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Shell is poised to report a substantial increase in profits from its commodity trading activities in the first quarter, driven by recent market volatility sparked by the Iran crisis. The energy giant's chemicals and products unit, which encompasses its primary oil trading desk, is expected to see a significant boost in trading results.The company's trading windfall is particularly notable in its renewable energy division, with predicted earnings ranging from $200m to $700m in the first quarter, up from approximately $100m in the previous quarter. This surge is attributed to the historic price rises in oil and gas markets following Iran's retaliation to US-Israeli aggression, which included throttling energy trade through the Strait of Hormuz and launching strikes against key energy infrastructure in the Gulf region.However, Shell's gas production is expected to decline by about 5% to between 880,000 and 920,000 barrels of oil equivalent per day, compared to 948,000 in the fourth quarter, due to the impact of the Middle East conflict on its assets in Qatar. A strike damaged Shell's assets at the Ras Laffan liquified natural gas (LNG) complex in Qatar, contributing to the expected decline.Despite these challenges, Shell's boss, Wael Sawan, has warned that Europe could face an energy and fuel shortage in April without a reopening of the Strait of Hormuz. The company is working with governments to address the oil and gas supply crisis, which has already led to energy rationing in some Asian countries.

Bill Ackman's Pershing Square has unveiled a €55.75 bn cash‑and‑shares bid to acquire Universal Music Group (UMG), valuing the label at €30.40 per share – a 78% premium over the previous close of €17.10. The proposal translates to roughly $64.31 bn, positioning it as one of the largest recent takeovers in the entertainment sector. The offer is tied to a strategic plan to relocate UMG’s primary listing from Amsterdam to New York. A U.S. listing would broaden the investor base, potentially attracting index funds and enhancing liquidity, which Ackman argues could lift earnings and drive a higher market valuation. In a letter to UMG’s board, Ackman praised chairman‑CEO Lucian Grainge while criticizing what he described as an “underutilized balance sheet” and the company’s €2.7 bn investment in Spotify Technology. He suggested that a refreshed governance structure – including former Hollywood super‑agent Michael Ovitz as board chair and two Pershing Square directors – would better position the label for future growth. Market reaction was immediate: UMG shares jumped 13% on the news, while Bollore Group’s stock rose 5% and Vivendi’s shares climbed over 10%. Pershing Square currently holds a 4.7% stake in UMG, making it the fourth‑largest shareholder. Key shareholders whose support is essential include Bollore Group (18.5% stake), Vivendi (13.4%), and China’s Tencent. Notably, the Bollore family controls about 80% of UMG’s voting rights, giving it decisive influence over any transaction. Industry analysts point to several headwinds that have pressured UMG’s share price, which has fallen nearly one‑third since its 2021 IPO. Streaming growth is decelerating, and concerns about AI‑generated music – from copyright disputes to fully synthetic songs – are reshaping the competitive landscape. A recent survey found that 97% of listeners can differentiate between AI‑created tracks and human‑composed music. Despite these challenges, global music revenues continue to rise year over year, prompting major labels such as Sony and Warner Music to double‑down on streaming partnerships with platforms like Spotify, Amazon, Apple and Deezer. Under the proposed structure, Pershing’s SPARC Holdings would merge with UMG, creating a Nevada‑incorporated entity listed on the New York Stock Exchange. If approved, the deal could set a precedent for how legacy entertainment firms adapt to evolving technology and investor expectations.

India's nuclear program has reached a significant milestone with its prototype fast breeder reactor (PFBR) achieving criticality, a self-sustaining nuclear chain reaction. Located in Kalpakkam, Tamil Nadu, the 500 megawatt electrical (MWe) reactor is a major leap forward for India's atomic energy ambitions. The PFBR is only the second commercial fast breeder reactor in the world, following Russia's. This advanced reactor design produces more fissile material than it consumes, using a mix of uranium and plutonium as fuel. The reactor's success is a crucial step towards India's goal of significantly increasing its nuclear energy capacity. Indian Prime Minister Narendra Modi hailed the achievement as 'a proud moment for India' and 'a defining step' in advancing the country's nuclear program. The reactor is designed to enable India to extract greater energy from its limited uranium reserves while paving the way for large-scale deployment of thorium-based reactors. India has more than 25 percent of the world's thorium reserves, which are four times larger than uranium reserves globally. The country's three-stage nuclear program aims to utilize thorium as a primary fuel source in the third stage, with the PFBR serving as a critical component in this process. Experts highlight that the PFBR's success could inspire other countries to adopt similar technology, but challenges remain, including high costs and technical complexities. The reactor's electricity generation is expected to be more expensive than alternatives, including solar energy. Despite these challenges, India's achievement marks a significant advancement in nuclear technology and energy security, particularly for a country with growing energy demands and a desire to reduce dependence on fossil fuels.

