• 3 wonderful ASX dividend shares I’d buy with $3,000 right now

    Man holding a calculator with Australian dollar notes, symbolising dividends.

    Defensive ASX dividend shares can be a great option for passive income because of their ability to deliver consistent profits and reliable payouts.

    That doesn’t necessarily mean they’re going to increase their payouts every single year, but I think each of the names I’m going to highlight can grow their payout in FY26 and the longer-term.

    If I had $3,000 to invest, I’d happily put $1,000 into each of the following names.

    Centuria Industrial REIT (ASX: CIP)

    This business is a real estate investment trust (REIT) which owns a portfolio of appealing industrial properties across Australia. These buildings are located in compelling metropolitan areas where the vacancy rate is very low.

    There are strong tailwinds for industrial property demand including ongoing e-commerce adoption and data centres, as well as population growth.

    The REIT’s fund manager Grant Nichols recently said:

    CIP continues to achieve strong outcomes across its portfolio relating to leasing, capital transactions and value add initiatives. The ability to deliver these results is credited to CIP’s portfolio being concentrated in Australia’s urban infill markets where tenant demand is strongest, vacancy is low and supply is constrained. These urban infill assets provides multiple future opportunities for alternative, higher-use developments such as data centres and residential schemes.

    I think this bodes well for future rental income growth in the coming years.

    The ASX dividend share expects to pay a distribution per unit of 16.8 cents in FY26, which translates into a distribution yield of 5% at the time of writing.

    Coles Group Ltd (ASX: COL)

    The supermarket business offers a defensive set of earnings considering the essential nature of what it sells. Currently, the company is delivering strong sales growth in the mid-single-digits (and higher single digit sales growth excluding tobacco sales), outperforming Woolworths Group Ltd (ASX: WOW).

    Pleasingly for income-focused investors, the business has increased its payout each year in the last six months.

    According to the projection on Commsec, Coles is forecast to pay an annual dividend per share of 78.8 in FY26. That’s a potential grossed-up dividend yield of 5.2%, including franking credits.

    With a rising population, an expanding network of supermarkets, new advanced warehouses and an expanding range of own brand products, Coles shares look like a good long-term investment.

    Australian Foundation Investment Co Ltd (ASX: AFI)

    AFIC is a listed investment company (LIC). It’s the biggest and one of the oldest around.

    I like the diversification that this LIC can provide because of the dozens of businesses that it owns in the portfolio.

    Some of its largest holdings include BHP Group Ltd (ASX: BHP), Commonwealth Bank of Australia (ASX: CBA), CSL Ltd (ASX: CSL), Macquarie Group Ltd (ASX: MQG), Wesfarmers Ltd (ASX: WES) and Transurban Group (ASX: TCL).

    Shareholders of this business haven’t seen any ordinary dividend cuts this century – it has provided significant stability for income-focused investors.

    The ASX dividend share is currently trading at a discount of around 10%, making it look to me like an appealing time to buy.

    It has a trailing ordinary grossed-up dividend yield of 5.3%, including franking credits, at the time of writing.

    The post 3 wonderful ASX dividend shares I’d buy with $3,000 right now appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Coles Group Limited right now?

    Before you buy Coles Group Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Coles Group Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL, Macquarie Group, Transurban Group, and Wesfarmers. The Motley Fool Australia has positions in and has recommended Macquarie Group, Transurban Group, and Woolworths Group. The Motley Fool Australia has recommended BHP Group, CSL, and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Rob Reiner’s son Nick said making a movie with his dad about his addiction struggles ‘didn’t fix everything’

    Rob Reiner and Nick Reiner sitting in chairs
    (L-R) Rob Reiner and son Nick Reiner.

    • Business Insider spoke to Rob Reiner and his son Nick Reiner in 2016.
    • Their film, "Being Charlie," is based on Nick's battle with drug addiction.
    • On Monday, Nick was arrested in connection with the deaths of his parents, Rob Reiner and Michele Singer Reiner.

    The sudden deaths Sunday of legendary director Rob Reiner and his wife, Michele Singer Reiner, reverberated through Hollywood. Now, the arrest of Reiner's son Nick on Monday on a murder charge in connection with his parents' deaths is shedding new light on the internal struggles of the famous family.

    Business Insider spoke with Nick Reiner and Rob Reiner in 2016 while attending the Toronto International Film Festival, where the pair were premiering their movie "Being Charlie," which is based on Nick's experiences with drug abuse.

    The movie focuses on 18-year-old Charlie (Nick Robinson) as he struggles with addiction to heroin and cocaine. As Charlie jumps in and out of rehab, the aggravation of his actor-turned-politician father ("Princess Bride" star Cary Elwes) grows, as he struggles to figure out how to help his son.

