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Business Mar 31, 2026

Unilever’s $44.8 bn Food Merger with McCormick Triggers 7% Share‑price Fall

Unilever is merging its $12 bn food arm with US condiment maker McCormick in a $44.8 bn deal that p…
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.
#Unilever #McCormick #Food Merger
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Sports Mar 31, 2026

England Suffers 0-1 Defeat to Japan in Wembley Friendly

England lost 0-1 to Japan in a friendly match at Wembley, with Kaoru Mitoma scoring the winning goa…
England suffered a 0-1 defeat to Japan in a friendly match at Wembley, with Kaoru Mitoma scoring the winning goal. The match saw several England players struggle, including Ben White and Kobbie Mainoo, who received low ratings.Jordan Pickford had a mixed game, with no chance to save Mitoma's goal but making a good save from Ritsu Doan. He received a rating of 6. Marc Guéhi was one of the better performers in defense, blocking a shot in the second half and earning a rating of 6.The defeat raises questions about England's form, particularly with Phil Foden and Anthony Gordon struggling to make an impact. The team's World Cup hopes may be affected by this loss.Substitutes Jarrod Bowen, Lewis Hall, Dominic Solanke, and Marcus Rashford all received positive ratings, but it was too little, too late to change the outcome of the match.
#england #japan #wembley
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Sports Mar 31, 2026

Newcastle's Eddie Howe Under Pressure as Club Faces Crucial Seven-Game Stint

Newcastle manager Eddie Howe faces a critical seven-game period to secure his job for next season, …
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.
#Newcastle United #Eddie Howe #David Hopkinson
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Sports Mar 31, 2026

Roberto De Zerbi Takes the Reins: Can He Revive Tottenham's Fortunes?

Tottenham Hotspur has appointed Roberto De Zerbi as their new head coach on a five-year contract. D…
Tottenham Hotspur has confirmed the appointment of Roberto De Zerbi as their new head coach on a five-year contract. The Italian manager, described by Pep Guardiola as “one of the most influential managers in the last 20 years,” joins Spurs after a successful stint at Brighton & Hove Albion.De Zerbi's appointment comes at a crucial time for Tottenham, who have struggled in recent seasons. His predecessor, Igor Tudor, had a disastrous interim spell, and the team is in need of a new direction. De Zerbi's managerial style, characterized by energetic pressing and fast transitions, has drawn praise from fans and pundits alike.During his time at Brighton, De Zerbi led the club to a sixth-place finish in the Premier League and secured European football for the first time. His success at Brighton has created high expectations, and Tottenham fans will be hoping he can replicate this success at Spurs.However, De Zerbi's departure from Brighton was marked by controversy, as he fell out with the club's owner, Tony Bloom, over squad recruitment. This has raised concerns about his ability to work with the Spurs hierarchy.De Zerbi's appointment is seen as a gamble by the Spurs hierarchy, given his tendency to shoot from the hip and his history of disagreements with Brighton’s owner. Nevertheless, his ambitious and influential managerial style has generated excitement among Tottenham fans.The 46-year-old Italian manager will have no time to implement his favoured 4-2-3-1 system with only seven games remaining to ensure Premier League survival. Assurances of major summer investment to reshape the squad to his vision will be a prerequisite for success.At a club that has been drifting for some time, perhaps De Zerbi can give Tottenham some desperately needed new direction. His ability to adapt to a new country and team was evident during his time at Marseille, where he led the team to second place in Ligue 1.
#Tottenham Hotspur #Roberto De Zerbi #Premier League
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Environment Mar 31, 2026

David Attenborough’s ‘Secret Garden’ confronts cat predation and eco‑anxiety in a bold new UK nature series

