Prediction market Kalshi reached $1bn in trading volume during Super Bowl

Online prediction market Kalshi hit a daily record on Super Bowl Sunday, surpassing $1bn in trading volume, the company announced on Tuesday.Kalshi’s CEO, Tarek Mansour, called it an “incredible weekend”, telling CNBC that “Kalshi was the biggest brand of the Super Bowl this year, without running a Super Bowl ad”.Kalshi trading volume during the game was up 2,700% year over year. More than $100m were bets on Bad Bunny’s opening song and $45m on which artists would perform with him on stage. In comparison, the platform saw $27m in total trading volume at last year’s Super Bowl

Honeymoon period for new BP boss won’t last long

The clearing of the decks continues apace at BP. The last chief executive, Murray Auchincloss, got the heave-ho in December. Last month brought news of hefty write-downs on the troublesome low-carbon energy assets in solar and biogas. Now comes an admission that the current debt-reduction measures aren’t enough to ease the strain on an over-extended balance sheet. Share buy-backs are being suspended

UK sleepwalking into joblessness epidemic, Tesco boss warns

The UK is “sleepwalking into a quiet epidemic” of joblessness with millions of people out of work and on benefits, the boss of the nation’s biggest supermarket chain has warned.Ashwin Prasad, who runs the UK arm of Tesco, said he believed far fewer people were in work than should be and that taxpayers were spending “an ever increasing proportion of our national income on out-of-work benefits”.The rate of unemployment sat at a four-year high of 5.1%, according to official data released last month.Prasad, who took the role of UK chief executive last year, said there had been a “clear, gradual change” over the last decade of people falling out of work

Barclays boss ‘shocked’ by Epstein revelations; BP annual profits slump 16% – as it happened

The chief executive of Barclays has said he is “deeply dismayed and shocked” at the “depravity and the corruption” revealed in the Epstein files, as the bank deals with the fallout of its ex-boss Jes Staley’s ties to the convicted child sex offender.In his first public comments on the matter since the US Department of Justice began publishing documents related to Jeffrey Epstein in December, CS Venkatakrishnan said his thoughts went out to the victims of Epstein, who died in jail in 2019 while awaiting child sex trafficking charges. He said:I’m very, very deeply dismayed and shocked by the moral depravity and the corruption that you’re reading about in the latest set of instalments. You know, my heart really goes out to victims of this scandal and these crimes.However, the Barclays boss – speaking as the bank reported annual profits – stopped short of commenting directly on allegations against his predecessor, Staley

AstraZeneca CEO hails NHS drug price deal but keeps pause on £200m UK investment

The boss of Britain’s biggest pharmaceutical company has said the government’s recent drug pricing deal is a “very positive step” but is unlikely to unfreeze a paused £200m investment in Cambridge.AstraZeneca’s chief executive, Pascal Soriot, suggested that a UK-US deal on NHS pricing agreed in December would not be “sufficient” to restart the project to build a research site in the east of England, which was paused in September.Soriot, who has rebuilt the company’s drugs pipeline since 2012 and turned it into the UK’s most valuable listed business, also described the US as “the most attractive market in the world”.During Keir Starmer’s visit to Beijing two weeks ago, AstraZeneca announced $15bn (£11bn) of investments in China, its second-biggest market, and is also pouring $50bn into US factories and labs by 2030.The British drugmaker listed its shares in New York and they began trading on 2 February, but it kept its main stock listing in London

Barclays CEO ‘shocked’ by Epstein revelations as bank deals with Staley fallout

The chief executive of Barclays has said he is “deeply dismayed and shocked” at the “depravity and the corruption” revealed in the Epstein files, as the bank deals with the fallout of its ex-boss Jes Staley’s ties to the convicted child sex offender.In his first public comments on the matter since the US Department of Justice began publishing documents related to Jeffrey Epstein in December, CS Venkatakrishnan said his thoughts went out to the victims of Epstein, who died in jail in 2019 while awaiting child sex trafficking charges.“I’m very, very deeply dismayed and shocked by the moral depravity and the corruption that you’re reading about in the latest set of instalments. You know, my heart really goes out to victims of this scandal and these crimes,” he said.However, the Barclays boss – speaking as the bank reported annual profits – stopped short of commenting directly on allegations against his predecessor, Staley

UK backs biggest English onshore windfarm in a decade among 190 green energy projects

