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Glass Lewis, a leading proxy adviser, has advised investors to vote against BP's chair Albert Manifold because the board chose to exclude a climate‑strategy resolution from the upcoming annual general meeting.The resolution, put forward by activist shareholder group Follow This, sought a discussion of BP's long‑term strategy under scenarios of declining oil and gas demand.BP, currently pivoting back to oil and gas after a faltering renewable push, appointed Manifold in October with a promise to help the company “reach its full potential”.In a parallel leadership change, the firm named Meg O’Neill, a former ExxonMobil executive, as chief executive – making her the first woman to lead BP and its fourth CEO since 2023.Glass Lewis argued that the board’s decision to drop the climate proposal raises serious questions about transparency, shareholder communication and responsiveness, according to a note first reported by Reuters.Manifold responded on BP’s website, stating that the board concluded the Follow This proposal was invalid and would be ineffective if passed.Another proxy adviser, ISS, also recommended voting against BP’s request to retire two older climate‑impact reporting resolutions, contending that the proposals remain relevant despite newer reporting frameworks.Follow This disclosed that 12 institutional investors plan to oppose BP’s move to scrap its climate disclosures, and its CEO Mark van Baal warned that more than 25% of shareholders could vote against the resolution, enough to block it.O’Neill, addressing staff, highlighted the “significant complexity” of today’s environment – geopolitical tension, rapid technological change, and shifting global energy demand – and reaffirmed BP’s mission to deliver energy safely, reliably and efficiently.

JP Morgan Chase has secured approval from London City Airport to build one of Europe's tallest office towers in the east of the capital. The planned £3bn tower, set to be the tallest in the Canary Wharf financial district, will serve as JP Morgan's new UK headquarters.The two sides have agreed that the tower could be 265 meters tall, approximately 30 meters taller than One Canada Square, currently the tallest building in Canary Wharf. The new building will span 279,000 sq meters (3 million sq ft) and house more than half of JP Morgan's 23,000 UK staff.Any new developments within 10km of the airport are considered to be within its 'area of interest', requiring consultation with airport officials to ensure new buildings do not interfere with aircraft movements. Following the conclusion of talks with City airport, JP Morgan is finalizing the tower designs and will soon apply for planning permission.The project is expected to add almost £10bn to the UK economy over six years and create about 7,800 construction-related jobs. Questions are being raised about the financial inducements JP Morgan has sought from the UK government, including a discount on business rates, despite the bank's $57bn (£43bn) net income in 2025.The Treasury has proposed a discount on rates of 'up to 100%' over 'a period of years', potentially representing a saving of hundreds of millions of pounds. The site would generate up to £1.6bn in rates over 25 years if there were no discount.

A sharp political row has ignited between the central government in Madrid and the Basque regional authorities over a request to display Picasso’s Guernica at the Guggenheim Museum in Bilbao from 1 October to 30 June, coinciding with the 90th anniversary of the town’s devastating aerial attack.The masterpiece has been housed in Madrid’s Reina Sofía museum since 1992, and previous appeals to relocate it to the Basque Country have been consistently rejected.The latest demand has seen Isabel Díaz Ayuso, the outspoken conservative president of the Community of Madrid, and Aitor Esteban, leader of the Basque nationalist party, exchange barbed remarks, each accusing the other of a “provincial” outlook.Ayuso argued that moving the painting “doesn’t make sense” and quipped that, if origin mattered, “all of Picasso’s works should be sent to Málaga,” the artist’s birthplace. She also warned that the Reina Sofía fears the relocation could damage the delicate canvas.Esteban shot back, suggesting that Ayuso’s notion of national identity was reduced to “drinking beer on a terrace bar,” a jab at her stance on keeping Madrid’s bars open during the pandemic.Basque president Imanol Pradales challenged the Spanish government’s resolve, asking whether it could muster the courage to move Guernica after having “dragged Franco out of his tomb.” He framed the decision as a test of political will.The Basque administration proposes to exhibit the work at the Guggenheim for eight months, framing the display as a tribute to the victims of the 1937 bombing of the town of Guernica.The black‑and‑white canvas captures the horror of the attack carried out by the German Condor Legion and the Italian air force on 26 April 1937, an early example of strategic aerial bombardment of civilians during the Spanish Civil War.Casualty estimates for the raid vary widely—from as few as 126 to as many as 1,654 dead—yet the painting has become an enduring global symbol of the atrocities of war.After its debut at the 1937 Paris International Exposition, Guernica toured Europe and the United States. Picasso, who opposed its return to Spain under Franco’s dictatorship, later allowed it to reside at New York’s Museum of Modern Art (MoMA) for several decades.Art historian Francisco Chaparro cautioned that, while the Spanish government cannot entirely rule out a move, the risk of damage must outweigh any political motivations. He likened the situation to the Mona Lisa’s permanent stay at the Louvre and Velázquez’s *Las Meninas* at the Prado, noting that Guernica has been “rolled and unrolled on numerous occasions.”Artist José Manuel Ballester reminded observers that Picasso himself had envisioned the painting hanging in the Prado, a position he never assumed during the civil war.In 2000, the Reina Sofía rejected a request from MoMA to loan Guernica, declaring that the “great icon of our museum must remain, without exception, separate from the policy on lending works to other museums.”Note: The article was amended on 7 April 2026 to include the German Condor Legion alongside the Italian air force in describing the 1937 bombing.

