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Experts identify victims from one of history’s most ‘catastrophic’ Arctic disasters

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Around 180 years after Sir John Franklin’s doomed expedition to find the Northwest Passage ended in disaster, researchers have identified four additional crew members through DNA analysis.

The new research, shedding light on one of history’s most infamous Arctic tragedies, was led by researchers at the University of Waterloo in Ontario, Canada

The identified remains include William Orren, Able Seaman; David Young, Boy 1st Class; John Bridgens, Subordinate Officers’ Steward; and Harry Peglar, Captain of the Foretop on HMS Terror.

PARK RANGERS UNEARTH 200-YEAR-OLD SHIPWRECK ON REMOTE ISLAND DUBBED ‘GRAVEYARD OF THE ATLANTIC’

Franklin, a British explorer, brought 129 officers and crew members aboard HMS Erebus and HMS Terror in 1845 in an attempt to chart the Northwest Passage.

The vessels became trapped in ice near King William Island in Nunavut in September 1846 — and Franklin died in 1847.

Stenton analyzing site of remains next to portrait or Franklin

Researchers have identified four more crew members from the doomed expedition. Study co-author Douglas Stenton is shown at left during the excavation of bones; at right is Sir John Franklin, who set out to find the Northwest Passage beginning in 1845. (University of Waterloo; iStock)

In April 1848, the surviving crew abandoned the vessels and tried escaping on foot and by dragging boats across the Arctic terrain, but no one survived.

“All 105 died trying to escape,” the University of Waterloo said in a May 6 statement. Its study was published in the Journal of Archaeological Science: Reports in May.

MYSTERY SOLVED? RESEARCHER CHALLENGES LONG-HELD THEORY OF WHAT SANK SHACKLETON’S ENDURANCE IN ANTARCTIC ICE

“Remains of expedition members have been found on King William Island and the Adelaide Peninsula since the mid-19th century,” the researchers said. 

University of Waterloo anthropologists did DNA analysis of skeletal remains recovered from Franklin expedition sites, finding that the samples matched DNA donated by living descendants.

Split image of Franklin vessels stuck in ice, Stenton working at Arctic site

The Franklin expedition set sail in 1845 with 129 men aboard HMS Erebus and HMS Terror before disaster struck in the Arctic. (API/Gamma-Rapho via Getty Images; University of Waterloo)

Study co-author Stephen Fratpietro of Lakehead University compared DNA from the remains with living descendants and found exact genetic matches in all four cases.

These new discoveries bring the total number of identified sailors of the Franklin expedition to six, as researchers previously identified John Gregory in 2021 and Captain James Fitzjames in 2024.

RARE 16TH-CENTURY SHIPWRECK FOUND AT RECORD DEPTH IN FRENCH WATERS: ‘REMARKABLE DISCOVERY’

The journey to find the Northwest Passage was “dangerous for many reasons,” study co-author Douglas Stenton told Fox News Digital.

“The main threats came from the harsh Arctic environment: extreme winter cold, a short sailing season that could force the crew to overwinter, ice capable of crushing a ship, strain on the men’s physical and mental health, and the constant risk of death from illness or injury working under these conditions,” he said.

The Franklin expedition was “the largest and arguably best-equipped Arctic expedition of its time.”

Stenton said the DNA analysis process yielded several surprises — including the identification of Captain James Fitzjames in 2024, whose remains showed evidence of cannibalism.

“Captain Fitzjames is not the only member of the expedition whose body suffered that fate, but he is the only one who has been identified,” he said.

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Researchers were also amazed to find that five of the six identified sailors were discovered near two boats less than 1.25 miles apart along Erebus Bay, he said.

Researchers said Peglar’s identification was surprising because the body was dressed as a steward, leading some experts to believe the remains belonged to another man.

Split image of researchers working at Arctic site, sketch of deceased sailor

Researchers identified David Young, Boy 1st Class aboard HMS Erebus, through DNA analysis of remains discovered at Erebus Bay. (University of Waterloo; Diana Trepkov, Investigative Forensic Artist)

Stenton believes Peglar was dressed as a steward “because he had been demoted to that position due to misconduct.”

Stenton added, “A petty officer is an experienced sailor with important responsibilities. … Because of the clothing, many researchers assumed that Peglar had died and that the body was not his, but [rather] that of a friend who was a steward and who was carrying Peglar’s papers home to his family.”