    Nick Robinson standing on a street
    Nick Robinson in "Being Charlie."

    Nick began working on the script with a fellow addict, Matt Elisofon, while spending four years at a Los Angeles rehab facility. After the script was rejected as a TV series, Nick and Elisofon turned to Rob to come on and direct it as a feature film.

    Nick told Business Insider at the time that working with his father on a film about his struggles with addiction and their relationship as a family was complicated but healing.

    "It was a real corrective emotional experience," Nick told Business Insider in 2016 of watching his movie premiere at TIFF.

    "I relied on him," Rob said of his son. "He's the heart and soul of the film."

    Rob Reiner and Nick Reiner.
    Rob Reiner's son, Nick Reiner (R), has been taken into custody following the deaths of Rob Reiner (L) and his wife.

    The movie had a blink-and-you-miss-it release, playing in four theaters for one week in May 2016.

    "We were healing as we were going along," Nick said in 2016. "And it all doesn't happen overnight. Certain things we hadn't dealt with for a while, but we were able to through this movie. It didn't fix everything, but it really tapped into — "

    Nick paused to find the words, then his father, sitting across from Nick, finished for him.

    "It forced me to really have to understand what he had been going through for a long time," Rob said.

    Read the original article on Business Insider
  • Money lessons from generational family businesses

    We spoke with three families who told us what it really takes to inherit and keep a family business alive. They run a decades-old Chicago barbecue sauce brand, a Greek bakery, and one of the last fabric-flower businesses in New York.

    (Sponsored by Edward Jones)

    Read the original article on Business Insider
  • I’ve visited all 50 states. There are 7 cozy cities I always tell people to visit during the winter months.

    Emily stands in the middle of a street lined with shops in Park City, Utah.
    Park City, Utah, is one of my favorite US cities to visit in the winter.

    • After traveling to all 50 states, I've come across some charming cities to visit in the winter.
    • Healdsburg, California, and Aspen, Colorado, feel especially magical during the holidays.
    • I also love visiting Park City, Charleston, and Boulder for cozy winter vibes.

    When it comes to winter travel, there's nothing quite like visiting a picture-perfect town with charming local shops, friendly faces, and festivals for every occasion.

    After visiting all 50 states, I've discovered that some cities feel like Hallmark movies in real life — especially during the holidays. Here are some of my favorites to visit for cute winter vibes.

    Boulder, Colorado, is full of cozy shops and restaurants.
    Emily takes a selfie in front of trees with Christmas lights on a street lined with stores and mountains in the background.

    As a Boulder resident, I may be biased, but this Colorado city feels made for a Hallmark movie. Downtown, the pedestrian-only Pearl Street is lined with local shops, cozy restaurants, and every outdoor-gear store you could imagine.

    During the holidays, the streets twinkle with colorful lights, and frequent festivals, art markets, and a festive parade bring the town to life.

    Towering above it all, the Boulder Star on Flagstaff Mountain — a massive illuminated landmark visible from miles away — casts a magical glow over the city, making the season feel truly special.

    Healdsburg, California, is stunning during the holidays.
    Emily poses in a tunnel of Christmas lights.

    Healdsburg, California, is one of my favorite small towns in the country.

    The downtown area is perfectly walkable with boutique shops, tasting rooms, and cozy cafés centered around a gorgeous town square.

    I especially love visiting during "Merry Healdsburg," the tree-lighting event where Santa appears, the whole town comes out, and there are carriage rides, live music, and a holiday market.

    Throughout the season, various holiday events and decorations create a storybook winter wonderland at every turn.

    Aspen, Colorado, feels like a winter wonderland.
    Emily holds a drink and stands in front of a snow polo match with mountains in the background.

    I love visiting Aspen, Colorado, year-round, but the holidays have a way of making the whole town feel magical.

    I always enjoy wandering the pedestrian-only streets, with charming (and upscale) shops and restaurants against the dramatic mountain backdrop. Plus, there are plenty of opportunities to ski.

    Each year, I make it a point to watch the Snow Polo Championship, which spectators can easily access from downtown Aspen. Whether you attend as a ticket holder or a free spectator, it's a truly unique holiday experience.

    Park City, Utah, truly feels like the set of a Hallmark movie.
    A snowy main street in Park City, Utah.

    I love visiting Park City during the holidays. There's something special about seeing the snowy streets and lights while walking along the historic Main Street, with its charming Western shops and upscale restaurants.

    Skiing in the area adds to the magic, and all the festive decorations and seasonal events make it feel like the perfect winter escape.

