The hourglass in this image represents process. The blue sand symbolizes the time we still have to analyze, plan, and make choices. The red sand reminds us of the moment when postponement starts generating costs. Between the two is a narrow passage — a missed deadline, overlooked piece of information, or warning sign that we failed to pay attention to.

The world's largest luxury companies are facing significant changes in the Chinese market, which for years has been one of the key drivers of their growth. The declining value of the luxury goods market, weakening consumer confidence and changing spending habits among wealthy Chinese shoppers are raising the question of whether the luxury industry has entered a period of long-term slowdown.

StandardPrva presents Standard Signature, an exclusive programme designed for selected clients who expect more from their accounting and business support. More dedication, greater expertise, increased availability and more time to focus on growing their own businesses.

The European Commission is preparing stricter measures to prevent money laundering in the art and antiques market, following a series of thefts from European museums that have highlighted serious security and financial risks. Regulators are paying particular attention to transactions involving works of art, gold, precious stones and other high-value items that can be used to conceal the origins of illicitly obtained funds.

One of the largest investment projects in the field of artificial intelligence is facing a serious financial obstacle. The problem is not a lack of capital or investor interest, but a question that could change the way the entire industry is financed: how much will today's most expensive computer chips be worth in five or ten years?