Blog

  • Spectris Says Advent Dropping Takeover Bid, Clearing Way for KKR

    Spectris Says Advent Dropping Takeover Bid, Clearing Way for KKR

    By Elena Vardon

    Spectris said that private-equity firm Advent International has informed the company it won't go forward with its takeover offer after being outbid by KKR.

    The U.K. precision-measurement company agreed to the terms of an improved cash offer from KKR valuing the target at 4.2 billion pound ($5.65 billion)--or 41.75 pounds a share--last week. On Tuesday, it withdrew its intention to recommend Advent's slightly lower offer in the latest twist in a protracted bidding war.

    The group on Friday said that Advent confirmed that its latest offer valuing each Spectris share at 41 pounds was final and wouldn't be increased. Advent informed the company that it no longer wishes to proceed with a deal.

    Spectris's board acknowledged this and said it released the suitor from its obligations under the U.K. takeover code.

    Spectris shareholders are set to vote on KKR's improved offer on Aug. 27.

    Write to Elena Vardon at elena.vardon@wsj.com

    (END) Dow Jones Newswires

    August 11, 2025 01:40 ET (05:40 GMT)

    Copyright (c) 2025 Dow Jones & Company, Inc.

    The articles, information, and content displayed on this webpage may
    include materials prepared and provided by third parties. Such
    third-party content is offered for informational purposes only and
    is not endorsed, reviewed, or verified by Morningstar.

    Morningstar makes no representations or warranties regarding the
    accuracy, completeness, timeliness, or reliability of any third-party
    content displayed on this site. The views and opinions expressed in
    third-party content are those of the respective authors and do not
    necessarily reflect the views of Morningstar, its affiliates, or employees.

    Morningstar is not responsible for any errors, omissions, or delays
    in this content, nor for any actions taken in reliance thereon.
    Users are advised to exercise their own judgment and seek independent
    financial advice before making any decisions based on such content.
    The third-party providers of this content are not affiliated with
    Morningstar, and their inclusion on this site does not imply any
    form of partnership, agency, or endorsement.

    Continue Reading

  • AI Race Heats Up: After GPT-5, Gemini, and Storybook AI, Microsoft Brings Copilot 3D to Turn Photos into 3D Models

    AI Race Heats Up: After GPT-5, Gemini, and Storybook AI, Microsoft Brings Copilot 3D to Turn Photos into 3D Models

    The world of artificial intelligence is moving faster than ever. In the past few weeks alone, we’ve seen some major launches that have left tech fans and everyday users amazed. OpenAI released GPT-5, a powerful new AI model that can understand and reason better than ever. Google rolled out its latest Gemini upgrade, pushing the limits of what conversational AI can do. Then came Storybook AI, a creative writing tool that can spin entire stories from just a few prompts.

    Now, it’s Microsoft’s turn to make headlines again, and this time, it’s about giving your photos a whole new dimension. Just one day after introducing Smart Mode in Copilot (powered by GPT-5), Microsoft has unveiled Copilot 3D, a tool that can transform simple, flat 2D images into fully interactive 3D models.

    Microsoft describes it as – “Copilot 3D is an AI-powered tool exclusive to Copilot Labs that lets users turn a single image into a fully rendered 3D model – no prior experience needed. It’s designed to make 3D creation fast, accessible and intuitive. Whether you’re exploring ideas, testing a concept, or guiding hands-on learning, Copilot 3D supports imaginative experimentation without the complexity of traditional 3D software.”

    The idea is simple: take a picture, feed it into Copilot 3D, and watch it come to life in three dimensions. You can rotate it, explore it from all angles, and even tweak it to match your ideas. And the best part? You don’t need to be a professional designer or spend weeks learning complex 3D software.

    Copilot 3D is part of Copilot Labs, a space where Microsoft experiments with creative and cutting-edge AI tools. The company says this new feature is ideal for quickly testing concepts, creating educational models, or simply experimenting for fun. It eliminates the typical frustration and complexity associated with working with traditional 3D programs.

    For now, Copilot 3D is free but available only to those who sign in with their personal Microsoft Account. Microsoft advises using it on a desktop browser for now, with mobile browser support coming soon. Copilot 3D currently supports downloads in GLB format. Your 3D creations will be saved to My Creations page for 28 days, post which Microsoft will automatically remove them from its system. You can also delete them manually at any time. Copilot 3D will support PNG or JPG file uploads under 10 MB.

    This launch is also part of a bigger trend in the AI industry. Companies are not only competing on how “smart” their AI is, but also on how creative and useful it can be. AI is moving from simply answering questions to helping people design, build, and imagine entirely new things.

