Under the deal agreed with regulator Ofwat, almost 100 million pounds of what Thames Water owes could be delayed until 2030
International News via Reuters:
Britain’s Thames Water said on Wednesday the regulator had given it some breathing space to repay 123 million pounds ($166 million) worth of fines, as it continues to try to secure new funding to avoid temporary government nationalisation.
Under the deal agreed with regulator Ofwat, almost 100 million pounds of what Thames Water owes could be delayed until 2030.
The company, Britain’s biggest water company with 16 million customers, has been battling for survival since last year, with the government on standby to put it into its special administration regime (SAR) should it fail to agree a deal.
It is at the centre of a public backlash against the water sector, blamed for polluting Britain’s river and seas, and was fined earlier this year over waste water pollution and for dividend payments it made.
Regulator Ofwat said Thames Water would pay an initial 20% of the fines in the coming weeks with the balance to follow on the earliest of three possible dates, either 30 days after its recapitalisation, or if it enters SAR, 30 days after it exits SAR, with a backstop date of March 31 2030.
“This payment plan continues to hold Thames Water to account for their failures but also recognises the ongoing equity raise and recapitalisation process,” Lynn Parker, senior director of Enforcement at Ofwat said.
Thames Water said in its statement it “continues to work closely with stakeholders to secure a market-led recapitalisation”, which involves its creditors investing new equity and taking a haircut on debt.
The company had repeatedly warned that to secure the investment it needs leniency over fines and pollution targets. It could be on the hook for 1.4 billion pounds worth of fines over the next five years.
The government in July announced plans to overhaul water regulation, which could include giving companies breathing space on fines to help them avoid financial collapse, but it is not clear whether those changes will be made in time to help Thames Water.
As September approaches, Tomorrow’s Voices, the Bermuda Autism Early Intervention Centre, is gearing up to resume its early intervention program. Today, we spoke to Dr. Jahnae Harvey, Executive Director at Tomorrow’s Voices, who told us more about the programme.
Stacy Hill, Funding and Development Officer at Tomorrow’s Voices, told us about the Move Your Feet for Autism 5K happening on October 26.
All funds raised will help to support programmes and offset costs for clients.
In response to criticism, BELCO President fires back at ‘political rhetoric’, sets out the challenges of managing a small island grid … and underscores his support for an LNG alternative to burning oil, to stop the soot
Wayne Caines, BELCO President: “The tools for faster progress exist. The regulatory framework is in place. The question is whether Bermuda’s leaders will use them or continue pointing fingers while our customers bear the cost of delay.”
Statement by Wayne Caines, President of BELCO: As the President of BELCO, Bermuda’s energy provider for over a century, I feel compelled to address the opinion pieces circulating about our island’s energy challenges. Leading a team of 265 dedicated professionals who keep Bermuda’s lights on 24/7, I’ve witnessed firsthand the complex realities of managing an isolated island grid while navigating the transition to sustainable energy.
The narrative being promoted is that BELCO is destroying Bermuda’s environment. That does not represent the facts. Let me set the record straight with data, not rhetoric.
Since commissioning our North Power Station in 2020, we’ve delivered $50 million in documented fuel cost savings to Bermuda ratepayers—$10 million annually compared to our previous aging facility. These are not projections or estimates; these are documented savings that directly reduced customer bills while improving system reliability. We replaced an aging, inefficient plant that burned expensive fuel oil with modern technology that operates at significantly lower fuel consumption rates.
Solar installations are happening all over the island, which is encouraging progress. But solar only benefits those who can afford the upfront investment. Meanwhile, most Bermudians still rely on BELCO’s grid every day for consistent, reliable power when the sun isn’t shining. Without a systematic, island-wide approach to alternative energy that includes all residents, electricity costs will keep rising for those left behind.
Our environmental progress is equally measurable. Our Nolan Smith Battery Energy Storage System, the first of its kind in the Caribbean and winner of the Best Energy Storage Project award at the Caribbean Renewable Energy Forum, reduces our CO2 emissions by 4,500 tonnes annually while providing grid stability that prevents the load shedding events that plagued our system for decades.
Since the construction of the North Power Station, we have systematically dismantled obsolete infrastructure—removing eight of our 16 engines, four of our eight gas turbines, and demolishing five smokestacks. This is active deconstruction of our carbon footprint that has happened since the commissioning of the North Power Station.
