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Louise McSharry: Six hair, skincare and make-up buys to put on your list

Louise McSharry: Six hair, skincare and make-up buys to put on your list

1. Kevin Murphy Hydrate Me Wash and Hydrate Me Rinse (€29 via kevinmurphystore.ie) — It's not often I get excited about shampoo and conditioner but I was genuinely devastated when I came to the end of these bottles lately. As the name suggests, these products focus on hydration, and they absolutely made a difference to my hair. It felt softer and nourished, something which is difficult to achieve when your hair is blonde and highlighted. Aside from that, I loved the actual experience of using the products in the shower. The shampoo lathers easily and the conditioner gently coats the hair, making detangling a dream.
2. Haus Labs Colour Fuse Glassy Blush Balm Sticks (€34 via hauslabs.com) — These guys do exactly what the name suggests — deliver colour with a glossy finish. The range recently expanded to include 'spiced-up neutrals', which sit somewhere between a blush and a bronzer, and I'm a huge fan of Glassy Ginger. It's a rusty pink which mimics the effect of the sun beautifully.
3. Jones Road Just Enough Tinted Moisturizer (€50 via jonesroadbeauty.com) — Jones Road's founder Bobbi Brown is all about enhancing natural beauty, so it made sense for her brand to launch a tinted moisturiser which provides 'just enough' coverage. I was a little worried it wouldn't be enough to even out my skin's redness, but I found that it absolutely is. This summer, it has become my go-to, and if you like light coverage, you'll love it.
4. LH Cosmetics Artistick Bronzer (€33 via lhcosmetics.com) — These creamy sticks are designed to be used all over the face, in whatever way you see fit. Creamy and easy to blend, I love them and find the small, chunky stick handy to throw into my handbag or make-up bag if I'm travelling. The recently launched bronzer shades are excellent. Swirl, the lightest shade, gives fair skin a natural bronze, and Frame, the deepest shade, is gorgeous on very dark skin. These are true bronzers though, with warm undertones. Don't expect to be able to contour with them.
5. The Ordinary UV Filters SPF 45 Serum (€19.90 via theordinary.com) — This lightweight SPF is incredibly comfortable to wear and leaves the skin with a beautiful glow. The brand took its previously launched SPF off the shelves when customers complained about the white cast it left — it has really knocked it out of the park with this one, which disappears beautifully into the skin.
6. Aveda Botanical Repair Strengthening Leave-In Treatment (€35.50 via cultbeauty.com) — I'm nearly at the end of my tube of this, which I found made my hair substantially more manageable. I pop in a little after washing my hair, just before brushing, and it makes the entire styling process much easier. It also provides heat protection up to 230C, making it a great all-rounder.
Lost in translation
Snow mushroom has grown in popularity as a skincare ingredient thanks to its powerful properties of hydration. Similar to hyaluronic acid, snow mushroom draws in and retains water, plumping the skin as a result. In fact, some experts believe snow mushroom is even more effective than hyaluronic acid as its particles are smaller, making it easier for them to penetrate the skin.
Something old…
Unfortunately, I am at the age where trends are starting to repeat themselves. Where once everything was new, now many things are simply new versions of old things. The new trend in lip stains, for example, includes multiple releases of felt-tip lip stain markers just like the ones I enjoyed wearing 15 years ago. They're easy to apply — their firmness and fine point make it a breeze to achieve a defined lip line. As with any lip stain, they also deliver lasting colour. Unfortunately, my previous favourite, Revlon's Just Bitten Lip Stain, is no longer available, but Kiko Milano's Long Lasting Lip Colour Marker (€10 via kikocosmetics.com) is very similar. Available in eight shades, this formula is water-based and incredibly light. It immediately sinks into the lip, staying there for up to 10 hours. One improvement on the old formula is the level of hydration provided. These guys won't dry you out.
... Something new
Huda Beauty's new Lip Contour Stains (€26 via hudabeauty.com) are essentially thin, flat, felt-tipped markers designed to apply a stain along the outline of the lips. Depending on your placement, you can make the lips appear fuller and/or more defined. This formula delivers a matte finish, which promises to be smudge-proof, kiss-proof and transfer-proof for 12 hours. The dual-sided felt tip makes it easy to overline your lips if that's what you fancy, or if you prefer precision, you can simply use the edge for application. The Lip Contour Stains are available in eight shades, including classic nudes and browns, as well as a berry and red. The formula is infused with argan oil to ensure it doesn't feel drying, and it can be paired with a gloss or balm if that's your preferred finish.
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Why a 'garbage rally' powered by junk stocks could explain quant hedge funds' no good, very bad summer
Why a 'garbage rally' powered by junk stocks could explain quant hedge funds' no good, very bad summer

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Why a 'garbage rally' powered by junk stocks could explain quant hedge funds' no good, very bad summer

