At least 3,000 Herero and Nama people died in a German concentration camp at Shark Island, Namibia. A new forensic exhibition in Berlin is using digital technology to unearth how colonisers scarred a landscape, and a community Visiting the Namibian port town of Lüderitz in late 2024, I came across a small museum run by descendants of German settlers. Alongside imperial German flags and memorabilia...
At least 3,000 Herero and Nama people died in a German concentration camp at Shark Island, Namibia. A new forensic exhibition in Berlin is using digital technology to unearth how colonisers scarred a landscape, and a community Visiting the Namibian port town of Lüderitz in late 2024, I came across a small museum run by descendants of German settlers. Alongside imperial German flags and memorabilia, it displayed artefacts of the Herero tribe that had been recovered from nearby Shark Island. What went unmentioned is that, from 1905 to 1907, Shark Island was the site of a concentration camp where Herero and Nama prisoners were subjected to forced labour, starvation and systematic abuse. At least 3,000 people are estimated to have died there. Shark Island was used as a tourist campsite when I visited. Monuments on the island honoured Adolf Lüderitz and Heinrich Vogelsang, the German merchants who helped establish the colony known as German South West Africa. Today, it is widely reported that Namibia’s white minority – less than 2% of the population – owns roughly 70% of commercial farmland. Continue reading...
Nvidia (NVDA) stock is up about 15.98% year to date, at the time of writing, Thursday afternoon, June 4. Meanwhile, the SPDR S&P 500 index (SPY) is up about 10.97% in the same period. While the stock has outpaced the S&P 500, its growth has lagged that of other computer-related ...
Nvidia (NVDA) stock is up about 15.98% year to date, at the time of writing, Thursday afternoon, June 4. Meanwhile, the SPDR S&P 500 index (SPY) is up about 10.97% in the same period. While the stock has outpaced the S&P 500, its growth has lagged that of other computer-related ...
The euro-zone economy shrank at the start of the year after an unprecedented contraction in Ireland forced a revision to data that originally showed feeble growth. Gross domestic product fell 0.2% between January and March, Eurostat said Friday, compared to an earlier estimate of 0.1% growth. That’s mainly due to a sharp downward restatement of Irish GDP, which slumped 12.1% rather than the 2% pre...
The euro-zone economy shrank at the start of the year after an unprecedented contraction in Ireland forced a revision to data that originally showed feeble growth. Gross domestic product fell 0.2% between January and March, Eurostat said Friday, compared to an earlier estimate of 0.1% growth. That’s mainly due to a sharp downward restatement of Irish GDP, which slumped 12.1% rather than the 2% previously measured. While the large number of multinationals based in Ireland often contorts data for the overall euro area, the huge first-quarter drop makes it even harder to work out where the region’s economy is heading. That complicates the European Central Bank ’s task in assessing the fallout from the Iran war and calibrating the appropriate monetary-policy response. Officials have widely signaled a first interest-rate hike since 2023 at next week’s meeting, arguing they can no longer look through the energy shock that already drove euro-area inflation to 3.2%. However, some officials also worry higher oil and gas prices will derail the nascent recovery. Business activity in the region already fell over the past two months, with the contraction in May even reaching the quickest pace since 2024. Earlier this week, the OECD said the euro area will grow just 0.8% this year and warned that “recent indicators suggest deteriorating sentiment.” Aside from the Irish data, statistics in bigger economies have also been revised in recent days. French GDP fell, while Italy ’s was better than previously reported. In Ireland itself, the multinational sector in Ireland shrank 27% in the period. But underlying data showed a far more positive picture. Modified domestic demand — a more accurate measure of the economy — grew 0.6%, driven by personal spending. ECB to Hike Twice With Inflation Above Comfort Zone, Poll Shows EU Warns Bulgaria of Excessive Deficit Months After Joining Euro Euro-Zone Inflation Surpasses 3% for First Time Since 2023 Irish GDP Falls 12% in First Quarter on Mult...
“The O.C.” star Tate Donovan has officially sold his “extraordinary” Texas dwelling—just two months after bringing the property to the market for $1.9 million.
“The O.C.” star Tate Donovan has officially sold his “extraordinary” Texas dwelling—just two months after bringing the property to the market for $1.9 million.
