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World Economy Mar 26, 2026

Co-op CEO Steps Down Amid Cyber-Attack Fallout and Toxic Culture Claims

The Co-op Group's CEO, Shirine Khoury-Haq, is stepping down after a difficult year marked by a cybe…
The Co-op Group has announced that its chief executive, Shirine Khoury-Haq, will step down this weekend after a challenging year that included a cyber-attack and recent claims of a “toxic” culture at the business.Khoury-Haq will depart on 29 March, and Kate Allum, a board member and former boss of the dairy group First Milk, will step in as interim boss while a permanent replacement is sought.The company, which owns more than 800 funeral parlours and an insurance and legal advisory business, as well as operating more than 2,000 convenience stores, reported an underlying loss of £125m. This is a significant drop from a £45m profit the year before, largely due to a £107m profits hit from the damaging IT hack.Khoury-Haq denied that her resignation was linked to the allegations of a toxic culture, stating that her decision to leave was a personal one. She expressed her desire to “go and do something else”.Sales at Co-op fell 2.3% to £11bn in the year to 3 January, following the mutual’s shops being left with gaps on shelves after the cyber-attack, which knocked £285m off sales.The group cited a “contracting convenience market” and “layered cost headwinds” of about £150m during the year, due to increases in employers’ national insurance, pay and packaging taxes.Khoury-Haq’s departure comes a month after reports of concerns about the culture at the top of the group. In February, the Co-op defended the behaviour of its bosses after reports said senior managers had complained of a “toxic” environment at the retailer.
#co-op #culture #year
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World Mar 26, 2026

Sudan Civil War: Drone Strikes Kill 28 Civilians Amid Ongoing Conflict

At least 28 civilians have been killed in two separate drone strikes in Sudan, highlighting the esc…
The conflict in Sudan continues to intensify, with two drone strikes resulting in the deaths of at least 28 civilians. The strikes occurred in separate locations, with one hitting a market in Saraf Omra, North Darfur state, killing 22 people, including an infant, and injuring 17 others. Another strike targeted a truck carrying civilians on a highway in North Kordofan, approximately 500 miles east of Darfur, killing six people and wounding 10. The RSF was blamed for the attack, although it is unclear which side launched the drone. Sudan's civil war, which began on April 15, 2023, has led to over 11.6 million people being displaced out of a population of about 51 million. The conflict has resulted in tens of thousands to potentially over 400,000 deaths. The situation has been described as the world's worst humanitarian crisis, with large areas of the country at risk of famine. The UN has reported a significant increase in civilian deaths from drone strikes this year, particularly in the Kordofan region. Between January 1 and March 15, over 500 people were killed by drones. A recent drone strike on a hospital in East Darfur killed 64 people and wounded 89, according to the World Health Organization.
#drone #people #more
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World Economy Mar 26, 2026

Iran War Fuels Surge in Solar Panel Sales as Britons Seek Energy Independence

The Iran war has triggered a significant surge in solar panel sales across the UK, with Octopus Ene…
Solar panel sales have surged dramatically since the onset of the Iran war, according to Octopus Energy, with British households increasingly opting for larger rooftop installations to achieve energy independence.The company reported a 54% increase in sales this month compared to the same period last month, marking a significant shift in consumer behavior amid global energy uncertainty.Rebecca Dibb-Simkin, Octopus Energy's chief product officer, observed: "We are seeing a massive shift as people stop just asking and start acting. British families are tired of being held hostage by global fossil fuel prices. By switching to solar and heat pumps, they are becoming their own power stations, locking in low costs and protecting their wallets for the long term."Octopus noted that many customers are choosing "supersize" systems with 12 panels instead of the typical 10-panel arrays. Additionally, heat pump sales have increased by more than 50%, while electric vehicle charger systems have seen a 20% rise in sales.Greg Jackson, Octopus Energy's chief executive, described a "huge jolt" in solar sales compared to February. On March 17, the company reported a 27% increase in solar sales inquiries since the start of the Iran war.Good Energy, another green electricity supplier, confirmed this trend, reporting a doubling of interest in solar panels over the past three months.Nigel Pocklington, Good Energy's chief executive, emphasized: "The most effective way to bring bills down over the long term is to double down on renewables, alongside storage and flexibility, so more of our power comes from predictable, homegrown sources. We should be putting solar on any building that can take it. That's how we cut costs, strengthen energy security and give people real control over the energy they rely on every day."The market is poised for further growth with plug-in solar kits expected to become available from high street retailers and supermarkets in the coming months. The government recently announced that most new homes will likely have solar panels from 2028 and will lift a ban on sales of these kits.Andrew Dickinson, head of infrastructure at Heligan Group, explained: "Given the recent geopolitical events, the UK's reliance on global energy markets has become front and centre. The solution lies in a series of short-term initiatives to address the immediate impact of rising energy prices on homeowners. Plug-in solar is one of these solutions that is expected to lower the barriers to entry for homeowners. The previously lengthy process of roof assessment, design and installation by a specialist technician will no longer be necessary."A recent report from Electrify Britain, backed by Octopus, found that solar panels and heat pumps would significantly reduce vulnerability to fossil fuel price fluctuations. The report "Plug In, Pay Less" revealed that houses using these technologies would be almost immune to fossil fuel price rises: a 30% increase in wholesale gas and oil prices would translate into only a 1.7% rise in energy bills by 2035 for households using no gas or oil appliances.Energy bills are expected to rise by more than £300 this July, according to Cornwall Insight, a consultancy. Jess Ralston, head of energy at the Energy and Climate Intelligence Unit, commented: "Predictions of energy bills rising by hundreds of pounds will feel like deja vu to hard-working families as yet another gas price crisis pushes up the cost of living. Many are still saddled with debt from the last gas crisis while Putin and the oil and gas companies stand to benefit."Ralston added: "These wars and the global gas market are clearly beyond the UK's control, so the only way we have to permanently stabilise bills is to cut our use of gas and that means switching to electric heat pumps and renewables that squeeze gas power plants off the grid."Octopus Energy also noted a one-third increase in inquiries about leasing electric vehicles, further indicating a broader shift toward renewable energy solutions among British consumers.
#solar #energy #sales
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Tech Mar 25, 2026

