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Business Mar 31, 2026

Unilever’s $44.8 bn Food Merger with McCormick Triggers 7% Share‑price Fall

Unilever is merging its $12 bn food arm with US condiment maker McCormick in a $44.8 bn deal that p…
Unilever’s latest strategic move pairs its food portfolio – home to brands such as Hellmann’s, Knorr and Marmite – with US condiment specialist McCormick in a deal valued at $44.8 bn. While the transaction will deliver $15.7 bn in cash to Unilever, the bulk of the consideration is equity‑based, giving Unilever shareholders a 55% stake in the enlarged McCormick and leaving Unilever itself with a modest 10% holding. The structure marks a departure from Unilever’s recent clean‑break divestitures, such as the outright sales of its Flora spreads and Lipton tea businesses and the spin‑off of its ice‑cream division (including Ben & Jerry’s) last year. Instead, investors now face a complex share‑exchange that ties their fortunes to a company that will assume significant debt to fund the acquisition. CEO Fernando Fernández framed the transaction as “another decisive step in sharpening our portfolio”, yet market reaction was swift: Unilever’s share price slid 7% on the announcement. The decline underscores investor scepticism that the merger will unlock genuine value. From a financial perspective, Unilever’s food arm contributes annual sales of $12 bn – outpacing McCormick’s $8 bn – and enjoys higher growth (2.7% vs 2%) and superior margins (24% vs 17%). These metrics suggest Unilever could have retained a more profitable segment rather than ceding control to a partner with weaker performance indicators. Critics argue that the combined entity will be a sprawling conglomerate of global powerhouses like Hellmann’s and Knorr alongside niche brands such as French’s mustard and Old Bay seasoning. The anticipated synergies, described by McCormick’s Brendan Foley as “maximal adjacency” and “end‑to‑end flavour experiences”, remain unproven, especially given the modest cash component and the dilution of Unilever’s ownership. Ultimately, the success of the merger hinges on whether the new food business can generate growth that justifies the equity swap and the added debt burden. For now, the market’s 7% share‑price dip reflects a cautious outlook on the promised “trapped value” that Unilever hopes to unlock.
#Unilever #McCormick #Food Merger
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Music Mar 31, 2026

Rare Bob Dylan Lyrics Discovered in Allen Ginsberg Book

A draft of Bob Dylan's lyrics for 'I'm Not There' has been discovered inside a first-edition paperb…
A remarkable discovery has been made in the world of music memorabilia. A torn page of lined paper bearing a draft of Bob Dylan's lyrics for 'I'm Not There' has been found tucked inside a first-edition paperback of Allen Ginsberg's 'Ankor Wat'. This extremely rare document is a significant find for Dylan collectors and fans. The draft lyrics were written almost 60 years ago, during the summer of 1967 in New York, when Dylan and his backing group The Band were prolific in their songwriting. 'I'm Not There' is considered one of Dylan's greatest songs and was finally released as part of the soundtrack for the 2007 film of the same name. The book in which the lyrics were discovered was owned by Sally Grossman, the wife of Dylan's first manager Albert Grossman and a close friend of the singer. It was gifted to her by Ginsberg himself in 1969 and remained in her estate until her death in 2021. The auction for the lyrics is set to take place in April, with an estimated value of £20,000-£40,000 (approximately $26,400-$52,800). This find is a significant addition to the world of music memorabilia, highlighting the enduring legacy of Bob Dylan and Allen Ginsberg.
#dylan #lyrics #book
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News Mar 27, 2026

