Closes

After a fraught fight, Paramount-Warner Bros. transaction closes

David Ellison emerged with his prized Hollywood juggernaut Tuesday as the merger of Paramount Skydance and Warner Bros. Discovery officially closed.

The $111-billion transaction culminated a year-long battle by the 43-year-old tech scion to add Warner Bros. Discovery to his family’s growing portfolio.

The Ellison family now controls one of the largest traditional media companies ever formed, with HBO, CNN, CBS, Comedy Central, TBS, Food Network, two traditional Hollywood studios and two major streaming services.

Shares of the new company began trading under the ticker SKYD, a switch from last week when the company went by PSKY for Paramount Skydance. Ellison has called the merged company, Skydance, the name he selected two decades ago when he began building his Hollywood studio.

This is a developing story.

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Tiny UK island with peaceful beach and chocolate factory closes to tourists a month earlier than planned

An image collage containing 4 images, Image 1 shows Ferry arriving at Caldey Island, Pembrokeshire, Wales, Image 2 shows The old lighthouse building on the clifftops at Caldey Island off the coast of Wales, UK, Image 3 shows A red and blue boat named Nemesis docked at a pier, with a British flag flying and Caldey Island in the background, Image 4 shows Colorful buildings along the rocky coast of Tenby, Wales, under a clear blue sky

A TINY island off the coast of the UK has closed earlier than expected amid fears of incoming bad weather conditions.

Caldey Island is a short, 20-minute boat ride from Tenby in Wales, with just 40 people living there.

Caldey Island has closed a month earlier than planned Credit: Alamy
The only way to get to the island is by boat Credit: Alamy

However, in the summer months, tourists flock to the island when it reopens from Easter to the end of October.

Yet the island has since stopped boats almost a month early, citing upcoming weather concerns including high pressure and fog.

The island, owned by a group on monks, explained on social media: “After careful consideration, we have made the difficult decision to close Caldey Island for the remainder of the 2026 season.

“With the weather forecast for October looking particularly challenging, we feel it is the right decision to bring the season to a close a little earlier than usual.”

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They added that it had been a “record-breaking season,” having been open for 64 days in a row from July to August.

The island will now stay closed until next year, likely opening in spring 2027.

But if you are planning your trip there next year, there is lots to do for a day trip to the ‘paradise’ island.

It is one of the UK’s holy islands, having been owned by monks for more than 1,500 years.

One of the main attractions is the lighthouse Credit: Alamy
You can expect a very quiet beach on the island Credit: Alamy
There is also a small village with shops and cafes Credit: Alamy

Priory Bay is the beach that is open to tourists, with the golden sands often devoid of crowds.

The island also has a chocolate factory to explore, along with a cafe, tea garden and gift shop.

Along with five walking trails (where you can spot rare red squirrels), a playground and a lighthouse attraction, a new Visitor Centre is also set to open.

If you want to stay, there are three options – St Philomena’s, with full-board stays costing £75pp and St Teilo’s cottage which is £65 a night.

Otherwise there are some rooms in the Monastic Guesthouse, which is only for men, and must work with assisting the monks.

To visit the island, it costs £24.95 for adults and £12.95 for kids, with reduced rates for seniors and families.



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NBA closes sole Africa training academy in blow to young players | Basketball

NBA says its focus is on new global academy opening in Abu Dhabi as Africa, Mexico and Australia hit by closures.

The NBA has closed its only elite training academy in Africa, less than a decade after it was launched in Senegal to prepare promising young African players for professional leagues in the United States and elsewhere.

The decision to close NBA Academy Africa was a blow to students and young players across the continent, two former employees said.

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Michel Chikwanine, who had been the academy’s performance and lifestyle adviser, said late Thursday that the news discouraged African players just beginning to build confidence.

“From the moment we told them, their confidence waned, their confidence dropped,” he said.

Michael Abbott, former head of academic planning at the academy, said it showed a lack of commitment to the students.

“They weren’t invested in them as kids as much as they were invested in the business model,” he said.

In response to questions from the Reuters news agency, the NBA said the decision reflected a shift in global basketball development strategy. It has previously closed academies in Mexico and Australia. All training will be run out of a new global academy to open soon in Abu Dhabi in the United Arab Emirates, it said.

In its statement, the NBA added that it is continuing to invest in African talent through other programmes and closing the academy does not signal a diminished commitment to the continent.

It cited examples such as the creation of a Basketball Africa League, which has concluded six seasons, and Basketball Without Borders, which organises elite training camps for young people worldwide, including in Africa.

NBA success in Africa followed by closure

NBA Academy Africa has trained about 110 students since launching in Senegal in 2018, Abbott said, and many have moved on to elite schools and universities in the US. The most successful students were drafted into the NBA.

