Author: admin

  • Israeli, US-backed Gaza aid group must end, say 130 charities

    Israeli, US-backed Gaza aid group must end, say 130 charities

    More than 130 charities and other NGOs are calling for the controversial Israeli and US-backed Gaza Humanitarian Foundation (GHF) to be shut down.

    Over 500 Palestinians have been killed while seeking aid since the GHF started operating in late May, following Israel’s three-month blockade of Gaza, the organisations said. Almost 4,000 have been injured.

    The organisations, including Oxfam, Save the Children and Amnesty, say Israeli forces and armed groups “routinely” open fire on Palestinians seeking aid.

    Israel denies its soldiers deliberately shoot at aid recipients, and has defended the GHF system, saying it provides direct assistance to people who need it, bypassing Hamas interference.

    Tuesday’s joint statement from some of the world’s biggest charities says the foundation is violating all norms of humanitarian work, including by forcing two million people into overcrowded and militarized zones where they face daily gunfire.

    Since the GHF started operating in Gaza, there have been almost daily reports of Israeli forces killing people seeking aid at these sites, from medics, eyewitnesses and the Hamas-run health ministry.

    The GHF aid distribution system replaced 400 aid distribution points that were operating during the temporary Israel-Hamas ceasefire with just four military-controlled distribution sites, three in the far south-west of Gaza and one in central Gaza.

    “Today, Palestinians in Gaza face an impossible choice: starve or risk being shot while trying desperately to reach food to feed their families,” the statement says.

    “Orphaned children and caregivers are among the dead, with children harmed in over half of the attacks on civilians at these sites.”

    The GHF aid system has been condemned by UN agencies. On Friday, UN Secretary-General Antonio Guterres called it “inherently unsafe”.

    From the start the UN condemned the plan, saying it would “militarise” aid, bypass the existing distribution network and force Gazans to make long journeys through dangerous territory to get food.

    The Israeli military has said it is examining reports of civilians being “harmed” while approaching GHF aid distribution centres.

    According to a report by Israeli newspaper Haaretz on Friday, unnamed Israel Defense Forces (IDF) soldiers said they were ordered to shoot at unarmed civilians near aid distribution sites to drive them away or disperse them.

    Israel’s Prime Minister Benjamin Netanyahu strongly rejected the report, calling the allegations “malicious falsehoods”.

    The Israeli military also denied allegations of deliberately firing at Palestinians waiting to collect humanitarian aid.

    In a statement on Monday, the IDF said it was reorganising access to the sites and this would include new “fencing” and signposting, including directional and warning signs in order to improve the operational response.

    But the 130-plus aid organisations said GHF “is not a humanitarian response” for the Gazans.

    “Amidst severe hunger and famine-like conditions, many families tell us they are now too weak to compete for food rations,” the groups said.

    Continue Reading

  • Evolution of the accounting treatment of Renault Group’s stake in Nissan

    Evolution of the accounting treatment of Renault Group’s stake in Nissan

    Boulogne-Billancourt, July 1, 2025  As of June 30, 2025, Renault Group will change the way it accounts for its stake in Nissan. Previously accounted for using the equity method, this investment will now be a financial asset measured at fair value through equity (estimated on the basis of Nissan’s stock price).

    Accounting impacts of the change in method

    • The implementation of this new accounting treatment, resulting from the recent changes in the terms and conditions for the exercise by Renault Group of its rights related to its stake in Nissan, will result in the recognition of a loss estimated at €9.5 billion1, which will be recognized in the income statement, mostly as “other operating income and expenses” at the date of the change, with no cash impact and no impact on the calculation of the dividend paid by Renault Group.
    • This amount corresponds to the difference between the present carrying value of the investment and its estimated fair value based on Nissan’s stock price as of June 30, 2025, plus the impact of the recycling of conversion reserves and net investment hedges related to Nissan’s equity‑accounted securities.
    • Thereafter, any change in the fair value of the stake in Nissan (estimated on the basis of Nissan’s stock price) will be directly recognized in equity, with no impact on Renault Group’s net income.
    • This approach aligns the value of the stake in Nissan in Renault Group’s financial statements with the value of Nissan’s share price.