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However, he said, “167 years after the discovery of the body, our research has conclusively disproven that theory.”

Extracting usable DNA from the remains was challenging because genetic material naturally deteriorates over time, even in Arctic conditions, Stenton said.

Depiction of Franklin sailors sitting in ice

Historians and researchers continue uncovering new details about the doomed Franklin expedition nearly two centuries after the disaster unfolded. (PHAS/Universal Images Group via Getty Images)

To improve their chances, scientists primarily analyzed teeth. The hard enamel can better preserve DNA after years of exposure to weather and the elements.

Stenton added that the Northwest Passage was so sought-after because it was viewed as a potential trade route between the Atlantic and Pacific oceans, offering faster access to markets in Asia.

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The Franklin expedition was also “the largest and arguably best-equipped Arctic expedition of its time,” he said, meaning that its success promised major prestige and pride for Britain.

Next steps include working with genealogists and descendants to identify more crew members, as well as potentially collecting additional archaeological DNA samples in the future.

Image of Franklin expedition vessels sailing in water

The Franklin expedition set sail in 1845 with 129 officers and crew members aboard HMS Erebus and HMS Terror in search of the Northwest Passage. (The Print Collector/Heritage Images via Getty Images)

Stenton said DNA research is helping scientists develop “a better understanding of the catastrophic loss of life,” while also providing some closure for families.

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“Just as importantly, the research both depends on and invites the participation of descendants of the men who never returned home, which feels especially fitting,” he said.

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Travelers to Europe may be leaving money on the table. Here’s why

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Shoppers enter and exit a Dior luxury boutique in Venice, Italy, on Nov. 16, 2025.

Michael Nguyen/NurPhoto via Getty Images

Travelers to Europe may be leaving money on the table when they buy goods there.

I learned this during a recent trip to Italy. My girlfriend, who bought a pair of shoes in Venice, was able to claim a refund on the value-added tax she paid on the purchase.

She ultimately got back 17 euros (US$20) on a total purchase of 155 euros (US$181).

Refunds of value-added tax, known as VAT, can be worth a “chunk of money” for U.S. travelers to Europe, depending on what they buy and in which country they purchase the item, said Sofia Markovich, a travel advisor and founder of Sofia’s Travel.

Late bookings and different destinations: travel impact of Iran war

Getting a few extra dollars back after a European vacation may help somewhat defray the higher cost of airfare resulting from the Iran war, and a euro-U.S. dollar exchange rate that has become less favorable in recent years.

However, we would have missed out had the Italian shopkeeper not asked whether we wanted the paperwork necessary to claim the refund later, which we did with relative ease at an airport kiosk in Rome.

Many times, stores don’t flag the option for customers, experts said.

“You have to remember to get [the paperwork] in the shop, because not every shop will remind you of it,” Markovich said. “You personally have to be proactive about it.”

For some, the additional hassle — which generally includes an extra stop at the airport — may not be worth it for lower-value items, said Sally French, a travel expert at NerdWallet.

“It’s a nice-to-have, but I’m not getting to the airport early to save $10,” she said.

‘Definitely worth it’ for luxury goods

People shopping in the city center of Bonn, Germany, on April 25, 2026.

Ying Tang/NurPhoto via Getty Images

Value-added taxes are a tax on domestic consumption, like retail sales taxes charged by U.S. state and local governments.

VATs are the most common type of consumption tax in the world, used by more than 170 countries worldwide.

European nations levy a range of VAT rates, which can also vary by product.

Standard VAT rates range from 8.1% in Switzerland to 27% in Hungary, according to the Tax Foundation.

Spain, for example, has a standard VAT rate of 21% but carries a lower rate for certain items, like 10% for sunglasses and 4% for books and magazines, according to Global Blue, a payments company that helps facilitate VAT refunds.

However, not all purchases qualify for a refund, experts said.

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For one, refunds are generally only meant for merchandise, and not for certain categories like hotels and meals, experts said.

Many countries also impose a minimum value on purchases to be eligible.

“Typically, you must ring up the minimum at a single retailer — you can’t add up purchases from various shops to reach the required amount — so if you’re doing a lot of shopping, you’ll benefit from finding one spot where you can buy big,” Rick Steves, a travel expert who has authored a series of guide books, wrote in an article about VAT refunds.