    Continue Reading

  • Demi Lovato joins Jonas Brothers at JONAS20 New Jersey stop reigniting rumours of ‘Camp Rock 3’

    Demi Lovato joins Jonas Brothers at JONAS20 New Jersey stop reigniting rumours of ‘Camp Rock 3’

    Demi Lovato made a surprise appearance at the Jonas Brothers’ JONAS20 tour launch at East Rutherford’s MetLife Stadium, marking their first professional performance together since Camp Rock 2: The Final Jam.

    The Jonas Brothers — Nick, Joe, and Kevin — opened their anniversary tour to an excited crowd, but the atmosphere shifted when Lovato took the stage.

    Earlier in the day, fans had reported hearing her during soundcheck, prompting whispers of a special collaboration. The performance included a nostalgic rendition of This Is Me and Wouldn’t Change a Thing, drawing emotional reactions from the audience.

    Lovato and Joe Joans also proceeded to put to post videos on Tiktok, lip-syncing to the iconic songs of Camp Rock.

    Online, many fans expressed disbelief and joy at the reunion, with some suggesting Disney may be preparing a third instalment of the beloved Disney Channel film series.

    The original Camp Rock debuted in 2008, propelling Lovato and the Jonas Brothers into global stardom. While no official statement has been made, Lovato recently re-followed the band on Instagram, adding fuel to the rumours.

     

    Continue Reading

  • USA exacts perfect revenge on Canada with 16-8 triumph

    USA exacts perfect revenge on Canada with 16-8 triumph

    Australia edge Japan in overtime in bronze medal game

    Earlier, Australia defeated Japan 13-12 with a golden goal in overtime to cap off a thrilling battle for third place.

    The Australians, hunting their second bronze medal in lacrosse sixes at The World Games and their third overall, secured the goods after a decisive goal from their top goal scorer, Georgia Latch, 27 seconds into overtime.

    “Honestly, it feels amazing [and] a little bit emotional,” Latch told Olympics.com after. “We came onto this field just wanting to prove ourselves and make our country proud, and I think we did just that. I can’t thank my teammates more, honestly.

    Hannah Nielsen setting me up in that last shot. I wouldn’t have been there without her. I think I just put it all on my teammates, it’s all them.”

    Despite a 3-2 lead in the first quarter, Australia found itself mostly in chase mode throughout regular time.

    Japan, hunting its first major lacrosse medal in Chengdu, capitalised on Australia’s turnovers with sister act Nazakawa Kokoro (four goals) and Nazakawa Negai (three assists) flashing their attacking prowess.

    Out in front at half-time, there the Japanese remained, building out their lead to as much as 12-9 with 4:30 minutes to go in the fourth quarter.

    But momentum switched back in the way of the Australians after back-to-back goals from Mim Suares-Jury and Stephanie Kelly, and a critical red card call on Tanaka Nozomi to allow Latch to strike and level the game 12-12.

    Both sides then flurried looking for a decisive winning goal, and a last-ditch effort from Hannah Nielsen with three seconds to go looked set for the back of the cage. However, a super save from Fujita Runa forced the game into overtime.

    The Australians, in the ascendancy and with the benefit of a 30-second penalty call on Nazakawa Negai in the dying moment of regular time, needed only 27 seconds to find their target and claim the win.

    Continue Reading

  • Blood Cell Patterns Predict Poor Venetoclax Response

    Blood Cell Patterns Predict Poor Venetoclax Response

    TOPLINE:

    Erythroid-predominant myelodysplastic neoplasms (EP MDS) (18%) exhibit unique genomic features with frequent TP53 mutations and distinct survival patterns. These cases show poor outcomes with venetoclax therapy due to BCL-XL dependence rather than BCL2, suggesting the need for alternative treatment strategies.

    METHODOLOGY:

    • Researchers evaluated 371 consecutive patients with newly diagnosed MDS presenting between December 2016 and January 2023, excluding those with chronic myelomonocytic leukemia and acute erythroid leukemia.
    • A separate cohort of 112 consecutive patients with higher-risk MDS and increased blasts > 5% received hypomethylating agent plus venetoclax therapy between April 2017 and November 2023.
    • Patients with insufficient, poor, or inadequate bone marrow samples were excluded to avoid hemodilution confounding effects.
    • EP MDS were defined as those with > 50% normoblasts plus pronormoblasts as a percentage of total bone marrow nucleated cells, while multi-hit TP53-mutated status was defined as having 2 distinct TP53 mutations, concomitant TP53 mutation and deletion of chromosome 17p/TP53, or TP53 variant allele frequency of > 50%.