    Charleston is beautifully decorated during the holiday season.
    A huge Christmas tree made out of lights in Charleston.

    In my opinion, there's nothing quite like visiting Charleston during the holiday season.

    Strolling along the Battery and getting lost along the historic cobblestone streets of the French Quarter and South of Broad, I'm surrounded by pastel-colored homes, wrought-iron balconies, and beautifully decorated architecture that looks like it was made for a holiday scene.

    The cozy shops, cafés, and hidden courtyards add to the magical atmosphere. I love shopping for holiday gifts, stopping into special Christmas pop-up shops, and admiring the over-the-top decor and festive lights that seem to cover every surface downtown.

    Bayfield, Wisconsin, is a quaint town with cozy Midwestern vibes.
    The exterior of a bookstore and pub decorated for Christmas in Bayfield, Wisconsin.

    Situated on the shores of Lake Superior, Bayfield, Wisconsin, is filled with historic brick storefronts, cozy cafés, and local boutique lodging, all with a welcoming Midwestern vibe.

    During Christmas in Bayfield, twinkling lights line the streets, local shops host craft markets, and festive events make the harbor area feel friendly, magical, and almost surreal.

    Vail, Colorado, is a must-visit during the holiday season.
    Emily stands on an elevated platform with an ice rink below and mountains in the background.

    This brings the total to three Colorado towns on my list, but Vail is worth it. With twinkling lights lining the European-inspired architecture, cozy shops, and mountain views around every corner, visiting seemingly transports me to the scene of a movie.

    I love the festive energy around the ice skating rink, where families and friends gather. Plus, I always have to stop by the Four Seasons for an elevated cup of "haute chocolate."

    Read the original article on Business Insider
  • The best 8 movies Rob Reiner directed during his career

    When Harry Met Sally Billy Crystal Meg Ryan
    When Harry Met Sally

    • Rob Reiner leaves a legacy on the big screen, thanks to classic movies like "When Harry Met Sally…" and "A Few Good Men."
    • He and his wife died of an apparent homicide in their Los Angeles home on Sunday. He was 78.
    • Here are the eight movies that define his career.

    Rob Reiner leaves behind a body of work that won't soon be forgotten.

    From comedies such as "When Harry Met Sally…" and "The Princess Bride" to classic Stephen King adaptations like "Stand by Me" and Misery," Reiner's storytelling mastery delivered some of the most memorable movies released in the 1980s and 1990s. And I didn't even mention the gripping drama "A Few Good Men."

    Here are eight of Reiner's most memorable films.

    "This Is Spinal Tap" (1984)
    Rob Reiner and Christopher Guest sitting around guitars
    (L-R) Rob Reiner and Christopher Guest in "This Is Spinal Tap."

    Being the son of Carl Reiner, a pioneer in onscreen comedy, and having acted in variety shows for most of his youth, eventually playing Michael "Meathead" Stivic on "All in the Family," throughout the 1970s, Reiner never had a problem being on screen.

    It made him the perfect straight man opposite Christopher Guest, Michael McKean, and Harry Shearer in this comedy, which he also directed, about a fake band going on tour.

    Essentially creating the mockumentary genre with the movie, Reiner plays a director named Marty Di Bergi who chronicles the US tour of the English rock band Spinal Tap.

    The movie went on to become a cult classic. Guest has since taken the mockumentary reins, going on to create his own classics, such as the 2000 film "Best in Show" and the 2003 film "A Mighty Wind."

    "Stand by Me" (1986)
    corey feldman, jerry o'connell, river phoenix and wil wheaton in stand by me
    "Stand by Me."

    Reiner adapted Stephen King's novella "The Body" for his sophomore directing effort and demonstrated that he can do much more than comedy.

    This coming-of-age tale about a group of friends who set out to look for a dead body made stars out of its lead characters — Corey Feldman, Jerry O'Connell, River Phoenix, and Wil Wheaton — and decades later, you can find many similarities in the character development in Netflix's "Stranger Things."

    "The Princess Bride" (1987)
    mandy patinkin princess bride
    "The Princess Bride" was directed by Rob Reiner.

    Shifting to the fantasy genre, Reiner crafted a love story that has only grown in popularity.

    Cary Elwes plays Westley, a swashbuckler determined to reconnect with his true love, played by Robin Wright, who is a princess set to be married.

    Along the way, Elwes teams with the likes of Mandy Patinkin, Andre the Giant, and Billy Crystal to complete his quest.

