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Trump hails White House talks with 'terrific' Petro, after months of mutual insults
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BBC News

Trump, Petro Hold Talks to Mend Strained US-Colombia Ties

In a diplomatic pivot, President Trump hosts Colombia's Gustavo Petro at the White House, signaling a thaw in a relationship previously marked by insults.

  • WASHINGTON – In a striking diplomatic pivot, U.S. President Donald Trump hosted Colombian President Gustavo Petro at the White House, capping the meeting by calling his counterpart "terrific" and signaling a potential thaw in what has been a deeply chilled relationship. The cordial tone stands in stark contrast to months of public acrimony, suggesting a pragmatic turn toward cooperation between two leaders with vastly different ideological and economic visions.
  • Political Labels: During his campaign, President Trump repeatedly painted Petro as a dangerous radical, warning that his election would turn Colombia into another Venezuela and dubbing him a "new Castro."
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Florida iguanas are 'cold stunned' and falling from trees
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BBC News

Florida Iguanas 'Cold Stunned' & Falling From Trees

A Florida cold snap is causing iguanas to become paralyzed and fall from trees, creating a unique opportunity for state-sanctioned invasive species removal.

  • MIAMI – A rare plunge in Florida's temperatures has created a bizarre spectacle of iguanas falling from trees, paralyzed by the cold. But for state officials, municipal managers, and private property owners, this strange phenomenon represents a significant and unexpected economic opportunity in the costly, long-running battle against one of the state's most destructive invasive species.
  • Infrastructure Under Siege: Iguanas are prolific burrowers. Their elaborate tunnel systems, often dug alongside waterways, compromise the structural integrity of seawalls, canal banks, and levees. The city of West Palm Beach, for example, has previously estimated spending upwards of $1.8 million on repairs to a single dam damaged by iguana burrows. These costs are ultimately borne by taxpayers through municipal budgets.
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Dumfries House: Scottish estate transformed by King Charles' vision
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BBC News

Dumfries House: How King Charles Transformed a Scottish Esta

Discover how King Charles's vision saved Dumfries House, transforming the Scottish estate into a thriving hub for sustainability, jobs, and community regenerati

  • AYRSHIRE, SCOTLAND – What was once a decaying 18th-century Palladian mansion, its priceless contents moments from being auctioned off, has been meticulously resurrected into a thriving economic and social hub. Dumfries House now stands not merely as a preserved piece of history, but as a tangible blueprint for King Charles III's decades-old philosophy on sustainability, community, and integrated local economies.
  • Key Impact: Job Creation and Local Sourcing: The estate directly employs staff across hospitality, tourism, education, and agriculture. A core principle is local sourcing, with the vast majority of suppliers for its restaurants and shops located within a tight radius, injecting millions of pounds annually into the regional economy.
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Investigator 'did unlawful stuff' regarding Harry, court hears
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BBC News

Prince Harry Court Case: Investigator Admits 'Unlawful Stuff

A private investigator admits to using "unlawful stuff" like blagging to gather data on Prince Harry for Mirror Group Newspapers, a London court has heard.

  • LONDON – A London High Court has heard explosive testimony detailing how a private investigator, hired by journalists from Mirror Group Newspapers (MGN), engaged in "unlawful stuff" to gather information on Prince Harry. The evidence, presented in a witness statement, paints a stark picture of a transactional and clandestine economy where private data was a commodity, allegedly commissioned and paid for by major media corporations.
  • Unlawful Methods: Burrows' statement reportedly confesses to targeting Prince Harry from a young age, using methods described as "blagging" — obtaining private information like phone records and financial data through deception — and other forms of surveillance. He expressed regret for his actions, noting the significant impact on the Prince's security and mental well-being.
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Business

Financial news and market updates

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Chris Mason: Mandelson revelations a scandal on another level
© BBC Politics
BBC Politics

Mandelson Revelations a 'Scandal on Another Level'

Damaging revelations about Lord Mandelson's business affairs have sparked a major political scandal, derailing his appointment as UK ambassador to Washington.