The engines that power the North Power Station. Photo supplied
Critics calling for faster renewable deployment ignore the engineering realities of island-scale power generation. Bermuda operates an isolated grid requiring constant baseload power generation with spinning reserve capacity. Unlike mainland grids that can import power when renewables fluctuate, we must maintain generation capability 24/7 regardless of wind or solar conditions.
On the soot issue that concerns many residents: a few more solar panels won’t solve it. The soot on roofs and homes comes directly from the fuel currently being used for electricity generation. We have a solution to stop dropping soot—liquefied natural gas (LNG). That’s the real solution to cleaner air. There is already a path to LNG through the established Integrated Resource Plan. If this is what Bermuda wants, lobby for it. Tell the Regulatory Authority. Tell your Minister. If Bermudians want it sooner than the Integrated Resource Plan (IRP) timeline, they need to push for it through the proper regulatory channels—stop blaming BELCO for a process we don’t control.
Contrary to suggestions that frameworks are needed, the Integrated Resource Plan provides exactly that mechanism. Approved by the Regulatory Authority in 2019, the IRP calls for 85% renewable electricity generation by 2035, prioritising offshore wind and solar technologies. The current IRP consultation process is underway and will incorporate the latest technologies to advance the plans to progress renewable energy generation in Bermuda.
This isn’t delaying tactics—it’s the legal mechanism that evaluates all energy proposals against cost, reliability, and environmental criteria simultaneously.
Independent water quality surveys conducted under Department of Environment and Natural Resources (DENR) oversight since 2020 show zero exceedances of primary drinking water standards, meeting World Health Organization benchmarks. We operate at emission levels more stringent than current Bermuda legislation requires. Every air quality complaint is documented and reported to both DENR and the Environmental Authority within required timeframes.
For thirty years, BELCO has maintained comprehensive mitigation programmes including roof painting, vehicle cleaning, and property maintenance for neighbouring properties. This long-standing commitment demonstrates that electricity production using internal combustion engines has always required some level of mitigation—this isn’t a new issue,
nor is it solely a Bermuda issue, it faces all power plants using internal combustion engines and we’ve been addressing this issue responsibly for decades.
The future of Bermuda’s energy will not rely on one single source. Solar and offshore wind technology all have potential for our island. BELCO must adapt to integrate these technologies, and we have always adapted to meet the island’s changing needs over our 100-year history. Our role is to ensure reliability while integrating these new technologies in a way that works for everyone, not just those who can afford private solutions.
Our grid modernisation project has almost reached completion with Advanced Metering Infrastructure providing customers recorded granular consumption data. We’ve upgraded transmission cables specifically to accommodate renewable intermittency as new sources come online. Our vehicle fleet demonstrates practical environmental leadership: 83% of our light vehicles are already electric, with the remainder being replaced as they reach end-of-life.
If Bermudians want cleaner air and a sustainable energy future, the solution is clear: push for LNG now through the regulatory process that already exists. Support innovation in solar, wind, and wave technologies. Work with BELCO, not against it, to make these changes happen faster.
For over 100 years, BELCO has adapted our generation mix, upgraded infrastructure, and maintained grid stability through hurricanes and global supply disruptions. We’ve demonstrated environmental leadership through measurable emissions reductions, infrastructure modernisation, and operational efficiency improvements that directly benefit customers.
The choice facing Bermuda is clear: continue the systematic, technically sound approach that has delivered documented results, or succumb to political rhetoric that ignores engineering realities and regulatory frameworks. We choose results over rhetoric, science over soundbites, and measured progress over politically motivated promises that leave most Bermudians behind.
The tools for faster progress exist. The regulatory framework is in place. The question is whether Bermuda’s leaders will use them or continue pointing fingers while our customers bear the cost of delay.
The messaging feature will allow users to chat and share music with people they have interacted with on Spotify
International News via Reuters:
Spotify Technology will start rolling out a messaging feature to both free and premium subscription tiers as the music streaming giant seeks to attract more users and fend off competition.
The messaging feature will allow users to chat and share music with people they have interacted with on Spotify, the Swedish firm said on Tuesday. It will be available on mobile devices of users aged 16 and older in select markets starting this week.
Spotify had a similar messaging feature earlier, but had removed it in 2017 over low engagement. This time, the company is banking on the sharp growth in subscribers over the past few years to revive the feature and grab market share.
The company has been focused on boosting margins through price hikes while balancing user growth amid intensifying competition from rivals such as Apple Music, Amazon Music and YouTube.
