The demise of the UK banker bonus cap has sent pay soaring at Barclays and HSBC where the highest-paid bankers have received their biggest payouts since at least 2014. Analysis of pay documents released this month shows payouts for their most expensive staff surged more than 50% to nearly €20m (£16.6m) last year, after the…
Several wildfires were reported on Saturday in North and South Carolina, forcing evacuations. The emergency unfolded amid warnings throughout the south-east over dry and windy conditions that exacerbate wildfires. In Polk county, North Carolina, officials set up an emergency shelter as a brush fire encompassing 400 to 500 acres swept an area between the communities…
The Kremlin said on Sunday that the dramatic pivot in the foreign policy of the US “largely” coincides with its own vision, with Donald Trump described as having “common sense”. The US president, who has often said he respects his Russian counterpart Vladimir Putin, has worked to build ties with Moscow since taking office in…
Social media and technology companies would have six months to implement a suite of new measures to restrict Australian children from accessing adult content online, or face fines up to $50m, under proposed new codes developed by the industry. The draft codes, submitted to the eSafety commissioner last week for approval, would require social media…
Hazel Dukes, the president of the New York state chapter of the NAACP and lifelong civil rights advocate, died Saturday at the age of 92. Dukes peacefully passed away in her New York City home surrounded by family, her son, Ronald Dukes, said in a statement. Dukes, who led the New York state NAACP for…
Estonia’s entry for this year’s Eurovision song contest has said he never intended to offend Italy with his song that pokes fun at Italian stereotypes of coffee-drinking, spaghetti-eating mafiosi – and said he submitted the song after his grandmother cried over it. There have been calls in Italy for Tommy Cash’s catchy song, Espresso Macchiato,…
Bitcoin has recorded its largest monthly loss since June 2022, pushing it into a bear market as the euphoria over cryptocurrencies after Donald Trump’s election win faded. The price of bitcoin fell by 17.5% in February, the biggest monthly drop since June 2022, and its 11th worst month in the last decade, as negative sentiment…
President Donald Trump has signed an executive order designating English as the official language of the United States. The order on Saturday allows government agencies and organisations that receive federal funding to choose whether to continue to offer documents and services in languages other than English. It rescinds a mandate from former president Bill Clinton…
The federal Coalition says it would spend $3bn for 28 fighter jets to add a fourth squadron to the country’s F-35 fleet – but it won’t reveal where the money is coming from. The election pledge means Australia would end up with 100 of the F-35s if the Coalition wins the upcoming poll. The opposition…
Tropical Cyclone Alfred lingering off the Queensland coast will “likely” turn towards the state’s south-east later this week, the Bureau of Meteorology says. Queensland authorities have begun preparations for the possibility the that slow-moving tropical cyclone hits densely populated urban areas near Brisbane. While tracking maps are frequently changed – particularly over the longer term…
