Europe
BBC Business

What you wear can help you get a job - here's how

Trying to secure her "dream job" with a fashion company, Taya Reed was highly aware she had to make a good first impression in the interviews. And how she dressed was going to be a key component. A London-based science graduate from two top universities in the UK capital, the 23-year-old had applied for a marketing job at a womenswear brand. She had done her homework, and devised a promotional campaign for the business. But Reed also put a great deal of thought into what she would wear for the interviews, the first online and another in person. "I find outfits can be a good conversation starter," she says, adding she showed up to her main interview wearing an all-white ensemble with ballet flats, a long maxi skirt, and a white vest, all "girly and summery". With youth unemployment stubbornly high on both sides of the Atlantic, young adults need to think of every possible way they can positively stand out in interviews. And while substance matters, research suggests a person's appearance is also important. In a 2020 UK study, 51% of employers admitted turning down a candidate because of the way they looked, with managers indicating they had been influenced by scruffy clothes or poorly dyed hair. Min-Hsuan Tu, a professor of human resources at the University of Buffalo, warns that job interviews can be unfair from the moment a candidate walks in. The main author of a 2021 paper, external on the topic, she says good-looking people get hired more often because people associate attractiveness with positive traits such as trustworthiness and intelligence. Individuals seen as attractive are likely to have received more positive attention and preferential treatment since childhood, helping them better learn non-verbal communication skills from an early age, Tu says. As a result, they can be more confident. "Studies show that attractive people tend to have better communication skills and networks. They also have a higher sense of power," she says. However, physical attractiveness is not limited to one's face or body shape but includes clothing and make-up. Making an effort to present well is important, says Tu. Matt Cohen, a 31-year-old American who moved to London two years ago, aimed for a confident demeanour in his recent job interviews.

What you wear can help you get a job - here's how
North America
CNBC Finance

NBCUniversal and YouTube ink deal to embed Peacock in the video platform for premium subscribers

All of the streaming service's content — including NBC Sports' portfolio of the NFL and NBA, Universal films like the Minions franchise, and original Peacock and Bravo content like the Real Housewives franchise and "Love Island USA" — will be included in YouTube Premium subscriptions in the U.S. starting early next year. Google's YouTube Premium is the subscription version of the streaming platform that offers videos without ads and the ability to download most videos, depending on the subscription tier. The service offers a variety of plans beginning at $8.99 per month. Peacock Premium currently costs $10.99 per month. "The first principle for us was, does this accelerate Peacock's long-term growth? And the answer to that is yes," said Matt Strauss, chairman of NBCUniversal media group, in an interview. "Peacock will now be one of the largest domestic streamers. It's going to significantly expand our reach." NBCUniversal's partnership with YouTube was formed after Comcast co-CEO Brian Roberts reached out to YouTube CEO Neal Mohan about nine months ago, according to a person familiar with the matter. Following a meeting between the executive teams that took place at Google offices, the two companies began to brainstorm partnerships such as this, the person added. The partnership comes at a fast-moving moment in the industry. Traditional media companies like NBCUniversal, Warner Bros. Discovery and Disney have been chasing business initiatives to boost revenue and profitability while tech platforms like YouTube and TikTok grab increasing share of viewership time. Media companies have also been shapeshifting as the business model changes due to consumers' departure from pay-TV bundles in favor of streaming. Paramount Skydance has agreed to acquire WBD; Fox Corp. reached a deal to acquire Roku; and Comcast is preparing to spin off NBCUniversal in the next year. While streaming services have been announcing a growing slate of bundles to grab more subscribers, this partnership goes a step further and will see Peacock's content live inside YouTube — or be ingested into the platform so viewers don't have to leave YouTube to access the content. Peacock has already signed deals with other streaming and tech platforms including Apple and Amazon. During an earnings call with investors last week, Comcast co-CEO Mike Cavanagh said while other media companies have taken a so-called "walled garden" path with their content, NBCUniversal will continue to "look for opportunities to partner, bundle and exhibit other people's [intellectual property]" across its theme parks and media platforms. While NBCUniversal's announced spinout from Comcast has raised industry hopes for more mergers and acquisitions, Cavanagh and others have poured cold water on the notion, focusing on potential partnerships and bundles instead. YouTube has long been considered a dominant force in streaming, as it claims a large share of viewership time as showcased in Nielsen's monthly "The Gauge" report. So-called creator-made videos — a category that amasses millions of viewers on YouTube — are becoming more attractive to media companies like NBCUniversal as they chase reliable and dedicated audiences. The category even hit the stage at this year's annual Upfront advertising presentations.