The music streamer, which had 696 million monthly active users in the second quarter, is investing in new features as it targets 1 billion, according to a Financial Times report on Sunday.
It has been expanding its video content library, including through a partner program that offers monetization options for podcast creators.
Reporting by Zaheer Kachwala in Bengaluru; Editing by Leroy Leo
The event will be held at the Steve Jobs Theater at Apple’s headquarters in Cupertino, California
International News via Reuters:
Apple will host its annual fall event on September 9, according to an invite on Tuesday, where the company is expected to unveil new iPhones, watches and other devices.
The event will be held at the Steve Jobs Theater at Apple’s headquarters in Cupertino, California and serve as a showcase of the company’s efforts to integrate artificial intelligence into its devices.
It will be closely watched by investors worried about the company ceding ground to faster-moving rivals in the race to deploy AI technology.
Media reports have said Apple will also unveil a slimmer version of its latest iPhone, possibly branded as the iPhone Air, echoing its iPad Air and MacBook Air lines.
The company is also expected to showcase new entry-level, high-end Apple Watches, upgraded iPad Pros and a faster version of the Vision Pro headset, Bloomberg News has reported recently.
Under pressure from the Trump administration, Apple has boosted its already hefty investment in the U.S. to $600 billion over the next four years, creating jobs and shifting some work there in the hopes of sidestepping potential import duties.
Apple faces pressure from tariffs imposed on U.S. imports from countries including its production hubs, China and India.
In June, Apple announced a slew of AI and software features, along with an overhaul of its operating system — redesigning its icons and menu to resemble what it calls “liquid glass.”
However, Apple’s delay in embracing the AI market has left it trailing Big Tech stalwarts. Smartphone maker Samsung and Chinese firms Honor and Huawei have taken advantage of the gap Apple left in the industry, luring customers with their own AI offerings.
Reporting by Zaheer Kachwala in Bengaluru; Editing by Alan Barona and Maju Samuel
Chrysler-parent Stellantis paid $190.6 million in penalties this year for not meeting U.S. fuel economy requirements, according to a government report and the Italian-U.S. automaker.
The National Highway Traffic Safety Administration said in an annual report that Stellantis paid $112.3 million in June and $78.3 million in March in payments for shortfalls from the 2019 and 2020 model years. In total, Stellantis has paid $773.5 million since 2018.
Last month, NHTSA told automakers they face no fines for failures to meet fuel efficiency rules dating back to the 2022 model year under a law signed by President Donald Trump.
Stellantis confirmed the figures to Reuters Tuesday but declined further comment.
Trump’s tax and budget bill ends penalties for not meeting Corporate Average Fuel Economy rules under a 1975 energy law.
Rivian said in a court filing this month that because NHTSA has not processed end-of-year reports or compliance notifications for the 2022 model year and later, it cannot finalize previously negotiated transactions worth $100 million in credit revenue.
The fuel economy penalty change is one of a number made by Washington to make it easier for automakers to build gasoline-powered vehicles.
GM previously paid $128.2 million in penalties for 2016 and 2017.
Last year, Tesla said it received $2.8 billion in global revenue from regulatory credits it earns from selling zero-emission EVs and sells to other automakers seeking to meet vehicle emissions targets.
In June, NHTSA paved the way for looser U.S. fuel economy standards by declaring that former President Joe Biden’s administration exceeded its authority by assuming high uptake of electric vehicles in calculating rules.
In 2023, under Biden’s administration, NHTSA said its fuel economy proposal would cost the industry $14 billion in projected fines including $6.5 billion for GM, $3 billion for Stellantis, and $1 billion for Ford through 2032.
The final rule adopted last year eased requirements and the agency said the industry would face no more than $1.83 billion in fines through 2031.
Reporting by David ShepardsonEditing by Tomasz Janowski
The ship will serve as NCL’s flagship vessel for Bermuda itineraries, sailing weekly from New York City to Dockyard during the 2026 season
Images supplied
Government press release:
The Government of Bermuda is pleased to welcome Norwegian Cruise Line’s (NCL) newest ship, Norwegian Aqua, on her inaugural call to the island. Norwegian Aqua, launched in March 2025, is the first of NCL’s Prima Plus Class vessels and represents a significant enhancement in the cruise experience for visitors to Bermuda.