From Rap Lyrics to Prime Minister: Balen Shah Leads Nepal After Youth Revolution

Nepal's youngest prime minister, rapper-turned-politician Balen Shah, has been sworn in following h…
Balendra Shah, Nepal's youngest prime minister, has been officially sworn in following his party's decisive election victory that came after months of youth-led protests which resulted in the government's collapse in September.The rapper-turned-politician was appointed prime minister by President Ram Chandra Paudel on Friday, after his three-year-old Rastriya Swatantra Party (RSP) secured 182 seats in the 275-member parliament during the March 5 election. This vote marked Nepal's first election since the anticorruption Gen Z-led demonstrations that tragically claimed 76 lives.The 35-year-old leader made a distinctive appearance during his swearing-in ceremony at the President House, wearing black trousers, a matching jacket, his signature black Nepali cloth cap, and sunglasses, in the presence of diplomats and senior government officials.A day prior to his formal appointment, the new premier, better known as Balen, released his first public statement since the historic election through a rap song shared on social media platforms. Titled Jay Mahakaali (Victory to Goddess Mahakali), the song features lyrics such as 'Nepal is not scared this time, the heart is full of red blood … Laughter and happiness will reach every household this time.' The accompanying music video, showcasing large crowds cheering during his campaign, has garnered nearly three million views.'The strength of unity is my national power,' Shah raps in the track that emphasizes his political message of national cohesion.A former mayor of Kathmandu, Shah holds the distinction of being Nepal's first Madhesi premier – representing people from the southern plains bordering India – to lead the Himalayan nation.China extended its official congratulations to Nepal on Shah's swearing-in, with the Chinese Ministry of Foreign Affairs expressing support for its Himalayan neighbor in safeguarding its independence, sovereignty and territorial integrity.The political transition follows months of protests driven by widespread discontent over unemployment and systemic corruption in the nation of 30 million people. Approximately one-fifth of Nepal's population lives in poverty, with an estimated 1,500 citizens leaving the country daily for work abroad.Although Shah did not directly participate in the demonstrations, he publicly expressed solidarity with the largely Generation Z protesters who spearheaded the movement that brought down the previous administration.Political instability has long plagued Nepal, with 32 governments taking office since 1990, none of which have completed a full five-year term. The Nepali Congress party, the country's oldest political organization, secured only 38 seats in the recent election, placing it a distant second. The Communist Party of Nepal (Unified Marxist-Leninist) of KP Sharma Oli, who resigned following the Gen Z unrest, now controls 25 parliamentary seats.Former Chief Justice Sushila Karki had been leading the nation through the interim period preceding the parliamentary election that brought Shah to power.
#nepal #shah #his
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Politics Mar 27, 2026

UK Vows to Crack Down on Social Media Addiction in Children

The UK government has introduced new guidelines to limit children's screen time and is considering …
UK Prime Minister Keir Starmer has pledged to take on social media companies in a bid to protect children from addiction, as new guidelines recommend limiting screen time for children under five to no more than an hour a day. The guidelines, developed by a panel led by the children's commissioner, Rachel de Souza, and children's health expert Prof Russell Viner, advise that children under two should avoid screen time except for shared activities. Ministers are also exploring Australia-style measures to limit or ban social media for under-16s, as part of a broader effort to regulate social media companies and protect children. Starmer emphasized that regulating social media companies will require a 'fight' to ensure they do not prioritize profits over children's well-being. 'Some of this will require a fight,' he said. 'If we're going to do more to protect children, we're going to have to fight some of the platforms that are putting the material up there because they're putting this addictive stuff up there for a reason.' The guidelines advise families to avoid fast-paced social media-style videos and toys or tools that use artificial intelligence for children aged two to five. They also recommend screen-free bedtimes and mealtimes, and encourage shared screen activities like video calling or looking through photos together. According to the government, about 98% of children watch screens daily by the age of two. Infants with high screen time are less likely to be read to or go on outdoor trips, which can impact language development. Experts have welcomed the guidelines, with Dr. Mike McKean, vice-president for policy at the Royal College of Paediatrics and Child Health, saying they will help parents protect 'short, but developmentally crucial early years.'
#UK Government #Ofcom #TikTok
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Entertainment Mar 26, 2026

Brendan Gleeson Wins Best Actor at Critics' Circle Theatre Awards for 'The Weir'

