The American Express Times
Tuesday, September 29, 2026
Five terror plot suspects bailed as UK military security steps up
Five British men were released on bail after being arrested on suspicion of planning a terror attack near RAF Fairford, a key U.S. Air Force base in Gloucestershire linked to Middle East operations. The case underscores ongoing concerns about Iran-backed threats on UK soil and has prompted a high-level government response to reinforce security around…
★ Featured Stories
25 years on, mum’s bid to find attacker
Clare Carmichael, who was brutally attacked 25 years ago in Herefordshire and left with lifelong disabilities, has renewed her appeal for information to identify her…
Avanti West Coast to be nationalised in spring
The British government will nationalize Avanti West Coast on March 7, ending its private franchise due to ongoing service reliability problems. This shift aims to…
Dubai Basketball ready for Barcelona
Dubai Basketball will host FC Barcelona at Coca-Cola Arena on Friday as part of their 2026/27 EuroLeague season, following a narrow win over Real Madrid.…
How to Gently Move Your Dog From Your Bed
Many pet owners successfully transition their dogs to sleep outside the bedroom by using consistent training, positive reinforcement, and providing ample daytime exercise and mental…
★ All Stories
In limbo: Private equity struggles to honour pact with investors
Private equity firms are struggling to meet their capital return promises to institutional investors due to prolonged market uncertainty, rising interest rates, and a slowdown…
Meta launches enterprise AI tools business
Meta Platforms Inc. has launched a new business unit, Meta Enterprise Platform, led by MongoDB CEO Chirantan Desai, to offer AI tools and services tailored…
Glencore challenges £264mn tax bill
Glencore is challenging a £264 million diverted profits tax demand from HMRC, arguing that the UK tax authority missed the legal deadline for issuing the…
Elliott urges Northern Star to engage with rejected suitor Gold Fields
Northern Star Resources Ltd. has rejected a A$39 billion takeover bid from Gold Fields Ltd., stating the offer undervalues its assets and poses risks to…
Autumn Is Here: Ditch the Sunscreen?
Dermatologists warn that UVA radiation, which contributes to skin aging and cancer risk, remains steady year-round and can penetrate windows, making sunscreen use necessary even…
Unison chief condemns social care reform delay
Unison general secretary Andrea Egan has condemned Labour leader Andy Burnham for delaying concrete social care reforms until after the 2029 general election, stressing the…
London turns from golden goose to property market’s black sheep
London's housing market has entered a prolonged decline, with property prices falling for eleven consecutive months and buyer interest dropping amid rising mortgage rates and…
Putin forces businesses to foot bill for drone defences
Russian President Vladimir Putin has mandated that businesses take greater responsibility for defending their critical infrastructure against Ukrainian drone attacks, with companies failing to comply…
Colombia’s new hardline leader tested on security
Colombia’s new president Abelardo de la Espriella has deployed 1,100 troops to Santa Marta following violent attacks by the criminal group Autodefensas Conquistadoras de la…
Nvidia’s board approves US record $150bn share buyback
Nvidia’s board has authorized a $150 billion increase to its share buyback program, bringing the total to $235 billion and setting a new U.S. corporate…
America’s post-Enron auditor reforms about to be watered down
The SEC has proposed loosening Sarbanes-Oxley Act auditor attestation requirements for public companies with market capitalizations under $2 billion and for new public firms within…
Evonik rejects €10.3bn offer from bigger rival BASF
Evonik has rejected a €10.3 billion bid from BASF, declining to enter formal negotiations or allow due diligence despite the offer’s nearly 29 percent premium…
Armani sets up stake sale talks with suitors
Armani is set to begin formal talks with LVMH, L’Oréal, and EssilorLuxottica about selling a minority stake, as directed by the late Giorgio Armani’s will.…
Burford in line for potential $1.4bn after Apple verdict
Litigation finance company Burford Capital stands to gain up to $1.4 billion after a San Diego jury awarded $5.7 billion in damages to Taction Technology…
MFS owner blames Barclays for collapse amid allegations he misappropriated at least £1.3bn
Paresh Raja, founder of Market Financial Solutions, denied accusations of misappropriating £1.3 billion and blamed Barclays for freezing £145 million of the company's funds, which…
Post-Covid inactivity was much lower than thought, ONS says
The UK’s Office for National Statistics has found that the post-Covid drop in workforce participation, especially among older workers, was less severe than previously reported…