The largest onshore windfarm in England in a decade has been awarded a government subsidy among 190 contracts for renewable energy projects, as Labour attempts to hit a goal of creating a virtually zero carbon power grid within four years.The government said it would offer contracts to a record number of solar projects alongside support for onshore windfarms including the huge Imerys project near St Austell in Cornwall.The project will be the largest to be built in England since Labour lifted an almost decade-long de facto ban on new onshore windfarms after returning to power in 2024.The ban caused England’s onshore wind industry to collapse, and the Imerys project – developed by Clean Earth Energy – at 20 megawatts is dwarfed by many Scottish onshore windfarms that won contracts in the latest auction, the largest of which is 186 MW.It will generate a fraction of the electricity of the 480MW West Burton solar farm, which also won a contract in the auction and will be the largest solar project ever supported by the UK government

BT replaces Openreach boss in latest management shake-up

The head of BT’s infrastructure arm, Openreach, is to step down after nearly a decade, having almost completed a £12bn rollout of full fibre broadband to 25m homes.Clive Selley, who was tasked by the former BT chief Philip Jansen to “build like fury” to address the UK’s status as global laggard in the introduction of high-speed broadband, will become the boss of BT’s international division.Selley is being replaced by his deputy, Katie Milligan, who will decide on whether to further expand the fibre network to 30m homes by 2030.The change in management is the latest in a shake-up by Allison Kirkby, BT’s first female boss, who has changed 10 of the 11 members of the telecoms group’s executive committee since she took over in February 2024.After joining in 2016, Selley was tasked with upgrading the ageing Openreach network, which provides broadband across the UK, to full fibre

BP halts share buy-backs as annual profits slide

BP has halted share buybacks after reporting weaker annual profits as it prepares to continue a plan to resuscitate its fortunes under a new chief executive.The company became the first large oil company to suspend its buybacks after its underlying earnings fell to just below $7.5bn (£5.5bn) for 2025, down from almost $9bn for 2024.Oil companies have reported weaker profits over the last year after global prices fell for a third consecutive year and at the steepest rate since the Covid pandemic

Telstra joint venture to axe more than 200 jobs amid AI rollout

More than 200 Telstra jobs are expected to be cut, as the telco rolls out AI capabilities and sends some jobs to India.Telstra and the technology consultancy Accenture announced a $700m joint venture (JV) in 2025 to drive efficiency, modernisation and productivity.A JV spokesperson confirmed on Tuesday that the team had been notified “about proposed changes to its workforce, including reducing roles where work is no longer needed, and moving some work to the JV team in India”.If the changes proceed, the spokesperson said, affected team members would be helped to find new jobs either at Telstra or at Accenture, or have “access to our leading career transition program and retrenchment benefits”.Sign up: AU Breaking News email“These changes would see the JV use Accenture’s global capabilities, advanced AI expertise and specialist hub in India to deliver Telstra’s data and AI roadmap more quickly

Europeans shunning US as Emirates and Asia travel prove popular, says Tui

Europeans are booking fewer trips to the US, Europe’s biggest travel operator has said, as appetite for long-haul travel wanes and concerns linger around Donald Trump’s immigration policies.Tui, which receives most of its bookings from customers in Europe, has seen “significantly lower demand” for travel into the US, according to its chief executive, Sebastian Ebel.“What we do see is growing business to the Emirates and Asia,” he said. “We also see European demand to the Caribbean, which – due to capacity – had not been the biggest priority in the past, but there we see now potential again to grow.”It comes amid signs that demand for long-haul travel across the Atlantic is waning

NatWest is chasing the mass affluent wallet. So is everyone else | Nils Pratley

Announce a £2.7bn acquisition and watch your stock market value fall by £3.1bn.NatWest picked a bad day to announce its big move in the fashionable field of “wealth management” – the noise from Westminster created a poor backdrop for UK assets such as gilts and domestic banks. But the main problem with its Evelyn Partners deal is that it is very much of the “one for the long term” variety

Georgina Hayden’s quick and easy recipe for creamy chicken and mustard fricassee | Quick and easy

