Author: OMN AI

Watches of Switzerland achieved higher sales and profits despite US tariffs reaching 39% on Swiss goods.The company emphasized that demand for premium watches and jewellery remains strong.Half-year results show that Swiss luxury watch sales stay robust in the US, confirming resilient high-end demand. Strong Revenue and Earnings Growth The UK-listed retailer, Britain’s largest seller of Rolex, Omega, and Cartier, reported £845 million (€967mn) revenue for 26 weeks ending 26 October 2025.Revenue rose 10% at constant currency and 8% at reported rates.Adjusted earnings before interest and tax reached £69 million (€78.9mn), up 6% at constant currency.Statutory profit before tax jumped 50%…

Meta begins removing young users ahead of banMeta has started removing Australian children under 16 from Instagram, Facebook, and Threads. The company acts one week before the national youth ban takes effect. Last month, Meta informed users aged 13 to 15 that their accounts would close starting 4 December. Around 150,000 Facebook accounts and roughly 350,000 Instagram profiles are expected to be affected. Threads also restricts young users because access requires an Instagram login. Australia’s new law, effective 10 December, mandates that platforms block under-16s. Companies face fines of up to A$49.5m if they fail to comply. Meta calls for…

U.S. air travel has reached a historic milestone. The Transportation Security Administration (TSA) reported that it screened 3.13 million airline passengers in a single day. This makes it the busiest day in the country’s aviation history. The surge reflects strong demand for air travel as more Americans return to flying for work and leisure. Airlines across the country are experiencing packed flights and longer lines at airports. Experts say the trend may continue, especially during holiday periods and summer vacations. The rush around Thanksgiving shows that Americans remain eager to travel. During the holiday stretch, U.S. airlines carried an estimated 31 million…

A new survey by the Migraine Trust has revealed significant inequalities in migraine care across the UK, with people from ethnic minority backgrounds more likely to receive poorer treatment and fear discrimination. Among 2,200 respondents, 23% of mixed-ethnicity, 19% of Asian, and 16% of Black participants said their ethnicity negatively affected their care—compared with just 7% of white respondents. Many cited racism, dismissal of symptoms, or assumptions about pain tolerance. Black respondents were also far more likely to fear workplace discrimination or not being believed about their migraines. One respondent, Abigail Kabirou, said stereotypes about Black women tolerating more pain…

The EU will ban Russian pipeline gas and LNG by 2027, granting emergency exceptions for Hungary and Slovakia.Short-term LNG contracts signed before June 2025 will face bans from April 2026; pipeline contracts will follow in June 2026.Long-term LNG contracts can continue until January 2027, and pipeline contracts until September 2027, possibly extended to November.EU members accelerated diversification efforts after Russia invaded Ukraine in February 2022, disrupting energy markets across the bloc.EU dependence on Russian gas dropped from 45% pre-invasion to 13% in early 2025, but imports still reached €10 billion. Political Tensions Over Exemptions Most EU countries supported the ban…

Prada Expands Its Luxury Empire Prada announced on Tuesday that it acquired Versace, uniting two leading Italian fashion houses under one roof. The company paid $1.38bn, far below the roughly $2bn Capri Holdings spent on Versace in 2018. The acquisition broadens Prada’s portfolio, which includes Miu Miu, and strengthens its position against rivals such as LVMH, owner of Dior, Fendi, and Louis Vuitton. Versace Enters a New Era Donatella Versace stepped down in March after 27 years shaping the brand with glamorous designs and the iconic Medusa logo. She took control in 1997 following her brother Gianni’s murder and guided…

Russian leader signals firm stance amid diplomatic tensions In a statement delivered in Moscow, President Vladimir Putin emphasized that Russia does not intend to engage in hostilities with European nations. However, he made it clear that if Europe were to initiate a conflict, Moscow is prepared to act without delay. Putin warned that such a confrontation would be so decisive that “there would be no one left to negotiate with,” underscoring the severity of his message as peace talks over Ukraine face ongoing challenges. Europe accused of disrupting peace initiatives Putin criticized certain European governments for obstructing efforts to reach…

Scientists report that drinking orange juice daily alters thousands of immune-cell genes in the human body.Many affected genes regulate blood pressure, control sugar metabolism, and reduce inflammation, essential for heart health.David C. Gaze explains that these changes show orange juice impacts critical cardiovascular and metabolic processes. Reduced Inflammation and Blood Pressure Researchers gave adults 500 ml of pasteurised orange juice daily for two months.After 60 days, stress-related genes NAMPT, IL6, IL1B, and NLRP3 showed lower activity.The SGK1 gene, which controls kidney sodium retention, also became less active.These genetic changes align with findings that orange juice can reduce blood pressure in…

Mikel Arteta says Arsenal are better equipped to handle injuries this season after confirming that Kai Havertz will be out for a few more weeks. The striker has been sidelined since August following knee surgery and suffered a setback when he tried to step up his rehabilitation. With Havertz unavailable, Arteta must choose for Wednesday’s match against Brentford between continuing with Mikel Merino as a makeshift striker—after his goal against Chelsea—or recalling Viktor Gyökeres, who recently returned from a muscle injury. Gabriel Jesus is also pushing for involvement after an 11-month absence. Arsenal may again be without William Saliba and…

Russian President Vladimir Putin will meet US special envoy Steve Witkoff in Moscow on Tuesday, as Washington signals growing optimism about progress toward ending the Ukraine war. Jared Kushner, who advises informally on diplomatic matters, is also expected to attend the meeting. The summit follows two days of talks in Florida between Ukrainian and US officials, including Witkoff and Kushner, aimed at refining a US-backed peace proposal viewed as favourable to Moscow. Ukrainian President Volodymyr Zelensky described the discussions as constructive but warned that several difficult issues still require resolution. Kremlin spokesman Dmitry Peskov said Witkoff will meet Putin in…