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Business May 28, 2026

Burberry Boss Could Earn Up to £12.2m This Year Under New Bonus Scheme

Burberry's new CEO, Joshua Schulman, could earn up to £12.2m this year under a new bonus scheme. Hi…
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".
#Burberry #Joshua Schulman #Executive Pay
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Sports May 28, 2026

Brazil World Cup 2026 Preview: Players to Watch, Group Matches, and Squad

Brazil head to the 2026 World Cup as the most decorated nation yet under a 24‑year title drought, g…
Lead: Brazil’s 2026 World Cup outlook Brazil enter the 2026 FIFA World Cup as the most decorated nation with five titles, yet they have not lifted the trophy in 24 years. Under new manager Carlo Ancelotti, the squad blends seasoned stars such as Neymar and emerging talents like Vinicius Jr as they aim to defy low expectations. Ancelotti’s foreign‑manager milestone and tactical shift After dismissing Dorival Jr, Brazil appointed Carlo Ancelotti – the nation’s first permanent foreign coach. The Italian brings five Champions League crowns and experience across Europe’s top five leagues, promising a pragmatic yet attacking approach. Ancelotti has already repositioned Vinicius Jr as a central striker and reinstated Neymar despite recent injury concerns. Key statistics and squad composition World Cup appearances: 22 (every tournament since 1930) Best performance: Winners (1958, 1962, 1970, 1994, 2002) FIFA ranking: 6 Top scorer: Ronaldo – 15 goals Most caps: Cafu – 20 matches Player to watch: Vinicius Jr Squad highlights: Goalkeepers: Alisson, Ederson, Weverton Defenders: Marquinhos, Alex Sandro, Danilo, Gabriel Magalhães Midfielders: Bruno Guimarães, Casemiro, Fabinho Forwards: Vinicius Jr, Neymar, Raphinha, Endrick Why Brazil’s underdog narrative could reshape the tournament Despite a star‑laden roster, Brazil are among the least fancied Brazilian sides ever, a status that may relieve pressure and allow creative freedom. The blend of experienced leaders and youthful vigor, combined with Ancelotti’s proven ability to manage egos, could make Brazil a surprise contender against groups that include Morocco, Scotland and debutants Haiti. Outlook and Al Jazeera’s projection Al Jazeera predicts Brazil will reach the quarter‑finals. Their success will hinge on the fitness of Neymar, the form of Vinicius Jr, and the defensive stability provided by Marquinhos and Alisson. If the squad clicks, a deep run is plausible; otherwise, early knockout looms. Group C schedule June 13 – Brazil vs Morocco (East Rutherford, New Jersey) – 18:00 local / 22:00 GMT June 19 – Brazil vs Haiti (Philadelphia) – 21:30 local / 01:30 GMT (June 20) June 24 – Scotland vs Brazil (Miami) – 18:00 local / 22:00 GMT
#Brazil #Carlo Ancelotti #Vinicius Jr
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Business May 28, 2026

