Tesco Sales Beat Estimates on Own-Brand Growth
Tesco Plc 's sales increased more than expected as the supermarket chain sold more premium and own-brand products.
Like-for-like UK sales rose 5.1% in the quarter ending May 24, Britain's largest grocer said in a statement Thursday. Analysts surveyed by Bloomberg estimated a 3.9% gain.
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New York Times
an hour ago
- New York Times
Why do Man Utd keep signing such coveted players? Easy. They're massive
Why is anyone remotely surprised that Manchester United, despite suffering their worst season since being relegated in 1973-74, remain attractive to players? United are one of the three biggest clubs in the world, along with Barcelona and Real Madrid. Their history of triumphs and tragedy is one of the most compelling in football, and they are remarkably resilient. After relegation in the 1970s, crowds increased. In 1949, the club attracted 81,565 fans for an FA Cup game against non-League Yeovil Town that wasn't even played at home: the tie was staged at Maine Road, United's temporary stadium as Old Trafford was being repaired due to bomb damage. Regardless of results that left them 15th in last season's Premier League, United's DNA is appealing: attacking football, promoting young players, never giving up. The gates are huge (an average of 73,815 last term), the status of the club, too. I met the CEO, Omar Berrada, last week at Old Trafford and asked him if it was difficult to attract new signings, given the perception of United as a club in decline and not having Champions League football to offer. He shook his head, adding that he was interested in recruiting players who want to join United because they believe in the club, not whether they were in Europe's elite competition. He said that wasn't difficult and if any didn't want to come because the team aren't in the Champions League, United probably don't want them anyway. Advertisement There's a romance connected to playing for United, and the chance to make the club great again appeals to footballers' egos. Yes, money talks, and United pay very well — too well, given how poor the team have been — but plenty of other clubs offer huge wages, so there must be more at play. Joining United gives a footballer the chance to appear in front of the biggest, sell-out crowds in the world's best league every week. Brentford or Bournemouth are two very well-run clubs who battered United on the pitch last season but, with respect, it's hard to become a giant of world football at either of those clubs. Even a few appearances for United elevate your standing everywhere. Move to Old Trafford and you'll be following in the footsteps of giants, determined to become one yourself. When Matheus Cunha, in his unveiling statement issued yesterday, said that 'ever since I was a child in Brazil watching Premier League games on TV at my grandmother's house, United was my favourite English team and I dreamed of wearing the red shirt', it was entirely believable. Cunha, who signs from Wolverhampton Wanderers, is old enough to remember great United sides. A worry is that if it's another 12 years of no league titles, such memories won't exist for future signings, but that glorious history can't be expunged. Things have, admittedly, already changed. Rasmus Hojlund is no Erling Haaland and Spurs now beat United on the pitch rather than lose their best players to Old Trafford. United aren't going for world-class stars at their peak, but they seldom did that anyway. When they have attempted a 'galactico' acquisition, it has rarely worked out (think Juan Sebastian Veron, Paul Pogba, Antony, Jadon Sancho and Romelu Lukaku). United don't — and have never — bagged all their transfer targets either. From Glenn Hysen to Ronaldinho (who told his Brazil team-mate Kleberson that he was joining United, only to backtrack after Kleberson himself had already moved to Old Trafford), there's a long list of players who've decided United was not for them. But they are few and far between, and United are still proving their ability to tempt some of the Premier League's most coveted players, which Cunha and Bryan Mbeumo — the Brentford forward who is keen to join this summer — certainly are. Then again, they always have. Denis Irwin (Oldham Athletic), Peter Schmeichel (Brondby), Lee Sharpe (Torquay United), Dion Dublin (Cambridge United), Eric Cantona (Leeds United) and Andrei Kanchelskis (Shakhtar Donetsk) were all in-demand talents at smaller clubs who opted to join United in the late 1980s or early '90s despite the club having not won a league title for over two decades. In that barren 26-year period between 1967 and 1992, United still had the biggest average home attendances in Britain in all but two seasons. Advertisement Going back further, two of United's all-time greats, Bobby Charlton and Duncan Edwards, grew up on Tyneside and in Dudley respectively. Charlton was on Newcastle's doorstep and had 18 offers