For example, countries like Greece and the Netherlands require that travelers spend at least 50 euros (US$58) at a retailer in order to claim a refund, according to Rick Steves’ Europe, a travel and tour company. In Italy, the minimum is 75 euros (US$88); France’s is 100 euros (US$117). In Switzerland, the minimum is 300 Swiss francs (US$384). Spain, on the other hand, doesn’t have a minimum.

Claiming the refund “is definitely worth it” for travelers buying luxury goods, like high-end fashion or jewelry, Markovich said.

“It can be in the hundreds of dollars back, or even thousands, depending on what you’re buying,” Markovich said. “I know people who go to Europe just to shop.”

Travelers also aren’t supposed to use their goods before leaving Europe, Steves wrote.

“If you show up at customs wearing your new Dutch clogs, officials may deny you a refund,” he wrote.

The refund process

Travelers at a refund shop at Adolfo Suárez Madrid-Barajas Airport in Spain, preparing to claim VAT refunds before their international flights.

Xavi Lopez/SOPA Images/LightRocket via Getty Images

There’s typically a multistep process to claim VAT refunds, experts said.

Participating merchants generally must fill out a refund document, and will need the traveler’s passport (or, sometimes, a photo of the passport) to do so, Steves wrote.

In most cases, travelers will need to then process those documents at their final stop in Europe, most likely the airport, Steves wrote.

“At some airports, you’ll have to go to a customs office to get your documents stamped and then to a separate VAT refund service, such as Global Blue or Planet, to process the refund,” Steves wrote. “At other airports, a single VAT desk handles the whole thing.”

Europe is still a hot destination for U.S. tourists, says Mastercard's Michelle Meyer

Refund services typically charge a fee — generally around 4% or so — so travelers likely won’t receive the VAT’s full value, Steves wrote.

Travelers should remember to process the documents at their last stop in the European Union, Steves said.

“So, if you buy sweaters in Denmark, pants in France, and shoes in Italy, and you’re flying home from Greece, get your documents stamped at the airport in Athens,” he wrote, adding, “And don’t forget: Switzerland, Norway, and Turkey are not in the EU, so if you shop in one of those countries, get your documents stamped before you cross the border.”

Tax free refunds line at Josep Tarradellas Barcelona-El Prat Airport in Spain.

Jeff Greenberg | Universal Images Group | Getty Images

Customs offices are sometimes located before airport security, and agents may ask to see travelers’ unused goods, he wrote.

The whole process was simple for us: It took about five minutes from start to finish at one digital kiosk at the airport in Rome, which we accessed just before the security checkpoint. Others will need to budget more time if they want to claim a refund, experts said.

In some countries, “there is a line, and then you have to budget extra time when you go to the airport to wait in that line,” said NerdWallet’s French.

“I’d question whether it’s worth spending time in the airport for,” she said. “It makes sense if you’re buying a $5,000 designer bag. But time is money, and it’s OK to skip on saving a couple dollars here and there for the time and work involved.”

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Unlikely hero Michael Sellwood produces match-saving mark as Dogs hold on against Pies

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The Western Bulldogs have held off a spirited Collingwood to hang on for a four-point victory in a thriller on Saturday night.

The Dogs led for nearly the entire night, but the Pies surged home late to nearly steal a famous win, only for unlikely hero Michael Sellwood to produce a stunning mark in the final minute.

WATCH THE VIDEO ABOVE: Michael Sellwood’s match-saving mark

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Will Lewis looked like being the hero when his goal put the Dogs up by 10 points with a couple minutes remaining, but there was still time for one final twist.

Tim Membrey cut the deficit to four with a quick snap to set up a thrilling finale.

The Pies had one final chance, but were thwarted by Sellwood, who went back with the flight and took a brilliant game-saving mark.

Sellwood hauled in a courageous match-saving mark.
Sellwood hauled in a courageous match-saving mark. Credit: Fox Footy

From that point, the Dogs controlled the ball to seal the win and improve their win-loss record to 7-5.

Arriving at the club via last year’s mid-season rookie draft, Sellwood was playing just the 12th game of his career.

“I just saw the ball and I was like ‘I really gotta go here and if I go, I gotta mark it’,” he told Fox Footy after the match.

