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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.

Eddie Howe, the manager of Newcastle United, is under pressure to deliver a strong finish to the season, with seven games remaining to convince the club's hierarchy that he is the right person to lead the team into next season.The recent 2-1 home defeat to Sunderland has heightened tensions, with chief executive David Hopkinson expressing his displeasure at the result. Hopkinson emphasized that the loss was taken seriously and had a significant impact on the club.Despite this, Hopkinson stopped short of confirming Howe's position, stating that the club is focused on the current season's competition and will discuss the future when the time is right. He also mentioned that Howe's contract extension in 2023 was a 'multi-year' deal, adding stability to his tenure.Howe has cited the sale of Alexander Isak to Liverpool for £125m as a factor hindering the team's progress, but Hopkinson supported the decision, suggesting that Newcastle needs to become a 'trading' club to sustain itself.The club's financial results for the year ended June 2025 showed record revenues of £335.3m and a 44% increase in commercial income, resulting in a post-tax profit of £34.7m. Hopkinson is optimistic about the club's growth potential, aiming for Newcastle to be 'in the debate' about the world's best clubs by 2030.

Former England rugby prop Mako Vunipola has confirmed he will be joining Leicester Tigers this summer. The 35-year-old, who has 79 England caps and was part of three British & Irish Lions tours, will reunite with his former England teammate and Leicester head coach, Geoff Parling.Vunipola, currently playing for Vannes in France's ProD2, has opted to extend his career by a year with the Tigers. Parling expressed his excitement about Vunipola's addition, highlighting his experience and skill as valuable assets to the team.“He was hungry for the chance to come back to the Prem and finish in the comp he knows best,” Parling said. The signing is seen as a significant boost to Leicester's pack for the upcoming season.Vunipola spent 13 years of his career at Saracens and will also mentor Leicester's academy youngsters with a view to a possible future coaching career.“It still hasn’t sunk in,” Vunipola said. “It’s something I would never have envisaged but I am honoured to be part of this prestigious club. Tigers are an incredibly well‑supported club and their fans are so passionate about their rugby.”In other rugby news, Exeter Chiefs have announced the signing of Sam Harris from Bath on a two-year deal. Additionally, Leinster and South Africa have been dealt a blow with RG Snyman likely to be out for the rest of the year due to a knee injury.

Mbappé, now 27 and entering his third year as France captain, admits the shift from star player to team caretaker feels "strange" but rewarding. Approaching his 100th cap, the Real Madrid forward says he now prioritises the collective over personal glory.He highlighted that the squad possesses more talent and potential than in 2022, noting that if current form continues he will soon surpass Olivier Giroud’s 57‑goal record, sitting just one goal behind the veteran after a recent strike against Brazil.France’s recent friendlies in the United States underscore that confidence. A 2‑1 win over Brazil saw Dembélé feed Mbappé for the opener, with Hugo Ekitike adding a second, while a 3‑1 victory against Colombia featured first‑time scorer Désiré Doué and a crucial header from Marcus Thuram.The attacking depth is now a hallmark of Didier Deschamps’ side. Alongside Mbappé, Ousmane Dembélé, Michael Olise, Rayan Cherki and Hugo Ekitike rotate fluidly across the front line, offering creativity and unpredictability that render the old “Mbappé‑Giroud foil” obsolete.Defensively, the team showed signs of vulnerability. Misplaced passes and missed tackles were evident, though Maxence Lacroix earned his first cap against Colombia and impressed enough to stake a claim for the World Cup roster.Logistical hiccups also featured in the US tour. Coach Deschamps complained about lengthy airport checks and a mid‑match cooling break that disrupted momentum, describing the three‑minute pause as “not ideal” for teams on the verge of breaking down opponents.Despite these concerns, the camp’s mood remains optimistic. Mbappé believes the squad can “aim high,” while Deschamps continues to fine‑tune his final selection, aware that a wealth of attacking talent alone does not guarantee tournament success.

Palantir’s senior UK representative has warned ministers against yielding to ideologically motivated campaigners as they explore the possibility of terminating a £330 million NHS contract for the company’s Federated Data Platform (FDP).The FDP, an AI‑enabled system intended to unify patient information across the health service, is part of a broader portfolio that includes contracts with the Ministry of Defence, several police forces and the UK’s financial regulator.Louis Mosley, executive vice‑chair of Palantir UK, told The Times that abandoning the deal would jeopardise patient care and hinder progress on the NHS’s most pressing challenges. He highlighted that the platform is projected to generate £150 million in benefits by the end of the decade, delivering a £5 return for every pound spent.According to the Financial Times, senior officials have begun informal discussions about activating a break clause that would allow the FDP’s operation to be transferred to an alternative provider once the system becomes fully operational next year.Palantir, a US‑based data‑analytics firm with ties to the Israeli and US militaries and former U.S. Immigration and Customs Enforcement contracts, has faced sustained opposition from the British Medical Association, which has long criticised the use of its technology in patient‑care settings.Health officials acknowledge the reputational risk, noting that the controversy now extends beyond traditional Labour‑left and Green Party critics. A Department of Health and Social Care spokesperson emphasised that the FDP is designed to improve care coordination, accelerate cancer diagnoses and increase treatment capacity, while maintaining strict data‑security safeguards.Health Secretary Wes Streeting, speaking on the Guardian Politics Weekly podcast, recognised public unease about Palantir’s political affiliations, referencing founder Peter Thiel’s right‑wing connections. He reassured listeners that Palantir does not have direct access to patient data, stating, "The platform is operated by us; Palantir never sees the data."Adoption of Palantir’s technology within the NHS has risen from 118 to 151 organisations since June, though it remains short of the government’s target of 240 organisations by year‑end. Labour backbencher Clive Lewis noted that the issue is becoming a visible concern for voters, reflecting broader anxieties about AI and foreign‑owned infrastructure in critical public services.

