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Business
Disney Adventure cruise ship launches new foothold in Asia

Disney’s cruise line is going big in Asia.
This month, the company’s eighth and largest ship, the Disney Adventure, will embark on its maiden voyage, carrying passengers on three- and four-night journeys at sea from its berth in Singapore.
The vessel accommodates a whopping 6,700 passengers, around two-thirds more capacity than Disney’s Wish class ships, which include the Disney Wish, the Disney Treasure and the Disney Destiny. The Adventure can also carry around 2,500 crew members, about 1,000 more than on the Wish class ships.
“It takes a village to be able to support the type of service that we’re known for,” Joe Schott, president of Disney Signature Experiences, told CNBC.
The Disney Adventure sets sail at a time of rapid expansion for Disney’s cruise line. It is one of six vessels set to join the fleet by 2031. It’s also emblematic of the company’s global aspirations, which coincides with a sharp decline in international visitors venturing to the United States.
Mickey and Minnie Mouse pose in front of the Disney Adventure.
Disney
While tourism grew worldwide last year, the United States was the only major destination to see a drop in foreign visitors, according to the World Travel & Tourism Council. Overall, international travel to the U.S. fell 6%, the organization found. That decline continued into 2026, as January’s numbers were down 4.8% compared with the same month a year prior.
Travel bans, visa fees and invasive searches at ports of entry are all contributing to international travelers leaving the United States off their travel itineraries, according to the WTTC. Trade frictions, geopolitical unease and safety concerns have also contributed to the drop in demand for travel stateside, travel experts told CNBC.
Still, Disney’s domestic theme parks drive around two-thirds of revenue in its experiences division, which includes parks, cruises, resorts and consumer products. International destinations account for around one-fifth of revenue.
Expanding its fleet to new ports allows Disney to entice guests that may not have otherwise been able to venture to its theme parks or get on board one of its cruise ships. And Asia is a rapidly growing market.
A whole new market
Disney is no stranger to the Asian market. It already has a strong footprint of theme parks and resorts in Tokyo, Hong Kong and Shanghai.
“We have a really strong presence already up in the the northern part of Asia,” Schott said. “But, I think as you think about the southeast part of Asia, we don’t really have a physical presence. So, this is a great way to really be able to connect a whole lot of people that haven’t had the opportunity to do a physical Disney experience before.”
The cruise industry, in particular, in Asia has been in a state of rapid growth in the wake of the pandemic. In 2024, the region accounted for 2.6 million cruise passengers, a 13% increase from the previous year, according to data from the Cruise Lines International Association.
“Prior to 2024 we were really seeing a rise in the disposable income and the income levels of Southeast Asian travelers,” said Dulani Porter, executive vice president and partner at Spark, a creative agency that works with hospitality and tourism brands. “And so it was a very, very important market for any international tourism organization.”
That’s where the Disney Adventure comes in.
Initially destined to be a floating casino, the ship went up for sale part way through its construction when its parent company, Genting Hong Kong, went bankrupt in 2022. Disney swooped in and bought it.
“I think this was a great opportunity, because if we hadn’t acquired the ship the way we did, we wouldn’t be going into this market as soon as we are,” said Bruce Vaughn, president and chief creative officer of Walt Disney Imagineering. “And that’s a great thing.”
Previously, all of Disney’s cruise ships have left from domestic ports in Florida before traveling to international destinations. In the case of the Adventure, the ship is the destination. Stationed in Singapore, the vessel will voyage entirely at sea, with no port calls.
And Disney says demand is already there. Disney’s cruises are already 80% booked for fiscal 2026, Schott said.
A ‘brand ambassador’
The Disney Adventure’s size isn’t the only thing that sets it apart from the rest of the fleet. The ship has been tailored for consumers in Asia.
“Since the ship is going to be dedicated to Singapore and that market, we also wanted to make sure that we address what we thought would be unique to them,” said Vaughn.
This came in the form of selecting franchises and characters that are popular in the region, designing entertainment and relaxation areas catered to local tastes and providing a diverse selection of menus across its restaurants.
“We’re looking forward to servicing a brand-new audience,” Schott said. “In that respect, the ship is a brand ambassador.”
Guests on board the Adventure will be immersed in Disney’s more than 100 years of storytelling with character meet-and-greets as well as themed shopping and entertainment areas.
