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'Let's go party!' Barbie readies to paint world pink
The world is about to be hit by a pink tsunami as "Barbie" -- Hollywood's ironic new take on the doll feminists once loved to hate -- opens with a vast marketing campaign. "If you hate Barbie, this movie is for you," the trailer proclaims.
US retail sales weaker than expected in June
Retail sales in the United States came in weaker than expected in June, the government reported Tuesday, with consumption remaining sluggish while inflation eases. Meanwhile, "the outlook for retail sales ex-autos and gas is poor," Pantheon analysts said in their report.
McDonald's UK apologises after racism, sexual misconduct report
The head of McDonald's in the UK apologised after the BBC on Tuesday reported allegations of sexual misconduct, racism and bullying by staff at the fast-food giant. "Every one of the 177,000 employees in McDonald's UK deserves to work in a safe, respectful and inclusive workplace," its UK chief executive Alistair Macrow told the BBC in response to the allegations.
Indian tycoon Adani slams 'malicious' Hindenburg report
Indian tycoon Gautam Adani on Tuesday denounced fraud accusations against his group by a US investment firm as a "deliberate attempt" to damage its image, at the first annual general meeting since the scandal.
Rich-poor split could tighten 'grip of poverty': World Bank chief
The new head of the World Bank said Tuesday that growing divides between rich and poor nations risked deepening poverty in the developing world, at a meeting of G20 finance ministers in India. Finance ministers from regional rivals and neighbours India and China met early Tuesday, without commenting to reporters.
'Must-have' Japanese whisky turns 100 as demand soars
The famed Yamazaki distillery marks its 100th anniversary this year with plenty to celebrate, as Japan's acclaimed aged whiskies command increasingly eye-watering prices thanks to growing demand and longstanding shortages. The location of Yamazaki's distillery is a world away from the Scottish terroir most associated with whisky but Fujii says the site was chosen for the region's famed water.
Asian markets drop as China growth worries offset Fed rate hopes
Most Asian markets sank Tuesday as further weakness in China's economy fuelled worries about the effects on global growth, overshadowing optimism that the United States is winning its battle against inflation and could avoid a recession. Meanwhile, US Treasury Secretary Janet Yellen warned about the effects of China's weakness on the global economy.
Pretty in pink: 'Barbie' marketing blitz hits fever pitch
Hollywood A-listers have been walking red carpets in hot pink, glitter is back, and companies from The Gap to Burger King are doing rose-colored collaborations: "Barbie" mania is everywhere as the hotly anticipated film hits theaters worldwide. Microsoft, Forever 21, Ulta Beauty, Hot Wheels, Chevrolet and even Progressive insurance are among the companies looking to cash in on Barbie mania.
Collapse of Ukraine grain deal to have medium-term impact
The collapse of the Black Sea export corridor, which allowed the export of more than 32 million tonnes of Ukrainian grain over the past year, should have little immediate impact but over the medium term create market tension and push up food prices.
AFP
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