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Exclusive-Newmont declares force majeure on zinc deliveries from Mexico's Peñasquito
Exclusive-Newmont declares force majeure on zinc deliveries from Mexico's Peñasquito
LONDON Newmont has declared force majeure on deliveries of some metal products from its Peñasquito mine in Mexico,
2023-06-23 16:58
Hong Kong Plans to Raise Bank Deposit Protection From 2025
Hong Kong Plans to Raise Bank Deposit Protection From 2025
Hong Kong plans to raise the maximum protection on bank deposits in a move designed to better shield
2023-07-13 11:47
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Turkish President Recep Tayyip Erdogan will appoint Mehmet Simsek as his new treasury and finance minister, bringing back
2023-06-02 14:51
Nikola adjourns meeting to garner more support for share proposal
Nikola adjourns meeting to garner more support for share proposal
SAN FRANCISCO Nikola adjourned its shareholder meeting on Wednesday after failing to garner enough support for a proposal
2023-06-08 05:24
Broadcom Megabond Inches Closer as Firm Seals EU Merger Nod
Broadcom Megabond Inches Closer as Firm Seals EU Merger Nod
Broadcom Inc. is moving closer to selling a potential jumbo investment-grade bond after scoring approval from the European
2023-07-12 22:57
Fed’s Bostic Says Tackling High Inflation Is Top Priority
Fed’s Bostic Says Tackling High Inflation Is Top Priority
Federal Reserve Bank of Atlanta President Raphael Bostic said defeating elevated inflation was the US central bank’s top
2023-06-23 20:54
BOJ’s Move Could Mean Higher Mortgage Rates In Denmark 
BOJ’s Move Could Mean Higher Mortgage Rates In Denmark 
The Bank of Japan’s surprise decision to loosen its grip on bond yields threatens to spark a selloff
2023-07-28 18:26
This Chinese company will pay its workers $140 million to have kids
This Chinese company will pay its workers $140 million to have kids
China's Trip.com, one of the world's largest online travel agencies, is introducing new childcare subsidies worth 1 billion yuan ($138 million) to encourage its 32,000 employees to have kids.
2023-06-30 19:15
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 09:52
US money market fund assets hit record highs despite debt-ceiling fears
US money market fund assets hit record highs despite debt-ceiling fears
By John McCrank NEW YORK U.S. money market fund assets hit a new record of $5.8 trillion this
2023-05-24 12:18
Chevron opted to buy vs build US LNG processing - gas executive
Chevron opted to buy vs build US LNG processing - gas executive
By Curtis Williams Chevron Corp is comfortable with buying U.S. liquefied natural gas (LNG) on long-term contracts rather
2023-07-15 05:29
'We abuse plastic, it's so cheap': UN Environment chief
'We abuse plastic, it's so cheap': UN Environment chief
Humanity uses and abuses hundreds of millions of tonnes of plastic a year because "it's so cheap", despite the huge cost of the pollution it creates, the head of the...
2023-05-26 22:51