Situated in the middle of the ship is a deck designed to look like a street from San Fransokyo, the fictional city in “Big Hero 6.” The area is home to arcade games inspired by the movie, a replica of the Lucky Cat Cafe owned and operated by Aunt Cass as well as four movie theaters and dedicated tween and teen spaces.
A view of San Fransokyo street aboard the Disney Adventure.
Disney
The street also features the first-ever Duffy and Friends store at sea and a National Geographic shop. Disney executives told CNBC that these brands are incredibly popular with consumers in the region.
Duffy the Disney Bear is a character that was developed initially for a merchandise line at Walt Disney World’s Disney Springs, but gained attention when it was brought to Tokyo a few years later. In the last two decades, Duffy has been joined by seven other stuffed animal friends and has become one of the bestselling merchandise lines for the company.
In 2023, Disney reported the character generated $500 million in sales annually.
Disney characters in traditional Han costumes perform on the stage during a special edition of “Enjoying the Moon with Duffy and Friends” event celebrating the Mid-Autumn Festival at the Shanghai Disney Resort on September 17, 2024 in Shanghai, China.
Vcg | Visual China Group | Getty Images
In designing the Disney Adventure, the company was also conscious of local traditions. For many in Asia, vacations aren’t just for a nuclear family, but for extended family and even large groups of friends.
“I think one of the biggest distinctions that I’m seeing with South Asian cultures [is] travel really is about spending more time together,” Porter said. “Not to generalize, but North American cruisers will choose cruising because the kids can go do their thing and the parents can go do their thing, all contained into a ship.
“For Asian travelers, that is a very meaningful time spent together, where the grandparents and the kids and the parents and the grandparents, everybody is really trying to maximize all of that time together,” she said.
Both Vaughn and Schott detailed layers of experiences available to cruise guests that cater to different age ranges, both kids and kids at heart.
There’s Marvel Landing on the upper deck of the ship that features a rollercoaster, a spinning attraction and car-chase ride all inspired by Earth’s mightiest heroes. In the same area is a sundeck, infinity pool and a bar.
Wayfinder Bay is an open-air area with amphitheater-like seating that doubles as a performance venue. And there’s D Lounge, which features a number of private karaoke rooms.
“We’ve had to think about that quite extensively in our parks in the region … multigenerational travel is just part of the formula,” said Schott.
Also part of the formula is Disney’s dining experience.
Aboard the Disney Adventure, guests will have an eclectic selection of food and beverages to try, with an emphasis on flavors that are popular in the region.
The Disney Adventure will have burgers and classic American fare at Stitch’s Ohana Grill, bubble teas at the Ursula-inspired Bewitching Boba and Brews, as well as pitas and kebabs at the Ms. Marvel-inspired Cosmic Kebabs.
There will also be Indian cuisine at Mowgli’s Eatery and Polynesian-inspired fare at Gramma Tala’s Kitchen.
Rotational dining is also featured on the cruise ship, a staple of Disney’s service.
While passengers have the option to grab quick-service meals and snacks throughout the ship, several of its restaurants are included in a prescheduled dining plan. Guests have reservations for each of these themed restaurants and rotate through them during their cruise.
Disney rotates the restaurant staff, too, to follow each group of passengers to their scheduled restaurant. As a result, guests have the same servers, busboys and restaurant managers throughout their trip, and the waitstaff gets to know the guests — and their preferences.
“I think at the end of the day, this entry into the market needs to be a really strong one for us,” Schott said. “So we’re looking forward to really being able to deliver the Disney-level of service at an extraordinary level.”
Business
Seth MacFarlane Confirms ‘The Orville’ Season 4 Scripts Complete, But Production Hinges on His Schedule
Seth MacFarlane has delivered a hopeful yet cautious update on the future of his sci-fi comedy series “The Orville,” revealing that all 10 scripts for a potential fourth season are finished but production remains stalled due to his packed professional commitments.

In a recent interview with The Hollywood Reporter promoting the second season of his Peacock series “Ted,” MacFarlane addressed fan speculation about the show’s status nearly four years after “The Orville: New Horizons” concluded its third run on Hulu in 2022.