    A pragmatic and business-oriented approach

    • Although this accounting change implies a significant adjustment to Renault Group’s financial statements, it does not change the strategic and operational commitments between Renault Group and Nissan.
    • The two partners continue to work on joint industrial and technological development programs, as evidenced by the new strategic projects announced on March 31, 2025.
    • These initiatives illustrate a relationship based on pragmatic and business-oriented decisions and show a common desire to maximize synergies and create value for both companies, while allowing each to maintain flexibility and efficiency for their operations.


    [1] Estimation based on a Nissan’s stock price of JPY350 and a EUR/JPY exchange rate of 169 (the definitive amount will be confirmed when Renault Group’s half-year financial statements are published).

    Continue Reading

  • The best theatre to stream this month: Stereophonic’s suite of addictive songs | Stage

    The best theatre to stream this month: Stereophonic’s suite of addictive songs | Stage

    Stereophonic

    It’s billed as a play not a musical but Stereophonic, the US hit now in London, has some of the best new songs played on a West End stage this decade. The tracks deepen the relationships within a rising yet imploding 70s band during coke-fuelled sessions for their new LP. But the songs become the source of much drama, too, not least when the group fight over which will make the final album. How could they cut Masquerade?! Happily it’s included on the original, sensational Broadway cast recording alongside Bright, a track catchy enough to warrant its trio of versions.

    A Tupperware of Ashes

    “Queen Lear” was playwright Tanika Gupta’s pitch for her 2024 drama about a British Bengali restaurateur and mother of three who is diagnosed with early onset dementia. Meera Syal plays the lead role. Available on National Theatre at Home from 8 July.

    King Lear

    A chance to look (or listen) to Lear itself. Richard Wilson as the king is reason enough to tune in but this Drama on 4 BBC radio production of Shakespeare’s towering tragedy also boasts David Tennant, Greta Scacchi, Tamsin Greig and Toby Jones.

    Liza: A Truly Terrific Absolutely True Story

    “She had the thing that you can’t teach,” runs one accolade for Liza Minnelli in this documentary that takes in her illustrious lineage and the highs and lows of her personal life while also showcasing her electrifying performances. On BBC iPlayer.

    Krista Apple in Jon Fosse’s A Summer Day. Photograph: Johanna Austin

    A Summer Day

    Jon Fosse won the Nobel prize in literature in 2023, praised by the committee for expressing “the most powerful human emotions of anxiety and powerlessness in the simplest everyday terms”. Philadelphia’s Wilma theatre presents A Summer Day, his meditation on memory, available 7-27 July.

    A Night With Janis Joplin

    A tribute to blazing singer-songwriter featuring her tracks, her influences and a piece of her heart. Mary Bridget Davies dons the round glasses for the musical, filmed at the Peacock theatre in London in 2024. On Marquee TV from 4 July.

    In Praise of Love

    In this 1973 play, Terence Rattigan “came as close as he ever did to exposing his own emotional defensiveness”, wrote Michael Billington. The Orange Tree’s revival runs at the theatre until 5 July and is then available on demand, 8-11 July.

    The Classics ReFramed

    From Sadler’s Wells, here is a trio of short films that reimagine classic works. Folu Odimayo’s The Lions are Coming draws on The Rite of Spring, Mythili Prakash’s Mollika is inspired by Rabindranath Tagore and Aṁṁonia, choreographed by Emma Farnell-Watson and Kieran Lai, pays homage to Pina Bausch.

    Continue Reading

  • Prince William supports Mousehole AFC’s road project

    Prince William supports Mousehole AFC’s road project

    Cameron Weldon

    BBC News, South West

    PA Media Prince William is wearing a dark green shirt. He is looking away from the camera and smiling. The background is out of focus but has greenery and trees in the background. PA Media

    Prince William said it was a “privilege” to be able to help a local community group

    A Cornish football club’s decades-long desire to replace the pothole-ridden road leading to its ground will go ahead following backing from the Prince of Wales.

    Mousehole AFC had previously failed to raise the reported six-figure funds needed to build a new access road for Interiora Trungle Parc.

    Prince William saw a newspaper story about the club’s struggles and set up a consortium of businesses to fund its plans, describing it as a “privilege” to help.

    The club’s vice chairman Deryk Heywood said a replacement road had been mooted at least 48 years ago and it was an “absolute dream” to see it happen, while project lead Simon Taylor said without the royal’s involvement it “would not be happening”.

