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Subscribe to enjoy similar stories. On 26 December 2022, Boxing Day, British-Asian writer Hanif Kureishi, who is now 69, had a devastating fall while holidaying in Rome with his partner, Isabella d’Amico. The accident left him severely paralysed, forcing him to move between hospitals, rehab centres and care homes in Italy and Britain for over a year, before he could return to his home in London.

The oil, a bestseller from the celebrity, wasn’t the only product that sold like hot cake on its India launch. Most products from the brand that went live on Sephora India that midnight sold out, so much so that the traffic led to the site crashing. Fellow global superstar Rihanna chose to introduce her brand Fenty Beauty, valued at a massive $3 billion, on Falguni Nayak-owned beauty platform Nykaa this March to a star-spangled launch, and saw immediate sales traction. The launch was timed right after Rihanna performed at billionaire Mukesh Ambani’s son Anant’s wedding with Radhika Merchant.

US Navy is transforming a costly flub into a potent weapon with the first shipborne hypersonic weapon, which is being retrofitted aboard the first of its three stealthy destroyers. The USS Zumwalt is at a Mississippi shipyard where workers have installed missile tubes that replace twin turrets from a gun system that was never activated because it was too expensive. Once the system is complete, the Zumwalt will provide a platform for conducting fast, precision strikes from greater distances, adding to the usefulness of the warship. «It was a costly blunder but the Navy could take victory from the jaws of defeat here, and get some utility out of them by making them into a hypersonic platform,» said Bryan Clark, a defense analyst at the Hudson Institute. The US has had several types of hypersonic weapons in development for the past two decades, but recent tests by both Russia and China have added pressure to the US military to hasten their production.

Diwali sales season, companies selling cosmetics, shoes, apparel, electronics and premium packaged foods are trying to liquidate stock by leveraging the Black Friday frenzy that is slowly making its way into India. Brands and retailers are offering discounts up to 50% at physical stores and on ecommerce platforms to push demand. Black Friday this year also coincides with salary payouts, which is prompting companies to sweeten deals to encourage consumers to spend. “Consumer demand during the year was not wow. But we believe Black Friday will create another occasion for consumption aided by good weather in the North,” said Pushpa Bector, senior executive director and business head at DLF Retail that owns several malls in North India. Nykaa, Myntra, Blinkit, Amazon, Tata Cliq, Samsung, LG, Xiaomi, Puma, H&M, Adidas, Levi’s and Skechers are among brands and platforms pushing Black Friday sales

fraud through widely prevalent "mule accounts", a top executive said. The Reserve Bank Innovation Hub's (RBIH's) platform, termed Mulehunter.Ai, has already been deployed by two large public sector banks, according to RBIH chief executive Rajesh Bansal. The trademarked platform was developed after identifying a total of nineteen patterns based on insights from multiple banks, he said. A mule account refers to a bank account that is used to receive and transfer funds acquired by illegal means.

A coalition of Canadian news publishers, including The Canadian Press, Torstar, Globe and Mail, Postmedia and CBC/Radio-Canada, has filed a lawsuit against OpenAI for using news content to train its ChatGPT generative artificial intelligence system

Speaking on Thursday (28 November) at the launch of Parmenion's report called The Impact of Poor Platform Service, Polson said the cost of living has led to clients «testing out different things with their assets». Parmenion CEO Martin Jennings said the poor service on platforms is «becoming a huge problem» for the industry. Polson added that «people are needing cash more than ever right now». «Poor service has always been a problem, but adviser tolerance has dropped,» he continued «You cannot measure the service your clients get on a platform. Firms have been putting up with th...

In the trust's half year report published today (29 November), managers Iain McCombie and Milena Mileva said: «We have been disappointed by the performance of this leading savings platform business in recent years, as a number of management missteps have ultimately led to disappointing inflows into their platform in comparison to the other platform businesses owned in the portfolio such as Integrafin and notably AJ Bell.»  Despite some optimism about the company's CEO, Dan Olley, who joined in August 2023, the Baillie Gifford trust managers argued the issues highlighted «would take time ...

Subscribe to enjoy similar stories. A mega merger, the largest in Indian healthcare, announced on Friday just created a Top 3 ranker in India’s hospital industry. Bengaluru-based Aster DM Healthcare announced a merger with Blackstone-backed Quality Care India Limited (QCIL) in a deal that will value the combined entity at $5.08 billion ( ₹43,000 crore).

social media ban for children under 16 passed the Australian Senate Thursday and will soon become a world-first law.The law will make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars (C$45.5 million) for systemic failures to prevent children younger than 16 from holding accounts.The Senate passed the bill 34 votes to 19. The House of Representatives on Wednesday overwhelmingly approved the legislation by 102 votes to 13.The House has yet to endorse opposition amendments made in the Senate.

