Remote aircraft targeting supply traffic on route connecting occupied regions to Russia Russian forces call it the “Novorossiya” route, the crucial main supply line that snakes through the Ukrainian territories under Moscow’s occupation, linking Rostov-on-Don in Russia to Melitopol, Mariupol and Crimea via the Sea of Azov coastline. In recent months, however, Ukrainian forces have given the R-280 ...
Remote aircraft targeting supply traffic on route connecting occupied regions to Russia Russian forces call it the “Novorossiya” route, the crucial main supply line that snakes through the Ukrainian territories under Moscow’s occupation, linking Rostov-on-Don in Russia to Melitopol, Mariupol and Crimea via the Sea of Azov coastline. In recent months, however, Ukrainian forces have given the R-280 a new name – “the highway of death” – in reference to the Ukrainian drones that dominate the airspace above the road, hunting down convoys of Russian military traffic. Continue reading...
The military junta has detained thousands of political prisoners since the 2021 coup, and a pattern of gender-based abuses is becoming clear In August 2021, news spread across a Myanmar protesters’ network that Thazin*, an activist and former university student, had been killed. The protest she attended that summer in Mandalay had been broken up by soldiers shooting and driving cars into the crowd...
The military junta has detained thousands of political prisoners since the 2021 coup, and a pattern of gender-based abuses is becoming clear In August 2021, news spread across a Myanmar protesters’ network that Thazin*, an activist and former university student, had been killed. The protest she attended that summer in Mandalay had been broken up by soldiers shooting and driving cars into the crowds. Most of the demonstrators were able to jump on to their motorcycles and flee. Thazin was not among them, and word spread that a young woman had been seen shot dead. Continue reading...
About 1 million 16- to 24-year-olds are not in employment, education or training – and the obstacles they face are bigger than ever. Those unemployed for a year or more explain how they are coping Thomas doesn’t leave the house much. Apart from walking his dog, the only other excursion the 24-year-old regularly makes is a “humiliating” weekly trip to Iceland, where he stocks up on seven £1 frozen ...
About 1 million 16- to 24-year-olds are not in employment, education or training – and the obstacles they face are bigger than ever. Those unemployed for a year or more explain how they are coping Thomas doesn’t leave the house much. Apart from walking his dog, the only other excursion the 24-year-old regularly makes is a “humiliating” weekly trip to Iceland, where he stocks up on seven £1 frozen meals, usually an assortment of bland curries with the occasional garishly sweet, takeaway-style Chinese meal. “You’re going in and buying seven and the cashier is 100% thinking: oh, that’s one a day,” he says. Half the time, he doesn’t bother eating them. “You just sit there and go: I don’t want it again. I’ve had it for two days on the trot.” Continue reading...
She started as an activist. Now she is Mexico’s president. Has she stayed true to her ideals? The president’s dressmaker works at home, down a narrow road in a working-class neighbourhood on the southernmost edge of Mexico City. There is no sign, just the house number marked in chalk on a rusted metal door. In the brightly lit, pink-walled room at the back of her modest house, Olivia Trujillo sits...
She started as an activist. Now she is Mexico’s president. Has she stayed true to her ideals? The president’s dressmaker works at home, down a narrow road in a working-class neighbourhood on the southernmost edge of Mexico City. There is no sign, just the house number marked in chalk on a rusted metal door. In the brightly lit, pink-walled room at the back of her modest house, Olivia Trujillo sits at her sewing machine, piecing together the president’s signature suits and dresses. Trujillo sews everything here, accompanied only by her family, three dogs, and one green parrot. Once finished, an assistant spirits away the items by motorcycle straight to the National Palace, where the president lives. Claudia Sheinbaum’s clothing – tailored from modest fabrics produced in Mexico and featuring Indigenous motifs – is one of the many ways that her administration communicates its slogan: “ For the good of all, first the poor .” The dressmaker has just one problem with the president. People who wear made-to-measure clothes normally sit for the tailor twice: first, to have their measurements taken, then a second time for final adjustments. “Not once has she done a fitting for me, never!” says Trujillo, an exacting and neatly turned-out woman in her 60s. She knows the president is busy. “Still,” she objects, “any normal woman does a fitting for important clothes, like their wedding dress.” Continue reading...