The BBC’s new series ‘Secret Garden’, narrated by David Attenborough to mark the broadcaster’s cent…
David Attenborough’s voice returns to British screens in ‘Secret Garden’, a BBC One series launched to celebrate the network’s 100th birthday. Unlike his classic wildlife documentaries, the show turns the lens toward the UK’s own backyards, exploring how gardens can rival tropical rainforests in biodiversity.Series producer Bill Markham explains that the programme deliberately avoids the usual “lions and tigers” spectacle, aiming instead for a relatable, garden‑centred narrative. He notes that British gardens collectively cover more area than all national nature reserves combined, and that an average garden can host up to 2,600 different species.The series tackles the contentious issue of domestic cats. With 9.5 million pet cats in Britain, Attenborough reveals they may kill around 55 million birds each year. Simple measures—such as fitting cats with bells—can slash hunting success by one‑third, while raising bird feeders reduces fatalities further.Markham stresses that the current predator‑prey balance is “unfair on the prey”, noting that cats are “the biggest predator in our gardens” yet are constantly fed, leading to an unsustainable population. He cites ecologist Dr Davide Dominoni, who suggests that keeping cats indoors during the breeding months of April and May could dramatically lower bird deaths.Beyond cats, the series examines other garden‑linked wildlife challenges. Each year, over 30 million pheasants—an Asian species—are released into the countryside, where they prey on native insects, reptiles, and amphibians. Markham argues that despite the countryside lobby’s claim that pheasant shooting sustains rural jobs, the practice “mess‑es with the ecology”.‘Secret Garden’ also showcases rare footage, including a pine marten hunting sand martins, an otter preying on ducks, and intricate mayfly battles reminiscent of the famed “snakes vs. iguana” scene from Planet Earth II. These moments underline the hidden drama unfolding in everyday green spaces.Markham hopes the series will soothe the growing eco‑anxiety many feel about climate change. He points out that the UK boasts roughly 25 million gardens, with 80 % of the population having access. Simple actions—like planting a native tree to boost caterpillar supplies for birds—can make a measurable difference.While the show may provoke cat owners and countryside advocates, Markham believes the nation’s love for “animals, gardens and David Attenborough” will drive a collective re‑thinking of garden stewardship. As Attenborough reflects, his first encounter with nature likely occurred in his own garden, setting him on the path to becoming the world’s most renowned naturalist.‘Secret Garden’ airs from 5 April on BBC One and iPlayer.
#David Attenborough #BBC #Secret Garden
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Sports Mar 31, 2026

Saki Kumagai pledges to mentor Japan’s rising stars after landmark Asian Cup victory

Veteran defender Saki Kumagai, the last link to Japan’s 2011 World Cup triumph, reflects on the tea…
After clinching the 2026 Asian Cup in Australia, 35‑year‑old defender Saki Kumagai was asked to rank the trophy among the many she has collected over a 17‑year career. She smiled, shook her head and said, “I never compare my titles… this team is from a different generation, so winning this tournament means a lot.” Kumagai is the sole remaining player who lifted the Women’s World Cup in 2011 – the first and only Asian nation to do so. At 21, she scored the decisive penalty in the shoot‑out against the United States, a victory that came just months after the devastating earthquake and tsunami that struck Japan. Today, the squad she captains features teenagers who were toddlers when she made history: forward Maika Hamano was seven, centre‑back Toko Koga five, and top scorer Riko Ueki twelve when Kumagai’s winning penalty was replayed on TV. Kumagai admits she offers little direct advice, but she leads by example, saying, “I try to pass the baton to the next generation to show them how to perform in these moments.” The transition is no accident. In 2005 the Japanese Football Association unveiled a 50‑year vision aimed at expanding participation, climbing FIFA rankings and eventually hosting – and winning – a World Cup. Halfway through that plan, Japan now sits fifth in the FIFA women’s rankings, having added an Olympic silver medal (2021), a second World Cup final (2015), and three Asian Cup titles (2014, 2018, 2026) to its résumé. While the men’s game has progressed more slowly, the women’s side has surged ahead, bolstered by the launch of Asia’s first full‑time professional women’s league in 2021. This structural backbone has produced a squad “propelled by young stars,” as Kumagai notes. Currently playing for the London City Lionesses after spells at Olympique Lyonnais, Bayern Munich and Roma, Kumagai sees herself as a bridge between eras. She hopes her experience will help Japan reclaim the sport’s summit. “We have a lot of good young players,” she says. “They have confidence, they’re gaining experience in Europe, and as an experienced player I want to create a supportive environment for them.”
#team #japan #she
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Books Mar 31, 2026