    A picture taken by a drone of a green, rural landscape with lots of fields and a small village in the distance. The sea is also in the distance. There is a football pitch and cricket pitch at the centre of the picture.

    Mousehole AFC hope the works will be completed in time for the start of the new football season in August

    The club said Prince William had read an article in the Observer in October and got in touch to explore whether the Duchy of Cornwall could help.

    Mr Taylor said he thought the first email from the palace was fake.

    “My mind was blown, I was at work and I had an email and I thought it was a scam,” he said.

    “I called the number and I spoke with Prince William’s private secretary, and within two weeks I was having a meeting and the project got well under way.”

    A close up image of a gravel pot hole ridden road. It has patches of dirt and small rocks, set in a rural lane. There is also a sign to the football club in the distance.

    Project lead Simon Taylor said he had damaged his car driving on the access road

    The club said the new road would provide direct access from the B3315 to the ground and reduce congestion in the nearby village of Paul.

    It would also create opportunities for sport and community events and serve both its seasonal campsite and neighbouring Paul Cricket Club.

    Mr Heywood said: “When I was a player here 48 years ago the committee talked about getting a road. For it to actually come to fruition is just an absolute dream.”

    The club’s vice president Brian Richardson said the project had all but “petered out” until the prince got involved.

    He said some coaches had to park a mile out of the village and players had to walk to the ground before games.

    Mr Taylor said the club’s supporters had also been “put off” by the road, which had damaged cars, including his own.

    A close-up of a man leaning on the side of the football pitch in the sunshine looking directly at the camera. He is wearing a navy Gillet with the Mousehole AFC logo on it. Underneath is a plain white t-shirt. There is a green football pitch in the background with some covered stands in the distance.

    Mr Taylor said the club wanted to have a “greater involvement in the community” which he said can only be built if “you have the accessibility”

    Prince William said he was looking forward to seeing the finalised road.

    “I have seen time and time again that community hubs are essential in providing the spaces for people to come together, to build stronger communities and to allow people to thrive,” he added.

    Work is set to begin this week and the club said it hoped it would be finished by the start of the new football season next month.

    Continue Reading

  • Taylor Swift, Charli xcx and Springsteen among live music acts who gave UK £10bn lift in 2024 | Music industry

    Taylor Swift, Charli xcx and Springsteen among live music acts who gave UK £10bn lift in 2024 | Music industry

    A wave of big-name acts including Taylor Swift, Charli xcx and Bruce Springsteen helped to attract a record of more than 23 million live music fans in the UK last year, leading to an unprecedented £10bn of spending across the UK economy.

    A report from the industry body UK Music estimates that 23.5 million “music tourists” attended concerts and festivals last year, up almost a quarter on the 19.2 million in 2023.

    While the vast majority, 93%, were UK music fans, the number of overseas music tourists climbed to 1.6 million, a 62% annual increase.

    The Hometown Glory report credited Swift’s Eras tour, the most commercially successful tour of all time, with helping to drive the figures to a “new high”, while festivals including Glastonbury, Download and Boardmasters also proved to be big draws.

    Other major acts who played in the UK last year included Sam Fender, Olivia Rodrigo, Girls Aloud, Chappell Roan, the Killers and Foo Fighters.

    Lisa Nandy, the culture secretary, said: “These numbers show just how powerful the UK is as a home for live music, attracting the biggest acts, drawing millions of fans, and giving a real boost to local economies through tourism and jobs.”

    Spending on music tourism hit a record £10bn last year, up by about 25% over the £8bn spent in 2023. The figure includes £5.1bn spent directly by music tourists on tickets, food and drink, merchandise, travel, parking and accommodation.

    It also includes £4.9bn classified as indirect spending such as on fencing and security at concerts.

    While the additional 4.3 million music tourists that attended gigs and concerts last year helped fuel the record £10bn spend, it has also been boosted by the impact of inflation on accommodation, travel and food and drink as well as soaring ticket prices.

    This year, Oasis fans are expected to splash out more than £1bn on the reunion tour, more than £766 a person across the 17-date tour.

    The report highlights the dominance of London, which is home to big arenas such as the O2 and Wembley, which drew 7.5 million music fans and accounted for £2.7bn of the total £10bn in revenues. The capital was followed by the north-west of England, with 3.3 million visitors and £1.2bn in revenues, and the south-west of England, with 2.5 million music tourists and £1.1bn.

    skip past newsletter promotion

    Overall, the live music industry supported 72,000 full-time equivalent jobs last year, up from 62,000 in 2023, according to UK Music.