  • LONDON – A political firestorm has engulfed Downing Street following a series of damaging revelations about Lord Mandelson's business affairs, critically undermining his now-imperiled appointment as the UK's ambassador to Washington. The government is now in full crisis-management mode, attempting to control a narrative that, according to BBC Political Editor Chris Mason, represents "a scandal on another level," touching on core issues of national security and institutional competence.
  • Proactive Statements: The Prime Minister’s official spokesperson has held on-the-record briefings daily, offering detailed rebuttals and context for each allegation as it has surfaced, a departure from the standard practice of issuing blanket denials.
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Review & Preview: Another Software Slump
© Yahoo Finance
Yahoo Finance

Tech Selloff: Software Stocks Plunge Amid Growth Fears

A warning from a key software company triggered a major selloff, dragging down the Nasdaq. Learn why investor anxiety over valuations and spending is growing.

  • NEW YORK – Wall Street’s fragile truce with the technology sector shattered on Tuesday as a fresh wave of selling pressure dragged down software stocks, sending a clear signal that investor anxiety over growth, valuation, and corporate spending remains acute. The tech-heavy Nasdaq Composite bore the brunt of the downturn, closing the session down 1.4%, while the broader S&P 500 shed 0.8%. The selloff, indiscriminate in its later stages, found its epicenter in the traditionally stable, high-margin world of legal and data services software, proving no niche is safe from the market's current risk-off mood.
  • The Epicenter: IntelleLex (NASDAQ: ITLX) revised its full-year revenue forecast down to a range of $850-$875 million, a significant cut from its previous guidance of $980 million-$1 billion. The company’s CEO pointed to "macroeconomic headwinds impacting client budget approvals."
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How we decluttered our home and you can too
© BBC News
BBC News

The Economics of Decluttering: Turn Clutter into Cash

Discover how decluttering is a key financial strategy. Learn to turn unwanted items into cash on resale markets and reduce long-term household costs.

  • Direct Monetization: The global resale market is booming. Platforms like eBay, Poshmark, Vinted, and Facebook Marketplace have empowered individuals to become micro-entrepreneurs. The global secondhand apparel market alone is projected to reach nearly $350 billion by 2028, according to industry analysis. This formalizes the process of selling everything from clothing and electronics to furniture and collectibles, turning dormant items into direct cash flow.
  • Tax Incentives: For items that cannot be sold, charitable donation provides another financial lever. In jurisdictions like the United States, donating goods to qualified non-profits can result in tax deductions. Professional organizers and financial advisors are increasingly guiding households on how to properly document these donations to maximize their tax benefits, effectively turning generosity into a financial strategy.
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Comac: The Chinese planemaker taking on Boeing and Airbus
© BBC Business (Finance)
BBC Business (Finance)

Comac: The Chinese planemaker taking on Boeing & Airbus

China's state-backed planemaker, Comac, is poised to challenge the Boeing and Airbus duopoly, signaling a potential shift in the global aircraft market.

  • LONDON – For decades, the commercial aviation skyline has been dominated by two giants: Boeing and Airbus. Now, a state-backed challenger from China is taxiing for takeoff, and some in the industry are watching with keen interest, signaling a potential tectonic shift in the multi-trillion-dollar global aircraft market.
  • Market Control: Boeing and Airbus collectively account for over 90% of the global large commercial jet fleet.
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Netflix struggles to defend Warner Bros merger at US Senate hearing
© BBC Business (Finance)
BBC Business (Finance)

Netflix Defends Warner Bros Merger at US Senate Hearing

Netflix executives face skeptical lawmakers at a US Senate hearing over their bid to acquire Warner Bros. Discovery amid growing antitrust and competition conce

  • BBC Business (Finance)
  • Key Concern: A combined entity would control a vast and irreplaceable library of intellectual property (IP), including Warner Bros.' DC Comics, Harry Potter, and Lord of the Rings franchises, alongside Netflix's extensive original programming.
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Politics

Political news and analysis

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Chris Mason: Mandelson revelations a scandal on another level
© BBC News
BBC News

Chris Mason: Mandelson revelations a scandal on another leve

A major scandal engulfs Lord Mandelson's US ambassador bid over undisclosed financial links to a sanctioned individual, raising national security questions.