ToucanStudios Stock futures were mixed in Friday's premarket session as ongoing Middle East tensions continued to dent investor hopes for an imminent deal to end the Iran war. With geopolitical risks keeping markets cautious, Wall Street's primary focus has shifted to the macroeconomic front as traders await the high-stakes release of fresh U.S. nonfarm payrolls data. Here are some of Friday's big...
ToucanStudios Stock futures were mixed in Friday's premarket session as ongoing Middle East tensions continued to dent investor hopes for an imminent deal to end the Iran war. With geopolitical risks keeping markets cautious, Wall Street's primary focus has shifted to the macroeconomic front as traders await the high-stakes release of fresh U.S. nonfarm payrolls data. Here are some of Friday's biggest stock movers: Biggest stock gainers Argan ( AGX ) +13% - Shares jumped after the engineering and construction company delivered a strong FQ1 beat, driven by robust execution on power infrastructure projects. The company reported GAAP EPS of $3.24, topping estimates by $1.02, while revenue surged 50.2% Y/Y to $290.9M, exceeding consensus by nearly $35M. The results highlight continued strength in demand for power generation and energy infrastructure projects, with investors responding positively to the substantial earnings and revenue outperformance. Biggest stock losers Guidewire Software ( GWRE ) -13% - Shares plunged despite reporting FQ3 results that topped expectations and raising its full-year outlook. The insurance software provider posted non-GAAP EPS of $0.82, beating estimates by $0.08, while revenue rose 26.9% Y/Y to $372.5M, exceeding consensus by $16.5M. Guidewire also increased its FY2026 revenue forecast to $1.46B-$1.47B, above analyst expectations, and raised guidance for annual recurring revenue and operating income. lululemon athletica ( LULU ) -12% - Shares slid after the athleisure retailer cut its full-year outlook and issued disappointing Q2 guidance despite reporting a Q1 beat on revenue and earnings. Revenue rose 4% Y/Y, while comparable sales increased 1%, topping expectations. However, gross margin contracted 410 basis points to 54.6% as more sales came from discounted merchandise through its “We Made Too Much” channel, pressuring profitability. Operating income fell 37%, and net income declined 38% Y/Y. Looking ahead, Lululemon forecast Q2 rev...
China and South Korea will allow 70 more flights per week between the two countries in view of fast-growing, two-way tourism and a drop in Chinese group travel to Japan. The Ministry of Land, Infrastructure and Transport in Seoul said in a statement Thursday that passenger flight capacity would grow from 608 to 664 per week and that maximum air freight flights would expand from 54 to 68 per week. ...
China and South Korea will allow 70 more flights per week between the two countries in view of fast-growing, two-way tourism and a drop in Chinese group travel to Japan. The Ministry of Land, Infrastructure and Transport in Seoul said in a statement Thursday that passenger flight capacity would grow from 608 to 664 per week and that maximum air freight flights would expand from 54 to 68 per week. These expansions, the first since before the Covid pandemic, reflect a surge in two-way tourism,...
Locita Brandy, 91, has received a medal of honour to recognise her lifetime of campaigning in the city They both came from the Caribbean to Manchester, and they both dedicated their lives to the betterment of Black communities. Now, the legacies of two postwar pioneers, strangers to each other and from different walks of life, have been celebrated by one gesture. Locita Brandy, 91, never met the N...
Locita Brandy, 91, has received a medal of honour to recognise her lifetime of campaigning in the city They both came from the Caribbean to Manchester, and they both dedicated their lives to the betterment of Black communities. Now, the legacies of two postwar pioneers, strangers to each other and from different walks of life, have been celebrated by one gesture. Locita Brandy, 91, never met the Nobel prize-winning economist W Arthur Lewis. She arrived in Manchester in 1956 from Nevis – via Southampton and a rough sea journey on the SS Irpinia – and spent much of her working life as a school chef. Continue reading...
As the second series of the Jilly Cooper adaptation climaxes, we can be thankful that quality TV doesn’t always have to be bleak and stressful For Jilly Cooper devotees – a motley band that unites me with Queen Camilla and Joanna Lumley, Ian Rankin and ex-footballer Tony Adams – it has been the best of times, and the worst of times. (No apologies for the clunky Tale of Two Cities misquote. Jilly w...
