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Business Apr 07, 2026

Bill Ackman's Pershing Square Makes €50bn Takeover Bid for Universal Music

Billionaire Bill Ackman's hedge fund, Pershing Square, has offered to buy Universal Music Group in …
Universal Music Group (UMG), the world's largest music company, has received a takeover offer from billionaire Bill Ackman's hedge fund, Pershing Square. The deal values UMG at over €50bn (£44bn). Pershing Square, based in New York, has offered a cash and stock deal to acquire the business, which is home to renowned artists such as Taylor Swift and Elton John.Ackman stated that while UMG, led by British-born Sir Lucian Grainge, has done an excellent job in nurturing its artist roster and generating strong business performance, its share price has lagged due to issues unrelated to the performance of its music business. He specifically mentioned the delay in UMG's US listing, underutilization of its balance sheet, and uncertainty around the French conglomerate Bolloré Group's 18% stake in the company.Shares in UMG, listed in Amsterdam since 2021, have lost more than a quarter of their value in the past year. The company is one of the 'big three' record labels, alongside Sony Music Entertainment and Warner Music Group, with a diverse roster ranging from classical music to stars like Adele, Drake, and Ariana Grande.Ackman also cited a 'lack of investor credit' in the company's valuation of its €2.7bn stake in the music streaming service, Spotify. Pershing Square, which Ackman established in 2004, controls over $26bn in assets and bought a 10% stake in UMG in 2021.As part of the proposed deal, Pershing Square would add Michael Ovitz, a veteran talent agent, as chair, along with two representatives from Pershing Square to UMG's board. The deal would also involve a new employment contract and compensation arrangement for Sir Lucian Grainge. Under the terms, UMG would merge with a blank-cheque company set up by Pershing Square and then list on the New York Stock Exchange. Shareholders would receive a total of €9.4bn in cash and 0.77 shares in the new company for every Universal share they own, representing a 78% premium compared to the company's closing share price on Thursday.
#Bill Ackman #Pershing Square #Universal Music Group
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News Apr 07, 2026

Lebanon's Displaced: Fleeing Israeli Attacks, Seeking Shelter in Mountains

Thousands of Lebanese families have been displaced due to Israeli attacks, with many seeking shelte…
In the hills of Mount Lebanon, a school has been transformed into a shelter for families displaced from southern Lebanon due to Israeli attacks. The schoolyard, once filled with students, is now a hub for aid deliveries, with empty swings and slides a stark reminder of the disruption to daily life.Families like Aymane Malli's have fled their homes, seeking safety in the mountains. Malli, a 49-year-old father of five, described the traumatic experience of leaving his home in Habbouch, near Tyre, after Israel began bombing Lebanon on March 2. 'It's very difficult,' he said, 'but for me, it's OK because I have to survive. I have to take care of my family.'The humanitarian situation is dire, with over 1.1 million people forced from their homes and more than 1,300 killed, including 120 children. Aid groups, such as Action Against Hunger, are struggling to provide support, with over 400 people turned away from the Qabr Chamoun school due to overcapacity.Conditions in shelters are deteriorating, with water leaks, gastrointestinal illnesses, and eye infections reported. The destruction of key infrastructure, particularly bridges and access routes, is exacerbating the crisis, making it difficult for families to flee and for aid to reach them.The future remains uncertain for these displaced families, with concerns about long-term food security and the possibility of a prolonged Israeli security presence or occupation in southern Lebanon. As Mohammed al-Mustafa, a sweets seller from Tyre, poignantly noted, 'It's not the material things I worry about leaving behind. It's the memories. We lived in that house for 40 years. Old photographs, our lives.'
#lebanon #israel #hezbollah
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News Apr 07, 2026

Former Kursk Governor Sentenced to 14 Years for Corruption That Weakened Border Defences During Ukraine’s 2024 Incursion

