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World Economy Apr 16, 2026

EasyJet Warns of Profit Hit as Iran Conflict Drives Up Fuel Costs

EasyJet has warned that the ongoing Iran conflict will negatively impact its profits due to increas…
Budget airline easyJet has issued a profit warning, citing the impact of the Iran conflict on fuel prices and bookings. The airline has seen fuel costs rise by £25m in the last month alone, driven by the escalating tensions in the Middle East.EasyJet expects to report an increased pre-tax loss of £540-£560m for the six months to March, up from £394m in the first half of 2024-25. The carrier typically generates most of its revenue in the second half of the year, which includes the peak summer period.The airline has hedged 70% of its fuel needs for the rest of the financial year to September, but each $100 movement in the spot price of jet fuel per metric tonne adds £40m in costs for its unhedged supply. Currently, the price is about $800 higher than before the conflict started.Chief executive Kenton Jarvis said demand remained strong in the short term, but customers were leaving it later to book due to economic uncertainty. However, he assured that fuel supplies remained normal and that any talk of having to cancel flights was pure speculation.Jarvis added that there was continued positive demand, but easyJet's financial performance had worsened year on year, impacted by the conflict in the Middle East and the competitive environment in some markets. Shares fell 3% in early trading.
#fuel #year #easyjet
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World Economy Apr 16, 2026

UK Economy Shows Unexpected 0.5% Growth Before Iran War

The UK economy showed a surprise 0.5% growth in February, driven by strong performances in the serv…
The UK economy demonstrated resilience with a 0.5% growth in February, surpassing the 0.1% forecast by economists. This growth was primarily fueled by a strong performance from the services sector and manufacturing, both of which posted 0.5% growth, and a recovery in construction output, which was up 1%.The Office for National Statistics (ONS) reported that the economy had been gaining momentum before the Iran war dashed hopes of recovery. The growth in the three months to February was 0.5%, up from 0.3% in the three months to January, indicating strengthening growth.Grant Fitzner, the ONS chief economist, noted that growth was driven by broad-based increases across services, with wholesaling, market research, hospitality, and publishing performing well. The recovery of Jaguar Land Rover from a cyber-attack also contributed to the improving three-monthly picture.However, economists have downgraded forecasts for UK growth in 2026 due to soaring oil and gas prices resulting from the Iran war. Business and consumer confidence have declined sharply, and investors believe interest rates may have to rise to restrain the inflationary impact of the war.Martin Beck, chief economist at WPI Strategy, warned that February's growth might be the calm before the storm, with the conflict in the Middle East likely to drag overall Q1 growth down. Suren Thiru, chief economist at the ICAEW, also predicted that March would see a decline in economic activity due to skyrocketing fuel prices and supply chain chaos.
#growth #february #war
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Entertainment Apr 16, 2026

The Fear of 13 Broadway Review: A Sturdy but Unremarkable Adaptation

The Fear of 13, a Broadway play based on the true story of Nick Yarris, who was wrongfully imprison…
The Broadway adaptation of The Fear of 13, a play by Lindsey Ferrentino, has been described as sturdy and dependable, but ultimately unremarkable. The play tells the true story of Nick Yarris, who spent 22 years on death row for a crime he did not commit.Based on Yarris's memoir and documentary, the play follows his journey from a troubled youth to his wrongful conviction and eventual exoneration through DNA evidence. Despite its powerful subject matter, the play's execution feels safe and conventional, lacking the depth and inventiveness needed to make a lasting impact.The cast, featuring Adrien Brody and Tessa Thompson, delivers solid performances, with Thompson bringing warmth and understatement to her role as Jacki, Yarris's love interest. However, the play's structure has been criticized for being lopsided, with too much focus on setting up the story and not enough on the emotional depth of the characters.Ferrentino's writing is crisp and propulsive at times, but falters when attempting more lyrical moments, such as the play's final monologue, which falls into vagueness and cliché. The play's themes of hope, perseverance, and the beauty of everyday life are worthy, but not particularly new or insightful.Overall, while The Fear of 13 is a well-crafted and engaging play, it ultimately feels like a fleeting experience that fails to leave a lasting impact on the audience.
#The Fear of 13 #Nick Yarris #Broadway
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Technology Apr 16, 2026

Pragmata Review: Capcom’s Lunar Sci‑Fi Adventure Marries Innovative Hacking Combat with a Heartfelt Father‑Daughter Story