    However, the report also highlights the increasing pressure on the industry, with 250 festivals having ceased to operate between 2019 and June this year.

    “While music generates huge benefits for our local areas, there remain a number of challenges facing our sector such as the rising cost of touring for artists and the threat of closure looming over venues, studios and other music spaces.”

    Continue Reading

  • ‘Smoke and confusion’: exhibition points out Jane Austen’s true thoughts on Bath | Jane Austen

    ‘Smoke and confusion’: exhibition points out Jane Austen’s true thoughts on Bath | Jane Austen

    The city of Bath does not fight shy of promoting its Jane Austen connections, tempting in visitors from around the world by organising tours, balls, afternoon teas and writing and embroidery workshops inspired by the author. If you have the inclination, you can buy souvenirs ranging from Jane Austen Top Trumps to a Mr Darcy rubber duck.

    But in this, the 250th anniversary year of her birth, an exhibition is being launched daring to point out that in truth Austen wasn’t terribly happy during the five years she lived in the city.

    Called The Most Tiresome Place in the World: Jane Austen & Bath, the exhibition at the museum and venue No 1 Royal Crescent highlights the rather miserable time she had in the Georgian city.

    Although she disliked Bath, Jane Austen used the city extensively as backdrops in two of her novels, Persuasion and Northanger Abbey. Photograph: Ben Birchall/PA

    Izzy Wall, the curator for the exhibition, said: “Bath is known for Jane Austen and I think just about every organisation in Bath, including us, use it. We benefit from the association. But she didn’t like living in the city. She’s got lots of not particularly pleasant things to say about it.”

    When Austen was told the family were moving from Hampshire to Bath, she is said to have fainted. “How much that is exaggerated, we’ll never know, but it’s a good story,” Wall said. “She was pulled up from her lovely idyllic country life into a big smoky city.

    “We look at Bath today as a beautiful, historic town but in Austen’s time it was still a building site in places. Every house had a smoking chimney and it was lacking in proper sewage. Parts of it, at least, wouldn’t have been the nicest place to be.”

    A manuscript of Jane Austen’s unfinished novel The Watsons, which is going on display in Bath in an exhibition looking at her time in the city. Photograph: The Bodleian Libraries, University of Oxford,

    Austen lived in Bath between 1801 and 1806. In a letter she wrote that features in the exhibition, she described her first view of Bath as “all vapour, shadow, smoke & confusion”.

    There was grief in 1805 when Austen’s father caught a fever in Bath and died. “He was frail,” said Wall, “but it was out of the blue, a heartbreaking thing for Jane Austen. Her father was loving and kind and really supportive of her writing. It also meant financial insecurity for the family.”

    Wall said Austen barely wrote when she was in Bath. “The only thing she wrote was the start of a novel called The Watsons. She had a go at writing but didn’t get very far.”

    Visitors will see a segment of The Watsons manuscript, borrowed from the the Bodleian Libraries in Oxford. It is thought to be the first time it has returned to Bath since Austen wrote it.

    Wall said that after the family left Bath for Chawton in Hampshire, Austen became productive again. A letter Austen wrote in 1808 that also appears in the show describes her “happy feelings of Escape!” after leaving Bath.

    Though she didn’t like Bath, that doesn’t mean she wasn’t inspired by it. She had visited before the family moved and used the city extensively as backdrops in two of her novels, Persuasion and Northanger Abbey.

    Wall said Bath was a key place for Austen. “She was absorbing everything, watching and weaving it into her narratives.” She said fans loved walking in the streets Austen knew. “But we want to lift the lid, scratch the surface and look into the complex relationship she had with the city.”

    The title for the exhibition is taken from a conversation in Northanger Abbey between Catherine Morland and Henry Tilney when he says: “For six weeks, I allow Bath is pleasant enough; but beyond that, it is the most tiresome place in the world.”

    As well as the exhibition, the house will be running tours, talks and events in a programme funded by the National Lottery Heritage Fund.

    The Most Tiresome Place in the World: Jane Austen & Bath opens on 5 July 2025. More details here.