A Russian court sentenced ex‑governor Alexei Smirnov to 14 years in a penal colony for taking bribe…
A Russian court on Monday handed former Kursk governor Alexei Smirnov a 14‑year prison term in a penal colony after finding him guilty of corruption that left the region’s border defenses vulnerable during Ukraine’s August 2024 offensive. According to the verdict, the 52‑year‑old official accepted bribes from construction firms tasked with building anti‑tank barriers. Investigations revealed that the barriers were erected with substandard materials incapable of stopping Ukrainian armored units, directly contributing to the rapid advance of an estimated 11,000 Ukrainian soldiers into Kursk. The court also imposed a fine of 400 million roubles (≈ $4.9 million), confiscated more than 20 million roubles (≈ $220,000) from Smirnov’s assets, and barred him from any employment for ten years. Smirnov, who had been appointed governor in May 2024 and resigned in December of the same year, pleaded guilty and was subsequently detained. He claimed that his predecessor, Roman Starovoit, encouraged the practice of accepting kickbacks. Starovoit, later appointed transport minister, was dismissed by President Vladimir Putin in July 2025 and died under circumstances ruled as suicide. The incursion marked the first time in decades that foreign troops entered Russian soil, forcing an estimated 78,000 Russian soldiers to engage the Ukrainian force and exposing systemic weaknesses in Russia’s border security. The Kremlin responded with a sweeping crackdown on regional and military officials deemed responsible for the failure. Russian forces eventually expelled the Ukrainian units from Kursk in April 2025, reportedly with assistance from several thousand North Korean troops. The episode remains a diplomatic embarrassment for President Putin, highlighting the strategic and political fallout of corruption within Russia’s regional administrations.
#russia #kursk #ukraine
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Sports Apr 06, 2026

Lincoln City clinches historic promotion to the Championship with dramatic 96th‑minute win over Reading

Lincoln City returned to the Championship after a 65‑year exile, beating Reading 2‑1 thanks to earl…
Lincoln City secured a long‑awaited return to the Championship, overcoming Reading 2‑1 in a match that featured an early strike, a late equaliser and a dramatic winner in added time. Needing only a point, the Imps surged ahead in the fifth minute when Ryan Oné finished from a Reeco Hackett‑Fairchild free‑kick, prompting jubilant cheers from the 2,884 travelling supporters. Reading fought back and, after a sustained pressure, levelled the score in the second minute of stoppage time via a precise Lewis Wing free‑kick, briefly reviving the Royals' playoff hopes. Just four minutes later, Jack Moylan seized the decisive moment, netting from close range in the 96th minute to seal Lincoln's promotion – the club’s first appearance in the second tier since 1961. The victory was mirrored by a cascade of results across the English Football League. In League One, Peterborough United drew 1‑1 with second‑placed Cardiff City, while Bradford City rallied to beat Wycombe Wanderers 2‑1, keeping their playoff ambitions alive. Meanwhile, a 2‑2 stalemate between Bolton Wanderers and Stockport County effectively ended both clubs' chances of automatic promotion, and Stevenage edged Blackpool 1‑0 thanks to Harvey White’s 66th‑minute strike. Further down the table, Luton Town maintained their playoff push with a 3‑0 win over AFC Wimbledon, Wigan Athletic moved closer to safety after a 3‑1 triumph at Northampton Town, and Exeter City broke a 15‑match winless run by thrashing Doncaster Rovers 3‑0. In League Two, MK Dons were held to a 1‑1 draw by Oldham Athletic, Notts County surged into the top three with a 3‑1 victory over Newport County, and Swindon Town overturned a deficit to beat Walsall 2‑1. Across the divisions, the final‑day results reshaped the promotion race, tightened relegation battles and set the stage for an exciting start to the next season.
#win #home #hopes
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Sports Apr 06, 2026

Norwich City Deals Blow to Millwall's Promotion Hopes with 2-1 Win

Norwich City's 2-1 win against Millwall has boosted their promotion hopes and dealt a significant b…
Norwich City's Oscar Schwartau scored a crucial goal off the bench to secure a 2-1 win against Millwall, dealing a significant blow to their promotion hopes and boosting Ipswich's chances.The match saw Millwall take the lead through Mihailo Ivanovic but Norwich City equalized with a long-range rocket from Pelle Mattsson and Schwartau's winner in the 76th minute.In other matches, Middlesbrough earned a precious point from a 2-2 draw at Swansea, with Tommy Conway scoring a second-half penalty equalizer.Charlton manager Nathan Jones reported that Conor Coady was taken to hospital after being knocked out during the 1-1 draw at Watford.Portsmouth drew 2-2 with Oxford United in a relegation dogfight, with Andre Dozzell scoring an 87th-minute equalizer.Bristol City secured a 1-0 victory over Sheffield United thanks to Radek Vitek's inspired goalkeeping performance.Derby earned a 2-0 home win over Stoke, with Jaydon Banel and Carlton Morris scoring the goals.QPR drew 1-1 with Preston, with Thierry Small scoring an unfortunate own goal.Leicester drew 1-1 with Sheffield Wednesday, with Jordan Ayew scoring a late goal to deny the hosts their first home league win of the season.
#Norwich City #Millwall #Championship
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Sports Apr 06, 2026

