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Crispin Odey, the former hedge fund manager, has dropped his £79m libel claim against the Financial Times over its reporting of sexual misconduct allegations against him, his lawyers have said.In 2023, the FT published several articles from 20 women alleging sexual assault and harassment against Odey, covering a period of five decades. He has previously denied the allegations against him.On Friday, lawyers for the former hedge fund tycoon, 67, said he had been “forced to accept” that the newspaper was “likely to succeed in establishing” its public interest defence.Odey’s decision to drop his claim follows a three-week hearing in which he challenged a decision by the Financial Conduct Authority, the City regulator, to ban him from the financial services industry.The FT’s editor, Roula Khalaf, said: “This is a vindication for investigative journalism and for the victims whose stories of abuse we reported. The FT was always confident in its reporting. This is a case that should have never been brought.”In March 2025, Odey was provisionally banned from working in financial services and fined £1.8m by the UK regulator for a “lack of integrity”. The FCA said at the time that Odey had attempted to “frustrate” a disciplinary process into sexual harassment allegations against him, and his conduct proved he was “not a fit and proper person to perform any function”.

Real Madrid's struggles continued as they were held to a 1-1 draw at home by Girona in La Liga on Friday, extending their winless run to three games in all competitions. This result gives leaders Barcelona the chance to stretch their advantage at the top of the table to nine points, with a game in hand against Espanyol on Saturday.Federico Valverde put Madrid ahead six minutes after half-time, but Girona levelled in the 62nd minute through Thomas Lemar. Despite dominating possession, Madrid lacked composure going forward, allowing Girona to secure a valuable point and move up to 12th in the league.The draw has significant implications for the title race, with Madrid now six points behind Barcelona. The hosts' fans expressed their frustration with the team's performance, jeering their players as they left the field.In other European matches, Marseille reclaimed third place in Ligue 1 with a 3-1 win over Metz, while Roma boosted their Champions League hopes with a 3-0 victory over Pisa, thanks to a hat-trick from Donyell Malen.

Robert MacIntyre's visit to the Masters ended in disappointment, with the Scot missing the cut after carding a 71 on Friday, which left him at seven over par. His struggles began on Thursday, when he posted an 80, including a quadruple bogey at the 15th hole.MacIntyre's behavior during the tournament, particularly in the closing stages of round one, has raised concerns. He was caught on live television releasing expletives and making an offensive gesture after finding water on the 15th hole. This reaction, along with his subsequent social media post featuring an AI-generated image of himself making an obscene gesture as the iconic Masters gnome, is likely to prompt a stern response from Augusta National officials.The 29-year-old's aggressive behavior on and off the course has sparked debate about his sportsmanship and adherence to the high standards expected at the Masters. His father, Dougie MacIntyre, has urged his son to 'tone it down' when things aren't going his way on the course.In contrast, MacIntyre's playing partner, world No 1 Scottie Scheffler, managed to bounce back from a lackluster first round with a 74 on Friday, moving to even par for the tournament. Scheffler acknowledged struggling with the pace of the greens, stating, 'I felt like I played better than my score'.

Temperatures at the Masters surged into the mid‑80s on Friday, turning Augusta National’s famed fairways into a grueling test of stamina and focus. While many competitors struggled under the sweltering sun, Justin Rose managed to stay within striking distance of leader Rory McIlroy, who had already posted a commanding 12‑stroke advantage after the second round. Rose, alongside Brooks Koepka and Jordan Spieth, fought to keep their games on track. Early on, Rose faltered with a three‑putt at the first hole, dropping a shot, but he quickly steadied his rhythm, playing the next five holes at even par. A moment of frustration saw him toss his club after a missed birdie putt on the fourth, yet he recovered to claim his first birdie of the day at the seventh. Strategic club selection became a focal point on the ninth, where Rose debated between a nine‑iron and an eight‑iron. "I really wanted to hit a nine‑iron, but the wind wasn’t cooperating, and I didn’t want an eight‑iron that would skip past the green," he explained, ultimately committing to the nine‑iron and securing a vital birdie. Strong approach shots followed on the 10th and 11th, both landing within a few feet of the pin, underscoring Rose’s precision despite the heat. A brief setback at the 12th (bogey) was offset by a birdie at the 15th, allowing him to finish the round at five under par, tied for fourth place. Koepka trailed two shots behind Rose in 13th, while Spieth struggled to the point of finishing at one over par. Rose’s performance is notable not only for its resilience but also for its historical context: he has been a runner‑up at Augusta three times and lost two playoffs, fueling a growing chorus of supporters placing sentimental bets on his eventual victory. "I don’t need to try any harder; it’s about execution," Rose said, emphasizing intrinsic motivation over sheer effort. Looking ahead, Rose acknowledges the challenge that lies over the weekend. Last year he attempted to birdie every hole on the back‑nine, a strategy that nearly paid off. This year, he plans to blend patience with opportunistic aggression, hoping to close the gap on McIlroy’s sizable lead.