As ICE-style deportation rules come into force, the unsavoury circle the EU wants migrant deals with includes the Afghan regime. This is a nadir I sometimes think of the former EU home affairs commissioner Ylva Johansson, who just six years ago spoke of crafting a European migration policy with “ cool heads and warm hearts ”. What’s happened since is the exact opposite. Governments across Europe –...
As ICE-style deportation rules come into force, the unsavoury circle the EU wants migrant deals with includes the Afghan regime. This is a nadir I sometimes think of the former EU home affairs commissioner Ylva Johansson, who just six years ago spoke of crafting a European migration policy with “ cool heads and warm hearts ”. What’s happened since is the exact opposite. Governments across Europe – with the exception of Spain – are cracking down harder than ever before on migrants through measures they once dismissed as politically toxic. It is a dream come true not only for the EU’s far right but also for mainstream conservatives and centre-left politicians such as Denmark’s Mette Frederiksen . Continue reading...
Part of the conversation around the artificial intelligence (AI) boom is focused on physical AI -- robots and automation that can use AI for productivity breakthroughs in the real world. If you're optimistic that robots, self-driving cars, and other advanced AI and automation technologies are coming soon and you want to invest in those companies, the ARK Autonomous Technology & Robotics ETF (NYSEM...
Part of the conversation around the artificial intelligence (AI) boom is focused on physical AI -- robots and automation that can use AI for productivity breakthroughs in the real world. If you're optimistic that robots, self-driving cars, and other advanced AI and automation technologies are coming soon and you want to invest in those companies, the ARK Autonomous Technology & Robotics ETF (NYSEMKT: ARKQ) could be a good choice. But is buying a robot-focused exchange-traded fund (ETF) the best way to profit from the future of robots and physical AI? You might be better off buying the more diversified Invesco QQQ ETF (NASDAQ: QQQ) . This popular tech ETF, also called "the Q's," tracks the tech-heavy Nasdaq-100 index and has delivered powerful wealth-building returns to its investors for the past 15 years. Image source: Getty Images. Continue reading
The co-founder of Ben & Jerry’s said the ice cream brand’s new owner is in the “process of destroying” the Cherry Garcia maker’s future by stopping it from criticizing US President Donald Trump . Ben Cohen , who started the brand in 1978 with Jerry Greenfield , is locked in a months-long fight with the Magnum Ice Cream Company over Ben & Jerry’s right to speak out on social issues. Muzzling a bran...
The co-founder of Ben & Jerry’s said the ice cream brand’s new owner is in the “process of destroying” the Cherry Garcia maker’s future by stopping it from criticizing US President Donald Trump . Ben Cohen , who started the brand in 1978 with Jerry Greenfield , is locked in a months-long fight with the Magnum Ice Cream Company over Ben & Jerry’s right to speak out on social issues. Muzzling a brand known for its progressive stance on social justice issues is hypocritical and will damage the brand, perhaps irrevocably, according to Cohen. “Trumpism is essentially the biggest attack on the values of Ben & Jerry’s since the company was founded and Magnum has said you cannot criticize Trump,” Cohen said in an interview with Bloomberg’s Zero podcast. “Put simply, the very values-led business structure that’s made Ben & Jerry’s into the brand it is today is precisely the thing that Magnum is in the process of destroying.” Magnum says Ben & Jerry’s continues to be a “bold voice for social justice” under its ownership. The brand has recently “spoken out on ICE, on the conflict in Iran, on freedom of speech, on migrant and refugee justice, in defense of democratic processes, and in support of No Kings Day in the US,” a Magnum spokesperson said in an emailed statement. Ben & Jerry’s, which has a long history of political activism, was bought by consumer goods giant Unilever in 2000. At the time the two parties established an unusual governance arrangement where an independent board would safeguard Ben & Jerry’s social mission while the parent company oversaw its products and financial direction. For many years the arrangement worked well and Ben & Jerry’s expanded from four to more than 40 countries, with revenue rising more than fivefold. In 2024, Ben & Jerry’s contributed €1.1 billion ($1.3 billion) to Unilever’s ice cream unit’s total €8.3 billion revenue. The partnership soured when the independent board of Ben & Jerry’s filed a lawsuit in the US, alleging that the parent...
