NFL, referees good to go with new collective bargaining agreement
There will be no replacement referees — and therefore, hopefully, no “Fail Mary” repeat — in the NFL this fall.
The league and the NFL Referees Assn. have avoided a work stoppage by agreeing on a new collective bargaining agreement that runs through the 2032 season.
The current deal was scheduled to expire May 31. The sides having been negotiating since the summer of 2024, and the NFL had begun the hiring process for replacement officials last month.
“This agreement is a testament to the joint commitment of the league and union to invest in and improve officiating,” NFL executive vice president of football operations Troy Vincent said in a statement. “It also speaks to the game officials’ relentless pursuit of improvement and officiating excellence. We look forward to working together for the betterment of the game.”
Terms of the agreement have not been released, but the Associated Press reported in March that the league had increased its offer to a 6.45% annual growth rate”growth rate” = increase? in compensation over a six-year labor deal.
“We see this new CBA as a partnership with the league that benefits our membership but also seeks to make our game better,” NFLRA president Carl Cheffers said in a statement. “It is good to get these negotiations behind us so we can focus on preparing for the 2026 season.”
No such agreement between the sides was reached during the 2012 offseason, leading to a lockout that lasted 110 days. It all culminated in Week 3 of that season with the notorious “Fail Mary” call at the end of the Green Bay Packers-Seattle Seahawks game on “Monday Night Football.”
With the Seahawks down by five in the closing seconds, quarterback Russell Wilson threw deep to receiver Golden Tate in the end zone. Green Bay defender M.D. Jennings appeared to come down with the ball first, with Tate attempting to wrestle the ball away.
Two officials stood above the players, with one signaling touchdown (meaning Tate caught the ball, Seattle wins) and the other signaling touchback (meaning Jennings caught the ball, Green Bay wins). The final call on the field was a touchdown, which stood after a lengthy review.
It got worse. The next day, the NFL released a statement saying the officials missed a pass interference call on Tate that would have negated the touchdown. A day after that, the NFL and the referees union announced a new collective bargaining agreement that brought the regular officials back for that weekend’s games.
The Associated Press contributed to this report.
Trump announces three-day ceasefire in Russia-Ukraine war | Russia-Ukraine war News
BREAKINGBREAKING,
Truce will also include swap of 1,000 prisoners of war from each country, US president says.
Published On 8 May 20268 May 2026
United States President Donald Trump says there will be a three-day ceasefire in the war between Russia and Ukraine.
Posting on Truth Social on Friday, the US leader said the truce would last from Saturday to Monday.
“I am pleased to announce that there will be a THREE DAY CEASEFIRE (May 9th, 10th, and 11th) in the War between Russia and Ukraine,” Trump posted.
“The Celebration in Russia is for Victory Day but, likewise, in Ukraine, because they were also a big part and factor of World War II. This Ceasefire will include a suspension of all kinetic activity, and also a prison swap of 1,000 prisoners from each Country,” he added.
Russia had previously announced a two-day unilateral ceasefire to mark its May 9 World War II Victory Day on Saturday.
Ukraine previously stated that it too had offered a truce but that this had been ignored by Moscow.
“This request was made directly by me,” Trump said on Friday, thanking his Russian and Ukrainian counterparts Vladimir Putin and Volodymyr Zelenskyy for agreeing to it.
“Talks are continuing” on ending the war, Trump said, adding that “we are getting closer and closer every day”.
“Hopefully, it is the beginning of the end of a very long, deadly, and hard fought War.”
More to come…
Four convicted in US related to killing of Haitian President Jovenel Moise | Crime News
Prosecutors charge Florida served as central hub in 2021 assassination of Moise, which sparked ongoing political crisis.
Four people have been convicted in the United States in connection with the 2021 assassination of Haitian President Jovenel Moise.
Arcangel Pretel Ortiz, Antonio Intriago, Walter Veintemilla and James Solages were found guilty on Friday of conspiring to kill or kidnap Moise, whose assassination left a political vacuum in the Caribbean nation that has compounded overlapping security and humanitarian crises.
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They were also convicted of providing material support for the plot in violation of US law. All four face possible life sentences.
US prosecutors have said that the south of Florida, the closest US state to Haiti, served as a central hub for planning and funding Moise’s assassination.
During the trial, which began nearly two months ago, the defence argued that the defendants were scapegoats.
They claimed they had instead been involved in a plan to serve Moise an arrest warrant, amid a dispute about whether the president had overstayed his term.
They further maintained that Colombian mercenaries involved in the assassination were meant to accompany Haitian police to execute the warrant, but that Moise was killed by his own security forces before they arrived.
“This is a Haitian plot, and it is a Haitian conspiracy,” defence lawyer Emmanuel Perez said, as reported by the Miami Herald.
US prosecutors, in turn, charged that the men initially sought to remove and replace Moise, but the plan eventually escalated to assassination.
A fifth defendant, Christian Emmanuel Sanon, a Haitian-born doctor who allegedly wanted to be named president after Moise was killed, was set to be tried at a later date due to health issues.
Eight other individuals accepted plea deals as part of the US investigation.
No national elections have been held in Haiti since Moise’s assassination, although a provisional council was appointed in September 2024 to organise new polls.
The council has since been replaced by US-backed Prime Minister Alix Didier Fils-Aime, who has said elections will be held by the end of the year.
The UN has said a stable government is essential to restoring order in Haiti, which has been beset by a series of natural disasters and rising violence, with criminal gangs controlling large swaths of territory.
At least 8,100 gang killings were documented in 2025, with insecurity displacing about 1.5 million people, according to the UN.
Tess Daly shared pic posing with lookalike daughter Phoebe, 21, day before announcing shock split with Vernon
TESS Daly shared a picture with her lookalike daughter Phoebe just one day before announcing her shock split from husband Vernon Kay.
Phoebe Kay, 21, is the spit of her mother in the snaps, which show the pair posing together on a sunny bridge.
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Posted the day before Tess, 57, and Vernon, 51, sensationally announced their split, the mother and daughter duo were all smiles in the photo.
The former Strictly Come Dancing presenter captioned the happy photo: “Got my Phoebe back for a few days and making the most of every moment.”
Phoebe has followed in her mother’s footsteps and moved to New York to pursue a career in modelling.
In March, the pair’s eldest daughter revealed on TikTok she had made the big move across the pond.
In the clip, Phoebe can be seen dancing with the New York skyline and the Empire State building in the background.
The nepo baby captioned it: “NYC has my hearttt! Lucky to call it home for a while.”
Phoebe hasn’t disclosed the reason for her move to the Big Apple but it appears that it’s only a temporary stay.
Interestingly, her mum Tess also lived in New York for five years while working as a fashion model in the 90s.
The former Strictly Come Dancing host and the Radio 2 DJ visited their daughter last month as they gave a peek into their whirlwind trip.
Tess took to Instagram to share various snaps of their trip, including standing in front of the New York skyline, eating pancakes and visiting art galleries.
She captioned it: “I love NYC. Maximised every minute on a whirlwind half term trip and fell in love with this magical city all over again.”
Tess and Vernon tied the knot in 2003 and share two daughters – Phoebe and Amber, 16.
The pair met while working as up-and-coming TV presenters for rival channels in 2001, crossing paths at a BBC Christmas party.
But the pair revealed on Instagram today that they had separated after two decades of marriage.
She wrote: “After much consideration, and with a deep sense of care and respect for one another, we have made the decision to separate amicably.
“This has not been an easy choice, but it comes from a place of mutual understanding and a shared desire for what is best for both of us.
“We remain great friends and most importantly, fully committed to our roles as loving and supportive parents, which will always be our priority.
There are no other parties involved in this decision.
“We kindly ask for privacy during this time as we navigate this transition together.
“We will not be making any further public comments.”
World’s Best Banks 2026: Western Europe
Western Europe’s banks were well capitalized, digitally evolving, and strategically acquisitive—despite rate headwinds.

After the exceptional windfall years of 2022 and 2023, when aggressive rate hikes fattened net interest margins, most Western European banks had a strong 2024, particularly the larger players with extensive branch networks and franchises. Fast forward to 2025, and a more sobering reality dawned. The European Central Bank’s (ECB’s) easing cycle was well underway, and with it came the question that had been quietly forming in the minds of analysts and investors alike: Could Western Europe’s banks sustain their profitability once the rate tailwind turned to a headwind? The evidence now clearly answers that question in the affirmative—though not without adaptation, and not without some pointed lessons along the way.
The headline story is one of structural resilience, corroborated at the highest levels: In the ECB’s Annual Report on Supervisory Activities published in March 2026, the bank confirms that banks under its direct supervision “remained resilient in 2025,” with the aggregate Common Equity Tier 1 capital ratio (CET1 ratio) of “significant institutions” climbing to 16.1% in the third quarter of 2025, driven by strong profitability and retained earnings. Return on equity (ROE) stabilized at around 10% across the sector—modest by the standards of the best performers in our latest Best Banks ranking.
Separately, the European Banking Authority’s (EBA’s) Autumn 2025 Risk Assessment Report affirms that European banks “remain strong in capital, liquidity, profitability and asset quality,” even as the report urges “continued vigilance” in the face of geopolitical uncertainty and rising operational risks. This picture is richly illustrated by the individual performers in this year’s awards, where CET1 ratios frequently exceed the European average by a wide margin.
