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The Burberry CEO's New Bonus Scheme Burberry's CEO, Joshua Schulman, could earn up to £12.2m this year under a new bonus scheme introduced by the luxury British brand. Schulman, who was hired in July 2024 to help revive Burberry, was paid £4m in the year to March, up from £2.5m for his first nine months in the job. Details of the Bonus Scheme Schulman's basic pay will increase by 3% to £1.24m from July. He could earn a new long-term share bonus worth up to 300% of salary if he meets performance targets. The targets include increasing Burberry's annual revenues to £3.1bn by 2029. Financial Performance Burberry made pre-tax profits of £49m in the year to 28 March, compared with a loss of £66m in the previous 12 months. Sales were flat year on year at £2.4bn, once the effect of exchange rates was taken into account. Impact on Executive Pay The pay package of Kate Ferry, the finance director of Burberry, more than doubled to £2.5m, up from £904,000 the previous year. Ferry could earn £5.6m this year if she hits all targets and Burberry's share price increases by 50%. Future Outlook The new bonus scheme aims to incentivize Schulman to meet performance targets and retain him by improving his pay position relative to those who head the brand's luxury peers. The scheme is intended to be "reasonable" and subject to "the delivery of stretching performance targets".

EU Imposes Record €200 Million Fine on Temu The European Commission announced a €200 million (≈£173 million) sanction against the Chinese shopping site Temu for repeatedly failing to block illegal and dangerous products from its marketplace. Regulatory Findings: Illegal and Dangerous Goods on Temu’s Platform A 19‑month investigation, including an unpublished mystery‑shopping exercise, uncovered a “high percentage” of unsafe baby toys, “very high percentage” of hazardous chargers, and unsafe clothing and jewellery. Consumer groups across Europe had already reported choking hazards, lead‑laden jewellery, and fire‑risk chargers on the site. Unsafe baby products with loose parts and long dummy chains Chargers capable of burns, electric shocks or fire Clothes containing banned chemicals Jewellery laced with lead The Commission also criticised Temu’s recommender systems and influencer‑driven promotions for amplifying the risk of illegal product dissemination. Financial Scale: Fine Relative to Temu’s Revenue and DSA Limits The €200 million penalty is the second and highest ever imposed under the EU’s Digital Services Act (DSA). For context: Temu’s parent, PDD Holdings, reported global revenue of $54 billion in 2024. The DSA allows fines up to 6 % of global turnover, meaning Temu could theoretically face a fine of up to €3.2 billion. The previous record was a €120 million fine on Elon Musk’s X platform. Implications for the EU E‑commerce Landscape and DSA Enforcement The sanction sends a clear signal that the EU will enforce the DSA rigorously, even against fast‑growing non‑European platforms. It underscores the need for robust risk‑assessment processes, transparent product‑listing controls, and cooperation with regulators. Failure to comply could trigger additional penalties, including investigations into addictive design and data‑access provisions. What’s Next: Appeals, Compliance Plans, and Future EU Scrutiny Temu has until 28 August 2026 to submit an action plan outlining remedial steps. The company has announced it is “reviewing the decision carefully” and may appeal the fine. The Commission’s ongoing probe could lead to further financial penalties if systemic shortcomings persist. Industry observers expect tighter oversight of other large marketplace operators, as the EU seeks to protect consumers from unsafe products and reinforce the DSA’s broader ambition to curb online harms.

