Global Breaking News - Thursday, May 16, 2024
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[Misc] 2018 Reuters News - May 14 ~ May 18
최고관리자 | 18-05-12 07:30
Adidas sticks by Kanye West after slavery remarks
아디다스, 노예제도 관련 발언 후 논란에 휩싸인 카니예 웨스트와 계약 해지하지 않을 것
He's a singer-turned-designer... and no stranger to controversy. Kanye West's latest comments have led to calls for sportswear brand Adidas to drop his Yeezy brand, after an interview in which he seemed to suggest 400 years of slavery had been a choice and also praised Trump for doing the "impossible" by becoming President. Adidas has said that while it doesn't support West's comments, it is sticking by the brand including opening new stores. Adidas poached Kanye West from Nike in 2013 helping the German brand recover in the U.S. market, and Q1 net profits continued that trend. Sales rose 21 percent in North America, and 26 percent in greater China outperforming rivals Nike and Under Armour in North America. Adidas shares have risen 13 percent in the last three months, but were down 1 percent after the results. Traders expressed concern about the West partnership as well as slower growth in Europe, where sales only rose 5 percent.
Cambridge Analytica shuts down after data scandal
캠브리지 애널리티카, 페이스북 데이터 스캔들 이후 폐업
Controversial consulting firm Cambridge Analytica is closing down following a massive scandal over its mining of Facebook profile data during the 2016 elections. The company said BOTH Cambridge Analytica AND its parent, SCL Elections, will cease all operations immediately with bankruptcy proceedings to begin soon. The company became the center of a global firestorm in recent months after it was revealed Cambridge had improperly accessed the data of 87 million Facebook users while working for President Donald Trump's 2016 campaign. The scandal proved hugely embarrassing for Facebook -- its founder, Mark Zuckerberg, hauled before Congress to explain the massive breach of privacy. He swore to lawmakers the company would take steps to make sure it never happened again. Cambridge said it had been losing clients and facing mounting legal fees in the fall out of the scandal.
China opens film metropolis to rival Hollywood
중국, 헐리우드에 버금가는 대규모 영화 도시 개장
Lights, camera, action! China's movie industry has been given a major boost with the launch of Qingdao Oriental Movie Metropolis. This sprawling studio complex in the north-east of the country covers an area equivalent to more than 200 football pitches. The group behind the development, China's Dalian Wanda, says it plans to turn the port city of Qingdao into a global film production hub. "It's filled an important gap in the Chinese film history. It will boost the development of the Chinese movie industry, and push Chinese film to the world stage." The $8 billion project was launched amid what some describe as a "rough patch" between China and Hollywood. A handful of high profile U.S.-China film ventures have fallen apart in recent years and Hollywood's share of the Chinese market is losing ground. Oriental partially opened in 2016, but so far the only major American movies to be produced there are Legendary Entertainment's "Pacific Rim: Uprising" and "The Great Wall". Wanda previously said it aimed to host at least five to six Hollywood projects in its first year of full operation in 2018.
Techs: phone warning spooks markets, ZTE slams US ban
핸드폰용 반도체 수요감소 경고에 시장 요동, ZTE 미국의 판매금지 비판
A warning over the smartphone outlook spooked Asia's markets on Friday. Tech shares slid as the world's largest contract chipmaker Taiwan Semiconductor Manufacturing cut its revenue target to the low end of forecasts. It blames it on softer demand. "We had warnings last year from mobile phone retailers such as Carphone Warehouse saying that people are keeping onto their smartphones for longer, not getting upgrades. Basically because the difference in the new version from old version isn’t not great.” And that puts pressure on the tech giants, such as Apple to come up with new ideas. "Well Apple is probably in the frame. The downturn in demand is basically because the products aren't that much more exciting than the previous version. You get to a level where you're the technological developments are pretty small between versions. And that's the issue." It comes amid tough trade talk between China and the U.S. earlier in the week. And American regulator imposed a ban on government programs of buying companies. But it says posed security threat to U.S telecom network. On Friday ZTE - China's second-largest telecoms equipment said that was unfair and could threaten its survival. "This sanction will immediately put the company into a state of shock, and will directly impact company's 80,000 employees and the interests of 80,000 families." The U.S. says the Chinese company had broken a settlement agreement with repeated false statements. Its fans even more worries of a full-blown trade war.
Volkswagen on right path for new CEO despite profit hit
폭스바겐의 신임 CEO, 이익 감소에도 불구 정도(正道)를 걸어가고 있어
He first faced the media as Volkswagen's CEO on Friday 13th - a day that's unlucky for some. But it seems Herbert Deiss may bring good luck to the German auto giant. First quarter operating profit fell 3.6 percent to 4.2 billion euros, before interest and taxes. But there's a new optimism about the biggest management shakeup in more than a decade. "Sure, it made mistakes, it broke the law, it tried to lie to us, but it is now working its way out of that hole." Efficiency is the new focus - for both the business and the vehicles it produces. Europe's biggest carmaker has adopted costly new accounting standards. Without them its underlying earnings would have beaten last year's. VW's share rose almost five percent. Investors see Diess pushing profitability while diesel gate risks reduce. "It's very likely that as one of the premier producers Volkswagen is going to continue to maintain its position as an innovator and developer. Volkswagen has the base to be able not only to produce good low level consumer cars but also to out-compete companies like Tesla in the EV space as well." But the challenges are still pretty tough. The group is reorganizing its multiple car brands and carving out its truck operations. All while pumping billions into battery-powered and self-driving vehicles.
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