Scientists at King Abdullah University of Science and Technology (KAUST) have provided conclusive evidence that the Red Sea completely dried out about 6.2 million years ago, before being suddenly refilled by a catastrophic flood from the Indian Ocean. The findings put a definitive time on a dramatic event that changed the Red Sea. Using seismic…
For years, researchers have puzzled over how the ancient people of Rapa Nui did the seemingly impossible and moved their iconic moai statues. Using a combination of physics, 3D modeling and on-the-ground experiments, a team including faculty at Binghamton University, State University of New York, has confirmed that the statues actually walked – with a…
By Reuters Published October 8, 2025 The Italian government cannot intervene in a future sale of a stake in the luxury fashion house Armani using its “golden powers,” even if a deal involved a foreign company, Italy’s industry minister told Reuters. Armani’s succession blueprint limits Rome’s power over stake sale – Reuters “Armani doesn’t fall…
Published October 8, 2025 On the surface, the latest set of accounts from Fred Perry (Holdings) look disappointing with turnover falling. But an increase in profits underlines the firm’s focus on profitable sales during 2024. Fred Perry The business owns and manages the Fred Perry, Lavenham, and George Cox brands and operates retail stores in…
By AFP Published October 8, 2025 India and Mexico could become new drivers of growth for the Swiss watch industry, which has been impacted by U.S. tariffs and weakening demand in China, according to a report from Deloitte, announced on Wednesday. Swiss watch industry sees growth potential in India and Mexico, Deloitte says – Divulgação…
By Reuters Published October 8, 2025 U.S. tech giant Amazon plans to invest 1 billion euros ($1.16 billion) in Belgium from 2025 to 2027, Belgian business newspaper L’Echo reported on Wednesday. Amazon plans $1.16 billion investment in Belgium by 2027, L’Echo reports – Reuters The company stated that it will develop infrastructure and strengthen its…
Translated by Nazia BIBI KEENOO Published October 8, 2025 By launching its integrated Instant Checkout payment tool in the United States, ChatGPT (OpenAI) now allows users to purchase products directly within its platform. The move marks a significant milestone in how generative AI can reshape online shopping and challenge traditional search-engine-driven commerce models. Shutterstock A…
The Nobel Prize for Chemistry has been awarded to Susumu Kitagawa, Richard Robson, and Omar M Yaghi for their work on metal organic frameworks. The announcement was made by the Royal Swedish Academy of Sciences at a news conference in Stockholm, Sweden. The three winners will share prize money of 11 million Swedish kronor (£872,000)….
Translated by Nazia BIBI KEENOO Published October 7, 2025 The Golden Goose Arena has opened in Milan: a true temple to padel within CityLife Park, created in collaboration with the luxury sneaker brand and featuring nine courts, lounge areas, and retail spaces, totaling more than 3,000 square meters. “The project required an eight-figure investment,” explained…
By Bloomberg Published October 7, 2025 Kering SA shares soared to the highest level in almost 15 months after Morgan Stanley analysts crowned the Gucci owner as their top pick among European luxury stocks. Kering soars on Morgan Stanley upgrade as luxury stocks rebound – Reuters The team led by Edouard Aubin upgraded the Paris-based…