The Economic Dilemma Facing Jamaica's Energy Future Jamaica stands at a critical juncture in its energy policy, with preliminary tests off the south coast suggesting the presence of crude oil in the Walton-Morant basin. This potential discovery comes at a time when the island is grappling with the dual pressures of post-pandemic recovery and the escalating costs of climate adaptation. Testing the Waters in the Walton-Morant Basin United Oil & Gas, a UK-based company, holds the exclusive exploration license for the 22,400sq km block. Recent seabed sampling has identified hydrocarbons, a development that energy minister Daryl Vaz has described as "very positive." However, experts caution that even with confirmation, commercial production is unlikely until the mid-2030s. Balancing the Books: Fuel Imports vs. Climate Costs The financial calculus behind this potential shift is stark. Jamaica currently imports all its fuel, a cost that fluctuates between $1.5bn and $2bn annually. While the island generated $4.3bn from tourism in 2024, the economic strain is compounded by the $12bn bill for damage caused by Hurricane Melissa. This financial vulnerability is driving the government's cautious optimism toward oil exploration. The Regional Race for Fossil Fuels Jamaica is not alone in this pursuit. The Caribbean and Latin America are witnessing a resurgence in fossil fuel interest, following Brazil's deep-water discoveries in the 2000s. The region is now joined by Suriname and Guyana as emerging producers, creating a competitive landscape where nations are weighing immediate economic relief against long-term environmental stability. A Green Pledge at Odds with Survival? The environmental implications are significant. Theresa Rodriguez-Moodie of the Jamaica Environment Trust argues that pursuing oil exploration contradicts the island's moral standing to demand climate assistance. "If we want to have any kind of moral high ground... we cannot be considering expanding the fossil fuel industry," she stated. As Jamaica navigates this complex path, it faces the challenge of reconciling its Paris Agreement commitments with the immediate economic survival of its population.

The Looming Crisis in Uruguay’s World Cup CampMarcelo Bielsa, the 70‑year‑old Argentine dubbed “El Loco”, sees his tenure with Uruguay under fire just weeks before the 2026 World Cup. Rumours of a dressing‑room mutiny and a string of disappointing results have put the nation’s chances in jeopardy.Unrest Over Bielsa’s High‑Intensity PhilosophyBielsa’s reputation as a tactical pioneer is unquestioned, yet his relentless, attacking approach has alienated key players. Luis Suárez publicly criticised Bielsa after a halftime incident that left striker Darwin Núñez in tears, and the coach admitted his “authority was affected”.Initial excitement after landmark qualifying wins over Brazil and Argentina.Only three victories in the final twelve qualifiers.Third‑place finish at Copa America 2024, but with growing player fatigue.Performance Numbers Highlight DeclineRecent results underscore the on‑field impact of the unrest:5‑1 friendly loss to the USA in November – Bielsa called it “ashamed”.Three wins out of twelve qualifying matches.Third place at Copa America 2024, eliminating Brazil but failing to win the tournament.Potential Fallout for Uruguay’s 2026 CampaignThe combination of tactical rigidity and squad dissent could affect Uruguay’s group‑stage fixtures against Saudi Arabia, Cape Verde and Spain in Group F. If morale does not improve, the team risks an early exit, undermining a nation accustomed to punching above its weight.What Lies Ahead After the Tournament?Bielsa has hinted his contract ends with the World Cup, stating “Our job ends with the World Cup.” While he may depart in July, the longer‑term implications for Uruguay’s coaching philosophy remain uncertain, with the federation likely to reassess the balance between innovative tactics and player management for future cycles.

A fire ripped through the dormitory of Utumishi Girls School in Gilgil, Nakuru County, central Kenya, killing at least 16 students and injuring 79 others, officials said on Thursday.Fire Breaks Out in Gilgil Dormitory, Leaving 79 InjuredThe blaze started overnight in the girls’ boarding facility. Police and education authorities responded quickly, deploying roughly 50 officers to search the surrounding area for students who may have fled the flames. The cause of the fire has not been immediately identified.Casualty Figures and Response ResourcesDeaths: 16 studentsInjured: 79 (including several serious cases)Police personnel on scene: ~50 officersLocation: Utumishi Girls School, Gilgil, about 120 km northwest of NairobiFootage from Citizen Television showed shattered windows and smoke‑stained walls, confirming the intensity of the fire.Recurring School Fires Highlight Systemic Safety GapsKenya has a documented history of school fires. Government data recorded more than 60 arson cases in public secondary schools in 2018 alone, often linked to student protests over harsh discipline and poor living conditions. Notable past incidents include:2024 – A fire at a primary boarding school in Nyeri County killed 21 students.2017 – Ten students died in a Nairobi school fire, leading to a murder charge against a student.These patterns suggest deeper issues related to infrastructure, fire safety standards, and student‑staff relations.What Policy Changes Could Prevent Future Tragedies?Education Minister Julius Ogamba and senior police commander Masoud Mwinyi are likely to face pressure to strengthen safety protocols. Potential measures include:Mandatory fire‑safety audits for all boarding schools.Installation of functional smoke detectors and fire‑extinguishing equipment.Improved emergency evacuation training for students and staff.Addressing underlying grievances that may lead to arson, such as discipline policies and dormitory conditions.How quickly these steps are implemented will determine whether Kenya can break the cycle of deadly school fires.