Quant hedge funds have been losing money since the start of June. The causes are unclear, though execs, traders, and banks have pointed to a few factors. Wednesday was another rough day, as the average quant lost 0.8%, according to Goldman Sachs. As the fundamental investing world marvels at another potential bubble made up of meme stocks and retail traders, quant hedge funds are trying to solve a much more complex problem. The smartest people at the smart money firms have been on a weekslong losing streak starting at the beginning of June, with firms like Qube, Two Sigma, and Point72's Cubist suffering losses over that time. Wednesday was another rough day of trading for many funds as the average quant lost 0.8%, according to Goldman Sachs. The bank's prime brokerage unit said July was on track to be the worst month in five years and pointed to similar factors as it did earlier in the week: A momentum sell-off, crowded trades, and high volatility in certain stocks. Business Insider previously reported that quant firms have been trying to pinpoint the cause of the steady-drip losses that have eroded a hot start to the year in systematic trading. Goldman isn't the only firm that's begun to wrap its head around what's happening. Computer-run managers have come up with theses, found parallels to past markets, and are even planning for a quick rebound. A belief taking hold is that broader market calamity is unlikely to spread, as the sources of pain aren't fundamental market weakness or a lurking economic maelstrom, but rather the opposite: a surprisingly strong economy that has flooded the markets — and questionable stocks — with liquidity that happened to catch quants wrong-footed. Dark Forest Technologies founder Jacob Kline wrote in a Friday note to investors that the current scenario is "not at all like 2007," when forced deleveraging inflicted rapid losses across the systematic space. Kline, who was previously on the investment committee at Bridgewater, said this summer's swoon is a byproduct of "what we politely call a 'garbage rally.'" He theorizes that the resurgence in heavily shorted junk stocks in recent weeks has forced some smaller quant firms to sell their positions, adding to the pain for everyone still holding on. "It's a bad month but not a crisis; the drivers are atypical but not surprising," the note reads. It's not Sydney Sweeney and the memestock crowd Don't give too much credit to Sydney Sweeney and the memestock crowd. They were late to the ball game. One executive at a multimanager fund involved in quant strategies said some large funds started noticing losses before June. Weeks before Kohl's and American Eagle became retail darlings, some micro-cap stocks and thinly traded Chinese names "had been running for three weeks doing silly things." "There's no underlying malady. No COVID. No great financial crisis," the multimanager exec said. He ascribes blame largely to a broader surge in market liquidity and risk appetite, a result of positive macroeconomic developments that began burbling months ago. A "peculiar set of circumstances" preceded the quant bleeding, according to Kline. The broader stock market rally heading into June was largely driven by retail and systematic trend-following. Hedge funds had relatively low net exposure — but they had been hedging the quality stocks by shorting weak ones, which was profitable. The market reached all-time highs in June, and with prices so rich, hedge funds stopped adding to those high-quality stocks but also stopped betting against the weak ones. Removing their short positions boosted "garbage" stocks, which attracted the attention of retail traders and meme stock enthusiasts, driving those positions up further. Because quants, in simplistic terms, use their mathematical firepower to "sort good from bad," as Kline put it, this rally in low-quality companies set many of them up for pain. "Quants are generally going to be on the other side of that kind of arbitrary move," Kline said. Strategies that jump on short-term trends "may be exacerbating" the surge, said Antoine Haddad, founder of $1 billion Bainbridge Partners, a multistrategy hedge fund with quant portfolio managers. This includes "AI-driven algos too," he said. The big-picture driver of this frenzied trading is the strong macroeconomic backdrop — low inflation, muted tariff impact, lack of rate hikes from the Federal Reserve — which has attracted more money into the market. During Covid and the original memestock craze four years ago, the market was awash in liquidity, and money gravitated to odd places, including seemingly worthless stocks — not to mention NFTs, cryptocurrencies, and SPACs. What's happening in 2025 is an echo, similar but far less intense. Another wrinkle and outgrowth of the increasing liquidity and risk appetite is the thaw in equity capital markets, which "have lit up like a Christmas tree," the multimanager exec said. While capital raising was dead much of this year, companies in June began raising money again through initial public offerings, follow-on raises, and convertible bonds, all of which "accelerated towards the end of the quarter, as global issuers and investors gained confidence amid a market rebound," according to Morgan Stanley's mid-July earnings call. This allows companies, "garbage" or otherwise, to improve their prospects by injecting their coffers at attractive valuations, potentially boosting their stock price as well. While many hedge funds closely monitor such activity, it's not traditionally the bailiwick of quants. "Quants don't sit in that business and they don't see that flow," the multimanager exec said. All eyes on the industry's largest quant funds Understanding the source of the quant carnage is one question. Identifying when the pain will abate is equally important. One trader who works at one of the industry's largest quant funds told BI that the actions of the biggest firms will be the most significant factor over the next week. If these funds are forced to sell, then there could be serious pain that could impact everyone from Fidelity mutual funds to Robinhood retail traders. "Some small players don't have a choice but to capitulate," the multimanager exec said, adding that the larger firms know that if a major peer cuts its exposure, "then it becomes a bigger contagion and gets out of hand." This hasn't happened yet, and some are betting that the bigger players will just sit tight. The size of the funds, the pain tolerance of their executives, and the trust they have in their models is where the quant heavyweights have the ability to shine. 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"We think strong hands should be levering up into this headwind," the note concluded. Another executive of a small quant fund said they planned to ride out the "froth in sexy sectors." "We are not going to suddenly switch our models over this," he said. "It had been a great year before the summer. Those conditions can come back." The multimanager exec believes the worst is over. It can take time for markets to recalibrate the junk stocks, but "now that everyone is writing about it, we're probably done." Read the original article on Business Insider