Graduate Ulrich Kamka Chomche of Cameroon became the first player to be drafted into the NBA in 2024 and played for the Toronto Raptors. Former academy student Khaman Maluach of South Sudan plays for the Phoenix Suns.

Chikwanine said closing the academy will limit opportunities for African players, who often come from challenging backgrounds and need specific support. All African prospects will have to compete globally for spots in the UAE.

He said the NBA’s decision reinforced a message felt by many Africans that big companies come to the continent claiming to want to invest in people but in reality just want to make money.

“They come in with an extraction mindset,” he said. “That has always been a reality on the continent of Africa. … There is a huge mistrust that has been built.”

The NBA denied that closing the academy would limit opportunities for young African players. It said training all young players at a single location would give them greater exposure to professional coaches and scouts worldwide.

“We’re incredibly proud of the impact that NBA Academy Africa has had and remain committed to developing the next generation of African players,” Troy Justice, NBA senior vice president, said in a statement, adding that several other youth development initiatives still operate on the continent.

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World Rally Championship: The five titles that got away as Elfyn Evans closes in on elusive crown

A revamp of the points system for 2025 was welcomed by Evans; it also brought his tightest title race yet.

After second place to Ogier in the Monte Carlo curtain-raiser, the re-energised Welshman won in Sweden and Kenya – rallies the Frenchman sat out.

With a 36-point advantage, Evans had opened up the largest championship lead ever recorded after three rounds of a WRC campaign.

But he would not win again that season and though he never finished lower than sixth, Ogier gradually whittled away at his lead until it came down to just three points with one round to go.

That race was a brand new entry to the calendar, and there was uncertainty over what lay ahead at Rally Saudi Arabia.

The terrain proved brutal for all the drivers. Tyre problems galore saw the leaderboard shifting like the sand. It ended with Ogier in third and Evans in sixth.

The points-swing was seven. The Frenchman had won a record-equalling ninth WRC title by four points, and Evans had fallen just short for the fifth time in six years.

“We’ve done what we can, that’s it,” was his reaction.

“We’re competitors at the end of the day, we always want better, we always want more.”

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Four-star hotel chain closes TWO locations in UK

A BELOVED UK hotel chain has closed two of its sites ahead of a Premier Inn takeover.

One of the hotels has been in operation since 2009 and was highly praised by guests for its great service, low prices and comfy beds.

Modern hotel building at dusk with blurred car lights on the road.
A popular hotel chain has closed two of its sites ahead of a major takeover Credit: Future Inn
A purple Premier Inn sign with a sleeping moon and stars, against a backdrop of green trees.
The two sites will be turned into Premier Inn hotels Credit: AFP via Getty Images

Now, Future Inn in Bristol‘s iconic Cabot Circus has shut down for good, having been bought by hotel giant, Premier Inn.

Future Inn’s Plymouth branch has also closed its doors, after operating for 20 years.

The four-star sites were acquired by hospitality operators, Whitbread, and will re-open under the Premier Inn name.

While it’s unknown when the transformations will be completed, the purchases come after Whitbread announced a new business strategy to invest in the Premier Inn brand.

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The company has shut down hundreds of Brewers Fayre, Beefeater, Table Table and Bar + Block locations in recent months in order to invest in Premier Inn hotels.

The closure of Bristol’s Future Inn was confirmed after guests who had reservations for after September 28 had their bookings cancelled.

Sharing a statement after the official closure, a Future Inn spokesperson said: “After 17 wonderful years, we’re saying goodbye to Future Inn Bristol.

“To every guest who stayed with us, celebrated with us, shared special moments with us and made memories here – thank you.

“And to the incredible team members, past and present, who brought the hotel to life every day – thank you for your hard work, loyalty and dedication.”

The statement also confirmed the fate of the Plymouth branch, while it said that the Cardiff site will remain open.

The Bristol Future Inn hotel boasted 149 bedrooms as well as its Chophouse restaurant and bar.

The branch also had multiple conference and event spaces plus a jazz music venue.

Having hosted guests for almost two decades, Future Inn became a popular tourist go-to with countless positive reviews.

Reviewing the hotel earlier this year, one guest said: “Excellent stay from start to finish.

“The hotel is modern, clean and very comfortable, with spacious rooms that had everything needed for a relaxing family stay.

“Beds were comfortable, the room was well maintained, and it felt fresh and welcoming throughout,” the customer added.

Another described their stay as a “lovely experience”, while one more wrote: “I had a wonderful stay at this hotel. The room was very spacious, and the bed was large and extremely comfortable.”

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UK’s oldest seaside town closes historic funicular with fears it WON’T reopen

SCARBOROUGH Spa Cliff Lift was closed with immediate effect last month – with fears it might never reopen.

