JD Sports Profit Falls, Closes 24 UK Stores
JD Sports Fashion reports a 6.4% profit decline and 24 store closures in the UK, citing weak consumer demand and uncertainty from the Iran war. Global sales rose 2.1% to £12.66bn.
JD Sports Fashion reports a 6.4% profit decline and 24 store closures in the UK, citing weak consumer demand and uncertainty from the Iran war. Global sales rose 2.1% to £12.66bn.
Federal authorities arrested 18 people in a crackdown on drug trafficking in MacArthur Park, targeting fentanyl and methamphetamine distribution linked to gangs.
Despite public outrage over the death of homeless non-resident Bikram Lama, Australia's crisis support system remains inaccessible to many, highlighting systemic failures.
Gas companies must reserve 20% of exports for domestic use from 2027, while Victoria approves a new gasfield project amid environmental concerns.
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RecommendedA 26-year-old Australian earning $90k reveals the 'humiliating' reality of living with parents, sparking debate on housing affordability for singles.
Shell's quarterly profit surged to £5.1bn, more than doubling from the previous quarter, driven by higher oil and gas prices amid the Iran war. Critics highlight soaring household bills.
More than 100 flights from UK airports cancelled in May due to surging jet fuel prices, with June also seeing reductions. Airlines consolidate to save fuel.
Giulio Pellizzari, 22, emerges as a top contender for the Giro d'Italia, aiming to end Italy's decade-long drought. Can he challenge favourite Jonas Vingegaard?
A German tourist won £850 after his family couldn't find sun loungers due to towel reservations. The court ruled the holiday package was 'defective'.
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RecommendedThe Great Resignation is over as AI fears keep workers in jobs. But a new wave of 'super quitters' is saving aggressively to fund mid-career pivots away from automation.
Liverpool face a crucial summer rebuild after a disappointing title defence. Our squad review assesses who should stay, go, or be loaned out.
Seven Australian banks have cut interest rates, bucking the trend as the RBA hikes rates. Homeowners brace for third mortgage increase, with variable rates set to rise.
Declan Rice demands Arsenal win all remaining games to secure Premier League title, while Jakub Kiwior completes permanent £19m move to Porto after loan spell.
The Albanese government announces a scheme requiring east coast gas producers to reserve a portion of output for domestic use from July 2025, aiming to prevent shortages and reduce prices.
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RecommendedAsian markets jumped as investors bet on a US-Iran deal to reopen the Strait of Hormuz, with oil prices holding above $100 a barrel amid global rally.
A landlord warns he will raise rent by $370 weekly if negative gearing is abolished in the federal budget, sparking debate on housing affordability.
Reactions to billionaire Ted Turner's death at 87 highlight his impact on sports, including owning the Atlanta Braves, managing a game in 1977, and winning the America's Cup.
A participant died from a medical emergency during the Cocodona 250 ultramarathon in Arizona. The race continued in the runner's honor amid safety concerns.
A Labour-linked think tank warns the Iran conflict could push UK inflation to 5.8% and cost the Treasury £8bn annually, proposing speed limits and energy caps.
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RecommendedThe IPPR warns the Iran war could cost the UK £8bn via higher borrowing costs and taxes, urging lower speed limits and a £2,000 energy price cap to curb inflation.
IPPR modelling warns inflation could hit 5.8% and cost Treasury £8bn yearly if Iran conflict continues. Proposes lower speed limits, energy price cap, and fuel duty cut.
Australia commits over $10bn to boost fuel reserves amid Middle East conflict, but environmentalists argue it misses opportunity to transition to renewables.
A new report reveals US cities require $4.6 trillion to achieve world-class public transit, highlighting stark disparities with European and Asian counterparts.
The WNBA's new collective bargaining agreement dramatically increases salaries, with minimum pay rising from $66,000 to $270,000, transforming players' lives and future planning.
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RecommendedMoana Pasifika's collapse and a $240m NRL war-chest threaten Pacific rugby. China's growing influence via rugby diplomacy adds pressure on Samoa, Tonga, and Fiji.
A report to the UN claims cutting debt servicing for poorer countries could free up $900bn yearly for development, as G77 nations spend $8tn annually on repayments.
Airlines and other service sector firms are increasingly using fuel surcharges to cover soaring costs, as a survey shows businesses raised prices at the fastest rate in three years.
Adrian Chiles reflects on his lifelong struggle with paperwork, envying a friend who bins everything, and concludes that drastic action is needed to overcome the chaos of filing.
Trainline reports profits up 43% to £122m but expects flat or declining revenues due to Middle East geopolitical tensions affecting inbound air traffic to Europe.
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RecommendedA participant in the Cocodona 250 ultramarathon in Arizona died after a serious medical emergency. The race continues in the runner's honor.