Apple Overhauls App Developer Platform with 100 New Metrics and Advanced Tools

Apple has significantly updated its App Store Connect service with over 100 new metrics and tools t…
The App Store Connect Transformation Apple has announced a significant update to its App Store Connect service, introducing over 100 new metrics and tools designed to help developers better understand and optimize their apps' performance across Apple's platforms. This overhaul comes at a critical time as the tech industry debates the future of app stores in the age of artificial intelligence. Expanded Metrics and Data Insights The updated App Store Connect now provides developers with comprehensive metrics across key areas including monetization, subscription data, and in-app purchase performance. Unlike third-party services that offer estimated data, Apple's metrics are based directly on the company's own data, providing more accurate insights into app performance. Among the new features are subscription reports that can be exported via an API, enabling developers to analyze their apps' performance offline or integrate Apple's data into their own systems. Developers can now gain deeper understanding of their users by analyzing behavior around download dates, sources, offer start dates, and other key engagement metrics. Competitive Analysis and Benchmarking Apple has introduced peer group benchmarks that allow developers to compare their performance against competitors in critical areas like download-to-paid conversions and proceeds per download. This feature provides valuable context for developers to assess their market position and identify opportunities for improvement. Apple emphasizes that it uses aggregated cohort data and differential privacy techniques to protect both user privacy and individual developer performance data, ensuring that insights can be gained without compromising sensitive information. Enhanced Data Filtering and Analytics Guide Developers can now apply up to seven filters simultaneously when viewing metrics in App Store Connect, allowing for more granular analysis of their app data. This enhanced filtering capability enables deeper dives into specific aspects of app performance. To support developers in making data-driven decisions, Apple has published a new App Store Analytics Guide in the Help section of App Store Connect. This comprehensive resource aims to help developers better understand the App Store's tools and features and develop effective strategies for app success. Strategic Timing Amid AI Evolution The timing of this App Store Connect overhaul is particularly noteworthy, as the industry witnesses rapid advancements in AI capabilities. There's growing speculation that AI agents could eventually replace traditional app stores, with some industry leaders suggesting that smartphone apps may become obsolete as AI-powered web services become more prevalent. Apple appears to be strategically positioning itself to strengthen its lucrative App Store ecosystem rather than allowing it to be disrupted by emerging technologies. The company is reportedly planning to announce an AI-powered Siri at its upcoming developer conference in June, which will be capable of completing tasks within apps, potentially bridging the gap between traditional apps and AI-powered services.
#Apple #App Store #Developers
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Video Mar 25, 2026

US Deploying Thousands of 82nd Airborne Division Soldiers to Middle East

The United States is set to deploy thousands of soldiers from the 82nd Airborne Division to the Mid…
The United States has announced plans to deploy thousands of soldiers from the 82nd Airborne Division to the Middle East. This significant military move comes at a time of heightened tensions in the region. The deployment, as reported, involves a substantial number of troops, indicating a major escalation of US military presence in the area. The 82nd Airborne Division, known for its rapid deployment capabilities, will likely play a critical role in the region's security dynamics. While specific details about the deployment, such as the exact number of soldiers and the mission objectives, have not been disclosed, the move is expected to have far-reaching implications for regional stability and international relations.
#send #thousands #soldiers
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World Economy Mar 25, 2026