  • LONDON – A political firestorm has engulfed Downing Street following a torrent of revelations concerning Lord Peter Mandelson's appointment to the post of UK Ambassador to the United States. The controversy, centred on undisclosed financial links to a sanctioned foreign national, has triggered a frantic damage control operation from the government and raised profound questions about the integrity of the nation's vetting procedures for its most sensitive diplomatic posts.
  • Undisclosed Consultancy Fees: Documents allegedly show a series of payments, totalling a seven-figure sum, made to a consulting firm linked to Lord Mandelson. These payments were for advisory services provided to the industrialist's holding company between 2019 and early 2022.
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Chris Mason: Mandelson revelations a scandal on another level
© BBC Politics
BBC Politics

Mandelson's China Links Spark UK National Security Scandal

A major scandal engulfs Lord Mandelson after leaked documents reveal financial ties to a Chinese-linked tech firm, derailing his appointment as UK ambassador to

  • LONDON – Downing Street is in full crisis-management mode, battling to contain the explosive fallout from a national security and appointments scandal engulfing Lord Peter Mandelson. A proactive and aggressive communications strategy has been deployed to counter what sources inside No. 10 describe as a "scandal on another level," following revelations about the peer's aborted appointment as the UK's ambassador to Washington.
  • Undisclosed Advisory Role: Leaked emails reportedly show Lord Mandelson held a paid advisory position with a subsidiary of InnovateAura from 2021 to late 2023, a role he allegedly failed to declare fully during the initial stages of the vetting process for the Washington post.
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Newspaper headlines: 'Cops probe Mandelson' and 'Princes of Darkness'
© BBC News
BBC News

Gordon Brown Escalates Mandelson-Epstein Scandal to Police

Former PM Gordon Brown refers Lord Mandelson to police over leaked emails with Jeffrey Epstein, escalating the political scandal and challenging the UK governme

  • LONDON – A simmering political scandal has erupted into a full-blown confrontation, with former Prime Minister Gordon Brown taking the extraordinary step of referring information about his former cabinet minister, Lord Peter Mandelson, to the police. The move, centered on leaked emails reportedly detailing Lord Mandelson's communications with the late convicted sex offender Jeffrey Epstein, directly challenges the UK's most senior civil servant and places immense pressure on the current government.
  • Police Referral: Mr. Brown has confirmed he passed what his office terms "relevant" information to the Metropolitan Police. This forces the police to assess the material and decide whether a formal criminal investigation into Lord Mandelson is warranted.
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Government pledges 10,000 new foster care places in England
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BBC News

UK Govt Pledges 10,000 New Foster Care Places in England

The UK government has announced a major overhaul of England's foster care system, pledging to create 10,000 new placements to address a critical carer shortage.

  • LONDON – The UK government has unveiled a landmark strategy aimed at fundamentally reshaping England's strained foster care system, pledging a major recruitment drive to create 10,000 new foster placements. The multi-faceted initiative represents a significant financial and strategic intervention designed to address a growing crisis in child social care, marked by a severe shortage of carers and spiralling costs for local authorities.
  • Record Numbers: The number of children in care in England has reached a record high, exceeding 83,000, with the majority (around 70%) living with foster families.
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Three quarters will survive cancer by 2035, government promises
© BBC News
BBC News

UK Pledges 75% Cancer Survival Rate by 2035

The UK government promises a "cancer moonshot" to ensure three-quarters of patients survive cancer by 2035, a goal dependent on improving early diagnosis.

  • London – The UK government has unveiled an ambitious and financially significant pledge: to ensure that three-quarters of individuals diagnosed with cancer will survive for at least ten years by 2035. This "cancer moonshot" represents a monumental public health objective, but one that hinges on overcoming a decade of stagnation in a critical area: early diagnosis.
  • Diagnostic Infrastructure Overhaul: The single largest cost will be upgrading and expanding the nation's diagnostic capacity. This includes funding for more MRI and CT scanners, building community diagnostic centres to reduce hospital pressure, and integrating cutting-edge technologies.
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Finance

Banking and investment news

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Welsh hospice services could reduce without more funding, charity says
© BBC News
BBC News

Welsh Hospice Funding Crisis Threatens End-of-Life Care

Hospice Cymru warns a £17M funding gap is creating a crisis for Welsh hospices, threatening a reduction in essential end-of-life and palliative care services.