This is a one-pan dinner at its finest: elegant and full of flavour, something that feels as if it has taken more effort and time than it actually has, and versatile in its finish – serve with creamy mash, fluffy rice, boiled potatoes; even hunks of fresh baguette would be wonderful for mopping up the creamy mustard sauce. I use whatever veg is in season: purple sprouting broccoli is at its best right now, but you could add stalks of rainbow chard, shredded cavolo nero, even halved baby carrots. Play around with whatever veg you have and love.If you can’t find mustard powder, feel free to use your mustard of choice – wholegrain would work well here.Prep 5 min Cook 30 min Serves 44 skin-on chicken breasts (about 160g each)Sea salt and black pepper 2 tsp English mustard powder 1 tbsp olive oil 200g purple sprouting broccoli 30g unsalted butter 4 garlic cloves, peeled and finely sliced1 tsp dried oregano 1 tsp aleppo pepper 2½ tbsp plain flour 125ml dry white wine 500ml chicken stock 200ml single creamPut the chicken breasts on a deep plate and season generously

Red lentils, and lamb and barley: Ilhan Mohamed Abdi’s soup recipes for Iftar

There is nothing quite like that first bite after a long day of fasting. It’s quiet, intentional and deeply comforting. The stillness just before sunset gives way to movement – the table being laid, the clinking of glasses, the pause as everyone waits for the call to prayer. Then, with a date in hand and water on the tongue, the fast is broken. That moment never loses its meaning, no matter how many times you experience it

RecipeTin Eats founder farewells Dozer the golden retriever: ‘I will love you and miss you forever’

Nagi Maehashi, the celebrated cook behind RecipeTin Eats, has announced the death of her beloved canine companion, Dozer, on Sunday, saying the cover star of her bestselling cookbooks would be missed “forever”.Dozer, a golden retriever, was Maehashi’s supporting star on her hyper-popular cooking blog and featured in many images and stories in her two books: Tonight and Dinner. Dinner was released in 2023, and became the fastest-selling cookbook in Australian publishing history. Maehashi’s blog receives more than 500 million hits each year.On social media, Maehashi said Dozer, who was 13, was hospitalised at the vet in January with a lung infection, which was complicated by his older age and existing medical conditions

How to cook the perfect brigadeiros for Valentine’s Day – recipe | Felicity Cloake's How to cook the perfect …

If you’re not au fait with these soft, chocolatey treats, you clearly haven’t spent much time in Brazil, where, in the words of blogger Olivia Mesquita, they’re national treasures, “a must-have at special celebrations, from kids’ parties to weddings”. As content creator Camila Hurst puts it, “It’s basically not a party without them.” Quick and simple to make from everyday ingredients, they’re also an ideal last-minute gift for someone you love.Older recipes tend to call for hot chocolate powder, but plain cocoa powder makes for a less intensely sweet result. Mesquita’s book, Authentic Brazilian Home Cooking, uses dark chocolate, and TV chef Leticia Moreinos Schwartz suggests combining the two

Cylla, Birmingham: ‘Maybe the best potato side dish being served in the UK today’ – restaurant review | Grace Dent on restaurants

Punchy cocktails and roaringly traditional Greek food in the heart of BirminghamCylla, a classy Greek restaurant on Newhall Street, Birmingham, draws inspiration, it says, from Scylla, the legendary Greek man-eating sea monster that lives close to the whirlpools of Charybdis. She’s a beautiful woman, but has six dog heads, all grumpy and snarling, as well as a serpent’s tail.If Scylla herself were ever to turn up at Cylla, dogs’ heads barking and tail flapping, they’d have to seat her in one of the gorgeous private booths at the front as you enter the room. These are the spots to grab if you want a little privacy, which is why we eschewed the long, prettily lit cocktail bar and headed straight to this cosy hidey-hole for a round of Poseidon’s Wrath. “It’s a bit like a dirty martini,” explained our server, who was one of those warm, bright, commanding, knowledgable souls who, in a hospitality setting, is worth her weight in drachma

Spice up your life! 17 soups with a kick – from chicken curry laksa to roast pumpkin

Technically, many soups are spiced in some way, even if it’s just with pepper. But we all know what is meant by a spiced soup: something with a jolt to it, and a bit of heat to warm up a winter evening. When it comes to soup, spice is the ultimate companion to a main ingredient that may otherwise be considered boring or bland. In this sense, the spices are the most important component: they are what the soup will taste of.But which spices go with which ingredients, and how? Here are 17 different recipes to help you figure that out

Helen Goh’s recipe for Valentine’s chocolate pots de creme for two | The sweet spot

