Manipur: Rahul Gandhi to tour India state rocked by ethnic unrest
Opposition Congress MP Rahul Gandhi is due to meet people displaced by Manipur violence.
2023-06-29 13:47
Russia-Ukraine war live: Moscow ‘arrests General Armageddon’ over Wagner rebellion
Russian General Sergei Surovikin has been reportedly arrested for allegedly having knowledge about Yevgeny Prigozhin’s attempted coup over the weekend. The defence ministry is yet to officially comment on the alleged arrest of “General Armageddon”, who has not been seen in public since last Saturday, when the Wagner chief launched an armed rebellion against Vladimir Putin. “Apparently, he [Surovikin] chose Prigozhin’s side during the uprising” and they have gotten ahold of him, a source was quoted by Moscow Times as saying. Meanwhile, Belarusian president Alexander Lukashenko said he persuaded Mr Putin not to “wipe out” Wagner mercenary chief, in response to what the Kremlin cast as a mutiny. While describing his Saturday conversation with Mr Putin, the Belarusian president used the Russian criminal slang phrase for killing someone, equivalent to the English phrase to “wipe out”. “I also understood: a brutal decision had been made (and it was the undertone of Putin‘s address) to wipe out” the mutineers, he said, according to Belarusian state media. It comes as twin girls and a child are among 12 people killed in a Russian strike on a restaurant in the city of Kramatorsk using a supersonic Iskander missile, authorities in Ukraine have said. Read More All we know about Kramatorsk pizza restaurant missile strike that killed twin sisters Twin sisters, aged 14, among at least 11 dead in Russian missile strike on pizza restaurant in Ukraine Joe Biden says Putin is ‘clearly losing the war in Iraq’
2023-06-29 13:19
After 99% Stock Rout, Debt-Stricken Thai Firm Stark Seeks Way to Avoid Delisting
Stark Corp., the Thai industrial cable maker at the center of an accounting scandal and debt default that
2023-06-29 12:22
China’s Arsenal of FX Support Is Ready as Yuan Pessimism Lingers
China may need to dig deeper into its policy kit to arrest a slide in the yuan, if
2023-06-29 11:22
China Needs Stimulus and Clearer Rules, Ex-IMF Official Says
China needs to keep cutting rates, roll out more stimulus and clarify the role it wants the private
2023-06-29 11:20
Canaccord May Face ‘Significant Penalty’ in Market-Making Probe
Canadian investment bank Canaccord Genuity Group Inc. said it faces an investigation related to its wholesale market-making activities
2023-06-29 10:59
Vietnam Economy Grows Better Than Estimated in Second Quarter
Vietnam’s economy grew better-than-expected in the second quarter, showing the trade-reliant nation still has momentum despite slowing global
2023-06-29 10:53
China Resumes Yuan Support With Stronger-Than-Expected Fixing
China stepped in to support the yuan for a third time this week, once again signaling a limit
2023-06-29 10:20
Romanian Leu Poised to Gain on Inflows From $1.9 Billion IPO
Hundreds of millions of euros heading into Romania during a major share offering are set to add pressure
2023-06-29 10:19
Ueda Says More Confidence in 2024 Prices Needed For BOJ Shift
Bank of Japan Governor Kazuo Ueda suggested it’s possible to start normalizing monetary policy if the BOJ becomes
2023-06-29 10:19
Yellen Says She Hopes to Meet New Leaders on Possible China Trip
US Treasury Secretary Janet Yellen said one of the reasons she hopes to travel to China is to
2023-06-29 09:49
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 09:49