Arsenal's upset loss underscores the FA Cup's lasting relevance in a disrupted football calendar

A weekend of cup football revealed the FA Cup’s crucial role in English soccer, with Arsenal’s defe…
The 2026 football calendar has been unusually fragmented, with international fixtures squeezed into March for World Cup qualifying play‑offs, leaving only a handful of matches over the weekend. This odd scheduling created a three‑week lull in the domestic title race, a pause that proved advantageous for cup competitions.Manchester City’s Carabao Cup victory offered a tactical showcase for Pep Guardiola, reminding fans that silverware cannot be taken for granted after last season’s disappointment. The win set the stage for a weekend of high‑stakes FA Cup action.In the FA Cup quarter‑finals, Southampton defeated Arsenal in a match steeped in nostalgia, as the hosts wore a pale yellow‑blue kit echoing their 1976 triumph. The result highlighted the competition’s ability to generate drama beyond league narratives.One of the most compelling stories came from Ross Stewart, Sunderland’s former striker now with Southampton. After a career hampered by a ruptured Achilles in an FA Cup tie three years earlier, Stewart returned to the competition and scored against Arsenal, the very side that had previously exposed his hamstring woes. At 29, his goal not only propelled Southampton forward but also secured him a place in the upcoming FA Cup semi‑final at Wembley.The weekend also featured Manchester City’s dominant display against Liverpool, intensifying speculation over Liverpool manager Arne Slot’s future, and a gritty penalty shoot‑out win for West Ham over Leeds, underscoring the unpredictable nature of knockout football.For Arsenal, the loss raises serious concerns. The Gunners entered the break on a 14‑match unbeaten league run, only to suffer consecutive defeats and display uncharacteristic nervousness after half‑time against City. The return of goalkeeper David Raya, whose distribution could alleviate Arsenal’s pressing issues, may help, but the team’s injury list and erratic passing remain problematic.Overall, the weekend proved that the FA Cup remains a vital pillar of English football, capable of elevating unsung players like Stewart and delivering moments that resonate far beyond the Premier League title chase.
#Arsenal #Southampton #Manchester City
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Technology Apr 06, 2026

German cities rally for a nationwide night‑time ban on robotic lawnmowers to shield hedgehogs

Mayors across Germany are urging a federal prohibition on night‑time operation of robot lawnmowers,…
Mayor Claudia Kalisch, vice‑president of the German Federation of Cities and leader of the Green‑party city of Lüneburg, announced a push for a nationwide ban on night‑time use of robotic lawnmowers. The proposal aims to curb injuries and deaths among hedgehogs and other small nocturnal animals that frequent residential gardens after dark.Recent research has highlighted that the fast‑moving blades of autonomous mowers pose a hidden danger to wildlife active between dusk and dawn. Hedgehogs, which often curl into a ball when threatened, are especially difficult for mower sensors to detect.Kalisch told the Funke newspaper group that urban green spaces have become critical refuges as development and intensive agriculture shrink natural habitats. She noted that petitions urging the ban have amassed tens of thousands of signatures earlier this year, reflecting broad public concern.In addition to legislative pressure, the mayor called on manufacturers to develop hedgehog‑friendly technology. She emphasized that industry responsibility is essential for protecting biodiversity and improving city life quality.The European red‑list classifies hedgehogs as "near threatened" since 2024, after a documented 30% population decline over the past decade. Beyond mower hazards, motorised leaf blowers, vacuums, and vehicle collisions—responsible for up to one in three fatalities—exacerbate the species’ decline across Europe.Scientists at the University of Oxford, in collaboration with Danish colleagues, recently demonstrated that hedgehogs can hear high‑frequency ultrasound, opening the possibility of sonic road repellers to deter them from dangerous areas. The same team has produced 3D‑printed, crash‑test dummy hedgehogs to work with manufacturers on a future certification scheme for "hedgehog‑safe" mowers.Study co‑author Anne Berger of Germany’s Leibniz Institute for Zoo and Wildlife Research warned that injuries from robotic mowers place an "enormous burden" on animal‑care centres, with many victims discovered days or weeks after the incident, enduring prolonged suffering.German law already protects hedgehogs, imposing fines of up to €65,000 for illegal trapping, injury, or killing. Several cities—including Cologne, Leipzig and Munich—have already outlawed night‑time mower operation. However, a recent attempt by the Greens to enact a statewide ban in Bavaria was rejected.
#hedgehogs #lawnmowers #german
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Sports Apr 06, 2026