    TAKEAWAY:

    • EP MDS (n = 67; 18%) showed higher frequencies of TP53 mutations (multi-hit TP53: 36% vs 17%; P = .004), BCOR mutations (12% vs 4%; P = .015), and WT1 mutations (9% vs 2%; P = .011) than non-EP cases (n = 304; 82%).
    • Three distinct genetic subgroups were identified in EP cases with significantly different survival outcomes: TP53 mutant (median survival, 11.4 months), splicing mutant (not reached), and not otherwise specifiable (19.5 months) (P < .001).
    • Among hypomethylating agent-venetoclax treated patients, EP cases showed higher leukemic transformation rates (32% vs 12%; P = .040) and worse survival (8.3 months vs not reached; P = .041).
    • Immunohistochemistry analysis revealed significantly higher BCL-XL-positive cell frequencies in EP than in non-EP cases (62.5% vs 10%; P = .013), with lower BCL2-positive cell frequencies (5% vs 30%; P = .052).

    IN PRACTICE:

    “Overall, our findings provide a detailed characterization of EP MDS and demonstrate its distinct molecular and clinical profile compared to NEP MDS. Notably, we demonstrate that although EP MDS comprises distinct genomic subsets with diverging clinical behavior, a group of these patients experience poor outcomes with currently available therapies. Our work supports the development of alternative therapeutic strategies in high-risk EP MDS cases. It sets the basis for recognizing the importance of dynamically assessing erythroid populations in MDS and developing future clinical trials evaluating the activity of BCL-XL inhibitors in this group of patients,” the authors of the study wrote.

    SOURCE:

    This study was led by Alexandre Bazinet, MD, Sanam Loghavi, MD, and Guillermo Montalban-Bravo, MD, at The University of Texas MD Anderson Cancer Center in Houston. It was published online in Leukemia.

    LIMITATIONS:

    The researchers acknowledged several limitations, including that results were from a single-center study. The low frequency of EP MDS (18% of all cases) limited their ability to definitively identify distinct genomic subgroups. Limited sample availability affected transcriptional characterization and immunohistochemical profiling of large numbers of patients within each EP group. The authors noted that increased BCL-XL expression findings require future validation, and functional studies are needed to confirm whether increased BCL-XL RNA and protein expression translates into BCL-XL dependence. Given the high incidence of TP53 mutations in EP MDS, further studies are needed to determine if poor outcomes with venetoclax-based therapy are driven by TP53 mutations or erythroid-differentiation bias.

    DISCLOSURES:

    This study was supported by the University of Texas MD Anderson Cancer Center Support Grant CA016672, the University of Texas MD Anderson Myelodysplastic Syndromes/Acute Myeloid Leukemia Moon Shot, and the Translational Molecular Pathology-Immunoprofiling lab MoonShots Platform. Sanam Loghavi, MD, disclosed ties with Amgen, Astellas, and multiple other pharmaceutical companies. Hagop Kantarjian, MD, reported relationships with various pharmaceutical companies including AbbVie, Agios, and Amgen. Guillermo Garcia-Manero, MD, disclosed ties with Celgene Corporation, Astex, and Amphivena. Additional disclosures are noted in the original article.

    This article was created using several editorial tools, including AI, as part of the process. Human editors reviewed this content before publication.

    Continue Reading

  • King Charles holds ‘power’ in high-stakes mission to heal rift with Prince Harry

    King Charles holds ‘power’ in high-stakes mission to heal rift with Prince Harry

    King Charles pushes to make peace with Prince Harry before it’s too late

    King Charles and Prince Harry have taken the first step towards building their strained relationship with a “secret peace summit.”

    Now, an insider told RadarOnline that following two years of almost non-existent relationship between the father and son, they’re still in early stages to heal the rift.

    The insider stated, “it’s early stages. But both sides are looking at this meeting between reps as a start, a breaking of the ice.”

    As per the sources the monarch, who is currently battling cancer believed to be incurable, “wanted the meeting as much as Harry did.”

    “Charles sees the possibility that he will not recover,” the source said about King Charles’ illness.

    Adding, “There’s no doubt that timing is crucial with his health deteriorating. That’s why he finally responded to Harry’s calls, though indirectly. He doesn’t want to leave things in this broken state.”

    “Right now, the feeling is both Charles and Harry want to move forward to a point where they can at least sit down face-to-face,” the source stated.

    It is pertinent to mention that Prince William, the elder brother of the Duke of Sussex, was not involved in the “peace talks” but experts believe that “The king would never have made these moves without William’s support and understanding.”

