 basis points, but the gap between the average market rate and the lowest (rate) is about 40 basis points. You can give yourself nearly two rate cuts by switching, depending on your current rate.
“Refinancing is relatively smooth, you can do it online and your new lender will handle everything.”
The RBA next meets on May 19-20, when it is widely expected to cut rates. Borrowers were denied back-to-back mortgage relief in April, with the cash rate held steady at 4.1 per cent.
Finder predicts three to four more rate cuts before the end of the year, with each cut saving the average homeowner just under $100 a month. Economists at the four major banks expect between two and four cuts in the same *******.
Canstar data insights director Sally Tindall said the rate slashing was good news for borrowers.
“When the big banks go head-to-head on rate, what this tells us is that competition in the mortgage market is alive and kicking,” she said.
“While these kinds of rate cuts are typically reserved for new customers, this doesn’t mean existing borrowers have to miss out.
“If your bank is advertising a rate that’s lower than the one you’re on, pick up the phone and ask why. Alternatively, you can capitalise on this competition by turning yourself from a long-serving existing customer into a new one, unlocking discounts some banks are only willing to offer new business.”
Credit reporting agency Equifax recorded a 5.2 per cent jump in mortgage demand year-on-year in March, driven by refinancing activity. It found refinancing accounted for 37 per cent of all mortgage applications in March following the rate cut in February.
NAB boss Andrew Irvine is optimistic about falling interest rate and its ability to boost house prices, which could lead to more refinancing activity in the market.
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Interest rate cuts and trade deals lift the mood
Interest rate cuts and trade deals lift the mood
Behold the heatwave! The temperatures, after dipping into the teens – and even lower with cloud cover to boot – are rising again amid the promise of more sunshine this weekend.
Past that weather report, in the world of finance a lot has happened this week. Central banks took a call on interest rates, the US and China are holding their first trade talks today in Switzerland, and the *** became the first nation to seal a trade deal with the US after president Trump’s tariff policy upended the global economy.
The *** also signed a trade with India, and mergers and acquisitions were in focus with DoorDash (DASH) agreeing to acquire Deliveroo (ROO.L) for $3.8bn (£2.9bn) and Associated British Foods (ABF.L) buying dairy technology firm National Milk Records for £48m. There were also reports of Shell (SHEL.L) preparing a takeover bid for BP (BP.L), though both declined to comment about this to Yahoo Finance.
A major *** think tank warned of tax rises, saying chancellor Rachel Reeves is running out of choices and facing a reckoning before the autumn budget when the government may have to discard its self- imposed fiscal rules — thanks to reduced growth projections amid mounting global uncertainty.
Quite a lot to unpack, you see.
But before we get to that, here’s how Warren Buffett signed off at the 60th annual shareholder meeting of Berkshire Hathaway (BRK-B, BRK-A) last Sunday, signalling it would be his final appearance as chairman and CEO.
“That’s the news hook for the day,” 94-year-old Buffett said, as he announced his retirement after six decades in which he transformed a struggling textile company that he took over in 1965 into a $1.12tn behemoth.
In the interim, the price of Berkshire class A shares rose from $19 to $778,173 — a staggering 4,095,546% growth. To visualise that scale of growth, imagine Berkshire as an average-sized tree in 1965. It would have grown so tall today that the top would reach the International Space Station.
On that note, here are the highlights from the last seven days, plus a glimpse at the week ahead.
Warren Buffett shook the investment world last week with four words: ‘The time has arrived.’ · Reuters / Reuters
Warren Buffett to step down as Berkshire Hathaway CEO at year-end, Greg Abel to take over
Warren Buffett announced at the 60th annual shareholder meeting of Berkshire Hathaway (BRK-B, BRK-A) on Saturday 3 May that he plans to hand over the reins at year-end.
“I think it’s time that Greg [Abel] should become the chief executive officer of the company at year-end,” said Buffett. “And I want to spring that on the directors, effectively, and give that as my recommendation.”
Abel, currently vice chairman at Berkshire Hathaway and overseer of the company’s operating businesses, was tabbed as Buffett’s successor in 2021.
Buffett said that he has no plans to sell any of his Berkshire Hathaway stock as part of this transition. He has served as CEO since 1970.
Bank of England cuts interest rates to 4.25%
The Bank of England (BoE) cut interest rates to 4.25% in a quarter-point reduction on Thursday. The cut marked its fourth since rates peaked at 5.25% last year and comes amid a global trade war and a weak domestic economy.
BoE governor Andrew Bailey said policymakers should take a “gradual and careful” approach to cutting interest rates.
Bailey said: “Inflationary pressures have continued to ease, so we’ve been able to cut rates again today. The past few weeks have shown how unpredictable the global economy can be.”
Fed holds rates steady, defying Trump’s call for cuts
The Federal Reserve held US interest rates steady on Wednesday for the third meeting in a row, defying president Donald Trump’s calls for it to again loosen monetary policy while also warning of increased economic uncertainty.
Fed chair Jerome Powell said the central bank does not “need to be in a hurry” as it evaluates how Trump’s tariffs will affect employment and inflation and whether talks with America’s largest trading partners change the outlook.
Powell made it clear he is concerned about the effect Trump’s tariffs could have: “My gut tells me that uncertainty for the path of the economy is extremely elevated.”
***-US trade deal benefits Rolls-Royce amid tepid FTSE
The ***-US trade deal announced on Thursday received a mixed response from market observers, with most remaining guarded about its long-term prospects.
