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Business Apr 14, 2026

Nissan bets on AI‑driven cars as it slashes models and ramps up EV production

Nissan’s new turnaround plan targets AI‑defined vehicles, aiming to equip 90% of its fleet with aut…
Nissan announced a sweeping overhaul that places AI‑defined vehicles at the core of its revival strategy. Chief executive Ivan Espinosa said the automaker will eventually embed autonomous‑driving technology in 90% of its cars, positioning the brand for a future where self‑driving functions become standard. As part of the same initiative, Nissan will reduce its lineup from 56 to 45 models, redirecting capital toward higher‑margin offerings. The move follows a painful restructuring that has already seen seven factory closures and the loss of 20,000 jobs since Espinosa took the helm last year. Speaking at Nissan’s Yokohama headquarters, Espinosa warned that “structural challenges have compounded over time,” noting that the company’s portfolio has aged faster than the market and that fixed costs remain high despite declining scale. The Japanese automaker also unveiled its new battery‑electric Juke, a crossover SUV that will be built at the Sunderland plant in northern England. This model is a keystone of Nissan’s broader electrification push in Europe. While accelerating its EV agenda, Nissan reaffirmed a commitment to hybrid technology, unveiling a new hybrid Rogue (known as the X‑Trail in some markets) aimed at the US, where recent policy shifts have reduced incentives for fully electric cars. To fuel growth, Nissan set ambitious sales targets: an additional 550,000 units in Japan by 2030 and one million units each in the United States and China. The rapid rollout of autonomous capabilities is expected to boost demand for the technology, benefitting partners such as Wayve, the British AI startup that signed its first deal with Nissan a year ago. Bernstein analyst Masahiro Akita called the plan “reasonable” but cautioned that “ongoing macro uncertainty makes it unclear whether Nissan can sustain top‑line growth and achieve a genuine turnaround.”
#Nissan #Autonomous Driving #Electric Vehicles
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Books Apr 14, 2026

Michael Rosen Secures 2026 Hans Christian Andersen Award Amid Brexit Passport Snag

Renowned British author Michael Rosen has been honored with the 2026 Hans Christian Andersen Award …
Michael Rosen, celebrated poet and author of titles such as We’re Going on a Bear Hunt and Chocolate Cake, has been awarded the 2026 Hans Christian Andersen Award in recognition of his lifelong impact on children’s literature.The accolade makes him the fourth Briton to receive the honor, joining the ranks of Eleanor Farjeon, Aidan Chambers and David Almond.The International Board on Books for Young People (IBBY) praised Rosen’s work for echoing the rhythms of children’s language, blending playfulness with emotional depth and social awareness. IBBY highlighted his ability to foster empathy and spark conversations about history, family, loss, identity and society across poetry, novels and non‑fiction.The companion illustration prize was bestowed upon Chinese artist Cai Gao, whose distinctive visual language and high artistic quality expand the possibilities of children’s illustration. Past illustration laureates include Quentin Blake, who won in 2002.Rosen missed the award announcement at the Bologna Children’s Book Fair after being denied boarding on a flight from Stansted to Bologna due to post‑Brexit passport regulations. The rule requires UK passports to have been issued within the previous ten years and to retain at least three months’ validity on the day of departure.He later posted on X (formerly Twitter), noting the irony of being turned away because his passport was issued in March 2016 despite an expiry in August 2026, calling it a “Brexit benefit”.Despite the setback, Rosen received a call from an Italian woman informing him of his win, which he described as a “happy ending”.From a pool of 78 candidates across 44 countries, the jury evaluated the “distinctive literary and artistic qualities” of each entrant and their capacity to view the world through a child’s eyes. The formal award ceremony is slated for August in Ottawa.
#children #rosen #award
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Politics Apr 14, 2026

Dolly Parton Leads U.S. Favorability Survey, Surpassing Obama and Zelenskyy by Over 50 Points