Oura Unveils Ring 5, the Smallest Smart Ring Yet, and Sets Sights on 2026 IPO

Finnish‑American wearable maker Oura unveiled the Ring 5, the world’s smallest smart ring, and sign…
Ring 5 Redefines the Smart Ring Form FactorOura introduced the Ring 5, a 40% smaller iteration of its flagship device, measuring just 2.28 mm in thickness. The ring packs the health‑tracking capabilities of a smartwatch—sleep, stress, readiness and heart health—into a jewellery‑like profile while extending battery life. It will ship on 4 June with a retail price of £399 (€399/$399) and a mandatory $5.99 monthly subscription.40% reduction in size versus Ring 4Battery life increased (exact hours not disclosed)Subscription‑based model adds recurring revenueFinancial Outlook: $1 bn Revenue Target and $11 bn ValuationOura reports roughly 5 million paying subscribers and a four‑fold revenue growth over the past two years, projecting $1 bn in revenue for 2025. The company is currently valued at about $11 bn ahead of an IPO slated for later this year.Market Implications: Accelerating Smart‑Ring Adoption and Competitive LandscapeAnalyst firm FDM CCS Insight estimates 4 million smart rings shipped in 2025, a figure that has more than doubled each year for the past two. While still dwarfed by the 175 million smartwatches shipped in the same period, rings are gaining traction among both traditional smartwatch users and those who prefer a less conspicuous device. Oura’s focus on sleep‑first tracking and a “female‑first” design philosophy differentiates it from larger players such as Apple.What’s Next: IPO Timing and Expansion of Proactive Health ServicesWith a global footprint that now includes offices in Helsinki, London, Los Angeles, San Diego and dual headquarters in San Francisco and Oulu, Oura is positioning the Ring 5 as a gateway to broader health‑care services. Upcoming software features—such as a health radar for early detection of blood‑pressure spikes and GLP‑1 weight‑loss monitoring—signal a shift toward proactive health management. Investors will be watching the IPO filing later in 2026 for clues on how the company plans to monetize these new services and sustain its growth trajectory.
#Oura #Ring 5 #Smart Wearables
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Politics May 28, 2026

Ben Rhodes Examines America's Defining Speeches

Ben Rhodes, former speechwriter for Barack Obama, discusses his new book 'All We Say: The Battle fo…
Unpacking America's Defining Speeches Ben Rhodes, a former speechwriter and deputy national security adviser to Barack Obama, has written a book titled 'All We Say: The Battle for American Identity: A History in 15 Speeches'. The book examines 15 significant speeches that have shaped American history and identity. The Event Details Rhodes' book starts with speeches from 250 years ago, including those by Benjamin Franklin and Sagoyewatha or Red Jacket. It covers great speeches by figures such as Frederick Douglass, Abraham Lincoln, Franklin D Roosevelt, Martin Luther King Jr, and John F Kennedy. The book also includes reactionary voices like Alexander H Stephens, Ronald Reagan, and Donald Trump. The Data Analysis Rhodes notes that it was challenging to find speeches by women, particularly before World War II. He highlights the speeches of lesser-known 19th-century campaigners like Maria Stewart and Anna Dickinson, as well as Dolores Huerta, the champion of Hispanic workers. The Impact Analysis The book aims to show how American identity has evolved over time. Rhodes discusses how Obama's speeches, such as 'A More Perfect Union', addressed issues of race and identity. He also analyzes speeches by other significant figures, including Frederick Douglass and his 'Composite Nation' speech, which advocated for mixed-race democracy. The Prediction Rhodes' work offers insights into the complexities of American identity and the power of speeches to shape the national conversation. His book provides a nuanced understanding of the country's history and the ongoing struggle to define what it means to be American.
#Ben Rhodes #Barack Obama #American Identity
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World Wide May 28, 2026

16 Students Killed in Dormitory Fire at Kenya’s Utumishi Girls School

A fire erupted overnight at the Utumishi Girls School dormitory in Gilgil, central Kenya, killing a…
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.
#Kenya #Utumishi Girls School #Gilgil
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Sports May 28, 2026

French Open 2026: Sinner, Osaka, Sabalenka and Gauff in action on day five

The French Open 2026 continues on day five with several high-profile matches. Jannik Sinner, Naomi …
Day Five of the French Open 2026The fifth day of the French Open 2026 promises to be exciting, with several top players taking to the court. The day begins with a match between Naomi Osaka and Donna Vekic, while Iva Jovic meets Emma Navarro.Key MatchesJannik Sinner takes on Juan Manuel CerúndoloNaomi Osaka faces Donna VekicAryna Sabalenka and Coco Gauff are also in actionPlayer HighlightsMoise Kouame, the 17-year-old local boy who stunned Marin Cilic in round one, looks to continue his impressive run against Adolfo Daniel Vallejo. Other players in action include Amanda Anisimova, Madison Keys, and Felix Auger-Aliassime.
#French Open #Jannik Sinner #Naomi Osaka
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Business May 28, 2026

