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Business Jun 05, 2026

Asda Chair Allan Leighton Defies Critics with Turnaround Strategy Against Aldi Threat

Veteran retail boss Allan Leighton is leading Asda's second turnaround in his career, implementing …
The Asda Turnaround Challenge"It's not bloody inevitable," that Asda will be overtaken by Aldi as the UK's third biggest supermarket, roars Allan Leighton, the veteran retail boss who returned to lead the business after 20 years in November 2024. Leighton is attempting to defy the critics and revive Asda for the second time in his career, despite grocery sales and market share continuing to fall according to industry data.The Market Position and Aldi ThreatWith 580 supermarkets, 517 convenience stores and four stand-alone George outlets, Asda faces significant challenges. In terms of market share, its rival Aldi is now less than one percentage point away from overtaking Asda, where sales and profits have dived since a debt-fuelled £6.8bn takeover in early 2021 by Blackburn's billionaire Issa brothers and the private equity company TDR Capital.The Technology TransformationLeighton admits that "Project Future" – the transfer of Asda's technology from former owner Walmart's systems to its own at an estimated cost of close to £1bn – left gaps on shelves and put plans six months behind schedule. The IT is now "stable," he says, with only smaller jobs to do, availability has improved dramatically and a new deal with Ocado will help modernize Asda's online business from next year.The Competitive Differentiation Strategy"We are more than a supermarket. Everybody thinks we are a supermarket, we are not. Almost 50% of our business does not come from food," Leighton emphasizes. He argues that where Asda can win is through its scale in clothing and general merchandise, which competitors cannot match. "Nobody else can do things the way we do it. We are trying to accentuate that," he says.The Four Pillars of Asda's FutureAsda has four cornerstones according to Leighton – superstores, the George brand, fuel and convenience stores, with online being the future. "We can be the online discounter," he states. Rejecting speculation about selling Asda's Express convenience store chain or merging with Sainsbury's or Morrisons, Leighton focuses on "just be better today than we were yesterday." He claims prices are now between 4% and 7% cheaper than other traditional supermarkets – Tesco, Sainsbury's and Morrisons.The Consumer and Economic ChallengesLeighton acknowledges that "the consumer's confidence is shot" and inflation on food is building again. "We've seen bits of it beginning to come through now," he says. All retailers are under pressure from rising labour, energy and regulatory costs as well as a squeeze on household spare cash. However, Leighton remains optimistic: "If we get it right, then we've got more ammo than anybody else."
#Asda #Allan Leighton #Aldi
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Politics Jun 05, 2026

UK-EU Reset Summit: Navigating the Youth Mobility Deadlock

The UK and EU are racing against time to finalize a 'reset' summit in July, but a deadlock over the…
The Stalled 'Reset' and the July DeadlineThe UK-EU relationship is at a critical juncture as the second 'reset' summit since Brexit faces potential delays. Originally penciled in for June 29, the date has tentatively shifted to July 13, though diplomatic sources suggest it could be pushed back to the autumn. The primary concern among EU officials is the loss of momentum; without a hard deadline, the pressure to finalize agreements diminishes, leading to a negotiation style where deals are often struck only at the last minute.The Youth Mobility Scheme as the Critical Friction PointThe central obstacle to the summit is the deadlock over the Youth Mobility Scheme, which allows under-30s to travel and work in the partner country. The disagreement is structural: the EU insists that its citizens studying in the UK under this scheme must pay 'home' tuition fees, while the UK government is pushing to cap the annual number of EU citizens at between 40,000 and 50,000.EU Position: The scheme is viewed as an investment in the future, with 20 out of 27 EU ministers emphasizing its importance during recent talks.UK Position: Business Secretary Peter Kyle argues that any deal must be 'respectful' of both sides, specifically noting the need to address British voters' concerns regarding migration.The Strategic Value of Youth MobilityBeyond the immediate trade friction, the youth mobility scheme represents a soft-power asset for the EU. EU Trade Commissioner Maroš Šefčovič highlighted its personal and political significance, noting that his own daughter studied in the UK and speaks with a British accent. This personal investment reflects a broader European desire to maintain cultural and educational ties, making the scheme a 'red line' for EU leaders who view it as essential for future cooperation.Future Outlook: The Risk of a Delayed SummitThe biggest risk to the July summit is the lack of transparency and a defined timeline. EU diplomats have expressed frustration that the UK's vision remains unclear, making it difficult to expedite a deal. However, both sides remain optimistic. Kyle described his recent meeting with Šefčovič as 'positive' and full of 'hope and optimism.' The success of this summit will likely depend on whether the UK can demonstrate that the EU delivers tangible benefits to British citizens, thereby winning over public opinion while navigating the tightrope of migration policy.
#Keir Starmer #Maroš Šefčovič #Brexit
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Sports Jun 05, 2026