Who: FC Barcelona vs. Atletico MadridWhat: UEFA Champions League quarter‑final, first legWhere: Camp Nou, Barcelona, SpainWhen: Wednesday, 21:00 CET (19:00 GMT)How to follow: Live text commentary starts at 16:00 GMT on Al Jazeera Sport. The Spanish giants are set to clash again after a grueling schedule that has seen them meet five times in just two months, including three matches within a ten‑day span. Barcelona entered the encounter fresh from a dramatic 2‑1 victory over Atletico in La Liga on Saturday, a win that pushed them seven points clear at the top of the table. Robert Lewandowski netted a late winner after Marcus Rashford had equalised, while Atletico midfielder Nico González received a second yellow card just before halftime, leaving the visitors with ten men. With the league title largely secured, Diego Simeone opted to rotate his squad for Wednesday’s match, focusing his energy on the European tie. Barcelona coach Hansi Flick echoed the sentiment, noting that players typically give “5‑10 % more” in Champions League fixtures. Both managers highlighted the importance of the upcoming game. Flick described the fixture as “very difficult” and urged his side to take it “step by step, match by match.” Midfielder Dani Olmo called the tie “all or nothing,” stressing the need to avoid a repeat of their recent Copa del Rey disappointment. Simeone praised Barcelona as “the best attacking team in Europe,” while Atletico forward Ademola Lookman warned that the clash would be “special” and demanded thorough preparation. How the clubs reached the quarter‑finals Barcelona earned their spot with a commanding 7‑2 aggregate win over Newcastle United, highlighted by a fourth‑minute strike from Raphinha and a second‑half surge that saw Lewandowski score a brace. Atletico advanced after a 7‑5 aggregate triumph over Tottenham Hotspur, despite a 3‑2 loss in the second leg. Their early dominance in the first leg, a 5‑2 home win, set the foundation for progression. Head‑to‑head snapshot Across 250 meetings, Barcelona have claimed 115 victories, Atletico 78, with 57 draws. The most recent ten encounters feature a mix of league and cup results, the latest being Barcelona’s 2‑1 La Liga win on Saturday. Team news and predicted line‑ups Barcelona injuries: Raphinha, Marc Bernal, Frenkie de Jong and Andreas Christensen are sidelined. Ronald Araujo is expected to start after missing the weekend match. Predicted XI: Joan Garcia; Koundé, Cubarsi, Martín, Cancelo; Eric Garcia, Pedri; Yamal, Fermin, Rashford; Lewandowski. Atletico injuries: Pablo Barrios out with a thigh problem; José Giménez and Johnny Cardoso are doubtful. Jan Oblak, Marc Pubil and Rodrigo Mendoza have returned to training and could feature. Predicted XI: Jan Oblak; Llorente, Le Normand, Hancko, Ruggeri; Koke, Baena; Simeone, Griezmann, Lookman; Álvarez. The stage is set for a high‑stakes European duel, with both sides eager to translate domestic form into continental success.

Arsenal manager Mikel Arteta was relieved as Kai Havertz scored in the first minute of injury time to secure a late victory for his team against Sporting. The win brings Arsenal closer to the Champions League quarterfinals for only the fourth time in their history.The match was a challenging one for Arsenal, who were without several key players, including Bukayo Saka, Eberechi Eze, Jurriën Timber, and Piero Hincapié. Despite these absences, David Raya made several crucial saves to deny Sporting's Maxi Araújo and Luis Suárez.Kai Havertz's goal came from a cross by fellow substitute Gabriel Martinelli, providing a significant boost to Arsenal's confidence ahead of their return to domestic action against Bournemouth on Saturday.The win also secures an additional Champions League spot for the Premier League, ensuring that the top five teams in the league will qualify for the tournament next season.