As the second series of the Jilly Cooper adaptation climaxes, we can be thankful that quality TV doesn’t always have to be bleak and stressful For Jilly Cooper devotees – a motley band that unites me with Queen Camilla and Joanna Lumley, Ian Rankin and ex-footballer Tony Adams – it has been the best of times, and the worst of times. (No apologies for the clunky Tale of Two Cities misquote. Jilly was fond of gleefully shoehorning in the odd bit of Dickens, or Shakespeare, or Wordsworth.) The best of times, because the television adaptation of Rivals has shown the world what some of us knew all along, which is that Cooper’s stories are life-affirming and wise and hysterically funny; but the worst of times, when Cooper’s unexpected death last year cut short the late-life renaissance in which she was quite rightly revelling. The first half of a blissful second season of Rivals comes to a climax this week (puns always intended). Six heavenly hours on the sofa, following the professional rivalries and personal dramas of a hard-drinking bunch of 1980s telly executives as they bomb along Cotswold lanes blowing Silk Cut smoke through the open windows of their Austin Metros, or pogo to Nena’s 99 Red Balloons on sticky pub carpet while knocking back tequila shots. Rivals has reminded us that good television can be fun. A golden age of television has given us some modern masterpieces, but the payoff for artistic quality has been that prestige viewing has become, for the most part, pretty bleak. Adolescence was utterly harrowing. Baby Reindeer was a pretty tough watch. Even The Bear and The Pitt are kind of stressful. Life in Rutshire has gifted us television as it used to be: a naughty, indulgent treat. Jess Cartner-Morley is associate editor (fashion) at the Guardian Continue reading...
As demand for cobalt, gold and other minerals grows, mining is accelerating deforestation in the Congo basin – and increasing the risk of deadly Ebola outbreaks For decades after the discovery of Ebolavirus in 1976, outbreaks of the disease were relatively small and contained, affecting a few hundred people at most. Not any more. In recent years, outbreaks of Ebola have been much larger, affecting...
As demand for cobalt, gold and other minerals grows, mining is accelerating deforestation in the Congo basin – and increasing the risk of deadly Ebola outbreaks For decades after the discovery of Ebolavirus in 1976, outbreaks of the disease were relatively small and contained, affecting a few hundred people at most. Not any more. In recent years, outbreaks of Ebola have been much larger, affecting thousands and even tens of thousands of people across multiple countries. The 2014 outbreak of Ebola in West Africa infected over 28,000 people in 10 countries on three continents . The current eruption, which began in early May and shows no signs of abating, has caused 363 confirmed cases in Democratic Republic of the Congo and has crossed into Uganda. Sonia Shah is the author of five books including Pandemic: Tracking Contagions, from Cholera to Ebola and Beyond, and writes the newsletter Cross Pollinations on Substack Continue reading...
Yao Shunyu, the former OpenAI researcher now leading Tencent Holdings’ artificial intelligence model development, pushed back against concerns that the tech giant is slow in AI, arguing that the race is just beginning with massive untapped opportunities in coding agents and embodied intelligence. “AI is a long-term game, with the second half of the race just starting,” said Yao, chief AI scientist...
Yao Shunyu, the former OpenAI researcher now leading Tencent Holdings’ artificial intelligence model development, pushed back against concerns that the tech giant is slow in AI, arguing that the race is just beginning with massive untapped opportunities in coding agents and embodied intelligence. “AI is a long-term game, with the second half of the race just starting,” said Yao, chief AI scientist at Tencent, comparing the current state to the development of personal computers in the 1970s. Yao...
Chinese President Xi Jinping will make a state visit to North Korea next week, his first overseas trip this year and his first to the hermit nation since 2019. The trip will take place on Monday and Tuesday, Xinhua said without elaboration. Xi’s last official overseas excursion was to South Korea in October, when he met US President Donald Trump and attended a regional summit. Xi’s visit underscor...
Chinese President Xi Jinping will make a state visit to North Korea next week, his first overseas trip this year and his first to the hermit nation since 2019. The trip will take place on Monday and Tuesday, Xinhua said without elaboration. Xi’s last official overseas excursion was to South Korea in October, when he met US President Donald Trump and attended a regional summit. Xi’s visit underscores a rebound in relations with China’s only formal ally following relative isolation during the...