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World’s Richest Woman

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Francois Bettencourt Meyers L’Oreal,  France $92.5 billion   Alice Walton Walmart, USA $90.3 billion   Julia Koch Koch Inc, USA $74.2 billion   Jacuqeline Mars` Mars Inc, USA $47.6 billion   Savitri Jindal Jindal Steel, India $43.7 billion Francoise Bettencourt Meyers is the world’s richest woman after surpassing Walmart scion Alice Walton last Thursday. Meyers, the granddaughter of the founder of L’Oreal, whose estimated net worth grew to $93.1 billion while Walton’s dropped to $90.4 billion, secured the title boosted by a massive spike in European luxury goods that reacted positively to an economic stimulus package committed to China. Continue reading World’s Richest Woman

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Catriona Robertson at The Muse Gallery

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Catriona Robertson at The Muse Gallery 269 Portobello Road W11 1LR until20 October 2024.www.themuseat269.com – prices range from £20 to severalthousand.An interesting background story to the creation of these works of art…readon… Catriona is fascinated by the idea of the urban landscape as a collage. She is inspired by how over time architecture forms an urban geology where layers of history are built on top of foundations. Her work responds to theinterconnectedness of nature and the city as a landscape resulting in sculptures that embody an architectural imprint. There is a subterranean network of hidden cities beneath us, organic intertwined … Continue reading Catriona Robertson at The Muse Gallery

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Bot-distributed misinformation

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Supremacy is  behind-the scenes story of the ruthless shadow battle between Microsoft and Google and their AI companies, their struggles to use their tech for good and the dangerous direction that they’re now going.  Human brain power outstripped by AI. Five years ago no one had heard of Open AI. Now the research firm is powering Microsoft’s software, writing everything from code to school essays and bot-distributed misinformation. In Supremacy AI, ChatGPT and the Race that Will Change the World, journalist Parmy Olson  carefully tracks the rise of two young companies, – the American OpenAI and the British rival DeepMind, … Continue reading Bot-distributed misinformation

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Faceless migrant’s struggle to survive

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This is the story of an urban migrant’s struggle to survive at  the bottom of India’s mega city.  Syeda X is  the pseudonym if a Muslim Woman who flees a deadly religious violence in the holy city of Banaras  in Varanasi for Delhi with her young family in the aftermath of riots triggered by the demolition of the Babri Masjid mosque in 1992.  in Delhi, she settled into the life of a poor migrant, with the family pitching up  £ 30 (3000 Rupees), with nowhere to live, juggling multiple jobs a day – from trimming the loose threads of jeans … Continue reading Faceless migrant’s struggle to survive

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Harnessing business power for sustainability

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How pioneering business billionaires are resetting their companies’ relationship to nature, society, and our common future creating sustainable prosperity and reveals us how to balance business needs with impact on nature, shareholders with stockholders, and short-term vs Long-term profits. Strategies for addressing the negative externalities and trade-offs  that arise from doing business, identifying the right metrics and targets to deliver on your purpose, and accounting for human, social and natural capital, alongside financial capital. A must-read book for business leaders, entrepreneurs, and changemakers at companies around the world. Luc Hoffman, heir to the Roche Pharmaceutical group shows us how business … Continue reading Harnessing business power for sustainability

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Concept of leisure fraught with class tension

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The Bookshop is a history of British Institution in crisis with rich historical vignettes and surprising wares.As spaces where local life and culture unfolds, our high streets can be playgrounds of personal indulgence and community spirit or sites of contentious debate and politicking. Peeping through the windows of tailors, tearooms and grocers, we explore everything from the toyshops of yesteryears where curiosities were sold for adults not children to the birth of brands we shop at today. Three-Hundred- years of shopping which takes in sex, snobbery, and moral panics. Josiah Wedgwood has a vision for china, and even better to … Continue reading Concept of leisure fraught with class tension

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Antitrust claim against six water companies In England threatening environmental health

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Six water companies in England have been accused of overcharging customers between £800mn and £1.5bn by under-reporting the scale of their sewage pollution, in a case that may pave the way for customers to receive hundreds of millions of pounds in refunds. Competition Appeals Tribunal yesterday lawyers for Carolyn Roberts, a former professor and environmental consultant, accused the privatised companies of abusing their monopoly position to mislead regulators over the amount of sewage they were discharging into rivers since 2015. Roberts alleges, that, as a result, Thames Water, Yorkshire Water, Anglican Water, Severn Trent, Northumbrian Water and United Utilities, were … Continue reading Antitrust claim against six water companies In England threatening environmental health

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Stealing other people’s money

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Caroline Ellison (29) has been sentenced to two years in prison for her role in the collapse of the Cryptocurrency exchange FTX, which has been one of the biggest financial frauds in US history. Ellison is the ex-girlfriend of its founder, Sam Bankman-Fried who was sentenced to 25 years in prison for stealing more than $8bn ( £6.3bn) from customers. As part of a plea deal, Ellison admitted charges including wire fraud and money laundering, and testified against Bankman-Fried. She was also ordered to forfeit more than $11bn ( £8.2bn) to the court and could pay more if she’s ordered … Continue reading Stealing other people’s money

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Bird photographer of the year

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Canadian Photographer Patricia Homonylo scooped “The Bird Photographer of the Year Award” for her image titles When Worlds Collide, taken in Toronto which beat more than 23, 000 entries. The photograph showing  more than 4, 000 birds that died colliding with windows and other reflective surfaces in the city. Homonylo said “ Each year more than one billion birds die in North America alone due to collisions with windows. I’m a conservation photojournalist and have been working with the Fatal Light Awareness Program, where we save window-collision survivors in Toronto. Sadly most of the birds we find are already de3ad. … Continue reading Bird photographer of the year

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US banks made $1tn windfall from Fed’s higher rates

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US banks made $1tn windfall profit by failing to pass on to savers the higher interest rates that were kept in place by the Federal Reserve for the past two and half years. Lenders earned higher yields for their deposits at the Fed but kept rates lower for many savers, according the review of Federal Deposit Insurance Corporation data. The boost to the country’s in excess of 4, 000 banks has helped increase their profit margin. While rates on some savings accounts were raised in line with the Fed’s target of more than 5 per cent, the majority of depositors, … Continue reading US banks made $1tn windfall from Fed’s higher rates