US Mortgage Rates Dip to 6.01%, Lowest Since 2022

The average long-term US mortgage rate has fallen to 6.01%, its lowest level in over three years, but remains stuck in a narrow range around 6%. Despite this decline, home sales continue to struggle, with pending sales dropping and affordability issues li

Nepal Endorses Stricter Rules for Mount Everest Climbers

Nepal's National Assembly has unanimously passed a new tourism bill imposing stricter rules for Mount Everest climbers, including prior high-altitude experience and health checks, to enhance safety and environmental protection.

IKEA to Open 10 New US Stores in 2026 Expansion Drive

Swedish furniture giant IKEA plans to open 10 new stores across the United States in 2026, expanding its presence in key markets like Texas and California. The move follows a successful 2025 with 14 store openings.

Centrica Boss Gets £3.6m Bonuses as Profits Halve

British Gas owner Centrica awarded CEO Chris O'Shea £3.6 million in bonuses and share awards for 2025, despite underlying earnings plunging from £1.55 billion to £814 million. The payouts come after shareholder rebellion and warm weather impacts.

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