BP Boardroom Turmoil Deepens as Ousted Chair Albert Manifold Denies Conduct Allegations

BP’s former chair Albert Manifold has publicly rejected media reports accusing him of aggressive co…
BP’s boardroom conflict intensified on Thursday when ousted chair Albert Manifold issued a lengthy statement denying allegations of aggressive behaviour and asserting that no concerns were raised about his conduct during his brief tenure.The Boardroom Standoff: Manifold’s Public RebuttalManifold challenged multiple media reports that described his interactions with colleagues as aggressive. He emphasized that “at no point in my tenure as chairman of BP has anyone raised with me any issue about my conduct or my relationship with my colleagues”. He also dismissed claims that he sought to act as an “executive chair”, labeling them “nonsense”.Numbers Behind the Conflict: Tenure Length and Office PresenceTenure: Appointed in October 2025 and departed less than eight months later (May 2026).Office days: Spent only 13 days in BP’s London office during the current year.Career span: Over 40 years in senior roles, including a decade as CEO of Irish building‑materials group CRH.Strategic Implications for BP’s Governance and Cost‑Cutting DriveThe board’s decision to remove Manifold cited “serious concerns” about governance standards, oversight and conduct. BP reaffirmed its commitment to the cost‑reduction programme launched earlier, which includes job cuts and tighter expense controls. Interim chair Ian Tyler (former Balfour Beatty CEO) will oversee the transition while CEO Meg O’Neill, hired in December, continues to steer the strategy.What Lies Ahead for BP’s Leadership and Shareholder ConfidenceBP’s statement underscored a “duty of care” to employees and signalled that the board stands by its earlier remarks. The episode raises questions about the company’s ability to manage board dynamics while pursuing aggressive cost‑cutting and performance targets. Analysts are likely to watch the interim chair’s handling of the fallout and the timeline for appointing a permanent chair, as shareholder confidence hinges on perceived governance stability.
#BP #Albert Manifold #Meg O’Neill
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Entertainment May 28, 2026

'Sexy as Hell': Filthy and Hilarious Heated Rivalry Parody Musical Arrives in New York