“Luckily it stuck because (Pat) Lipinski probably would have got the ball. Glad it stuck and the rest is history.”

Captain Marcus Bontempelli wasn’t surprised the inexperienced teammate produced the clutch moment.

“It’s not a surprise. He’s become one of the more reliable players in our team with regards to his contest, his physicality,” he said.

“You can tell he has the desperation, getting drafted later (in life), not giving up on his opportunity and you can tell every week he is just relishing it.

“Stuff like that … in his first contest at his first training session he almost killed Liam Jones going back with the flight, and right then and there you knew what he was about.

“It was exactly like that play, head in the hole, no concern for his wellbeing or his body.”

The commentators were in awe of the incredible mark.

“What courage that takes to leave your man. If you don’t mark it, your man is likely sitting at ground level and will have a chence to win the game,” North Melbourne great David King said.

Matt Kennedy (29 touches), Ed Richards (24) and Ryley Sanders (28) shone for the Dogs, while Marcus Bontempelli (22 disposals, nine clearances) starred for three quarters before he was blunted by Angus Anderson late.

First-year key forward Lewis kicked three crucial goals, including the Dogs’ last of the match, while Richards, English and Lachlan McNeill kicked two each.

The result lifted the Bulldogs (7-5) to seventh and left Collingwood (5-6-1) in danger of slipping out of the top 10 by the end of the round.

The Magpies’ loss came despite the efforts of explosive midfielder Jordan De Goey, who was best afield with 30 disposals, 19 score involvements and one goal.

Nick Daicos (37 touches) and veteran Scott Pendlebury (33) — one week after breaking the all-time AFL/VFL games record — were also strong contributors for the Pies.

Tim Membrey kicked three goals, with Lachie Schultz and Anderson adding two each.

The Bulldogs had early ascendancy and kicked four of the first five goals, with Arthur Jones dangerous at ground level in attack.

They led by seven points at quarter-time and extended the margin to 17 by the main break.

It could, perhaps should, have been greater as the Dogs dominated the clearance (25-14) and inside-50 (32-18) counts to that point.

They were also denied a free kick seconds before the siren when Bontempelli was taken out by Brayden Maynard when running on to a loose ball in front of goal.

Collingwood slashed the margin to one straight kick midway through the third term, but the Dogs responded with three majors in six minutes to keep them at bay, leading by 24 points not long before three-quarter time.

The Pies lifted again, kicking the next three goals, and had a chance to tie the scores early in the final term when Schultz pushed a set shot wide.

A rollicking last quarter went down to the wire.

Lewis pounced to give the Dogs a 10-point lead, before Membrey gave Collingwood a sniff with his third goal with 85 seconds left on the clock.

But Sellwood was on hand to save the day for the Dogs with his courageous mark.

— with AAP

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The 7th China-CEEC Local Leaders’ Meeting and 2026 Shandong International Friendship Cities Cooperation and Exchange Week Successfully Held

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JINAN, China, May 30, 2026 /PRNewswire/ — From May 25 to 29, 2026, the 7th China–CEEC Local Leaders’ Meeting and 2026 Shandong International Friendship Cities Cooperation and Exchange Week, hosted by Shandong Provincial People’s Government, the Secretariat of Cooperation between China and Central and Eastern European Countries, and China-CEEC Association of Provincial Governors, was successfully held. More than 600 Chinese and international guests from 44 countries and 15 provinces, autonomous regions and municipalities across China gathered in Shandong to advance cooperation, share opportunities and shape the future together.

The 7th China–CEEC Local Leaders’ Meeting and 2026 Shandong International Friendship Cities Cooperation and Exchange Week
The 7th China–CEEC Local Leaders’ Meeting and 2026 Shandong International Friendship Cities Cooperation and Exchange Week

Under the theme “Shaping the Future Together,” the event featured 23 activities, including the Opening Ceremony, China–CEEC Local Leaders’ Dialogue, Governors’ Dialogue, High-Quality Development Promotion Session, and Business Matchmaking. The event further expanded all-round and targeted exchanges and cooperation between Shandong and CEECs as well as international friendship cities, promoting higher-level of mutually beneficial cooperation and coordinated development.