European companies’ margins are set to expand for the first time since 2022, driven by soaring commodity prices and artificial intelligence. Operating margin should grow 7.9% this year for companies in the Stoxx Europe 600 index, reversing three years of declines, Bloomberg Intelligence data shows. That follows better-than-expected margins in the first quarter, as European firms posted their stron...
European companies’ margins are set to expand for the first time since 2022, driven by soaring commodity prices and artificial intelligence. Operating margin should grow 7.9% this year for companies in the Stoxx Europe 600 index, reversing three years of declines, Bloomberg Intelligence data shows. That follows better-than-expected margins in the first quarter, as European firms posted their strongest earnings growth in as many years. Rising crude prices have made Big Oil the biggest contributor to the continent’s margin growth. Miners, chipmakers and lenders are further supporting the gains, driven by commodity prices, artificial intelligence demand and higher rates, respectively. For banks, AI-led job cuts are also a tailwind for margins, Bloomberg Intelligence analyst Laurent Douillet said, though that’s proving to be a precarious balancing act. Standard Chartered Plc , which plans to eliminate thousands of support roles over the next four years, drew widespread ire after Chief Executive Officer Bill Winters referred to workers as “lower-value human capital.” Layoffs also contributed to margin growth of US companies, including Block Inc. , Citigroup Inc. and Meta Platforms Inc. , which all reduced headcount. The S&P 500’s operating margin expanded 17% in the first quarter, the most since at least 2004, according to BI , with further headway expected in coming quarters. Read: S&P 500 on Track for Strongest Earnings Growth Since 2021 Outside finance, job cuts aren’t a sure way to support margins either, with European carmakers and chemical companies seeing operating margins below 2022 levels after reducing their cost base by dismissing staff over the past three years, Douillet said. Fragile Recovery Europe’s margin recovery remains fragile as the Iran war continues to disrupt energy markets. Profitability growth is “not broad based” either, Barclays strategist Magesh Kumar said. “There has been some margin compression happening within the consumer space, especially...
China said it had carried out a scientific expedition in Scarborough Shoal, amid renewed confrontation with the Philippines over the disputed South China Sea atoll. The research mission – which began on May 20 – involved deploying a floating platform for environmental monitoring and sampling, the Chinese Academy of Sciences’ South China Sea Institute of Oceanology said in a statement on Wednesday....
China said it had carried out a scientific expedition in Scarborough Shoal, amid renewed confrontation with the Philippines over the disputed South China Sea atoll. The research mission – which began on May 20 – involved deploying a floating platform for environmental monitoring and sampling, the Chinese Academy of Sciences’ South China Sea Institute of Oceanology said in a statement on Wednesday. It came after Manila lodged a formal diplomatic protest on Tuesday against what it called the...
China Resources New Energy Holdings, the spin-off of a state-backed power producer, has smashed multiple records on the Shenzhen Stock Exchange, as it prepares to become the biggest initial public offering (IPO) and the first so-called red-chip company to trade on the bourse. The wind and solar power producer, carved out of China Resources Power, planned to raise 24.5 billion yuan (US$3.6 billion)...
China Resources New Energy Holdings, the spin-off of a state-backed power producer, has smashed multiple records on the Shenzhen Stock Exchange, as it prepares to become the biggest initial public offering (IPO) and the first so-called red-chip company to trade on the bourse. The wind and solar power producer, carved out of China Resources Power, planned to raise 24.5 billion yuan (US$3.6 billion) from yuan-denominated shares on the Shenzhen bourse, it said in an exchange statement on...
