Seeking to Reduce Gucci Dependence, Kering Created a Debt Problem In the world of luxury fashion, few brands command the same level of prestige and influence as Gucci, a powerhouse under the umbrella of the French conglomerate Kering. However, in recent years, Kering’s heavy reliance on Gucci for the majority of its profits has raised […]
US scientists’ breakthrough model can predict underwater landslides to keep oil rigs safe
US Scientists’ Breakthrough Model Can Predict Underwater Landslides to Keep Oil Rigs Safe Researchers in the U.S. have come up with a new method that could potentially predict underwater landslides, ensuring the safety of oil rigs and other infrastructure located in vulnerable areas. This groundbreaking model, developed by a team of scientists at a leading […]
West Lothian schools hit by ransomware attack
West Lothian Schools Navigate Ransomware Attack Crisis West Lothian, Scotland, recently found itself at the mercy of a malicious ransomware attack that targeted the IT systems of 143 schools and nurseries. The brazen attack sent shockwaves through the educational community, prompting swift and decisive action to mitigate the potential fallout. As news of the cyber […]
Coinbase hit by breach and SEC probe ahead of S&P 500 entry
Coinbase Hit by Breach and SEC Probe Ahead of S&P 500 Entry Coinbase, the leading cryptocurrency exchange platform, has recently found itself in the eye of the storm as it faces the aftermath of a significant breach and a looming investigation by the U.S. Securities and Exchange Commission (SEC). This turbulent period comes at a […]
Gemini wins EU approval for crypto derivatives
Gemini Wins EU Approval for Crypto Derivatives Gemini, the renowned cryptocurrency exchange founded by the Winklevoss twins, has recently achieved a significant regulatory feat in the European Union. The platform has secured approval to launch a new array of financial products, including perpetual futures and other derivatives tailored for advanced traders across Europe. This milestone […]
Jeweller Pandora Trims 2025 Profitability Guidance, Warns of US Tariff Impact
Pandora, the renowned jeweler known for its exquisite charm bracelets, has recently made headlines by adjusting its profitability guidance for the year 2025. The company, which has been a staple in the jewelry industry for years, is now expecting a profit margin of around 24 percent, a slight decrease from its initial estimate of 24.5 […]
New Hampshire allows public fund allocation to Bitcoin
New Hampshire Pioneers in Allocating Public Funds to Bitcoin In a groundbreaking move that showcases a forward-thinking approach to financial management, New Hampshire has recently passed a new law that allows for up to 10% of public funds to be allocated to high-cap cryptocurrencies such as Bitcoin. This decision marks a significant shift in traditional […]
Coty Cuts Annual Profit Forecast
Coty Cuts Annual Profit Forecast: What’s Next for the Beauty Giant? Coty, the global beauty company known for its wide range of cosmetic and fragrance brands, recently announced a downward revision of its annual profit forecast. The news sent ripples through the market, with the company’s shares falling about 2 percent in extended trading. This […]
Nvidia opens new quantum research centre in Boston
Nvidia Leads the Way in Quantum Computing with New Research Center in Boston Nvidia, a global leader in AI technology, is making significant strides in the realm of quantum computing with the establishment of a cutting-edge research center in Boston. The tech giant’s foray into quantum research marks a pivotal moment in the intersection of […]
Report highlights growing cyber risks to aviation
Navigating the Skies: Addressing the Growing Cyber Risks in Aviation The aviation industry is no stranger to challenges, from fluctuating fuel prices to ever-evolving safety regulations. However, one issue that continues to loom large is the growing threat of cyber risks. A recent report has shed light on the vulnerabilities faced by the aviation sector, […]