    “Charles knows William won’t have anything to do with Harry and won’t budge an inch,” the source said because of the rift between brothers Prince William and Prince Harry.

    Notably, the wife of the Duke of Sussex, Meghan Markle, was also reportedly not aware about the meeting.

    However, source states that while Meghan “understands Harry’s urgency to mend fences with his father”, she’s “alarmed.”

    Another source noted the reason for Meghan being alarmed might be because “she must be worried the royals could try to lure Harry back and nudge her out.”

    On the other hand, the sources noted that King Charles holds all the cards in peace talks with Prince Harry and it is still “a very tenuous situation.”

    “If either side stands his ground or becomes defensive. it could all come tumbling down.,” the source noted.


    Continue Reading

  • My Monday Routine with Juni Arnekleiv

    My Monday Routine with Juni Arnekleiv

    2023/24 was Juni Arnekleiv’s breakthrough season which she kicked off with her first individual World Cup podium, Single Mixed and Relay podiums all in the Oestersund season-opener.

    That successful year netted her 13th in the World Cup Total Score. Jump to 24/25; Arnekleiv struggled on the range and spent much of the season in the IBU Cup. With the Olympic season on the horizon, the 26-year-old is back with the A team, working hard to secure a spot on Norway’s World Cup and Olympic roster. After two podiums at Blink this past weekend, Arnekleiv showed that things are going in a positive direction.

    On a hot summer afternoon at Passo Lavaze, Arnekleiv described her Monday routine and revealed her surprisingly simple favorite Italian foods.

    Biathlonworld: What time do you wake up on Mondays and what is the first thing you do after waking up?

    Juni Arnekleiv: Usually I wake up around 7:30 or 8 and then I have a coffee, breakfast and then to training.

    BW: What is the first app you look at when you turn on your phone?

    JA: Instagram.

    BW: What is your perfect breakfast?

    JA: Some nice fresh bread with scrambled egg and some really nice ham…and actually cappuccino for me!

    BW: Does your early morning regime include stretching, yoga, a jog or mental preparation for the day ahead?

    JA: Not so much. I should do it more often, but more during winter on training days, not so much before races.

    BW: Do you consider yourself a perfectionist when it comes to training?

    JA: Not in training but more so in races; I always want to do my best.

    BW: Are you fearless in most situations?

    JA: Yes, I am; almost all the time. I am afraid of spiders and snakes!

    BW: When the day is over, what do you do to wind down?

    JA: I am quite a social person, so I like to visit friends or have some friends over for dinner. If not, I just relax, look at Instagram or something on TV. Normally, I prefer to be with friends.

    BW: What piece of advice guides you every day?

    JA: It comes from within myself. I do not have any person or advice that guides me.

    BW: What is the hardest part of being a professional biathlete?

    JA: It is the pressure, for sure. When it comes to winter and you always have to be at your best level. It is especially hard in my situation when you are on the edge (of the World Cup/IBU Cup teams), that is the biggest pressure for a high-level athlete.

    BW: You’ve struggled a bit with your shooting; today you had a long hard talk with Coach Siegfried Mazet during training, did you need that?

    JA: Yes, this session was my worst ever. It was a speed session at altitude and there was a lot of rifle movement, legs shaking. And Dorothea (Wierer) who is a huge star in my eyes was there watching as well as all of the coaches. That was a really tough session for me, but days like that and some needed comments make the winter easier.

    BW: What is your most prized possession?

    JA: Hard question, I am not sure; nothing comes to mind.

    BW: What is your biggest indulgence, something you cannot live without?

    JA: Definitely, friends and family.

    BW: What home project is on your “to do” list before the new season starts?

    JA: I live with my sister, so she does most of the stuff for us; it’s nice to have a bigger sister. Actually, I need to buy a new mountain bike.

    BW: What is your favorite thing to eat in Italy?

    JA: It is either pizza or pasta; very basic but my favorites.

    Photos: IBU/ Archive, Nordic Focus, Juni Arnekleiv

    Continue Reading

  • Musician dies after eating broccoli sandwich amid deadly outbreak, Italy on alert | Trending

    Musician dies after eating broccoli sandwich amid deadly outbreak, Italy on alert | Trending

    Authorities in Italy have issued a nationwide recall of broccoli after a man died and nine others were hospitalised in a suspected botulism outbreak linked to a street food vendor. The victim, 52-year-old artist and musician Luigi Di Sarno, is believed to have eaten a contaminated broccoli and sausage sandwich while travelling home from holiday with his family.

    A musician in Italy died after eating a sandwich from a food van (Representational image)

    Who was the victim?