Hailed as a ‘breakthrough and great deal’ by Trump, the US-*** pact is the first for his administration since imposing — then pausing — sweeping “reciprocal” tariffs against all trading partners in early April.
It offers the *** relief from tariffs on cars and steel, while the *** reduces tariffs on US products, including beef and ethanol. Overall, a 10% tariff on most imports remains in place.
The London stock market, however, didn’t move much either with the anticipation of the deal or its announcement. The FTSE 100 (^FTSE) closed 0.3% lower on the day, and lagged behind its European peers. The FTSE 250 (^FTMC) only delivered minor gains.
Rolls-Royce (RR.L) shares jumped as it emerged as a big winner from the trade deal. It won’t have to pay tariffs on aircraft engines shipped to Boeing (BA) in the US.
The most bought stocks and funds for investors in April
Nvidia CEO Jensen Huang. · David Zalubowski, Associated Press
April was a particularly volatile month for markets, amid developments around US president Donald Trump’s tariff agenda.
The investments that proved most popular last month across *** platforms Interactive Investor, Hargreaves Lansdown, Robinhood (HOOD) and Bestinvest included oil major BP (BP.L), chipmaker Nvidia (NVDA) and financial services firm Legal & General (LGEN.L).
Read more: Stocks to watch next week
New research for Hargreaves Lansdown found that 55% of people say they manage short-term finances, like paying the bills and saving for a holiday, between them and their partner. · SimpleImages via Getty Images
Do you split the bills with your partner? Most likely, but despite a majority of couples sharing financial responsibilities, there is still a gender split, with more women disproportionately impacted when it comes to money matters. More on this by our columnist Sarah Coles as she asks the question Who wears the financial trousers in your relationship?
This week, we also focused on pension musings: How often do you think about it, and why should you? Helen Morrissey talks about how to plan for retirement and track your pension pot income.
Find more personal finance gems here: Money Matters
Monday 12 May
Data: US April federal budget balance, Japan March BoP current account balance, BoP trade balance, April bank lending, Economy Watchers survey, Denmark April CPI
Central banks: Fed’s Kugler speaks, BoE’s Lombardelli, Greene, Taylor and Mann speak
Earnings: UniCredit (UCG.MI), Petroleo Brasileiro (0KHP.L)
Tuesday 13 May
Data: *** jobs report, US April CPI, NFIB small business optimism, Japan April M2, M3, Germany May Zew survey, March current account balance, Eurozone May Zew survey
Central banks: BoJ’s summary of opinions from April meeting, ECB’s Escriva, Knot and Makhlouf speak, BoE’s Governor Bailey and Pill speak
Earnings: Munich Re (1MUV2.MI), Sea, JD.com (JD), Bayer (1BAYN.MI), Venture Global (VG), On Holding (ONON)
Wednesday 14 May
Data: Japan April PPI, Canada March building permits
Central banks: Fed’s Waller, Jefferson and Daly speak, ECB’s Nagel and Holzmann speak, BoE’s Breeden speaks
Earnings: Tencent (0700.HK), Cisco (CSCO), Sony (SONY), E.ON (EOAN.MU), Coreweave (CRWV), RENK (R3NK.F), Burberry (BRBY.L)
Thursday 15 May
Data: *** Q1 GDP, US April PPI, retail sales, industrial production, capacity utilisation, May Philadelphia Fed business outlook, Empire manufacturing index, NAHB housing market index, March business inventories, initial jobless claims, Japan April machine tool orders, Germany April wholesale price index, Italy March general government debt, Eurozone Q1 employment, March industrial production, Canada April housing starts, existing home sales, March manufacturing sales, Australia April labour report, Norway Q1 GDP
Central banks: Fed’s Chair Powell and Barr speak, ECB’s Cipollone, Elderson, Guindos and Villeroy speak, BoE’s Dhingra speaks
Earnings: Walmart (WMT), Alibaba (BABA), Siemens (SIEMENS.NS), Deutsche Telekom (DTE.DE), Allianz (ALVD.XC), Mitsubishi UFJ (1348.T), Deere (DCO.F), Applied Materials (AMAT.BA), National Grid (NG.L), 3i Group (III.L), Engie (0LD0.IL), Take-Two (TTWO), RWE (RWE.VI), Cava (CAVA)
Friday 16 May
Data: US May University of Michigan survey, New York Fed services business activity, April building permits, housing starts, import and export price indices, March total net TIC flows, Japan Q1 GDP, March capacity utilisation, Italy March trade balance, Eurozone March trade balance, Canada March international securities transactions
Central banks: Fed’s Barkin speaks, BoJ’s Nakamura speaks, ECB’s Lane speaks, BoE’s Lombardelli speaks
Earnings: Cie Financiere Richemont (CFRZ.XC)
Other: European Commission Spring Economic Forecasts
*Calendar courtesy of Deutsche Bank
Sir David Attenborough turned 99 this week. He remains mesmerisingly brilliant. As he enters his 100th year he launched what he called one of the most important films of his career: Ocean. “After almost 100 years on the planet, I now understand the most important place on Earth is not on land, but at sea.”
Do watch. Happy birthday Sir David!
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Why Trump is focusing on business deals on his Middle East trip – NPR
Why Trump is focusing on business deals on his Middle East trip – NPR
Why Trump is focusing on business deals on his Middle East trip NPROpinion | This Israeli Government Is Not Our Ally The New York TimesGulf diplomatic source claims Trump will announce US recognition of ************ state The Jerusalem PostMAGA meets MBS The EconomistTrump Heads Back to Where He Started The Atlantic
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