    Continue Reading

  • 13 Cancers in One Blood Test — but 75% False Alarms

    13 Cancers in One Blood Test — but 75% False Alarms

    A prospective cohort study led by Yang Shao, PhD, president and CEO of Geneseeq Technology Inc. and professor at Nanjing Medical University, Nanjing, published in Nature Medicine, on a blood test capable of simultaneously detecting 13 types of cancer. The test demonstrated high sensitivity and specificity and was able to identify early-stage cancers that often go unnoticed during routine screenings.

    Traditional cancer screening methods are often invasive, expensive, and time-consuming, which can reduce patient adherence. In addition, several cancers — such as pancreatic cancer — are typically asymptomatic in their early stages and progress rapidly, with no established screening protocols currently available.

    This prompted the development of less invasive approaches, such as multi-cancer early detection (MCED) blood tests that can detect a cancer signal from circulating cell-free DNA. These simple blood tests analyze plasma cell-free DNA using genetic and fragmentomic-based features from whole genome sequencing to simultaneously detect multiple cancer types. Although promising, current MCED tests still have relatively low sensitivity, typically less than 60%. Experts, including those from the American Cancer Society, cautioned that widespread use could create a false sense of reassurance and potentially deter patients from following up with standard screenings.

    Researchers have developed an MCED blood test that detects 13 cancers: breast, cervical, colorectal, endometrial, esophageal, gastric, liver, lung, ovarian, pancreatic, prostate, biliary tract, and lymphoma. These cancers account for 66.6% of all new cases and 74% of cancer-related deaths worldwide. The test uses two main classifiers: the detection-of-cancer classifier, tasked with confirming the presence of cancer, and the tissue-of-origin classifier, responsible for pinpointing the primary site of malignancy by analyzing and integrating feature frameworks, including copy number variations, fragment size coverage, fragment size distribution, nucleosome footprint, and fragment-based methylation.

    To develop the test, researchers analyzed 6553 blood samples, 3076 from patients with cancer and 3477 from healthy individuals, divided into a training dataset of 4807 samples and an internal validation dataset of 1746 samples.

    Independent validation was performed using a prospectively enrolled cohort of 1465 participants in an age-matched fashion, comprising 732 patients with cancer and 733 non-cancer individuals between April and November 2021. In the third ongoing phase, 3724 asymptomatic adults aged 45-75 years in the Jinling cohort underwent both complete physical examinations and the MCED test in June 2023.

    Positive Results

    In independent validation, the MCED test showed an overall sensitivity of 87.4% and specificity of 97.8%. The sensitivity was particularly high for certain cancer types, such as 100% for liver and biliary tract cancer, 94.5% for lung cancer, and 82.3% for colorectal cancer. Even cancers that are difficult to diagnose early, such as pancreatic and ovarian cancers, showed a sensitivity of 76.9% for pancreatic cancer and 90.5% for ovarian cancer. Breast cancer had the lowest sensitivity at 63.8%.

    The test was effective in detecting early-stage disease, with a sensitivity of 79.3% for stage I and 86.9% for stage II cancer. This increased to 92.4% for stage III and 97.1% for stage IV. When considering the top two tissue origin predictions, the accuracy increased to 90.7% for the internal set and 91.7% for the independent set. It performed best in identifying cancers of the colon-rectum, lungs, and liver but was less accurate for pancreatic and stomach cancers, correctly identifying the origin in 50% or fewer cases.

    In a prospective screening cohort of asymptomatic individuals, the MCED test identified 23 of 43 cancer cases within 1 year, with an overall sensitivity of 53.5%. When limited to the 13 cancers that the test was designed to detect, the sensitivity increased to 62.1%. Most of these cases (93%) were early-stage cancers (stage 0, I, or II). The specificity remained high at 98.1%, with a positive predictive value (PPV) of 25% and a negative predictive value of 99.4%.

    Notably, 8 of the 23 positive patients who received a positive MCED result had their cancers undetected through physical examination, and 4 had cancers for which there is currently no recommended screening, highlighting the potential of the MCED test to effectively detect cancers that would otherwise have gone undetected.

    “Our study demonstrated high sensitivity, highlighting our classifier’s ability to detect cancer cases, even in populations with lower disease prevalence. This underscores the capacity of our classifier to effectively detect incident cancer cases under real-world screening conditions, facilitated by comprehensive physical examinations,” the authors concluded.

