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Business Apr 28, 2026

Singing Activists Disrupt NatWest AGM Over Climate Backtracking

At NatWest's annual shareholder meeting in Edinburgh, protestors from Extinction Rebellion’s XR Mon…
Protesters Interrupt NatWest AGM with Climate SongThe chair of NatWest was forced to defend the bank against accusations of “climate backtracking” when activists from the XR Money Rebellion sang a rendition of Frère Jacques—"No more bombs, no more oil"—during the opening speech of the annual general meeting in Edinburgh. The protest halted the proceedings for roughly thirty minutes before the meeting resumed.Protesters wore black T‑shirts reading “No more big oil” and “No bombs”.Representative Mara Lilley of the Church of England pension board announced a vote against chair Rick Haythornthwaite’s re‑election over climate concerns.The disruption coincided with heightened shareholder questioning of climate policy and staff remuneration.Financial Stakes: £19bn Transition Finance and £200bn Sustainable Lending GoalNatWest disclosed that it provided £19 bn of energy‑transition finance in the second half of 2025 and set an ambitious target of £200 bn in sustainable lending by 2030. The bank also reported that oil and gas financing now represents only 0.6% of total lending.Goal: halve climate impact versus 2019 levels (currently at 39%).Net‑zero financing target: 2050.Executive pay: CEO Paul Thwaite to receive £6.6 m in 2025‑26.Boardroom Tension: Shareholder Dissent and Policy Shift ImplicationsDespite a 92% approval for Haythornthwaite’s re‑election—the lowest among 25 resolutions—significant dissent emerged. Jeanne Martin of Share Action, representing investors with $1.4 tn assets, warned that the softened fossil‑fuel policy could amplify physical risks such as flooding and heatwaves, threatening long‑term financial stability.Share Action called the policy change a “slight shift” that risks “accelerating exposure to physical risks”.Unite union representatives highlighted rising dividends and executive pay versus staff hardship.Future Outlook: Pressure on NatWest’s Climate Commitments and Stakeholder RelationsHaythornthwaite agreed to meet with concerned investors within three months, signalling a potential recalibration of the bank’s climate roadmap. Continued activist pressure and shareholder activism suggest NatWest will need to balance its pragmatic middle‑road approach with demonstrable progress on sustainable financing to restore confidence.Potential outcomes: tighter fossil‑fuel financing restrictions, enhanced reporting on transition plans, or renewed stakeholder dialogue.Long‑term risk: erosion of investor trust could affect capital costs and market reputation.
#NatWest #Extinction Rebellion #Rick Haythornthwaite
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Tech Apr 28, 2026

