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Business May 31, 2026

Arm CEO Rene Haas in line for billion-dollar payday if chipmaker hits targets

Arm CEO Rene Haas could receive a pay package worth over $1 billion if he hits targets to turn the …
The Proposed Pay Scheme The chief executive of Arm is in line for a pay package that would make him a billionaire if he hits targets to turn the British microchip giant into the UK's first trillion-dollar company. Arm, which is listed in New York but retains its global headquarters in Cambridge, has proposed a pay scheme for Rene Haas in which he will receive generous annual share awards plus a maximum bonus of $800m if he can hit certain 'exceptional growth metrics'. The Targets In the proposed bonus, or 'value creation plan' for Haas, 63, he will be awarded 425,000 shares if he can hit targets. The first target is a trillion-dollar valuation by 2029, reaching $1.25trn the following year and £2trn by the end of March 2031. The Financial Impact The payout would be one of the biggest ever awarded by a British company. Assuming the policy is approved and the targets are hit, Haas is in line to make well over $1bn in total by 2031. Maximum bonus: $800m Annual award of shares: up to 200% of salary Targets: $1 trillion valuation by 2029, $1.25trn by 2030, and £2trn by 2031 The Industry Impact The eye-watering market capitalisation-based pay schemes increasingly being offered by US companies dwarf the level of rewards at UK businesses. This deal highlights the competitive nature of executive remuneration in the global technology industry. The Future Outlook Haas, who is pushing Arm from its core strategy of providing architecture for microchips in smartphones into developing chips for AI datacentres, has predicted that this change of tack could increase Arm's revenues fivefold.
#Arm #Rene Haas #SoftBank
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Sports May 31, 2026

Arsenal's Progress Under Arteta Evident Despite Champions League Final Defeat

Arsenal demonstrated significant progress under Mikel Arteta by winning the Premier League title bu…
The Lead: Arsenal's Mixed Season of Triumph and HeartbreakArsenal's 2025-2026 season encapsulated both remarkable achievement and painful disappointment. While the club secured its first Premier League title since 2004 under Mikel Arteta's leadership, they also endured the agony of losing two finals, most recently the Champions League final against PSG on penalties. This duality defined a season that stretched players to their physical and mental limits.The Season Marathon: Physical and Mental Toll on PlayersDeclan Rice emphasized the extraordinary demands of the season, noting that Arsenal's journey began in July with a pre-season match in Singapore and concluded with their 63rd game across all competitions. The midfielder highlighted the particularly grueling stretch from October onward, when the team faced three matches per week. Rice himself played in 55 of Arsenal's matches while battling through a persistent injury that left him operating at '70%' fitness for 'quite a while,' according to Thomas Tuchel.The Final Performance: Tactical Execution and Individual FlawsIn the Champions League final, Arsenal demonstrated their tactical discipline under Arteta's guidance. After Kai Havertz's early goal, the team effectively neutralized PSG's formidable attack until Cristhian Mosquera conceded a penalty that led to Ousmane Dembélé's equalizer. However, the match exposed several persistent issues: Arsenal's pass completion rate was a concerning 69% compared to PSG's 91%, and they made only 196 successful passes to PSG's 806. Individual attacking statistics were equally troubling, with Bukayo Saka completing just four passes and Martin Ødegaard touching the ball only 12 times.The Penalty Shootout: Misses and Mental FortitudeThe final's conclusion on penalties highlighted both Arsenal's resilience and their remaining vulnerabilities. Gabriel Magalhães missed the decisive fifth penalty, continuing a pattern that saw him miss in a pre-season shootout against Villarreal. Eberechi Eze's penalty technique, which had previously failed him in Crystal Palace's Community Shield victory, resurfaced with identical results against Arsenal. Despite these setbacks, Declan Rice's successful conversion in round three symbolized the team's character and determination throughout the match.Arteta's Evolution: From 'Mikelito' to Respected ManagerThe final showcased Mikel Arteta's growth as a manager, particularly in how his players executed the gameplan against PSG. Luis Enrique's affectionate yet potentially patronizing use of Arteta's old nickname 'Mikelito'—a reference to his time as a young hopeful at Barcelona—underscored the respect Arteta has earned. The Arsenal manager's ability to nullify Europe's most feared attack demonstrated his tactical acumen, even as the team's lack of precision in final passes revealed areas for continued development.The Road Ahead: Building on ProgressArsenal's season, while ending in Champions League final heartbreak, represents significant progress under Arteta. The combination of Premier League triumph and European final appearance establishes a foundation for future success. The physical and mental resilience demonstrated throughout the season, particularly in the face of such a demanding fixture schedule, suggests that the team is building the necessary characteristics to compete at the highest level consistently. As Rice noted, the experience gained from this grueling campaign will fuel their ambitions in seasons to come.
#Arsenal #Mikel Arteta #Declan Rice
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Sports May 31, 2026