Celtic Fans Rally Against Robbie Keane’s Potential Managerial Return Over Israel Ties

Pro‑Palestinian Celtic supporters have staged protests and displayed banners opposing the appointme…
Celtic’s leading managerial candidate, former Irish striker Robbie Keane, faces fierce opposition from the club’s pro‑Palestinian supporters after his recent stint with Israeli side Maccabi Tel Aviv, raising questions about the club’s next appointment.Keane’s Israeli Tenure Sparks Pro‑Palestinian ProtestsFans have unfurled Palestinian flags at matches throughout the Gaza conflict and now display graffiti and banners outside Celtic Park in Glasgow demanding the club reject Keane’s appointment. A statement from a group called Celtic Fans for the Liberation of Palestine warned that hiring Keane “would be deeply divisive among the support”. The statement was endorsed by 67 fan groups listed by the “North Curve Celtic” X account.Numbers Behind the Backlash67 fan groups publicly endorsed the anti‑Keane statement.45‑year‑old Robbie Keane was appointed by Maccabi Tel Aviv in June 2023, before the Oct. 7 Hamas attacks.During his tenure he guided Maccabi to a league‑and‑cup double before resigning in 2024.Keane moved to Hungarian side Ferencváros in 2025.Potential Fallout for Celtic’s Brand and Community RelationsCeltic’s identity is rooted in a historic solidarity with oppressed peoples, a narrative reinforced by the club’s Irish‑immigrant origins. The current controversy threatens to split the fan base, pressure the board to reconsider the appointment, and could affect sponsorships and community outreach programs that rely on the club’s reputation for social activism.What the Next Weeks Could Hold for the Managerial RaceReports indicate that club principal shareholder Dermot Desmond is in talks with Keane, while interim boss Martin O’Neill, 74, recently secured the Scottish Premiership title and Scottish Cup. The board must balance sporting ambition with fan sentiment, and a decision—whether to proceed with Keane, retain O’Neill, or explore other candidates—will likely be announced before the pre‑season training window opens in July.
#Celtic #Robbie Keane #Maccabi Tel Aviv
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Sports Jun 05, 2026

Iran Footballers Submit Passports to US Embassy for World Cup Visas

Iran's national football team has submitted their passports to the US embassy in Turkey for World C…
The Lead: Iran's World Cup Participation Hinges on US Visa ApprovalIran's football squad, whose participation in the upcoming World Cup remains uncertain, have handed their passports to the United States embassy in Turkiye for visa processing, according to the head of their football federation. This development comes amid ongoing geopolitical tensions between the two nations.The Visa Process: FIFA's Instructions and Iranian Federation's ResponseMehdi Taj, head of Iran's football federation, confirmed on Friday that the team was following instructions from FIFA, world football's governing body. "Yesterday, I had discussions with FIFA regarding the US visas," Taj stated. "We were told to submit all passports to the US embassy in Ankara."The Iranian federation has "raised certain points and requests," with Taj noting that "if they [the Americans] do not issue visas for the players, some members of our technical staff, and other sections of our delegation, we may make other decisions." Despite these concerns, Taj expressed optimism: "My assessment is that all visas will be issued in full, and there most likely will not be any problem in this regard."The Tournament Schedule: US-Based Matches and RelocationThe Iranian team is scheduled to fly from Turkiye to Spain on Saturday before traveling to their base camp in Mexico, which has already issued visas to the squad. Their World Cup base was relocated from Tucson, Arizona to Tijuana, Mexico, likely due to visa uncertainties.Iran's three group matches are all in the US: they open against New Zealand on June 15 and Belgium on June 21 in Los Angeles, before facing Egypt on June 27 in Seattle. The team recently beat Mali 2-0 in their final friendly before the World Cup, showing good preparation for the tournament.The Geopolitical Context: Iran-US Relations and World Cup ImplicationsThe visa situation occurs as Iran and the US remain locked in negotiations to end the Middle East war that began in February with massive US and Israeli strikes on the Islamic republic. The team's ability to participate in the tournament is directly affected by these complex diplomatic relations."We are waiting to see what happens today or, at the latest, tomorrow, because our national team needs to receive these passports and travel with them to Tijuana," Taj explained, highlighting the time-sensitive nature of the visa approval process.
#Iran #FIFA #World Cup
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Tech Jun 05, 2026

