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The Rolex Stainless steel chronograph wristwatch, ref. 3525, “Monoblocco” worn by RAF Lt. Gerald Imeson is displayed at Christie’s New York. A Rolex watch worn by a British prisoner during the real-life "Great Escape" from the Nazi Stalag Luft III prisoner-of-war camp sold for $189,000 on Thursday in New York. The final sum for the timepiece, sold to an anonymous buyer, was less than the $200,000 and $400,000 expected by Christie's. The watch was worn by Gerald Imeson on the night of March 24, 1944, when a group of Allied soldiers undertook the daring escape that inspired the 1963 movie starring Steve McQueen. Imeson had ordered the watch from Rolex in Switzerland, who shipped it via the Red Cross to the prison camp near the present-day Polish town of Zagan, Christie's said. The steel watch with a black luminous dial and hands was "instrumental in the planning and execution" of their bid for freedom, the auction house added. Close Christie's said it … [Read more...] about Rolex worn during World War II ‘Great Escape’ sells for $1,89,000 in New York

NEW YORK: Conventional VR headsets have mostly been heavy and clunky, but the latest from Facebook's parent company Meta is designed to be thinner and lighter. The compact Holocake 2 - Meta's newest effort to bring more users into its planned virtual world - are only a few centimetres thick. The demo of Meta's next planned headset comes amid various tech industry reports that Apple is preparing to muscle into the VR hardware market and potentially steal the thunder of Meta's big plans for virtual platforms. Unfortunately, the Holocake 2 isn't not wireless, and this headset still needs to be hooked up to a computer by cable. In contrast, the company's Quest models do not require a connection to a PC. The compact design of the prototype is mainly due to innovations in the lenses, notably holographic optics, which allows the lens to be practically flat, Meta says. Meta says it's also working on a powerful VR headset the size of a pair of ski goggles. Meta's next device, which … [Read more...] about As rumours of Apple VR headset swirl, Meta showcases new VR hardware

A bright red elevated walkway is the centerpiece of an innovative new development in Beijing. Winding half a mile and linking a series of gardens, parks, and outdoor recreation spaces, the red walkway is like an aerial park in a forest of buildings. But this bold new design isn’t a high-end resort or luxury condos. It’s public housing. advertisement advertisement MAD Architects , is a 12-tower mega-development providing modest, government-subsidized housing to about 4,000 families. According to architect Ma Yansong, who has designed large-scale museums and civic buildings across China and the U.S., the project is at once a critique of social housing in China and a model for how it can change. advertisement He told the city that if his firm were to submit a proposal for any new social housing, he wanted to make sure none of these problems were repeated. “The government was quite open, actually,” he says. advertisement … [Read more...] about ‘They looked like prisons’: How a new development brought humanity to China’s public housing

Share to Twitter Share to Linkedin Opened last October at the cusp of Paris’ first and second arrondissements, Hôtel Madame Rêve is one of the city’s latest luxury hotel openings. But despite how new it is, the 82-key hotel has already become one of the finest and most lauded properties in the French capital thanks to its stylish rooms and exceptional service. And as of a few months ago with the launch of Roof, it just got even better. Set on the hotel’s fourth floor, the rooftop terrace spans nearly 11,000 square feet and can accommodate up to 250 people, making it one of the largest of its kind in the city. At this garden oasis you’ll find cherry trees, potted plants, and herbs planted around the edge of the deck. To top it all off the bar is open nightly with a live DJ Tuesday through Saturday. Since opening it has become one of the hottest destinations for an alfresco evening in Paris, filled with well-dressed locals and visitors sipping on drinks, playing … [Read more...] about This Is The New, Must-Visit Rooftop Bar In Paris Right Now

LG Art Center Seoul in Magok, western Seoul, is designed by Japanese architect Tadao Ando. It will open on Oct. 13. [BAE JIN-HUN, LG ARTS CENTER] The LG Arts Center will reopen on Oct. 13 in a building designed by Japanese architect Tadao Ando. With a slightly modified name — LG Art Center Seoul — the center has twice as much space as in the GS Tower in Yeoksam-dong, southern Seoul. It has two theaters – a 1,335-seat multipurpose hall and a black box – as well as two rehearsal rooms and three function rooms to hold programs. But some fans of the old LG Arts Center aren’t happy with the fancy new digs. That’s because they are in Magok, a far western area of Seoul 10 minutes from Gimpo Airport. Fans of the old venue could make it to 7:30 p.m. or 8 p.m. performances on weeknights because it was right at Yeoksam Station, a busy business district. Now they will have to go to distant Magoknaru Station on line No. 9 and the Arex. Maybe they won't be able to attend the theater on … [Read more...] about New location, stunning new home for LG Art Center Seoul

