News

Magazine archive
Laundryheap ramps up global expansion with four new market launches

On-demand laundry and dry-cleaning platform Laundryheap has accelerated its international growth strategy with launches in four new markets: Colombia, Mexico, Malaysia and Scotland. The latest expansion sees the company enter Bogotá, Mexico City, Kuala Lumpur and Edinburgh, taking its total footprint to 28 cities across 16 countries. Existing markets include the United States, Singapore, the Netherlands, the UK, the UAE and France, with further launches planned throughout 2026. Founded by Deyan Dimitrov, Laundryheap positions itself...

Why Expense Policies Fail: A Deep Dive Into Workplace Psychology

In their most simple forms, expense policies are designed to control costs, ensure fairness and reduce financial risk. On paper, most organisations already have these documents in place, often reviewed annually and signed off by finance and HR teams. In theory, they should provide clarity and consistency. In practice, however, many expense policies fail to deliver the control they promised at the offset. Spend becomes unpredictable, enforcement slips into inconsistency, and finance teams are left...

Rolls-Royce warns UltraFan production could shift overseas without UK backing

Rolls-Royce has signalled it could manufacture its next-generation UltraFan engine outside Britain unless the government provides financial support, raising fresh questions about the UK’s commitment to its aerospace industrial strategy. The FTSE 100 engineering group, led by chief executive Tufan Erginbilgic, is seeking to re-enter the highly lucrative market for narrowbody, single-aisle aircraft engines, the fastest-growing segment of global civil aviation. However, it says industrialising the UltraFan platform for this market will require public backing,...

IAG unveils €1.5bn share buyback after record profits at British Airways owner

The owner of British Airways has launched a fresh €1.5 billion share buyback after reporting record annual profits, underlining the scale of the post-pandemic turnaround in the airline industry. International Airlines Group (IAG), which also owns British Airways, Iberia, Aer Lingus and Vueling, reported a 22 per cent rise in profit after tax to €3.34 billion for 2025. Group revenues climbed 3.5 per cent to €33.2 billion, despite passenger numbers edging down slightly to 121.5...

Pakistan declares ‘open war’ on Afghanistan in response to Taliban’s retaliatory strikes

Pakistan’s defense minister declared an ‘open war’ with Afghanistan on Friday after the two sides exchanged heavy fire along their shared border on Thursday, according to multiple reports. Defense Minister Khawaja Mohammad Asif said in a post on X that Pakistan had hoped the Taliban would bring stability after NATO’s withdrawal, but instead accused the group of turning Afghanistan ‘into a colony of India’ and ‘exporting terrorism.’ ‘Our patience has now run out. Now it...

Taliban unleash ‘extensive’ offensive on Pakistan as deadly border strikes erupt

Afghanistan and Pakistan exchanged significant cross-border fire Thursday in an escalation of hostilities along their shared border, according to multiple reports. The clashes came after the Taliban said it launched retaliatory strikes on Pakistani military positions, while Islamabad said it was responding to unprovoked fire in the area. Reuters reported that both forces clashed for more than two hours along their roughly 2,600-kilometer (1,615-mile) border, threatening a ceasefire that had been agreed to in 2025...

Kennedy warns ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

A Senate Republican warned Thursday that Ayatollah Ali Khamenei’s primary focus is shedding American blood as U.S.-Iran relations continue to simmer.  ‘The ayatollah not only thinks that I’m going to hell because I don’t agree with his religion — he wants to kill me,’ Sen. John Kennedy, R-La., said on the Senate floor Thursday. ‘He wants to kill Americans and the Israelis and anybody who does not believe in his jihad and drink our blood...

Kennedy warns Ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

A Senate Republican warned Thursday that Ayatollah Ali Khamenei’s primary focus is shedding American blood as U.S.-Iran relations continue to simmer.  ‘The Ayatollah not only thinks that I’m going to hell because I don’t agree with his religion — he wants to kill me,’ Sen. John Kennedy, R-La., said on the Senate floor Thursday. ‘He wants to kill Americans and the Israelis and anybody who does not believe in his jihad and drink our blood...

Hillary Clinton comes out swinging after GOP grilled her during marathon Epstein deposition

Former Secretary of State Hillary Clinton wasted no time criticizing Republicans after she emerged from a roughly six-hour grilling in the House Oversight Committee’s Jeffrey Epstein probe Thursday evening. Clinton told reporters she answered questions ‘repetitively, literally over and over again’ after blasting Republicans for holding a closed-door deposition instead of a public hearing. She said, however, that she would not testify again if there was a public hearing, telling reporters, ‘They had a chance...

Trump’s Greenland push drives Danish prime minister to call early election

Denmark will head to the polls March 24 after Prime Minister Mette Frederiksen called a snap parliamentary election, a move widely viewed as an attempt to consolidate rising public support tied to her handling of tensions with President Donald Trump over Greenland. Frederiksen announced the early vote Wednesday, arguing Denmark needs political clarity at a time of mounting geopolitical pressure. According to Reuters, she said the country faces ‘a serious foreign policy situation,’ adding voters...