Author: staff
Published on 17/06/2026 – 12:44 GMT+2 Munich-based carmaker BMW AG is forecasting a “significant” decrease in its pre-tax profit this year, largely due to weakening demand in China and the impact of the Middle East crisis. BMW, owner of the BMW, MINI, Rolls-Royce and BMW Motorrad brands, cited worsening market conditions and the cost of restructuring measures in a profit warning issued on Tuesday. The announcement sent its shares down more than 7% in Europe on Wednesday morning. “BMW shares hit the brakes after guiding for a big drop in profits,” said Russ Mould, investment director at AJ Bell. “The…
Jeff Bezos took the stage at VivaTech in Paris on Wednesday to make the case that humanity must move to the moon and eventually beyond, not just for the sake of exploration but to save the planet from the effects of technology and industry. Speaking alongside Blue Origin chief executive Dave Limp in a session moderated by former NASA astronaut Mike Massimino, the Amazon founder and Blue Origin executive chairman argued that shifting heavy industry off Earth is the only scenario in which economic growth and environmental preservation can coexist. “[Our] garden planet can be returned to its pre-industrial revolution…
The next wellness tourism destination isn’t in Switzerland, Thailand, or even Bali – it’s in Saudi Arabia. Part of the Red Sea Global megaproject, AMAALA is set to feature nine luxury resorts from big names like Clinique La Prairie, Equinox and Nammos once complete. While you’ll still have to wait a while for many of these brands to open, you can now book in for a stay at Four Seasons Resort and Residences AMAALA at Triple Bay. Located on the Kingdom’s northwestern Red Sea Coast, the new property is around a two-hour drive from Shura Island, Red Sea Global’s other…
Published on 17/06/2026 – 14:00 GMT+2 For Antoni Gaudí, completing the Sagrada Familia was always a matter of time, not of imagination. He knew exactly what the six central towers should look like. What he did not know was that, more than a century later, technology would prove him right. The towers have now been completed, just in time for the centenary of the architect’s death. But behind this visual milestone there is a main player no one would expect in a cathedral of such scale: an adhesive. Specifically, Loctite EA 9497 from Henkel (source in Spanish), the product that…
The longer-term trend still shows a decrease: Since 2015, the bloc’s greenhouse gas emissions have fallen by 17 percent. Last year’s emissions also remain just below 2023 levels. But the latest data shows that the EU’s emissions-slashing efforts have slowed in recent years. That’s despite pollution from the power sector steadily declining as more and more renewables come online, suggesting that the EU now needs to boost efforts to run sectors such as transport and heating on clean electricity rather than fossil fuels. The European Commission is expected to present a bloc-wide electrification target next month. A significant part of…
Published on 17/06/2026 – 13:36 GMT+2•Updated 13:42 England begin their 2026 World Cup group stage with a crunch fixture against long-time nemesis Croatia on Wednesday, as Thomas Tuchel’s side look to take early control of Group L. England come into the game as favourites, with talisman striker Harry Kane once again set to lead the line. The Three Lions also boast strong options in midfield, with Real Madrid’s Jude Bellingham and Arsenal’s Declan Rice contenders to start for former Chelsea manager Tuchel. The German’s squad selection caused some controversy when it was announced in May, but he has stressed his…
By Alice Galliott Published on 17/06/2026 – 13:08 GMT+2 In Buenos Aires, Argentina supporters gathered to watch the defending champions begin their 2026 FIFA World Cup campaign with a convincing 3-0 victory over Algeria. Fans dressed in the national team’s blue and white colours filled a fan zone, singing and waving flags as captain Lionel Messi delivered a memorable performance. The Argentine star scored all three goals, completing a hat-trick before leaving the field in the 79th minute. Each goal was met with loud cheers from the crowd, while the final whistle sparked celebrations among supporters dreaming of another World Cup…
Published on 17/06/2026 – 12:55 GMT+2•Updated 13:05 The era of Chair Warsh begins in earnest this Wednesday, as US President Donald Trump’s pick to run the Fed presides over his debut rate decision and steps before the cameras for his first press conference in the role. Few economists anticipate dramatic action on day one, but the meeting carries unusual weight for what it might reveal about the months ahead. Policymakers are expected to hold the benchmark rate steady at a target range of 3.50% to 3.75%, which would mark the fourth consecutive meeting without a move. The committee cut 25…
Social media is the world’s leading news source across all groups, overtaking conventional news sources for the first time, according to a sweeping report from Oxford University in the United Kingdom. The Digital News Report, published Tuesday, asks 100,000 news consumers in 48 countries about where they get their information and while social media has been on the rise as an information source among young people for years, the report notes that this is the first time it has become a major source in all markets for all ages. Fifty-four percent of the survey’s respondents said they used social media…
“Liz Truss put literally nobody in her government who hadn’t supported her leadership campaign,” said the former chief whip quoted above. “So the Conservative parliamentary party turned into a government of people who had backed her, and everybody else. If you do that it leaves a camp of people who will set out their alternative stalls, and the leadership contest will continue.” The former No. 10 aide advised the next Labour leader: “Don’t humiliate people. Always treat them with respect. Even if you beat them.” Timpson, noting that the personal mandate of a new leader will be “written in sand,”…