US, China trade officials meet in London for new round of negotiations
05:54
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American and Chinese delegations are meeting in London for a new round of trade talks, with US tariffs and Chinese export restrictions on rare earth minerals at the top of the agenda. Also in this edition: Japan pushes its own trade talks with Washington, and French art lovers protest a construction project near the site of Paul Cezanne's most famous landscapes.
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Euronews
39 minutes ago
- Euronews
L'Oréal acquires a majority stake in British skincare brand Medik8
L'Oréal has acquired a majority stake in the UK's Medik8 as it seeks to expand its position in the skincare market, the French beauty giant confirmed on Monday. As part of the deal, private equity firm Inflexion will remain a minority shareholder, and the current management committee will also stay in their roles. The cost of the stake is officially undisclosed, although the Financial Times reported last week that the potential deal was worth around €1bn. L'Oréal's share price was roughly unchanged on the news. 'We are delighted to welcome Medik8 to the L'Oréal family,' said Cyril Chapuy, President of L'Oréal LUXE. 'As a premium skincare range, with high levels of proven efficacy at an accessible price point, Medik8 perfectly complements our existing skincare portfolio,' he added. L'Oréal has been seeking to capitalise on the boom in science-driven skincare, partly driven by social media influencers. Brands already under its 'Dermatological Beauty Division' include La Roche-Posay, Cerave, Vichy, Skinceuticals, and Skinbetter Science. This unit brought in over €7bn in revenue in 2024, representing an almost 10% year-on-year rise, making it L'Oréal's fastest-growing division. Seeking to expand its portfolio, L'Oréal bought soap maker Aesop in 2023, and Korean beauty brand Dr.G in December. Last year, L'Oréal also acquired a 10% stake in skincare firm Galderma, as well as acquiring the beauty licence for Miu Miu. At the time of the Galderma deal, the French firm said it was 'increasingly investing in a more holistic approach, spanning the entire beauty routine' — thereby 'anticipating and intercepting the signs of skin ageing'. Medik8, founded in 2009, specialises in anti-ageing treatments and was bought by UK-based private equity firm Inflexion in 2021. Media conglomerate Warner Bros. Discovery announced on Monday that it would split into two public companies by next year, carving off its TV network operations from its streaming service. The move to spin off one company devoted to streaming and a second devoted to traditional television comes as the company struggles with a decline in overall business. The organisation said the new Streaming & Studios group would include Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO and HBO Max as well as their film and television libraries. The Global Networks company will include CNN, TNT Sports, Discovery+ and other digital products. Shares in the company jumped more than 9% ahead of the market opening. Current Warner Bros. Discovery CEO David Zaslav will continue as the head of Streaming & Studios, while the company's chief financial officer Gunnar Wiedenfels will become CEO of Global Networks. Both executives will continue in their current positions until the company separates. 'By operating as two distinct and optimised companies in the future, we are empowering these iconic brands with the sharper focus and strategic flexibility they need to compete most effectively in today's evolving media landscape,' Zaslav said in a statement. The US media giant said the split would unlock value for shareholders and create opportunities for both businesses. The split still needs final approval from the company's board but is expected to be completed by the middle of next year. Warner Bros. Discovery was created only three years ago after a merger between Warner Media and Discovery.
Euronews
an hour ago
- Euronews
'Adolescence' to be shown in French schools says Minister of Education
Following UK Prime Minister Keir Starmer welcoming plans to air Netflix's hit show Adolescence in secondary schools, France is following suit, with French Minister of Education Élisabeth Borne stating yesterday that the mini-series will be screened from secondary school level upwards Interviewed on LCI, she explained that the producer of the series 'gave us the rights' and that the Ministry of Education was therefore going to 'offer five educational sequences for young people based on this series'. These extracts from Adolescence, which have already been shown in British schools to stimulate debate and try to 'prevent young boys from being dragged into a whirlpool of hatred and misogyny,' are 'very representative of the violence that can exist among young people', according to Borne. The aim is to help raise awareness of the problem of 'overexposure to screens and the trivialisation of violence on these social networks,' as well as the spread of masculinist theories and misogyny, argues Borne. The four-part series follows how a father deals with the fallout of his 13-year-old son being suspected of stabbing one of his classmates to death. Beyond the spot-on acting, the show has felt like a cultural wake-up call, as it has prompted a wider discussion about toxic masculinity and the devastating influence of the so-called 'manosphere' on young minds who are faced with websites and online forums promoting misogyny and ultra-conservative models of masculinity that flirt with far-right ideologies. When it was confirmed that Netflix would be making the series available to all UK secondary schools, former British prime minister Boris Johnson wrote a column for the Daily Mail saying that he didn't see the good in the initiative, calling the show 'tosh'. He