Yet the year was not without its disappointments. Margin pressure was real, and pockets of weakness were visible. The EBA itself warns that declining net interest income has been a systemic challenge, offset only where banks had successfully diversified into fee and commission income.
That diversification imperative made M&A one of the defining strategic trends of the period—and it shows no sign of abating. DNB’s acquisition of Nordic asset manager Carnegie Holding and Bank of Cyprus’ purchase of Ethniki Insurance, for example, reflect a sector in active pursuit of scale, complementary revenue streams, and fintech capability.
KPMG 2025 Banking and Capital Markets CEO Outlook, published January 2026, adds important context here, however: “The vast majority of CEOs surveyed expect to be active in the deal market over the coming three years, although fewer envisage ‘high-impact’ deals (down from 48% to 41%). Instead, 46% favor ‘moderate-impact’ acquisitions, primarily targeting fintechs, digital lending platforms, and RegTech [regulatory technology] firms to accelerate innovation without overextending capital.” Overall, European banks recognize a strategic need for scale, with momentum toward both domestic consolidation and cross-border deals and are hoping that a more favorable regulatory environment may emerge to support this.
In Western Europe, technology and ESG have become structural pillars rather than peripheral initiatives. Danske Bank has leaned into generative AI (Gen AI) to support retail investment growth, while UBS CEO Sergio Ermotti highlights the role of transformational AI projects in bolstering operational resilience as the Credit Suisse integration approaches completion. Swedbank’s 99.9% digital uptime across Swedish and Baltic operations is now as commercially significant as any lending figure. On sustainability, Eurobank leads its Greek peers with over €6.9 billion ($8.1 billion) in sustainable financing; UniCredit has issued €6.5 billion in green bonds since 2021; and CaixaBank has become the first Spanish bank to receive a Sustainable Finances certification from AENOR, the Spanish Association for Standardization and Certification.
But the technological evolution carries a shadow. According to the KPMG CEO Outlook, cyber risk is now the number-one factor that could slow growth—cited by 86% of banking CEOs, up from 81% in 2024—and cybersecurity ranks as the top challenge facing banks globally, ahead of every other sector in KPMG’s survey. This reflects the uniquely exposed position of banks, whose large customer bases and access to highly confidential data make them prime targets. As digital-banking platforms, open-banking APIs, and AI tools expand attack surfaces, hackers are increasingly deploying AI to pursue payment fraud and install ransomware. It is little surprise, then, that 57% of banking CEOs are “prioritizing cybersecurity above all other investments.” The EBA echoes this concern, warning that elevated geopolitical risks are amplifying operational and cyber threats, and that banks must invest continuously in resilience infrastructure.
As we publish our annual Best Banks award winners, the outlook is cautiously optimistic. Rate normalization will continue to test income generation; geopolitical friction shows no sign of resolution. But the weight of evidence—from individual bank results, from the EBA, and from the ECB itself—points consistently in the same direction: Western Europe’s leading banks have diversified their revenues, fortified their capital, and earned ratings improvements to match. Resilience, it turns out, is not merely a buzzword for these banks—it’s a strategy.

Western Europe
CaixaBank
Once again, CaixaBank has secured a dual victory as the Best Bank in Western Europe and the premier financial institution in its home country, Spain—a distinction the bank has now achieved for a remarkable eight consecutive years.
A domestic market leader, CaixaBank operates a “socially responsible universal banking model with a long-term vision, based on quality, proximity, omnichanneling, and specialization.”
The bank reports a net attributable profit of nearly €5.9 billion for 2025, net interest income of almost €10.7 billion, and an ROE of 14.9%. Revenues from services—including wealth management, protection insurance, and banking fees—were up 5.4% to nearly €5.3 billion. New loan origination to individuals grew 12.4% to almost €2.6 billion. New mortgage lending rose 6.5% to reach nearly €8.5 billion, while lending to businesses increased 7.6% to reach about €12.4 billion.
Exceeding both targets and expectations, CaixaBank has raised the growth and profitability targets set out in its 2025-2027 Strategic Plan.
CaixaBank’s commitment to the communities it serves was evident once again last year, with initiatives encompassing financial-inclusion solutions with a social impact, regional social projects, and a steadfast commitment to the environment. The bank is an Iberian and European leader in sustainable and socially responsible investment.
Reflecting the strength of the bank’s performance, Fitch Ratings revised CaixaBank’s Outlook to Positive from Stable in October while affirming both its Long-Term Issuer Default Rating and its Viability Rating at A-. Fitch also upgraded the bank’s Short-Term IDR to F1 from F2.
The agency says its outlook reflects its “expectation that CaixaBank’s leading domestic position and diversified business profile will enable it to capture additional growth opportunities stemming from Spain’s economy, rising credit demand and favorable business trends,” adding that these factors will “gradually strengthen CaixaBank’s earnings resilience through the interest rate and economic cycles.”
Andorra
Creand Credit Andorra
The winner for the eighth consecutive year, Creand Credit Andorra (formerly Credit Andorra) boasts over 75 years of experience in the principality, offering a comprehensive suite of global private banking, asset management, and insurance services. The bank posted a robust 2024 profit of €70.9 million, representing a solid performance following its exceptional 60% profit surge in 2023. Business volume reached €30.7 billion, an 11.1% year-on-year (YoY) increase. Beyond the group’s financial strength, it remains a key local employer with 508 staff in Andorra, where women make up 48% of the workforce.
Austria
UniCredit Bank Austria
One of the largest retail banks and best-capitalized major financial institutions in Austria, UniCredit Bank Austria is a leader in corporate banking, wealth, and private banking. As of September 2025, the bank’s key performance indicators included a return on allocated capital of 23% and a cost-income ratio of 39%—demonstrating best-in-class cost efficiency compared to its peers. The bank’s CET1 ratio of 18.6% reflects a prudent capital base. Revenues came in at €2 billion, while gross operating profit stood at €1.2 billion. UniCredit serves around 15 million clients through its corporate, individual, and payment solutions groups in Austria, Germany, Italy, and Central and Eastern Europe. Reporting its 20th consecutive quarter of profitable growth in the fourth quarter, the group says its vision is to be “the bank for Europe’s future.”
Belgium
KBC
In the beating heart of Europe, KBC wins the laurels as our Best Bank in Belgium. Net income at the end of June 2025 was €1.6 billion, up 9% YoY. Total assets were €390.7 billion. The group reported a strong capital base with a 14.6% CET1 ratio and an ROE of 15% for the period. A FTSE4Good Index Series constituent, the bank continues its sustainability journey, receiving recognition annually in the S&P Sustainability Yearbook of top performers.
Cyprus
Bank of Cyprus
It was another year of robust performance for Bank of Cyprus, which saw total assets rise 8% to €28.6 billion in 2025. While profit after tax moderated slightly to €481 million (down 5% YoY), the bank’s 37% cost-income ratio and strengthened 21% CET1 ratio underscore its market-leading efficiency and capital discipline. The bank’s €29.3 million acquisition of Ethniki Insurance Cyprus marked a significant step in diversifying its business model and bolstering noninterest income streams.
Denmark
Danske Bank
Offering a full range of retail, corporate, and institutional services, Danske Bank returns as our Best Bank in Denmark for the third time in a row. In 2025, a resilient Danish economy contributed to a 5% growth in business lending and a surge in retail investment activity that pushed assets under management (AUM) across the group to over 1 trillion Danish kroner (more than $157.3 billion). The bank’s Danish operations served as the primary engine for a group ROE of 13.3%. Growth was also supported by new partnerships and digital rollouts, including platform enhancements and the use of Gen AI. The bank maintained a robust CET1 ratio of 17.3% and a CAR of 20.9%, reflecting highly disciplined capital management by both European and Nordic banking standards.
Finland
Nordea
Returning to the top spot as our Best Bank in Finland, Nordea reports a record €478 billion in AUM in 2025, up 13% YoY. With an ROE of 15.5% and a CET1 ratio of 15.7%, this profitable, efficient universal bank drew its 2022-2025 strategy to a successful close. That included receipt of approval from the Finnish Competition and Consumer Authority for a partnership with domestic rival OP Financial Group to combine efforts in solving consumer and business payments challenges.
France
Groupe BPCE
Groupe BPCE’s net banking income was up an impressive 10% YoY to €25.7 billion in 2025; while gross operating income rose some 22% to reach some €8.4 billion. Bolstered by a CET1 ratio of 16.5%, the banking group employs 100,000 staff, serving 35 million customers worldwide, including consumers, professionals, companies, investors, and local authorities. The banking group says it plans to recruit 16,000 employees in 2026, including 10,000 in the Banques Populaires and Caisses d’Epargne networks. Nearly half of these recruitments will target young people, as part of the bank’s partnership with state-run agency France Travail.
Germany
Commerzbank
Another year, another record net income, and another win for Commerzbank—our Best Bank in Germany for the fourth year running. Net income for the first half of 2025 was up 0.9% to €1.3 billion; while total assets reached €582 billion, and total revenues rose 12.5% to €6.1 billion. Despite a dip in the bank’s CET1 ratio to 14.6% and its ROE to a low 8.1%, Commerzbank improved its cost-income ratio to 56% while absorbing €534 million in restructuring expenses. The Frankfurt-based financial institution continues to fend off a UniCredit takeover, a move the Italian giant has pursued since 2024. With almost 40,000 employees, Commerzbank’s ESG goals include net-zero operations by 2040 and portfolio neutrality by 2050.