    These findings suggest that the MCED test could be a valuable complement to existing screening methods, particularly for cancers without routine early detection tools. The ability to detect early-stage pancreatic and ovarian cancers is particularly promising. However, broader validation across diverse populations, cost-effectiveness analyses, and studies on the psychological impact of screening outcomes are critical before widespread clinical implementation.

    One key limitation was that the PPV achieved was 25% for the MCED test, which was lower than the 38% reported in the PATHFINDER study published in 2023.

    “The PATHFINDER trial enrolled participants with a higher cancer prevalence and utilized the MCED test results to trigger diagnostic workup, systematically investigating participants with positive test results, thus inherently enriching their cohort for cancer diagnoses within the workup pathway. Conversely, the Jinling study adopted a standardized comprehensive physical examination for all participants as the primary screening modality, independent of MCED test outcomes and within the context of lower cancer prevalence,” the researchers noted.

    However, the absolute number of false positives in the Jinling study was low (20 of 3724 participants, or 0.54%). False-positive results can lead to unnecessary anxiety, further invasive diagnostic procedures, and potentially inappropriate treatment for patients. The researchers emphasized the need to improve the sensitivity of the MCED test for very early-stage cancers while reducing false positives.

    This story was translated from Univadis Italy

    Continue Reading

  • Michelin Stars: How a tire company became the world’s biggest food critic |

    Michelin Stars: How a tire company became the world’s biggest food critic |

    Picture early 20th-century France: dusty roads, fewer than 3,000 cars in total, and a country where hitting the highway was a daring adventure. Enter brothers André and Édouard Michelin – tire manufacturers with a dream.In 1900, they launched the Guide Michelin, a complimentary handbook packed with maps, repair tips, and places to rest or dine. It was a clever ploy to encourage travel and tire wear.However, to everyone’s surprise and delight – the guide quickly found a new purpose: enhancing gastronomic exploration.

    Michelin (10)

    In 1926, Michelin introduced a single star for “fine dining,” and by 1931, fleshed this out into the familiar one–two–three star system – laying the groundwork for culinary prestige.Here’s how the Michelin brothers transformed a humble tire company’s pamphlet into the global authority on culinary excellence.Let’s take a trip down that delicious journey!

    From a motorist’s manual to a cultural icon: The becoming

    What started as an unlikely venture of a tire company changed the course of how people tasted and praised meals. In 1889, the Michelin brothers founded their tire company in Clermont-Ferrand. As automobiles slowly began appearing on French roads – fewer than 3,000 nationwide – the brothers recognized a business opportunity. They created a guidebook with maps, garage listings, tire-repair advice, and hotel and restaurant suggestions to entice drivers to travel – and wear out tires faster.The inaugural edition appeared in 1900. Over 35,000 copies of this complimentary guide were distributed – fuel for the infant auto industry.

    Michelin (13)

    Legend has it that, somewhere along the line, guides were repurposed to support mechanics’ workbenches. Moved by this realization, Michelin began charging a modest seven francs in 1920. As the saying goes, “people truly respect what they pay for.”

    From maps to meals: Emphasizing restaurants

    Initially, restaurant listings played a minor role. But by the 1920s, Michelin noticed that diners prized culinary guidance the most. They decided to run the guide ad-free, add detailed restaurant categories, and recruit anonymous inspectors – paid diners tasked with assessing establishments impartially.

    Michelin (4)

    1920–1931: The stars were born

    As the guide gained credibility, its restaurant section began to attract more attention. Michelin hired anonymous inspectors to dine incognito, providing impartial evaluations.In 1926, they introduced the first star: a single indication of “fine dining.” This simple star sent shockwaves through the culinary world – it wasn’t just a meal; it was recognition.Only five years later, in 1931, came the now-iconic three-tiered hierarchy:One star: “Very good restaurant in its category.”Two stars: “Excellent cooking, worth a detour.”Three stars: “Exceptional cuisine, worth a special journey.” That year also saw the guide donning its signature red cover, emblematic of its transformation into a hallmark of luxury.