The funicular is the oldest of its kind in the country and has been described as a ‘landmark’ for the town.

Scarborough’s funicular is the oldest of its kind in the UK first opening in the 1800s Credit: Alamy
It was closed last month due to safety concerns Credit: Alamy

The Scarborough Spa Cliff Lift closed to visitors on August 21 due to safety fears.

Later today, the lift’s closure and its future will be discussed at a council meeting.

What is set to be spoken about is the funicular’s closure as well as its repair requirements and predicted timescale for the lift’s reopening.

However, the North Yorkshire Council has yet to announce an opening date and is still reviewing the findings of a specialist report.

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Another assessment that examined the tracks and carriages said that the lift operates in a “challenging coastal environment, where salt-laden air, high winds and severe weather can accelerate wear and corrosion”.

The cliff lift is the oldest of its kind in the country, first opening in 1875.

Originally, it was used to transport passengers between the hotels on the Esplanade and the spa.

It was powered by water and gas engines until the 1950s when it was converted to run on electricity.

The funicular has been subject to coastal erosion due to its proximity to the sea Credit: Alamy
Collage of travel items including a plane, sunscreen, passport, suitcase, and plane tickets, advertising The Sun's travel Instagram account.

Council leader Carl Les, said: “The lift is an important part of Scarborough’s history and identity, and we recognise the affection people have for this landmark attraction.”

Last year when the attraction turned 150-years-old, live performances and exhibitions were held in the town to celebrate its anniversary.

There are roughly 12 funicular’s left in the UK with fewer that still function.

The Saltburn Tramway, which shut back in January 2026, reopened earlier this month.

And another one that’s set to open next year after a 10-year-closure is Folkestone’s Leas Lift which was forced to close in 2017.



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Angel City closes in on playoff spot with win over Seattle

Ally Sentnor, Ary Borges and Taylor Suarez scored in Angel City’s 3-1 victory over the Seattle Reign on Wednesday night at BMO Stadium.

In the 18th minute, Angel City midfielder Maiara Niehue’s volley attempt drew a handball on Seattle Reign midfielder Angharad James-Turner. Sentnor converted her second penalty kick in consecutive weeks to open the scoring.

Off a corner kick from defender Evelyn Shores in the 40th minute, an unmarked Borges headed it home to double the lead. Within 30 seconds of subbing on, Suarez raced past multiple defenders and placed it in the side-netting for the 3-0 lead in the 81st minute.

Defender Sofia Huerta’s long-range blast in stoppage time provided the Reign with their lone goal of the game.

Angel City (10-8-6) is unbeaten four matches unbeaten and now only trails the Reign by a point for the last spot in the playoffs. The loss ended a three-game winning streak for Seattle (11-9-4).

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Arab News | Saudi fintech barq closes $329.5m series A funding round

Saudi digital payments company barq announced the close of a series A funding round worth $329.5 million, at a valuation of $1.85 billion, marking a new milestone that reflects the growth the company has achieved since its launch. The funding round cements its position among the fastest-growing fintech companies in Saudi Arabia and the region.

The round saw participation from Noon Investments, Sohar International Bank, and M20 Fund, a step that reflects investor confidence in barq’s trajectory and future potential, and underscores the appeal of the investment opportunities emerging in the fintech sector across the Kingdom and the region.

The round follows a standout growth journey for barq, which has now surpassed 15 million users within two years, from more than 210 nationalities, alongside the expansion of its ecosystem of digital financial services and solutions — reflecting the growing demand for the company’s products and its ability to build a broad user base within a record period of time.

The value of funds processed has also surpassed SR440 billion ($117.2 billion), an indicator that reflects the scale of activity barq has achieved and the widening use of its digital financial services since launch.

Based on its valuation, barq has become one of the fastest companies in the region to reach unicorn status, and among the fastest globally within the fintech sector, reflecting the pace of growth the company has achieved within a short period since its launch.

The funding round will support barq’s next phase of growth, by strengthening operational efficiency, accelerating the development of products and services, investing in new financial and technology solutions, and expanding into new regional and international markets — contributing to delivering a more advanced and accessible digital financial experience for users.

This achievement comes at a time when Saudi Arabia’s fintech sector is undergoing exceptional development, driven by continued progress in financial and digital infrastructure, a supportive regulatory environment, the targets of Saudi Vision 2030, and the Saudi Central Bank’s efforts to advance digital payments and support innovation in financial services.

The close of the round marks a major milestone in barq’s journey, reflecting its ability to move within a short period from a phase of rapid growth to building a broad-scale digital financial platform, underpinned by a growing user base, an increasing volume of operations, and expansion ambitions aimed at strengthening its presence in the fintech sector at both the regional and international levels.

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