Brendan Gleeson has won the best actor award at the Critics' Circle theatre awards for his role in …
Brendan Gleeson has been named best actor at the Critics' Circle theatre awards for his West End debut in Conor McPherson's pub drama The Weir. He beat fellow nominees including Bryan Cranston and Paapa Essiedu, both recognised for All My Sons, and James Hameed and Arti Shah, the duo who together portray Paddington in the new musical about Michael Bond's bear.The Weir, directed by McPherson, was entirely omitted from the nominations for this year's Olivier awards and is being turned into a film with Gleeson and the rest of the West End cast.All My Sons, a critically adored production of Arthur Miller's 1946 classic at Wyndham's theatre, won in two categories at the Critics' Circle awards: best revival of a play or musical and best director for Ivo van Hove. A new production of Stephen Sondheim and James Lapine's Into the Woods, directed by Jordan Fein at the Bridge theatre, also won two prizes – best designer (Tom Scutt) and the inaugural award for best ensemble or cast.The winners, voted for by professional theatre critics, were revealed at a ceremony at the National Theatre in London on Thursday. Paddington: The Musical, with music and lyrics by Tom Fletcher and book by Jessica Swale, won best new musical. James Graham's Punch, based on the real story of a fatal blow, received the Michael Billington award for best new play (named in 2019 in honour of the Guardian's theatre critic after he stepped down from reviewing). Ava Pickett won most promising playwright for her Tudor drama 1536, which was staged at the Almeida theatre in London in 2025, transfers to the West End in May and is being turned into a BBC drama series.Rosamund Pike saw off competition from Kate Fleetwood (Into the Woods), Marianne Jean-Baptiste (All My Sons) and Rachel Zegler (Evita) to win best actress for her acclaimed performance as a judge in Suzie Miller's Inter Alia. Ruby Ashbourne Serkis was named most promising newcomer for her performance in a revival of Tom Stoppard's Indian Ink which opened at Hampstead theatre days after the revered playwright's death. The award for best Shakespearean performance went to Hayley Atwell for her Beatrice (alongside Tom Hiddleston, nominated for the same prize, as Benedick) in Much Ado About Nothing at Theatre Royal Drury Lane.
#Brendan Gleeson #Critics' Circle Theatre Awards #The Weir
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Entertainment Mar 26, 2026

AI Actor Creator Tilly Norwood Receives Death Threats Amid Backlash

The creator of AI actor Tilly Norwood, Eline van der Velden, faced a severe backlash, including dea…
The creator of the AI actor Tilly Norwood, Eline van der Velden, has revealed that she received death threats following a global backlash against her project. Van der Velden developed Tilly Norwood to spark conversation about the role of AI in the entertainment industry.Van der Velden's AI creation, Tilly Norwood, gained significant attention last year when she announced that talent agents were interested in signing the AI actor. This led to widespread condemnation from prominent actors and acting unions, including Melissa Barrera, Mara Wilson, and Ralph Ineson, as well as Sag-Aftra and Equity.In an interview with the Guardian, Van der Velden expressed her surprise at the intensity of the backlash, stating, “The death threats and the hate … my goodness, loads,” she said. Despite the negative reaction, Van der Velden remains committed to her vision of integrating AI into the entertainment industry.Van der Velden founded Particle6 and its AI arm, Xicoia, and debuted Norwood in a short comedy sketch called AI Commissioner last autumn. Norwood has gained a significant following, with 141,000 followers on Instagram.Van der Velden believes that AI actors like Norwood could be beneficial for some performers, allowing them to maintain anonymity while still engaging in acting. She noted, “I think it’s great for some actors, it might actually be a blessing that they can have a digital twin,” emphasizing that fame can be burdensome.Van der Velden continues to advocate for the use of AI in entertainment, highlighting its potential to offer actors more creative freedom. She has now featured Norwood in a new music video, with lyrics written by an AI chatbot, and controls Norwood’s avatar using motion capture techniques.
#Tilly Norwood #Eline van der Velden #AI actor
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Tech Mar 25, 2026