South Africa's World Cup 2026 Departure Delayed Over Mexican Visa Issues

South Africa's national football team departure for the FIFA World Cup 2026 has been delayed due to…
The Visa Delay CrisisThe South African squad's departure for the FIFA World Cup has been delayed due to a hold-up in the visas for Mexico, whom they face in the tournament's opening game in 11 days, the South African Football Association (SAFA) has confirmed. Bafana Bafana, as South Africa's national men's football team is known, were scheduled to depart on a chartered flight from Johannesburg to Mexico City on Sunday morning, but remained grounded as visas for the cohost nation for some squad members were delayed.World Cup Opening Match in JeopardyMexico will host South Africa in the World Cup's opening game at the Estadio Azteca on June 11, making this delay particularly concerning. "The South African senior men's national team has experienced challenges regarding visas for some players and officials, and as a result the group could not travel to North America this morning as originally planned," SAFA said in a media release. The association emphasized that they are "working around the clock to ensure that the team travels to Mexico City as soon as possible ahead of the opening match."Squad and Tournament ScheduleHugo Broos announced his 26-man squad on Wednesday, which included two uncapped players. South Africa will warm up for the World Cup with a friendly against Jamaica on June 5. After taking on the cohosts in their opening group clash, they meet Czechia on June 18 and South Korea on June 24. The squad was given a grand public sendoff in Johannesburg on Saturday before their first appearance in the tournament since hosting it in 2010, but the flight from OR Tambo airport to Mexico City was postponed.Official Response and CriticismSAFA said it had called an emergency committee meeting later on Sunday to discuss the issue following a vociferous condemnation from Sports Minister Gayton McKenzie, who termed it "embarrassing and grossly unfair." "We are being made to look like fools," McKenzie said on social media platform X. Amid speculation about the visa bungle, several social media users questioned why the team paraded in Johannesburg before their departure if team officials were aware that players had not been issued visas yet.Broader Visa Challenges at World CupSouth Africa are not the first team to run into visa-related logistical issues at the World Cup. Members of Iran's World Cup squad have also not been issued visas for the United States, where they play their opening game against New Zealand on June 15 and two other group matches thereafter. According to Iranian state media reports on Saturday, FIFA has informed the Football Federation Islamic Republic of Iran (FFIRI) vice president Mahdi Mohammadnabi that administrative work is in progress and the visas will be issued this week. Iran relocated its team's base camp from Arizona, US, to Mexico last week.
#South Africa #FIFA World Cup 2026 #Mexico
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World Wide May 31, 2026