Andy Brown: From Loch Insh to windsurfing world champion is quite the journey
Andy Brown: From Loch Insh to windsurfing world champion is quite the journey

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Andy Brown: From Loch Insh to windsurfing world champion is quite the journey

When thinking of the breeding grounds of the world's best windsurfers, it's Hawaii, the Canary Islands and the Caribbean that will spring to mind considerably faster than Loch Insh and Largs. But it's the latter where Glaswegian Andy Brown began a windsurfing journey that's seen him sail all the way to the top of the world. Earlier this month, Brown made history by becoming iQFOiL windsurfing world champion. It was a remarkable achievement for someone who was up against men who hail from nations in which windsurfing is a far more mainstream sport than in Scotland and his victory has, he hopes, set him on a path that will lead all the way to Olympic gold. Brown has long been a fan of what he calls 'niche sports'. His first love was not football which so dominates his home city but trapezing over water, which he spent most of his afternoons as a child practicing at the Western Baths in Drumchapel. 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Brown (left) is now targeting the 2028 Olympics (Image: Sailing Energy / iQfoil Class) Brown's discipline, the iQFOiL class, became an Olympic event for the first time last summer, in Paris. Brown was forced to face the disappointment of missing out on a place in Team GB but that blow of failing to become an Olympian only served to strengthen his will to not only be at the LA Olympics in 2028, but emerge as Olympic champion. 'Missing out on Paris was tough, but I didn't really deserve to be there because I wasn't at the required level at the right time. I feel like I only want to go to the Olympics when I'm in a position to contend for a medal, and I wasn't ready for that,' he says. 'I feel like I've learned from it, though, and I've used it to drive me on. 'I'm at the point now where I've made a lot of the mistakes and so I'm much more aware of what to do and what not to do and that hopefully will help me when I get to the Olympics in 2028.'

Qatar threatened to cut EU LNG supplies over sustainability law, letter shows
Qatar threatened to cut EU LNG supplies over sustainability law, letter shows

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By Kate Abnett BRUSSELS (Reuters) -Qatar has threatened to cut gas supplies to the European Union in response to the bloc's due diligence law on forced labour and environmental damage, a letter from Qatar to the Belgian government, seen by Reuters, showed. Qatar is the world's third-largest exporter of liquefied natural gas (LNG), after the United States and Australia. It has provided between 12% and 14% of Europe's LNG since Russia's 2022 invasion of Ukraine. In a letter to the Belgian government dated May 21, Qatari Energy Minister Saad al-Kaabi said the country was reacting to the EU's corporate sustainability due diligence directive (CSDDD), which requires larger companies operating in the EU to find and fix human rights and environmental issues in their supply chains. "Put simply, if further changes are not made to CSDDD, the State of Qatar and QatarEnergy will have no choice but to seriously consider alternative markets outside of the EU for our LNG and other products, which offer a more stable and welcoming business environment," said the letter. A spokesperson for Belgium's representation to the EU declined to comment on the letter, which was first reported by German newspaper Welt am Sonntag. The European Commission also received a letter from Qatar, dated May 13, a Commission spokesperson told Reuters, noting that EU lawmakers and countries are currently negotiating changes to the CSDDDD. "It is now for them to negotiate and adopt the substantive simplification changes proposed by the Commission," the spokesperson said. Brussels proposed changes to the CSDDD earlier this year to reduce its requirements - including by delaying its launch by a year, to mid-2028, and limiting the checks companies will have to make down their supply chains. Companies that fail to comply could face fines of up to 5% of global turnover. Qatar said the EU's changes had not gone far enough. In the letter, Kaabi said Qatar was particularly concerned about the CSDDD's requirement for companies have a climate change transition plan aligned with preventing global warming exceeding 1.5 celsius - the goal of the Paris Agreement. "Neither the State of Qatar nor QatarEnergy have any plans to achieve net zero in the near future," said the letter, which said the CSDDD undermined countries' right to set their own national contributions towards the Paris Agreement goals. In an annex to the letter, also seen by Reuters, Qatar proposed removing the section of CSDDD which includes the requirement for climate transition plans. Kaabi is also chief executive of QatarEnergy. Qatar Energy gas has long-term supply contracts with major European companies, including Shell, TotalEnergies and ENI.

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