Councils pay more than £125m a year placing vulnerable children in illegal care homes in England

Councils pay more than £125m a year placing vulnerable children in illegal care homes in England

The Guardian •

Exclusive: Booming industry of businesses profit from shortage of beds for most at-risk childrenPrincess’s story: the case that highlights scourge of illegal care provisionCouncils are paying more than £125m a year of taxpayers’ money to place vulnerable children in illegal care homes across England, an investigation has found.The Guardian and the Bureau of Investigative Journalism (TBIJ) have unc...

Cambodia’s scam gangs; Filipino-Americans decry ‘xenophobia’ games: 7 Asia highlights

Cambodia’s scam gangs; Filipino-Americans decry ‘xenophobia’ games: 7 Asia highlights

SCMP •

We have selected seven stories from the SCMP’s coverage of Asia over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Southeast Asia’s scam gangs regroup after Cambodia’s crackdown Cambodia says it has flushed out a scam industry estimated to have stolen tens of billions of US dollars las...

Mistral AI raises record €3 billion in Samsung-led funding round

Euronews •

French artificial intelligence company Mistral AI has raised €3 billion in a round led by Samsung Electronics, nearly doubling its valuation to more than €21 billion in what the company says is the largest equity fundraising ever completed by a European technology firm.

Hong Kong reserves right to seek compensation over faulty hospital lift work

Hong Kong reserves right to seek compensation over faulty hospital lift work

SCMP •

Hong Kong authorities have reserved the right to seek compensation from contractors over faulty lift installation work that has delayed operations at Queen Mary Hospital’s new block, the development minister has said. Secretary for Development Bernadette Linn Hon-ho said on Tuesday that the main contractor, a Paul Y-Able joint venture, and lift subcontractor Anlev Elex Elevator would be required t...

Hong Kong’s first astronaut to give live space lecture to students on Wednesday

Hong Kong’s first astronaut to give live space lecture to students on Wednesday

SCMP •

First Hong Kong astronaut Lai Ka-ying will deliver a live lecture from space to students and teachers at her alma mater on Wednesday morning, with the session also broadcast to pupils across the city and in neighbouring Macau. According to an Education Bureau notice delivered to all primary and secondary schools on Tuesday, Lai, alongside her two fellow Shenzhou-23 crew members, mission commander ...

Oil price approaches $100 a barrel after Saudi oil facilities attacked; UK mortgage rates highest since June – business live

Oil price approaches $100 a barrel after Saudi oil facilities attacked; UK mortgage rates highest since June – business live

The Guardian •

Saudi authorities said operations at some energy facilities have been attacked ‌by Yemen’s Iran-aligned Houthis Gas prices are rising this morning, putting pressure on European countries who need to stock up their storage levels before the winter.The month-ahead UK gas price is up around 1% at 184p a therm, close to yesterday’s highs when gas hit its highest since January 2023. Continue reading...

To match China’s economy, India must accept its investment

To match China’s economy, India must accept its investment

SCMP •

Although President Xi Jinping and Indian Prime Minister Narendra Modi shared a brief exchange last week at the Shanghai Cooperation Organisation summit in Bishkek, Kyrgyzstan, the real action will unfold later this week at the Brics summit when Xi arrives in New Delhi with an expected delegation of 400 officials. China is one of India’s top trading partners, yet it remains unclear whether Chinese ...

Japan’s floating solar farm faced Typhoon Faxai; modules broke loose and 50 panels caught fire

Japan’s floating solar farm faced Typhoon Faxai; modules broke loose and 50 panels caught fire

Times of India •

In 2019, a severe typhoon struck Japan's largest floating solar farm, leaving it heavily damaged. This event highlighted the engineering flaws present in floating solar structures when confronted with extreme weather. Investigators identified anchor failures as the main factor contributing to the significant damage. In response, the project was restructured into smaller, more resilient floating mo...