Stormont risks having budget imposed by Westminster as deadline looms
The UK government has offered Northern Ireland’s power-sharing executive a £1.5 billion budget package over three years but warned that failure to agree could lead…
Seoul says Kyiv violated secrecy pact on North Korean soldiers
Ukraine transferred two captured North Korean soldiers to South Korea, prompting Seoul to accuse Kyiv of violating a confidentiality agreement that Ukraine denies. The dispute…
China relishes equal treatment from Trump during Xi visit
Chinese President Xi Jinping’s visit to Washington resulted in a two-month extension of the trade war truce and a new tariff framework reducing duties on…
Erdoğan meets most likely successor to Merz
Turkish President Recep Tayyip Erdoğan met with Hendrik Wüst, premier of North Rhine-Westphalia and a leading candidate to succeed Germany’s chancellor, to discuss economic cooperation…
Medicines run short in Iran amid war and US blockade
Pharmacists in Iran are facing severe shortages of about 60 critical medicines due to a US-led naval blockade, air transport restrictions, and financial sanctions that…
SpaceX’s Starship rocket reaches orbit despite engine failure
SpaceX’s Starship rocket achieved its first successful orbital flight on September 28, deploying 26 new Starlink satellites after overcoming an engine shutdown and completing a…
Rich raise loans on their PE holdings
High-net-worth individuals and family offices are increasingly borrowing against their private equity holdings through net asset value (NAV) lending to access liquidity without selling assets…
Tata scion hits back in forced listing battle
Tata Trusts has proposed merging Tata Sons with two subsidiaries to restructure the holding company and avoid a mandatory public listing ordered by the Reserve…
GM warns on stiff competition in US as global rivals seek ‘safe haven’ from Chinese brands
General Motors is preparing for increased competition in the U.S. automotive market as more international companies seek refuge from challenges posed by Chinese manufacturers. GM's…
Homes boost: Help for buyers plan lifts shares in builders
The UK government has launched a new Help to Buy scheme called “Your First Home,” offering first-time buyers a 20 percent equity loan with a…
Auto parts giant Nidec’s shares slide 18% on report of $6.4bn impairment charge
Nidec announced a ¥1 trillion ($6.4 billion) impairment charge linked to a major accounting scandal, causing its shares to drop sharply and prompting potential leadership…
What ‘Choosin’ Texas’ tells us about social care
Greater Manchester Mayor Andy Burnham has highlighted similarities between the US healthcare system and England’s social care framework, emphasizing that both impose heavy financial burdens…
Investing for the future should not just be for the wealthy
Hargreaves Lansdown CEO Matt Benchere urged expanding access to investing among individuals to boost Britain’s long-term economic growth. He highlighted that increasing public participation in…
When technology solves problems we don’t have
A recent article criticized the emergence of complex high-tech consumer products like an advanced smart toothbrush, arguing that they address non-existent problems and come with…
TV series shows UK is woefully unprepared for war
A recent TV drama depicting a fictional conflict between the UK and Russia has sparked renewed discussion about Britain's military weaknesses, highlighting shortages in key…
Mohamed takes a train ride ahead of Etihad Rail launch
President Sheikh Mohamed Bin Zayed Al Nahyan traveled on an Etihad Rail train from Abu Dhabi to Dubai to mark the official launch of the…
18 days to 2 hours: Agentic AI to slash pretrial case review time
The UAE Ministry of Justice introduced new AI tools, including the Agentic AI system, that can reduce pretrial case review times from 18 days to…
Warning signs an irresistible iPhone 18 deal could be a scam
Cybercriminals are exploiting the launch of the iPhone 18 by creating fake online stores and scam offers to steal money and personal information from buyers,…
Foreign investors scoop up Panama’s bonds in bet on economic expansion
Foreign investors have increased their purchases of Panama’s government bonds, leading to a significant drop in borrowing costs and signaling renewed confidence in the country’s…
‘The artist’s job is to be the trickster’
London’s Royal Academy is featuring Nicole Eisenman’s 8.3-metre sculpture “Stack,” which contrasts with a traditional 19th-century statue by presenting a contemporary, grounded vision of the…
Private equity’s patience must create value
Private equity investors are concerned as slower cash returns raise questions about value creation during prolonged holding periods. Experts stress that the industry's success depends…