“I will be honest with you: Season four is written,” MacFarlane said. “It’s just a question of when we have the time to produce it. The 10 scripts are done. I’m the problem. It’s [a matter of] when I can make that my year, with all the other stuff we have in the works. But we can hit the ground running when it happens.”
The confirmation marks the most concrete progress reported on Season 4 since the series shifted from Fox to Hulu for its third season. MacFarlane emphasized that Hulu remains supportive and ready to move forward, underscoring the project’s ongoing viability despite the long hiatus.
“The Orville” blends Star Trek-inspired space exploration with irreverent humor, following Captain Ed Mercer (MacFarlane) and the crew of the USS Orville as they navigate interstellar adventures, personal relationships, and moral dilemmas. The show has built a dedicated fanbase for its character-driven storytelling, practical effects, and balance of comedy and drama.
Season 3, titled “New Horizons,” aired in 2022 and received praise for its ambitious scope, including high-stakes storylines involving the Kaylon war, Krill alliances, and character growth for figures like Commander Kelly Grayson (Adrianne Palicki) and Dr. Claire Finn (Penny Johnson Jerald). The season ended on an optimistic note with the crew united, leaving room for future explorations but no cliffhanger demanding immediate resolution.
Despite the lack of new episodes, the series has maintained cultural relevance through streaming availability on Hulu and international platforms. Fans have kept hope alive through online communities, petitions, and convention appearances by cast members, who have consistently expressed enthusiasm for returning.
MacFarlane’s schedule has indeed been demanding. In addition to starring in and executive producing “Ted” — whose second season premiered in early 2026 — he has juggled multiple projects, including voice work, music, and development deals. He has described “The Orville” as a passion project that requires his full attention as creator, writer, director, and lead actor, making it challenging to carve out the extended production window needed for the show’s elaborate sets, visual effects, and ensemble filming.
Earlier reports, including comments from co-star Scott Grimes in 2024, suggested potential filming in early 2025, but no production has materialized. Some outlets speculated about renewal in late 2024, but MacFarlane’s latest comments clarify that while scripts exist and the network is amenable, timing remains the primary obstacle.
The delay has sparked mixed reactions among fans. Many celebrated the script completion as a sign the show is far from dead, with social media buzzing over the prospect of new adventures for the Planetary Union crew. Others expressed frustration over the wait, noting that four years without new content risks losing momentum in a competitive streaming landscape.
MacFarlane has repeatedly insisted the series is not canceled. “Nobody has told me that it’s dead from the network,” he said in prior interviews, and the current update reinforces that sentiment. Hulu executives have previously praised the show, with ABC Entertainment and Hulu president Craig Erwich calling it a “great show” loved by fans, though no formal renewal announcement has followed.
The series’ future could hinge on MacFarlane prioritizing it amid his expanding portfolio. If production begins, the elaborate practical sets and VFX-heavy episodes typically require 12-18 months from start to premiere, potentially pushing a Season 4 debut to late 2027 or beyond.
For now, the 10 completed scripts represent a tangible step forward, keeping the door open for the USS Orville to resume its journey. MacFarlane’s candid acknowledgment of his role in the delay highlights the personal investment required for a project he has steered from inception.
As “Ted” Season 2 unfolds and other commitments continue, fans await word on when — or if — MacFarlane can clear his calendar for the stars. Until then, the Planetary Union remains in a holding pattern, with scripts ready and hope enduring.
Business
Trump family home sells for $12.5 million below original asking price
Partnership for New York City president and CEO Steve Fulop discusses the city’s budget shortfall and Mayor Zohran Mamdani’s proposed property tax hike on ‘The Claman Countdown.’
The longtime Manhattan residence of the late Ivana Trump has finally traded hands, but at a price that reflects a sobering reality for New York City’s luxury real estate market.
Property records show the opulent Upper East Side townhouse sold on Feb. 27 for $14 million, the Wall Street Journal reported. It’s a $12.5 million price cut from the original $26.5 million asking price set shortly after the businesswoman’s death in 2022.
The $14 million sale comes after three price cuts over the past three years.
Even with the massive discount, the estate saw a $2.5 million return from what Ivana originally paid in 1992. Proceeds from the sale are set to be split among her three children, Donald Trump Jr., Eric Trump and Ivanka Trump.