The Artemis II mission came to a close on Friday night with a gentle Pacific Ocean splashdown, marking a significant achievement in space exploration. The Orion capsule, carrying four astronauts, touched down off the coast of San Diego at 5:07 pm PT, bringing an end to a 10-day lunar odyssey.This mission marked a historic moment as the three Americans and one Canadian became the first people to travel beyond lower Earth orbit since the final Apollo mission in December 1972. The successful test flight around the far side of the moon appears to have met all its objectives, paving the way for future missions.The crew, consisting of Reid Wiseman, Victor Glover, Christina Koch, and Jeremy Hansen, traveled 252,756 miles from Earth, setting a new record for the farthest human spaceflight. Koch became the only woman to have traveled to the moon and back, while Hansen became the first non-American, and Glover became the first person of color to achieve this feat.During their mission, the astronauts evaluated Orion's life support systems, radiation detectors, next-generation spacesuits, and tested other operations crucial to future deep-space missions. The mission also included a successful lunar flyby, with the crew capturing stunning video footage and high-resolution images of the lunar surface.The splashdown was a complex process, involving a succession of deployments of Orion's 11 parachutes at various altitudes to slow the spacecraft to a safe landing speed. The Coast Guard and NASA recovery crews were positioned to cover a large landing zone, ensuring a smooth recovery process.This mission marks a significant step forward for NASA's Artemis program, which aims to return humans to the moon by 2028. The success of Artemis II brings us closer to achieving this goal and paves the way for future missions to the moon and beyond.

Japan's Prime Minister, Sanae Takaichi, announced on Friday that the country will release additional oil reserves early next month, equivalent to roughly 20 days' worth of oil, to ensure a stable supply of crude oil. This move comes as concern grows over energy shortages caused by the crisis in the Middle East.This will be the second time Japan has dipped into its strategic reserves since the US-Israel war on Iran started in February. Last month, Takaichi approved the release of 50 days' worth of oil, the government's biggest ever release, in an attempt to head off a spike in prices.Japan has enough oil in reserve to last 230 days, but it also imports 95% of its crude oil from the Middle East, most of which is transported through the Strait of Hormuz. The country is trying to secure oil from locations that do not ship via the Strait of Hormuz, amid uncertainty over whether the waterway will fully reopen after a two-week conditional ceasefire announced by Donald Trump this week.By May, Japan should be able to secure more than half of its oil imports via other routes, Takaichi said, although she did not provide details. The industry ministry has said that potential new sources for imports could include Yanbu on Saudi Arabia's Red Sea coast and the Port of Fujairah in the United Arab Emirates.The decision to tap into oil reserves for a second time came as pressure grew on Japan's government to resist US pressure to become militarily involved in the conflict. More than 100 demonstrations were held across the country on Wednesday, with protesters urging Takaichi to abide by the postwar constitution, which forbids Japan from using the threat or use of force as a means of settling international disputes.

Australia's quest for a spot in the Billie Jean King Cup Finals has gotten off to a rocky start, with the team losing both opening-day singles matches. Spearhead Talia Gibson was expected to give the tie a strong start at Melbourne's John Cain Arena on Friday but suffered a shocking 7-6 (7-4) 7-5 loss to British teenager Mika Stojsavljevic, ranked 275th in the world.Gibson, ranked 56th globally, had been in stellar form leading up to the tie, having recently beaten five top 20-ranked players and achieving a career-high ranking. However, she struggled against the 17-year-old Stojsavljevic, who claimed the first set in a tiebreak and dominated the second set to secure the win.Adding to Australia's woes, Kimberly Birrell was defeated 4-6 6-3 6-3 by top-ranked Brit Harriet Dart. This leaves experienced duo Storm Hunter and Ellen Perez needing to win the doubles on Saturday to keep Australia's hopes alive in the tie.The British team, missing their top four players, were considered underdogs, but Stojsavljevic's impressive performance, including 12 aces, turned the tide in their favor. Gibson acknowledged her nerves and praised Stojsavljevic for her strong serve and overall play.

The crew of Artemis II is preparing to return to Earth on Friday, following their historic 10-day lunar flyby mission. Nasa leaders have outlined the critical steps needed to ensure a safe splashdown off the coast of San Diego. The Orion capsule will travel at nearly 24,000mph before making a final splashdown several miles off the coast of San Diego. The operation requires multiple teams and careful coordination to safely extract the crew from the spacecraft. Nasa's associate administrator Amit Kshatriya emphasized the importance of the mission, stating, "To every engineer, every technician that's touched this machine, tomorrow belongs to you. The crew has done their part. Now we have to do ours." Jeff Radigan, lead flight director of the mission, highlighted the precision required for re-entry, noting the team has "less than a degree of an angle" to hit the correct flight path. "Let's not beat around the bush. We have to hit that angle correctly – otherwise we're not going to have a successful re-entry," he said. The splashdown is expected to occur at 5:07pm PT, with the USS John P Murtha ready to assist with recovery operations. The crew will undergo post-mission medical evaluations before being flown to Nasa's Johnson Space Center in Houston, Texas. Pilot Victor Glover, the first Black man to travel beyond low Earth orbit, reflected on the journey, saying, "We have to get back. There's so much data that you've seen already, but all the good stuff is coming back with us. There are so many more pictures, so many more stories."

Gordon Elliott opened the Grand National meeting with a strong performance, securing a Grade One double on Thursday. His horse, Brighterdaysahead, won the Aintree Hurdle by two-and-a-quarter lengths, defeating Dan Skelton's The New Lion. This victory confirms the form of the Champion Hurdle at Cheltenham, where Brighterdaysahead finished second.Elliott now has five runners in the Grand National on Saturday, and a fourth success in the world’s most famous steeplechase would put him in a share of the all-time record. The trainer is optimistic about his chances with horses like Pied Piper, who was initially promoted to the final field but later ruled out.In other news, Coming Up Easy is a strong contender for the Topham Handicap Chase on Friday, with a good chance of winning at around 14-1. The eight-year-old horse had a useful performance in a Listed handicap chase last summer and could be a good bet.Elliott's success on Thursday was a significant boost to his Grand National hopes. He also had a win in the juvenile hurdle with Mange Tout, trained by him. Meanwhile, Willie Mullins, who won all four Grade One events on the opening day last year, had a quieter day this time around.