Norwegian Aqua will serve as NCL’s flagship vessel for Bermuda itineraries, sailing weekly from New York City to the Royal Naval Dockyard during the 2026 season. The 2025 cruise ship schedule has six (6) more calls this year. With capacity for over 4,000+ guests, Aqua introduces groundbreaking features, including the world’s first Aqua Slidecoaster and innovative entertainment such as “Revolution: A Celebration of Prince.”
Norwegian Cruise Line Holdings Ltd. (NCLH) has reaffirmed its long-term commitment to Bermuda, extending its operating agreement through 2037. This partnership includes investment in infrastructure, such as the planned 200-foot extension of King’s Wharf Pier. This will ensure Bermuda can continue to welcome the world’s newest cruise vessels, underscoring Bermuda’s importance as a premier destination.
Looking Ahead with Norwegian Aqua is leading the way, and Bermuda is set to enjoy a vibrant cruise tourism season in 2026, enhanced visitor experiences, and sustained economic benefits for the local community.
On August 25, Acting Minister of Tourism & Transport, Culture & Sport, The Hon. Diallo V. Rabain JP, MP, escorted a delegation onboard the Norwegian Aqua to welcome the ship to Bermuda and presented a ceremonial plaque on behalf of the Government of Bermuda, along with the Chairman of the Host Port, Mr. Neville Tyrrell, of Bermuda Land Management Corporation, who also presented a plaque on behalf of the Royal Naval Dockyard. Also in attendance were representatives from the Ministry of Transport, Meyer Agencies Limited, Department of Marine & Ports, Department of Customs, and Bermuda Land Management Corporation.
Acting Minister Rabain said, “It was my distinct pleasure to be invited aboard such a magnificent ship for the inaugural celebration. The ship’s Officers and crew were proud and excited to share all the nuances and amazing amenities that make the Norwegian Aqua so special. I can see why this ship is Norwegian Cruise Lines’ New Flagship, and we are honoured to have her dedicated to the Bermuda market during our 2025 end-of-season and the 2026 summer season from New York.”
Norwegian Aqua’s first call was scheduled for August 20, but it was unfortunately rerouted due to Hurricane Erin, so her inaugural call was on August 25, 2025.
A June 2025 law makes it a criminal offence in France to provide an illicit online platform
International News via Reuters:
Paris prosecutors have launched an investigation into the Australian-owned video platform Kick following the online death of Frenchman Raphael Graven who endured days of livestreamed abuse.
They said they would examine whether Kick knowingly provided illegal services by broadcasting videos of deliberate attacks and whether Kick complied with European digital services regulations to report any risk of harm to life or personal safety.
A June 2025 law makes it a criminal offence in France to provide an illicit online platform. The offence carries a maximum penalty of 10 years’ imprisonment and a fine of 1 million euros when committed by an organised gang, the Paris prosecutor’s office statement said.
Last week, prosecutors in Nice opened a separate investigation into the 46-year-old’s death in the village of Contes, in southern France.
An autopsy showed Graven, known online as Jean Pormanove, did not die from impact trauma and that the probable causes of death appeared to be medical or toxicological in origin.
A spokesperson for Kick said on Tuesday the company had been informed of further developments in France in relation to its platform and would cooperate with the relevant authorities with any ongoing investigation.
French digital communication regulator Arcom has also launched a probe into the case and the government has said it would tighten regulations if necessary.
Reporting by Geert De Clercq; Editing by Sudip Kar-Gupta, Makini Brice, Ros Russell and Alison Williams
Essential renovations will begin starting September 12th with re-opening scheduled for March 2026.
Full press release from the Government of Bermuda:
The Bermuda Post Office announces that Mangrove Bay Post Office will be temporarily closed for essential renovations from Friday, September 12, 2025, with reopening anticipated in late March 2026.
The closure is necessary to improve safety and building conditions.
This includes repairing holes, loose and rotten floorboards, concreting the floor, improving ventilation, re-plastering walls, and making other essential structural improvements.
These refurbishments have been planned for over a year, with the schedule determined by contractor availability.
During the closure:
Mail addressed to Mangrove Bay post boxes will be redirected to Southampton Post Office for customer pick-up.
Due to space constraints at Southampton, the Warwick Post Office will temporarily handle parcel deliveries usually processed at Mangrove Bay.
The Bermuda Post Office thanks the public for their patience and understanding as we complete these critical safety and infrastructure improvements.
During this period, customers are encouraged to plan accordingly and visit alternative locations for postal services.
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