Vicky López, now 19 years, 8 months and 12 days old, has already etched her name in Barcelona’s history books, featuring in over 120 matches and netting 32 goals for the club.She joined Barcelona in July 2022 at just 16, making her first‑team debut under manager Jonatan Giráldez and instantly setting a series of age‑related records – the youngest player ever to appear at Camp Nou, in the Champions League and in an el clásico. The following campaign she became the club’s youngest scorer in that iconic derby.This season López has featured in 36 games, contributing 10 goals, a tally that already matches her previous year’s output. Barcelona need a maximum of three points from their remaining five Liga F fixtures to clinch a fourth league title – which would also be López’s 11th trophy with the club – while simultaneously preparing for a Champions League semi‑final against Bayern Munich.Despite being a senior figure, López admits younger teammates such as Clara Serrajordi and Aïcha Cámara often turn to her for guidance, though she defers more complex advice to veterans Alexia Putellas and Patri Guijarro.Putellas, the two‑time Ballon d’Or winner, praised López last summer, saying, “I see myself reflected in her – her passion, drive to win and endless ambition.”López’s rise is underscored by personal tragedy; her mother succumbed to a brain tumour in 2018 when López was 11. She honors her mother after every goal, pointing skyward, a ritual that mirrors Putellas’ own tribute to her late father.After a season with Madrid CFF, where she became Liga F’s youngest ever player, Barcelona secured López on a five‑year deal. She continues to dedicate each goal to her mother’s memory.In her debut campaign at Barcelona she logged 13 appearances and scored two goals. “I never imagined playing so many matches in my first year,” she recalled, thanking Giráldez for the trust he placed in her.Initially shy, López admitted, “I wasn’t fully myself in the first training sessions, but it was a dream to train with the world’s best.”She believes the blend of youthful exuberance and veteran experience is Barcelona’s greatest asset: “I bring joy, youth and playfulness,” she said, emphasizing the importance of a balanced squad.Often likened to male prodigy Lamine Yamal, López and Yamal both sport the number 19 and light up the wing with their creativity.On the international stage, López earned her first senior cap at 17 in the Nations League and featured in Spain’s 2025 European Championship final against England. The only time she missed a national‑team camp was in May 2024, when she sat her “selectividad” exams.Looking ahead, López acknowledges she will soon carry the mantle as Barcelona transitions away from legends like Putellas and Aitana Bonmatí. “I’m still working to become the player I aspire to be, but above all I enjoy playing football and spreading happiness to fans,” she affirmed.

Judith Rapoport, a leading child psychiatrist, passed away at 92, leaving a legacy defined by her groundbreaking work on obsessive‑compulsive disorder (OCD). Her 1989 book, The Boy Who Couldn’t Stop Washing, translated into more than twenty languages, presented complex research in a clear, jargon‑free style that resonated with a broad audience. OCD is characterized by compulsive rituals—re‑tying shoelaces, repeatedly checking switches, or incessant hand‑washing—that can dominate a person’s daily life. Before Rapoport’s book, many sufferers concealed their symptoms out of shame, unaware that they were not alone. Rapoport’s research demonstrated that OCD has a neurological foundation and may affect up to 2% of the population, challenging prevailing beliefs that it stemmed from overly strict parenting. She proved that the disorder can be hereditary and responsive to medication. In a pivotal 1989 double‑blind trial, she showed that the antidepressant clomipramine significantly reduced OCD symptoms, prompting the U.S. Food and Drug Administration to approve its use for the condition—a landmark moment in psychiatric treatment. Patients and colleagues credit her work with reducing stigma. "Reading Rapoport’s book washed away my shame," recalled Charles Gentz, who lives with OCD, while Professor Gabrielle Shapiro of the Icahn School of Medicine noted that the book “reduced the stigma for these people.” Rapoport herself reflected, “If my work alleviated just part of their pain, then it was not wasted time.” Born in New York City to a schoolteacher mother and a businessman father, she grew up with a literary lineage—her grandfather translated Ibsen into Yiddish. She excelled academically, graduating magna cum laude from Swarthmore College in 1955** and earning her medical degree from Harvard Medical School in 1959, where she met her husband, Stanley Rapoport. After early positions at Mount Sinai and the Massachusetts Mental Health Center, she and her husband secured fellowships in Sweden, conducting research at Uppsala University and the Karolinska Institute on women seeking abortions abroad. Returning to the United States, Rapoport joined the National Institute of Mental Health (NIMH) in 1976. There she led the institute’s child psychiatry branch from 1984, steering American psychiatry away from Freudian models toward a **biology‑focused** approach. Beyond OCD, she made significant contributions to the understanding of attention‑deficit hyperactivity disorder (ADHD) and childhood schizophrenia. Her 1978 study revealed that amphetamine improved concentration in both hyperactive and control children, contradicting the notion that stimulants only calm hyperactivity. Using MRI, she showed that childhood schizophrenia is progressive, involving loss of brain matter—a finding that shifted the focus from parenting to neurobiology. Rapoport’s expertise reached mainstream audiences through appearances on shows hosted by Oprah Winfrey and Larry King, further amplifying her message. By the time she retired in 2017, she had authored over 300 scientific papers, several books, and earned prestigious honors, including fellowship in the Institute of Medicine (1991) and the American Academy of Arts and Sciences (2000). Colleague Gabrielle Shapiro described her as “a pioneer who turned child psychiatry into a modern, evidence‑based discipline.” Outside the laboratory, she enjoyed music, theatre, hiking, and gardening. She is survived by her husband, two sons, and four grandsons.