The unauthorized musical parody of the popular Canadian TV series 'Heated Rivalry' has opened in Ne…
The Rise of Heated Rivalry: From Canadian TV to NYC StageWalking into the Culture Club in West Chelsea, New York, for a performance of Heated Rivalry: The Unauthorized Musical Parody last week, I was met by three ghosts left over from when the space was called the McKittrick hotel and it hosted the immersive spookfest, Sleep No More. The first was the phantom of clever detail: cans of Athletic IPAs for sale, a cute, non-alcoholic nod to the mega-popular series' hockey setting. The second was of unnerving fright, as I realized there would be no booze at this singing satire. Would I be able to make it through 90 minutes of jokes about an overexposed Canadian gay sports romance, with zero quality guarantee and an even lower blood alcohol concentration? At least at the downtown premiere of the popular parody Titanique, long before it proved itself worthy of a handful of Tony nominations, you could stand up and order a bucket of White Claws.But then the third specter materialized, the ghost of immersion and surrender, as this very funny production completely won me over. (I've since learned that a liquor license is forthcoming.) Heated Rivalry, for the uninitiated, is a television show adapted from a series of gay romance novels by Rachel Reid, a straight woman who unwittingly launched a thousand discussions about who gets to be horny over whom, how and when. Fans of the books petitioned for a wider release of the show produced for the Canadian streamer Crave, last November and, some six months later, its formerly unknown stars Connor Storrie and Hudson Williams are in easy contention for the most photographed people alive. Heated Rivalry: The Unauthorized Musical Parody is the latest addition to New York City's musical parody cottage industry, which has led me to a theater lobby where a woman in a branded hockey jersey is telling the stranger next to her that she's seen the series "probably not as many times as you think, but still a lot".The Unauthorized Musical: A Masterclass in ParodyThere was a communal giddiness as everyone filed into the unassuming performance space, where less than 200 folding chairs were arranged around a small stage. Super-fans were giddy that their dreams were coming true, and the more reserved types, perhaps blushing at what they deemed beneath them, were still clearly enjoying themselves. I liked the TV show just fine, a bit underwhelmed at what was broadly discussed as "softcore smut" but felt more in line with the twee "naughtiness" of the romance world. I had worried a musical parody put together in a few months would be a cash-grab; plain fan service for those who can't get enough of those six novels or episodes, not jabbing at the culture so much as stroking its ego. Impressively, as written by Dylan MarcAurele and directed by Alan Kliffer, it satisfies all three camps.Framing is everything, and this romp begins with a faux earnest number, à la Waitress, where three suburban Susans detail their newfound pastime: putting their husbands to bed with some iPad time, knocking back an "Ambien margarita" and reveling in their favorite televised "boy aquarium". From there, "Main Susan" (Ryann Redmond, glorious) recaps the years-long flirtation between the feuding players, innocent Japanese-Canadian "Shane Hollander" (Jimin Moon) and brusque Russian "Ilya Rozanov" (Jay Armstrong Johnson).The obligatory double entendres (a song titled Shane Hollander, Slap that Stick! or a line, by Shane's mom, about the "heavy load" her obviously gay son carries) are expertly delivered right between earnestness and tongue-in-cheek, but it's MarcAurele's ability to mock the story's sillier elements that clinched it for me. Shane, whose thumb-twiddling submissiveness often grated me in the TV show, is played by Moon as a dopey bottom with a hopeless romantic complex. What the series plays out as a forbidden romance writ epic across timelines and borders, MarcAurele presents as Shane's borderline delusion in dealing with an uncaring dom for years on end. "I keep replaying things he said," Shane beams after a hookup, "like, 'Ass up, little whore.'" The score's best number, certainly the one best primed for cabaret nights anywhere, is Liza Minnelli's Maybe This Time send-up where Shane croons, "This fuck felt different from the last fuck. This fuck, he asked if I would stay."If reading that inspires eyerolls – totally – Moon (and the rest of the cast, which includes Cherry Torres and Ryan Duncan) are so winning in their deliveries, so in on the joke without reducing their project into one, that it's impossible to resist. As the icy-hot Ilya, Johnson has the less showy role and plays it mostly straight, which makes his song about an outcast childhood made tragic by his impossibly "big ass, cold heart" that much funnier. And, well, let's face it: Johnson and Moon are sexy as hell, and charming to boot. Kliffer's inventive staging, with choreography by Brooke and Tiffany Engen on a resourceful set by Sully Ross, goes long on bunny-hopping glee.The Off-Broadway Parody Boom: A New RenaissanceThe Canadian Kliffer, previously artistic director of famed improv spots like Second City and Asylum NYC, where he helped launch Titanique's improbable boom, later told me that these parodies rarely come together with such speed, let alone quality. He'd loved MarcAurele's Pop Off, Michelangelo! in London and M3gan spoof stateside, and had just bought into Heated Rivalry, courtesy of its amorously optimistic fifth episode, when the writer texted him with the idea. The resulting work fits attractively between the out-and-out bawdiness of the Titanic send-up and the relentless Millennial nostalgia of Ginger Twinsies, which parodied the 90s Parent Trap remake last summer, and Kliffer notes that this very queer, very funny moment downtown – which also includes Cole Escola's Oh, Mary! – points to "a little bit of an Off-Broadway renaissance."This particular renaissance seems to be defined by parodies that are loving but not saccharine, willing to mock their source material while still celebrating what made it appealing in the first place. The success of these shows suggests a hunger for theater that doesn't take itself too seriously but still delivers genuine theatrical craft. In a city where Broadway ticket prices can be prohibitive, these intimate, affordable productions offer a different kind of theatrical experience – one that feels more accessible and immediate.Cultural Impact: Beyond the ParodyHeated Rivalry exists at the intersection of several cultural conversations. The original series, based on novels by Rachel Reid, sparked discussions about who gets to tell LGBTQ+ stories and how those stories should be represented. The parody doesn't shy away from these questions but instead uses humor to explore them. By exaggerating certain elements of the original series, the musical actually highlights what made it compelling in the first place.The show also represents the growing visibility of LGBTQ+ stories in mainstream entertainment. What began as niche content has become a cultural phenomenon, with the original series gaining international attention and its stars becoming unlikely celebrities. The musical parody capitalizes on this popularity while simultaneously commenting on it, creating a meta-narrative that appeals to both fans and newcomers.Moreover, the success of Heated Rivalry reflects a broader trend in entertainment where audiences are increasingly drawn to content that acknowledges and plays with its own artificiality. In an era of heightened awareness about media consumption, audiences seem to appreciate works that don't pretend to be anything other than what they are – crafted, performed, and enjoyed.The Future of Parody Theater: What's Next?As the Off-Broadway scene continues to evolve with these clever parodies, we can expect to see more adaptations of popular TV shows and movies hitting the small stage. The success of Heated Rivalry, following in the footsteps of Titanique and other parody hits, suggests that there's a sustainable market for this type of entertainment.What's particularly interesting is how these parodies are pushing the boundaries of traditional musical theater. They're more immediate, more self-aware, and more willing to break the fourth wall than many conventional productions. This approach seems to resonate with younger audiences who are accustomed to interactive media and meta-commentary.Looking ahead, we might see parodies of other recent cultural phenomena – perhaps streaming hits, viral social media trends, or even political events. The key to success, as demonstrated by Heated Rivalry, will be balancing genuine affection for the source material with sharp, intelligent humor that offers something new to the conversation.
#Heated Rivalry #Musical Parody #New York Theater
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Sports May 28, 2026

