Facing a severe shortfall in dues from member states, the World Meteorological Organization (WMO) has announced a sweeping internal review of its priorities, operations and staffing. As of the end of August 2025, unpaid assessments amount to approximately 48 million Swiss francs — roughly two-thirds of its annual budget. That sum includes more than 30…
Every year, as clocks move forward in spring and back in autumn, billions experience what seems like a harmless ritual — a one-hour shift in time. Yet scientists increasingly warn that this annual disruption does far more than confuse schedules. It unsettles the body’s biological rhythms, alters sleep patterns, heightens cardiovascular risks, and even affects…
Becle, the Mexican spirits giant and world’s largest tequila producer, has stunned global markets with a near fivefold surge in quarterly profit, cementing its dominance in an industry grappling with currency volatility, trade uncertainties, and shifting consumer preferences. The maker of Jose Cuervo, 1800, and Maestro Dobel tequilas reported a net profit of 4.13 billion…
Europe’s luxury giants are cautiously watching for signs of life in China’s consumer market after nearly two years of subdued demand. While early indicators suggest a modest rebound in spending among affluent Chinese shoppers, industry leaders from LVMH and Hermès to L’Oréal are hedging their bets, wary of declaring a full recovery amid persistent economic…
In recent months, a growing number of large firms across technology, finance and services have cited artificial intelligence as the justification for sweeping job cuts. At first glance, the narrative seems to underscore the transformative power of automation—but a deeper analysis suggests that AI is increasingly serving as a convenient cover for broader restructuring strategies,…
Gilead Sciences’ antibody–drug conjugate (ADC) Trodelvy has demonstrated a 38 percent reduction in disease progression risk in patients with triple-negative breast cancer (TNBC), one of the most aggressive and treatment-resistant forms of the disease. The findings, presented at a major European oncology meeting, mark one of the most significant therapeutic advances for this subtype in…
The United States has asserted that India has halved its imports of Russian crude oil, signaling what it calls a major diplomatic success in curbing Moscow’s wartime revenues. Yet, on-the-ground data, refinery orders, and industry sources in New Delhi present a very different picture — one of steady purchases, rising import volumes, and no official…
Luxury fashion brands are reimagining what it means to be “exclusive” — and in Asia, the new definition often includes coffee, soft-serve ice cream, and immersive spaces designed to inspire social media sharing rather than quiet elegance. From Coach’s “chili crab” ice cream in Singapore to Ralph Lauren’s upscale cafés and Louis Vuitton’s experimental dining…
Nestlé, the world’s largest packaged food producer, has surprised markets with stronger-than-expected sales and volume growth in its first quarterly results under new Chief Executive Officer Philipp Navratil. The company’s return to organic growth has injected confidence among investors after months of leadership turmoil and lagging performance, signaling that a strategic shift focused on innovation,…
The European Union’s landmark decision to fine Gucci, Chloé, and Loewe a combined €157 million marks a turning point for the luxury fashion industry. Behind the glamour and exclusivity, regulators have found a pattern of commercial manipulation — one that maintained the illusion of price stability while quietly constraining competition. The European Commission’s investigation revealed…