REAL ESTATE EXPERTS BLAST MAMDANI’S MATH-DEFYING PLAN, WARN OF HIGHER RENTS AND FLIGHT
A piece of the Trump family legacy, Ivana bought the home shortly after her divorce from President Donald Trump, and the nearly 9,000-square-foot limestone mansion served as the home base for their children during their teenage years.

Ivana Trump’s New York City townhouse sold for $14 million in February. (Getty Images)
“My mom absolutely loved that house,” Eric Trump told the Journal in 2022. He also said the opulence “embodied Ivana Trump.”
The home was a real estate personification of Ivana’s bold, unapologetic style. She oversaw extensive renovations shortly after buying the property to transform the former dental office into a six-story monument to luxury.
Located on the Upper East Side between Fifth and Madison avenues, the Versailles-inspired home features gold accents and shades of red. It has five bedrooms, six bathrooms, two small galley-style kitchens and multiple entertaining areas.
Ivana Trump, ex-wife of Donald Trump, celebrates with her sons Donald Jr. and Eric at a party to introduce her brand of wine to her society friends on Oct. 18, 2011, at her East Side townhouse.
Some of the more grand interior design features include Chinese murals, silk-covered walls, a leopard-print library and crystal chandeliers in almost every room.
Ivana Trump lived in the home for three decades until her death in July 2022. She was found unconscious at the bottom of a staircase in the home after what authorities ruled was an accidental fall that caused blunt impact injuries, Fox News previously reported.
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While transaction volume for New York City townhouses rose in 2025, the actual average sale prices fell, according to Leslie Garfield & Co.’s 2025 townhouse report. By the third quarter of 2025, the average sale price for Manhattan townhouses dropped 14% to $6.9 million.
Fox News host Lara Trump discusses the Trumps’ political future, the possibility of family members running for office and the resilience of President Donald Trump on ‘Kudlow.’
Adam Modlin of the Modlin Group represented the buyer and seller in the transaction. He did not immediately respond to Fox News Digital’s request for comment.
Business
Trump sides with crypto in battle with banks over stablecoin yield
US President Donald Trump boards Air Force One before departing Palm Beach International Airport in West Palm Beach, Florida, on March 1, 2026, on his way back to Washington, DC.
Mandel Ngan | Afp | Getty Images
President Donald Trump has thrown his support behind crypto firms in their high-stakes battle with U.S. banks over whether they can offer interest-like returns on stablecoins.
Trump, in a social media post late Tuesday, ratcheted up pressure on banks to relent on the stablecoin yield issue.
That’s the key point of contention holding up passage in Congress of the Clarity Act, which is a companion bill to the Genius Act approved last year, setting up a framework for regulated stablecoins.
“The Genius Act is being threatened and undermined by the Banks, and that is unacceptable,” Trump said in his post. “They need to make a good deal with the Crypto Industry because that’s what’s in best interest of the American People.”
Coinbase shares surged as much as 11% in early trading Wednesday, while shares of JPMorgan Chase and Bank of America fell less than 1%.
While Trump’s decision to back the crypto industry could sway members of his Republican Party in the GOP-led Congress, it’s unclear whether his support is enough to ensure the bill’s passage. The move also raises fresh questions over potential conflict of interests, as the president and his family have reportedly generated hundreds of millions of dollars in wealth from interests in firms including the crypto platform World Liberty Financial.
The dispute between the industries centers on whether crypto firms like Coinbase can offer yields on stablecoins. While crypto companies see it as a consumer-friendly innovation that will let people earn money on their idle funds, banks have warned that the competing product could siphon trillions of dollars from their industry.
$6.6 trillion threat?
Executives from JPMorgan and Bank of America, the two largest American lenders by assets, have cited a Treasury study that indicated that banks could lose up to $6.6 trillion in deposits if stablecoins offered a yield.
That could destabilize some banks, especially smaller ones, and remove a source of funding for loans to businesses across the country.
Allowing the less-regulated crypto industry to behave like quasi-banks could heighten systemic risk, banks argue. Crypto firms say that the risks are contained and that stablecoins backed by Treasuries will boost demand for U.S. debt.
“It can’t be, you have these people doing one thing without any regulation, and these people doing another,” JPMorgan CEO Jamie Dimon told CNBC’s Leslie Picker on Monday. “If you do that, the public will pay. It will get bad.”