A Surrealist Masterpiece Emerges from the Depths of Psychiatric ConfinementA recently discovered painting by the surrealist artist Leonora Carrington, made during her confinement in a Spanish psychiatric hospital during the second world war, will go on public display for the first time in London this summer. Known as Villa Pilar, the work was painted in 1940 while Carrington was a patient at sanatorium Morales in Santander, after fleeing Nazi-occupied France following the arrest of her partner, the German artist Max Ernst.The Unveiling of a Hidden Masterpiece from a Turbulent PeriodCarrington suffered a psychological breakdown in Madrid and was admitted to the institution, where she underwent traumatic psychiatric treatments that she later described in her memoir Down Below. But encouraged by her psychiatrist, Dr Luis Morales, Carrington sketched each day, and created two paintings, Down Below and Villa Pilar, which depict the psychiatric hospital as a symbolic underworld. Carrington described her "down below" period as an experience akin to "being dead."A Life Marked by Rebellion and Artistic InnovationBorn into a wealthy Lancashire family in 1917, Carrington rebelled early against the expectations placed on upper-class women. She studied at the Chelsea School of Art before meeting Ernst at a dinner party in London in 1937, when she was 20 and he was 46. The two began a relationship that scandalised their respective social circles and moved together to Saint-Martin-d'Ardèche in the south of France, where they lived and worked until the German invasion.She found kindred artistic spirits in renowned surrealists like André Breton, Salvador Dalí, and Man Ray, who, like her, were fascinated by dreams, the subconscious and the occult. When she eventually settled in Mexico in the 1940s, she became one of the country's most celebrated artists and part of an influential community of women creatives working outside the male-dominated European surrealist movement – alongside figures including the Spanish painter Remedios Varo and the photographer Kati Horna.Carrington was later embraced as a feminist icon, and she always resisted attempts to reduce her to her gender, once remarking: "I didn't have time to be anyone's muse ... I was too busy rebelling against my family and learning to be an artist." She died in Mexico City in 2011, aged 94.The Rediscovery and Symbolic Meaning of Villa PilarCarrington gave Villa Pilar to Dr Morales when she left the sanatorium, and it remained in his family for decades. It was only rediscovered during research for the exhibition by the Faro Santander team, who persuaded the Morales family to loan it publicly for the first time.Vanessa Boni, curator of the exhibition, said Carrington created the work as "a parting gift" to thank Morales for helping her recovery, despite the "brutal" treatments she endured, including cardiazol injections. "As we know from her memoir, it was really traumatic," she said. "Dr Morales kept the painting his entire life, and when he passed away, it was handed down to his daughter."The work depicts the hospital as being populated by hybrid human-animal figures moving through vivid green gardens – imagery that would become central to Carrington's later practice. "It speaks to ideas of inner transformation, metamorphosis and otherness," Boni said. "Both paintings are set in a verdant green landscape, including a green sky, which was a symbolic colour for her."A Transatlantic Exhibition JourneyVilla Pilar will join the exhibition Leonora Carrington – the Symptomatic Surreal at the Freud museum, where Sigmund Freud spent the final year of his life after escaping Nazi-occupied Vienna. To mark the unveiling, the exhibition has been extended until 10 August before travelling to Faro Santander, a new arts centre in the northern Spanish city, in September.Daniel Vega Pérez de Arlucea, director of Faro Santander, said: "This is not simply a matter of showcasing the work of one of the most important surrealist artists, but of recognising and revisiting a chapter of her life deeply rooted in this city."After leaving Santander, Carrington travelled through Lisbon and New York before settling in Mexico, where she became one of the leading figures of surrealism. In 2024, one of her paintings was auctioned for £22.5m, a record for a UK-born female artist.While in New York, Carrington gave her Santander sketchbooks to the surrealist collector Julien Levy, whose collection was sold at auction and dispersed into private collections in 2004. This exhibition marks the first attempts since then to bring the contents together for a major public display.

