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Putin was meant to be at a summit in South Africa this week. Why was he asked to stay away?
Putin was meant to be at a summit in South Africa this week. Why was he asked to stay away?
Vladimir Putin will be the odd one out when leaders from the BRICS economic bloc of Brazil, Russia, India, China and South Africa meet in Johannesburg this week
2023-08-22 01:53
Brazil's Americanas looking for buyer for stake in Grupo Uni.co
Brazil's Americanas looking for buyer for stake in Grupo Uni.co
SAO PAULO Brazilian retailer Americanas SA, which filed for bankruptcy earlier this year after an accounting scandal, said
2023-05-15 20:46
Nvidia Targets Keep Rising as Analysts Bet on Earnings Blowout
Nvidia Targets Keep Rising as Analysts Bet on Earnings Blowout
Nvidia Corp. shares climbed as much as 5.4% on Monday, as more analysts raised their price targets on
2023-08-22 00:48
Biden cancels $130 million in debt for students who attended Colorado college
Biden cancels $130 million in debt for students who attended Colorado college
U.S. President Joe Biden said on Tuesday his administration was canceling $130 million in debt for 7,400 student
2023-07-26 01:54
BP CEO’s Surprise Exit Leaves Questions Over Green Strategy
BP CEO’s Surprise Exit Leaves Questions Over Green Strategy
The abrupt resignation of BP chief Bernard Looney marks the loss of an executive who pushed for a
2023-09-13 15:48
China's industry minister, Tesla's Musk meet, discuss electric cars
China's industry minister, Tesla's Musk meet, discuss electric cars
China’s industry minister has met Tesla Ltd
2023-05-31 13:46
Anheuser-Busch boss says no regrets over Dylan Mulvaney’s Bud Light ad despite uproar on right
Anheuser-Busch boss says no regrets over Dylan Mulvaney’s Bud Light ad despite uproar on right
The CEO of Anheuser-Busch InBev, the parent company of Bud Light, said the beer should be about bringing people together after it faced months of backlash following its brief partnership with transgender influencer Dylan Mulvaney. In an appearance Wednesday on the programme CBS This Morning, CEO Brendan Whitworth said the company has become entangled in “divisive” conversations it should not be a part of. “I think the conversation surrounding Bud Light has moved away from beer, and the conversation has become divisive,” Mr Whitworth said. “And Bud Light really doesn’t belong there. Bud Light should be all about bringing people together.” At the moment, that is not what’s happening. Bud Light last month lost its spot at the top of the beer sales charts to Modelo as some conservative customers continue to boycott the beer following the advertisements featuring Ms Mulvaney. Mr Whitworth declined to answer directly when asked whether the campaign featuring Ms Mulvaney was a mistake. “There’s a big social conversation taking place right now, and big brands are right in the middle of it and it’s not just our industry or Bud Light,” Mr Whitworth said. “It’s happening in retail, happening in fast food. And so for us what we need to understand — deeply understand and appreciate — is the consumer and what they want, what they care about, and what they expect from big brands.” Despite being given ample opportunity to do so, Mr Whitworth did not directly defend the corporation’s decision to partner with a trans influencer or to support the trans community more broadly at a time when that community is facing a barrage of legislation targeting its rights in states across the country. “Bud Light has supported LGBTQ since 1998, so that’s 25 years,” Mr Whitworth said. “And as we’ve said from the beginning, we’ll continue to support the communities and organisations we’ve supported for decades. But as we move forward, we want to focus on what we do best: which is brewing great beer for everyone.” The controversy over corporations’ politics is not limited to Bud Light. Disney, Target, Nike and a number of other brands have also been the target of the right’s ire in recent years for taking stances on social issues at odds with conservatives. Target recently announced its decision to remove some Pride month merchandise from its stores after facing criticism from conservatives for its relative support of the LGBTQ+ community. The Starbucks Workers Union, meanwhile, accused Starbucks of restricting Pride decorations from certain stores. Read More I came out as a teen in the 90s — there’s still a long road ahead for LGBT+ youth Starbucks workers at 150 stores to strike over alleged ban on Pride decor
2023-06-29 09:47
Japan, S.Korea to discuss FX swap deal in first finance talks since 2016
Japan, S.Korea to discuss FX swap deal in first finance talks since 2016
By Tetsushi Kajimoto TOKYO (Reuters) -Japan and South Korea will hold their first bilateral finance dialogue in seven years on
2023-06-29 11:53
UAE Oil Giant Adnoc to Boost Carbon Capture Capacity
UAE Oil Giant Adnoc to Boost Carbon Capture Capacity
The biggest oil producer in the United Arab Emirates plans to develop a carbon capture project that will
2023-09-06 15:29
SAP Says It’s Open to Acquisitions After Qualtrics Sale
SAP Says It’s Open to Acquisitions After Qualtrics Sale
SAP SE, which recently agreed to divest its stake in Qualtrics International Inc., is open to making acquisitions
2023-05-17 16:26
Fed see key services inflation elevated with few signs of easing
Fed see key services inflation elevated with few signs of easing
By Howard Schneider Inflation in key parts of the U.S. service industry "remains elevated and has not shown
2023-06-16 23:16
Goldman Says Treasury Will Drop Under Its Cash Minimum June 8-9
Goldman Says Treasury Will Drop Under Its Cash Minimum June 8-9
Goldman Sachs Group Inc. economists estimated that the Treasury Department will by June 8 or 9 see its
2023-05-22 04:15