Burberry expects Q4 sales to be 28 to 32 percent higher than the same period last year, reinstalling confidence in the luxury industry. Global luxury demand is finally recovering, and the British fashion giant seems eager to share the good news.Ahead of the financial year end on March 27, Burberry issued an unscheduled trading update forecasting that full-year profits would be ahead of expectat...

Researchers at the Billions of needles and syringes are used each year, including needles used for injections made by those who are healthcare professionals and those Billions of needles and syringes are used each year, including needles used for injections made by those who are healthcare professionals and those who are not. When improperly disposed of, needle and syringe waste can create a se...

Future iPhone cameras may contain a flash that automatically adjusts and diffuses its light to better capture objects at different distances from the lens.If camera flashes were better, Apple might not need to have spent so much time creating Night Mode. As it is, a flash can over-illuminate some objects in a photo, while not illuminating others at all.The result can be a flattening of the imag...

Here’s how the controversial explosion in special-purpose acquisition companies is unfolding.- SPACs took the IPO market by storm in 2020, and private equity firms were right in the mix.- But SPAC economics, which favor sponsors and premerger shareholders, have raised serious questions about long-term performance.- Market demands for better long-term incentives are turning up the heat on spons...

The wearable microgrid shirt can power an LCD wristwatch, among other devicesUniversity of California-San Diego.When it comes to renewable energy, many cities combine multiple sources, such as solar panels and wind turbines. Scientists have now taken a similar approach with a "smart" shirt that generates electricity via both sweat and movement.Created by a team at the University of California-S...

Unfazed by US rival's price cuts, Nio, Xpeng and Li Auto seen profitable in 2022. The U.S.-listed shares of Nio, Xpeng and Li Auto have surged over the past year, pushing their valuations higher than some of the world's biggest automakers.China's emerging electric vehicle brands have reported strong sales and narrowed losses last year despite Tesla's aggressive pricing strategy to gain customer...

Today, many companies are struggling with multiple challenges. They are working to provide engaging, more personalized customer experiences that offer compelling reasons for customers to come back often and buy more products and services. At the same time, companies are seeking higher levels of operational efficiency to maintain profit margins in increasingly competitive markets in virtually ev...

During the COVID-19 pandemic in march 2020, a small team composed of a designer, mechanical engineer and doctor started collaborating virtually on a solution to rapidly and safely transport patients from home to hospital and onwards to further afield medical centers if needed. Named the e-way rescue roadster, the concept for an autonomous and flying vehicle was developed using dassault systemes...

How income inequality compares globally.The World Inequality Database, built by an international network of more than 100 academics, including Thomas Piketty and Nobel Prize winner Abhijit Banerjee, makes it possible to compare income inequality in 173 countries. The estimates are based on a mix of sources, including tax data, surveys, and national and other statistics. Launched in 2011, the da...