Ukrainian Drone Campaign Escalates with Strikes on Russian Energy Infrastructure

Ukrainian drones have escalated attacks on Russian energy and industrial infrastructure, hitting mu…
The Escalating Drone CampaignUkrainian drones have struck energy and industrial targets across several Russian regions, Russian authorities say, in an escalating campaign of strikes against infrastructure. In Saratov, a region on the Volga River with several oil refineries that has come under regular Ukrainian attack in recent years, Governor Roman Busargin said on Sunday on Telegram that "civil infrastructure" had been damaged in the overnight strikes.Strategic Targeting of Energy InfrastructureUkraine's military confirmed that it had struck the Saratov oil refinery overnight, but denied Russian accusations that it had hit the Zaporizhzhia nuclear power plant in Russian-occupied territory. In the Kirov region, northeast of Moscow and about 1,300km (800 miles) from Ukraine, Governor Alexander Sokolov said drones had hit a facility in the Urzhumsky district. The Ukrainian army confirmed the attack, saying it had also hit the Lazarevo oil-pumping station in the region.Regional Impact and Civilian CasualtiesGovernors in the Rostov, Voronezh and Belgorod regions, all of which border Ukraine, also reported strikes, and three civilians were injured in Belgorod. On Ukraine's Russian-controlled Crimean Peninsula, Moscow-backed Governor Sergei Aksyonov said authorities were introducing restrictions on sales of petrol, though he did not specify the reason. Ukraine for months has been attacking fuel infrastructure in southwestern Russia close to Crimea.International Support and Future StrategySeparately on Sunday, President Volodymyr Zelenskyy said Ukraine received a new Iris-T air defence missile launcher from Germany as he asked for the provision of more air defence ammunition from Kyiv's allies. "We also need missiles for air defence systems to have sufficient capabilities to repel Russian attacks," Zelenskyy said on Telegram.
#Ukraine #Russia #Drone Attacks
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Sports May 31, 2026