Several distinguished guests attended the opening ceremony and delivered remarks, including Ivan Stoilkovikj, Deputy Prime Minister and Minister for Inter-Community Relations of North Macedonia, Adrijana Mesarović, Deputy Prime Minister and Minister of Economy of Serbia, Marinko Čavara, Deputy Speaker of the House of Representatives of the Parliamentary Assembly of Bosnia and Herzegovina, and Mirsad Nurković, Vice-President of the Parliament of Montenegro. Activities such as friends talk and outcome release were also held, showcasing the achievements and opportunities of China–CEEC local cooperation as well as collaborations between Shandong and its international friendship cities, further enriching concrete outcomes and enhancing Shandong’s level of opening-up.

Klodiana Spahiu, Deputy Speaker of the Parliament of Albania, also attended related events.

The event demonstrated distinctive features of high-level engagement, diversity, practicality and coordinated development, playing an important role in deepening exchanges, expanding cooperation channels, empowering collaboration and achieving mutual benefit. Through the event, Shandong established friendly cooperative relations with Minsk Region of Belarus, the Ionian Islands Region of Greece, Maritime Region of Togo, and Jizzakh Region of Uzbekistan. Shandong’s international friendship network has now expanded to 93 pairs of friendship provinces and states, and 681 pairs of friendship cities across 109 countries. A series of celebration events were also held to mark Shandong’s friendship relations with South Australia and Connecticut, while projects such as the China–Greece Joint Laboratory on Smart Green Agriculture were launched.

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Airlines urge Trump administration not to curb international flights in feud over ‘sanctuary cities’

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United Airlines planes sit on the tarmac at Newark Liberty International Airport in Newark, New Jersey, on March 18, 2026.

Kena Betancur | AFP | Getty Images

Airline, hotel and other industry groups are urging the White House and top Trump administration officials to abandon a proposal that would cut off immigration processing at major airports, including Newark Liberty International Airport in New Jersey, a United Airlines hub.

United CEO Scott Kirby was set to discuss the proposal with Homeland Security Secretary Markwayne Mullin to convey the disruptions the policies could cause to travelers, according to two people familiar with the previously unreported call who spoke on condition of anonymity to talk about a private conversation.

Airlines for America, a trade association whose members include American AirlinesUnited Airlines and Delta Air Lines told White House officials this week that reducing Customs and Border Protection service at Newark, New Jersey’s airport would “create havoc” for U.S. citizens, which make up the bulk of the 20,000 passengers flying in internationally to the airport, according to a document that was seen by CNBC.

The document also said that if there is a bottleneck at Newark, a major connecting hub, “disproportionate impacts to US citizens will hit heartland America far more than Newark itself.” It also warned against the proposal, which could include impacts to other cities, and said it could curtail air cargo shipments.

Mullin said earlier this week on Fox News that the Trump administration was “drawing up plans” to potentially cut immigration and customs processing for international flights at U.S. airports in so-called “sanctuary cities,” which the government says are more lenient on immigration policies.

Such a plan could be intended to pressure leaders of cities to crack down on undocumented immigrants by threatening to impede air travel.

The White House didn’t immediately comment.

Mullin said in an interview on Fox News’ “Hannity” on Tuesday night said that if “radical left Democrats” aren’t allowing the government to “enforce federal laws … we shouldn’t be processing international flights into their cities either.” He said the administration hasn’t made a final plan or a decision on such a policy.

The Justice Department last August published a list of states and cities it said are impeding U.S. immigration policies, which include major international air hubs New York, Newark, Boston, Chicago, San Francisco, Los Angeles, Seattle and Philadelphia.

The proposal is being floated two weeks before the U.S., Canada and Mexico are set to host the FIFA Men’s World Cup, but it isn’t clear if the plan, if enacted, would take place before or during the tournament, which could derail travel for millions of people.

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XtalPi Receives Second Payment from DoveTree; First Oncology Asset Advances into IND-Enabling Studies

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BOSTON, May 29, 2026 /PRNewswire/ — XtalPi (2228.HK), an AI- and robotics- powered drug discovery platform, announced that its strategic collaboration with innovative biopharmaceutical company DoveTree Medicines Unus Inc. has achieved substantial progress, and that XtalPi has received the second payment under the agreement.