    "When Harry Met Sally…" (1989)
    Billy Crystal, Rob Reiner, Meg Ryan on the set of "When Harry Met Sally..."
    Billy Crystal, Rob Reiner, Meg Ryan on the set of "When Harry Met Sally…"

    Reiner collaborated with screenwriter Nora Ephron to make one of the greatest romantic comedies ever.

    From the fake orgasm in the diner scene to the romantic conclusion when Harry (Billy Crystal) finally professes his love to Sally (Meg Ryan) on New Year's Eve, any rom-com that has worked since is because it has used elements that originated in "When Harry Met Sally…."

    "Misery" (1990)
    james caan and kathy bates in misery
    "Misery."

    A year later, Reiner would once more turn to Stephen King to prove he can do more than comedy.

    James Caan plays a novelist who is held captive by an obsessive fan played by Kathy Bates.

    The movie would be a sensation and lead to Bates winning an Oscar, marking the only time an Oscar has been awarded to a King adaptation.

    "A Few Good Men" (1992)
    tom cruise a few good men
    Jack Nicholson, Demi Moore, Kevin Bacon, and Kiefer Sutherland also star.

    Aaron Sorkin adapted his 1989 play for Reiner's next movie, which would go on to be nominated for four Oscars, including best picture.

    With an all-star cast that includes Tom Cruise, Jack Nicholson, Demi Moore, Kevin Bacon, and Kiefer Sutherland, this courtroom drama focuses on a hotshot attorney (Cruise) trying to exonerate two Marines charged with the murder of another Marine.

    The movie concludes with a showdown between Cruise and Nicholson, playing the Colonel at the base where the murder took place, that is highlighted by the now-famous movie line by Nicholson: "You can't handle the truth!"

    "The American President" (1995)
    michael douglas in the american president
    Michael Douglas in "The American President."

    Reiner and Sorkin would team up again for this lighthearted political drama, in which Michael Douglas plays a widowed President of the United States who falls for a lobbyist, played by Annette Bening.

    The movie went on to be the spirit animal for Sorkin's beloved series "The West Wing," which aired from 1999 to 2006.

    "Albert Brooks: Defending My Life" (2023)
    Albert Brooks and Rob Reiner sitting at a table
    (L-R) Albert Brooks and Rob Reiner in a scene from "Albert Brooks: Defending My Life."

    One of Reiner's final directing efforts was this documentary on his good friend, Albert Brooks.

    Reiner, who is also in a lot of the movie speaking with Brooks, recounts the comic's legendary career from being the go-to stand-up comic for Johnny Carson to becoming a renowned director himself ("Real Life," "Modern Romance," "Defending Your Life," "Mother").

    Read the original article on Business Insider
  • Nick Reiner wrote a movie about being in rehab. His famous dad Rob Reiner made it into a movie.

    beingcharlie
    "Being Charlie."

    • Rob Reiner and his wife, Michele, died on Sunday in an apparent homicide.
    • This son, Nick, has been charged in connection with their deaths.
    • In 2016, Business Insider interviewed Rob and Nick about their movie, "Being Charlie," which is based on Nick's past drug addiction.

    Editor's note: Business Insider published an interview with Rob Reiner and his son Nick Reiner in May 2016 about their movie, "Being Charlie," which Nick wrote and is based on his experiences with drug addiction. On December 15, 2025, Nick Reiner was arrested one day after his parents, Rob Reiner and Michelle Singer Reiner, were found dead in their Los Angeles home.

    For the last 30 years, Rob Reiner has been best known for directing movies like “Stand by Me,” “The Princess Bride,” “When Harry Met Sally,” and “A Few Good Men.” The titles have brought joy to millions.

    But the Reiner household hasn't been all happy. The legendary actor/filmmaker’s son, Nick, 22, has been battling drug abuse since his late teens.

    Most families would want to keep that part of their lives as hidden from public view as possible. But Reiner admits that, even at the darkest moments of his son’s addiction, he thought of making a movie. Yet it was too painful to put pen to page and begin a script.

    Rob Reiner Evan Agostini Invision AP
    Rob Reiner.

    Interestingly enough, his son came to the same realization as a means to rehabilitate.

    While at a rehab center in Los Angeles four years ago, Nick befriended fellow addict Matt Elisofon. The two began writing about their challenges with addiction and the people they met at rehab. Eventually they came up with a script for the movie “Being Charlie” (in theaters Friday), which they asked Rob to direct.

    The film had its world premiere at the Toronto International Film Festival last September to a sold-out crowd.

    It’s a mix of drama and comedy that focuses on an 18-year-old named Charlie (played Nick Robinson of “Jurassic World” fame) as he struggles with addiction to heroin and cocaine. As Charlie jumps in and out of rehab, the aggravation of his actor-turned-politician father (Cary Elwes) grows, and he doesn’t know how to help his son.

