Money

Nearly half of Smith & Nephew investors revolt against CEO pay rise

Smith & Nephew had a shareholder revolt on Wednesday when nearly half of voting investors rejected the medical device manufacturer’s plans to raise its chief executive’s pay packet to $11.8m (£9.5m). But the company’s pay policy, which will increase the maximum payout for Deepak Nath – who is based in Texas – by nearly a third, was narrowly approved, despite 43% of voting cast against the proposals at its annual general meeting in Watford. It is...

Lithium miner submits plans to drill in Durham

A mining company has announced plans to extract 10,000 tonnes of lithium a year from rocks beneath a County Durham beauty spot after drilling found vast volumes of hot brines laden with the precious mineral. Lithium is an essential component of the rechargeable batteries that power everything from mobile phones to electric vehicles – but the UK is ...

Labour mayoral candidate reported to police over alleged electoral law breach

Police are looking into Tory claims that Labour’s candidate for Thursday’s critical West Midlands mayoral election wrongly claimed he lived in the area to get on the ballot paper. West Midlands Police said it was “assessing” allegations that Richard Parker may have breached electoral law after receiving a complaint from a local Conservative MP. A s...

ITV News presenter Rageh Omaar victim of fake social media account after on-air health crisis

ITV News presenter Rageh Omaar victim of fake social media account after on-air health crisis - An Instagram account claiming to be the journalist has appeared after he suffered a suspected mini-stroke

Mercedes and McLaren reveal Adrian Newey stance as huge Red Bull exit confirmed

Adrian Newey would certainly be a wanted man if he came back onto the market, and two team bosses have given their perspectives.

Russia-Ukraine war: Frontline update as of May 1

In Ukraine, there have been 122 military clashes on the front lines over the past day. The enemy has been actively pushing against the positions of defenders in the Avdiivka direction. This was reported by RBC-Ukraine, citing the General Staff of the Armed Forces of Ukraine on Facebook. Russian shelling of Ukraine Overall, the enemy launched 8 miss...

Russian attack kills two, injures six in Ukraine's east

(Reuters) - A Russian attack killed at least two people and injured six on Wednesday in the Ukrainian town of Hirnyk, just over 12 km (7 miles) from the most tense frontline area, a local official said. Russian troops used a multiple rocket launcher for the strike, regional governor Vadym Filashkin said on the Telegram messenger. Images he shared alongside the post showed private houses destroyed

Covid-19 inquiry can honour our loved ones’ memories, says bereaved daughter

The UK Covid-19 Inquiry opened in Belfast on Tuesday for three weeks’ of hearings.

What the papers say – May 1

What the papers say – May 1 - A range of stories feature on Britain’s newspapers on Wednesday.

Drone footage shows devastation in Ukraine's strategic eastern city of Chasiv Yar as Russians near

KYIV, Ukraine (AP) — Months of relentless Russian artillery pounding have devastated a strategic city in eastern Ukraine, new drone footage obtained by The Associated Press shows, with barely a building left intact, homes and municipal offices charred and a town that once had a population of 12,000 now all but deserted. The footage shows Chasiv Yar — set amid green fields and woodland — pounded into an apocalyptic vista. The destruction is...

Metro train collides with bus in downtown Los Angeles, injuring more than 50, 2 seriously

LOS ANGELES (AP) — At least 55 people were hurt, two seriously, when a Metro light rail train and a University of Southern California shuttle bus collided Tuesday along a busy thoroughfare in downtown Los Angeles, officials said. The crash happened shortly before noon along Exposition Boulevard, near the USC campus and Natural History Museum, according to the LA Fire Department. Two victims were hospitalized with serious injuries and 16 others...

UK police officer charged with showing support for Hamas

LONDON (Reuters) - A British police officer has been charged with a terrorism offence for allegedly publishing an image in support of Hamas, a group banned in Britain as a terrorist organisation, police said on Wednesday. Mohammed Adil, 26, from Bradford in northern England, was arrested last November and charged following an investigation by British counter-terrorism officers, Counter Terrorism

Doping-USADA slams WADA for 'half-truths' in China doping case

NEW YORK (Reuters) - The U.S. Anti-Doping Agency (USADA) criticised the World Anti-Doping Agency (WADA) on Wednesday for "doubling down on half-truths", after the global body published a document outlining its handling of a case involving Chinese swimmers. WADA has been under fire since the New York Times reported last month that 23 Chinese swimmers tested positive for trimetazidine (TMZ) ahead

Major change to NHS prescriptions starts today

24 North East and Yorkshire pubs snapped up in multimillion-pound rescue deal by Punch Pubs & Co

Pubs including the Millstone Hotel in Gosforth, The Black Bull in Morpeth and the Townhouse in Whitley Bay form part of the deal