Since the two parties entered into a collaboration in June 2025 with a total possible aggregate value of up to US $5.99 billion if resulting in an approved product directed to each of the targets of interest to DoveTree, the partnership has made significant progress. All patents related to the pipeline from the initial upfront payment of US$51 million have now been fully transferred to DoveTree. One preclinical candidate (PCC) has advanced into IND-enabling studies. According to the agreement, XtalPi has now received the second payment of US$19 million. The two parties will further deepen discovery collaboration with agreed priorities and continuously accelerate translation from discovery to clinical development.

XtalPi’s proprietary dynamic conformation precision modeling platform uses quantum physics algorithms and AI-driven multiscale molecular simulations as dual engines. Rather than relying on static crystal structures, it simulates more complete processes of a target protein’s conformational dynamics in a physiologically relevant environment at atomic-level precision. This allows the platform to accurately capture transiently exposed allosteric sites and PPI interfaces that traditional methods often miss, providing high-resolution structural insights that guide molecular design with both speed and accuracy.

Meanwhile, XtalPi’s integrated drug discovery platform—combining AI, physics-based design, and automation-driven synthesis and optimization—seamlessly connects molecular virtual screening with physical synthesis, accelerating the feedback loop between design and validation. Based on structural information generated by the dynamic conformation model, XtalPi has established predictive models for protein complexes used in hit compound screening, enabling highly efficient virtual screening. High-potential molecules with superior drug-like properties are then evaluated for synthesizability and synthetic routes by the company’s proprietary SureRXN reaction prediction model, after which a fleet of automated robotic workstations conduct parallel synthesis and activity testing, forming a high-throughput closed-loop iteration of “Design–Make–Test–Analyze” (DMTA).

This system can synthesize and test 3,000–4,000 novel molecules within 2–3 months, with a synthesis success rate consistently above 80%. Even when facing entirely new targets with extremely limited prior data, the platform can rapidly accumulate high-quality empirical data within a very short timeframe, continuously driving algorithm optimization and molecular evolution. This end-to-end capability — from mechanistic insight to physical delivery — brings historically intractable targets onto a significantly de-risked preclinical development trajectory, with the potential to accelerate their transformation into clinically actionable assets.

The momentum of the XtalPi–DoveTree collaboration programs is built on the strengths of both partners: DoveTree brings deep expertise in target biology, translational medicine, and modality innovation, while XtalPi is redefining the efficiency and scalability of molecular discovery through AI and automation.

The combined strengths of the two companies not only enable new drug discovery programs to advance rapidly from initiation to the clinic, but also ensure that these programs address high unmet medical needs by tackling highly validated, difficult-to-drug targets with clear paths to clinical translation and commercialization.

XtalPi is eligible to receive future milestones and royalties, allowing the long-term value of its AI platform to be realized through pipeline expansion and advancement.

Dr. Gregory Verdine, Founder and CEO of DoveTree, stated:

“XtalPi has built an impressive platform operating at the convergence of AI, physics-based molecular design, and automation-driven synthesis and optimization. These integrated capabilities have the potential to improve both the speed and quality of discovery efforts against challenging biological targets. We are pleased with the progress of the collaboration to date and look forward to advancing additional programs toward clinical development.”

Dr. Wen Shuhao, Chairman of XtalPi, stated:

“Our collaboration with DoveTree continues to generate verifiable results. This not only validates the advantages of our technological pathway, but also gives us strong conviction as we scale the pipeline. XtalPi has already established a complete closed loop from target discovery to PCC across multiple real-world R&D projects. Our focus now is on systematically extending this approach to a broader set of high-value targets, delivering innovation with a higher probability of success for the industry, and pushing the boundaries of what can be achieved in drug discovery.”

About DoveTree Medicines

DoveTree is an innovative biopharmaceutical company focused on developing first-in-class therapies for diseases with significant unmet clinical needs. The company was founded and is led by scientist and entrepreneur Dr. Gregory Verdine, and leverages deep insights into biology together with advanced artificial intelligence technologies to explore novel therapeutic approaches and accelerate the development of transformative medicines. DoveTree is named after the Davidia involucrata — also known as the Dove Tree — a rare ancient plant native to Yunnan, China. The company integrates the frontier R&D innovation and mature pharmaceutical market of the United States with China’s rapidly emerging R&D ecosystem and innovative pipeline assets, like the beautiful and flourishing “Dove Tree,” bringing new hope to human health.