    “It was a real corrective emotional experience,” Nick Reiner told Business Insider following the TIFF screening about making the movie.

    It took “Being Charlie” four years to get to the screen (in that time Nick has been sober), evolving from a half-hour comedy, then an hour dramedy that was rejected by the TV networks, to finally a feature film.

    According to Rob Reiner, what the project lacked in its early development was telling both the father's and son's sides.

    “It needed what he has been through but also what we had been through,” Rob told Business Insider, referring to himself and his wife, Michele, who was sitting beside him.

    Michele Rob Jake Romy Nick Reiner Evan Agostini Invision AP
    Michele, Rob, Jake, Romy, and Nick Reiner.

    Nick and Elisofon were by Rob’s side throughout filming. According to Rob, the script was tweaked daily to make the scenes more true to life.

    “I relied on him,” Rob said of his son. “He’s the heart and soul of the film.”

    One of the biggest adjustments came while shooting the film’s ending, in which Charlie and his father finally have a heart-to-heart.

    Rob and Nick couldn’t find the right tone. After constant rewrites, they finally felt they had something a few days before shooting the scene. It’s a gripping moment when both the father and son open up to each other like they never have before.

    The Reiners compare getting the ending right to the whole experience making the film.

    "We were healing as we were going along," Nick said. "And it all doesn’t happen overnight. Certain things we hadn’t dealt with for a while but we were able to through this movie. It didn’t fix everything, but it really tapped into — "

    Nick paused to find the words, then his father, sitting across from Nick, finished for him.

    "It forced me to really have to understand what he had been going through for a long time," Rob said.

    This story was originally published on May 16, 2016. It has since been updated.

    Read the original article on Business Insider
  • What a rising Aussie dollar means for your ASX shares

    A young woman uses an application in her smart phone to check currency exchange rates in front of an illuminated information board.

    One of the most dramatic changes we have seen on financial markets over the past month has not come from the ASX, nor from ASX shares, but from the Aussie dollar.

    Less than a month ago, one Australian dollar was buying about 64.5 US cents, a level common to have seen over the past 12 months. But as it stands today, that same Aussie dollar will fetch 66.45 US cents. That’s a rise of about 3% in just a few weeks.

    That’s not even the highest the Aussie has gotten in the last week, either. On Friday, the local currency reached as much as 66.7 US cents – close to a 52-week high.

    These might not seem like newsworthy moves. But a rising dollar has profound impacts on many things in our economy. Let’s talk about those today.

    How does a rising Aussie dollar affect ASX shares?

    Currency movements don’t directly impact all ASX shares. But they do have secondary effects that filter down into most corners of the economy. The largest impact of a rising dollar on the economy is on imports and exports. Put simply, if the dollar strengthens in value against other currencies, it makes our imports cheaper and our exports more expensive.

    That means that a rising dollar helps any company that imports goods into Australia to sell to us. Conversely, it hurts the bottom line of any ASX share that sends goods overseas for sale in other markets.

    As such, if I were a shareholder in ASX shares like JB Hi-Fi Ltd (ASX: JBH), Harvey Norman Holdings Ltd (ASX: HVN), Ampol Ltd (ASX: ALD), or Wesfarmers Ltd (ASX: WES), I would be cheering the Aussie dollar’s rise. These companies habitually buy goods like televisions, refrigerators, furniture, refined petroleum (in Ampol’s case), electronics and appliances and, in Wesfarmers’ case, almost any consumer goods you can think of, from countries that specialise in cheap manufacturing. That’s usually China, but also markets like Vietnam, Korea, and Thailand.

    If the Aussie dollar rises, as it has been doing, the cost of buying these goods wholesale falls. Those savings can either be banked by the company or passed on to consumers as lower prices. That’s good news for shareholders, either way.

    Cheaper petrol and diesel, assuming no underlying change in the oil price itself, is also a potential net benefit for the entire economy.

    However, the dollar is a double-edged sword. If I owned shares of BHP Group Ltd (ASX: BHP), Fortescue Ltd (ASX: FMG), or any other ASX share that exports internationally, I would be eyeing off the rising dollar with trepidation. Just as it lowers the cost of importing goods, the rising Aussie dollar increases export costs. A tonne of iron ore, for example, is sold in US dollars, and then the profits are brought home in Aussie dollars. This rise in our local dollar means that those US dollars are worth fewer Aussie dollars when swapped over.