Joby's Electric Aircraft Poised to Revolutionize New York Air Travel

Joby Aviation's electric vertical takeoff and landing aircraft is conducting test flights in New Yo…
The Lead: New York's Electric Air Travel Revolution BeginsJoby Aviation's fully electric aircraft has begun test flights in New York City, demonstrating a potential future where urban air travel is transformed by quieter, faster, and more environmentally friendly vertical takeoff and landing technology. The aircraft, which buzzed between JFK airport and Manhattan in recent days, represents a significant step toward making urban air mobility a reality in one of the world's most congested cities.The Technical Breakthrough: Beyond Helicopter DesignWhat makes Joby's aircraft distinctive is its innovative design that deliberately distinguishes itself from traditional helicopters. With six propellers that point upward during vertical takeoff and landing, then tilt forward for horizontal flight, the aircraft combines vertical flexibility with airplane-like efficiency. This multi-propeller configuration not only enables speeds up to 200mph but also provides enhanced safety through redundancy.Eric Allison, chief product officer at Joby Aviation, emphasizes the fundamental differences: "It's an aircraft, but that's about the only similarities. It takes off and lands vertically, like a helicopter, but it has six propellers, which point up when it's taking off and landing, and then they tilt forward to allow forward flight like an aircraft."The Market Potential: Premium Urban Air TravelThe economic implications of Joby's technology are substantial. The aircraft can transport passengers from JFK to midtown Manhattan in approximately 10 minutes—dramatically faster than the more than hour-long journey by car or similar time via public transportation. However, accessibility remains a concern as Joby indicates pricing will be comparable to "premium car service," likely starting around $200 per trip—significantly higher than the $11.75 public transportation fare.This positions the service initially as a luxury option for business travelers and affluent individuals rather than mass transit. The target market appears to be time-sensitive passengers willing to pay a premium for convenience, similar to how helicopter services currently operate but with improved environmental and noise profiles.The Environmental Impact: Quieter Skies, Zero EmissionsOne of Joby's key advantages is its environmental credentials. Unlike conventional helicopters that produce approximately 950lbs of carbon dioxide per hour (compared to 22lbs per hour for an average car), Joby's electric aircraft produces zero emissions during operation. This addresses growing concerns about urban air pollution and climate change.Equally important is the noise reduction. Joby claims its aircraft produces about 45 decibels during flight, compared to helicopters' 100+ decibels. While the company's assertion that the aircraft's "acoustic signature blends into the ambient sounds of everyday city life" may be somewhat optimistic, firsthand accounts confirm it is significantly quieter than traditional helicopters. This could help address the concerns of groups like "Stop the Chop," which has long advocated against helicopter noise in New York.The Regulatory Hurdles: FAA Certification PathDespite the promising demonstrations, significant regulatory challenges remain. Joby Aviation is still in the process of obtaining Federal Aviation Administration (FAA) certification, a rigorous safety evaluation that can take years to complete. The recent New York test flights were conducted under strict limitations, only permitted over water, indicating the cautious approach regulators are taking with this new technology.The certification process involves extensive testing of the aircraft's design, safety systems, and operational procedures. Joby will need to demonstrate that their eVTOL meets the same safety standards as conventional aircraft while addressing unique challenges associated with urban operations, such as integration with existing air traffic control systems and safe emergency procedures in densely populated areas.The Future Outlook: Urban Air Mobility Takes FlightJoby's New York tests represent a critical milestone in the broader urban air mobility movement. If successful, this technology could eventually transform not just New York but other major cities worldwide facing similar transportation challenges. The potential applications extend beyond airport transfers to include emergency medical services, cargo delivery, and eventually routine commuting.However, the path to widespread adoption will depend on multiple factors beyond technical feasibility and regulatory approval. Infrastructure development, including vertiports and charging stations, will require significant investment. Public acceptance will hinge on demonstrating safety and reliability while minimizing noise and visual disruption to urban environments.For now, most New Yorkers will continue their daily commutes via subway and other ground transportation. But as Joby and other eVTOL companies progress toward commercial operations, the skies above cities may soon see a transformation as significant as the one that occurred when automobiles replaced horse-drawn carriages over a century ago.
#Joby Aviation #Electric Aircraft #New York
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Politics Apr 28, 2026

Ali al‑Zaidi: Iraq’s Businessman Turned Prime Minister‑Designate Amid Shia Bloc Compromise

The Shia‑dominated Coordination Framework named 40‑year‑old businessman Ali al‑Zaidi as Iraq’s prim…
Ali al‑Zaidi, a multimillionaire entrepreneur, was announced on Monday as Iraq’s prime minister‑designate, a compromise that resolves a protracted political stalemate within the Shia‑led Coordination Framework. Shia Bloc’s 25‑Minute Deal Elevates Businessman Ali al‑Zaidi The Coordination Framework, Iraq’s largest parliamentary bloc, convened a decisive meeting after missing the constitutional deadline of 26 April. Within 25 minutes members unanimously approved al‑Zaidi, a candidate with no prior governmental experience, to head the next government. Age: 40 years Key roles: Chairman of National Holding Company, board chair of Shaab University and Ishtar Medical Institute Education: Bachelors in law and finance; Master’s in banking and finance; member of the Iraqi Bar Association Parliamentary Numbers and Timeline of the Selection The new prime minister‑designate has 30 days to present a cabinet and secure a confidence vote from at least 167 lawmakers. The Shia bloc controls 185 of the 329 seats in the Council of Representatives, giving al‑Zaidi a solid parliamentary base if he can maintain internal cohesion. 26 April – Constitutional deadline missed 27 April – Final Coordination Framework meeting; al‑Zaidi selected 28 April – President Nizar Amedi appoints al‑Zaidi as prime minister‑designate By early June – Cabinet must be submitted for parliamentary approval Geopolitical Stakes: US, Iran and Iraq’s Economic Reform Al‑Zaidi’s “blank‑slate” profile is viewed as an asset by both Washington and Tehran. The United States, after President Donald Trump vetoed former rival Nouri al‑Maliki, seeks a leader who can curb the influence of Iran‑linked militias within the Popular Mobilisation Forces (PMF). Conversely, Iran favours a government that does not alienate its regional partners. Economically, al‑Zaidi promises to shift Iraq from a centrally planned model toward a market‑oriented system, leveraging his experience in agriculture, real estate, banking, logistics and renewable energy. What Lies Ahead for al‑Zaidi’s Premiership If al‑Zaidi secures parliamentary confidence, he will inherit a nation navigating several crises: Potential economic fallout from disruptions in the Strait of Hormuz Deep‑rooted corruption and the need for institutional reform Balancing US pressure to limit PMF influence with Iran’s regional interests Managing youth unemployment and expanding renewable‑energy projects Analysts predict that al‑Zaidi’s business‑first approach could attract foreign investment, but his success will hinge on maintaining a delicate diplomatic equilibrium between competing great‑power interests.
#Ali al‑Zaidi #Iraq #Coordination Framework
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Sports Apr 28, 2026