Greece
Eurobank
Our winner continued its run in Greece; Eurobank achieved remarkable growth across loans, deposits and AUM in the first half of 2025—rising YoY by €5.3 billion, €4 billion, and 30%, respectively. Domestic assets reached €62.8 billion, supported by €37.3 billion in gross loans and €45.2 billion in deposits. Beyond the balance sheet, the group leveraged its performance to drive social impact, strengthening its startup incubator and funding significant public-school renovations. Notably, Eurobank leads its peers with over €6.9 billion in sustainable financing and an upward trend in Article 8 AUM, now exceeding €230 million. Article 8 funds are predominantly ESG compliant. The bank’s market-leading position was further solidified in 2025 through its acquisition of Eurolife’s life insurance business.
Iceland
Arion Bank
Arion Bank may be on the smaller side of the three major Icelandic banks, but what it lacks in size it made up for in efficiency and performance in 2025. The bank reports group AUM of 2 trillion Icelandic kronur ($15.9 billion), net earnings of 30.6 billion kronur, an ROE of 14.9%, a cost-income ratio of 42.3% and a CET1 ratio of 18.4%. Arion Bank’s service offering creates a broad revenue base, with a loan portfolio that is well diversified between retail and corporate customers. The bank is in merger discussions with Kvika Bank, currently the country’s fourth-largest bank, under which terms Arion Bank’s existing shareholders would hold 74% of the combined entity. The merger, which is expected to complete in late 2026, would be one of Iceland’s largest.
Ireland
AIB
AIB returns for a third year running as our Best Bank in Ireland. Serving a customer base of over 3.3 million, the Emerald Isle’s biggest bank posted a solid first half, with a €927 million profit after tax and a 21.4% return on tangible equity (ROTE), bolstered by a robust 16.4% CET1 ratio. 2025 saw the bank return to full private ownership, as well as the launch of its new slogan, “For the life you’re after,” encapsulating its commitments to customers, community, and sustainability.
Italy
UniCredit
Our Best Bank in Italy for the third consecutive year is UniCredit. While gross revenue moderated 3.1% to €11 billion, Italy remains the undisputed earnings powerhouse of the UniCredit group, contributing 41% of the total €10.6 billion net profit. With a unique Pan-European footprint and group assets reaching €870 billion at year-end 2025, UniCredit leverages its stability and low risk exposure to lead the continent’s green transition. The bank is making significant strides toward its 2050 net-zero target, notably through its €11.3 billion in environmental lending and the issuance of €6.5 billion in green bonds since 2021. In 2025, UniCredit deepened its domestic ESG impact through initiatives like Salotti Energia to build ESG awareness among Italian corporates and the One4Planet, Water Management loan. Furthermore, its Banking Academy Italy continues to drive social value, launching the Conta per Me primary school program and advanced fraud prevention training to protect the domestic retail base.
Lichtenstein
LGT
Liechtenstein’s largest player, LGT, continues its six-year unbroken winning streak. Total operating income increased 10% YoY to over 1.4 billion Swiss francs (more than $1.7 billion) in the first half of the year, group profits surged 38% to 240.6 million francs, and AUM reached 359.6 billion francs. While the bank trimmed its cost-income ratio to 75.7%, the figure remains high. Offsetting this is an impressive 18.5% CET1 ratio, reflecting the superior capital strength of this bank owned by the country’s royal family.
Luxembourg
BGL BNP Paribas
Our winner in Luxembourg, BGL BNP Paribas, reported first-half 2025 revenues of €315 million, up from €300 million for the same period in the previous year. With almost 2,100 employees in the Grand Duchy of Luxembourg, the bank provides universal services with a strategic emphasis on corporate and institutional clients. With deep regional roots dating back over a century, BGL BNP Paribas remains a cornerstone of Luxembourg’s economic landscape. Looking ahead, the bank is set to be a key driver of the group’s transition strategy, targeting 90% low-carbon energy financing by 2030.
Malta
Bank of Valletta
Malta’s banking sector remains highly concentrated; and with a 41% market share and total assets of €15.6 billion as of first-half 2025, Bank of Valletta is the most dominant domestic and commercial player in the sector—as well as our 2026 Best Bank in Malta. While the group registered a first-half profit before tax of €135.1 million (slightly down from €148.2 million in first-half 2024), return on average equity stood at 18.9% and CET1 ratio at 21.3%—a breakwater typical of the Mediterranean island.
Monaco
CFM Indosuez Wealth Management
Although its net income for 2024 fell slightly to €59.4 million, a 2.4% decrease from 2023, CFM Indosuez Wealth Management remains the leading player in Monaco. Despite lower interest rates and an unstable geopolitical context, wealth under custody grew 8.4%. “Customer business grew significantly, underpinned by strong new business momentum, a satisfactory performance in market activities and continued robust loan production.” Revenue increased 1.1% to €199.4 million driven by dynamic transactional business, though performance was impacted by a 2.1% rise in operating expenses due to inflation.
Netherlands
ING Group
Amid ongoing geopolitical uncertainty, the CEO of ING Group, Steven van Rijswijk hailed 2025 as a year in which the major global bank consistently executed its “strategy of accelerating growth, increasing impact and further diversifying income by doing more business with more customers and clients.” And so, returning for a third consecutive year, ING is once again our winner in the Netherlands, delivering strong commercial growth in its European base while achieving €23 billion in total income across the group. This was supported by an uptick in the bank’s customer base and a 15% rise in fee income to €4.6 billion. Commercial net interest income meanwhile came in at €15.3 billion. Achieving €56.9 billion in lending growth—more than double that of the previous year—ING’s net result for the year was broadly stable at €6.3 billion. The bank reports a 13.2% ROE and a 13.1% CET1 ratio. Of all its major markets, the Netherlands was a key driver and contributor to the bank’s growth in 2025.
Norway
DNB
Keeping its crown as the Best Bank in Norway for the fourth year in a row, DNB remains the dominant player in its home market, balancing massive scale with high profitability. Offering a full suite of retail, corporate, and investment banking, DNB maintained a strong reputation over the year, reporting an annualized ROE of 15.6%. Profits rose by 1.5% in the first half of 2025 to 21.3 billion Norwegian kroner ($2.1 billion), driven by solid performance across the group, and supported by a Norwegian economy that held up well in an unpredictable global environment. In 2025, the bank completed its 12 billion Swedish kronor ($1.2 billion) acquisition of Carnegie, a Nordic asset manager with 850 employees, strengthening DNB’s position in investment banking and wealth management.
Portugal
Banco Santander Totta
In Portugal, it is another consecutive win for Banco Santander Totta, which continued its growth strategy in 2025 via rigorous commercial and operational optimization. In a year defined by falling interest rates, it remained the most profitable bank and a benchmark for efficiency, posting a 31.8% ROTE and a 28% efficiency ratio while achieving a net profit of €963.8 million.
During this time, the bank continued to grow its customer base, particularly in high-value segments. Active customers increased by 40,000 to more than 1.9 million; while digital customers rose 5.1% to over 1.3 million, now representing 68% of the total base. This growth translated into a growth in commercial activity, with over 100,000 new accounts opened, 1.3 million daily transactions (up by 9.7%), and more than 327,000 new cardholders added.
Sweden
Swedbank
Swedbank had another successful year, with an ROE higher than the bank’s target of 15%—and according to president and CEO Jens Henriksson, “proof that our business model works.” The bank’s Swedish operations account for 71% of the group’s customer base; overall it serves a total of 7.3 million private customers and 545,000 corporate customers across Sweden, Estonia, Latvia, and Lithuania—offering loans, savings, payments, insurance, and daily banking services. In 2025, digital investments contributed to uptime of 99.9% for Swedbank’s app and internet bank for Sweden and the Baltic countries. This is a key focus for the bank as it sets out to improve its customer experience, with the aim “to make it easy to manage everyday matters digitally.”
Switzerland
UBS
For the sixth consecutive year, UBS has earned our Best Bank in Switzerland distinction. Throughout 2025, the bank remained laser focused on the Credit Suisse integration, which is slated for substantial completion by the end of 2026. A disciplined approach yielded a $7.8 billion net profit, supported by a solid 14.4% CET1 ratio, despite an 81.1% cost-income ratio.
CEO Sergio Ermotti attributed this performance to a “global, diversified franchise” that helped clients navigate market volatility. He further highlighted the bank’s digital evolution, noting that transformational AI projects are successfully bolstering operational resilience and improving client experience. As the Credit Suisse integration enters its final stages, industry attention is shifting toward the leadership transition following Ermotti’s planned 2027 departure.
United Kingdom
HSBC
HSBC is our Best Bank in the UK for the second consecutive year. HSBC UK employs 18,000 full-time staff across the country, serving over 15.3 million customers. For the year ending December 31, 2025, it posted a profit before tax of £5.6 billion ($7.5 billion). Revenue increased by £489 million, or 5%, to £10.5 billion, driven by higher net interest income. The bank’s ROTE of 19.2% was one percentage point lower than 2024, driven by growth in commercial lending. Supported by a 13.2% CET1 ratio and an 175% liquidity-coverage ratio, the its balance sheet remained resilient against a challenging economic backdrop.