These chocolate pots are dark, silken and softly bitter, with enough richness to feel a little decadent, but not heavy. Make one to share or two individual ones, depending on your mood. They can be made ahead, anywhere from an hour to a full day in advance, and will keep happily in the fridge. If they’ve been chilled for more than a couple of hours, let them sit at room temperature for about 20 minutes before serving. They should feel cool against the spoon, but not fridge-cold, which dulls their luxurious texture

Craft beer has gone stale: let’s hear it for age-old favourites | Richard Godwin

The writer Vladimir Nabokov was extremely particular when it came to language, and rather more basic when it came to sustenance: “My habits are simple, my tastes banal,” he once told an interviewer. “I would not exchange my favourite fare (bacon and eggs, beer) for the most misspelt menu in the world.”I’ve often thought of this as I’ve perused misspelt beer menus over the years, wondering what Nabokov would make of all the hazy dubble IPAs and triple brown mocha porters, because, over the course of what we might have to label the “craft era”, beer has become anything but simple. You may well have lamented this, too, especially if you’ve ever been cornered by an enthusiast at a party. India pale ale (IPA), for example, which was once a distinctly British style of ale designed for export, has, in the hands of American craft brewers, become a sort of standard-bearer for complicated beer: aggressively hopped, often startlingly bitter and/or sour, and redolent of a bygone era of millennial hipster striving

What a ​four-​year-​old ​taught ​us ​about the ​magic of ​baking​ a chocolate ​cake

Valentine’s is on the horizon, which means we are about to officially enter chocolate cake season – that soft-focus part of winter when confectionery and romance blur together. For our four-year-old goddaughter, it is always that time of year. Just hearing the two words together makes her roll her eyes and roll out her little tongue in anticipation of pleasure, like a cartoon kid. When we told her we would come and bake a chocolate cake with her, there were squeals of joy.Settling on a recipe was the first challenge – Ravneet Gill’s fudgy one, Felicity Cloake’s perfect one and Benjamina Ebuehi’s traybaked one were all contenders

Rachel Roddy’s recipe for pork ragu with herbs (for gnocchi or pasta) | A kitchen in Rome

It’s 10.30am and steam carrying the smell of onions, beans, cabbage and braised meat escapes from the kitchen in the corner of box 37 on Testaccio market. In the small kitchen is Leonardo Cioni, a tall chef from San Giovanni Valdarno, midway between Florence and Arezzo, who, for the past three-and-a-half years, has run box 37 as Sicché Roba Toscana, which roughly translates as “therefore Tuscan stuff”. The escaping steam is effective advertising, leading eyes to the blackboard above the counter to discover exactly what is going on in the back.Always on the menu is lampredotto

Rich plums and ripe tomatoes: Australia’s best-value fruit and veg for February

Tomatoes ripe for cooking, cheap watermelon and cucumbers for $2 a piece – but it’s the final call for apricots, cherries and mangoesGet our weekend culture and lifestyle emailJuicy watermelon, deep-purple plums and ripe roma tomatoes are some of the vibrant fruit and veg highlights this month, says Graham Gee, senior buyer at the Happy Apple in Melbourne.“Tomatoes are plentiful, in particular the saucing varieties,” he says. “Roma varieties are sold nice and ripe, ready to make passata.” Cooking tomatoes are roughly $2 a kilo at the Happy Apple, with Australian field tomatoes going for about $5 a kilo in supermarkets.Watermelon is “very cheap”, says Michael Hsu, operational manager at Sydney’s Panetta Mercato

How to make moreish cookies from store-cupboard odds and ends – recipe | Waste not

I often eat a bag of salty crisps at the same time as a chewy chocolate bar, alternating bite for bite between the two, because the extreme contrast of salt from the chips and the sweetness of the chocolate fire off each other and create an endorphin rush. The same goes for these cookies, adapted from a recipe by Christina Tosi at New York’s legendary Milk Bar.Christina Tosi writes in Gourmet Traveller Australia how she first learned to make these cookies at a conference centre on Star Island, New England, where they’d bake them each week with a hodge-podge of different ingredients. Being on an island, they didn’t always have access to what they wanted, so they had to come up with a new recipe every week using whatever they had. In the spirit of the recipe’s origins, I’ve adapted Tosi’s recipe for the UK, and made it flexible, so you can raid your own store-cupboards and adapt and invent your own version from it