In recent months, the president has hosted a series of White House meetings between the two sides in hopes of brokering a deal, but the banks haven’t relented, according to people with knowledge of the gatherings.
Now, he is explicitly putting his weight behind crypto.
“Americans should earn money on their money,” Trump said in the post. “This industry cannot be taken from the People of America when it is so close to becoming truly successful.”
‘Full of s–t’
That phrasing is similar to language that Coinbase CEO Brian Armstrong has used in interviews. Coinbase is the largest U.S. crypto platform and provides yield to members through what critics in the banking industry call a “loophole” in current regulations.
Armstrong, seen by banks as their main adversary in this dispute, met with Trump at the White House shortly before his social media post Tuesday, according to a person with knowledge of the meeting. That detail was reported earlier by Politico.
Both banks and crypto firms have reasons to support passage of the Clarity Act, but it’s unclear whether that will happen, given the disagreement. Earlier this year, Trump attempted to pressure banks to cap credit card interest rates, but the industry had enough support among both Republicans and Democrats to ward off that threat.
Tensions between Armstrong and banking CEOs have climbed since the Coinbase CEO has publicly called out banks for their opposition to stablecoin yields.
In January, Dimon reportedly told Armstrong he was “full of s–t” at a chance interaction at the World Economic Forum in Davos, Switzerland.
Business
Woori Financial Group files 2025 audit reports for Woori Bank

Woori Financial Group files 2025 audit reports for Woori Bank
Business
Sebi revises reporting norms for AIFs, introduces annual activity report
In a circular issued on March 4, the regulator said AIFs are currently required to submit activity reports on a quarterly basis within 15 calendar days from the end of each quarter, in a format hosted by the Indian Venture and Alternate Capital Association (IVCA).
Sebi noted that the reporting format had been reviewed to incorporate changes made to the AIF Regulations and related circulars.
The move is also aimed at improving ease of doing business and reducing compliance costs. The regulator said the frequency of submitting reports had been reviewed in consultation with the Standards Forum of AIFs, and that a Sebi-constituted working group.
Under the revised framework, AIFs will now be required to submit a comprehensive Annual Activity Report at the end of March each financial year. The report must be filed online on the Sebi Intermediary Portal (SI Portal) within 30 calendar days from the end of March. The first annual report will cover the year ending March 2026 and must be submitted by May 31.
In addition, AIFs will continue to submit a limited Quarterly Activity Report in a revised format within 15 calendar days from the end of each quarter. The first such quarterly report under the new system will be for the quarter ending June 2026. However, no separate quarterly submission will be required for the March quarter, as the annual report will include those data points.
The revised reporting formats will be made available on the IVCA website within three days of the circular’s issuance, and the association will assist AIFs in understanding the new requirements and resolving reporting-related issues. The changes come into force with immediate effect.
Business
Target carrying out major changes to cereal aisle

Retailer to carry cereals made without certified synthetic colors.
Business
Is Cairo International Airport Open? Airport Remains Open Amid Regional Chaos, But Faces Mass Cancellations
CAIRO — Cairo International Airport (CAI) continues to operate normally despite widespread aviation turmoil across the Middle East triggered by the ongoing U.S.-Israeli military actions against Iran, authorities and flight tracking data confirmed Wednesday.
The airport’s official website and live flight information boards showed active arrivals and departures throughout the early hours of March 4, 2026, with flights landing from destinations like Jeddah, Paris, Algiers, and Madinah, and others scheduled or on time to various points including Riyadh, Istanbul, and London. Egypt’s Civil Aviation Ministry and airport operators have maintained that Egyptian airspace remains open, with Cairo serving as a key hub for diverted international flights and limited regional connectivity.

However, the facility has not escaped the ripple effects of the five-day-old conflict. On March 3, Cairo recorded at least 72 flight cancellations and around 60 delays, totaling more than 130 disruptions in a single day, according to aviation reports and passenger accounts. EgyptAir, the national carrier, extended its indefinite suspension of services to 13 regional destinations, including Dubai, Doha, Beirut, Abu Dhabi, Sharjah, Kuwait, Bahrain, Amman, Dammam, Baghdad, Erbil, Muscat, and Qassim. This marks one of the most extensive route groundings in the airline’s recent history, stranding thousands and severely impacting connections to Gulf hubs.