GradRight, an AI-powered SaaS platform, brings together prospective students, universities, and lenders on a single platform to simplify higher education abroad through better access, affordability, and tech-enabled guidance. The platform claims to have processed over $3 billion in loan requests, helping more than 200,000 Indian students in two years. In an interaction with ET Online, Aman Singh, Co-founder of GradRight, described it as the world’s first Ed-FinTech and highlights how the platform has empowered thousands of deserving students from middle- and low-income families by connecting them with the right universities and lenders. He also discussed the FY '25 growth trajectory, market expansion plans, and expectations around Series B funding. Edited excerpts: ET: How has GradRight's growth journey been so far? Could you share your year-on-year (YoY) growth numbers? Aman Singh: GradRight’s growth journey over the past few years has been nothing short of transformative. Since 2021, we’ve witnessed exponential growth in the number of students we have been able to empower, the loans we have processed, and the funds sanctioned with our interventions.

Zomato, Paytm, Jio Financial, and 52 other companies will be in focus on Friday after the leading exchange, BSE, revised the circuit limits. Other major names include LIC, Adani Total, Angel One, DMart, Cyient, PB Fintech, Union Bank of India, IRB Infrastructure, Oil India, Indian Bank, and JSW Energy. The price band limits have been adjusted to 10% for 46 stocks, including prominent names like Zomato, YES Bank, Varun Beverages, Tata Elxsi, Paytm, Oil India, Nykaa, and NCC. Additionally, four stocks will now have a 5% circuit limit, while five others will see their limits revised to 2%.

NSE SME platform on Friday. Ahead of the listing, the company's shares were trading and had no GMP in the grey market. This implies a flat to negative premium on debut. However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly.

Australia approved the social media ban for children late on Thursday after an emotive debate that has gripped the nation, setting a benchmark for jurisdictions around the world with one of the toughest regulations targeting big tech. The law forces tech giants from Instagram and Facebook owner Meta Platforms to TikTok to stop minors from logging in or face fines of up to A$49.5 million ($32 million). A trial of enforcement methods will start in January, with the ban to take effect in a year.

Australia has imposed a sweeping ban on social media for children under 16, one of the world's most comprehensive measures aimed at safeguarding young people from potential hazards online. But many details were still unclear, such as how it will be enforced and what platforms will be covered. After sailing through Parliament's lower house on Wednesday, the bill passed the Senate on Thursday with bipartisan support. Prime Minister Anthony Albanese has said that it puts Australia at the vanguard of efforts to protect the mental health and well-being of children from the detrimental effects of social media, such as online hate or bullying. The law, he has said, puts the onus on social media platforms to take «reasonable steps» to prevent anyone under 16 from having an account. Corporations could be fined up to 49.5 million Australian dollars (about $32 million) for «systemic» failures to implement age requirements.

«We're all parents of kids of various ages and we're definitely aware of all the little tricks kids do,» said Andrew Hammond, general manager at tech contractor KJR which will conduct the trial on about 1,200 randomly chosen Australians from January to March. «Kids are quite resourceful so we'll definitely have our eyes and ears open,» added Hammond, whose company's previous projects included checking deployment software for Australian troops in Afghanistan.

Canada’s antitrust watchdog is suing Google over alleged anticompetitive conduct in the tech giant’s online advertising business and wants the company to sell off two of its services and pay a penalty

Elon Musk's social media platform, X (formerly known as Twitter) is experiencing a significant user exodus as many users are migrating to alternatives like Bluesky and Meta's Threads, reported Futurism. Following the recent US Presidential elections, where Elon Musk's support for US President- elect Donald Trump became more pronounced, an estimated 1.8 million users deactivated their accounts which marked the largest departure since Elon Musk's acquisition in the year 2022. According to Futurism, this mass exit has been fueled by dissatisfaction with the platform's environment, which many users describe as increasingly hostile due to rising hate speech, misinformation and politically charged content. Also Read: Age-defying makeover: Did Lindsay Lohan spend $300,000 on plastic surgery? Fans gush about her new youthful look; here's how she looks now and what doctors are saying

With deals starting as low as $1 per month, platforms like Hulu, Peacock, and more are offering steep discounts, ensuring access to a treasure trove of shows, movies, and live content at a fraction of the cost, as mentioned in a report by Decider. From Hulu’s unbeatable year-long deal to discounted bundles like Disney+ and Hulu, here’s a breakdown of the best Black Friday streaming deals of 2024.

Subscribe to enjoy similar stories. When the Biden administration said in March that it supported legislation that could ban TikTok, Tony Sayegh jumped into action. Sayegh, the head of public affairs at one of TikTok’s biggest investors, had become an unofficial adviser to the Chinese-owned social-media giant as it navigates survival in the geopolitical crosshairs of the world’s two superpowers.

The S&P/ASX 200 index hit an all-time high of 8,477.10 earlier, its third this month and second this week. It ended the day with a 0.5% increase to 8,444.30.