Thunder Sweep Suns While Magic Edge Pistons in First‑Round NBA Playoffs

The Oklahoma City Thunder closed out a first‑round sweep of the Phoenix Suns with a 131‑122 win, wh…
The NBA playoffs opened with a dominant performance by the top‑seeded Oklahoma City Thunder, who eliminated the Phoenix Suns in a 131‑122 blowout, and a crucial victory for the Orlando Magic that gave them a 3‑1 edge over the Detroit Pistons. The results not only end three teams' opening series but also set the stage for new match‑ups and strategic adjustments across both conferences.Thunder Complete Historic Sweep of Suns in Western Conference OpenerShai Gilgeous‑Alexander led the Thunder with 31 points and eight assists, while Chet Holmgren added a double‑double (24 points, 12 rebounds). The victory marks the Thunder’s third consecutive first‑round sweep, underscoring their offensive depth and defensive pressure.Final score: Thunder 131, Suns 122Key contributors: Shai Gilgeous‑Alexander (31/8), Chet Holmgren (24/12), Ajay Mitchell (22/6)Thunder will face the winner of the Lakers‑Rockets matchup in the second roundScoring Explosion Highlights: 131‑122 Thunder VictoryThe Thunder posted 131 points, the highest total in a first‑round game this postseason, driven by balanced scoring across five players with 14+ points each. Phoenix managed 122 points, but defensive lapses in the fourth quarter allowed Oklahoma City to pull away.Thunder 3‑point shooting: 15‑of‑33 (45.5%)Suns 3‑point shooting: 12‑of‑30 (40.0%)Turnovers: Thunder 9, Suns 13Magic’s 3‑1 Lead Signals Shifting Power in Eastern ConferenceOrlando’s 94‑88 win over Detroit gave the Magic a 3‑1 series advantage, highlighted by Desmond Bane’s 22 points and five three‑pointers in the closing minutes. The Pistons, despite Cade Cunningham’s 25 points, were shut out in the final five minutes, exposing their reliance on late‑game shooting.Key stats: Magic 94 points (Bane 22, Wagner 19 before injury)Pistons 88 points (Cunningham 25, Stewart buzzer‑beater)Injury impact: Franz Wagner exited with a calf strainWhat the Results Mean for the Rest of the PlayoffsWith the Thunder advancing, the Western Conference now features a potential showdown between Oklahoma City and either the Lakers or Rockets, both of which bring veteran experience. In the East, the Magic’s early lead forces the Pistons to adjust defensively and manage Wagner’s absence, while the Nuggets’ win over the Timberwolves keeps Denver alive for a possible clash with the Thunder.Projected second‑round match‑ups: Thunder vs. Lakers/Rockets; Nuggets vs. potential Western opponentKey narratives: Thunder’s offensive versatility, Magic’s resilience despite injuries, Denver’s reliance on Nikola Jokić’s triple‑double production
#Oklahoma City Thunder #Phoenix Suns #Orlando Magic
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Entertainment Apr 28, 2026

Salon Review: A Fabulous Party of Art and Conversation

The article reviews a salon exhibition featuring 43 paintings by various artists, curated by Matthe…
The Concept of a Salon Exhibition The gallery appears to have been set for a party. Mismatched chairs are scattered through the space – ornate gothic throne, wing-backed recliner, stackable school chair. Each points towards a white window painted on to the wall, into which one of 43 equally miscellaneous paintings has been inserted. These paintings are the other party guests, and you must decide who to sit with. Engaging with the Artworks It is a ragtag bunch, and so I decide to start with the people I recognise. But on my way to meet a portrait by Denzil Forrester of the young Haile Selassie, its surface resembling scuffed and polished stone, I am distracted by the glitter of light from a small work by Andrew Cranston. It comes from a young woman who seems to have been transplanted from Dumbarton into a glamorous late Vuillard, her coat shimmering like the scales of a fish caught by late summer sun. The Curator's Vision The host of this “salon”, and the person whose sensibility knits it together, is Matthew Higgs, director of New York’s White Columns gallery and magpie impresario. Some of these artists he has worked with for years, while others, such as Adam Keay, who contributes an oddly compelling beach scene, were invited on the strength of a chance encounter. The Experience of Discovery If you can stick it out to the 40-minute point at which things get really psychedelic, you will discover that you have attracted the attention of security guards. This is because exhibitions are not, for the most part, designed to encourage you to spend a long time in front of art works so much as move you through to the gift shop. But Higgs understands that to have a meaningful experience with a painting requires no technical expertise but only time, an open mind and, ideally, a chair.
#The Guardian #Salon Review #Matthew Higgs
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Sports Apr 28, 2026