NBCUniversal and YouTube ink deal to embed Peacock in the video platform for premium subscribers
Asia-Pacific
The Straits Times

US Federal Reserve expected to hold rates steady as inflation swirls

Most investors expect the Fed to hold rates steady at 3.5 per cent to 3.75 per cent for the fifth straight meeting, according to CME’s FedWatch monitoring tool. WASHINGTON – The US Federal Reserve is set to hold its second meeting under new chairman Kevin Warsh starting July 28, with markets expecting policymakers to keep interest rates steady amid inflation concerns that could be exacerbated by US President Donald Trump’s renewed war on Iran. Warsh was chosen to lead the US central bank by Trump, who has made his demand for lower interest rates clear as he has exerted unprecedented pressure on the independent monetary policymaking body. After two days of closed-door sessions, the Federal Open Market Committee (FOMC) will announce its decision on July 29 at 2pm (2am on July 30, Singapore time), followed by a press conference by Warsh. Most investors expect the Fed to hold rates steady at 3.5 per cent to 3.75 per cent for the fifth straight meeting, according to CME’s FedWatch monitoring tool. US consumer inflation eased to 3.5 per cent year on year in June, but remains far higher than the Fed’s long-term 2 per cent target, which it has not achieved for more than five years. Since last week, a ramping up of hostilities has seen intense US strikes and Tehran’s retaliatory action targeting Washington’s allies across the region, while Yemen’s Houthi rebels have threatened to blockade the Red Sea oil trading route. The fighting has sent energy prices soaring once more, with the benchmark oil futures contract breaching US$100 per barrel for the first time since late May, when energy prices were on their way down. At the Fed, policymakers have been losing patience with persistent inflation, indicating that a rate hike may be near. The Fed “has to be ready to tighten monetary policy to prevent a repeat of the 2021-to-2022 inflation episode”, Fed Governor Chris Waller said last week. “Sternly staring at inflation until it melts before our withering gaze is not an option.” Since taking office, Warsh has vowed to reduce or eliminate the amount of forward guidance the Fed provides on its decision-making process, a move that has received mixed reactions.

US Federal Reserve expected to hold rates steady as inflation swirls
North America
CNBC Finance

JetBlue overhauls fare options, from basic first to flexible economy. Here's what to know

JetBlue Airways is overhauling its fare options as it gears up to launch its domestic first-class seats and, yes, there is a restrictive basic option at the front of the plane. Travelers flying on JetBlue will start by choosing how much legroom they want and how premium they want their seat to be. The airline will have an economy section, or "Main," a section with extra legroom seats that it calls "Even More," which also come with earlier boarding and priority airport screening, and a domestic first class that it's named BlueFirst, which it's slated to debut later this year. From there, customers will have the following options for each class: With the new groupings, JetBlue is getting rid of the "Core" fares it sells now and putting economy class options in a "Main" category. JetBlue's lie-flat Mint business class, which is used on longer-haul flights like cross-country trips and flights to European destinations including Paris, London and Milan, will only have the Standard and Flex option. JetBlue stopped short of offering a basic lie-flat business option that competitors United Airlines and Delta Air Lines launched this year. Those airlines have made similar moves to break up premium economy by offering different fares even at the front of the cabin. United this month said that on some aircraft it will charge a premium for a blocked middle seat. JetBlue hasn't yet provided a date for its BlueFirst seats, but the changes come as airlines are racing to capitalize on high demand for pricier seats from consumers seeking extra comfort and perks on board. JetBlue is set to report results on Tuesday. Get this delivered to your inbox, and more info about our products and services. Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

JetBlue overhauls fare options, from basic first to flexible economy. Here's what to know
Europe
BBC Business