The US military launched strikes against "multiple" targets in Iran for the second straight day after President Donald Trump accused the country of dragging out talks on an interim peace deal. Bloomberg's Abeer Abu Omar breaks down the latest developments. (Source: Bloomberg)
The US military launched strikes against "multiple" targets in Iran for the second straight day after President Donald Trump accused the country of dragging out talks on an interim peace deal. Bloomberg's Abeer Abu Omar breaks down the latest developments. (Source: Bloomberg)
Knicks erase 29-point deficit to win Game 4 Anunoby scores winner with 2.3 seconds left New York take commanding 3-1 Finals lead The New York Knicks stared into the abyss and somehow found a way out. Facing a 29-point deficit in front of a shell-shocked Madison Square Garden crowd, New York completed the largest comeback in NBA finals history on Wednesday night when OG Anunoby’s tip-in off a Jalen...
Knicks erase 29-point deficit to win Game 4 Anunoby scores winner with 2.3 seconds left New York take commanding 3-1 Finals lead The New York Knicks stared into the abyss and somehow found a way out. Facing a 29-point deficit in front of a shell-shocked Madison Square Garden crowd, New York completed the largest comeback in NBA finals history on Wednesday night when OG Anunoby’s tip-in off a Jalen Brunson missed three made the difference in a 107-106 win over the San Antonio Spurs in Game 4. The Knicks are within one win of their first NBA championship in 53 years. Continue reading...
领导者的职责之一是传达坏消息：公司决定终止某个备受推崇的项目、取消加薪或奖金、实施强制返岗办公政策，甚至是裁员。在经济疲软时期，越来越多的公司会做出这类选择，这就要求 领导者在沟通这些决定时，必须尽可能减少对员工士气的伤害。 斯坦福大学教授罗伯特·萨顿（Robert Sutton）早在20世纪80年代初还在密歇根大学读博期间，就开始思考这一挑战。在萨顿的博士论文中，他研究了在工厂和门店关闭期间，管理者是如何对待员工的。随后，萨顿与罗伯特·卡恩（Robert Kahn）、杰弗里·普费弗（Jeffrey Pfeffer）等多位同事一起进一步深化了这些研究。2009年，他在《哈佛商业评论》英文版发表的经典文章《如何在经济低迷期做个好老板》（“How to Be a Good Boss in a Bad Economy”）中清晰地阐述了这些观点。 其核心建议是： 为了减轻艰难商业决策带来的创伤和焦虑，优秀的领导者必须努力提供预见性（共享信息和保持行为透明）、情况说明（解释变化发生的原因）、控制感（让员工觉得他们对正在发生的事情有发言权），以及同理心（努力设身处地为他人着想）。 萨顿写道：“如果你尽可能多地向员工提供关于将要发生什么，以及何时发生的信息，他们就能尽其所能地做好准备，从而减少痛苦。同样重要的是，在没有此类警告的情况下，他们也能学会放松。” 2025年，美国联邦政府在持续缩减人员，人们对AI将如何重塑岗位与职责的担忧不断加剧，同时围绕混合办公和工作保障的紧张情绪也在上升，这些建议比以往任何时候都更加重要。近期，萨顿与《哈佛商业评论》英文版探讨了自文章首次发表以来，哪些建议发生了变化，以及哪些依然适用。以下是访谈节选。 HBR：你最初的那篇文章发表于大衰退时期。如今经济正在增长，股市也处于历史高点，但我们仍然能看到明显的焦虑情绪和组织动荡。这背后的驱动因素是什么？ 萨顿： 有研究表明，裁员具有“传染效应”。疫情期间，许多科技公司尽管盈利丰厚，但仍选择裁员。在硅谷，人们普遍认为这些公司之所以这么做，很大程度上是因为竞争对手也在裁员。这种趋势一直延续下来，而且不再局限于科技公司。许多公司把原因归结于AI，声称技术能让他们用更少的员工完成更多工作，但目前尚不清楚其中有多少是实情，多少只是“烟幕弹”。此外，还有部分原因在于某些带有施虐倾向的领导者会从中获得快感。解雇员工能让...