Mayor Mamdani Announces Free World Cup Fan Events Across All NYC Boroughs

New York City will host free World Cup watch parties in each of its five boroughs, announced by May…
Lead: Free World Cup Watch Parties to Reach Every New YorkerMayor Zohran Mamdani revealed that New York City will stage complimentary fan events in all five boroughs, ensuring that cost‑conscious supporters can enjoy the tournament without draining their savings.Mayor Mamdani Unveils Free Watch Parties in Every NYC BoroughThe city‑wide series includes:Manhattan – Rockefeller CenterQueens – Billie Jean King National Tennis CenterBrooklyn – Brooklyn Bridge ParkThe Bronx – a shopping centre near Yankee StadiumStaten Island – a minor‑league baseball stadiumEach venue will host live match screenings and related festivities, creating a festive atmosphere across the metropolis.Cost Contrast: Free NYC Events vs $150 MetLife Train FareWhile the borough events are free, fans traveling to the actual matches at MetLife Stadium face a $150 round‑trip train fare—nearly twelve times the regular $12.90 price for the 15‑minute, 14 km ride from Manhattan’s Penn Station.A separate fan gathering at Sports Illustrated Stadium in Harrison, New Jersey, will charge a modest $10 entry fee.Broadening World Cup Access for New Yorkers and Regional FansBy offering no‑cost viewing options, the city addresses the financial barrier that could exclude lower‑income fans. The initiative also alleviates pressure on New Jersey’s transit system, which expects roughly 40,000 fans per match to rely on mass transit due to limited parking.Governor Kathy Hochul co‑announced the plan, underscoring a bipartisan commitment to inclusive sports experiences.Potential Ripple Effects on Future Sports Event Hosting in NYCSuccessful execution could position New York as a model for large‑scale, low‑cost fan engagement, influencing how future international tournaments are integrated into urban settings. It may also encourage other cities to negotiate similar community‑focused initiatives when hosting major sporting events.
#Zohran Mamdani #Kathy Hochul #World Cup
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Sports Apr 28, 2026

Modric’s Cheekbone Surgery Clears Path to 2026 World Cup

Croatian captain Luka Modric underwent successful facial surgery after fracturing his left cheekbon…
Successful Surgery Gives Modric a Shot at His Fifth World CupLuka Modric underwent a complex operation on his left zygomatic bone after a head‑to‑head collision with Manuel Locatelli during AC Milan’s 0‑0 draw with Juventus on April 26, 2026. The Croatian Football Federation confirmed the procedure was “completely successful” and expressed confidence in his recovery ahead of the tournament.Injury Timeline and Immediate Club ResponseApril 26, 2026 – Modric exits the match with ten minutes remaining, visibly in pain but stays on the bench.April 27, 2026 – Medical scans reveal a multi‑fragment fracture of the left cheekbone.April 28, 2026 – Surgery performed; AC Milan describes it as “complex, multi‑fragment” but successful.Recovery period – Club does not disclose exact sidelined time; only four Serie A rounds remain.Key Numbers Shaping the SituationAge: 40 years old, making him one of the oldest World Cup participants if he plays.Contract: One‑year deal signed last summer with an option for a further year.League standing: AC Milan sit third, 12 points behind leaders Inter Milan with four games left.World Cup start: June 11, 2026 – Croatia’s Group L matches begin on June 17.Implications for Croatia and MilanThe captain’s swift recovery is crucial for Croatia, which will face England, Ghana and Panama in Group L. Coach Zlatko Dalic emphasized full medical support and confidence that Modric will lead the team. For Milan, Modric’s availability could influence the final league push, though a protective mask may be required if he returns before the season ends.Outlook: Can Modric Make the World Cup Squad?Medical staff expect a “speedy and quality” recovery, aligning with the national team’s preparation schedule. If all goes to plan, Modric should be match‑fit for Croatia’s opening game on June 17. Even if he misses the Serie A run‑in, a mask‑protected appearance in the World Cup remains plausible, preserving his legacy as a five‑time tournament veteran.
#Luka Modric #AC Milan #Croatia National Team
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Sports Apr 28, 2026