The World Meteorological Organization, in a UN‑commissioned report, warns that a record‑breaking hot year is almost certain by 2030, with climate‑driven risks accelerating across the globe.UN WMO Warns of Near‑Certain Record‑Hot Year by 2030The report, produced by the UK Met Office for the WMO, highlights an 86 % chance that at least one year between 2026‑2030 will outstrip 2024 as the hottest on record. An El Niño expected later this year could push the global temperature record as early as 2027. Lead author Dr Leon Hermanson notes the El Niño will raise the odds of a 2027 record year.Probability Metrics Highlight Escalating Heat Risks86 % chance of at least one year 2026‑2030 surpassing 2024’s temperature.75 % chance that the five‑year average (2026‑2030) exceeds 1.5 °C above pre‑industrial levels.Less than 1 % chance of any single year in that span exceeding 2 °C.96 % chance of an El Niño event Dec 2026‑Feb 2027 (NOAA forecast).35 % chance of a “super” El Niño, amplifying heat extremes.Implications for Human Health, Economies and Climate PolicyGlobal heating already claims one life per minute, a toll set to rise without rapid emissions cuts.Extreme heatwaves are battering the UK, Europe, India and broader Asia, threatening lives and economic productivity.The Arctic is projected to warm 2.8 °C above recent averages over the next five winters—more than three times the global rate.Rainfall patterns will shift: northern Europe, the Sahel, Alaska and Siberia likely to become wetter, while the Amazon is expected to dry out.Outlook: El Niño, Policy Action and the Race to Stay Below 2°CUN climate chief Simon Stiell stresses that protecting lives and economies hinges on “kicking the fossil‑fuel addiction much faster.” Clean power is now cheaper than fossil fuels, but scaling it quickly is essential to keep the 2 °C target within reach and to avoid the catastrophic impacts of exceeding 1.5 °C.

Bosnia's Unexpected World Cup JourneyBosnia and Herzegovina's qualification for the 2026 World Cup comes as a surprise to many observers. A team that had managed only four wins in their previous 19 matches across two qualification cycles reached a turning point when Sergej Barbarez took over in 2024. The campaign that followed was chaotic, emotional and occasionally irrational, which still feels like the most authentic description of Bosnian football itself. Barbarez's side somehow found a way through it all, eliminating Wales and Italy in dramatic playoffs and reaching the World Cup for only the second time in the country's history.The Barbarez RevolutionThe former captain had waited years for the job, so long that he had not coached anywhere in the meantime. He played professional poker and enjoyed retirement before the Bosnian FA finally got in touch. He gathered close friends and former teammates around him: Emir Spahic became sporting director, while Sasa Papac and Zlatan Bajramovic joined the coaching staff. In Barbarez's first year, 16 players made their debuts, most of them raised and developed abroad, from Sweden and Germany to Austria and the United States. That became the foundation of this new Bosnia side.Group B Fixtures12 June v Canada, Toronto (3pm local, 8pm BST)18 June v Switzerland, Los Angeles (noon local, 8pm BST)24 June v Qatar, Seattle (noon local, 8pm BST)The Coach's PhilosophyBosnia do not play especially beautiful football under the coach and systems change regularly – usually between 4-2-3-1 and 4-4-2 – but formations quickly become secondary once matches turn emotional, and with Bosnia they usually do. The team's identity is built around aggressive defending, direct football and quick transitions. Barbarez may have gone winless in his first eight matches and come under heavy criticism, but he insisted that he first needed to rebuild the squad's mentality.The Poker Coach Who Became a National HeroSergej Barbarez spent years criticising the way Bosnian football was run and had almost stopped expecting the call from Sarajevo altogether, having first expressed an interest in the role in 2009. Fifteen years later he took charge of the national team – with no previous coaching experience – for the first team against England at the age of 52. A former captain and cult figure, Barbarez arrived promising honesty, emotional connection and a complete reset after years of dysfunction around the national team. After playoff victories over Wales and Italy, his status