AirTrunk to Invest $30B in 5GW AI Data Centers in India by 2030

AirTrunk, backed by Blackstone, commits $30 billion to develop 5GW of AI data center capacity in In…
AirTrunk's Massive Investment in Indian Data Centers Blackstone-backed data center operator AirTrunk has announced plans to invest $30 billion in India by 2030, adding to the growing wave of commitments from technology and infrastructure groups seeking to expand computing capacity in the country. Developing 5GW of New Data Center Capacity The Australian company will develop 5 gigawatts of new data center capacity in India, one of the largest commitments to the South Asian nation’s digital infrastructure sector. AirTrunk entered India earlier this year through the acquisition of Lumina CloudInfra. The Growing Appeal of India for AI Infrastructure AirTrunk’s commitment underlines India’s growing appeal as a destination for AI infrastructure, as tech companies and investors seek new geographies to expand computing capacity. Data center capacity in the country is projected to rise to as much as 8GW by 2030 from about 1.5GW today, according to research firm Bernstein. Government Support and Investment Incentives The Indian government has taken steps to attract investment in AI infrastructure, including offering foreign cloud providers tax exemptions through 2047 on services sold overseas if those workloads are run from Indian data centers. Expansion Plans and Development Pipeline AirTrunk has already begun laying the groundwork for its expansion in the country, with a letter of intent for land allotment at the Raigad Pen Growth Center in Maharashtra for a 3GW data center involving an investment of about ₹2 trillion (around $21 billion). The company already has a development pipeline of about 600MW across Mumbai, Chennai, and Hyderabad. Joining the Growing List of Investors AirTrunk joins a growing list of companies investing in infrastructure in the country, including Amazon, Google, Microsoft, OpenAI, Uber, Reliance Industries, Adani Group, and TCS. Challenges and Opportunities However, data centers require vast amounts of electricity, water, and land, and industry executives and analysts have pointed to resource issues as a potential bottleneck, particularly regarding power. Deloitte estimates data center build-outs in the Asia Pacific region could require tens of terawatt-hours of additional electricity by the end of the decade. Investment Thesis and Future Outlook AirTrunk’s investment thesis is underpinned by government support, a large pool of technical talent, and access to renewable energy, according to CEO Robin Khuda.
#AirTrunk #India #AI data centers
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Economy Jun 05, 2026

US May Job Growth Beats Forecasts, Signaling Labor Market Resilience

The U.S. added 172,000 jobs in May and kept the unemployment rate at 4.3%, far outpacing economists…
May Job Gains Outpace Forecasts Amid Inflation ConcernsThe Labor Department reported that 172,000 jobs were added in May, while the unemployment rate held steady at 4.3%. Economists had expected roughly 80,000 new positions, making the actual figure more than double the projection.Numbers Reveal Strong Hiring and Revised FiguresMay: 172,000 jobs added (vs. 80,000 forecast)March and April revisions: +29,000 and +64,000 jobs respectively, a total upward adjustment of 93,000Private‑sector hiring: 122,000 jobs (ADP data)April job openings: 7.6 millionADP’s chief economist Dr. Nela Richardson noted the hiring was “more broad‑based” than in recent years, with most industries participating except information and natural resources.Implications for Federal Reserve Policy and Economic OutlookThe report is the first jobs release under new Fed Chair Kevin Warsh, appointed by President Trump. A robust labor market reduces the urgency for rate cuts, yet the Fed faces pressure to balance inflation, which remains elevated, against growth.U.S. Treasury Secretary Scott Bessent signaled confidence in Chair Warsh’s willingness to “balance inflation and growth.” However, Fed voting members have historically been reluctant to lower rates; only one member supported a cut at the April meeting.What the Labor Market May Look Like Through SummerAnalysts expect the Fed to keep rates unchanged at the June 16‑17 meeting, but political pressure for cuts persists. If hiring momentum continues, the Fed could maintain a tighter stance longer, potentially moderating inflation without triggering a recession.
#United States #Bureau of Labor Statistics #Kevin Warsh
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World Wide Jun 05, 2026