Chip firms fall in US and Asia as AI jitters rattle investors

Image source, AFP via Getty ImagesByOsmond ChiaBusiness reporterPublished9 minutes agoShares in major chip firms have fallen sharply in the US and Asia as a sell-off in artificial intelligence-related stocks deepened. Trading on South Korea's benchmark Kospi index was paused temporarily on Tuesday morning after sliding by 8%. It fell further after the 20-minute halt was lifted to trade around 10% lower. The slump was led by technology firms, with Samsung Electronics and SK Hynix both falling by more than 10%. It comes after AI chip giant Nvidia fell by 5% in New York on Monday, meaning it lost its position as the world's most valuable listed company to Apple. The tech-heavy Kospi has been halted eight times so far this year under a stock market mechanism known as a circuit breaker, which is designed to calm panic selling. The index had more than doubled from the start of the year to mid-June but has since lost around a third of its value. In recent months, stock market trading has been particularly volatile in South Korea as it has attracted large numbers of retail investors. On Monday, US-listed shares in SK Hynix fell by 7.5% to well below the $149 offer price when it made a record-breaking debut on the Nasdaq on 9 July. Japan's Nikkei 225, which is also dominated by tech companies, was almost 4.5% lower on Tuesday morning. Nvidia shares fell on Monday after the Wall Street Journal reported that it is in talks to provide around $250bn for OpenAI as part of a massive data-centre project. The decline allowed Apple to overtake Nvidia as the world's most valuable company after the iPhone maker rose by about 25% this year. As governments and companies spend hundreds of billions of dollars on developing AI capabilities, some analysts have questioned whether the technology can become profitable enough to recoup such huge investments.

Chip firms fall in US and Asia as AI jitters rattle investors
Europe
BBC Business

Is it safe to travel to France and Spain right now?

Wildfires in Spain and France have caused mass evacuation and disruption, with more than 300,000 people forced to leave their homes and many sleeping in sports halls and other temporary shelters. An official from one of the French departments affected by the fires has pleaded with visitors to stay away. On Sunday, Sophie Brocas, prefect of the French department of Gironde, said, "I urge tourists not to come," while advising those already there to consider an alternative destination. For those who have upcoming holidays to the affected regions, here is what you should know about how it might impact your plans. The UK government has not specifically warned against travel to anywhere in France or Spain, but it does advise caution. In France, it says access to affected areas may be restricted and roads may close at short notice. It adds that further evacuations may take place. It has also issued a general warning about the high risk of wildfires in France during the summer season from April to October. For those in an affected area in France or Spain or planning to travel there, the UK government recommends following instructions and updates from local authorities and emergency services at all times. Travellers should also bear in mind the UK government's advice can and does change in response to moving events. Anna-Marie Duthie, travel insurance expert at financial rating firm Defaqto, says that if this happens after you have booked your trip, "you may be covered for cancellation or curtailment". "You may also be covered for additional travel and accommodation costs should your trip be disrupted due to a catastrophic event, if your insurer offers this cover or you've paid to include it," she adds. The UK government says parts of Gironde and Landes in the south west of France are affected.

Is it safe to travel to France and Spain right now?
Europe
BBC Business

Burnham says pupils in England need clearer pathway into work

Image source, Getty ImagesByBranwen Jeffreys, Education Editor, Nathan Standley, Education reporter and Toby MannPublished27 July 2026Updated 1 hour agoChildren should be given a clearer pathway into work from the age of 14, Prime Minister Andy Burnham has said as he unveils reforms that will allow pupils in England to study subjects like manufacturing and AI alongside core academic learning. The government said the courses, available from Year 10, would be linked to local jobs and industries. Data published earlier this year showed more than one million young people across the UK were not in education, employment or training, or "Neet" - the highest level in more than 12 years. While the government is describing it as a "fundamental change to the education system", there are few details behind the broad political vision. The Association of School and College Leaders, which speaks for many secondary headteachers, said they welcomed the ambition of preventing young people falling out of education or work at 16. With schools already asked to manage on tight budgets and support radical reforms to special educational needs, the union also said there was an issue of capacity. Burnham said that "for too long" students had been told to take academic subjects to "do well and be respected". "My message to young people is this - whether you choose construction, coding or classics, or maths, manufacturing or mechanics, you'll get the skills you need and be given the respect you deserve," he said. The government, he added, was delivering the "major shake-up" required to fix the youth unemployment crisis in Britain, starting with improving the availability and quality of technical education. Pupils, the government said, would be able to combine subjects such as English and maths with high-quality technical education linked to the jobs available in their area. "They will be able to spend time with employers and gain real-world experience," it said. In an Op Ed piece for the Times, external, Burnham wrote: "In the age of AI, practical and technical skills haven't become less valuable - they've become more valuable than ever. Britain will need brilliant engineers, electricians and cybersecurity experts more than ever before."

