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Canopy Growth closes sale of California facility amid liquidity worries
Canopy Growth closes sale of California facility amid liquidity worries
(Reuters) -Pot producer Canopy Growth said on Thursday it has completed the sale of its facility in Modesto, California as
2023-06-29 21:54
China's eastern Hangzhou city signs comprehensive strategic agreement with Alibaba
China's eastern Hangzhou city signs comprehensive strategic agreement with Alibaba
BEIJING/HONG KONG China's eastern Hangzhou city has signed a comprehensive strategic cooperation agreement with the e-commerce giant Alibaba
2023-06-29 21:49
Man Utd takeover: The reason for delays in club sale process
Man Utd takeover: The reason for delays in club sale process
Manchester United's sale process is being held up by disagreements over which bid to proceed with between the six Glazer siblings.
2023-06-29 20:25
Flight problems mostly over — except at United
Flight problems mostly over — except at United
The problems with flight delays and cancellations that have plagued US travelers this week are mostly over — except at struggling United Airlines.
2023-06-29 19:51
Anglo-French deal could create Europe's biggest lithium producer
Anglo-French deal could create Europe's biggest lithium producer
A French minerals company is buying a British startup in a tie-up that could produce enough lithium carbonate to power 500,000 electric vehicles a year.
2023-06-29 19:21
Europe's financial stability risk remains 'severe' -EU watchdog
Europe's financial stability risk remains 'severe' -EU watchdog
Financial stability risk in the European Union remains at a "severe" level and the downturn in the housing
2023-06-29 17:49
Bank of England consults on next leg of insurance capital reforms
Bank of England consults on next leg of insurance capital reforms
LONDON (Reuters) -The Bank of England on Thursday proposed further reforms to capital rules for insurers in a step it
2023-06-29 15:58
Sri Lanka: Five-day bank holiday for domestic debt restructuring
Sri Lanka: Five-day bank holiday for domestic debt restructuring
There are fears the government's plan could lead to volatility in financial markets.
2023-06-29 13:23
'Bidenomics' is all about repelling Trump's chaos theory
'Bidenomics' is all about repelling Trump's chaos theory
President Joe Biden often explains his simple theory of winning elections with his dad's fabled kitchen table wisdom: "Don't compare me to the Almighty, compare me to the alternative."
2023-06-29 12:21
Macquarie to divest U.S. port terminal operator Ceres
Macquarie to divest U.S. port terminal operator Ceres
(Reuters) -Australian financial conglomerate Macquarie Group said on Thursday it would divest its U.S.-based port terminal operator Ceres Terminals, with
2023-06-29 11:18
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
Digital banking in Italy's industrial heartland at over 75% - BOI
Digital banking in Italy's industrial heartland at over 75% - BOI
MILAN More than three-quarters of the population in Lombardy, Italy's largest and most industrialized region, banked online last
2023-06-29 04:25
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