The Cultural Significance of Football Ultras: A Growing Obsession

The rise of football ultras has become a cultural phenomenon, with their passionate displays and lo…
The Rise of Ultras: A Cultural Phenomenon Ultras, hardcore football fans known for their stunning stadium displays and gang-like loyalty, have evolved from a subculture confined to Italian stadiums to a global cultural obsession. The Event Details: A Documentary Exploration Ragnhild Ekner's documentary 'Ultras' takes viewers on a 90-minute journey through Sweden, Indonesia, Poland, Argentina, England, Egypt, and Morocco, showcasing the roots of ultra-mania. The film highlights thousands of people marching, singing, and celebrating in unison, with Ekner describing it as 'an uprising against loneliness.' The Data Analysis: Understanding the Appeal Ultras provide what contemporary society often lacks: collectivism in a period of atomization, danger and adrenaline in a society seen as bloodless, old-fashioned masculinity and muscle in a period of soft skills, and belonging in an era of rootlessness. As one ultra says, 'It's where I feel at home'; another notes, 'Inside, we're a family, and we take care of each other.' The Impact Analysis: Ultras and Their Role Ultras are the only vociferous link to the soil in which a club germinated, giving sanitized modern football a sense of passion and meaning. They played a significant role in the Arab spring in Egypt and claim to champion the excluded and dispossessed. The ultra lexicon, including 'faith,' 'presence,' and 'devotion,' mirrors ecclesiastical diction, offering a religion for the irreligious. The Prediction: The Future of Ultras As modern football continues to evolve, becoming increasingly rootless with teams having negligible connections to their cities or suburbs, the appeal of ultras is likely to grow. They offer a sense of community and passion that is missing in the sanitized, cinematic experience of modern football.
#Football #Ultras #The Guardian
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Sports Apr 28, 2026

Howe Faces Forensic Interrogation from Saudi Owners at Newcastle Crisis Summit

Eddie Howe is bracing for a high-stakes interrogation at Matfen Hall, where Newcastle's Saudi owner…
The Matfen Hall Summit: A Crossroads for NewcastleEddie Howe is bracing for a high-stakes interrogation at Matfen Hall, a Northumberland country house hotel. The Newcastle manager faces a critical "summit meeting" with club chair Yasir al-Rumayyan and key figures from the Public Investment Fund (PIF). While the annual spring event is usually a routine check-in, this year it has transformed into a survival meeting. With Newcastle languishing in 14th place and losing nine of their last 12 games, the owners' ambition to make the club the world's "No 1" looks increasingly remote.The Tactical Blind Spot: £124m Wasted on the BenchThe owners are likely to question the deployment of expensive attacking assets. Statistics suggest a significant tactical error in how Newcastle has utilized its new signings.Nick Woltemade: Scored 9 goals in his first 4 months after a £69m record signing. Newcastle earned 20 points from 9 home league games featuring him as a No 9, compared to just 6 points from 8 games with an alternative striker.Yoane Wissa: Scored 19 Premier League goals for Brentford last season but has barely featured since a serious knee injury. Despite impressing as a No 9 and left-winger for the DRC, he has been an "eternal substitute".Defensive Fragility: Newcastle conceded 19 league goals after the 75th minute, surrendering 25 potential points from winning positions—more than any other top-tier side.The Crisis of Confidence in the Changing RoomThe article highlights a potential disconnect between manager and players. Kieran Trippier and Bruno Guimarães have publicly acknowledged complacency, with Trippier stating the team "deserved to be booed" after the Bournemouth defeat. The acrimonious sale of Alexander Isak to Liverpool for £125m has left a void that replacements have failed to fill. The manager is also facing questions about his ability to manage a dressing room fractured by the departure of key stars and the looming prospect of a summer rebuild involving the expected exits of Sandro Tonali, Tino Livramento, and Anthony Gordon.The Necessity of a Tactical OverhaulThe "high-energy" version of the 4-3-3 system, which served Newcastle well in the past, is under fire. With the squad set for a massive summer overhaul, Howe may need to abandon his rigid tactical preferences. The data suggests that Woltemade, likened to Harry Kane by teammates, would thrive deeper in the pitch as a No 10 rather than upfront. Furthermore, the team's second-half burnout and declining key metrics indicate that a switch to a possession-based style or a different formation, such as 3-5-2 or 4-4-2, might be necessary to restore the club's competitive edge.
#Eddie Howe #Newcastle United #PIF
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