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Iron will: Australia’s richest person counts the cost as court orders she share mining millions with rival family

Gina Rinehart, who’s been called Australia’s ‘female Donald Trump’, has long fought claims from the family of her father’s business partner – as well as her own childrenFull Story podcast: How Gina Rinehart lost hundreds of millions of dollars in courtAustralia’s richest person is reeling after a landmark court decision found her company must pay royalties worth hundreds of millions of dollars to a rival mining dynasty.Gina Rinehart, a multibillionaire with political connections in both the White House and the Australian parliament, has been described by members of the US conservative movement as “a female Donald Trump”. The 72-year-old, who inherited her father’s iron ore empire in Australia’s Pilbara region, has fought multiple claims against the family company Hancock Prospecting that were first launched in 2010.On Wednesday, in the Western Australian supreme court, Justice Jennifer Smith found that Wright Prospecting was entitled to its claim for a half share of royalties coming from one of the region’s largest projects – Hope Downs.Hope Downs is a joint venture between Rio Tinto and Hancock Prospecting and exports about 45m tonnes of iron ore annually from Australia’s north-west each year

about 6 hours ago
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Rachel Reeves to raise windfall tax on low-carbon electricity generators

Rachel Reeves is poised to raise the government’s windfall tax on low-carbon electricity generators to help limit UK household energy bills, the Guardian understands.The chancellor is ready to hike the levy introduced in 2022 to target the excess profits made by the owners of older renewable energy and nuclear plants as electricity market prices soared after Russia’s full-scale invasion of Ukraine.She could announce the plans to raise the so-called electricity generator levy as early as Tuesday, alongside a consultation on “radical” proposals to permanently weaken the link between soaring gas market prices and the cost of Britain’s electricity for the long term.Executives across the industry have been told to expect contact from officials on Monday to set out the government’s determination that electricity costs should be protected from the surge in gas markets and be set more often by cheaper renewable sources.Currently, the overall price is set by the most expensive source of power, which is usually gas power plants

about 14 hours ago
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Kenyan firm sacks more than 1,000 workers after losing Meta contract

More than 1,000 low-paid workers in Kenya have been abruptly sacked by an outsourcing company contracted by Meta, in what activists said was a shocking move exposing the precariousness of tech jobs in the global south.Sama, a company based in Nairobi to which Meta outsourced content moderation and AI training work, announced on Thursday that the workers were being laid off after Meta terminated a contract.Last month reports said some Kenyan workers involved in data annotation were asked to view content filmed using Meta’s AI smart glasses showing wearers using the toilet or having sex.The sacked workers, many involved in AI training, have been given six days’ notice, according to the Oversight Lab, an organisation that advocates for fair regulation and deployment of technology across Africa. It said it was advising the workers on legal options

about 15 hours ago
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UK’s OnlyFans tops $3bn valuation amid talks to sell stake to US investor

OnlyFans, the UK adult video platform, is in talks to sell a minority stake to a US investor that will value the business at more than $3bn (£2.2bn).The London-based company is in advanced talks to sell a stake of less than 20% to the San Francisco-based investment firm Architect Capital, according to the Financial Times. Sources familiar with the process confirmed the talks to the Guardian.OnlyFans has decided that offloading a minority stake is the best guarantee of stability for a business dealing with the death of its owner, Leonid Radvinsky

about 21 hours ago
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Alycia Baumgardner v Bo Mi Re Shin: unified junior lightweight championship – live updates

Shadasia Green and Lani Daniels are in the ring for tonight’s co-main event. Green, from nearby Paterson, New Jersey, is defending her IBF and WBO titles at 168lb against Lani Daniels, a New Zealander who’s held belts at light-heavyweight and heavyweight and can become a three-division champion with an upset here.Krystal Rosado has just won an eight-round unanimous decision over Fernanda Reyes in the second-to-last preliminary fight. The ringside judges’ scores were 79-73, 80-72 and 78-74. It’s the first loss of Reyes’ career in her ninth pro outing, while Rosado improves to 9-1

about 4 hours ago
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Lancashire to put matches behind paywall; Rew sparkles for Somerset on rain-hit day – as it happened

Somerset’s James Rew was a shot of ginger on a rainy Championship day. He purred the last ball of the evening to the rope with a perfect high elbow, to finish unbeaten on 77. With innings of 64, 122 and 48 already this season, Rew’s average is 100 – numbers to lighten an England selector’s step. Thirteen wickets fell around him, with Jake Lehmann (76), who has stepped into James Vince’s boots, again top-scoring for Hampshire. There were three wickets each for Lewis Gregory and Craig Overton

about 9 hours ago
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New regulator powers could stifle advocacy, UK’s largest civil society bodies warn

2 days ago
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Future of the NHS, saviour of the high street? High hopes for health hub in a Barnsley shopping centre

2 days ago
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Effect of ‘gamechanger’ Alzheimer’s drugs ‘trivial’, review concludes

2 days ago
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People in north of England twice as likely to be killed in accidents as Londoners, report finds

2 days ago
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Sexual harassment is rife on comedy circuit and women lack protections, MPs told

3 days ago
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Strike is harming the NHS and dividing doctors | Letters

3 days ago