Spanish Coaching Blueprint Outshines German Man‑Marking as Europe’s Champions League Powerhouse

The article argues that Spain’s possession‑based, positionally disciplined coaching model has becom…
German coaches have long joked about “following your opponent into the loo”, a tongue‑in‑cheek reference to the old‑fashioned man‑marking system that once defined their defensive work‑rate. That approach resurfaced after Atalanta’s surprise Europa League triumph in 2024, but the tactic proved disastrous when the Italian side faced Bayern Munich in the Champions League round‑of‑16, suffering a 10‑2 aggregate defeat that highlighted its limitations against superior individual talent.While a few Bundesliga sides have begun to experiment with tighter marking again, the author warns that such a strategy can only serve as a short‑term surprise element – it cannot sustain a full 90‑minute match on a pitch that is simply too large for pure man‑to‑man battles.In contrast, Spanish teams continue to perfect a ball‑oriented defensive structure built on clearly defined positions, coordinated movement and a collective “swarm” that shifts the battle into the opponent’s half. This philosophy demands constant cooperation and tactical intelligence, turning one‑on‑one duels into moments of brilliance rather than the default defensive method.The results speak for themselves: Spanish clubs have captured 24 titles across the Champions League, Europa League and Cup Winners’ Cup since 2000, far outpacing England’s 11, Italy’s five and Germany’s four. Over the past twelve seasons, La Liga has supplied the Champions League winner in seven instances, and this year it again provides the most quarter‑finalists – Real Madrid, Barcelona and Atlético Madrid.Even when Spanish clubs are not the outright favourites, their influence permeates the competition. Managers such as Mikel Arteta and Luis Enrique, both products of the Barcelona coaching lineage, embed the Spanish style into English and French clubs respectively, while still adding their personal nuances.Spanish coaches now dominate the European scene: in the last‑16 stage of the three major tournaments, eleven managers are Spanish, more than double the count from any other nation, and three Spaniards are already represented in the quarter‑finals.Notable figures include Xabi Alonso, who halted Bayern’s dominance with Bayer Leverkusen, Unai Emery, who consistently elevates second‑tier clubs like Aston Villa, and Cesc Fàbregas, who is reshaping Serie A with Como. Even Pep Guardiola, after a rare Champions League exit, is reinventing his Manchester City side with fresh personnel and tactical tweaks, proving that even the most successful systems must evolve.At the national level, Luis de la Fuente has overseen Spain’s rise to European glory, guiding the senior side to the 2024 Euro title and adding two more continental crowns in the past five editions – a dominance unmatched since Germany’s golden era of the 1970s‑80s.By contrast, Italy’s historic football school appears to be in decline. No Italian club has reached this year’s Champions League quarter‑finals, and the national team failed to qualify for the World Cup for the third consecutive time, underscoring a widening gap between the Spanish and Italian models.The resurgence of man‑marking in Germany, even among elite defenders like Vincent Kompany at Bayern, hints at a possible tactical swing, but the author cautions that without a broader strategic framework it may prove as fleeting as the Atalanta experiment.Ultimately, the article posits that the Spanish coaching philosophy – a blend of technical excellence, positional discipline and collective intelligence – has become the benchmark for European success, leaving rivals to either adapt or risk obsolescence.
#Real Madrid #FC Barcelona #UEFA Champions League
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Features Apr 05, 2026