Burnham says pupils in England need clearer pathway into work
North America
CNBC Finance

Consolidated food supply may be worsening cyclospora outbreaks, experts say

The cyclospora outbreak that has sickened thousands in the U.S. is drawing renewed attention to a decades-long shift in how fresh food moves through the country. While investigators work to identify the original source of contamination, some food safety experts say the industry's centralized sourcing and distribution networks after a wave of consolidation can help turn what once may have been an isolated contamination event into a multistate outbreak. "The general trends that have taken place in the food industry, the way in which food has been sourced and then distributed has played some role here," said Dr. David Relman, a professor of microbiology and immunology at Stanford University. The cyclospora parasite's long incubation period, the difficulty in tracking its path and what some experts have criticized as a bumpy federal response have all played a role in the widening outbreak. Some experts say the structure of the food system has also contributed. "It's possible that as food sourcing and distribution becomes consolidated you get pooling and then redistribution of what might have been a very local contamination problem, so that it now becomes a widely distributed contamination problem," Relman said. Marion Nestle, professor emerita of nutrition, food studies and public health at New York University, said the shrinking of the industry has amplified the consequences when contamination occurs. "Consolidation means that if something goes wrong, it goes wrong big time," Nestle said. The current FDA investigation around cyclosporiasis has focused on shredded iceberg lettuce distributed through Taylor Farms' foodservice business, an ingredient that reached Taco Bell restaurants and other foodservice customers across multiple states. Relman referenced bagged lettuce as one example of how changes in distribution could spread a foodborne illness. "Think of the difference between one head of lettuce and a bag of chopped lettuce that may have come from many, many heads," he said. "These bags are now being produced in huge numbers and distributed in far-flung distribution networks." The industry's evolution toward fewer distributors has been driven in part by a push for efficiency. Nestle said those improvements for businesses come with trade-offs for food safety. "Big is not necessarily better," she said. "The bigger the supplier, the greater the opportunity for contamination."

Consolidated food supply may be worsening cyclospora outbreaks, experts say
Asia
The Hindu BusinessLine

South Korean market meltdown barely ruffles India; IT stocks steal the show

While South Korea’s KOSPI plunged 11 per cent and Japan’s Nikkei fell nearly 4 per cent amid a global semiconductor sell-off on Tuesday, Indian markets shrugged off the turbulence and ended almost flat, with homegrown IT stocks surging on the back of strong earnings. The Nifty 50 closed at 23,985, down just 0.04 per cent, on what was also a monthly F&O expiry day, a session typically marked by choppiness. Declines outnumbered advances by nearly 2:1, yet the index held its ground. “Asian chip stocks told a different story. South Korean names like SK Hynix fell sharply on rising concerns about Chinese semiconductor competition... Indian IT services and Asian chip manufacturing are not the same trade. One is under pressure. The other is proving its value,” said Sarvam Goel, Founder, Pocketful. The standout story of the session was the Nifty IT index, which rallied 3.3 per cent. Coforge led the charge, jumping 10 per cent after reporting 33 per cent year-on-year revenue growth in dollar terms, with 86 per cent of revenues now coming from AI-led engineering, data and cloud services. Its 12-month executable order book stood at $2.23 billion. The results triggered a broad re-rating of the IT sector, which has now gained nearly 16 per cent from its recent lows. On the losing side, Hindustan Unilever tumbled 7 per cent after reporting weaker-than-expected earnings, profits dipped despite 10 per cent revenue growth, pointing to margin pressure. Varun Beverages also fell 7 per cent as first-quarter volume growth missed consensus estimates. FMCG and energy stocks broadly remained under pressure. Easing geopolitical tensions in West Asia provided some cushion to sentiment. US President Donald Trump signalled progress in Oman-mediated talks with Iran over the Strait of Hormuz, pushing Brent crude lower, quotes varied between $80 and $86 per barrel across sources, reflecting intraday volatility, but the direction was clearly downward. Domestic crude futures fell over 2.5 per cent to below ₹7,800. The rupee strengthened for a third consecutive session, with the spot USD/INR pair slipping to around ₹95.78, a one-week low, aided by softer crude prices and steady dollar supply from banks. Immediate support for the pair lies in the ₹95.40–95.60 range, with ₹96.15 as the key overhead hurdle. In commodities, gold slipped to $4,030 per ounce and silver to $57, as the dollar climbed to a one-month high of 101.57 ahead of the US Federal Reserve’s policy decision on Wednesday. CME FedWatch data put the probability of a 25-basis-point July rate hike at 34 per cent, with September odds near 80 per cent. Looking ahead, markets will track the Fed and Bank of Japan policy outcomes closely this week. On the earnings front, investors will watch results from Asian Paints, Eicher Motors, Dabur India, Adani Enterprises, and Colgate-Palmolive, among others. “Given the mixed global backdrop... we continue to advocate a selective, stock-specific approach, preferring auto and pharma,” said Ajit Mishra, SVP Research, Religare Broking. Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments. We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.

South Korean market meltdown barely ruffles India; IT stocks steal the show