    Foolish Takeaway

    The profitability of ASX shares can be, and is, affected by what happens with our dollar. With interest rate cuts seemingly accelerating in the United States, and with our own RBA hitting pause, it’s well worth keeping an eye on this space in 2026. We might see the Aussie dollar go even higher next year.

    The post What a rising Aussie dollar means for your ASX shares appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Ampol Limited right now?

    Before you buy Ampol Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Ampol Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor Sebastian Bowen has positions in Wesfarmers. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Wesfarmers. The Motley Fool Australia has positions in and has recommended Harvey Norman. The Motley Fool Australia has recommended BHP Group and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Ukrainian drones struck a Russian oil platform in the Caspian Sea for the third time in a matter of days, security source says

    Oil platforms operated by Lukoil company are seen at the Korchagina oil field in the Caspian Sea, Russia, October 17, 2018. Picture taken October 17, 2018.
    A Ukrainian security source said Kyiv has targeted Russian oil facilities in the Caspian Sea in recent days.

    • Ukraine's long-range drones struck a Russian oil platform in the Caspian Sea, a security source said.
    • It's the third time in a matter of days that Ukraine has attacked oil platforms in this area.
    • The attacks mark a new chapter for Ukraine as it expands strikes on Russia's energy sector.

    Ukraine has hit Russian oil platforms in the Caspian Sea with long-range drones three times in a matter of days, a security source told Business Insider on Monday.

    In the most recent attack, drones struck a platform at the Korchagin oil and gas condensate field, causing damage at the facility and forcing it to halt production, said the source in the Security Service of Ukraine, who was only authorized to speak anonymously to discuss sensitive military developments.

    The drone attack is the latest against Russia's energy sector, a critical source of income for Moscow that helps fuel its war efforts in Ukraine. Kyiv has ramped up its deep-strike campaign on key oil and gas facilities and is now targeting infrastructure in the Caspian Sea, hitting activities there for the third time in less than a week.

    The source in the SBU, Ukraine's main internal security agency, said that drones struck the Filanovsky oil production platform last Thursday, marking the first time Kyiv had caused damage to Russian oil infrastructure in the Caspian Sea.

    The following day, Ukrainian drones struck the Filanovsky platform again and also hit the Korchagin platform. The SBU source said that the attacks caused damage at both facilities and forced a suspension of operations.

    The platforms are owned by Lukoil-Nizhnevolzhskneft, a subsidiary of the Russian energy giant Lukoil. The company did not immediately respond to a request for comment on the drone attacks. Additionally, neither Russia's defense ministry nor its US embassy responded to requests for comment.

    A Ukrainian sea drone shows the Dashan, a tanker part of Russia's so-called "shadow fleet", being struck by another sea drone in the Black Sea, December 10, 2025, in this picture obtained from a video.
    Ukraine has expanded its attacks against Russia's energy sector.

    The SBU source said that the agency is working to deny Russia the critical revenue from its energy sector, which helps finance the war in Ukraine. They said that the Filanovsky deposit is one of Russia's largest, with an estimated 129 million tons of oil.

    "No Russian object working for the war is safe regardless of its location," the source said, according to a translation of their remarks shared with Business Insider.

    The repeated targeting of the two Caspian Sea oil platforms appears to signal a new shift for Ukraine as it continues to strike Russian oil and gas infrastructure.

    For months, Ukraine has mostly carried out attacks against oil refineries, ports, and other facilities across Russia. However, in recent weeks, Kyiv has expanded these operations beyond land and intensified its strikes on maritime targets.

    Just before the three strikes in the Caspian Sea, Ukraine used its naval drones packed with explosives to attack three tankers allegedly belonging to the Russian "shadow fleet," a collection of hundreds of vessels that Moscow uses to move oil and circumvent sanctions on its energy exports.

    Ukrainian officials have described the campaign against the Russian energy sector as "long-range" sanctions. The deep-strike campaign has been a bright spot for Kyiv in this war as Moscow's forces continue to make slow but costly gains on the battlefield.

    Meanwhile, Ukraine has repeatedly urged its international partners to do more to prevent Russia from exporting oil and earning cash to fuel its invasion.

    Read the original article on Business Insider
  • Ukraine says it just carried out the first-ever underwater drone strike on a Russian submarine

    The moment a Ukrainian drone causes an explosion in the Russian port city of Novorossiysk.
    Ukraine said it carried out an underwater drone attack on a Russian submarine.

    • Ukraine's internal security agency said it used an underwater drone to damage a Russian submarine.
    • The agency described the attack as a first, potentially signaling a new chapter in drone warfare.
    • Ukraine has long been using naval drones to target Russian surface ships.

