In a significant development for Canadian higher education, Dr. Andrew P Dean of Lakehead University sheds light on the transformative impact of Canada’s recent membership in Horizon Europe. This initiative not only positions Canadian universities at the forefront of international research but also provides unprecedented opportunities for collaboration, innovation, and funding. Horizon Europe, the European […]
USask breaks record with highest-ever annual research funding
The University of Saskatchewan (USask) has reached a remarkable achievement, securing the highest amount of research funding in a single year in its history. This milestone not only reflects the institution’s commitment to advancing knowledge and innovation but also highlights its significant role in contributing to economic growth and societal advancements. With a focused approach […]
Saudi Wealth Fund Offers to Boost Stake in Selfridges
Saudi Arabia’s Public Investment Fund (PIF) has signaled a significant move in the retail landscape by proposing to increase its stake in Selfridges, the iconic British department store, to 50%. Currently holding a 10% interest, PIF seeks to acquire an additional 40% for a cash price of £1 million (approximately $1.3 million) from Signa’s flagship […]
Nvidia develops China-specific AI chips amid tightening US export controls
Nvidia is making significant moves in the competitive landscape of artificial intelligence (AI) hardware by developing chips specifically tailored for the Chinese market. As the United States continues to impose tighter export controls on advanced technologies, Nvidia’s focus on China underscores the company’s strategic pivot to uphold its dominance in AI chip manufacturing. In a […]
Kering, LVMH and Hermès Confront Luxury’s ‘Underconsumption’ Problem
Luxury brands are currently facing significant challenges amid a slowdown in consumer spending, particularly in key markets such as China. Kering, LVMH, and Hermès are preparing to release their second-quarter results, and analysts predict disappointing performances. LVMH may report a modest 3 percent growth, but this is a stark contrast to the high expectations set […]
Inside LuisaViaRoma’s Flashy New York Bet
LuisaViaRoma, the esteemed Italian retailer, has made an ambitious leap into the heart of New York City with a grand new store in the trendy NoHo neighborhood. This 16,500-square-foot flagship is not just a retail space; it’s a carefully curated experience designed to captivate the city’s fashion-savvy clientele. The store features high ceilings, sleek black […]