from teams across the country; Edwards' local club were Wolves, who considered themselves the best team in the world in the mid-1950s. Both were desperate to join United. I've travelled the world to watch football and compared fanbases and fan cultures. I won't pretend that the typical atmosphere at Old Trafford compares with Boca Juniors or River Plate, but look at the numbers and the consistency. Sold out week after week, year after year. Home and away. Barcelona and Real Madrid? Pfft. Look at how few they take away to domestic league games and then order an Uber XL to get them a lift home. This isn't meant in a 'this means more' kind of way (leave that to Liverpool). It doesn't. There are deeply loyal fans of every football club who go to every single game; United just have more of them. I know people who've literally been declared bankrupt because they've followed United everywhere. That's not a boast and could be viewed as sad, but don't ever knock the level of their support. I remember going to see Kevin Keegan at Newcastle United in January 1996. 'This is a great football club,' he said proudly. 'Manchester United is an institution.' United are massive — and that's not always a good thing. Want a ticket for an away game? There are an average of 13,000 applications for the standard allocation of 3,000 tickets — and you must jump through hoops just to be able to apply. There are thousands of young fans in Manchester aching to get a season ticket, but they can't because the stadium is full for every single game. There are then tensions from young fans who want season tickets and fans who do have them, but don't like being told how many times they should use them. It's not just in Manchester. When United played Inter in a 2019 Singapore friendly, all but 5,000 fans in the 58,000-crowd supported United. The club can play friendlies in some of the biggest stadiums in the world, with ticket prices far higher than those at Old Trafford, and still sell out. They've all got their reasons. I've met fans around the world who've answered 'George Best' and encountered Pakistani Reds in Islamabad who said 'David Beckham'. I've watched thousands of fans at Indian airports mob former players like Ole Gunnar Solskjaer. In 2000, United's plane stopped to refuel in Senegal on the way back from the World Club Championship in Rio. Four airport workers approached. Advertisement 'Is Dwight Yorke on the plane?' one asked in English. 'Roy Keane?' said another. I've got City-supporting mates who despise United but will concede that their rivals are the biggest. Other fans might be baffled at the appeal but United's don't care: it's real. When Gordon McQueen, a United stalwart from the 1970s and '80s, said there was only one way for a footballer to go after leaving Old Trafford — down — he was talking from experience and countless players would agree. It's not always true, especially now, but Manchester United's appeal transcends the generations and encompasses the globe.
Yahoo
an hour ago
- Yahoo
HKSTP Delegation Debut at VivaTech 2025 Paris
Bridging French and Hong Kong innovation ecosystems to supercharge global tech development Hong Kong SAR and Paris, France--(Newsfile Corp. - June 13, 2025) - Hong Kong Science and Technology Parks Corporation (HKSTP) is leading 18 of Hong Kong's brightest innovators in AI and robotics, healthtech, greentech and fintech in its first-ever delegation to VivaTech 2025, Europe's largest startup and tech showcase held in Paris. The delegation joins a strong showcase of startups at the Hong Kong Tech Pavilion, organised by the Hong Kong Trade Development Council (HKTDC). HKSTP is leading 18 of Hong Kong's brightest innovators in AI and robotics, healthtech, greentech and fintech in its first-ever delegation to VivaTech 2025 Paris. To view an enhanced version of this graphic, please visit: HKSTP is Hong Kong's largest innovation and technology (I&T) ecosystem and an engine for taking home-grown innovators to global markets, while also propelling international innovators to success across Asia. This debut at VivaTech provides a unique and ideal platform for innovators to collaborate and evolve their technologies to meet new needs and new market opportunities in Europe and on the global stage. Standout Hong Kong tech pioneers recognised at VivaTech this year include: Ailytics was awarded as one of the five winners of the EDF Startup Challenge and named among the Top 30 VivaTech Innovations of the year, with its AI powered video analytics solutions enhance safety, productivity and operational efficiency for heavy industries in particular. AQUMON and Midas Analytics were nominated as the Top 12 FinTech Trail with their AI-driven data analysis solutions. Imsight, OKOsix, and Vismed have been nominated as finalists in the Tech for Change Award, recognising their wellbeing management solutions respectively in cancer diagnostics, biomaterial composition, and medical training and care. At VivaTech, HKSTP and