    Ukraine carried out a first-of-its-kind attack on a Russian submarine using underwater drones, Kyiv said on Monday, revealing a new use for its explosive-packed uncrewed systems.

    The Security Service of Ukraine, or SBU, said it executed a "unique special operation" using an underwater drone to strike a Russian Kilo-class submarine at the Black Sea port Novorossiysk, damaging and disabling the boat.

    The SBU, Ukraine's main internal security agency, disclosed that the attack involved the employment of its "Sub Sea Baby" drones, which appear to be an underwater version of the Sea Baby naval drone Ukraine uses to target Russian surface vessels and port infrastructure.

    The SBU said in a statement that the submarine was equipped with four launchers for Kalibr cruise missiles, which Russia regularly fires at Ukrainian cities.

    The security agency did not specify when the operation took place, but it said it was carried out in coordination with the Ukrainian navy. The SBU published footage that appears to show the moment the underwater drone impacted the submarine, causing a large explosion.

    Neither Russia's defense ministry nor its US embassy immediately responded to requests for comment.

    The Kilo-class submarines are diesel-electric boats that have been in service since the 1980s. Russia has dozens of active subs, which make up one of the largest submarine fleets in the world.

    Russian Navy's diesel-electric Kilo class submarine Rostov-on-Don sails through the Bosphorus Strait on the way to the Black Sea past the city of Istanbul on February 13, 2022.
    A Russian Kilo-class submarine on the way to the Black Sea.

    The SBU said a Kilo-class submarine costs around $400 million, but the agency added that sweeping international sanctions would make it notably more costly for Russia to build a replacement.

    The submarine attack marks the latest against Russia's naval force in the Black Sea. Since the start of the war, Ukraine has employed drones and missiles to damage and destroy dozens of warships and other vessels.

    The asymmetrical campaign has forced Russia to relocate the bulk of its battered Black Sea Fleet from the long-held headquarters on the occupied Crimean peninsula across the region to Novorossiysk. However, Ukraine has demonstrated it can target Russian ships there as well.

    The SBU said on Monday that the damaged submarine was in Novorossiysk due to the Ukrainian operations that drove the Russian Navy away from Crimea earlier in the war.

    More significantly, the submarine attack appears to signal a new chapter in drone warfare. Ukraine has used naval drones, such as the Sea Baby, to strike Russian surface ships and used underwater drones to target Russia's "shadow fleet" vessels moving oil and circumventing sanctions.

    However, a strike on a submarine with what has been likened to a slow-moving mine or torpedo suggests an expansion of Ukrainian capabilities.

    Beyond Ukraine, Russia and NATO countries have actively developed their own underwater drone technology as militaries look to augment traditional naval capabilities with more uncrewed systems.

    Read the original article on Business Insider
  • I went to Royal Caribbean’s private island in the Bahamas. It’s not for me, but I can see why cruise-goers love it.

    A composite image of the author in her snorkeling gear and a view of CocoCay from above
    Business Insider's reporter went to Perfect Day at CocoCay on her first cruise with Royal Caribbean.

    • Royal Caribbean has a private island in the Bahamas called Perfect Day at CocoCay. 
    • The island has thrilling activities, relaxing beaches, and underwater adventures.
    • I went for the first time in 2022. While I found it fun, I longed for a more authentic port stop.

    At first glance, it may seem like Perfect Day at CocoCay has something for everyone. Royal Caribbean's 125-acre private island in the Bahamas is filled with thrilling adventures and relaxing beaches for vacationers.

    You'll find overwater cabanas, quiet places to chill, and shorelines bumping party music. Adrenaline seekers can also experience gigantic waterslides, zip lines, and hot air balloon rides.

    I visited CocoCay during my first cruise aboard Royal Caribbean's Wonder of the Seas in May 2022. Although it felt like an extension of the ship, I longed for a more authentic Bahamian experience.

    Welcome to Perfect Day at CocoCay, Royal Caribbean's 125-acre private island in the Bahamas.
    Perfect Day at CocoCay island with hot air balloon and water slides seen from above with clear blue waters surrounding it and partly cloudy skies behind

    Royal Caribbean isn't the only cruise line with a private island in the Bahamas. Carnival, Disney, and Norwegian each have their own Bahamian paradise.

    CocoCay is only accessible to cruisers on Royal Caribbean ships.
    Two cruise ships docked at CocoCay on a partly-cloudy day with blue skies

    CocoCay was the final stop of my seven-night Caribbean cruise.

    The ship sailed out of Fort Lauderdale, Florida, and also stopped in Roatán, Honduras, as well as Cozumel and Costa Maya, Mexico.