South Africa Names Two Uncapped Defenders in World Cup Squad

South Africa announced a 26‑man squad for the 2026 FIFA World Cup, inserting uncapped defenders Olw…
South Africa’s national team, Bafana Bafana, unveiled its World Cup squad on May 27, 2026, featuring two newcomers to the senior side – defenders Olwethu Makhanya (Philadelphia Union) and Bradley Cross (Kaizer Chiefs). The selection reflects a blend of recent domestic triumphs and a strategic push for defensive depth ahead of Group A matches. Uncapped Defenders Break Into Bafana Bafana Squad Coach Hugo Broos opted for the 22‑year‑old centre‑back Makhanya and the 25‑year‑old left‑back Cross despite neither having featured in the qualifying campaign. Their inclusion follows a dominant season for their clubs – Makhanya’s MLS side and Cross’s Kaizer Chiefs – and a desire to broaden defensive options after regular left‑back Aubrey Modiba entered the tournament with a hamstring concern. Squad Composition Numbers Highlight Domestic Dominance 26 players total 19 based in the South African Premier Division 5 playing in Europe 2 in the United States (MLS) Goalkeepers: Sipho Chaine, Ricardo Goss, Ronwen Williams Forwards include Burnley striker Lyle Foster The squad mirrors the recent success of Mamelodi Sundowns (CAF Champions League winners) and Orlando Pirates (South African Premiership champions), each contributing eight players. Implications for South Africa’s Group A Campaign South Africa opens against co‑hosts Mexico on June 11, followed by matches versus the Czech Republic (June 18) and South Korea (June 24). The addition of fresh defensive talent aims to address depth concerns, while seasoned midfielders like Themba Zwane and striker Lyle Foster provide creative and attacking options. Coach Broos emphasized the potential for upsets, recalling Morocco’s surprise run to the semifinals in the previous tournament. Looking Ahead: Coach Broos’s Final World Cup and Team Prospects At 74, Hugo Broos has announced this will be his last World Cup as head coach. His experience, combined with a squad heavily rooted in the domestic league, sets a narrative of a “team of fighters” seeking a historic second‑round appearance. Success would not only boost South Africa’s football profile but also cement Broos’s legacy as the architect of a competitive, home‑grown side.
#South Africa #Bafana Bafana #Hugo Broos
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