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Disney appoints theme parks boss as its next chief executive

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Disney appoints theme parks boss as its next chief executive



Disney has appointed the boss of its amusement parks as its next chief executive after a three-year search.

Josh D’Amaro will step into the top job, replacing current boss Bob Iger from March 18.

Mr D’Amaro heads up the Disney Experiences division which runs its theme parks, resorts, cruise ships and other attractions.

The appointment marks the next stage in the businessman’s 28-year long career at the entertainment giant, having joined at Disneyland Resort and holding leadership positions within various divisions.

The 54-year-old will succeed Mr Iger who has spent nearly two decades leading the company.

The longstanding boss left Disney in 2020 but was asked to return when his replacement Bob Chapek stepped down after a two-year tenure, having faced criticism over his leadership of the historic brand and steering it through the pandemic.

Mr Iger agreed to extend his contract by two years in 2023 while the search for his successor began.

Disney’s chairman James Gorman asserted Mr D’Amaro was the “right person to take the helm” as the company’s next boss.

“Throughout this search process, Josh has demonstrated a strong vision for the company’s future and a deep understanding of the creative spirit that makes Disney unique in an ever-changing marketplace,” he said.

“The board believes he is exceptionally well prepared to guide this global company forward to serve our consumers around the world and create long-term value for shareholders.”

Disney reported a 5% increase in revenues over 2025 on the back of higher subscription fees for its streaming platform Disney+ and cashing in on the release of films including Zootopia 2 and Avatar: Fire And Ash.

Prices for Disney+ increased from £4.99 a month to £5.99 a month for its most basic subscription plan in the UK from October.

Revenues for its experiences division, which is headed up by Mr D’Amaro, rose by 6% year-on-year.

However, it cautioned over fewer international visitors to its US amusement parks.



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Co-op boss quits after ‘toxic culture’ claims reported by BBC

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Co-op boss quits after ‘toxic culture’ claims reported by BBC


Co-op chair Debbie White said: “We thank Shirine for her leadership and for the significant contribution she has made to our Co-op, to our communities and to the co-operative movement during her tenure. The Board is grateful for her commitment and leadership, particularly during a challenging few years, and we wish her every success in the future.”



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Airfares likely to doubled as jet fuel price aurges to Rs417 in Pakistan – SUCH TV

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Airfares likely to doubled as jet fuel price aurges to Rs417 in Pakistan – SUCH TV



Air travel is all set to become highly expensive as the airlines are indicating at doubling the air ticket prices following a whopping increase in jet fuel rate.

The jet fuel price has rocketed to Rs417 from Rs388 per litre in Pakistan and the airlines have started to increase the airfares through enhancing fuel surcharge rates.

The airlines maintained the basic fare but added the fuel price surge into the fuel surcharge.

The one-way fare from Karachi to Islamabad and Lahore has shot up to Rs40,000 while air travel on chance seats for Islamabad and Lahore has soared by 150 percent.

Accordingly, the Pakistan International Airlines (PIA) has boosted the airfares by 10 to 100 dollars.

Domestic flights will now carry additional $10 fuel surcharge which on Canada routes extra $100 will be received as fuel charge.

Passengers on UK-bound flights to pay 75 dollars additional surcharge while 50 dollars will be received on Middle East routes.

Private airlines have gone a step ahead as they enforced charging additional 15 dollars to 150 dollars on different routes.

The airlines were under pressure after closure of many air routes with the airlines administrations are saying that extraordinary rise in airfares has become inevitable.

Earlier on Wednesday, Pakistan fuel NOTAM forced foreign airlines to tanker Jet A-1 fuel from abroad and limit uplift at Karachi and Lahore airports.

The Pakistan Airports Authority issued the order to protect local supplies amid supply disruptions.

Foreign carriers now arrive with enough fuel for their return flights while Pakistani airlines receive full requirements.

This change hit operations on March 25 when one Karachi-to-Doha flight diverted to Muscat.

The Pakistan fuel NOTAM A0147/26 took effect on March 13 and runs through March 31 2026. It targets Jinnah International Airport in Karachi and Allama Iqbal International Airport in Lahore.

Airlines follow the rule and carry maximum fuel on inbound legs. Officials confirm foreign airlines get only the minimum quantity inside Pakistan.

Pakistan fuel NOTAM creates immediate changes on the ground. Foreign airlines offload passenger baggage and cargo to stay within weight limits.

The extra fuel adds weight that reduces payload capacity on every affected flight.

According to a Notice to Airmen (NOTAM) issued by the PAA, the supply of aviation fuel at domestic airports has been significantly curtailed due to regional supply chain disruptions, advising international carriers to maximize their fuel “uplift” at foreign stations and minimize refuelling within Pakistan.

The directive has already begun to impact international flight schedules.



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NS&I set to pay millions to customers over misplaced funds

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NS&I set to pay millions to customers over misplaced funds



The government-backed bank has been accused of a series of errors, including not paying bereaved families money that was rightfully theirs.



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