President Donald Trump issued an unprecedented ultimatum on Tuesday, stating that if Iran does not reopen the Strait of Hormuz by 8 p.m. ET, he will "completely annihilate the entirety of Iranian civilization." The threat, posted on his Truth Social platform, was accompanied by language suggesting a total regime change and a benediction to the Iranian people. Democratic officials reacted with alarm. Senator Patty Murray called the post "the rantings of a bloodthirsty lunatic," while Senator Chris Coons labeled it "a threat to commit a war crime." Representative Joaquin Castro warned that the rhetoric implied either a nuclear option or an attempt to convince Tehran of such a possibility, and Rep. Bonnie Watson Coleman urged invoking the 25th Amendment to remove the president from office. Legal scholars highlighted that the United States and Iran are parties to the Fourth Geneva Convention, which bans collective punishment of civilian populations, and to Additional Protocol I, which prohibits attacks on essential civilian infrastructure. Although the U.S. has not ratified the protocol, a 2024 Biden‑era statement affirmed that its core principles are binding as customary international law. During a chaotic White House press conference, Trump reiterated that "the entire country could be taken out in one night" if Iran failed to meet the deadline, and dismissed concerns about civilian casualties by claiming Iranian civilians themselves were urging continued bombing. When pressed about violations of the Geneva Conventions, he did not dispute the legal point but responded, "I hope I don’t have to do it." The Iranian Islamic Revolutionary Guard Corps responded that the strait "will never return to its previous state" for the United States and its allies, underscoring the escalating rhetoric on both sides. Amid the diplomatic flare‑up, the administration also submitted a $1.5 trillion Pentagon budget request, featuring sweeping cuts to domestic programs, further intensifying scrutiny of the president’s foreign‑policy priorities. Critics note contradictions in Trump’s stance: weeks earlier he claimed the U.S. had no strategic need for Hormuz, yet now the strait’s reopening is the centerpiece of his ultimatum. He simultaneously declared the war "won" while threatening its most destructive phase. With Democrats urging constitutional remedies and international law experts warning of potential war‑crime violations, the situation places U.S. foreign policy and domestic governance under unprecedented pressure.

In a confidential set of proposals, the Football Association (FA) is looking to reshape the Women’s National League (WNL) by admitting four Women’s Super League academy sides into the third tier of the English women’s football pyramid starting in the 2027 season. The plan also introduces a mid‑season split—mirroring the format used in Scotland—intended to create a more compelling competition and generate greater media and fan engagement. Accompanying the structural overhaul is an investment package of about £1 million. This includes a £500,000 grant earmarked for prize money at tiers three and four, and a further £500,000 that the FA hopes to secure through a title‑sponsorship deal. Beyond financial support, the FA intends to enhance legal and medical insurance for clubs using the loan system and to provide limited grants for clubs establishing academies, thereby increasing competitive minutes for emerging talent. The new third‑tier format would expand from 24 to 28 clubs, split evenly between a northern and a southern division (14 teams each). Each region would host two Pro Game Academies (PGAs) operating under a three‑year licence awarded on the basis of academy strength and the proportion of English talent developed. After 13 rounds, the league would divide into three groups: an eight‑team WNL Premier (four clubs from each region) and two regional groups of ten. Academy sides would be excluded from the Premier, while the top two Premier teams would earn promotion to the second‑tier WSL2. The bottom three clubs in each regional group would face relegation, meaning PGAs could also be demoted. Promotion from the fourth tier would involve six clubs, with the runners‑up from the four fourth‑tier divisions contesting playoffs for the final spots. These proposals follow the FA’s decision last year to abandon a previous expansion that would have placed B teams in tier four—a plan that had secured just under 55% support from 144 surveyed clubs. The current blueprint, still pending board approval, does not reference B teams and emphasizes the goal of enhancing competitiveness, better preparing clubs for the WSL, and attracting more fans and media coverage. FA officials stressed that the initiative is being developed in full consultation with leagues, clubs, and other stakeholders, with a focus on sustainable growth, professionalism, and expanded development pathways for young English players. Comparative analysis shows that youth internationals from Spain, the Netherlands, and France typically accrue far more top‑flight minutes in their teens than their English counterparts, underscoring the FA’s urgency to create more high‑level playing opportunities domestically. The Women’s National League, now in its 35th year, currently sees Burnley leading the northern third tier and Watford crowned champions of the southern division.