Capcom’s new title Pragmata, released on April 17 2026 for £49.99, blends a sleek lunar sci‑fi sett…
When Capcom first unveiled Pragmata alongside the PlayStation 5 in 2020, the teaser promised high‑octane space action. Six years later, the game finally launched on April 17, 2026 at a retail price of £49.99, revealing a narrative that leans more toward emotional storytelling than pure spectacle.Set on a moon‑based research outpost operated by the fictional Delphi corporation, the story revolves around a cutting‑edge 3D‑printing material called Lunafilament. When the station loses power, Earth‑based engineer Hugh is dispatched to investigate, only to discover a silent, half‑printed landscape littered with abandoned tools and unfinished constructs.Gameplay hinges on a novel hacking mechanic. Hugh is accompanied by Diana, a 3D‑printed android designed to resemble a six‑year‑old girl, who can infiltrate enemy code in real time. Players trigger a side‑screen mini‑game that reveals robotic foes’ weak points, turning combat into a blend of reflex shooting and strategic code‑breaking reminiscent of classic handheld RPGs.Beyond the mechanics, the title’s emotional core emerges through the evolving bond between Hugh and Diana. Their interactions feel organic, with Diana sketching pictures, playing hide‑and‑seek, and gradually learning about humanity through Hugh’s stories. This father‑daughter dynamic avoids saccharine tropes, instead offering moments that genuinely resonate.Exploration rewards curiosity: the lunar base gives way to tropical jungles, sun‑kissed beaches, and a half‑printed recreation of New York City. An underground shelter functions as a hub for upgrades, training simulations, and further character development, echoing the atmospheric pacing of titles like Death Stranding.Visually, the game benefits from the direction of Cho Yonghee, known for the acclaimed Nier: Automata. Despite its ambitious art direction, Pragmata runs smoothly on both the high‑end PS5 Pro and the portable Switch 2, demonstrating impressive optimization across hardware tiers.In sum, Pragmata stands out as a beautifully crafted single‑player adventure that marries inventive combat with a surprisingly moving narrative. Its blend of sci‑fi aesthetics, heartfelt storytelling, and polished performance makes it a noteworthy addition to the current generation of console releases.
#you #pragmata #hugh
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Film Apr 16, 2026

Colours of Time: A Charming French Comedy Blending Art, History, and Family Secrets

Colours of Time, directed by Cédric Klapisch, is a charming French comedy that weaves a romantic ba…
Cédric Klapisch’s new film, Colours of Time, is an entertaining sentimental fantasy that invents a romantic backstory to the career of Claude Monet and his contemporary, the pioneering photographer Félix Nadar. The film follows Adèle, a fictional young woman who makes a fateful journey to find her errant mother in Paris during the belle époque, leaving behind her sweetheart and the village where she was brought up, in the countryside near Monet’s home town of Le Havre.The story intercuts enjoyably between past and present, as Adèle's life and times are rediscovered by her descendants. In the present day, dozens of descendants of Adèle are contacted by lawyers and PRs working for a property company that wants to build a vast new shopping mall, which would mean bulldozing Adèle’s derelict cottage. This garrulous ragtag bunch must give their collective consent, leading to a journey of discovery that uncovers historical secrets: photos, letters, and even what might be a painting.The film takes a pretty un-subversive view of art and artists but is executed with brio and comic gusto, particularly in the “past” sections. Suzanne Lindon’s performance has charm, and the detective work is interspersed ingeniously with what Adèle in her own day discovers about her errant mother. The film culminates in a wacky climax when the present-day claimants have an Ayahuasca psychoactive experience, sending them back in time to encounter historical culture icons in person at an exhibition.Colours of Time is a film that requires a sweet tooth, but it’s tasty. It’s set to hit UK cinemas from 17 April.
#her #time #monet
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Sports Apr 15, 2026

England Cricket Captain Stokes Recounts Harrowing Facial Injury, Feels 'Lucky' to Be Alive

England Test captain Ben Stokes shares his experience of suffering a broken cheekbone during a net …
England Test captain Ben Stokes has revealed that he feels fortunate to be alive after undergoing surgery for a broken cheekbone sustained during a cricket training session. The incident occurred when Stokes, 34, was hit in the face by a cricket ball while coaching young players at his domestic county side Durham in February.Stokes required major facial surgery to repair the damage and has since expressed his gratitude for a positive outcome, acknowledging that the situation could have been much worse. He mentioned that if he hadn't turned his head at the right moment, the consequences could have been fatal.“I copped one straight in the face,” Stokes told the England and Wales Cricket Board. “Pretty nasty but, funnily, probably the best result of a bad situation, to be honest. Just a couple of inches one way or the other, I might not be here doing this interview, if I didn’t turn my head round.”Stokes is set to return to action in two first-class County Championship games next month and is expected to lead England in their home Test series against New Zealand starting on June 4. The team is looking to bounce back from a 4-1 Ashes defeat in Australia.In addition to his injury update, Stokes also downplayed reports of a rift with England coach Brendon McCullum, emphasizing their shared goal of achieving success with the team. Stokes and McCullum have implemented an aggressive style of play known as “Bazball,” which has been under scrutiny following England’s recent performance.
#Ben Stokes #England cricket #Test cricket
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Sports Apr 15, 2026

