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Yotel Plans Upscale Brand and YotelAir in City Centers as It Targets 100 Hotels: Exclusive
Yotel plans to expand from 24 properties to 100 by 2031 through new upscale and city-center hotel formats under Hilton’s management, targeting diverse market segments across Asia and beyond.
Orthodox church sends medieval prince’s remains to Russian troops in Ukraine
The Russian Orthodox Church sent a fragment of a medieval prince’s remains to troops fighting in Ukraine, stating the relic would spiritually strengthen soldiers and help secure victory.
Israel’s ties with Europe are fraying. Can its election change that?
Israel’s relationship with European allies has deteriorated significantly following the Gaza conflict, with some experts questioning whether upcoming elections will improve diplomatic ties or deepen divisions.
Fighting intensifies across Yemen as humanitarian crisis deepens
Fighting between Yemen’s government forces and Houthi fighters has intensified across multiple fronts, with over 233,000 people displaced and humanitarian conditions deteriorating rapidly.
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Global bond sell-off intensifies as US-Iran tensions stoke inflation fears
Global bond sell-offs have intensified amid US-Iran tensions and inflation concerns, pushing UK government borrowing costs to their highest level since mid-2008 ahead of the upcoming budget.
Ford’s production of highly profitable Super Duty trucks hits 20-year high as it recovers from supplier fires
Ford’s Super Duty truck production reached a 20-year high in August after recovering from aluminum supplier fires that disrupted manufacturing over the past year.
Uber announces 3,000 job cuts as part of major restructure
Uber is eliminating over 3,000 jobs globally, approximately 10% of its workforce, as part of a restructuring aimed at reducing management layers and refocusing resources on core operations.
DNB: Netherlands bank moves billions in gold to London in ‘crisis preparedness’ move
The Dutch central bank relocated 86 tonnes of gold from North America to London between March and August, citing increased geopolitical unrest and the need to strengthen crisis preparedness.
B&Q and Five Guys among firms which paid staff below minimum wage
More than 600 UK businesses have been named by the government for paying staff below minimum wage. B&Q and Five Guys are among firms ordered to repay £4m in outstanding wages and face £7m in penalties.
What it’s like to ride in Uber’s new self-driving taxis in London
Uber launched the UK’s first robotaxis in London with 15 autonomous vehicles, each with a safety driver present. The service operates at standard UberX fares, though fully driverless operations remain unlikely until 2027.
Who is Alejandro Betancourt, the colourful oil baron behind US-Venezuela oil deal?
The US has granted control of 17 Venezuelan oil fields to North American Blue Energy Partners, headed by oil baron Alejandro Betancourt López, a 46-year-old businessman with a contested track record and multiple international investigations.
Heathrow expansion ‘a risk we cannot afford to take’, says mayor
London’s mayor formally opposes Heathrow’s third runway expansion, citing threats to environmental targets and transport networks, while the airport argues it represents a major economic growth opportunity for the UK.
Housebuilder Crest Nicholson warns of annual loss in ‘subdued’ property market
British housebuilder Crest Nicholson warned of an annual operating loss of approximately £10m, citing a subdued property market with reduced sales rates and affordability constraints.
Free travel pilot scheme for young people approved
Sheffield approved a free bus and tram travel pilot for ages 5-18, running from February 2027 through September 2027 at an estimated cost of £7.6 million.
New constitution in Guinea-Bissau will undermine democracy, opponents say
Guinea-Bissau voters approved a new constitution expanding presidential powers ahead of December elections, though critics warn it undermines democratic institutions in the west African nation.
What’s really behind Trump’s deference to Putin?
A new book examines the mysterious relationship between Donald Trump and Vladimir Putin, exploring ideological alignment, authoritarian admiration, and potential compromising material as explanations for the US president’s deferential behavior toward Russia.