Iran files charges over BBC report on teen girl allegedly killed by security forces in 2022 protests

Iran files charges over BBC report on teen girl allegedly killed by security forces in 2022 protests - Iranian prosecutors have filed criminal charges against activists and journalists following a BBC report that alleged security forces “sexually assaulted and killed” a 16-year-old girl during the protests over the death of Mahsa Amini in 2022

How Keir Starmer and other Left-wing lawyers have fought police over Taser use

Tuesday’s harrowing sword attack in north-east London has brought the issue of police use of Tasers back under the spotlight. Footage has shown the yellow-hooded suspect being apprehended having been hit with multiple Tasers. However, on Wednesday questions were raised as to whether the two officers who were injured, one of whom nearly losing her h...

Gloucestershire wicketkeeper Ben Wells forced to retire at the age 23 due to heart condition

Gloucestershire wicketkeeper Ben Wells has been forced to retire at the age of 23 after being diagnosed with the same heart condition that ended former England batter James Taylor's career.

Novak Djokovic parts ways with long-time fitness coach

World number one Novak Djokovic has parted ways with fitness coach Marco Panichi after seven years.

Erling Haaland offers fresh injury update after Man City 'problem'

Erling Haaland offers fresh injury update after Man City 'problem' - Striker has already missed 12 games this season

Bill Hwang Fights Jail After Losing $36 Billion

On May 8, former Archegos founder Bill Hwang is due to appear at the federal courthouse in Lower Manhattan in what promises to be one of the most closely watched Wall Street trials in recent memory. Bloomberg's Sridhar Natarajan has the story.

Jenson Button spots key change in Lewis Hamilton ahead of Ferrari F1 2025 move

"Bravo, Lewis..."

Inquest into Kelly’s Bar bombing will not conclude by legacy deadline

Inquest into Kelly’s Bar bombing will not conclude by legacy deadline - John Moran was 19 when he died from injuries received in a car bomb at Kelly’s Bar on the Springfield Road in 1972.

Around 300 arrested as riot police break up US university protests

About 300 people have been arrested during police crackdowns on protests at US universities.

Wrexham's Hollywood star owners unveil plans to expand ground

Wrexham owners Ryan Reynolds and Rob McElhenney have shared their hope to increase the capacity at the club's ground.

Major US star's Manchester Co-op Live gigs postponed as new venue faces fresh chaos

The new Co-op Live in Manchester has been hit by further problems before it's even fully opened – with tonight's gig cancelled and two events this weekend postponed.

George Gilbey: Second man arrested over Gogglebox star’s death

George Gilbey: Second man arrested over Gogglebox star’s death - The Channel 4 TV star died after falling from a roof in Essex in March

Ukraine calls on Vatican to help with prisoner exchange with Russia before Easter

The Head of the Office of the President of Ukraine, Andrii Yermak, held a phone conversation with the head of the Italian Episcopal Conference, Cardinal Matteo Zuppi. The sides discussed the return of Ukrainian children abducted by Russia and the acceleration of the process of exchanging prisoners of war, according to the Office of the President of...

Rockstar confirms LA Noire is back

Rockstar Games has confirmed LA Noire is back and when it will be free-to-play for those who are subscribed to its GTA+ premium service. The developers recently announced Bully and LA Noire would be added to GTA+, which already has games such as Red Dead Redemption, GTA: The Trilogy (featuring GTA 3, Vice City and San Andreas) and GTA: Liberty City...

‘I will never forgive myself’: Father recalls heartbreaking moment daughter died on small boat

‘I will never forgive myself’: Father recalls heartbreaking moment daughter died on small boat - Ahmed Alhashimi says he will ‘never forgive myself’, as daughter’s former classmates in Sweden mourn her loss

Freshworks names Dennis Woodside as CEO, shares tumble

(Reuters) - Freshworks said on Wednesday that Dennis Woodside will take over as CEO of the CRM software maker, and founder Girish Mathrubootham will be the firm's executive chairman. Shares of the San Mateo, California-based company fell about 21% in extended trading. Woodside joined Freshworks as president in 2022, with a prior professional record including roles as president at Impossible

Ex-Google workers say firings for protesting Israel contract were illegal

By Daniel Wiessner (Reuters) -A group of workers at Alphabet Inc's Google have filed a complaint with a U.S. labor board claiming the tech company unlawfully fired about 50 employees for protesting its cloud contract with the Israeli government. The single-page complaint filed late Monday with the U.S. National Labor Relations Board (NLRB) alleges that by firing the workers, Google interfered

Four news presenters accuse BBC of ‘grinding down’ women over pay

Four senior female news presenters have accused the BBC of “grinding down” women on pay and failing to tackle persistent pay discrimination at a tribunal court hearing in London. The presenter Martine Croxall – alongside Karin Giannone, Kasia Madera and Annita McVeigh – accused the broadcaster of conducting a “sham recruitment exercise” after they lost their jobs when the BBC merged its domestic and global news channels last year. In witness...