wrote: 'In making this announcement with full prime ministerial authority amid the ancient solemnity of the Cabinet Room, Keir Starmer has perfectly encapsulated the fundamental flatulence of the Government, and its emetic finger-wagging mixture of humbug and wokery.' Johnson went on to say that he believes the move to show the series in school time demonstrates the government's 'cruel indifference to the real educational needs of children today,' adding: 'In case you haven't watched Adolescence I can save you the bother. It's tosh - well-acted tosh.' Predictably, Johnson also introduced race to his argument, saying that 'unlike the teenage couple in this drama, the victims and perpetrators are disproportionately young black males.' The show's co-creator Jack Thorne has already spoken out on this theory, saying: 'It's absurd to say that (knife crime) is only committed by Black boys. It's not true and history shows a lot of cases of kids from all races committing these crimes.' Thorne also stated that the goal of the show was not about 'making a point about race' but to make a point 'about masculinity.' 'We're trying to get inside a problem,' he added. 'We're not saying this is one thing or another, we're saying that this is about boys.' The decision to show the series in French schools comes after Laëtitia Curetti, who has a 13-year-old son, wrote to Élisabeth Borne and launched an online petition to have the series shown in secondary schools across France. Curetti stated she believes the series could be an 'excellent educational tool' to raise awareness of the dangers of social networking, sexism, bullying and violence in schools. The discussion surrounding knife crime has increased since the success of the series in France. It has been further amplified after a 16-year-old stabbed a high school student to death and injured three other fellow students at the lycée Notre-Dame de Toutes Aides in Nantes on 24 April. "My thoughts go out first to the teenager who lost her life, to the three students who were injured, and I want to express all my support and solidarity to these victims, their families and their loved ones," declared Borne at the school, before paying tribute to the "establishment staff who intervened and neutralized the attacker." Interior Minister Bruno Retailleau spoke of "a tragedy that rocks us." He said he was "appalled" and "shocked" by "the violence that has been unleashed," before adding that the tragic incident was "not a mere news item but a societal issue." He's hung off planes during flight, performed a real HALO jump out of a plane at 25,000 feet, scaled and run across the Burj Khalifa building and found new ways of cheating death throughout the Mission: Impossible franchise. Now, Tom Cruise has bagged himself a Guinness World Record thanks to his performance in this year's Mission: Impossible – The Final Reckoning. Cruise, aged 62 and known for conducting his own stunts, has set the record for 'most burning parachute jumps by an individual' after jumping out of a helicopter 16 times with a fuel-soaked chute. 'Tom doesn't just play action heroes – he is an action hero!' said Craig Glenday, Guinness World Records editor-in-chief in a statement. 'A large part of his success can be chalked up to his absolute focus on authenticity and pushing the boundaries of what a leading man can do. It's an honour to be able to recognize his utter fearlessness with this new Guinness World Records title.' The sequence was filmed in Drakensberg, South Africa. Cruise and the stunt team ascended more than 7,500 feet before the action star jumped out of a helicopter with the flaming parachute, cutting himself free to deploy a backup parachute. 16 times. The first parachute would burn for between 2.5 to 3 seconds before completely disintegrating, and for several of the takes, Cruise even had a 50 lb. snorri camera rig attached to his body for a closer shot of the stunt. Check out some of the prep for the stunt below. This is not Cruise's first Guinness World Record. The leading man also holds the record for the actor with the most consecutive $100-million-grossing movies. In total, the Top Gun star has been credited in over 30 films that have broken the $100 million mark at the box office. The last 11 of those have been consecutive, starting with Jack Reacher in 2012 – followed by Oblivion, Edge of Tomorrow, Mission: Impossible – Rogue Nation, Jack Reacher: Never Go Back, The Mummy, American Made, Mission: Impossible – Fallout, Top Gun: Maverick, Mission: Impossible – Dead Reckoning and Mission: Impossible – The Final Reckoning. 'Tom is no stranger to record breaking,' explains Glenday. 'Over his impressively long and consistent career, he's proved himself to be the most powerful actor in Hollywood and the most bankable star, and he's still the actor with the most consecutive $100 million movies on their resume and the most successful leading action hero at the worldwide box office.' Combined, the Mission: Impossible franchise has brought in nearly $5 billion since Cruise starred in (and produced) the first film adaptation of the classic television series in 1996. The eighth installment of the series premiered in Cannes and hit theatres last month. In our review, we said: 'It's with a heavy heart, especially considering the impressive run of tightly wound and thrilling adventures the M:I franchise has delivered, that this legacy-obsessed victory-lap feels like this series' Die Another Day. If the long-running franchise isn't dead yet, what's needed is a Casino Royale–shaped, ground-level spycraft reboot.' Read our full review of Mission: Impossible – The Final Reckoning and check out our Special Mission: Impossible Culture Catch-Up.
France 24
2 hours ago
- France 24
Global push to ratify high seas treaty, that is two-thirds of oceans
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