its park companies made significant strides in bridging Hong Kong and French I&T ecosystems and explore new market opportunities. Westwell Technology, a smart new energy solutions provider for container logistics industry, confirmed a strategic partnership with the leading European logistics provider Logicor to co-host an innovation exhibition of an integrated logistics solution of new energy commercial vehicle and autonomous driving at Garonor park in Paris. PointFit, a wearable tech company with pioneering non-invasive and continuous lactate monitoring device, announced partnership with France-based Kinomap, an interactive indoor-training app and platform. In addition, a partnership agreement was signed between HKSTP and Startup Genome, the leading innovation ecosystem development organisation, to promote global ecosystem collaboration and partnership via events and networking opportunities for members. Hilda Chan, Chief Marketing Officer at HKSTP, said: "Innovation development in Asia plays a key part in tomorrow's world. Hong Kong offers deep connectivity, globally fluent talent, as well as trusted legal and financial systems. The ground-breaking technology on show at VivaTech this year highlight the immense potential from connecting global innovation, with Hong Kong serving as an ideal base for innovators with aspirations and ambitions." France has made clear on its desire to drive a new era of innovation-powered growth with AI unicorns leading a global charge; while Hong Kong consistently ranked second globally in the Global Innovation Index by the World Intellectual Property Organization (WIPO). This landmark delegation to VivaTech is enabling the convergence of two fast-rising world-class I&T ecosystems in Hong Kong and France. Furthering the notion, HKSTP is organising EPIC for the ninth year, inviting the world's boldest and burgeoning startups to compete for a targeted investment funding of US$100m, an opportunity to scale, and an immersive experience with like-minded visionaries in Hong Kong this November. The flagship pitching competition saw extraordinary success in past years, with the previous iteration attracted over 600 applicants from 47 economies -- EPIC 2025 is setting bar even higher, and open calling for global applications until 17 June 2025, 23:59 (GMT+8): Hashtag: #HKSTP The issuer is solely responsible for the content of this announcement. HKSTP Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 13 unicorns, more than 15,000 research professionals and over 2,300 technology companies from 25 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc. Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined. Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more. Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong. More information about HKSTP is available at Angela To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Times
an hour ago
- New York Times
What's Black and White and Began with a Message on LinkedIn?
On a cold night in February 2017, Colette Laxton, who was working as a freelance marketing consultant, pulled out her laptop and logged onto LinkedIn. She planned to simply update her profile, but it was there that she found a message from Mark Daniel Curry, whom she had met in the early 2010s when both were working at Boots, a British beauty and health company. Though they barely knew each other — mostly from perfunctory hellos while grabbing coffee to bring back to their desks — Mr. Curry, who was by then trying to get a new skin care company off the ground, had messaged her that he was thinking 'about who is genuinely awesome that I would want to work with' and suggested they meet in person. A few days later, Ms. Laxton, who is now 38, and Mr. Curry, 43, met at Côte West Bridgford, a French restaurant that is part of a national chain, in the city of Nottingham, England, where both lived. Ms. Laxton was immediately impressed. 'He was so full of crazy energy,' she said. 'I was like, 'I have to work with this guy.'' They quickly started collaborating, developing a few now-defunct personal care brands together. In 2018, they came up with one that has become a success in both the United States and Britain: the Inkey List, a line of skin care products, in black and white packaging, that aims to be hype-free but effective and fairly priced. Ms. Laxton and Mr. Curry were together constantly — 'We were in start-up hustle mode, working 100 hours a week,' she said — but things, at least initially, remained platonic. Still, their closest friends sensed that the connection between them had the potential to go beyond business. 'That spark was there from the get-go,' said Sarah Geary, who has known Ms. Laxton since they met as students on their first day at Loughborough University, where Ms. Laxton, who grew up in Leicester, England, earned a bachelor's degree in media and communication. 'From her talking about him, I knew straight from the beginning.' Want all of The Times? Subscribe.
