As Europe grapples with political uncertainty, the euro has been facing significant challenges in the financial markets. The recent rise of far-right and far-left parties in Europe has put pressure on President Emmanuel Macron’s centrist administration in France. This has led to a situation where the risk of a budget crisis looms large in the
As Toyota Motor Chairman Akio Toyoda faces the upcoming annual general meeting, there are concerns over his re-election due to scandals involving violations of certification tests at Toyota and its group companies. Proxy advisory firms ISS and Glass Lewis have recommended against Toyoda’s re-election, highlighting governance and independence issues within the board. Despite this, Toyoda’s
China’s Film Bureau has given the green light for the release of Disney/Marvel Studios’ Deadpool & Wolverine on July 26, a highly anticipated movie globally. This marks the first time that the Merc with a Mouth will be making its way to Chinese theaters in sync with its release in the rest of the world.
Starboard Value, the activist fund led by Jeff Smith, has recently acquired a significant stake in graphics-design firm Autodesk. The fund has engaged in discussions with Autodesk’s board regarding serious concerns surrounding the company’s disclosures related to an internal investigation that resulted in the removal of its chief financial officer. According to sources familiar with
In recent years, Malaysia has emerged as a key player in the data center industry, attracting investments from tech giants like Google, Nvidia, and Microsoft. The small city of Johor Bahru, located on the border with Singapore, has seen a significant influx of data center projects. According to a report from DC Byte, Johor Bahru
The Chinese ‘data dump’ that kicks off the trading week in Asia provides a comprehensive look at the health of the world’s second-largest economy. Key indicators such as retail sales, business investment, industrial production, and house prices offer insight into economic activity. However, recent reports of deflation looming over China suggest that the economy may
The latest installment in the beloved animated film franchise, “Inside Out 2”, has taken the box office by storm, raking in a whopping $155 million domestically during its opening weekend. This impressive performance marks the second-highest theatrical opening for an animated film and signals a significant triumph for Disney and Pixar. After facing challenges following
The independent film market has faced numerous challenges in recent times, particularly in the aftermath of the Covid-19 pandemic. The article highlights the struggle of small indie films to secure screens at arthouses, as major releases have dominated the market. The reopening of theaters post-Covid has led to a crowded landscape for indies, making it
When it comes to investing in dividend-paying stocks, it is crucial for investors to choose companies that not only offer attractive dividend yields but also have the potential for long-term growth. One such company that fits the bill is Kimberly-Clark (KMB), a consumer products giant that is known for brands like Huggies and Kleenex. In
According to HSBC analysts, Chinese companies still have a long way to go when it comes to expanding internationally. Their study revealed that only 11.7% of the total revenue for mainland China-listed companies came from outside the country. The number dropped even lower to 10.3% when focusing on the largest companies in the CSI 300