Liverpool's Post-Slot Era: Key Challenges for the New Manager

Liverpool faces significant challenges as they prepare for life after Arne Slot, with the new manag…
The Lead: Liverpool at a CrossroadsAs Liverpool prepares for life after Arne Slot, the club faces significant challenges that will define their immediate future. The Dutchman's tenure ended without the dominance expected, leaving a squad in need of strategic overhaul both on and off the pitch. The new manager inherits a team that must rediscover its identity while addressing key personnel departures and tactical shortcomings.Style Evolution: From Heavy Metal to Soft RockPerhaps Mohamed Salah's style of communication wasn't the slickest, but he was correct that Liverpool need to redefine the style of football they play. Everything on the pitch last season under Arne Slot felt very placid as Liverpool failed to dominate opponents and were often found overrun. The new head coach will want to demonstrate his plans and implement an attacking style to best use what is available to him. Anfield does not want to witness back-foot football, fans want to see a swagger to those in red. Supporters and Slot suffered from a disconnect in the final months. The Dutchman was hindered by not possessing the vivacious personality of Jürgen Klopp nor the results in the end, and the aforementioned tedious style. The successor will want to put fans at the forefront and build a strong bond between stands and dugout, built on a platform of attractive play.Investment Analysis: Underperforming Key SigningsAfter spending heavily last summer trying to build a squad capable of dominating the Premier League for years to come, it was difficult to pick out someone who thrived. Hugo Ekitiké was the best of the new arrivals but record signings Florian Wirtz and Alexander Isak barely made the season's footnotes. Isak could at least attribute his struggles to fitness and injury problems, including a leg fracture, but the German's first taste of English football was a sour one. He never looked comfortable as a No 10, physically finding it tough going as speed on the ball and strength in battle were lacking. Getting the best out of a clearly talented player must be a priority, because Wirtz has the capabilities to open defences and help Liverpool control games but needs a confidence boost and an arm around the shoulder.Structural Impact: Midfield Deficiencies and Leadership VacuumWirtz is part of a wider midfield issue that lacks physicality and an obvious No 6. Ryan Gravenberch was elected as the man for the role by Slot, which worked well when the possession stats were in Liverpool's favour but finding someone who can break things up effectively is advisable. Every other team have someone who can break up play but Liverpool lack someone in that role. Not since Georginio Wijnaldum or Fabinho have the club possessed someone capable of overwhelming opponents with their physical attributes and in an evolving sport, this oversight must end. Dominik Szoboszlai being moved around the pitch was unhelpful because he can be one of the best central midfielders in the world but needs a defined position to make his own.The players departing Anfield are weighed down with individual and team trinkets, thanks to the success they have enjoyed with Liverpool. Arguably, the influence of Salah and Andy Robertson on the pitch waned in their final season with the club but their experience and winning mentality will be a huge loss to the dressing room and training ground. Ibrahima Konaté is another exiting, providing a recruitment headache the club were not fully anticipating. It does beg the question if it is the right time to allow Alisson Becker, who has suffered from injury problems in recent times, to be sold and allow a new generation to start afresh, with Virgil van Dijk leading the transition. There are plenty of potential internal candidates who can take on greater responsibility but it may require a change in transfer strategy to acquire players in their late-20s with Champions League experience to help give the right balance.Defensive Rebuild: Addressing Key DeparturesKonaté's contract expiration will be softened by Jérémy Jacquet's impending arrival but further investment is required. Van Dijk's longevity is unknown so finding a partnership for the long term will be critical; a more rugged centre-back like Nottingham Forest's Murillo could be an ideal choice to offer balance and greater aggression. Competition for Milos Kerkez will be important, but if Andoni Iraola does take the job the reunion could get the best out of the Hungarian and get him to flourish after a mixed first year on Merseyside. On the opposite side, continuity would help everyone because Slot was forced to trying numerous people in the role, many out of position. Ideally, Conor Bradley or Jeremie Frimpong can make it their own, having struggled to replace Trent Alexander-Arnold, although both have suffered with injury problems. If they can stay fit, they both possess the quality to be a solution, especially if clever coaching can embrace their attacking prowess and incorporate more defensive discipline.Future Outlook: Rebuilding the AttackSlot insisted that new wingers would change the dynamic next season but he will not be the one to benefit. Salah is off, Federico Chiesa cannot carry on as a bit-part, so will almost certainly leave too, freeing up some space on the flanks. Rio Ngumoha offered brief teenage glimpses of excitement as someone with the pace and trickery to get past full-backs. Frimpong, brought in as a right-back, was more often found on the wing because he possessed the speed Slot desired in those areas, while also offering a further indication that the transfer dealings left a lot to be desired. They did not replace the maverick tendencies of Luis Díaz and Cody Gakpo has never looked a natural winger. Targeting new wide men will be imperative. RB Leipzig's Yan Diomande, Brighton's Yankuba Minteh or Athletic Club's Neco Williams would be ideal candidates to bring thrust to a side lacking dynamism and get supporters off their seats.
#Liverpool FC #Arne Slot #Premier League
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Lifestyle May 31, 2026