About XtalPi

XtalPi Holdings Limited (“XtalPi,” HKEX: 2228) was founded in 2015 by physicists from the Massachusetts Institute of Technology (MIT). The company is a technology platform focused on quantum physics–based and AI-driven innovation in drug and materials discovery. By integrating quantum physics, artificial intelligence, cloud computing, and large-scale automation, XtalPi provides research and development solutions and services to global pharmaceutical, materials science, consumer products, energy, and advanced chemicals industries.

Source: XtalPi Inc.

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AMTD’s Successful Completion of Acquisition of The Ritz-Carlton, Perth, Valued at A$280 Million

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PARIS and NEW YORK and LONDON, May 29, 2026 /PRNewswire/ — AMTD Group Inc. (“AMTD Group”), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD), and The Generation Essentials Group (“TGE”, NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc., (collectively, “AMTD”) jointly announce the successful completion of TGE’s acquisition of 50% interests in The Ritz-Carlton, Perth, Australia, for a total consideration of US$72 million (A$100 million), with the property valued at US$201 million (A$280 million).

Located in Perth, the vibrant capital of Western Australia, The Ritz-Carlton, Perth is the centrepiece of the Elizabeth Quay development on Perth’s waterfront. Perched on the edge of the Swan River, the hotel offers unobstructed views of the river, the city skyline, and surrounding urban parks through floor-to-ceiling windows. This irreplaceable location underpins the property’s compelling long-term appreciation potential.

The hotel comprises 205 luxury rooms, a restaurant and lounges, a bar, a spa, an infinity pool, a fitness centre, and versatile event spaces. As the 100th Ritz-Carlton hotel globally, the property holds strong symbolic significance within the brand’s portfolio.

Australia is a market of special significance to AMTD. The AMTD Group was founded in 2003 with involvement from the Commonwealth Bank of Australia. Building on this history, AMTD is delighted to further strengthen its presence in Australia through this landmark acquisition.

The completion of this transaction represents another important strategic milestone in the expansion of TGE’s hospitality portfolio. Upon closing, AMTD’s hospitality portfolio now totals nearly 1,000 rooms, further reinforcing its expanding footprint and long-term commitment to the global hospitality space.

About AMTD Group

AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.

About AMTD IDEA Group

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions conglomerate group, connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as “Twitter”) at @AMTDGroup.

About AMTD Digital Inc.

AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group, AMTD Digital and/or The Generation Essentials Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group with the SEC. All information provided in this press release is as of the date of this press release, and none of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group undertakes any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

For AMTD IDEA Group:
IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com 

For AMTD Digital Inc.:
IR Office
AMTD Digital Inc.
EMAIL: ir@amtdigital.net 

For The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: ir@tge.media 

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Ancient burial reveals rare jewelry find that archaeologists call ‘highly unusual’

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Archaeologists in Sweden recently stumbled on a “highly unusual” find — two rare neck rings believed to be more than 2,500 years old, buried inside an ancient grave monument.

Arkeologerna, a Swedish archaeological consultancy, announced the discovery earlier in May.

The jewelry was found by archaeologists in Marby, near the city of Norrköping in eastern Sweden.

‘WELL-PRESERVED’ 5,000-YEAR-OLD DOG BURIED WITH BONE DAGGER UNEARTHED IN ANCIENT BOG

The discovery site “looks like an ordinary wooded hillside in the sun,” officials said.

“Over the past few weeks, archaeologists have investigated parts of a larger archaeological landscape east of Norrköping, containing graves, rock carvings and settlement remains from the Late Bronze Age (c. 1100–500 BC),” Arkeologerna said in a statement.

Split image of wendel rings, archaeologists smiling

Archaeologists have uncovered two rare Bronze Age neck rings buried inside an ancient grave monument near Norrköping, in eastern Sweden. (Arkeologerna)

“At the time, the area was located beside a bay close to the sea. The excavation is being carried out ahead of planned housing development in the area.”

Officials said the rings were likely buried as ritual offerings thousands of years ago.

They’ve been identified as wendel rings, which are a “rare type of bronze ornament dating to the final phase of the Bronze Age,” the statement noted.

LATE BRONZE AGE SETTLEMENT DATING BACK 3,000 YEARS UNCOVERED AMID ROAD WORK: ‘IMPORTANT DISCOVERY’

“They are characterized by their twisted form, where the cast bronze alternates between right- and left-handed twists,” officials said.