Friday 8 May Anniversary of the election of Pope Leo XIV in Vatican City
This collection of news excerpts commemorates the anniversary of Pope Leo XIV’s electionwhile detailing the biography and international engagements of the Catholic Church’s 267th leader. As the first American pontiff, Leo XIV is described as a Chicago-born former missionary with dual Peruvian citizenship who spent decades advocating for marginalized communities in South America. Recent reports highlight his global diplomatic influence, including high-level meetings with United States officials and a pastoral visit to Cameroon that drew massive crowds. The text also places his papacy within a contemporary 2026 landscape marked by geopolitical tensions in the Middle East and shifting economic trends. Together, these summaries provi …
Disney’s ABC challenges FCC, escalating fight over free speech
Walt Disney Co.’s ABC is forcefully resisting Federal Communications Commission efforts to soften the network’s programming, accusing the federal agency of an overreach that violates 1st Amendment freedoms.
Last week, the FCC took the unusual step of calling in the licenses of eight Disney-owned television stations for early review. The move — widely interpreted as an effort to chill the network’s speech — came a day after President Trump demanded that ABC fire late-night talk show host Jimmy Kimmel over a joke about First Lady Melania Trump.
The FCC separately has taken aim at ABC’s daytime discussion show, “The View,” which delves deeply into politics.
The FCC has questioned whether the show, which prominently features Trump critics Whoopi Goldberg and Joy Behar, could continue toclaim an exemption to rules that require broadcasters to provide equal time for opponents of political candidates.
In its filing this week with the FCC, Disney’s Houston television station raised the stakes in the dispute over “The View,” calling the commission’s actions “unprecedented” and “beyond the Commission’s authority.” The ABC station’s petition for a declaratory ruling said “The View,” has long qualified as a “bona fide” news interview program with freedom to conduct interviews of legally qualified political candidates.
“The Commission’s actions threaten to upend decades of settled law and practice and chill critical protected speech, both with respect to The View and more broadly,” the Houston station KTRK-TV said in the filing.
The network’s firm stance sets up a clash with the Trump administration, including the president’s hand-picked FCC Chairman Brendan Carr, who has made no secret of his disdain for Kimmel and other ABC programming. Earlier this year, Carr announced that decades-old exemptions from the so-called “equal time rule” for news programs, including “The View,” were no longer valid.
ABC’s strenuous arguments mark a departure for the Disney-owned outlet.
In December 2024, a month after Trump was elected to a second term, the network quickly settled a lawsuit over statements made by news anchor George Stephanopoulos that Trump found offensive. ABC agreed to pay Trump $15 million to end his legal fight — sparking an outcry among free speech advocates, who accused the network of caving on a case it could have won.
“Some may dislike certain—or even most—of the viewpoints expressed on The View or similar shows,” the station said in its filing. “Such dislike, however, cannot justify using regulatory processes to restrict those views. The government does not get to decide ‘what shall be orthodox in politics, nationalism, religion, or other matters of opinion.’”
The station noted that, while the FCC has questioned the exemption for “The View,” which dates back to 2002, the FCC hasn’t showed interest in regulating programs on other networks, “including the many voices — conservative and liberal — on broadcast radio.”
“The danger is that the government will simply decide which perspectives to regulate and which to leave undisturbed,” ABC said.
On April 28, Carr called for a review of Disney’s broadcast licenses two years before any of them were set to expire, citing the agency’s year-old inquiry into Disney’s diversity, equity and inclusion policies and whether they violated federal anti-discrimination rules.
I stayed at the cosy English hotel with a ‘Best of British’ menu
IF you are wanting a beautiful hotel stay with some fantastic classic British food, we’ve found just the place.
Here’s everything you need to know about staying at the Pheasant Inn.
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Where is the Pheasant Inn?
The hotel is a minute’s drive from the M4 in the Berkshire Downs Area of Outstanding National Beauty.
What is the hotel like?
This 450-year-old Young’s inn was the perfect R&R for my wife and I on our way home after rainy camping in Wales.
What are the rooms like?
As we entered our room, birdsong through the window competed check with Classic it out FM humming from a Roberts radio.
Egyptian cotton linen with a Hypnos mattress, carefully curated books and minibar snacks including gourmet crisps, nuts, olives and Smarties, along with Bramley bath products, completed the welcome.
Double rooms from £98 on a room-only basis. See thepheasant-inn.co.uk.
What is there to eat and drink?
Head chef Santosh and his team “bring their own secrets” to the Pheasant restaurant’s “best of British” menu – and they work magic.
I dined on crayfish with Bloody Mary sauce and caper berries, rump steak then chocolate cheesecake with vanilla ice-cream, cherry hazelnut and honeycomb.
My wife enjoyed salmon pate with pickled veg, herbcrusted lamb cutlet with carrot puree, broad-bean mousse, king oyster mushroom and jus, then sticky toffee pudding.
It was a miracle we could face the banging Full English brekkie the next day.
What else is there to do there?
You may spot a jockey or three at the bar, as Lambourn is famed for its racehorse training and nearby Newbury Racecourse.
Great trekking and cycling abound, or browse antique shops at Hungerford, ride a narrowboat on the Kennet and Avon Canal and venture into Marlborough.
Is it family friendly?
Families can pay an extra £15 a night for beds that sleep ages 2-14, while those under two stay for free.
They also have ‘Borrow Boxes’ in the room with activities for kids to use while there.
Is the hotel accessible?
There is wheelchair access to the restaurant and some of the rooms are on the ground floor.
Bruno Fernandes: Man Utd and Portugal midfielder wins Football Writers’ Association men’s Footballer of the Year award
There is no doubt Manchester United have given Bruno Fernandes a push to get this award.
United have been playing up Fernandes’ claims and also ensured the Portugal playmaker was promoted through some recent media engagements.
However, this would have been pointless had Fernandes not delivered at a time in the season when United needed him to deliver.
In October, when Fernandes spoke about qualification for the Champions League, few thought it was likely.
In January, when technical director Jason Wilcox told the United squad that was the aim despite Ruben Amorim’s dismissal, it seemed a tall order.
That they have achieved it with three matches to spare and could yet end the campaign nearer in points terms to the eventual champions than in any other season since Sir Alex Ferguson’s retirement 13 years ago, owes a huge amount to Fernandes.
Since returning from a rare injury against Burnley, Sunday’s victory over Liverpool was only the third match out of 16 in all competitions when Fernandes has not either scored a goal or created one.
His performances across the season have been consistently high and worthy of wider recognition.
Twelve months ago, when the debate over Fernandes’ United future raged, the question being asked was simply this: where would they be without him? The suspicion was they would have been much closer to relegation than they actually were.
The same could be asked now. The answer? They surely would not be looking forward to a Champions League return.
Real Madrid fine Valverde and Tchouameni for dressing-room fight | Football News
Real do not impose sporting sanctions saying 500,000 euro fines concludes the ‘internal procedures’ against the pair.
Published On 8 May 20268 May 2026
Real Madrid have fined Aurelien Tchouameni and Federico Valverde 500,000 euros ($588,000) each after a training ground clash that left the latter needing hospital treatment.
The club did not impose any sporting sanctions on the two players, saying in a statement that the fine “thereby concludes the internal procedures” launched against them.
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Valverde will miss Sunday’s Clasico against Barcelona as a result of the head injury he suffered during the altercation. The club said he would be out for up to two weeks.
Tchouameni took part in training on Friday and could feature at Camp Nou this weekend.
Madrid said on Friday that both players “expressed their complete remorse for what happened and apologised to each other” while taking part in a club investigation.
“They extended their apologies to the club, their teammates, the coaching staff, and the fans, and both have made themselves available to Real Madrid to accept whatever sanction the club deems appropriate,” read a club statement.
Uruguay international Valverde was accompanied to the hospital facility near the club’s Valdebebas training complex by Madrid coach Alvaro Arbeloa, according to Spanish reports, which said the player needed stitches to treat a facial wound.
Valverde sought to downplay the severity of the altercation with the France midfielder.
“The strain of the competition and frustration caused the situation to escalate,” Valverde wrote on social media, expressing regret at the media coverage of the incident.
“I accidentally hit a table during the argument, causing a small cut on my forehead that required a routine visit to the hospital,” he said.
“At no point did my teammate hit me, and I didn’t hit him either.”
According to reports, the two players quarrelled on Wednesday during training, and their argument continued on Thursday during and after the session.
Spanish media reported Valverde refused to shake Tchouameni’s hand and later fouled him in Thursday’s training session, with the pair scrapping afterwards in the dressing room when the injury occurred.
Tensions are running high at Real Madrid with the club on the verge of a second consecutive season without a major trophy.
Los Blancos trail Barca by 11 points at the top of La Liga, with Hansi Flick’s side able to clinch back-to-back league titles on Sunday if they do not lose.
Justice for Shireen: The American investigation | News
Four years after Shireen Abu Akleh’s killing, her family is still seeking US-backed accountability.
