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Author: 5hspx
What was my grandmother's house like? The first time I really thought about it, I was overcome with jealousy for what I didn't inherit, what I couldn't inherit. I was 26 and spending my summer in New York interning at a feminist news site (before most people knew what that meant, or Teen Vogue-level coolness). A wonderful editor, Corinna, invited me and a fellow intern to her house in the Berkshires. I didn't understand why she invited us to come over for the weekend, not just for dinner, because I was 26 and in New York for the summer and…
In a recent study published in Nature Medicine, researchers projected the number of heatstroke deaths by age and sex across Europe up to 2023. They also calculated the number of deaths that have been mitigated by societal adaptation to rising temperatures since 2000. Study: Heatstroke mortality in Europe in 2023 and the role of adaptation to protect health. Image credit: aleks333/Shutterstock.com background Climate change is causing significant health impacts around the world, with Europe set to experience its hottest ever recorded temperature in global history and its second hottest ever recorded temperature in Europe in 2023. The world is likely…
Hyderabad: Hangover prevention wellness brand Himalaya PartySmart has teamed up with actor Aditya Roy Kapur as its brand ambassador, marking a significant milestone in reaching out to more consumers and promoting health and responsible choices. Himalaya Party Smart is a single-serving herbal supplement that supports liver function and prevents hangovers and can be taken before, after or during drinking, making it easier for adults to socialize responsibly. Known for his on-screen charm and versatility, Aditya Roy Kapur perfectly embodies the ethos of Himalayan PartySmart. His wide appeal makes him a natural advocate for the brand's message of celebrating responsibly while…
Younger, the fashion brand known for investing in everything, is back in real estate after a brief return to the fashion industry. This time, the brand has launched a rather ambitious project: building China's first sustainable lifestyle retail space on Shanghai's iconic Middle Huaihai Road. Currently called HAI550 because of its location at 550 Middle Huaihai Road, the site was a theater in the 1930s and a cinema in the 1950s, before becoming the world's first Barbie flagship store in 2009. The space spans eight floors and more than 7,000 square meters. There are no retail spaces on the ground…
World's largest sovereign wealth fund posts $138 billion in first-half profit as AI demand boosts tech – NBC New York
Nikolai Tangen, CEO of Norges Bank Investment Management, said on Wednesday that equity investments delivered “very strong” returns in the first half of the year. “The results were mainly driven by technology stocks due to growing demand for new artificial intelligence solutions,” Tangen said in a statement. Norway's giant sovereign wealth fund said on Wednesday its first-half profit reached 1.48 trillion kroner ($138 billion), driven mainly by strong gains from investments in technology stocks. The world's largest sovereign wealth fund, the so-called Government Pension Fund Global, said its value reached 17.75 trillion kroner at the end of June. The fund's…
Norway's central bank, Norges Bank, is pictured here on Tuesday, Oct. 17, 2023 in Oslo, Norway.Bloomberg | Bloomberg | Getty ImagesNorway's giant sovereign wealth fund said on Wednesday its first-half profit reached 1.48 trillion kroner ($138 billion), driven mainly by strong gains from investments in technology stocks.The world's largest sovereign wealth fund, the so-called Government Pension Fund Global, said its value reached 17.75 trillion kroner at the end of June.The fund's overall six-month return was 8.6%, 0.04 percentage points below the return of the benchmark index.Nikolai Tangen, CEO of Norges Bank Investment Management, said on Wednesday that equity investments had…
SoundHound AI shares soar on acquisitions and strong revenue growth. Is it too late to buy shares?
The Amelia acquisition could be a game changer. SoundHound AI (SOUN -3.29%) shares were strong last week after the company reported solid second-quarter revenue growth and a significant transaction. A transformative acquisition SoundHound's strong second-quarter results were overshadowed by an acquisition it announced before the company reported its results: It was buying enterprise artificial intelligence (AI) software company Amelia for $80 million in cash and stock, as well as assuming Amelia's debt and receiving future earnouts if it hits certain revenue targets. Amelia is known for its conversational and generative AI platform that powers customer service, employee onboarding and back-office…
Under the alliance, LTTS will provide Shell with integrated engineering and procurement services. Credit: T. Schneider/Shutterstock. UK oil and gas major Shell has entered into a long-term framework agreement with L&T Technology Services (LTTS), an Indian company offering engineering and digital services. Under the alliance, LTTS will provide Shell with integrated engineering and procurement services. The technology vendor will also offer digital engineering services, data governance for capital projects and digital project management consultancy across Shell’s global assets. L&T Technology Services CEO and managing director Amit Chadha said: “This new agreement with Shell as their engineering partner further builds on our…
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As officially announced by Mazda, the global launch of the EZ-6 will be focused on the European market first, with no exact date for its European launch other than fall 2024. Mazda has also yet to announce the price of the EZ-6.Mazda unveiled the EZ-6 at Auto China in Beijing in April. Developed in collaboration with Changan, the model is the successor to the Mazda6 internal combustion engine saloon and will be launched in China with battery electric drive and an optional range extender. No technical data was released at the time, but platform similarities to the Deepal SL03 lead…