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The South African airline behind a stunt which saw two planes flying in close formation low over a packed stadium, has cancelled a similar operation this weekend.Airlink confirmed it had withdrawn its application for the display set to take place before South Africa’s rugby match with New Zealand in Johannesburg on Saturday, citing a poor weather forecast.The airline’s flying feat divided opinion, with some labelling the startling manoeuvre reckless while others praised the precision and expertise.It comes as the the country’s aviation regulator said that while it had approved the application for the flyby, it was now reviewing the operation…
Donald Trump has said the United States’ position on the Falkland Islands is “one of many” under review, as he pressed the UK to increase military spending.The US president said the UK has “got some problems, but they’ll get solved” when asked about defence funding as a follow-up question to his response on the Falklands.It comes after The Daily Telegraph reported, external US defence officials were drawing up proposals to incentivise Nato allies to meet their spending pledges, with a threat to oppose UK sovereignty over the Falklands among the possible options.The UK government responded by saying Falkland islanders “are…
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Conservative leader Kemi Badenoch has pressed Andy Burnham over UK borrowing and spending at his first Prime Minister’s Questions.Badenoch called on the PM to say where spending would be cut and how he would deal with the UK’s increasing debt, after the cost of borrowing for the UK rose, reaching a new 18-year high on Wednesday.The PM blamed the previous Conservative government saying that the “turbulence on global markets are because of that exposure that they left behind”.Burnham became prime minister in July, having taken over from Sir Keir Starmer just before Parliament’s summer recess, and it was the first…
The layoffs aim to streamline management layers and simplify team structures, says Uber’s CEO Dara Khosrowshahi.Published On 2 Sep 20262 Sep 2026Uber Technologies has laid off 3,300 employees, or 10 percent of its workforce, marking the largest cuts to the ride-hailing company’s headcount since the onset of the COVID-19 pandemic.In a memo to employees on Wednesday, CEO Dara Khosrowshahi said that the cuts were part of wider efforts reducing layers of management and “simplifying team structures” as the company looks to “build the autonomous future” as well as “invest even more in drivers, couriers and merchants”.Recommended Stories list of 4…
Chevron, the only US oil firm with major presence in Venezuela, said it has been assigned extra acreage and will double output.Published On 2 Sep 20262 Sep 2026Chevron will invest more than $7bn through its Venezuela joint ventures to double oil production to about 600,000 barrels per day over the next five years in the South American country, the United States oil giant has said.Chevron, the only US oil company that has a major presence in the country, said on Wednesday that it has been assigned additional acreage in the Orinoco Belt, where the company has an established position and…
It was a gorgeous summer weekend in the mountain-ringed town of Ennis, Mont., but Main Street was lined with casualties of Montana’s affordability crisis.Kalena’s tea shop had shut for good because its owner could not find workers able to afford rent anywhere near Ennis. Staff shortages had similarly closed for the weekend a soda fountain catering to tourists bound for Yellowstone National Park. The Burnt Tree brewery was open only because its owners had turned a cluster of cabins and apartments into employee housing.For the past two election cycles, Democrats in Montana have tried to harness anger over wealthy out-of-staters…
The biggest factor pushing up rates is the credibility of the borrowing plans set out by major countries. The increase is not based on fears about countries “going bankrupt”. But it is based on the brutal market equation that if a country wants to borrow more, and to do so without a credible plan, especially if there are doubts over the stability of a given government, it should expect to pay a higher rate.Influential economists lean on different factors. Mohamed el-Erian told me the AI competition in bond markets was the biggest new factor. Lord Jim O’Neill, says the recent…
US pop star Lizzo has spoken out after the remaining claims in a lawsuit against her production company were thrown out by a US district judge. The singer’s former wardrobe assistant Asha Daniels alleged she had been subjected to “degradation, forced physical labor, denial of medical care, sexual harassment, and racial harassment” while briefly working for Big Grrrl Big Touring in 2023. District judge Fernando L Aenlle-Rocha filed a ruling to dismiss the claims by the stylist on Tuesday, according to court documents. , externalIn an Instagram post, external, Lizzo said she was “relieved” at the outcome and will “continue…
The backdrop to his first few days as prime minister with Westminster in full swing has been the increased cost of borrowing – a global trend but one to which the UK is exposed and which looks likely to limit the chancellor’s room for manoeuvre at the budget come the end of October.Burnham has promised a transformational government but he’s facing many of the same challenges as Sir Keir Starmer, with difficult decisions on defence spending, welfare and social care – to name just a few – hurtling towards him.These are the pressure points his political opponents will seek to…