Apple Overhauls App Developer Platform with 100 New Metrics and Advanced Tools

Apple has significantly updated its App Store Connect service with over 100 new metrics and tools t…
The App Store Connect Transformation Apple has announced a significant update to its App Store Connect service, introducing over 100 new metrics and tools designed to help developers better understand and optimize their apps' performance across Apple's platforms. This overhaul comes at a critical time as the tech industry debates the future of app stores in the age of artificial intelligence. Expanded Metrics and Data Insights The updated App Store Connect now provides developers with comprehensive metrics across key areas including monetization, subscription data, and in-app purchase performance. Unlike third-party services that offer estimated data, Apple's metrics are based directly on the company's own data, providing more accurate insights into app performance. Among the new features are subscription reports that can be exported via an API, enabling developers to analyze their apps' performance offline or integrate Apple's data into their own systems. Developers can now gain deeper understanding of their users by analyzing behavior around download dates, sources, offer start dates, and other key engagement metrics. Competitive Analysis and Benchmarking Apple has introduced peer group benchmarks that allow developers to compare their performance against competitors in critical areas like download-to-paid conversions and proceeds per download. This feature provides valuable context for developers to assess their market position and identify opportunities for improvement. Apple emphasizes that it uses aggregated cohort data and differential privacy techniques to protect both user privacy and individual developer performance data, ensuring that insights can be gained without compromising sensitive information. Enhanced Data Filtering and Analytics Guide Developers can now apply up to seven filters simultaneously when viewing metrics in App Store Connect, allowing for more granular analysis of their app data. This enhanced filtering capability enables deeper dives into specific aspects of app performance. To support developers in making data-driven decisions, Apple has published a new App Store Analytics Guide in the Help section of App Store Connect. This comprehensive resource aims to help developers better understand the App Store's tools and features and develop effective strategies for app success. Strategic Timing Amid AI Evolution The timing of this App Store Connect overhaul is particularly noteworthy, as the industry witnesses rapid advancements in AI capabilities. There's growing speculation that AI agents could eventually replace traditional app stores, with some industry leaders suggesting that smartphone apps may become obsolete as AI-powered web services become more prevalent. Apple appears to be strategically positioning itself to strengthen its lucrative App Store ecosystem rather than allowing it to be disrupted by emerging technologies. The company is reportedly planning to announce an AI-powered Siri at its upcoming developer conference in June, which will be capable of completing tasks within apps, potentially bridging the gap between traditional apps and AI-powered services.
#Apple #App Store #Developers
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Stage Mar 25, 2026

Lily Allen's West End Girl Album Set for Sensational Theatre Adaptation

Singer Lily Allen is in discussions to adapt her album West End Girl into a play, following a succe…
Lily Allen, known for her hit album West End Girl, is exploring the possibility of turning her music into a stage play. The album, which details her painful experience of discovering her husband's infidelity, has already been performed in its entirety during a recent tour of theatre venues, including a show at the London Palladium.The album's narrative is semi-autobiographical and features songs that showcase Allen's mastery of dialogue, characterisation, and storytelling. The plot revolves around her being cast in a West End production, mirroring her own debut in 2:22: A Ghost Story in 2021.A potential play adaptation could feature intimate monologues or a more elaborate production with supporting actors. The character of Madeline, the other woman involved in Allen's husband's affair, could be a key role in the play. Allen's fans have been closely following her personal life through her lyrics, and her Architectural Digest video showcasing her Brooklyn townhouse with her now-estranged husband David Harbour. The album's sardonic humour and raw realism could be effectively translated onto the stage.The set design for the tour, created by Anna Fleischle, featured a distinctive two-act structure with an interval and innovative videography. A stage adaptation could also incorporate performance art elements, making it a unique theatrical experience.
#her #allen #album
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Entertainment Mar 24, 2026

Robyn Unveils New Philosophy with 'Sexistential' Album

Swedish pop star Robyn returns with her ninth album 'Sexistential', a collection of songs that expl…
Robyn, the self-proclaimed Fembot, has always been known for pushing boundaries with her music. Her latest album, Sexistential, is no exception. The Swedish pop star's ninth album is a collection of songs that explore a new philosophy on love, relationships, and emotions.The album's lead single, Dopamine, sets the tone for the rest of the record. With its glittering, arpeggiated synths and introspective lyrics, the song finds Robyn questioning the nature of love and emotions. “I know it’s just dopamine, but it feels so real to me / I’m tripping on our chemistry,” she muses.Sexistential is a departure from Robyn's previous work, with a focus on electronic sounds and lyrics that challenge traditional notions of romance. The album's title track is a case study in Robyn's new mentality, with Robyn rapping about hooking up while undergoing IVF as a solo parent. The song's counterpart, Blow My Mind, is a revamp of her 2002 single, made psychedelic and faster, with lyrics that focus on loving her young son.The album's themes of love, relationships, and emotions are explored through a variety of songs, each with its own unique sound and style. From the thumping, claustrophobic drum machine of Really Real to the retro vocoder and Ministry of Sound piano of Talk to Me, each song showcases Robyn's ability to craft catchy, thought-provoking pop music.The album's finale, Into the Sun, is a surging electro-ballad with tangled religious imagery that makes it tricky to parse. However, the album's defining moment falls on Dopamine, where Robyn finds a way to hold two truths at the same time: feelings are chemical, and some feelings feel amazing. “When I let go, it’s so easy,” she spins, giddy, before hitting a high note that comes straight from the gut.
#Robyn #Sexistential #Synthesizers
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