It’s been four years since Al Jazeera journalist Shireen Abu Akleh was killed by Israeli forces. In those years, her family has pushed the United States government for one thing: an independent investigation into her killing that leads to real accountability. The Take looks into the push for justice in the US, and why it’s been so difficult to achieve.
This is a story from the archives. This originally aired on September 5, 2022. None of the dates, titles or other references from that time have been changed.
In this episode:
- Lina Abu Akleh (@LinaAbuAkleh), Niece of Shireen Abu Akleh
- Katherine Gallagher, Human Rights Attorney, Center for Constitutional Rights
- Said Arikat (@SMArikat), Journalist
Episode credits:
This episode was updated by Sarí el-Khalili. The original production team was Negin Owliaei, Amy Walters, Ruby Zaman, Chloe K. Li, Alexandra Locke, and our guest host, Halla Mohieddeen.
Our sound designer is Alex Roldan. Our engagement producers are Adam Abou-Gad and Vienna Maglio. Andrew Greiner is lead of audience engagement. Alexandra Locke is The Take’s executive producer.
Published On 8 May 20268 May 2026
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Tess Daly and Vernon Kay sensationally SPLIT after 22 years of marriage and release shock statement

TESS Daly and Vernon Kay have split in a shock separation after ‘much consideration and a deep sense of care”.
The former strictly star posted on her Instagram this evening.
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She wrote in a post: “After much consideration, and with a deep sense of care and respect for one another, we have made the decision to separate amicably.
“This has not been an easy choice, but it comes from a place of mutual understanding and a shared desire for what is best for both of us. We remain great friends and most importantly, fully committed to our roles as loving and supportive parents, which will always be our priority.
There are no other parties involved in this decision.
“We kindly ask for privacy during this time as we navigate this transition together.
“We will not be making any further public comments.”
Tess, 57, and the Radio 2 DJ, 51, tied the knot in 2003 and share two daughters Phoebe, 21, and Amber, 16.
The pair met while working as up-and-coming TV presenters for rival channels in 2001, crossing paths at a BBC Christmas party.
All eyes on MARA Holdings' Q1 earnings: Experts look beyond Q4 losses
All eyes on MARA Holdings' Q1 earnings: Experts look beyond Q4 losses
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Exact date the UK’s largest outdoor waterpark will open for summer
You don’t have to go abroad to enjoy a day at a waterpark as the UK’s largest outdoor park has 18 slides and heaps of fun for the whole family

The waterpark has a huge variety of slides(Image: Splashdown Waterpark Quaywest )
With its twisting maze of colourful slides that overlook the sea, Splashdown Quaywest Waterpark looks like it could be part of a Mediterranean resort.
But you don’t need to head to the airport to enjoy the resort’s 18 waterslides, heated pool, or kid-friendly splash park. You’ll find it perched on the sands of the English Riviera. Splashdown Quaywest Waterpark is set on Goodrington Sands in Paignton, Devon, a hugely popular seaside resort that often has milder weather than the rest of the UK thanks to the Riviera’s microclimate.
From twisting tyre rides to the 65ft vertical Devil’s Drop, the waterpark has a wide variety of rides to try, depending on how brave you are. The Screamer is a short yet intense slide that pushes you through like a bullet at a 60-degree angle, while Wild Kamikaze is 60-metres long and has three steep drops one after another, which is bound to get your adrenaline going.
For younger kids, there’s Shipwreck Island, a pirate-themed interactive water play zone that has seven gentle waterslides, a tipping bucket, and lots of other kid-friendly features. There’s also a 20 metre long heated swimming pool, cafés, and restaurants, so there’s everything you need for a day out.
The waterpark re-opened last weekend, and at the moment is only open for weekends. However, it’ll be open daily from 10am to 5pm during half-term, and for extended hours in July and August. You can book tickets in advance for slots from two to four hours, or all-day admission from £31 for an adult ticket.
Many visitors combine their trip to the waterpark with some time on the beach at Goodrington. This Blue Flag beach has a stretch of soft golden sand that goes on for half a mile, and its waters are clear and shallow for paddling and swimming. Its promenade is part of the popular South West Coast Path, and you’ll find stalls selling pastries and ice cream, pubs, and hotels along this stretch.
Follow the path north and you can walk along Roundham Head, a popular coastal walking spot offering spectacular views of the English Riviera and pretty parkland trails. Further on, you’ll get to Paignton Beach, another Devon destination attracts the crowds on sunny days. Take a trip to Paignton Pier for wholesome family-fun such as fairground rides, noisy amusements, and dinosaur-themed adventure golf.
READ MORE: Hidden gem city with medieval architecture has one of the UK’s best high streetsREAD MORE: Dictator’s EU island with giraffes now open to the public with £35 UK flights
Paignton Zoo Environmental Park is another fun day out for families, and is home to over 1,600 animals including giraffes, flamingos, tigers, and gorillas, all housed in enclosures that match their natural habitat. It also features a vast colourful botanical garden with over 1,600 species of plants that change with the seasons making it an incredible place to visit year-round.
From Paignton, you can also hop on the Dartmouth Steam Railway and chug along the coast in a vintage train. Combine your train ride with a trip on an old-fashioned paddle steamer and you can explore the coast from dry land before heading to sea to spot sights such as waterfront castles and Agatha Christie’s former holiday home which overlooks the River Dart.
Have a story you want to share? Email us at webtravel@reachplc.com
Press freedom groups allege Larry Ellison vowed to oust CNN anchors
Two press freedom groups that own shares in Paramount Skydance are demanding to see the company’s books and internal documents, citing allegations that the company’s leaders may have promised favors to the White House to win approval for Paramount’s deal to acquire Warner Bros. Discovery.
The letter, sent Thursday to Paramount chief legal officer Makan Delrahim, says that media reports alleging that Paramount owner David Ellison and others promised favors to the Trump administration “create credible concern that Paramount leadership has offered, solicited, or effectuated a corrupt exchange,” which the groups argue would “constitute a breach of fiduciary duties” and open the company up to a “range of potential civil and criminal penalties.”
The letter cites Delaware law that allows stockholders to inspect the company’s books and records “for any proper purpose.”
Paramount declined to comment on the letter.
Among the issues raised in the letter are promises reportedly made by David Ellison and his father, Oracle billionaire Larry Ellison, that they would make “sweeping” changes at the news network CNN, which is owned by Warner Bros. Discovery.
The Ellison family acquired Paramount, which includes CBS and the storied Melrose Avenue film studio, last summer.
The letter cites changes implemented in CBS since their acquisition, including their decision to end late night television house Stephen Colbert’s show days after he characterized a settlement Paramount reached with Trump as a “big fat bribe.”
Under Ellison’s ownership, the letter says, numerous high-profile reporters have left the network and its ratings have dropped to “historic lows.”
Larry Ellison, who is backing the financing of Paramount’s proposed takeover of Warner, reportedly told White House officials that Paramount would “implement the CBS playbook” at CNN if the merger is approved, and remove anchors and commentators at the cable news network that Trump doesn’t like, according to the letter.
The effort comes just two weeks after Warner Bros. Discovery shareholders overwhelmingly approved the proposed merger. Investors have supported the Larry Ellison family takeover, which would become the biggest Hollywood merger in nearly a decade. The deal would pay Warner stockholders $31 per share — four times the stock price a year ago.
The letter was written on behalf of the Freedom of the Press Foundation, which develops secure communication tools for journalists and tracks violations of press freedom, and Reporters Without Borders, which tracks press freedom globally.
The organizations are being represented by former federal prosecutor Brendan Ballou, who established the Public Integrity Project this year to challenged alleged government corruption, as well as Delaware attorney Ronald Poliquin.
The missive, which could be a precursor to a lawsuit, opens another avenue of attack against the controversial $111-billion deal, which would transform the smaller Paramount into an industry titan.
With Warner Bros. Discovery, the Ellisons would also control HBO, TBS and the vast film and TV library of Warner Bros., which includes the Harry Potter, DC Comics, and Scooby-Doo, in addition to CNN.
Paramount, led 43-year-old David Ellison, wants to finalize its Warner Bros. takeover by the end of September. President Trump favors the deal; he has long agitated for changes at CNN.
But the proposed merger would saddle the combined company with $79 billion in debt, stoking fears that Paramount would be forced to make steep cost cuts to juggle such a large debt load.
Politicians, unions and progressive groups separately have pressed California Atty. Gen. Rob Bonta to scrutinize the proposed merger, hoping that he brings an antitrust lawsuit in an attempt to upend the deal.
More than 4,000 film industry workers, including Ben Stiller, Bryan Cranston, Ted Danson, J.J. Abrams, Jane Fonda and Kristen Stewart, have signed an open letter imploring Bonta and other regulators to block the merger. The group lamented the proposed tie-up, saying it “would reduce the number of major U.S. film studios to just four.”
Opponents fear the consolidation would lead to massive layoffs and diminish the quality of programming that Warner Bros., CNN and HBO are known for.
Hollywood has sustained thousands of layoffs over the last seven years since Walt Disney Co. swallowed Fox’s entertainment assets in another huge merger. In addition, the film production economy hasn’t recovered from shutdowns during the 2023 labor strikes. An estimated 42,000 entertainment industry jobs were lost from 2022 and 2024.
On Thursday, 34 California Democrats in Congress also sent a letter to Bonta, encouraging him to look closely at the merger.
