Living systems are a bit like the traffic in a city: when the roads are repaired on a regular basis, the traffic flows. But if the roads are not maintained, wear and tear accumulates, disruptions spread, and traffic begins to grind to a…
— A review of 155 scientific studies found influenza and COVID infections raised the risk of heart attack or stroke as much as three-to five-fold in the weeks following the initial infection.
The Indian rupee approached a record low, pressured by a stronger US dollar as traders pared bets on a December rate cut by the Federal Reserve, and as the local central bank was not seen stepping in to support the currency.
The rupee weakened as much as 0.6%, the most since Aug. 29, to 88.7437 per dollar on Thursday, closing in on its September record of 88.8050. Earlier this month, the Reserve Bank of India was alarmed to see the rupee nearing that level and sold dollars to stabilize it, said a person familiar with the matter.
Jobs at WPP could be at risk as its new chief executive launched a review designed to revive the advertising group’s fortunes after a fresh profit warning.
Cindy Rose announced the review on Thursday, saying she was taking action to address “unacceptable” performance at the company, which has struggled to stem a growing exodus of clients and compete with the AI and data capabilities of its rivals.
The former Microsoft executive said WPP – which lost its top spot as the world’s largest advertising agency by revenue to Publicis last year – would soon become a “much simpler” business that would be “pushing harder” into technology to get growth.
The comments raised the prospect of potential job losses across its 100,000-strong global workforce.
The company warned that its headline operating profit margin would now be lower than expected, sending shares down a further 11% on Thursday morning to 318p. Shares in WPP – which had already warned on annual profits in July – have already lost more than half their value since the start of 2025.
“I acknowledge that our recent performance is unacceptable and we are taking action to address this,” said Rose, who took over the top role in September after six years on WPP’s board.
“To deliver performance improvements, we will position our offering to be much simpler, more integrated, powered by data and AI, efficiently priced and designed to deliver growth and business outcomes for our clients,” Rose said, adding that she would be “dramatically simplifying how we organise ourselves internally, as well as building a high-performance team culture”.
Rose said the company would be “pushing harder” on using tech, and focus on “cost efficiency”. WPP will set out further details of the plans early next year.
WPP now expects “revenue less pass-through costs” – a figure that accounts for fees paid to external suppliers – to fall by between 5.5% and 6% in 2025, marking a downgrade on its previous forecasts for a drop of 3% to 5%. It also estimated that the headline operating profit margin would come in at about 13%, just below the bottom of its previous range.
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Rose was appointed as the chief executive in September, in order to implement a sweeping restructure to turn around the ailing London-listed company. She replaced Mark Read, a WPP veteran who worked with the company for 30 years.
“There is a lot to do, and it will take time to see the impact, but in my first 60 days we are already moving at pace with some initiatives already announced and more to come,” Rose said.
“We know what it takes to win: we are optimistic, energised and confident that we’re building the right plan and the right culture to secure a bright future for WPP, our people, our clients, and our shareholders.”
Saritow Spinning Mills Limited (SSML) has announced plans to permanently shut down its spinning mill operations, which have been suspended since 2024 due to ongoing losses.
The company’s Board of Directors approved the closure and a plan to sell the entire plant and machinery, valued at approximately Rs. 411.93 million, according to an official notice sent to the Pakistan Stock Exchange (PSX).
In a strategic shift, SSML will convert its factory buildings into warehousing facilities to generate rental income. Proceeds from the asset sale will be used to partially refurbish the premises for warehousing, retire a portion of the company’s liabilities, and boost working capital for the new business line.
These decisions are subject to shareholder approval at an Extraordinary General Meeting (EOGM) scheduled for November 28, 2025. The company has begun preparations to notify shareholders and will submit further details, including the revised business plan, to the PSX for dissemination.
Lily Allen will play her headline-grabbing new album West End Girl in full on a run of 2026 tour dates. The British pop star will perform her fifth album front to back in a series of theatrical venues around the UK next March.
The world has been keeping up with the Kardashian-Jenner clan for 18 years now – and the family’s drama, as well as their bank accounts, remain as juicy as ever.
Islamabad, Pakistan – Pakistan and Afghanistan have agreed to resume talks in Istanbul at the request of mediator Turkiye after earlier rounds between Islamabad and Kabul failed to resolve spiralling tensions between the neighbours that have…
The paper features a comprehensive evaluation of data, including disease control rate, overall survival, immune activation, abscopal effects, tumor necrosis, dose ranging, and safety
United States President Donald Trump said on Thursday that he had instructed the Department of Defense to “immediately” restart testing of US nuclear weapons.
If the US resumes nuclear testing now, it would be the first time it has conducted…