A University of Massachusetts‑YouGov poll of 1,000 Americans finds country‑music icon Dolly Parton …
In a fresh University of Massachusetts and YouGov poll of 1,000 U.S. adults conducted in early April, country‑music legend Dolly Parton emerged as the most favorably viewed global figure, securing a 70% favorable rating and only 5% unfavorable, translating to a net favorability of +65%. Former President Barack Obama ranked second with a net favorability of +14% (50% favorable, 36% unfavorable). Ukrainian President Volodymyr Zelenskyy followed closely, posting a net favorability of +12% after 35% of respondents expressed a favorable view and 22% an unfavorable one. Other political figures fared poorly: former President George W. Bush earned a modest +5% net score, while Donald Trump and Joe Biden registered negative net favorabilities of ‑18% and ‑19% respectively. Pop star Taylor Swift managed a modest +3% net rating, and Russian President Vladimir Putin landed at the opposite extreme with a stark ‑65% net favorability. Parton’s dominance is notable not only for the size of the margin—over 50 percentage points ahead of her nearest rivals—but also because she is the only figure, aside from Obama, for whom a majority of respondents expressed a favorable opinion. Analysts attribute Parton’s success to her deliberately apolitical public persona and extensive charitable work. In a 2017 interview, she emphasized, “Everybody knows I don’t play politics,” a stance that has helped her maintain a broad bipartisan fan base. Her philanthropic impact is substantial. The Dollywood Foundation’s Imagination Library has donated more than 270 million books to children under five across the United States, Canada, the United Kingdom, Ireland, and Australia. Additional contributions include a $1 million gift to Vanderbilt University Medical Center that supported the development of the Moderna COVID‑19 vaccine, over $12 million to families displaced by the 2016 Tennessee wildfires, and ongoing funding for pediatric infectious‑disease research. Parton’s charitable achievements were recognized with the Carnegie Medal of Philanthropy in 2022**, and she was highlighted by Time as one of the most influential philanthropists of 2025. The poll’s findings suggest a public appetite for figures who embody generosity and cultural resonance without entanglement in partisan politics, underscoring a broader trend of voters gravitating toward non‑political icons in an era of heightened polarization.
#Dolly Parton #Barack Obama #Volodymyr Zelenskyy
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Sports Apr 14, 2026

Luis García on life after football: 'I didn't expect to feel that emotion again'

Former footballer Luis García opens up about his life after retirement, his new role as CEO of Joho…
Luis García, the former Atlético Madrid, Barcelona, and Liverpool player, thought he had left the intense emotions of football behind when he retired in 2016. However, while watching his current club, Johor Darul Ta'zim, celebrate a historic win in Malaysia, he found himself overcome with emotion. "I was always very competitive and once I had left football, I thought I wasn’t going to have those feelings I had before," García says. "I still enjoy football, still play seven-a-side with my friends – every Saturday at 10am, Los Jareños Club de Futbol – but I thought I had lost that and it wasn’t coming back. In fact, I was trying to avoid it; I didn’t want it. So when it happened, it surprised me. I didn’t expect football to give me that again. But there I was, crying."García is now the chief executive of Johor Darul Ta'zim, a Malaysian club that has made history by reaching the quarter-finals of the Asian Champions League. He credits the club's success to its strong structure, including coaches, analysis, assistants, fitness staff, and a digital team.The club's owner, Tunku Ismail Idris, the crown prince of Malaysia, has been instrumental in its growth, taking the team to 12 league titles. García says that Idris is "very active, inquisitive" and has a good understanding of the game.García's role as CEO involves implementing the club's vision, finding ways to improve, and liaising with the operations manager. He also travels with the sporting director to scout players and has been involved in school visits and hospital engagements.The team's success has been built on a strong squad, including Australians, New Zealanders, Americans, Koreans, Portuguese, Spaniards, Argentinians, Brazilians, a Colombian, and the former Wolves midfielder Hong Wan. Arif Aiman, a Malaysian player, has been described by García as "the pearl of Malaysia" due to his quick skills, goal-scoring ability, and potential to play in Europe.
#Luis García #Johor Darul Ta'zim #Malaysia Super League
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Business Apr 14, 2026

HSBC warns Iran conflict is eroding global economic confidence and inflating energy costs