  • LONDON – Wales's network of charitable hospices is facing an unprecedented financial crisis that could force a reduction in essential end-of-life care services, a leading sector body has warned. Mounting operational costs, stagnant government funding, and increased patient demand are creating a "perfect storm" that threatens the sustainability of palliative care for thousands of patients and their families across the nation.
  • Soaring Operational Costs: Like many sectors, hospices have been hit by double-digit inflation in energy bills, medical supplies, and food. Furthermore, the need to offer competitive wages to retain highly skilled nursing and care staff has significantly increased payroll expenses.
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BP (BP) Advances While Market Declines: Some Information for Investors
© Yahoo Finance
Yahoo Finance

BP Stock (BP) Rises Amid Market Decline for Investors

BP (BP) stock gained nearly 3% as the broader market fell. Is this a sign of sector strength and a buying opportunity? We analyze the data for investors.

  • LONDON – In a session marked by a broad market retreat, shares of energy giant BP plc (BP) charted a decidedly different course, posting significant gains and drawing the attention of investors. The company’s stock demonstrated notable resilience, a move that stands in stark contrast not only to major indices but also to some of the underlying cautionary signals in its own financial forecasts.
  • BP's Performance: The stock concluded the trading session at $38.82, marking a robust gain of +2.97% from the previous day's close.
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HP (HPQ) Falls More Steeply Than Broader Market: What Investors Need to Know
© Yahoo Finance
Yahoo Finance

HPQ Stock Falls Sharply: What HP Investors Need to Know

HP Inc. (HPQ) stock sees a steep loss, underperforming the S&P 500. Discover why investors are concerned ahead of the company's crucial earnings report.

  • NEW YORK – Shares of technology stalwart HP Inc. (HPQ) took a significant downturn in the latest trading session, closing at $19.00 for a steep 4.09% loss. The decline starkly outpaced the broader market's modest pullback, signaling heightened investor apprehension surrounding the personal computer and printer giant ahead of its crucial earnings report. This move underscores a pattern of underperformance and growing concerns about the company's near-term trajectory.
  • One-Month View: Over the past month, HP shares have plummeted 8.54%. This decline occurred during a period when the broader S&P 500 gained 1.8% and the Computer and Technology sector, HP's home turf, advanced by 1.75%. This divergence highlights a clear loss of investor confidence specific to HP.
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Why the Market Dipped But Kroger (KR) Gained Today
© Yahoo Finance
Yahoo Finance

Why the Market Dipped But Kroger (KR) Stock Gained

Kroger (KR) stock rose despite a broad market downturn, showing its strength as a defensive stock. Learn why investors are flocking to KR ahead of earnings.

  • NEW YORK – In a session marked by broad-based declines across major indices, supermarket giant Kroger (KR) demonstrated notable resilience, closing in positive territory and bucking the negative market sentiment. The divergence highlights the defensive nature of grocery retailers and puts a spotlight on the company's underlying fundamentals ahead of its next earnings report.
  • Earnings Per Share (EPS) Growth: The consensus projection for Kroger's quarterly EPS is $1.20. If realized, this would mark a 5.26% increase from the same quarter last year, indicating that the company is successfully growing its bottom-line profitability.
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Fiverr International (FVRR) Suffers a Larger Drop Than the General Market: Key Insights
© Yahoo Finance
Yahoo Finance

Fiverr (FVRR) Stock Drops More Than Market: Key Insights

Fiverr (FVRR) stock experienced a significant 5% decline, sharply outpacing the broader market's downturn. Learn why investors are concerned ahead of earnings.

  • NEW YORK – Shares of freelance marketplace Fiverr International (FVRR) took a significant hit in the latest trading session, closing down more than 5% in a move that starkly outpaced the broader market's downturn. The sell-off extends a period of pronounced weakness for the stock, placing intense focus on the company's forthcoming earnings report as a critical test of its financial health and strategic direction.
  • Fiverr's Performance: The stock's 5.03% decline was a standout move, indicating a bearish sentiment among traders.
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