The Healing Power of Nature: Why Being Outdoors Matters

A recent study found that almost half of UK adults spend less than three hours a week in natural se…
The Connection to Nature As a recent study revealed almost half of UK adults now spend less than three hours a week in natural settings such as gardens, parks, fields or woods, we asked readers to tell us about what being outside means to them. Personal Stories of Healing The replies – heartfelt and passionate – came flooding in, with some admitting they just did not have the words to say how important it is. “It’s my happy place, my therapy and a reason to slow down and pause during my busy week,” wrote Hannah Powell from Perrywood garden centres. “I HAVE to look at plants every day. I notice every change in the garden. I sit facing the garden for my breakfast. I look out for nature on the way to work (recently seeing a little owl, red kites, foxes, hares, and more). It helped me get better when I had burnout and FND in London. I wouldn’t (couldn’t) be without it.” The Science Behind Nature's Benefits David Lynch esaid about his love of being outside. “Anxiety levels drop, all worldly concerns are put in perspective and [I] feel younger.” He agreed with others that there was plenty of recent science explaining the health benefits, but added: “I also read about ancient wisdom of Buddhism, which advocates solitary time in nature. All sources uphold the truth that better connection with nature brings better self-awareness and increased sensitivity to the needs of our ecosystem, plus better connection with each other.” The Impact on Mental Health Isabel Romaniw, who is working towards becoming a forest bathing guide, wrote passionately about the basic human need to be outside and to connect with nature. “We are animal, a simultaneously ordinary and yet utterly remarkable part of the great, miraculous tapestry of life on Earth. We have done much to shape our world and influence the fates of almost all other species we share our world with, but we must remember that we are but a tiny chapter, perhaps a footnote, in the ongoing story of the universe, in order to start to heal the damage and repair our relationships with ourselves, with each other, with our other-than-human kin, and with our one precious home.” For Romaniw, as for many others, our disconnection with nature is closely linked to “the worsening physical, mental and spiritual health crises that seem to be going on”. Cherished Memories of Nature Many of you had wonderful memories of times outside. “I was a sickly, pasty, shy, anxious kid,” wrote Mat Jordan. “In the early 70s my parents couldn’t afford to take us to the seaside one year so we went camping in the Peak District instead. It was a revelation. I absolutely loved it. The landscape and dry-stone walls of the white peak are still a favourite, although I spent some years in my 20s living in the Lake District too. One of my favourite memories is driving out of Sheffield into the Peaks with my then baby son to get him to fall asleep and still being awe-struck at the beauty on our doorstep.”
#Nature #Mental Health #Wellness
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World Wide May 31, 2026

Trump Delays Iran Deal as Israel Deepens Lebanon Invasion on War Day 93

President Donald Trump said he is in no hurry to close a nuclear deal with Iran while Israel captur…
Donald Trump told Fox News he is in no hurry to finalize a nuclear deal with Iran as Israeli forces deepened their ground incursion in southern Lebanon, marking day 93 of the regional war. The statements came alongside reports of a captured strategic castle, new Iranian naval capabilities, and a draft memorandum that would release $12 billion in frozen Iranian assets.Intensifying Ground Operations: Israel Captures Beaufort CastleIsraeli troops seized the historic Beaufort Castle (Qalaat al‑Shaqif) near Nabatieh, the deepest Israeli advance in 26 years.The Israeli military warned residents south of the Zahrani River to evacuate and launched large‑scale operations across the Beaufort Ridge and Wadi al‑Salouqi.Air raids hit Arnoun, Kfar Tebnit, Kfar Remman, Kfarjouz and Dbeibine, while a 21‑year‑old Israeli soldier was killed and four wounded.Lebanon’s Prime Minister Nawaf Salam condemned what he called a “scorched‑earth policy” as forces push toward Nabatieh.Financial Stakes: $12 Billion Frozen Iranian Assets in Draft DealIranian state media cited an “unofficial” memorandum that would free $12 billion of Iranian assets frozen by the United States.U.S. officials reported that President Trump requested several amendments to the preliminary agreement during a White House Situation Room meeting.Congress advanced a U.S.–Israeli military integration plan, potentially deepening joint weapons research and production.Regional Ramifications: Heightened Tensions Across the Middle EastIran’s IRGC claimed to have shot down a U.S. drone and unveiled a new naval attack craft capable of 100 knots, signaling a rapid military modernization.The United States disabled a Gambia‑flagged vessel attempting to reach an Iranian port, prompting Tehran to accuse Washington of “betraying diplomacy.”Rear Admiral Habibollah Sayyari warned that any further aggression would meet an even stronger response.Israel’s expanded forward‑defense line now crosses the Litani River, tightening the front against Hezbollah.What Lies Ahead: Prospects for U.S.–Iran Negotiations and Regional StabilityTrump’s “no rush” stance suggests the nuclear framework will be refined before any release of assets, potentially extending negotiations into late 2026.Continued Israeli advances risk drawing Hezbollah into a broader ground conflict, which could pressure the U.S. to reassess its diplomatic leverage.The new U.S.–Israeli integration plan may lock Washington into a tighter security partnership, influencing future policy toward Iran.Analysts warn that without a clear de‑escalation path, the war’s 93‑day trajectory could expand beyond Lebanon, affecting regional energy markets and global diplomatic efforts.
#Donald Trump #Iran #Israel
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Sports May 31, 2026