Wendel rings are “relatively rare finds,” said excavation leader Alf Ericsson.

“At least in ritual contexts, men have also been able to wear neck rings.”

“They are often discovered in hoards together with other objects, typically in wetlands such as bogs or marshes,” he said in a statement.

“But finding two neck rings placed together inside a grave monument containing burials is extremely unusual — perhaps unique.”

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Both pieces of jewelry are “well preserved,” said Ericsson, though the more ornate ring “is in better condition than the other.”

The excavation leader told Fox News Digital that the better-preserved ring is “broken in half.”

View of neck ring embedded into grave

Experts said neck rings from the Bronze Age were commonly associated with women, though men may have worn them in rituals. (Arkeologerna)

“This break was likely made during the Bronze Age, probably as part of the ritual process,” he said.

He also said that it’s “highly unusual” to find these sorts of neck rings in a burial context in Sweden.

The excavation marks “the first time this has been documented in a modern archaeological context,” he noted.

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Ericsson said the neck rings were typically associated with women, though historical depictions suggest men may have worn them as well.

“At least in ritual contexts, men have also been able to wear neck rings,” he said.

The expert added that archaeologists also found “several deposits of cremated human bones,” which are undergoing analysis.

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“We never expected to find anything like this,” Ericsson said. “We still haven’t fully taken it in.”

Though officials are still learning more about the site, they believe the graves “belonged to a complex and symbolically rich culture.”

Split image of two wendel rings

The bronze ornaments were discovered in a larger archaeological landscape containing graves, settlements and ancient rock carvings. (Arkeologerna)

“Archaeologists also uncovered house remains and investigated two burnt mounds built up from fire-cracked stones,” Arkeologerna’s statement said.

The discoveries are part of a string of major archaeological finds announced in Sweden over the past year.

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Last year, a person digging for fishing worms in Stockholm County found a cauldron filled with medieval rings, pendants and several thousand coins.

At around the same time, archaeologists found the remains of a forgotten 16th-century city beneath modern-day Gothenburg.

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Ollie Dempsey denied clear goal after AFL’s mid-season change to ARC rules

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A mid-season rule-change has already come back to bite the AFL, with Geelong winger Ollie Dempsey denied a clear goal. 

And with the game decided by two points in a major upset victory for Carlton, Dempsey’s score could have been match-defining.

WATCH THE VIDEO ABOVE: AFL score review rule-change backfires

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Dempsey kicked two goals in the first quarter of his side’s clash with Carlton on Friday night, and should’ve had a third if not for the behind that was called when he cleverly shinned a ball from the goal line to register the first score of the game.

The goal umpire — former player and fan favourite David Rodan — was impeded by Carlton’s Blake Acres, who made accidental contact with him from behind, but still made the definitive call that the ball came off hands.

Any contact below the knee is considered a kick, and an ARC review would have found that Dempsey clearly guided the loose ball onto his lower leg and awarded him a goal.

It was a clear miss that should have, at the very least, been sent upstairs to the ARC — particularly given Rodan was off-balance, through no fault of his own, when he made the call.

But the correct outcome would have still been reached if not for a rule-change after Round 7, when almost a minute of play unfolded before the ARC ruled that a St Kilda behind should have been a mark to Rohan Marshall on the goal line.

Ollie Dempsey should have been awarded a goal for this effort.
Ollie Dempsey should have been awarded a goal for this effort. Credit: Channel 7

In the wake of that incident, the AFL changed the rule so that could no longer intervene on an incorrect call once the ball was back in play.

Before Round 7, an incident like Friday night’s would have been stopped at the next stoppage and a goal awarded to Dempsey.

“The AFL justified the (Marshall) decision but said you simply cannot be doing that 55 seconds later and made the rule-change that umpires, once the ball’s back in play, cannot call it back, the ARC can’t call it back, and that the goal umpire must call for the review,” Xander McGuire said at half-time of the Geelong-Carlton clash.

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The Points Guy’s Brian Kelly on summer travel season, 2026 World Cup and top credit cards

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Brian Kelly, The Points Guy founder, joins ‘Squawk Box’ to discuss the upcoming summer travel season, impact of higher jet fuel prices, 2026 World Cup, top credit cards, and more.

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3 hours ago

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