Uzbek Grandmaster Sindarov Clinches World Championship Match Against India's Gukesh

Uzbek chess grandmaster Javokhir Sindarov has won the Candidates Tournament, securing a World Champ…
Uzbek grandmaster Javokhir Sindarov has emerged victorious in the chess Candidates Tournament, drawing with Dutchman Anish Giri to set up a highly anticipated World Championship match against India's Gukesh Dommaraju.The 20-year-old Sindarov dominated the event in Cyprus, winning six of his 13 games and losing none. This impressive performance earned him 9.5 points, two clear of second-placed Giri on 7.5.Sindarov's victory marks a significant milestone in his career, and he expressed his relief and happiness after the tournament. 'It was the hardest week in my life. I even slept really bad the last few days. I am very happy to finish this tournament with a win,' he said.The World Championship match against Gukesh, who won the title in 2024 by defeating China's Ding Liren, is expected to be a challenging encounter. Sindarov acknowledged Gukesh's experience but expressed confidence in his own abilities, stating, 'Gukesh has an experience of playing at this level. But I have a very good team. I have a lot to work on, and I will work a lot for this and take my chances.'While Sindarov's breakthrough and the rise of a younger generation may spark speculation about a potential comeback by Magnus Carlsen, the Norwegian has stated that he has no intention of returning to the classical World Championship cycle.A precise date and venue for the World Championship match have yet to be announced.
#Javokhir Sindarov #Gukesh Dommaraju #Candidates Tournament
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Sports Apr 15, 2026

Trail Blazers Stun Suns with Comeback Victory in NBA Play-in Game

The Portland Trail Blazers pulled off a stunning comeback to defeat the Phoenix Suns 114-110 in an …
The Portland Trail Blazers have ended a four-year playoff drought with a thrilling 114-110 victory over the Phoenix Suns in an NBA play-in game. Deni Avdija led the charge with a career-high 41 points, including the decisive three-point play with 16.1 seconds remaining to cap a remarkable comeback from an 11-point fourth-quarter deficit.The Trail Blazers will now face the No. 2 seed San Antonio Spurs in a best-of-seven Western Conference playoff series starting on Sunday. Meanwhile, the Suns will have another chance to secure a playoff spot on Friday against the winner of the Golden State Warriors and Los Angeles Clippers play-in game.Avdija's impressive performance included 12 assists and seven rebounds, while Jrue Holiday added 21 points and Jerami Grant contributed 16 points, including crucial three-pointers down the stretch. For the Suns, Jalen Green scored 35 points, Devin Booker had 22 points, and Dillon Brooks added 20 points.In another play-in game, the Charlotte Hornets edged the Miami Heat 127-126 in overtime, with LaMelo Ball hitting a go-ahead layup with 4.7 seconds left and Miles Bridges blocking Davion Mitchell's shot at the buzzer.
#points #avdija #blazers
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World Economy Apr 15, 2026

Allbirds Stock Surges 582% as Eco-Friendly Shoe Maker Pivots to AI

Shares in eco-friendly shoe maker Allbirds surged 582% after the company announced it is pivoting t…
Shares in eco-friendly shoe maker Allbirds experienced a dramatic surge of 582% after the company announced a sudden pivot to artificial intelligence and rebranding as 'NewBird AI'. The unexpected move sent the company's stock price soaring during a flurry of trading.Allbirds, known for its minimalist wool sneakers popular in Silicon Valley, had struggled in recent years, with its shares losing 99% of their worth since 2021. The company was once valued at $4 billion but had fallen into disrepair. Earlier this month, Allbirds announced plans for a $39 million sale to brand management firm American Exchange Company.The company's new focus will be on acquiring graphics processing units to support AI compute. Allbirds stated, “The rise of AI development and adoption has created unprecedented structural demand for specialized, high-performance compute that the market is struggling to meet. NewBird AI is being built to help close that gap.”Allbirds has secured $50 million in funding from an unnamed investor for its new AI operation, according to a filing with the Securities and Exchange Commission. The company will shift from its status as an eco-conscious public benefit corporation to a conventional corporation, with a reduced focus on environmental conservation.Despite its initial success, with sustainability central to its marketing and endorsements from celebrities like Leonardo DiCaprio, Gwyneth Paltrow, Oprah Winfrey, and Barack Obama, Allbirds struggled to sustain momentum and largely fell out of fashion. The company closed its last physical stores in the US in January and reported a $20.3 million loss in the third quarter of last year.Allbirds is now awaiting shareholder approval for American Exchange Company’s purchase of the company in a vote next month. The sale will enable Allbirds “to pivot its business to AI compute infrastructure, with a long-term vision to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider.”
#company #allbirds #new
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