The deal is expected to become one of the largest leveraged buyouts ever.
Ballou, who is working with the press freedom groups, previously served as a Justice Department special counsel with expertise in private equity transactions.
He resigned from the Justice Department in January 2025 when Trump returned to office. In his book, “Plunder: Private Equity’s Plan to Pillage America,” Ballou examined large leveraged buyouts and found that many of which resulted in bankruptcies.
Lakers vent about refs before trudging home down 2-0
From Broderick Turner: LeBron James sat with both feet in a bucket of ice and both knees wrapped in ice, his answers brief when the subject of the officiating came up after the Lakers lost Game 2 to the Oklahoma City Thunder, 125-107, Thursday night at Paycom Center.
James just looked straight ahead and kept his answers short even when he was told his coach, JJ Redick, voiced his displeasure with the officiating, especially when it was about the lack of calls for his 23-year veteran.
When asked about the officials, which became the main theme after the Lakers dropped a second consecutive game by 18 points in the best-of-seven semifinal series, James was diplomatic.
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“We’re down 2-0,” he said.
Indeed, the Lakers are down 2-0 in the that resumes with Game 3 on Saturday night in Los Angeles.
Still, James was asked about Redick saying his superstar gets some of the worst calls and why that is the case — at least in the eyes of Redick.
“I don’t know,” James said.
Again, James was asked about his conversation with the officials and if he’s satisfied with their answers.
“Nah,” James said.
James shot only four free throws in the game, and he made all four, finishing with 23 points. Austin Reaves responded from a bad Game 1 by scoring a playoff career-high 31 points on 10-for-16 shooting, making three if six three-pointers.
Even with an impressive Lakers defense that constantly doubled teamed Shai Gilgeous-Alexander to keep him to 22 points and in foul trouble most of the game, L.A. spent a lot of time after the game complaining about the officials.
Turn out the lights, Lakers are done
Lakers forward LeBron James stands on the court as some fans hold up photo cut-outs of Oklahoma City Thunder players Thursday.
(Nate Billings / Associated Press)
From Bill Plaschke: They have long since proven themselves as an endlessly efforting Laker team that never believes they’re beaten.
They’re beaten.
With the sort of resounding resilience that had earlier carried them to playoff wins without their two leading scorers, these Lakers have shown they desperately do not want this season to be over.
It’s over.
The Oklahoma City Thunder overcame another valiant Lakers charge Thursday night to win their second game in two tries in the Western Conference semifinals at Paycom Center.
The Lakers played hard, played tough, played the Thunder from baseline to baseline, played strong enough to fly home with pride.
And still lost by 18.
The 125-107 Thunder victory gives the defending champions a two-games-to-none lead in a series that is scheduled for as many as seven games.
It’s not lasting anywhere near that long.
Lakers fans can blame this on the Clippers
Oklahoma City Thunder guard Shai Gilgeous-Alexander drives to the basket past Lakers Deandre Ayton and LeBron James Thursday night.
(Nate Billings / Associated Press)
From Mirjam Swanson: Don’t blame the refs, blame the Clippers.
They created this monster. They sent it out into the world.
The Oklahoma City Thunder, top-seeded in the NBA playoffs for the third consecutive season, are running roughshod over opponents. Kicking everybody’s butts and driving everyone up the wall.
And, oh, Clippers what did you do?
This Oklahoma City juggernaut, built to last in an era that would otherwise be remembered for its parity?
It was spawned on July 6, 2019, when the Clippers traded Shai Gilgeous-Alexander, Danilo Gallinari and a boatload of draft picks to the Thunder in exchange for Paul George, who they paired with free agent Kawhi Leonard, mortgaging their future on the failed bet that two Southern Californians would lead the franchise to its first NBA title.
MORE LAKERS:
‘That’s what we need.’ Austin Reaves bounces back in Lakers’ Game 2 loss
A look at how Shohei Ohtani is working to snap his slump
Dodgers designated hitter Shohei Ohtani doubles during a win over the Astros in Houston on Wednesday.
(Ashley Landis / Associated Press)
From Maddie Lee: It was to almost the same spot as the much harder cutter Ohtani had just fouled off. But Ohtani, starting his swing on time for the fastball, recognized the sweeper early enough to stop this momentum, throw his hands to the ball, and hit a low line drive up the right-field line for a double.
That hit in the third inning of the Dodgers’ 12-2 blowout win Wednesday was his first in over a week. He’d gone 18 straight at-bats without a hit. Watching Ohtani grind through the slump, manager Dave Roberts even decided to give Ohtani the day off from hitting when he took the mound Tuesday.
Then on Wednesday — whether it was the result of that break, or on-field batting practice two days before, or a culmination of work, or some combination of the three — Ohtani logged two hits and a walk.
“Today was a good day for Shohei,” Roberts said.
So, what was going wrong, and how is Ohtani going about trying to make sure his good day becomes the start of an offensive turnaround?
Why Kelsey Plum believes this is the Sparks’ year
Sparks guard Kelsey Plum left a WNBA champion in Las Vegas for a chance to build a title contender.
(Elsa Garrison / Getty Images)
From Marisa Ingemi: On a rare off day in Los Angeles, Sparks guard Kelsey Plum settles into a quieter rhythm. She brings a book to a dog park near her home, finds a spot, and reads. But even here, the stillness is partial at best. Her mind keeps working, circling the same question that has followed her through every stage of her career. What does greatness actually require?
Right now, Plum is reading “The Talent Code,” a book that digs into the tension between nature and nurture. It’s not exactly light reading for a day off, but then again, she isn’t really wired for off days.
“Talent,” she says, “takes countless hours of practice. Sure, you have some natural ability, but you have to train it. You look at like a Russian tennis player, why are they good? Is it random? The similarity with greatness is practice.”
That idea, practice as the great equalizer, shapes how Plum sees her career now, in a moment that demands more from her than ever before.
Lakers playoff schedule
Second round
All times Pacific
at Oklahoma City 108, Lakers 90 (box score)
at Oklahoma City 125, Lakers 107, (box score)
Saturday at Lakers, 5:30 p.m., ABC
Monday at Lakers, 7:30 p.m., Prime Video
*Wednesday at Oklahoma City, TBD
*Saturday, May 16 at Lakers, TBD
*Monday, May 18 at Oklahoma City, TBD
*- if necessary
Ducks playoffs schedule
Second round
All times Pacific
at Vegas 3, Ducks 1 (summary)
Ducks 3, at Vegas 1 (summary)
Friday at Ducks, 6:30 p.m., TNT, truTV, HBO MAX
Sunday at Ducks, 6:30 p.m., ESPN
*Tuesday at Vegas, TBD, ESPN
*Thursday, May 14 at Ducks, TBD, TNT, truTV, HBO MAX
*Saturday, May 16 at Vegas, TBA, ABC or ESPN
*-if necessary
This day in sports history
1907 — Canadian Tommy Burns retains his world heavyweight boxing title after beating ‘Philadelphia’ Jack O’Brien on points in 20 rounds.
1915 — Regret, ridden by Joe Notter, becomes the first filly to win the Kentucky Derby, with a 2-length wire-to-wire victory over Pebbles.
1937 — War Admiral, the favorite ridden by Charles Kurtsinger, wins the Kentucky Derby by 1 3/4 lengths over Pompoon.
1943 — Count Fleet, ridden by Johnny Longden, wins the Preakness Stakes by 8 lengths over Blue Swords.
1954 — World record holder William Parry O’Brien becomes the first man to throw the shot put more than 60 feet with a 60-5¼ toss at a meet in Los Angeles.
1967 — Muhammad Ali is indicted for refusing induction in U.S. Army.
1968 — Jim “Catfish” Hunter of the Oakland A’s pitches a perfect game, beating the Minnesota Twins 4-0. It is the first perfect game in the American League regular season in 46 seasons.
1970 — Walt Frazier scores 36 points to lead the New York Knicks to a 113-99 victory over the Los Angeles Lakers and the NBA championship in seven games.
1974 — FC Magdenburg of East Germany win 14th European Cup Winner’s Cup against AC Milan of Italy 2-0 in Rotterdam.
1984 — On the day the Olympic torch relay begins, the Soviet Union announces it will not take part in the 1984 Summer Olympics. The Soviet National Olympic Committee Union said the participation of Soviet athletes would be impossible because of “the gross flouting” of Olympic ideals by U.S. authorities.
1993 — Lennox Lewis of Britain scores a unanimous 12-round decision over Tony Tucker in his first defense of the WBC heavyweight title in Las Vegas.
1995 — New Zealand’s Black Magic 1 takes a 2-0 lead, defeating Young America by the widest margin for a challenger since the 1871 America’s Cup.
1996 — Paris Saint-Germain of France win 36th European Cup Winner’s Cup against Rapid Wien of Austria 1-0 in Brussels.
2001 — Randy Johnson becomes the third pitcher to strike out 20 in nine innings. He doesn’t finish the game as the Arizona Diamondbacks go on to beat Cincinnati 4-3 in 11 innings.
2003 — Minnesota becomes the first team in NHL history to rebound from two 3-1 series deficits to win in one postseason with a 4-2 victory at Vancouver.