Major international carriers like Emirates and Qatar Airways remained effectively grounded for operations from Cairo, with no flights to or from their primary bases in Dubai and Doha due to airspace restrictions in the UAE and Qatar. Travelers attempting to reach or depart via these routes faced significant challenges, with many rebooking options limited or unavailable. EgyptAir offered flexible rebooking without change fees for affected passengers until mid-March, urging them to contact the airline directly.
The disruptions stem from a cascade of airspace closures and restrictions across neighboring countries. Large swaths of airspace over Iran, Iraq, Israel, Jordan, Lebanon, Bahrain, Kuwait, Qatar, the UAE, Oman, and Saudi Arabia remained off-limits or heavily restricted, according to updated advisories from the European Union Aviation Safety Agency (EASA) and other authorities. These measures, extended through at least March 6 in some cases, forced rerouting, diversions, and outright cancellations globally, with Cairo absorbing some overflow as a relatively stable gateway.
Egypt’s Ministry of Civil Aviation placed all airports on high alert starting late February, with Minister Sameh El-Hefny personally inspecting Cairo’s operations room and crisis management center. Contingency plans ensured continued functionality, including handling diverted flights — 12 international arrivals were rerouted to Cairo on March 1 alone, with additional diversions to Sphinx, Hurghada, Sharm El-Sheikh, and other facilities. The ministry emphasized maximum readiness to safeguard air safety amid the escalation.
U.S. and other Western embassies advised heightened caution for citizens in the region, though Egypt has not been directly targeted. The U.S. State Department urged Americans to depart the broader Middle East where possible, but noted limited flight options complicating exits. Egypt’s tourism sector, particularly Red Sea resorts like Hurghada and Sharm El-Sheikh, reported operational continuity at local airports despite delays and reduced international access.
Flight tracking platforms like Flightradar24, FlightAware, and the airport’s own portal displayed ongoing activity Wednesday morning local time, with dozens of flights marked as landed, on time, or scheduled across Terminals 1, 2, and 3. Weather conditions at CAI remained favorable, with light winds and clear visibility contributing to smooth ground operations where flights were able to proceed.
The situation highlights Cairo’s strategic role as Egypt maintains open skies while much of the Gulf faces paralysis. Analysts noted that while the airport itself is not closed, effective connectivity to key regional and global networks has been severely curtailed, leading to an “operational nightmare” for passengers and airlines. Some experts predicted gradual resumption of limited services if de-escalation occurs, but warned of prolonged volatility.
Passengers are advised to check directly with airlines, monitor official airport channels, and allow extra time for potential changes. Cairo Airport Company continues to update flight status in real time, with dedicated support teams assisting affected travelers.
As the conflict enters its sixth day, Cairo International Airport stands as one of the few major Middle Eastern hubs maintaining core operations, though heavily impacted by the surrounding chaos. Authorities reiterated commitments to safety and continuity, urging calm amid uncertainty.
Business
Government launches gender pay gap and menopause action plans ahead of International Women’s Day 2026
The Government has unveiled new gender pay gap and menopause action plans designed to help women thrive in the workplace, as ministers seek to shift the focus from transparency to tangible change ahead of International Women’s Day 2026.
From April, employers with more than 250 staff will be encouraged to publish detailed action plans outlining how they intend to reduce their gender pay gap and support employees experiencing menopause. The initiative forms part of a broader strategy to improve women’s economic participation, boost productivity and address the financial pressures that disproportionately affect women and families.
The measures were formally launched by Bridget Phillipson, Secretary of State for Education and Minister for Women and Equalities, who said the plans marked a renewed commitment to ensuring women can progress and prosper at work.
“This International Women’s Day, we are celebrating all that women bring to our proud nation, as well as committing to giving back to them,” Phillipson said. “Too many women are still not paid fairly, held back at work due to inconsistencies in support, or find common sense adjustments for their health needs overlooked or dismissed.”
The new action plans are voluntary at this stage, with ministers pledging to work collaboratively with businesses to share best practice and encourage widespread adoption before any compulsory framework is introduced. The Government has positioned the initiative as part of its wider economic agenda, arguing that improving workplace equality is essential to unlocking growth.