The notion that space exploration is pointless is gaining traction, and for good reason. As the world grapples with pressing crises, the urgency to address them on our own planet grows. The idea of venturing into space, once driven by the possibility of encountering little green people, now seems less compelling.The "Where is everybody?" paradox, first posed by physicist Enrico Fermi in 1950, remains a profound question. If intelligent life exists elsewhere, why has it not made contact? The author's conclusion is that there is no intelligent life out there, and that our planet is unique in its beauty.The latest moon mission has sparked renewed debate, with many people taking offense to the idea that space exploration is unnecessary. Some argue that it stifles innovation and modernity, while others point to the technological advancements that have come from space exploration. However, the author counters that many of these advancements have been used for military purposes, and that the focus on space exploration detracts from more pressing issues on Earth.The author, Zoe Williams, a columnist for The Guardian, emphasizes that her criticism is not directed at the astronauts themselves, but rather at the financial outlay and energy expenditure dedicated to space travel. She questions whether the United States, in particular, has bigger priorities to address, such as domestic issues.

Effective September, the UK will limit interest on Plan 2 and Plan 3 student loans to 6%, announced by ministers amid growing concerns that higher inflation could push repayments sharply higher for graduates.Currently, borrowers on Plan 2 pay an interest rate equal to the Retail Prices Index (RPI) – presently 3% – plus up to an additional 3% once they earn more than £29,385. While studying, both Plan 2 and Plan 3 loans already attract RPI + 3%.Plan 2 loans cover undergraduate courses and Postgraduate Certificates of Education taken out since 1 September 2012 in Wales and between that date and 31 July 2023 in England. Plan 3 loans apply to postgraduate master’s or doctoral programmes for borrowers in England and Wales.Skills Minister Jacqui Smith linked the decision to global instability, noting that “the conflict in the Middle East is causing anxiety at home… Capping the maximum interest rate will provide immediate protection for borrowers, supporting those most exposed within this already unfair system.”The repayment threshold will remain frozen at £29,385 for the next three years, until 2030, a policy that could raise annual repayments by up to £300 for many graduates.Labour MPs have pressed the government to reconsider this freeze, arguing it will erode real‑term earnings as the threshold approaches the minimum wage by 2030.National Union of Students president Amira Campbell welcomed the cap as “a huge win” for the more than 5 million people on Plan 2 loans, but warned that “the change cannot come alone” and called for a rise in the repayment threshold in line with incomes.Prime Minister Keir Starmer has pledged to explore ways to make the student‑loan system fairer, echoing criticism from Conservative leader Kemi Badenoch, who described the scheme as a “debt trap” at “breaking point”.

Offset, the former Migos member, was wounded in a shooting outside the Seminole Hard Rock hotel and casino in Florida on Monday and is currently listed as stable while being closely monitored by medical staff.The incident occurred in the valet parking zone of the venue, according to the artist’s spokesperson, who confirmed that the rapper – whose legal name is Kiari Kendrell Cephus – was promptly taken to a nearby hospital.Law enforcement officials detained two individuals in connection with the case, and the Seminole police department issued a statement emphasizing that the location remains secure and poses no danger to the public.Details surrounding the motive or events leading up to the shooting have not been released, and investigators are continuing to gather evidence.Offset, who was previously married to fellow rapper Cardi B and shares three children with her, has been a prominent figure in the hip‑hop scene since the rise of Migos. The group gained fame with the 2013 hit “Versace” and later secured Grammy nominations for albums such as 2017’s Culture. Their chart‑topping collaborations include “Bad and Boujee” with Lil Uzi Vert and “MotorSport” featuring Nicki Minaj and Cardi B.The shooting revives memories of the 2022 murder of Migos member Takeoff, who was killed outside a Houston bowling alley. The alleged shooter, Patrick Clark, maintains his innocence and is slated for trial in November.In personal news, Cardi B filed for divorce from Offset in 2024, ending their secret 2017 marriage.Associated Press contributed to this report.