2011 — University of Georgia senior Russell Henley becomes the second amateur winner in PGA Nationwide Tour history, shooting a 3-under 68 for a two-stroke victory in the Stadion Classic.
2011 — The Tradition Senior Men’s Golf, Shoal Creek G&CC: Tom Lehman wins second of 3 Champions Tour majors with par on 2nd playoff hole against Australian Peter Senior.
2012 — Josh Hamilton becomes the 16th player to hit four home runs in a game, launching a quartet of two-run drives against three different pitchers to carry the Texas Rangers to a 10-3 victory over the Baltimore Orioles.
2013 — Alex Ferguson announces his retirement as Manchester United’s manager at the end of the season.
2014 — The Houston Texans takes South Carolina defensive end Jadeveon Clowney with the first pick in the NFL draft. The draft’s other big name, Texas A&M quarterback Johnny Manziel, sits until Cleveland makes its third trade of the round and grabs the 2012 Heisman Trophy winner at No. 22.
2018 — Seattle Mariners MLB left-hander James Paxton hurls a no-hitter in a 5-0 win over the Blue Jays in Toronto.
Compiled by the Associated Press.
Until next time…
That concludes today’s newsletter. If you have any feedback, ideas for improvement or things you’d like to see, email me at houston.mitchell@latimes.com. To get this newsletter in your inbox, click here.
Economists warn of fiscal risks in Chile reform plan

A new International Monetary Funds report says higher copper production and prices support Chile’s growth expectations, but warned of risks that include the crisis in the Middle East, rising oil prices and loss of domestic competitiveness tied to the sharp public spending cuts. File Photo by Mario Ruiz/EPA
SANTIAGO, Chile, May 8 (UPI) — An economic reform plan Chilean President José Antonio Kast announced to revive the country’s economy is drawing criticism over its potential short- and medium-term fiscal impact, as the International Monetary Fund lowered its growth projections for Chile.
The IMF’s World Economic Outlook report had estimated in mid-April that Chile’s gross domestic product would grow 2.4% in 2026 and 2.6% in 2027. However, the organization said this week it revised those projections to 2.2% this year and 2.5% in 2027 if external conditions and the country’s fiscal situation improve.
“Economic activity, driven by investment and exports in 2025, faces a period of heightened uncertainty,” the IMF said.
The report said higher copper production and prices support growth expectations, but warned of risks that include the crisis in the Middle East, rising oil prices and loss of domestic competitiveness tied to the sharp public spending cuts promoted by Kast.
The Chilean president’s plan includes proposals to reduce corporate taxes and cut bureaucracy in an effort to stimulate private investment. Congress is discussing tha proposal.
“Amid persistently high inequality, social discontent also remains a risk,” the IMF report said.
The IMF is not the only institution warning about the risks associated with the government’s National Reconstruction Plan.
Chile’s Autonomous Fiscal Council, an independent public agency tasked with monitoring the sustainability of fiscal policy, warned about the proposal’s possible impact on the country’s fiscal balance and public debt.
“The project commits fiscal spending with a high degree of certainty in the short term and reduces permanent revenue, while the positive effects depend on more uncertain future income associated with growth, which could lead to a deterioration in the fiscal balance if growth does not materialize at the estimated magnitude and speed,” the council said.
Jaime Bastías, director of the auditing school at Finis Terrae University, told UPI the IMF’s downgrade was “absolutely” expected because Chile’s central bank had already made a similar adjustment, while debate over financing the government’s proposal continues to intensify.
“The government’s plan can be an engine that helps us face the storm we are going through, but that is heavily conditioned on the state maintaining orderly public finances. The IMF says that if the proposed tax cuts are not offset through other channels, the country’s debt will grow too much, and that will create another problem,” Bastías warned.
Carlos Smith, a researcher at the Center for Business and Society Research at Universidad del Desarrollo, told UPI the IMF report shows that both external and domestic factors are likely to weaken household income and affect consumer spending.
“Consumption is one of the main drivers of Chile’s GDP. The IMF expects it to contract and that is already beginning to show, along with a very weak labor market. Chile is in a much weaker condition,” he said.
Smith said that although the IMF lowered its growth forecasts, the organization still appears optimistic about the long-term positive impact of the government’s proposed reforms.
“The impact will materialize more slowly than the finance minister expects. Therefore, the IMF is suggesting more efficient alternatives such as lower costs or more limited subsidies to create new jobs,” Smith said.
He added that while Ciles should adjust some aspects of the reform, he believes the plan is still moving in the right direction.
“I agree with the IMF that the proposal needs refinement and should focus on removing obstacles to investment projects without lowering the standards of our legislation or environmental protections. If that is achieved, I believe there is a possibility of reaching 3% growth by the end of the decade,” he said.
Bastías agreed, saying Chile could grow at 3% by 2030 if copper prices remain high, production increases and more private investment arrives.
“It is an optimistic scenario where we need to focus on stimulating those three factors. If that favorable future does not materialize, we will all pay the costs,” he said.
FIFPRO in ‘landmark’ win as European body admits football calendar failings | Football News
Players’ union challenge French state’s failure to protect professional footballers from the health and safety risks.
Published On 8 May 20268 May 2026
Football players’ union FIFPRO is hailing a “landmark” legal win after a European rights body agreed to investigate whether the French state failed to uphold labour standards for professional footballers.
The unanimous decision by the European Committee of Social Rights in March marks the first time a players’ union has successfully advanced a collective complaint under the European Social Charter. It paves the way for an investigation into whether France has failed to ensure proper working conditions for professional players, including minors.
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FIFPRO described the heart of the dispute as the French state’s failure to protect professional footballers from the health and safety risks posed by a congested and expanding international match calendar, which it argues is driven by FIFA’s unilateral decisions on competition formats.
The inaugural edition of a rebranded and expanded FIFA Club World Cup came in for particular criticism from across the game when it was staged last year.
The French government had sought to have the case dismissed, arguing that any alleged labour violations were the responsibility of private sports bodies, such as FIFA or the French Football Federation, rather than the state.
The Committee rejected that objection, affirming that national governments remain legally responsible for ensuring fundamental workers’ rights are upheld within their jurisdictions, regardless of whether a private entity manages the industry.
FIFPRO Europe, which is supporting the French National Union of Professional Footballers (UNFP) in the case, described the decision as a “signal case” for the industry.
It added that the complaint highlights how global governing bodies “frequently bypass national labour standards regarding rest periods and collective bargaining.”
FIFPRO Europe confirmed it would provide full support to the UNFP during the upcoming proceedings and called on other European states to hold football authorities accountable for “systemic failures” that it said prioritise commercial interests over player safety.
“France is not alone: many other states are in a comparable situation, with minimum standards for working time, rest periods, occupational health and collective bargaining structurally undermined by decisions taken at global level,” its statement said.
Reality star Barrie Drewitt-Barlow and husband deny grooming young men after rape charges
Britain’s first gay surrogate parent, who co-owns Maldon and Tiptree football club, has “strenuously denied” grooming young men for sexual exploitation, a court heard
17:13, 08 May 2026Updated 17:13, 08 May 2026

Barrie Drewitt-Barlow, 57, appeared at Chelmsford Magistrates’ Court on Friday alongside his 32-year-old partner, Scott Drewitt-Barlow(Image: Getty Images)
Britain’s first gay surrogate parent has “strenuously denied” grooming young men for sexual exploitation, a court heard. Barrie Drewitt-Barlow, 57, appeared at Chelmsford Magistrates’ Court on Friday alongside his 32-year-old partner, Scott Drewitt-Barlow.
The men, both of Danbury, Essex, face multiple charges including rape, sexual assault, and modern slavery trafficking for sexual exploitation. The alleged offences, which are said to have taken place in Essex and Manchester between April 2013 and January this year, relate to four different men, who cannot be named for legal reasons.
The defendants are alleged to have “recruited” young men before grooming them and subjecting them to sexual assaults including rape, the court heard.
READ MORE: Barrie Drewitt-Barlow and husband charged with human trafficking and sexual offences
Defence barrister Oliver Snodin said the allegations against Barrie and Scott Drewitt-Barlow are “strenuously denied” by them both. Flanked by custody officers, the defendants, wearing hooded sweatshirts, spoke only to confirm their personal details.
The two men were remanded into custody to appear at Chelmsford Crown Court on June 5. Prosecutor Serena Berry said: “Barrie Drewitt-Barlow is in a relationship with Scott Drewitt-Barlow… they are what could be termed to be celebrities, who live multi-million [pound] lifestyles and have featured in many documentaries and reality TV shows.
“They own the Maldon and Tiptree football club, and they have other businesses in the Essex area and also abroad in other countries.
“It is alleged they have both targeted young males, they have recruited them, they have befriended them, they have groomed them. They have invited them to their home and other premises.”
Barrie Drewitt-Barlow became Britain’s first gay surrogate parent in 1999 and made a name for himself in the media. He was due to be in ITV reality show Up The Jammers.
The charges follow co-ordinated searches at premises in Danbury, Maldon and Braintree on Wednesday, Essex Police previously said.
He is charged with three counts of sexual assault on a male, four counts of rape of a man 16 or over, and two counts of arranging or facilitating travel of another person with a view to exploitation.
Scott Drewitt-Barlow is charged with one count of sexual assault on a male, one count of rape of a man 16 or over, and two counts of arranging or facilitating travel of another person with a view to exploitation.