    Luigi Di Sarno, 52, was an artist and musician from Cercola in the province of Naples. He had been returning from a family holiday in Calabria when the tragedy occurred, according to a report in London Evening Standard.

    How and when did the death occur?

    On Thursday, Di Sarno stopped with his family at a food truck on the seafront in Diamante, Cosenza province, where they ordered broccoli and sausage sandwiches. Shortly after resuming their journey, while driving on the highway near Lagonegro in Potenza, he suddenly fell ill and was forced to pull over in the town of Basilicata. Emergency services rushed to the scene, but Di Sarno died before reaching hospital.

    Who else fell ill?

    Nine other people, including members of Di Sarno’s family, two teenagers and two women in their 40s, were hospitalised after eating from the same vendor. All were taken to the intensive care unit at Annunziata Hospital in Cosenza, with two patients reported to be in a serious condition.

    Is this part of a wider outbreak?

    Most likely. The incident comes just weeks after eight people were hospitalised in Sardinia following botulism cases linked to guacamole served at a Mexican food stand during the Fiesta Latin festival in Monserrato between 22 and 25 July. A 38-year-old woman died after eating tacos with guacamole at a Cagliari festival, and an 11-year-old boy was flown to Rome for treatment, according to The Mirror.

    What is botulism?

    Botulism is caused by toxins produced by Clostridium botulinum bacteria, which can develop in improperly processed foods. It attacks the nervous system, causing breathing difficulties, muscle paralysis, and can be fatal in around 10 per cent of cases.

    According to the U.S. Centers for Disease Control and Prevention (CDC), “Foodborne botulism can happen by eating foods that have been contaminated with botulinum toxin. Common sources… are homemade foods that have been improperly canned, preserved or fermented. Though uncommon, store-bought foods also can be contaminated with botulinum toxin.”

    Continue Reading

  • The Analysis of Medical Malpractice Litigation Related to Diagnosis of Headache in Japan: Mitigating Medicolegal Risks for Primary Care Physicians

    The Analysis of Medical Malpractice Litigation Related to Diagnosis of Headache in Japan: Mitigating Medicolegal Risks for Primary Care Physicians


    Continue Reading

  • Trisura’s operating net income rises 6.4% in Q2’25 driven by underwriting growth

    Trisura’s operating net income rises 6.4% in Q2’25 driven by underwriting growth

    Trisura Group Ltd., a specialty insurance provider, reported an operating net income of $33.3 million for the second quarter of 2025, up 6.4% from $31.3 million in the same quarter a year earlier, driven by growth in underwriting income and net investment income.

    The company posted a net income of $37.1 million, up 36.8% from $27.1 million, primarily due to higher net gains on its investment portfolio.

    Underwriting income for the quarter totalled $28.2 million, a 10.9% increase from $25.4 million.

    Net investment income rose 11.6% to $18.9 million from $16.9 million.

    Despite strong underwriting performance across the portfolio, Trisura’s combined ratio increased by 0.9 points to 85.6% in Q2’25, compared to 84.7% in Q2’24. This was driven by a rise in the expense ratio to 52.4% from 51.3%, which more than offset a slight improvement in the loss ratio to 33.2% from 33.4%.

    Register for the Artemis London 2025 cat bond and ILS market conference

    Gross premiums written amounted to $900.4 million, down 5.8% from $956.1 million.

    Net insurance revenue increased by 18.1% to $195.8 million from $165.8 million.

    The company posted an operating return on equity (ROE) of 17.8%, down 1.8 points from 19.6% a year earlier, as strong profitability from core operations continued but was partially offset by disproportionately higher shareholders’ equity due to unrealised gains on the investment portfolio.

    David Clare, President and CEO of Trisura, said, “In Q2, we achieved a strong Operating ROE of 17.8% with Operating net income of $33.3 million or $0.69 per share. We continued to benefit from our Specialty focus, disciplined underwriting and growing investment income. Profitable underwriting resulted in a quarterly Combined ratio of 85.6%. We observed the most significant growth in Primary Lines, with a 35.1% increase across segments which carry a significantly higher underwriting margin profile and contribute most meaningfully to profitability.

    “We continue to make progress in our Surety platform, with 60.7% growth in quarterly premiums as we gain momentum in the US and expanded our Canadian presence. In the quarter, we further capitalized our US Surety balance sheet, enhancing its capacity to underwrite, while maintaining a conservative 13.8% Debt-to-capital ratio, demonstrating a strong posture to continue pursuing accretive growth.

    “Consistent growth in book value, reaching a new record $843 million at Q2, has been achieved through strong underwriting and investment returns.”

    Print Friendly, PDF & Email

    Continue Reading