Alongside the action plans, ministers have highlighted other measures aimed at easing cost-of-living pressures, including a £117 reduction in average energy bills from April, expansion of free childcare provision, a rail fare freeze and a continued cap on prescription charges below £10.
The Women’s Business Council, which is working closely with the Government on the scheme, said the plans could help break down persistent structural barriers. Mary Macleod, chair of the council, described the initiative as an opportunity to boost both equality and economic performance.
“These measures have the power not only to increase the number of women in the workforce, but to drive productivity and innovation,” she said. “Equality isn’t just the right thing to do – it is a vital driver for economic growth.”
A central element of the programme is a renewed focus on menopause support. Government figures indicate that one in ten women who worked during the menopause have left a job because of their symptoms. Ministers argue that clearer workplace policies and practical adjustments could help retain experienced employees and reduce economic losses linked to workforce exits.
Mariella Frostrup, the Government’s Menopause Employment Ambassador, said employers must recognise the scale of the issue. “Menopause affects millions of women at the height of their careers,” she said. “When employers take meaningful steps to support women through menopause, they are protecting their workforce and strengthening their business.”
Campaigners have cautiously welcomed the announcement, while calling for stronger enforcement in the future. Penny East, chief executive of the Fawcett Society, said the action plans should represent a move from reporting disparities to addressing them.
“Large employers must not simply publish data; they must now take action to improve workplace cultures and practices,” she said. “This is a rare opportunity to strengthen women’s participation in the workforce, and the plans must therefore be ambitious, measurable and enforceable.”
The action plans sit within the framework of the Employment Rights Act 2025, which includes new protections against workplace sexual harassment and enhanced rights for pregnant workers and women returning from maternity leave.
The Government has signalled that over the coming year it will consult on how to move from voluntary measures to a more structured, mandatory regime. In the meantime, ministers will work with expert groups, including the Women’s Business Council and the Invest in Women Taskforce, to encourage employers to adopt comprehensive and accountable policies.
With the gender pay gap in the UK still standing at 12.8 per cent overall, according to recent figures, the success of the initiative will be judged on whether it delivers measurable improvements in pay equity, retention and career progression for women across sectors.
Business
Investors’ wealth erodes by Rs 16.32 lakh cr in two days as West Asia turmoil intensifies
On Wednesday, the 30-share BSE Sensex tumbled 1,122.66 points or 1.40 per cent to settle at 79,116.19. During the day, it crashed 1,795.65 points or 2.23 per cent to 78,443.20. Since Friday, the BSE benchmark has lost 2,171 points or 2.67 per cent amid the onset of hostilities between Iran and the US-Israel since February 28.
The market capitalisation of BSE-listed companies eroded by Rs 16,32,428.12 crore to Rs 4,47,18,243.15 crore (USD 4.85 trillion) since Friday last week. Equity markets were closed on Tuesday for Holi.
“Markets traded with a negative bias on Wednesday, extending their recent corrective trend amid weak global cues and persistent geopolitical concerns. Investor sentiment remained fragile amid weak global signals, elevated crude oil prices and lingering uncertainty around geopolitical developments. Continued foreign institutional selling and currency volatility further dampened confidence,” Ajit Mishra, SVP Research, Religare Broking, said.
Brent crude, the global oil benchmark, jumped 1.63 per cent to USD 82.73 per barrel.
From the Sensex pack, Tata Steel tanked 6.76 per cent, followed by Larsen & Toubro (4.53 per cent). Bajaj Finance, UltraTech Cement, NTPC, InterGlobe Aviation, Bajaj Finserv and Hindustan Unilever were also among the laggards.
Bharti Airtel, Infosys and Tech Mahindra were the gainers.The BSE smallcap select index tumbled 2.42 per cent and midcap select index dropped 2.10 per cent.
Among sectoral indices, metal plunged 4 per cent, BSE PSU Bank (3.50 per cent), industrials (3.29 per cent), realty (3.16 per cent), commodities (3.12 per cent), capital goods (2.64 per cent), power (2.59 per cent), services (2.25 per cent) and energy (2.23 per cent).
A total of 3,245 stocks declined, while 1,053 advanced and 135 remained unchanged on the BSE.
Asian markets ended with deep cuts. South Korea’s Kospi tumbled 12 per cent. Japan’s Nikkei 225, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index also ended significantly lower.
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