Essex Police are appealing for information on the case and ask witnesses to contact them using the major incident public portal (MIPP) on their website, or by calling 0800 051 4526, or 0207 126 7612 internationally.
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DBS Group: Putting AI Into The Bank’s DNA
Tan Su Shan, CEO and director of DBS Group—winner of this year’s Best Bank in Asia-Pacific—discusses the benefit of AI investments.
As global banks navigate trade fragmentation, AI disruption and volatile markets, DBS continues to distinguish itself through strong profitability and an aggressive technology strategy.
In this conversation with Deputy CEO Tan Su Shan, the bank’s leadership discusses how DBS surpassed $100 billion in market capitalization, scaled AI across hundreds of use cases and positioned itself to benefit from shifting intra-Asia trade flows.
Tan also outlines the challenges posed by tariffs, foreign-exchange swings and the accelerating evolution of generative and agentic AI as DBS looks toward 2026.
Global Finance: What factors shaped your bank’s performance in 2025?
Tan Su Shan: We delivered a solid financial performance in 2025, reflecting the resilience of our diversified franchise. Our total income and profit before tax hit new highs of S$22.9 billion ($18 billion) and S$13.1 billion, respectively. Return on equity (ROE) was 16.2%, within our medium-term target and several percentage points above our local and global peers.
A big part of our success was being well-positioned to capture structural growth opportunities arising from the shifting macro landscape, including rising intra-Asia trade and investment flows, as well as new trade and supply corridors between Asia and other regions such as Europe.
GF: What role did Al play in that performance?
Tan: We aim to sustain our leadership as an AI-enabled bank with a heart, using technology to deliver a competitive advantage while creating tangible impact for customers.
We have industrialized AI at scale, deploying more than 430 use cases—four times 2021 levels—powered by over 2,000 sophisticated models. These have delivered measurable outcomes, including stronger risk management, improved controls, and productivity gains. In 2025, our data analytics and AI/ML initiatives generated approximately S$1 billion in economic value.
Building on this foundation, we are embedding Gen AI and Agentic AI into customer journeys and internal workflows. Horizontal capabilities such as our DBS-GPT proprietary generative AI platform provide role-based access to millions of internal documents, accelerating decision-making and problem-solving. Vertical solutions such as DBS Joy, our Gen AI-enabled chatbot, deliver always-on, high-quality customer support at scale, improving customer satisfaction by 23% while handling more than 235,000 AI-powered interactions. Together, these capabilities lift productivity, decision quality, and customer experience by combining machine intelligence with human judgment.
GF: Which milestones did DBS reach in 2025?
Tan: It was a landmark year for DBS, notwithstanding global volatility, and the market’s confidence in our franchise has never been clearer. We surpassed the $100 billion market capitalization milestone in June and closed the year at $124 billion, cementing our position among the top 25 banks globally.
Moving ahead, we remain focused on building a resilient, growth-oriented, and future-ready market leader, anchored by our three strategic moats of trust, data, and culture.
GF: What was 2025’s greatest challenge for DBS?
Tan: Undoubtedly, our greatest challenge was the onset of tariffs following Liberation Day and the market volatility that followed. When you layer on headwinds from interest rates and significant FX fluctuations, you create a perfect storm we had to navigate. Despite these pressures, DBS delivered a solid financial performance. We achieved this by being proactive with our balance sheet hedging, securing record deposit inflows, and maintaining a sharp, strategic focus on high-ROE businesses such as wealth management.
At the same time, technology continued to move at a breathtaking pace, especially with the rapid shift toward Gen AI and Agentic AI. Fortunately, we weren’t starting from scratch, as we have been working with AI for more than a decade. Our early and sustained investments in data and technology gave us the robust foundation needed to industrialize AI across hundreds of meaningful use cases, positioning us to move quickly as the techno-logy evolves.
GF: Does 2026 present new challenges?
Tan: Our strategic priorities remain intact, and in 2026, we will continue leveraging our core strengths—what we term the “4 Ds”: Dependable, Diversifier, Digital, and Disruptor—to be a beacon of stability for our customers amid heightened volatility.
We have embarked on our vision to become an AI-enabled bank with a heart, transforming our operating models, leveraging machine intelligence, and preserving human empathy to reinforce the trust customers place in us. We will continue scaling our structural growth engines, which remain relevant even in a more bifurcated world.
This includes prioritizing growth in high-ROE businesses such as wealth management, transaction services, financial institutions group, and treasury customer sales. We also remain focused on our six core markets in Asia (Singapore, Hong Kong, India, Taiwan, China, and Indonesia) and on building connectivity between our Western and Asian clients. Strengthening resilience across every organizational layer remains a key, ongoing priority.
British Airways warns ticket prices will SOAR to cover £1.7billion fuel bill

BRITISH Airways passengers face higher fares after its parent company warned rising oil prices will add about £1.72billion to its fuel bill this year.
International Airlines Group (IAG), which also owns Iberia and Aer Lingus, said it expects to pass on part of the extra cost through ticket prices, with business class and other premium long-haul passengers among those most likely to be affected.
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Chief executive Luis Gallego said airlines need to increase fares to help offset fuel costs, which make up about a quarter of their spending.
The rise follows disruption linked to the Middle East conflict and the closure of the Strait of Hormuz, which normally carries about a fifth of the world’s oil and gas shipments.
IAG warned the crisis could deepen if the strait remains blocked, with global jet fuel supplies potentially restricted.
However, the group said it does not expect any disruption to summer fuel supplies.
Mr Gallego said there is less jet fuel coming from the Middle East, but there are “other places with record supply” such as the US.
He said IAG has been “planning for situations like this for many years”, and has invested in its own jet fuel supply at its “main hubs”.
The company recorded a pre-tax profit of £365million during the three months to the end of March.
That was a 76.6% increase from £207million a year earlier.
The group now expects its annual fuel bill to reach £7.78billion.
Mr Gallego attributed the firm’s “strong first quarter” to “continued strong demand for our networks and airline brands”.
He added: “IAG is uniquely positioned to navigate the current headwinds created by the Middle East conflict thanks to our leading positions across diverse markets, strong brands, structurally high margins and strong balance sheet, as well as a strong track record of execution.”
IAG said about 3% of its capacity was “exposed to the Gulf region” at the start of the war on February 28, mostly with British Airways flights.
A large part of this has been redeployed, including boosting capacity at destinations where there are now fewer flights by Middle East carriers such as Bangkok, Singapore and the Maldives.
British Airways has also announced additional flights this summer on routes with higher demand for direct flights, such as India and Nairobi.
Inside the huge new £12million land opening at the UK’s ‘theme park of the year’ next week
ONE year after its announcement, Paultons Park is finally set to open its new Viking-themed land in a matter of days.
Called Valgard – Realm of the Vikings, the £12million land will have its very first inverting rollercoaster, a swing ride and Middle Age themed ‘feast’ dining.
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Paultons Park, which was voted ‘Theme Park of the Year,’ is opening its new land on May 16.
Upon its opening, Valgard: Realm of the Vikings will three new rides including theme park’s first inverting rollercoaster.
The ride called Drakon, has been dubbed the ‘crown jewel of Valgard’, and is expected to be a thrilling addition to the park.
Riders will climb a huge vertical hill before they twist and fly through the air upside down.
There will also be the swinging ride called Vild Swing, which is suitable for families.
It’s a first-of-its-kind attraction in the UK that launches riders 12metres into the air and allows them to experience a feeling of weightlessness.
Paultons Park’s Cobra coaster is being reinvented as Raven.
The ride has been called ‘a high-speed bobsleigh style coaster’ and takes riders for a very swift tour journey through the Viking world.
The Orchard Playground is a Viking-inspired area for children between three and 10 – it has a lookout tower, slides, and treehouses to climb.
At the Feasting Hall restaurant, visitors can refuel on flame-grilled chicken, tenders, burgers and salad bowls.
Children can tuck into toasties, meatball subs and chicken burgers.
For afters, there are pancakes with plenty of toppings, sundaes, milkshakes and ice cream.
In 2027, a new water experience is scheduled to open in Valgard – but little information has been released about this planned attraction.
Paultons Park is well-known for having the UK’s first Peppa Pig World and its most recent attraction Ghostly Manor opened this time last year.
Paultons Park won 10 awards at the UK Theme Park Awards – including Theme Park of the Year.
The Sun’s Head of Travel (Digital) Caroline McGuire recently raved about the park.
She said: “On the kids’ favourite rides, such as the Velociraptor and Cat-O-Pillar coasters, we were able to fit in about three rounds in 15 minutes.
“Ghostly Manor even won Best New Attraction at last year’s UK Theme Park awards, one of ten gongs Paultons bagged that I’ve have to agree with thanks to a number of key factors.
“These include the short queues, incredible customer service (employees all cheerful), the cleanliness (bathrooms spotless) and the attention to detail and the fact that they don’t charge for parking, unlike several other big theme parks.
“We spent the entire weekend outside, grinning from ear to ear. And we were blown away, in the good sense.”
A day ticket to Paultons Park is £46.75pp which includes park entry, free parking as well as entry to see the gardens, animals and character meets.





