HSBC chief executive Georges Elhedery said the Iran war is already denting worldwide economic confi…
HSBC’s chief executive, Georges Elhedery, told Bloomberg Television at a conference in Hong Kong that the ongoing Iran war is undermining global economic confidence. He warned that the conflict’s duration could amplify price pressures on commodities such as oil, refined products, fertilisers and metals, extending the impact far beyond the Middle East. Brent crude, which had briefly risen above $100 per barrel, slipped 0.9% to $98.5 per barrel after a U.S. blockade of Iranian ports took effect. Negotiations between the United States and Iran are set to resume in Islamabad, but no agreement was reached in the previous talks. In London, the FTSE 100 edged up 22 points (0.21%) to 10,605, even as Imperial Brands led the losers, citing a “more uncertain geopolitical and macro environment.” The UK recruitment firm PageGroup warned that the Middle East conflict is creating an “increasingly uncertain outlook” for the rest of the year, with salaries lagging behind 2022‑2023 levels across the UK, Europe, the Middle East and Asia. HSBC holds a 31% stake in Saudi Awwal Bank, making it one of the European banks most exposed to the region, which contributes roughly 4% of its pre‑tax profit according to JP Morgan analysts. Nevertheless, Elhedery noted that capital outflows from the Middle East have been “very benign” so far. Since the U.S. and Israel began striking Iran on 28 February, some affluent Middle‑Eastern investors have started exploring relocation to financial hubs such as Singapore and Hong Kong. HSBC chair Brendan Nelson stressed that a peace settlement is essential to restore global energy flows, warning that prolonged disruption would lift inflation and suppress growth. “The longer the disruption continues, the more the indirect effects from higher energy costs will lift inflation and depress growth,” he said at the HSBC Global Investment Summit. Manufacturers reliant on petroleum‑derived synthetic fabrics, such as sportswear maker Castore, reported cost increases of 10‑15% and warned that continued conflict could push those costs onto consumers. Co‑founder Tom Beahon described price volatility as “very difficult to plan,” with daily swings of up to 40%. Logistics are also strained: airlines have reduced flights and vessels remain stranded in the Strait of Hormuz, complicating product shipments. Castore hopes that a resolution in the coming weeks will limit the impact on customers. Virgin Atlantic chief executive Corneel Koster told the Financial Times that jet‑fuel prices have more than doubled since the war began, adding that “some of this disruption to global energy prices will be here to stay.” UK Chancellor Rachel Reeves, speaking at the IMF and World Bank spring meetings, called for coordinated economic action, stating that the Iran conflict must become “a line in the sand” for how the world handles crises and instability.
#HSBC #Iran #oil prices
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World Apr 14, 2026

US Enforces Naval Blockade on Iranian Ports Amid Escalating Conflict

The US has initiated a naval blockade on Iranian ports, escalating tensions in the six-week-old con…
The US naval blockade of Iranian ports in the Gulf has taken effect, marking a significant escalation in the ongoing conflict between the US-Israeli coalition and Iran. The blockade, which began on Monday at 5:30 pm Iranian time, applies to any ships entering or departing Iranian ports or coastal areas.US Central Command (Centcom) did not make a formal announcement, but the move is seen as a test of economic endurance for both nations. The blockade aims to restrict Iran's oil exports and imports, potentially costing the country approximately $276 million a day in lost exports and disrupting $159 million a day in imports, according to Miad Maleki, a former US treasury official.Iran has warned that the blockade will lead to higher petrol prices, which could impact ordinary Americans. The country's parliamentary speaker, Mohammad Bagher Ghalibaf, taunted the US, saying Americans would soon be nostalgic for $4-$5 gas. The current average petrol price in the US is $4.13 a gallon, up from $2.98 before the conflict began.The conflict has also drawn in other nations, with France planning to organize a conference to create a multinational mission to restore navigation in the Strait of Hormuz. However, Germany, Spain, Italy, Poland, and Greece have ruled out sending naval forces to support the blockade. The UK has also stated that it does not support the blockade and will not be drawn into the war.The situation remains volatile, with Iran threatening to retaliate if its ports are threatened, and the US warning that any Iranian attack boats approaching the US flotilla will be "immediately eliminated". The conflict has also sparked a war of words between US President Donald Trump and Pope Leo XIV, with the pope condemning the use of religious language to justify the war in Iran.
#trump #blockade #iranian
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World Economy Apr 14, 2026

