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innovation
Business / 1 week ago
Hermès beats Ferrari in luxury growth race
Between haute couture and high performance, Hermès and Ferrari have each posted impressive full-year results for 2024. Hermès reported consolidated revenue of €15.2 billion for 2024, a 15 % increase at constant exchange rates and 13 % at current rates. The French house also recorded a recurring operating income of €6.2 billion, representing 40.5 % of sales, and a net profit of €4.6 billion (about 30.3 % of sales).
Business / 4 weeks ago
Australia and China dominate global wool production
Australia and China remain the world’s top wool producers, according to recent figures from the International Wool Textile Organisation (IWTO). The data shows Australia leading with 356,745 tonnes of greasy wool, closely followed by China at 332,293 tonnes. Together, they account for nearly half of the world’s wool output. New Zealand ranks third with 133,100 tonnes, while Turkey, Morocco, Iran, Sudan, South Africa, Russia, and India complete the top ten list. These countries play crucial roles in regional textile industries and global wool supply chains, as reported by IWTO Market.
Technology / 5 weeks ago
New York City’s tallest towers in 2025
New York City’s skyline has long stood as a symbol of ambition, resilience, and architectural excellence. Rising above the dense grid of Manhattan, its towers tell stories of innovation and endurance. According to a visual analysis by World Visualized, the ten tallest buildings currently shaping New York’s skyline are led by One World Trade Centre, standing proudly at 541.3 meters, a poignant reminder of renewal and hope. Following closely is Central Park Tower, soaring 472.4 meters into the sky as the tallest residential building in the Western Hemisphere.
Business / 7 weeks ago
5 oldest continually operating companies that are still thriving
In today’s fast-paced business world, where many startups struggle to survive beyond five years, there are a few remarkable companies that have been operating for centuries, even more than a millennium. These businesses have weathered wars, plagues, economic collapses, and technological revolutions, yet remain relevant. Here’s a closer look at five of the oldest continually running companies in the world, verified by World Atlas.
Business / 11 weeks ago
Top 10 pharma companies by 2024 revenue
The pharmaceutical industry experienced a landmark year in 2024, with nearly all major players reporting revenue growth. According to World Visualized rankings, supported by insights from FiercePharma, the sector saw blockbuster drug sales, innovation in new therapies, and strategic expansions drive record-breaking revenues.
Business / 15 weeks ago
Only a few countries boast bigger economies than California
The U.S. state of California, home to roughly 40 million people, towers over most sovereign nations in economic output. Recent data from the International Monetary Fund (IMF) and the U.S. Bureau of Economic Analysis (BEA) show that the Golden State’s nominal gross domestic product (GDP) reached about $4.1 trillion in 2024.
Technology / 23 weeks ago
How the world’s top smartphone makers shifted in 15 years
Once led by brands in the US, Europe, and Canada, the phone manufacturing industry has become largely consolidated in China and South Korea, reflecting broader shifts in technological innovation, supply chain integration, and consumer preferences. In 2010, the smartphone industry was a tapestry of innovation hubs:
Technology / 25 weeks ago
This is how long it took the world's greatest innovations to reach 50 million users pre-digital age
Today's digital age has made easy to market a product to the target audience with just a click and trending hashtags. This makes it very easy to forget how long it took for innovations to attract mass usage. An analysis from the World Economic Forum lays bare the sharp evidence of how long it took products—ranging from cars to Twitter—to reach 50 million users.
Technology / 34 weeks ago
An overview of Europe's medical technology employment landscape
The European medical technology industry is a significant employer, with a substantial workforce driving innovation and growth in the sector, according to MedTech Europe. The medical technology industry in Europe directly employs over 880,000 people, accounting for approximately 0.36% of total employment in the region. This significant workforce is distributed across various countries, with Germany having the highest absolute number of people employed in medical technology.