The Artemis II mission has achieved a remarkable feat, with the crew flying further from Earth than any human before them, reaching a distance of 406,778km (252,760 miles) from Earth. This historic moment broke a 56-year-old record set by the Apollo 13 mission.During their six-hour lunar flyby, the crew captured unprecedented views of the moon's far side, providing a human perspective on features previously only known through robotic photographs. The astronauts used high-powered Nikon cameras and their iPhones to document the lunar surface, with plans to return with thousands of pictures, including images of the Apollo 12 and 14 landing sites.The mission also included an emotional moment when the crew honored the legacy of past astronauts. They began the day with a wake-up message from Jim Lovell, the Apollo 13 commander, who recorded the message two months before his death. Lovell welcomed the crew to 'my old neighborhood' and encouraged them to enjoy the view.In a touching gesture, the astronauts named two fresh lunar craters. They proposed the names Integrity for their capsule and Carroll, in honor of Commander Reid Wiseman's late wife who passed away from cancer in 2020. Wiseman, a former fighter pilot, has been raising their two daughters on his own since then. The names will be passed along to the International Astronomical Union for official designation.The mission's free-return lunar trajectory took advantage of gravity from the Earth and moon, reducing the need for fuel. This figure-of-eight path will put the astronauts on course for home once they emerge from behind the moon. As they passed across the far side of the moon, the capsule experienced a 40-minute communications blackout, a routine occurrence during the Apollo missions.Canadian astronaut Jeremy Hansen challenged future generations to make sure the record broken by Artemis II is not long-lived. The crew's achievements and emotional moments highlight the significance of this mission in the history of space exploration.

Rohan Dennis took to Instagram on Monday night to condemn what he called a "false narrative" spun by the press following the death of his wife, fellow Olympian Melissa Hoskins, in a car accident near their Adelaide home. In his post, the former world‑time‑trial champion wrote that the media wanted to portray him as "the husband who abused his wife," a characterization he vehemently denies. In May 2025, Dennis received a 17‑month suspended sentence after pleading guilty to an aggravated act likely to cause harm. He was not held criminally responsible for Hoskins' death, but the court imposed a $100 fine, a two‑year good‑behaviour bond, and a five‑year licence suspension. Earlier this year, Dennis sparked further controversy by posting a photo of a black Porsche with the caption "What an absolute weapon," prompting South Australia’s victims’ rights commissioner, Sarah Quick, to label the post "deeply offensive." He later shared a picture of his two children, calling them "two absolute weapons," which intensified media scrutiny. Denning’s Instagram statements accuse journalists of harassing his family, claiming they asked him if he was a murderer and how he felt "knowing he killed his children’s mother." He asserted, "I have ALWAYS been against any sort of abuse against women, especially the one who gave birth to my children." During sentencing, Judge Ian Press emphasized that Dennis was not charged with causing Hoskins' death, noting that she "held on to the car as you accelerated" before falling. The judge’s remarks underscored the legal distinction between the aggravated act and the fatal outcome. Denis’s career highlights include two world titles in the road time trial, a silver medal in the team pursuit at the 2012 Olympics, and a bronze in the road time trial at the Tokyo Games. Hoskins herself was a two‑time Olympian, competing in the team pursuit in 2012 and 2016 and contributing to Australia’s 2015 world‑title squad. By calling the coverage "pathetic journalism" and urging media outlets to "back off and leave my family alone," Dennis seeks to shift public focus from the tragedy to what he perceives as sensationalist reporting.

Universal Music Group (UMG), the world's largest music company, has received a takeover offer from billionaire Bill Ackman's hedge fund, Pershing Square. The deal values UMG at over €50bn (£44bn). Pershing Square, based in New York, has offered a cash and stock deal to acquire the business, which is home to renowned artists such as Taylor Swift and Elton John.Ackman stated that while UMG, led by British-born Sir Lucian Grainge, has done an excellent job in nurturing its artist roster and generating strong business performance, its share price has lagged due to issues unrelated to the performance of its music business. He specifically mentioned the delay in UMG's US listing, underutilization of its balance sheet, and uncertainty around the French conglomerate Bolloré Group's 18% stake in the company.Shares in UMG, listed in Amsterdam since 2021, have lost more than a quarter of their value in the past year. The company is one of the 'big three' record labels, alongside Sony Music Entertainment and Warner Music Group, with a diverse roster ranging from classical music to stars like Adele, Drake, and Ariana Grande.Ackman also cited a 'lack of investor credit' in the company's valuation of its €2.7bn stake in the music streaming service, Spotify. Pershing Square, which Ackman established in 2004, controls over $26bn in assets and bought a 10% stake in UMG in 2021.As part of the proposed deal, Pershing Square would add Michael Ovitz, a veteran talent agent, as chair, along with two representatives from Pershing Square to UMG's board. The deal would also involve a new employment contract and compensation arrangement for Sir Lucian Grainge. Under the terms, UMG would merge with a blank-cheque company set up by Pershing Square and then list on the New York Stock Exchange. Shareholders would receive a total of €9.4bn in cash and 0.77 shares in the new company for every Universal share they own, representing a 78% premium compared to the company's closing share price on Thursday.