MANILA, Philippines — Outgoing President Rodrigo Duterte on Thursday said there is a “sense of hope and optimism” now that the Filipino people have elected a new set of leaders. In a taped briefing, Duterte pointed out that the frontrunners in pre-election surveys seem to be the winners of the 2022 polls. “There’s a sense of hope and optimism that we have elected a set of leaders of the country, maybe kung ano ‘yung lumabas sa surveys, ‘yun din talaga,” he said. (Those who emerged in the surveys appear to be the winners.) The President lauded the swift conduct of the 2022 polls due to the automated system, saying this generation is “very lucky,” since electronics have allowed for the votes to be counted quickly. “I think our generation is very lucky, we are in a situation where the electronics ruled today and we have an election that was madali ‘yung counting, and the transmission of everything that is needed to complete the election process is almost over,” he said. … [Read more...] about Duterte: There’s sense of hope and optimism as Filipinos elect new leaders

India’s digital payments landscape has witnessed tremendous growth over the past five years. With 2 out of 5 transactions being digital and contributing to a US$3 trillion digital payment market, the industry is poised for a quantum leap towards the realisation of a cashless economy. Despite this explosive growth, certain segments of the market remain underpenetrated with considerable scope for growth. To deep dive into the current and future digital payments landscape, PhonePe Pulse in collaboration with Boston Consulting Group (BCG) released an exclusive report titled, “ Digital Payments in India: A US$10Tn Opportunity ”. Pulse, PhonePe’s flagship initiative launched last year, has emerged as India’s go-to destination for accurate and comprehensive data and insights on digital payments trends in the country. This insightful report is PhonePe Pulse’s second annual edition which provides an in-depth commentary on the digital payments ecosystem and explores factors and enablers that … [Read more...] about Indian digital payments landscape is projected to be at US$10 trillion by 2026: PhonePe Pulse & BCG report on digital payments

Reducing carbon emissions from roads, railways, and shipping requires implementing a range of solutions simultaneously. As far as cars are concerned, cutting the number of journeys altogether (by making it easier for people to walk and cycle and improving public transport), changing the fuel in vehicles, and making the most of those vehicles already on the road must all play a part. None of these solutions is sufficient on its own. advertisement advertisement In 2030, the sale of new diesel and petrol passenger cars will be outlawed in the U.K. The future of passenger motoring will be electric. But recent problems supplying parts and the high carbon cost of manufacturing electric vehicles could delay the climate benefits of this transition. To make best use of existing petrol- and diesel-burning vehicles—and the carbon that was invested in creating them—drivers and manufacturers can reduce the emissions of a family of compounds called nitrogen … [Read more...] about Cosmic dust from Venus is inspiring new air-pollution-busting technology

Share to Twitter Share to Linkedin Topline New home sales unexpectedly broke a four-month streak of losses and climbed more than economists projected in May, according to data released Friday, but experts note the reprieve may not last long, citing rising mortgage interest rates that are likely to continue curbing demand—likely pulling down record prices as soon as the end of this year. Key Facts About 696,000 new single-family houses were sold last month on a seasonally adjusted annual basis, climbing 10.7% above the April rate of 629,000 (which was revised up from 591,000) and far surpassing average analyst projections of 587,000, the Census Department reported on Friday. “Don’t be deceived,” Pantheon Macro chief economist Ian Shepherdson said in emailed comments after the report, saying the bounce doesn’t change market outlook given an “astonishing collapse ” in mortgage applications this year as rapidly climbing mortgage rates—now at the … [Read more...] about New Home Sales Unexpectedly Rise But Housing Market Still ‘Cratering’—Here’s When Experts Predict Prices Will Fall

A recent government decision to hike the monetary support offered to patients suffering from rare diseases from Rs 20 lakh to 50 lakh, covering all conditions, is set to pave the way for the introduction of new therapies and drugs for the treatment of ‘orphan diseases’ in the country. In a recent order, the Union health ministry said that financial support up to Rs 50 lakh would be provided to the patients from any category of rare diseases at the specified centres of excellence. This is a departure from its previous line of supporting patients of only specified diseases with a one-time grant of up to Rs 20 lakh. Also, these patients, in order to be eligible for the grant, needed to be beneficiaries of the government’s flagship health insurance scheme, Ayushman Bharat Pradhan Mantri Jan Arogya Yojana. The change in policy has come as a boon not just for patients but also pharma companies looking to introduce various rare drug therapies in India. “I am hopeful that the move … [Read more...] about Hike in cash aid for patients with rare diseases raises hopes for entry of new ‘orphan drugs’ in India