UK steps in to save British Steel as nationalisation looms | Business and Economy News

Prime Minister Mark Carney has appointed Marc-André Blanchard, Canada's former ambassador to the United Nations, as his new chief of staff starting in July, replacing Marco Mendicino, who will continue in an interim role until early summer. Blanchard, who has a distinguished career as a diplomat and executive, previously served as Canada's UN ambassador from 2016 to 2020 and was involved in the renegotiation of the North American Free Trade Agreement. Additionally, former Liberal justice...

British foreign minister David Lammy announced that Morocco's 2007 autonomy plan for Western Sahara is the "most credible" solution to the long-standing dispute, marking a shift from the UK's previous support for self-determination. Morocco, which largely controls the territory, has gained backing for its plan from Spain, Germany, and France, while the UN maintains Western Sahara as a non-self-governing territory. Lammy emphasized the need for urgent negotiations that focus on Morocco's autonomy proposal, as the...

SummaryLiberal pro-EU candidate Rafal Trzaskowski is poised to narrowly win Poland's presidential election, securing 50.3% of the votes against conservative historian Karol Nawrocki, who garnered 49.7%, according to an exit poll. Trzaskowski, the mayor of Warsaw, has pledged to ease abortion restrictions and strengthen ties with the EU, while Nawrocki champions traditional Polish values and aligns with US conservatism and skepticism toward the EU. The final vote results are anticipated to be announced soon, with...

Missouri House Explosion Investigation Authorities in Gladstone, Missouri, are investigating a massive house explosion that occurred on Saturday morning, resulting in one death and the destruction of a single-family residence. The explosion, which was powerful enough to damage nearby homes and shatter car windows, left the body of the deceased unrecognizable, with the identity still undisclosed. Emergency crews are on the scene, battling flames and planning to demolish the remaining property once the area is...

SummaryPro-EU candidate Rafał Trzaskowski is leading in Poland’s presidential run-off vote, according to an Ipsos exit poll, with 50.3% of the votes compared to 49.7% for his rightwing opponent, Karol Nawrocki. If confirmed, this victory would enable Prime Minister Donald Tusk to advance his reform agenda and represent a setback for Donald Trump’s MAGA movement, following similar defeats for rightwing politicians in other countries. The electoral commission anticipates that final results will be available by...

Auckland FC had an impressive debut season as an expansion club in Australasian sport, marked by pivotal moments on and off the field. American billionaire Bill Foley entered the A-League licence race late but secured ownership after a rival consortium faltered, bringing with him high standards and valuable connections, including those to AFC Bournemouth. Additionally, the Warriors revitalized Mt Smart Stadium, creating a popular venue that positively influenced local perceptions, setting the stage for Auckland...