US Energy Prices Remain High Despite Jones Act Suspension

Despite a 60-day waiver of the Jones Act by President Trump, US energy prices continue to rise. The…
Energy prices in the United States have continued to surge, even after President Donald Trump's administration issued a 60-day waiver of the Jones Act, a maritime law that restricts foreign-flagged vessels from transporting goods between US ports.The waiver, which came into effect on March 18, was intended to alleviate pressure on energy supplies by allowing more foreign vessels to transport goods domestically. However, experts say the impact on oil prices has been negligible, with oil prices rising 4 percent on the day amid a US blockade of Iranian ports.“It is estimated that it’s going to be about 3 cents on the East Coast and it might go up on the Gulf Coast, but these changes are so small that they’re overshadowed by the spikes in oil prices, and the oil prices keep going up,” said Usha Haley, a professor of management at Wichita State University.The Containerized Freight Index, a benchmark for shipping container costs, has jumped more than 10 percent over the last month and is up more than 35 percent from this time last year. The average price of gas in the US has also increased to $4.125 per gallon, up from $3.63 at this time last month.Despite the waiver, shippers have adapted their routes, with more than 34,000 ships diverting from the Strait of Hormuz over the past month. Major vessel insurers have also cancelled war risk coverage for ships travelling through the waterway, dissuading ship owners from going through the Gulf.Experts predict that fuel prices will only normalise once traffic through the strait returns to pre-war levels. The ongoing conflict and disruptions to transit through the Strait of Hormuz have contributed to the sustained high energy prices.
#oil #prices #through
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News Apr 14, 2026

Senator Bernie Sanders Moves to Block $500 Million in US Arms to Israel as Iran Conflict Escalates

Senator Bernie Sanders announced he will force a Senate vote on a resolution to halt roughly $500 m…
Senator Bernie Sanders declared on Monday that he will force a vote later this week on a resolution designed to stop the sale of nearly $500 million in bombs and bulldozers to the Israeli military. The procedural maneuver bypasses the Senate majority leader, signaling a direct challenge to the administration’s policy of unconditional support for Israel.Sanders framed the measure as a response to what he described as the "extremist Netanyahu government" responsible for alleged genocide in Gaza, arguing that American taxpayers should not fund further military operations that exacerbate civilian suffering.While the Republican‑controlled Senate is unlikely to approve the resolution, the vote will serve as a barometer of Democratic sentiment toward Israel, especially as anger over the U.S.–Israel war on Iran and ongoing atrocities in Gaza and the West Bank intensifies.Last year, Sanders introduced a comparable bill that was defeated 27‑70. At that time, a majority of Senate Democrats had supported the effort, reflecting an erosion of the once‑solid bipartisan consensus backing Israel.Public opinion data underscores this shift: a February Gallup poll found that only 46 % of Americans hold favourable views of Israel, and a mere 17 % of Democratic respondents say they sympathise more with Israelis than Palestinians.Since the conflict began, the United States has provided Israel with over $21 billion in military assistance during the first two years of the Gaza war, a figure that critics argue fuels continued violence.Adding pressure from the advocacy side, liberal Zionist organization J Street issued its first call to phase out U.S. aid to the Israeli military, citing the combined impact of the Gaza war, rising extremist activity in the West Bank, and the U.S.–Israel confrontation with Iran.J Street urged Washington to consistently apply existing legal restrictions—such as the Leahy Law—that prohibit security assistance to countries implicated in human‑rights abuses, a standard it says has been routinely overlooked in Israel’s case.The upcoming Senate vote, therefore, not only tests the durability of the U.S.–Israel security partnership but also reflects a broader reevaluation of American foreign‑policy priorities amid a volatile Middle‑East landscape.
#israel #war #sanders
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Politics Apr 14, 2026

Lebanon Conflict Escalates: Israel Strikes Continue as Talks Looms

The conflict in Lebanon intensifies as Israeli strikes persist, with talks scheduled in an effort t…
The situation in Lebanon remains volatile as Israeli strikes continue, prompting concerns of further escalation in the region. Despite these developments, efforts towards diplomacy are underway, with talks scheduled in an attempt to mitigate the conflict.The ongoing conflict between Lebanon and Israel has been a point of contention for years, with periods of relative calm often punctuated by outbreaks of violence. The current escalation is a stark reminder of the fragile peace in the region and the need for sustained diplomatic efforts.International observers are closely monitoring the situation, hoping that the scheduled talks will lead to a de-escalation of tensions and a return to stability for the people of Lebanon and the broader region.
#Israel #Lebanon #Hezbollah
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