At least 19 dead after huge section of highway collapses

Isis claims responsibility for deadly Afghanistan mosque shooting

Isis claims responsibility for deadly Afghanistan mosque shooting - Isis says attacker used machine-gun to open fire at worshippers

House prices fall for second month due to higher mortgage rates, says Nationwide

The average UK home fell in value by 0.4% in April, following a 0.2% fall in March, according to Nationwide, taking account of seasonal effects.

Indonesia volcano eruption shuts more airports, ash reaches Malaysia

Eruptions at a remote Indonesian volcano forced more than half a dozen airports to close with ash spreading as far as Malaysia, officials said Wednesday, while authorities rushed to evacuate thousands due to tsunami fears. Mount Ruang erupted three times on Tuesday, spewing lava and ash more than five kilometres (three miles) into the sky and forcing authorities to issue evacuation orders for 12,000 locals.

Tesla’s HR chief leaves company after swathe of job cuts

Tesla’s HR chief leaves company after swathe of job cuts - Yet another senior staff member at EV giant has followed hundreds of employees in leaving the company this week

United Airlines says flights to Tel Aviv are cancelled up to May 9

JERUSALEM (Reuters) - United Airlines on Wednesday extended the cancellation of its daily flight from Newark, New Jersey to Tel Aviv in Israel up to May 9, saying it was completing a safety assessment. "We continue to closely monitor the situation and will make decisions on all upcoming flights with a focus on the safety of our customers and crews," United said in a statement. United on April 19

Man Utd news: Red Devils urged to appoint Championship manager as Ten Hag's replacement

Manchester United have been told to sack Erik ten Hag and replace him with one of the Championship's best managers.

Football legends join forces to teach nation how to perform CPR

The 'Every Minute Matters' campaign seeks to teach 270,000 people how to perform CPR.

‘Protest consultant’ stirs up pro-Palestine campus clashes

When Eric Adams, the New York mayor, issued a warning about “outside agitators” infiltrating the pro-Palestinian demonstrations at Columbia University, his words were accompanied by video of students dutifully obeying orders from a grey-haired woman. She was identified as Lisa Fithian, a New Yorker living in Texas, yet the 63-year-old would have ne...

Across the world, journalists are under threat for sharing the truth

Conflict in Gaza, war in Ukraine, a battle over the global environment – the world is becoming an increasingly hostile place, particularly for frontline journalists. Last year saw 99 killings of reporters, up 44% on 2022 and the highest toll since 2015. Without the courage of correspondents to continue working in conflict areas, press organisations warn the world will start to see “zones of silence”, where the risks are so great that important...

Barclays London office cordoned off after pro-Palestine protesters spray building with red paint

Barclays London office cordoned off after pro-Palestine protesters spray building with red paint -

27k-p/w Southampton "monster" who Hasenhuttl loved will leave this summer

A 27,000 per week Southampton "monster" who former manager Ralph Hasenhuttl loved is set to leave this summer.

Crypto washout sends bitcoin below $58,000 ahead of Fed decision

By Amanda Cooper LONDON (Reuters) - Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later. The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has

Dortmund 1-0 PSG: Jadon Sancho outshines Kylian Mbappe in Champions League thriller

Dortmund 1-0 PSG: Jadon Sancho outshines Kylian Mbappe in Champions League thriller - Manchester United loanee inspires Bundesliga giants to memorable semi-final first-leg triumph

Trump hush money trial: Key takeaways from fifth day of testimony

Trump hush money trial: Key takeaways from fifth day of testimony - During day five of testimony, Donald Trump was hit with a $9,000 gag order fine and was granted his request to attend Barron’s graduation

How Liverpool could line up under Arne Slot with triple signing and one position change

Liverpool are turning their attention to shaping their squad for Arne Slot ahead of life without Jurgen Klopp. Here's how they could line up next season...

On Cong plaint, EC puts 48-hour no-campaign ban on KCR

HYDERABAD: EC has barred former Telangana CM and BRS chief, K Chandrashekar Rao, from holding meetings, processions, rallies, shows and giving interviews to media for 48 hours from 8pm on Wednesday, reports U Sudhakarreddy.The action came on a complaint by Telangana Congress. In a press meet in Sircilla on April 5, KCR had made a number of comments...