Unilever, the maker of Marmite and Hellmann's mayonnaise, has agreed to a $44.8 billion deal to combine its food business with US-based McCormick. The deal, which is forecast to result in $600 million of annual cost savings by the end of the third year, will give Unilever majority control of the new company.Under the agreement, McCormick will pay Unilever $15.7 billion in cash and the equivalent of $29.1 billion in shares for most of Unilever's food arm. The new company will combine brands such as Knorr and Pot Noodle with McCormick's condiments and spices, including French's mustard and Cholula hot sauce.Unilever will control 65% of the new spin-off, while McCormick executives will lead the combined company. The deal marks the end of nearly a century of Unilever selling food products in competition against big rivals such as Kraft Heinz, Nestlé, and PepsiCo.The remainder of Unilever, valued at about £100 billion, will focus on beauty, personal care, and home products, repositioning it to compete directly with large household and personal care companies including L'Oréal, Beiersdorf, and Estée Lauder.

MLS Commissioner Don Garber has hit back at Ibrahim Hassan, Egypt's national team director, who advised Mohamed Salah to avoid MLS and consider a move to the Saudi Pro League instead. In an interview with the Guardian, Garber suggested that Hassan should watch Lionel Messi star for Inter Miami to understand the league's quality. Garber stated, 'Leo Messi is the most popular player in the world. He was, and he still is. I'd be happy to send an Apple subscription to the head of the Egyptian FA so he can watch as many Messi games as he'd like.'This is not the first time a senior soccer figure has questioned MLS's caliber. In 2016, Gian Piero Ventura left Sebastian Giovinco out of Italy's squad, saying 'he plays in a league that doesn't matter much.' However, MLS has attracted several high-profile players, including Gareth Bale and James Rodríguez, who have used the league to regain form ahead of international tournaments.Garber emphasized MLS's growth, noting that the league supplied 36 players to the 2022 World Cup, more than any league system outside of Europe's top five. He also highlighted the development of players like Obed Vargas and Brian Gutiérrez, who have progressed from MLS academies to represent Mexico's national team.According to Opta's league power rankings, MLS is currently ranked 13th globally, between Poland's and Croatia's top flights. In contrast, the Saudi Pro League is ranked 37th. Garber concluded, 'We're just constantly dealing with this perspective that we, Americans, will never get it, and it's just not true. We've got dozens of players [who came through MLS teams] playing in Europe. We've got some of the best players in the world playing here.'

A homebuyer faced a harrowing experience when NatWest's banking error nearly cost them their new home. Two weeks before completing the purchase, the buyer notified NatWest of the £260,000 transfer to their solicitor, but the bank refused access to the funds.The bank initially instructed the buyer to use a public fax bureau to transmit sensitive details, then required a biometric resubmission in a branch. Despite the buyer's location in Northern Ireland, NatWest directed them to branches in Cornwall and the Hebrides, causing significant inconvenience.The vendors lost patience and re-listed the property while the buyer was dealing with NatWest's issues. In desperation, the buyer contacted NatWest's fraud department, which eventually allowed a Chaps payment instruction by phone. However, the bank incorrectly recorded the sort code, causing further delays.NatWest offered £175 in compensation for the error. The case is now with the Financial Ombudsman Service, and the bank has acknowledged a "service failing" and a "slight delay" caused by their mistake.

Syrian President Ahmed al-Sharaa has embarked on a significant diplomatic visit to Germany, where he met with President Frank-Walter Steinmeier and Chancellor Friedrich Merz to discuss the reconstruction of his war-torn country and the potential return of refugees. During his visit, al-Sharaa highlighted investment opportunities in Syria's energy, transport, and tourism sectors, portraying his homeland as a diverse nation with a wealth of skilled people. He expressed his desire to see some of the Syrians who fled to Germany return to help with reconstruction efforts, particularly those who have acquired German expertise and education. German leaders have expressed their support for Syria's reconstruction. German Foreign Minister Johann Wadephul pledged to support reconstruction efforts, stating that the Syrians deserve a chance to rebuild their country. Chancellor Merz, who has been keen to limit irregular immigration, also suggested that many Syrians would return home voluntarily, citing the end of the war. The visit comes as Germany has resumed deportations to Syria, although only a handful of cases have been processed so far. About one million Syrians fled to Germany in recent years, many arriving in 2015-2016. However, protests have been registered in Berlin against plans to send refugees back to Syria, under the slogan 'No deportation deals with human rights abusers.' Al-Sharaa's visit was initially planned for January but was postponed due to ongoing fighting in Syria. His trip marks a significant step in Syria's efforts to rebuild and reintegrate with the international community, with Germany playing a crucial role in supporting these efforts.