Israeli Restrictions Silence Holy Week in Jerusalem’s Christian Quarter, Deepening Palestinian Christian Crisis

Israeli orders tied to the US‑Israel war on Iran have forced shops and churches in Jerusalem’s Chri…
Occupied East Jerusalem – While Holy Week traditionally fills the Old City’s Christian Quarter with pilgrims and worshippers, the streets are now eerily quiet and storefronts remain shuttered.Palestinian shopkeeper Boulos, a man in his mid‑30s who asked to remain anonymous, still drags himself to his modest stall a few times a week, selling religious garments behind a half‑closed door to avoid Israeli orders that mandate closure of businesses in the quarter amid the ongoing US‑Israel conflict with Iran.After six years of pandemic‑related setbacks and successive wars, his business had only begun to recover when the October Gaza ceasefire was followed by a new wave of restrictions. “Before the war with Iran, we barely made enough to survive,” he said. “Now there is no income at all.”His only customer that day was an Ethiopian Christian woman buying a kilo of prayer candles for 35 shekels (about $11.20). “What can 35 shekels do for me?” Boulos lamented, underscoring the stark economic squeeze.Unlike many West Jerusalem shops, which have been allowed to stay open because of nearby bomb shelters, the Old City lacks such protection, leaving Palestinian businesses in the Christian Quarter effectively forced to shut. The area, heavily dependent on tourism, shows the least sign of life.Brother Daoud Kassabry, principal of the College des Frères school, described the scene as “the saddest Jerusalem I have ever seen.” Classes have been suspended for over a month, and the community feels the weight of an unprecedentedly difficult period.For the first time in centuries, Israeli police barred Cardinal Pierbattista Pizzaballa, the Latin Patriarch of Jerusalem, and other senior clergy from entering the Church of the Holy Sepulchre for Palm Sunday Mass. The Latin Patriarchate called the incident “unprecedented in centuries.”At a press conference, Cardinal Pizzaballa emphasized that while “all celebrations” have been cancelled for security reasons, “no one, not even the Pope, can cancel the liturgy of Easter.”Following the incident, leaders from Italy, France and the United States condemned the police action. Israeli Prime Minister Benjamin Netanyahu later defended the measure as a safety precaution, citing the absence of bomb shelters near the holy site, despite the cardinal’s residence being only metres away.Netanyahu’s justification raises questions about the long‑standing “status‑quo” arrangement that places custodianship of Christian and Muslim holy sites under the heads of their respective religious institutions and Jordan’s Waqf. Palestinian Christians interpret the rhetoric as evidence of an increasingly hostile environment under Israeli control.Bishop Emeritus Munib Younan recounted being spat on by Jewish yeshiva students in the Old City without any legal consequences. He now prefers to attend services in Bethlehem or a small church outside Jerusalem, where he feels “no one is pointing a gun at you.”“They want to show the world that this country is only meant for them – not Christians, not Muslims,” Younan said, reflecting a sentiment shared by many locals.Netanyahu later announced that religious ceremonies at the Holy Sepulchre would be permitted during Holy Week, but only for clergy, keeping the general public out. Observers noted the inconsistency, pointing out that Muslim worshippers have been barred from the Al‑Aqsa compound since late February, including during Ramadan, with only minimal international rebuke.The cumulative restrictions have crippled the already dwindling Palestinian Christian community, which now makes up less than 2 % of the population in Israel and the occupied territories. Traditional events such as the Way of the Cross procession and Holy Fire Saturday have been cancelled, eroding communal cohesion.Father Faris Abedrabbo of the Annunciation Latin Parish linked the current hardships to the Passion narrative, urging congregants to view their suffering through the lens of “steadfastness” – an active, spiritual resistance rather than passive endurance.Economic despair is prompting a new wave of emigration. Bishop Younan reported that many young Christians ask for help obtaining visas to the United States, Canada or Australia, fearing there is “no future” in Jerusalem. Boulos, the shopkeeper, admits he has considered leaving, noting that “they try to make us lose hope and abandon this land.”Despite the bleak outlook, Boulos continues to visit his shop, saying, “I come here to prove to myself that I still have hope, even if it feels endless.”
#church #israeli #jerusalem
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