only grew further; the win against Italy transformed him from poker-playing outsider into one of Bosnia and Herzegovina's most important ever sporting figures.The Veteran Leader: Edin DzekoThere are normal footballers and then there is Edin Dzeko. Even at 40, everything still somehow revolves around Edin. Bosnia and Herzegovina's captain remains the country's greatest footballer, their all-time leading goalscorer and the reference point of an entire generation. Younger players in the squad speak about him with a reverence bordering on disbelief. Dzeko no longer dominates matches physically the way he once did at Wolfsburg or Manchester City, but his understanding of space, timing and pressure moments remains elite. During the playoffs he again delivered when Bosnia needed him most. "As long as I feel I can help, I'll be here," he said recently. Bosnia would not be at this World Cup without him.The Rising Star: Kerim AlajbegovicKerim Alajbegovic, at 18, may already be the most naturally gifted attacking talent Bosnia and Herzegovina have produced since Miralem Pjanic. The midfielder, who spent a season with Red Bull Salzburg before Bayer Leverkusen triggered a buyout clause, is arriving at the tournament with the fearless attitude some players have at that age. It is not only his technique that stands out, but his personality too. Barbarez trusted the 18-year-old to take penalties in both playoff shootouts – and Alajbegovic responded with complete calmness. Elegant between the lines and fearless in possession, he feels like the face of Bosnia's next generation.The Unsung Hero: Tarik MuharemovicBosnia and Herzegovina spent years producing centre-backs who defended first and worried about the football later. However, Tarik Muharemovic feels like the first one shaped by an entirely different mindset. Born in Slovenia and developed in Austria before moving through Italian football with Juventus and Sassuolo, the left-footed defender has quietly become one of the players Barbarez trusts most. He is not especially loud, aggressive or dramatic, which, for a defender, normally makes people in Balkan football suspicious. Instead Muharemovic solves problems calmly, carries the ball forward and gives Bosnia something they lacked for years – composure.Tournament OutlookBosnia are unlikely to dominate many matches in Group B – against Canada, Switzerland and Qatar – but they have enough quality, emotional energy and unpredictability to become one of the tournament's more uncomfortable teams. With a blend of experienced leadership in Dzeko and emerging talent in Alajbegovic, Barbarez has created a squad that embodies the chaotic yet passionate spirit of Bosnian football.

Adam Walton’s phone has barely stopped buzzing after his five‑set triumph over world No. 10 Daniil Medvedev at Roland Garros, delivering the Australian’s fourth Grand Slam win and his first against a top‑10 opponent. The Upset: Walton's First‑Round Victory Over a Top‑10 Seed At 27, the Queensland wildcard produced a stunning upset, beating Medvedev in a five‑set battle that sent his ranking‑point tally soaring. It was only his fourth Grand Slam win, but the most significant in terms of opponent ranking. Financial Windfall: €130,000 Prize Boosts Walton's Career Reaching the second round guarantees Walton €130,000 (approximately A$212,000), a sum that will fund travel, coaching and his upcoming wedding in November. Of his career earnings just over US$2 million, nearly half now comes from the four majors, underscoring the financial importance of deep Grand Slam runs. From Rural Racetrack to Roland Garros: A Queensland Tale Walton grew up in the small town of Home Hill, where the local tennis courts sit inside a horse‑racing track. Early mornings required waiting for horses to clear the gate before a lesson could begin – a unique backdrop that shaped his resilience. After a scholarship to a Brisbane boarding school and a kinesiology degree at the University of Tennessee, he captured the NCAA doubles title in 2021 before breaking into the top 100 in 2024. Looking Ahead: Walton's Next Match and Future Prospects Next up, Walton faces American Zachary Svajda, a familiar opponent from the ITF circuit. A win would propel him further into the tournament and cement his status as a late‑blooming talent. With his confidence boosted and finances secured, Walton aims to reach the main draw of every Grand Slam in the coming years.