2026 International Booker Prize Shortlist Revealed: Six Authors Compete for Top Honor

The 2026 International Booker Prize shortlist has been announced, featuring six authors from around…
The 2026 International Booker Prize shortlist has been unveiled, marking the award's 10th anniversary. Daniel Kehlmann, Marie NDiaye, and Yáng Shuāng-zǐ are among the six authors competing for the top honor.The annual prize celebrates the best works of fiction translated into English, with the winning author-translator pair receiving £50,000, split equally.The shortlisted authors and their works are:Daniel Kehlmann - 'The Director', translated by Ross BenjaminMarie NDiaye - 'The Witch', translated by Jordan StumpYáng Shuāng-zǐ - 'Taiwan Travelogue', translated by Lin KingRene Karabash - 'She Who Remains', translated by Izidora AngelShida Bazyar - 'The Nights Are Quiet in Tehran', translated by Ruth MartinAna Paula Maia - 'On Earth As It Is Beneath', translated by Padma ViswanathanThe judging panel, chaired by author Natasha Brown, praised the shortlisted books for capturing moments from across the past century, saying they 'reverberate with history' and offer 'hope, insight and burning humanity.'The winner will be announced on May 19, with each shortlisted title receiving £5,000.
#translated #prize #shortlisted
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Politics Mar 31, 2026

California Defies Trump with New AI Regulations Focused on Public Safety

California Governor Gavin Newsom has signed an executive order to impose new regulations on AI comp…
California is taking a significant step in regulating the artificial intelligence (AI) industry by introducing new standards for companies seeking to do business with the state. This move directly contradicts former President Donald Trump's stance on keeping the industry as deregulated as possible. Governor Gavin Newsom signed an executive order on March 30, giving the state four months to develop AI policies that prioritize public safety. Companies hoping to secure contracts with California will be required to demonstrate policies that prevent AI from distributing child sexual abuse material and violent pornography. They must also show how their models avoid incorporating “harmful bias” and detail policies aimed at avoiding “unlawful discrimination, detention, and surveillance”. The order also directs the state to come up with best practices for watermarking AI-generated or -manipulated images and videos. Newsom emphasized California's commitment to innovation while ensuring that companies protect people's rights and do not exploit or put them in harm's way. California's actions are part of a broader trend of state-level attempts to regulate an AI industry that has raised public safety concerns and worries about the potential for job displacement due to automation. According to the New York Times, states have passed more than 100 laws to shield children from chatbots and to block AI companies from using copyright-protected material. The White House issued a national policy framework for AI in December that discouraged states from passing such regulations, with Trump's executive order calling for minimal regulation to allow U.S. AI companies to innovate freely. In response, the Justice Department established an “AI Litigation Task Force” to challenge state AI regulations.
#California #Gavin Newsom #Artificial Intelligence
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Film Mar 31, 2026

Ghost Killer Review: Supernatural Action-Comedy Shines with Karate Chopping and Gunslinging

The Japanese action-comedy film 'Ghost Killer' stars Akari Takaishi as Fumika, a college student wh…
The Japanese action-comedy film 'Ghost Killer' presents a unique blend of supernatural elements and high-octane action. Akari Takaishi stars as Fumika, a college student and part-time waitress who, after picking up a bullet casing, becomes connected to the ghost of Kudo, a recently murdered hired assassin.Kudo's ghost inhabits Fumika's body, allowing him to use her as a karate-chopping, gun-slinging martial arts vessel to right wrongs and avenge his own murder. This setup enables the film to deliver thrilling action sequences, showcasing fisticuffs and fancy fight choreography.Director Kensuke Sonomura, who previously worked on the successful 'Baby Assassins' franchise, brings his expertise in action direction to the film. Takaishi, who collaborated with Sonomura on 'Baby Assassins,' demonstrates her charisma and impressive range as Fumika, convincingly portraying both her vulnerability and deadly efficiency when possessed by Kudo.The film's script, written by Yugo Sakamoto, balances action with meaningful themes, including women's rights and the fight against male aggression. Notably, Fumika's character is presented in a practical and empowering way, often wearing tracksuit trousers, a puffer coat, and a knitted beanie, avoiding objectification.'Ghost Killer' is set to release on digital platforms from April 6, offering a fresh take on the action-comedy genre with its blend of supernatural intrigue and martial arts excitement.
#her #fumika #kudo
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