    Michelin

    The secret sauce behind the shining stars

    What makes a Michelin star so coveted?Inspection standards: Inspectors remain anonymous, pay their own bills, and return multiple times to ensure consistency. Judging hinges on five core factors: ingredient quality, cooking technique, chef’s personality, value, and consistency.Credibility through anonymity: This covert evaluation builds trust. Michelin’s unswerving standards – undeclared visits, tab payment, and no decor bias – promote fairness and respect, even among the elite chefs being reviewed.Influence and pressure: Stars carry enormous weight. Gaining one can make a chef overnight; losing it can devastate careers. The tragic case of Bernard Loiseau, who died amid rumors of losing a third star, sparked debate about the psychological toll of Michelin’s influence.

    Michelin (8)

    Going global, gastronomically

    Beyond France: Global expansion and modern adaptationsPost-World War II, guide production resumed, helping rejuvenate travel and hospitality. From the 1950s onward, the Michelin Guide went global – Italy in 1956; from the 2000s, it jumped continents to New York (2005), Tokyo (2007), and Hong Kong (2009). Today, it spans over 40 countries and evaluates more than 30,000 establishments.Michelin also introduced the Bib Gourmand in 1997, recognizing restaurants that deliver excellent food without the indulgence of stars, making the guide more inclusive.

    The dark side of the moon: The star’s shadow

    With prestige came pressure. Michelin recognition can be transformative – reservations soar, global acclaim follows. Yet, it also comes with pressure. Stars opened doors – and shut them. Chefs felt immense stress to maintain standards. In 2003, tragic rumors linked the suicide of Bernard Loiseau to the fear of losing a third star. Some chefs even returned stars voluntarily, rejecting the intense scrutiny.Critics have also accused Michelin of promoting elitism and sidelining regional authenticity in favor of conformity.

    Michelin (9)

    The hall of fame

    Eugénie Brazier – Six-Star Pioneer: In 1933, Lyonnaise chef Eugénie Brazier became the first person to hold six Michelin stars – three for each of her two restaurants – a feat that stood unparalleled until Alain Ducasse in 1998.Brazier and Marie Bourgeois became the first three-star female chefs, featured in the 1933 edition.The 1939 guide was even repurposed by Allied forces for its reliable maps during D-Day.The guide has embraced diverse talents. Vegan chef Claire Vallée earned her star, and Lung King Heen became the first Chinese restaurant to ever receive three stars.

    From tires to tastemakers: The lasting (and tasty) legacy

    Michelin (2)

    What began as a marketing gimmick morphed into an authority in fine dining. The Michelin star system, born from a desire to prompt travel and rooted in delicious discovery, has reshaped global dining in the 20th and 21st centuries. Michelin’s guide restructured food culture, blending rigorous evaluation with the romance of travel. It launched restaurant empires, invented celebrity chefs, and extended gastronomic frontiers. Today, its stars guide diners across continents, inspire chefs to new heights, and maintain strict standards from invisible tables behind kitchen doors. To this day, the Michelin Star system remains a marvel of corporate creativity and cultural transformation. Alberto Pic’s 3-star valuation, Mère Brazier’s pioneering tenure, and Loiseau’s tragic story – all serve as testament to this fascinating pivot from industrial marketing to gastronomical reverence. From humble tire guides propping up mechanics’ benches to red books held by gourmands worldwide – the Michelin journey is a testament to transformation, taste, and tenacity in the pursuit of excellence.

    On world food day, Vardhan Puri shares his biggest kitchen disaster


    Continue Reading

  • Stoxx 600, FTSE, DAX, tariff deadline

    Stoxx 600, FTSE, DAX, tariff deadline

    Good morning from London, here are the opening calls

    General view of the City of London skyline, the capital’s financial district, in October.

    Sopa Images | Lightrocket | Getty Images

    Welcome to CNBC’s live blog covering all the action in European financial markets on Tuesday, as well as the latest regional and global business news, data and earnings.

    Futures data from IG suggests a generally positive start for European markets, with London’s FTSE looking set to open unchanged at 8,774, Germany’s DAX up 0.2% at 23,955, France’s CAC 40 up a notch at 7,679 and Italy’s FTSE MIB up slightly at 39,865.

    The generally positive start for Europe comes as global investors begin to assess the trade talks and the tariff landscape as U.S. President Donald Trump’s 90-day reprieve from higher import duties is set to expire next week.

    Asia-Pacific markets traded mixed overnight as investors assessed the record gains on Wall Street and the prospects for trade deals, while U.S. equity futures were little changed early Tuesday after the S&P 500 notched another record to close out a stunning quarter.

