Puma Posts Bruising Q3, To Cut 900 Jobs
BERLIN – Organic sales at Puma fell 10.4 percent in the third quarter to 1.96 billion euros. The German activewear firm blamed a strategic “reset” as it navigates “several company-specific…
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StanChart raises outlook as quarterly profit beats estimate
The performance is largely a result of the bank’s wealth management unit and global banking STANDARD Chartered lifted its income and returns outlook as it reported third-quarter profit…
Lufthansa hits forecasts in third quarter despite weaker North Atlantic market
Lufthansa reported quarterly operating earnings slightly above expectations on Thursday and said the outlook for the fourth quarter was strong and demand set to improve, though bookings on…
Australia’s Lynas Rare Earths Q1 revenue jumps 66% but falls short of forecasts
Lynas is focusing on a build-out of a processing plant in Malaysia, to satisfy East Asian demand First-quarter revenue at Australia’s Lynas Rare Earths rose by 66 per cent from a year…
Japan’s Anime Market Hits Record $25 Billion, Driven by Global Boom, AJA Report Finds
Japan’s anime industry reached an all-time high in 2024, climbing to JPY3.84 trillion ($25.25 billion) in total market value, according to data presented by the Association of Japanese…
Messy, time-saving, scary: How AI could be changing hiring forever
Some 99% of hiring managers in the U.S. say they’ve used AI in some form during the hiring process, a 2025 report reveals. AI can whiz in and speed up cumbersome workflows (or make them…
Shell profit beats estimates as oil and gas trading recovers
The company keeps quarterly US$3.5 billion buybacks, supported by robust operating cash flow Shell posted third-quarter profit that beat analyst estimates, helped by a rebound in…
'The Witcher' Season 4 Review: Liam Hemsworth Makes Geralt His Own in Netflix's Action-Packed, Propulsive Fantasy Epic
Within the expansive realm of fantasy on television, The Witcher has always found a way to stand out — not because of its creatures and magic, but because of the characters at its center.…
‘The Witcher’ Season 4 Is an Upgrade as Liam Hemsworth Takes Over From Henry Cavill: TV Review
Based on the popular book series by Andrzej Sapkowski and adapted for television by Lauren Schmidt Hissrich, “The Witcher” has returned to Netflix for its fourth and penultimate season.…
The most powerful AI skill? Saying ‘I don’t know’
The latest buzzword is “AI literacy.” Much like “social media,” “ESG,” and “CSR” before it, employers are now looking for proof of fluency on résumés, and individuals are desperate to…
Prudential Q3 new business profit rises 14% to US$705 million; regional CEO leaves
Prudential on Thursday (Oct 30) posted a 13 per cent year-on-year rise in “new business profit” (NBP) for its third quarter ended Sep 30. The insurance company also announced the departure…
What to do when productivity becomes a trap
For leaders today, the pressure to do more with less feels relentless. Leaner teams, flatter organizations, and the rise of productivity tools such as Slack, Notion.ai, and Monday.com…
EXCLUSIVE: LVMH and UNESCO Expand Partnership; Tiffany & Co. Foundation Joins for Ocean Protection
PARIS — LVMH Moët Hennessy Louis Vuitton is deepening its partnership with UNESCO to scale up global projects that link business and biodiversity, with Tiffany & Co. joining to support…
‘One Piece’ Producer Tetsu Fujimura Says Japan’s IP Wave Is Going Global
Tetsu Fujimura’s keynote talk The Future of Japanese Intellectual Property in Global Adaptations offered TIFFCOM attendees a convincing argument that Japanese IP is quickly becoming one of…
‘When Women Thrive, the Community Thrives’: Inside Variety’s Power of Women Event Featuring Jamie Lee Curtis, Sydney Sweeney, Kate Hudson, Nicole Scherzinger and Wanda Sykes
Kate Hudson, Sydney Sweeney, Wanda Sykes, Nicole Scherzinger and Jamie Lee Curtis were at the center of the star-studded Variety Power of Women presented by Lifetime event in Los Angeles…
Tech giants test investors’ patience with AI spending spree
Alphabet, Meta Platforms and Microsoft, together have racked up some US$78 billion in capital expenditures last quarter The largest technology companies are betting on an artificial…
Asian markets to expect short-term pressure from Fed rate cut: analysts
Asia markets are likely to face short-term pressure from the US Federal Reserve’s latest interest rate cuts, but expectations are already priced in, analysts say. The Federal Open Market…
Mapletree Industrial Trust to divest up to S$600 million of assets over next two years
The manager of Mapletree Industrial Trust (MIT) plans to divest between S$500 million and S$600 million worth of assets over the next two years, with a focus on its North American…
47% China tariffs, rare earths, soybeans: What Trump, Xi said about their meeting and what’s next
[BUSAN, South Korea] US President Donald Trump said he had struck a deal to reduce tariffs on China to 47 per cent in exchange for Beijing resuming US soybean purchases, keeping rare…
Wanda Sykes Loves Hiring Women Over Men: ‘And If She’s a Black Woman, You Got the Job’
Wanda Sykes accepted honors at Variety’s Power of Women L.A. event on Wednesday evening, taking the stage for a speech in which she got candid about her preference for hiring women over…
Nomura expects no more Fed rate cuts in 2025 after October easing
NOMURA said it now expects the US Federal Reserve to keep interest rates unchanged at its December policy meeting, following the central bank’s decision to cut rates on Wednesday. The…
Bank of Japan keeps interest rates unchanged
The Bank of Japan kept interest rates on hold Thursday at 0.5 per cent, as widely expected by economists. The announcement came after the first monetary policy meeting since Sanae Takaichi…
Aly Raisman on the Power of People and Pets in Variety Courage Award Acceptance Speech: ‘Hope Grows When Communities Show Up’
Gymnast Aly Raisman is no stranger to accepting awards. She’s earned six Olympic medals, five World Championship medals, and now, the Variety Courage Award, presented by Purina. She…
The CFDA Foundation Teams With Bezos Earth Fund for New Initiative
The CFDA Foundation and the Bezos Earth Fund are joining forces to try to rev up sustainable fashion innovation. Through a $6.25 million partnership, the CFDA x BEF: The Next Thread…