QatarEnergy Invokes Force Majeure on LNG Contracts Amid Iran Conflict

QatarEnergy has declared force majeure on some long-term LNG supply contracts due to production and…
QatarEnergy has invoked force majeure on certain long-term liquefied natural gas (LNG) supply contracts, impacting customers in Italy, Belgium, South Korea, and China. This decision comes as the company faces production and supply disruptions due to the ongoing conflict between the US, Israel, and Iran.The force majeure clause, commonly included in contracts, allows a party to be excused from its obligations under unforeseen circumstances. This is not an isolated incident, as petroleum companies in Kuwait and Bahrain have also recently invoked force majeure.The global energy market has been significantly affected since the US and Israel began their attacks on Iran on February 28. Iranian missile and drone strikes across the Middle East, particularly in the Gulf region, have targeted crucial oil and gas facilities. These actions have led to international condemnation and have essentially closed the Strait of Hormuz, a vital waterway through which approximately one-fifth of the world's oil and LNG supplies pass.QatarEnergy's CEO, Saad al-Kaabi, recently reported that an Iranian attack on Qatar's Ras Laffan gas facility resulted in the loss of about 17 percent of the country's LNG export capacity. This damage is expected to cause an estimated $20 billion in lost annual revenue and threatens supplies to Europe and Asia. The repairs are anticipated to sideline 12.8 million tonnes of LNG production per year for three to five years.The conflict escalated after the Israeli military targeted Iran's offshore South Pars gasfield, prompting Qatar and other Gulf countries to condemn the attacks on energy infrastructure. These actions are viewed as threats to global energy security and violate international law and the United Nations Charter.
#qatarenergy #lng #iran
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News Mar 25, 2026

Trump Asserts Ongoing Iran Talks Amid Conflict Escalation

US President Donald Trump claims negotiations with Iran are underway, despite Tehran's denial, as c…
US President Donald Trump has asserted that negotiations to end the war on Iran are ongoing, claiming Tehran is eager to make a deal. Speaking at the White House, Trump stated the US is talking to 'the right people' about a potential agreement, mentioning a 'very big present' related to 'oil and gas' allegedly gifted by Tehran. Trump's claims come as fighting continues, with Iran launching attacks on Israel and a strike near Iran's Bushehr nuclear plant. Iran's parliament speaker, Mohammad Baqer Ghalibaf, had previously dismissed Trump's claims as 'fake news.' Media reports suggest Washington has sent Iran a 15-point plan to end the war, which includes ending Iran's nuclear program and reopening the Strait of Hormuz. A Reuters/Ipsos poll found 61% of Americans disapprove of the attacks on Iran, while 35% approve. Iran's Ministry of Foreign Affairs acknowledged receiving messages from 'friendly countries' indicating a US request for negotiations. Negar Mortazavi, a senior non-resident fellow at the Center for International Policy, stated Iran would seek to end the war on its 'own terms,' including establishing deterrence and economic gains. Despite Trump's diplomatic efforts, Israeli military spokesman Effie Defrin said Israel's war plan remains 'unchanged,' aiming to 'deepen the damage and remove existential threats.' The US is reportedly preparing to send thousands of soldiers to the Middle East, fueling fears of a longer conflict.
#iran #trump #war
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News Mar 25, 2026

Russia Launches 948 Drones in 24 Hours as New Ukraine Offensive Begins

Russia has launched a significant aerial attack on Ukraine, firing 948 drones in 24 hours as it beg…
Russia has carried out one of its largest aerial attacks on Ukraine, launching 948 drones in a 24-hour period as it moves troops and equipment to the front line in what appears to be the start of its new offensive.The attacks have resulted in civilian casualties, with two people killed in the western Ukrainian city of Ivano-Frankivsk and one person killed in the region of Vinnytsia. The city of Lviv has also been targeted, with footage showing a drone crashing into an old building next to a church in the historic centre.Ukraine's President Volodymyr Zelenskyy has issued a new appeal for allies to supply Kyiv with air defence munitions, warning that Kyiv will face a deficit of missiles while Washington is focused on the US-Israeli war on Iran.The Institute for the Study of War (ISW) has reported that Russia has moved heavy equipment and more troops to the front line, with General Oleksandr Syrskii, the commander-in-chief of Ukraine's armed forces, saying Russian troops have made simultaneous attempts to break through defensive lines in several strategic areas.Russia's new offensive is seen as an escalation of its war of attrition, which has been unable to capture cities but has made incremental gains across rural areas.
#ukraine #russia #war
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Technology Mar 25, 2026

Meta Faces $375m Fine in Landmark Big Tech Case

Meta has been fined $375m in a landmark case, marking a significant development in the big tech rec…
In a significant move, Meta has been fined $375m in a landmark case, highlighting the growing scrutiny of big tech companies. The fine, reported by The Guardian, marks a major development in the ongoing debate over tech regulation and accountability.The case, which involved multiple authors including Lucy Hough, Katie McQue, Bryony Moore, Ryan Ramgobin, and Zoe Hitch, underscores the increasing pressure on tech giants to adhere to regulatory standards. As the digital landscape continues to evolve, this ruling sets a precedent for future cases involving big tech.
#big #tech #reckoning
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