France Detains Over 400 Amid Riots Following PSG’s Champions League Triumph

Police across France arrested more than 400 people after violent clashes erupted following Paris Sa…
Hundreds of rioters were detained nationwide after celebrations for Paris Saint-Germain's dramatic penalty‑shootout win turned violent, prompting a sweeping police response and political outcry.Mass Police Deployment and Nationwide ArrestsAuthorities mobilised roughly 22,000 officers across France, including 8,000 in Paris, to contain the unrest that followed the Champions League final. Streets, tram lines and several metro stations were temporarily shut, and traffic on the Boulevard Périphérique was halted as supporters clashed with law‑enforcement.Numbers Behind the Crackdown416 people detained nationwide, with 283 arrests in Paris alone.Seven police officers reported injuries during the confrontations.Six vehicles and two businesses suffered damage.Approximately 20,000 fans gathered on the Champs‑Élysées, while another 4,000‑5,000 loitered near the Parc des Princes.Police seized two dozen flares and about 100 fireworks.Political Fallout and Public Safety ConcernsInterior Minister Laurent Nunez condemned the disturbances as “absolutely unacceptable” and emphasized a “very robust, very solid system” to safeguard celebrations. Far‑right leader Marine Le Pen seized on the episode, tweeting that “only in France does a football club’s victory spark riots.” The incident has reignited debate over policing strategies for large‑scale sporting events.What Lies Ahead for French Event SecurityAuthorities plan to tighten security protocols for future high‑profile matches, including stricter crowd‑control measures and pre‑emptive venue protections. The upcoming parade on the Champ de Mars, slated to host an estimated 100,000 spectators and a reception by President Emmanuel Macron, will likely see heightened police presence and coordinated emergency response plans.
#Paris Saint-Germain #Laurent Nunez #France
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Business May 31, 2026

Recruiter Who Bought Back Insolvent Firm Lags on Payments After Vegas Trip Promise

Premier Group Recruitment entered administration with nearly £3m of debt and was bought back by its…
Premier Group Recruitment entered administration in September with nearly £2.9m of debt, including £647,000 owed to HMRC. Three days later, its 99% shareholder Andrew Woosnam bought the assets through PGGBR Ltd, promising a staggered payment plan while dangling an all‑expenses‑paid staff trip to Las Vegas.Asset Buy‑Back and the Vegas IncentiveThe new entity announced a “END OF YEAR TRIP 2026” on LinkedIn, positioning the incentive as a driver for sales targets. However, administrators now report missed instalments and a shortfall in the agreed cash flow.The Money Trail: Debt, Loans and Promised PaymentsInitial cash outlay: £10,000Planned instalments: £25,000 per month for two years, totalling £600,000Outstanding director’s loan from the defunct firm: £1.2mDividends extracted since 2022: almost £2mCompeting bid rejected: £321,000 cash plus an estimated royalty of £110,000Regulatory and Taxpayer Implications of PhoenixismThe case highlights criticism of “phoenixism”, where directors shed liabilities while retaining assets. HMRC estimates that phoenix activities account for about 22% of the £3.8bn tax losses reported in 2022‑2023, raising questions about the adequacy of current safeguards.Outlook: Recovery Prospects and Potential Policy ResponseAdministrators cite a fixed charge against Woosnam’s matrimonial property and a standing order payment, suggesting eventual recovery. Nonetheless, the missed payments and the high‑profile Vegas promise may prompt tighter scrutiny of phoenix transactions and stronger creditor protections.
#Premier Group Recruitment #Andrew Woosnam #Phoenixism
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