Hamas Refuses to Surrender Arms, Proposes Long-Term Truce in Gaza

Hamas has stated that it will not hand over its weapons, but proposes a long-term truce in Gaza whe…
The Stance of Hamas on Disarmament Hamas has announced that it will not surrender its arms, resisting ongoing disarmament demands. The group stated that the ultimate fate of its military arsenal will be decided following comprehensive discussions with other Palestinian factions. The Proposal for a Long-Term Hudna In an exclusive interview with Al Jazeera, Husam Badran, a member of the Hamas political bureau, introduced the concept of a long-term hudna (truce). He stated that when the Palestinian committee comes to take over the Gaza Strip, there will be no visible weapons in the streets and alleys of Gaza except the official weapons belonging to the Palestinian police. The Cairo Talks and Factional Consensus The upcoming Cairo meetings will gather eight key Palestinian factions to form a unified national stance. The talks aim to salvage the ceasefire originally proposed by United States President Donald Trump. However, Badran noted that Israel has failed to implement even 30 percent of its phase one obligations, making any transition to subsequent phases impossible. The Disarmament Deadlock While Palestinian factions demand the fulfilment of phase one survival metrics, Israeli officials and Nickolay Mladenov, the high representative for Gaza on Trump’s “Board of Peace”, are conditioning the transition to phase two on the disarmament of armed groups. Mladenov recently presented a 15-point “roadmap” built by the ceasefire guarantors. Negotiation Time and Israeli Expansion Palestinians view this 15-point framework as a stalling tactic designed to extract concessions while Israel deepens its occupation. Palestinian political analyst Wissam Afifa told Al Jazeera that Israel is exploiting “negotiation time” to exhaust the population through continuous escalation.
#Hamas #Gaza #Palestinian
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Sports Jun 05, 2026

Scotland's Steve Clarke Secures Four-Year Extension Amid World Cup Ambitions

Scotland manager Steve Clarke has signed a four-year contract extension, securing his position unti…
Clarke's Contract Extension: A Calculated Risk or Strategic Masterstroke? The summit of Scottish football provides a wonderful environment for those who value long-term career stops. Neil Doncaster, chief executive of the Scottish Professional Football League, arrived at the then Scottish Premier League in 2009. Ian Maxwell, bizarrely headhunted from relegation-bound Partick Thistle, has been the Scottish Football Association's chief executive since 2018. Scot Gemmill's tenure as the nation's under-21 manager has lasted a decade despite underwhelming results. Glass half full or half empty; either this is a domain that delivers admirable continuity or one in which no one makes sufficient progress to appeal to those in bigger ponds. The Extension and Its Timing Amidst Controversy Against this backdrop, Steve Clarke's four-year extension as Scotland manager is really no surprise. "It's pretty staggering for anyone to say that giving him a new contract is a gamble," said Maxwell. The Scottish FA's president, Mike Mulraney, delivered standard bluster when assessing the deal. "I don't need other people to vindicate my decision," insisted Mulraney. Maxwell and Mulraney lauded Clarke before Scotland toiled at Euro 2024. All three were nowhere to be seen, with no explanations offered, as a footballing nation recoiled with anger at the manner of the team's tournament exit. The Scottish FA has never given the sense of being anything other than beholden to Clarke, or that it is the manager himself who determines his own future. Despite sentiment to the contrary, affording Clarke fresh terms immediately before the World Cup was a bold – and dangerous – call. It at least leaves the impression that finals performance does not matter when, in this one, it absolutely does. The rush to disregard that obvious fact is curious. If Clarke's qualification record was sufficient to earn him a new contract, it should have been actioned immediately after the extraordinary victory over Denmark that secured a World Cup berth. Instead, the topic disappeared until Clarke made plain before March's friendlies that he was uncomfortable with his contractual position. Scotland's Tournament Record Under Clarke The 62-year-old had earlier seemed content to leave after the World Cup until a change of heart that will, in theory, take his reign to 11 years. Cynics may suggest Clarke and his paymasters deduced it will be far more difficult for Scotland not to qualify for Euro 2028 – for which they are a host nation – than to feature in the event. The manager has doubled his salary by way of bonus each time Scotland exited a qualifying phase. Clarke has been a superb Scotland manager. He has massively enhanced standards and attitudes. Three tournament qualifications in four attempts have arrived in different ways, which point towards a multi-dimensional coach. In the past two years Clarke has been more hands-on than ever on the training ground with players responding exceptionally well. Scotland's World Cup Hopes and Managerial Strategy Scotland's World Cup, their bid to make history, essentially boils down to their opening Group C game. Comprehensive victory against Haiti would almost certainly be enough to seal a knockout berth for the first time. Anything else and the situation will feel immediately grim, with Morocco and Brazil lying in wait. Haiti turned heads with a 4-0 dismissal of New Zealand on Wednesday. Still, they are ranked outside the world's top 80 national teams, with their World Cup absence since 1974 making Scotland's 28-year wait appear brief. There will be no excuse for Scotland, armed with five-star facilities, a small army of staff and a playing contingent for whom this World Cup arrives in a career sweet spot, not seizing this moment. Scotland are a decent team rather than an excellent one and the next step on their World Cup journey comes with Saturday evening's warm-up against Bolivia in New Jersey. That night against Denmark was highly rare in that it dipped into the spectacular. Other sides of the same ilk – Australia, the USA, Denmark and Algeria – have progressed from groups in recent World Cup finals. It is apt for the Tartan Army to celebrate their return to this environment but that should not overshadow a serious competitive goal, to show they have learned from shortcomings in 2021 and 2024. What's Next for Scottish Football Post-World Cup? Clarke shot a glance towards the future by involving Tyler Fletcher in his World Cup squad. The Manchester United midfielder has a far higher ceiling than those he edged out for a seat on the plane. Lennon Miller will feel hard done by but the Udinese midfielder, once lauded in Scotland's top flight, can appear one-paced in elite company. Fletcher is precisely the player Scotland can build a future team around. This was an astute Clarke move. So, too, was penning his latest contract; no wonder Scotland's manager looks in high spirits. Whenever he does leave, the challenge will be to fund a coach who Scotland's squad hold in similar esteem. That successor is not readily identifiable, which gives the Scottish FA a slight pass when it comes to sticking to who they know. The narrow-minded obsession with a Scot in the dugout limits their options. Berti Vogts was a long time ago. It would have been judicious for the Scottish FA to wait and see how the World Cup plays out. The standing of managers is a movable feast, rather that one based on guarantees because of prior achievement. If there is trauma, those Scottish FA officials will be in an invidious position. It leaves the rest wonder why on earth they flirted with such needless risk.
#Steve Clarke #Scotland football #World Cup 2026
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Sports Jun 05, 2026