    U.S. Treasury Secretary Scott Bessent said Monday that there are “countries that are negotiating in good faith.” However, he added that tariffs could still “spring back” to the levels announced on April 2 “if we can’t get across the line because they are being recalcitrant.”

    Canada walked back its digital services tax in an attempt to facilitate trade negotiations with the United States. Ottawa’s move to rescind the new levy comes after President Donald Trump said on Friday that he would be “terminating ALL discussions on Trade with Canada.”

    — Holly Ellyatt

    What to look out for Tuesday

    A Tante Enso store in Wörlitz, Germany.

    Picture Alliance | Picture Alliance | Getty Images

    The big data release in Europe on Tuesday is the latest preliminary inflation data from the euro zone. Analysts expect the rate to have hit 2% in the year to June, which would be in line with the European Central Bank’s target.

    Earnings are set to come from Sodexo and Sainsbury’s. Other data releases include German unemployment figures and U.K. Nationwide house prices data.

    CNBC continues coverage of the ECB’s forum in Sintra, Portugal, where central bankers have gathered this week.

    — Holly Ellyatt

    Continue Reading

  • Study links hormone therapy to breast cancer risk in younger women

    Study links hormone therapy to breast cancer risk in younger women

    Scientists at the National Institutes of Health (NIH) have found that two common types of hormone therapy may alter breast cancer risk in women before age 55. Researchers discovered that women treated with unopposed estrogen hormone therapy (E-HT) were less likely to develop the disease than those who did not use hormone therapy. They also found that women treated with estrogen plus progestin hormone therapy (EP-HT) were more likely to develop breast cancer than women who did not use hormone therapy. Together, these results could help to guide clinical recommendations for hormone therapy use among younger women.

    The two hormone therapies analyzed in the study are often used to manage symptoms related to menopause or following hysterectomy (removal of uterus) or oophorectomy (removal of one or both ovaries). Unopposed estrogen therapy is recommended only for women who have had a hysterectomy because of its known association with uterine cancer risk.

    Hormone therapy can greatly improve the quality of life for women experiencing severe menopausal symptoms or those who have had surgeries that affect their hormone levels. Our study provides greater understanding of the risks associated with different types of hormone therapy, which we hope will help patients and their doctors develop more informed treatment plans.”


    Katie O’Brien, Ph.D., lead author of NIH’s National Institute of Environmental Health Sciences (NIEHS)

    The researchers conducted a large-scale analysis that included data from more than 459,000 women under 55 years old across North America, Europe, Asia, and Australia. Women who used E-HT had a 14% reduction in breast cancer incidence compared to those who never used hormone therapy. Notably, this protective effect was more pronounced in women who started E-HT at younger ages or who used it longer. In contrast, women using EP-HT experienced a 10% higher rate of breast cancer compared to non-users, with an 18% higher rate seen among women using EP-HT for more than two years relative to those who never used the therapy.

    According to the authors, this suggests that for EP-HT users, the cumulative risk of breast cancer before age 55 could be about 4.5%, compared with a 4.1% risk for women who never used hormone therapy and a 3.6% risk for those who used E-HT. Further, the association between EP-HT and breast cancer was particularly elevated among women who had not undergone hysterectomy or oophorectomy. That highlights the importance of considering gynecological surgery status when evaluating the risks of starting hormone therapy, the researchers noted.

    “These findings underscore the need for personalized medical advice when considering hormone therapy,” said NIEHS scientist and senior author Dale Sandler, Ph.D. “Women and their health care providers should weigh the benefits of symptom relief against the potential risks associated with hormone therapy, especially EP-HT. For women with an intact uterus and ovaries, the increased risk of breast cancer with EP-HT should prompt careful deliberation.”

    The authors noted that their study is consistent with previous large studies that documented similar associations between hormone therapy and breast cancer risk among older and postmenopausal women. This new study extends those findings to younger women, providing essential evidence to help guide decision-making for women as they go through menopause.

    Source:

    National Institutes of Health (NIH)

    Journal reference:

    O’Brien, K. M., et al. (2025). Hormone therapy use and young-onset breast cancer: a pooled analysis of prospective cohorts included in the Premenopausal Breast Cancer Collaborative Group. The Lancet Oncology. doi.org/10.1016/S1470-2045(25)00211-6.

    Continue Reading