    As Royal Caribbean guests step onto the island, a band greets them with Caribbean tunes.
    Band plays under a hut at CocoCay

    I thought the band set the chill, Caribbean vibe as I walked off the dock.

    Most attractions on the island, including the food and many of the pools and beaches, are complimentary to cruise guests.
    Poeple order from the Snack Shack at CocoCay with a blue awning above and clear blue skies above

    Guests could munch on the island's burgers, hot dogs, salads, and cookies. 

    But some exciting features cost extra, like the waterpark.
    side-by-side photos show ziplining (L) and the hot air balloon at CocoCay (R)

    Other excursions, such as zip-lining, snorkeling, and hot air balloon rides, also incurred an additional price.

    The island is easy to navigate, thanks to maps, signage, and color-coded paths.
    A red path with a sign on the left directing guests at CocoCay on a partly-cloudy day

    Green leads to Chill Island, orange leads to Oasis Lagoon, and blue leads to Thrill Waterpark.

    To get around, walk or ride a free tram to different parts of the island.
    The tram station with palm trees on a partly cloudy day at CocoCay with blue skies

    I thought the tram was a nice touch, but I preferred getting around on foot.

    If you're a vacationer looking to relax, head to Chill Island, which is free to access.
    People walk through entrance to Chill Island at Coco Cay on a partly cloudy day

    Chill Island is the place to spend a laid-back day in a lounge chair in the sand. It has no music, making it the quietest beach on CocoCay. The beach is lined with umbrellas and chairs, all of which are free to use.

    If you want more privacy, you can rent a daybed on the beach.

    There are also over-the-water cabanas.
    Floating cabanas at the beach in CocoCay with clouds in the background

    These floating cabanas cost $1,000 to rent when I visited.

    Of course, there is a swim-up bar offshore.
    People at a swim-up bar in CocoCay in the ocean with cloudy skies in the background

    Cruise ship drink packages extend to CocoCay.

    For a more active beach day, check out South Beach on the other side of the island.
    People play life-size pool and volleyball at CocoCay with palm trees in the background

    Here, you'll find plenty of outdoor activities, like basketball, volleyball, and even life-size billiards. 

    Both beaches offer complimentary amenities, including life vests.
    A sign says "Cleaned and ready for you" above a rack of blue life vests on the beach at CocoCay with palm trees and cloudy blue skies in the background

    This could be especially useful for families traveling with kids.

    Both beaches have snorkeling shacks. I was able to rent gear for $37.
    The author goes snorkeling at CocoCay

    I went snorkeling at Chill Island and saw some pretty cool fish.

    The beaches have several shops that sell souvenirs.
    Shops in the sand between palm trees at CocoCay on a partly-cloudy day

    I spotted T-shirts and essentials, such as sunscreen, for sale.

    If you prefer the pool over the beach, head to Oasis Lagoon.
    A pool with five small fountains at the entrance at CocoCay with palm trees and cloudy blue skies in the background

    It is home to the largest freshwater pool in the Caribbean, according to the cruise line. The pool features several inviting coves and upbeat music. There's also a swim-up bar.

    Next to Oasis Lagoon is Splashaway Bay, a water playground for children.
    People walk around Splashaway bay at CocoCay on a partly cloudy day

    The playground resembles the Splashaway Bay found on Royal Caribbean ships. It is free for guests.

    Next door is Thrill Waterpark, where you'll find the waterslides for the "big kids."
    Several colorful waterslides at CocoCay with with palm trees between them and ocean waters in the background

    This area of the island hosts all the waterslides and the wave pool. When I visited, access cost up to $140.

    Thrill-seekers also gravitate toward the hot air balloon ride that reaches 450 feet into the air.
    The hot air balloon on CocoCay from above with palm trees surrounding it and clear ocean waters in the background

    When I was on the island, it cost up to $84 per person, but unfortunately, the winds were too high for the balloon to be used.

    Back on the ship, I quickly took in a panoramic view of CocoCay before departing.
    The edge of CocoCay seen from above with clear ocean waters in the foreground and background

    I could see some of the other 700 Bahamian islands in the distance, and I wondered what it would be like to visit them.

    While I had a fun and relaxing day at CocoCay, it felt more like an extension of the cruise ship than a visit to a foreign country.
    Thrill Waterpark (L) and the author in front of the shore at the beach in CocoCay

    Since I'm not into the thrills of waterslides and zip lines, I would have rather spent time on a Bahamian island where I could have learned more about the culture.

    But for those looking for a resort-style destination, CocoCay has it all. From sports to peaceful beaches, the island is sure to fulfill all your vacation desires.

    Read the original article on Business Insider