Graham Potter’s Swedish Turn: From Club Setbacks to World‑Cup Revival

Graham Potter looks back on his brief, turbulent spells at Chelsea and West Ham before guiding Swed…
The Rollercoaster of Graham Potter’s Managerial CareerIn a candid interview, the 51‑year‑old English coach admits that “you’ve got to face the bad stuff” after a series of highs and lows that saw him leave Brighton’s stability, endure a seven‑month stint at Chelsea, and later struggle at West Ham before finding a new purpose with the Sweden national team. From Brighton Stability to Chelsea’s Short‑Lived TenurePotter departed the comfort of Brighton in September 2022 to take over at Chelsea. The move lasted only seven months, ending in a mutual parting as the club failed to meet expectations. West Ham Struggles: Six Wins from Twenty‑Five MatchesGames managed: 25Victories: 6Result: Dismissed in September 2025 after a poor start to the seasonThe spell at West Ham was described by Potter as “lost in dysfunction”, with the team unable to translate his ideas into results. Sweden’s World‑Cup Revival Under Potter’s Swedish‑Style EthosAfter his club setbacks, Potter accepted a short‑term role with Sweden in October 2025. The team, previously stuck in a “doldrums” qualifying group, earned a playoff spot via Nations League performance. Key moments included:Viktor Gyökeres’ hat‑trick in the 3‑1 semi‑final win over UkraineGyökeres’ 88th‑minute winner in the 3‑2 playoff final against PolandThese victories secured Sweden’s place at the 2026 World Cup, and Potter’s contract was subsequently extended to 2030. He says he “feels very Swedish” and notes that two of his children were born in Sweden. Looking Ahead: Potter’s Contract to 2030 and Sweden’s Group‑F ChallengeSweden will open the tournament against Tunisia in Monterrey on 14 June 2026, then face Japan, the Netherlands and Tunisia in Group F. Potter highlights the importance of set‑pieces and squad harmony, especially with key players like Alexander Isak and Gyökeres available, while coping with the injury to Dejan Kulusevski.With a contract secured until 2030, Potter’s “Swedish” methodology will be tested on football’s biggest stage, offering a chance to rewrite his managerial narrative after the club disappointments.
#Graham Potter #Sweden national team #2026 World Cup
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