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☆ Ad Firms Predict Slower Advertising Growth for 2023
▼ + stars: | 2022-12-05 | by ( Megan Graham | ) www.wsj.com time to read: +3 min

Major advertising forecasting firms say global advertising growth in 2023 will be slower than previously predicted. Automotive advertising could grow again after a period of moderate decline as the industry gradually emerges from the supply-chain crisis, the firm added. A separate forecast from media and data giant GroupM, part of WPP PLC, predicted that global advertising revenue will grow 5.9% next year, a downgrade from its 6.4% estimate in June. GroupM said global advertising revenue this year will grow 6.5%, excluding political advertising, down from its June forecast of 8.4%. Growth in China will be less than expected because of that country’s pandemic-related lockdowns, the firm said.

☆ Fact Check-London and Manchester not minority white cities, ONS says
▼ + stars: | 2022-11-30 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

They are not minority white, however, but have less than 50% identifying as “white British”. In a video, Farage says: “The Office for National Statistics figures are out today, showing that London, Birmingham and Manchester are all now minority white cities. The ONS told Reuters that these claims confuse “white British” and “white other”. The cities that have a white minority are Birmingham and Leicester, the ONS told Reuters. London and Manchester are not now minority white cities, according to the 2021 census.

☆ China sees protests against COVID curbs
▼ + stars: | 2022-11-28 | by ( ) www.reuters.com time to read: +10 min

CHINA PROTESTS Fire deaths fuel COVID lockdown fury How the protests gained momentumProtests have flared in several cities in mainland China in recent days, in a wave of civil disobedience unprecedented since President Xi Jinping assumed power a decade ago. Protests reported across China Protest mapAlthough the demonstrations in recent days are thousands of miles apart, they share elements in common. Video shows crowds topple police barricades in the street to protest against COVID curbs in China’s Guangzhou Crowds topple police barricades in the street to protest against COVID curbs in Guangzhou, China. Nov. 25 – Urumqi protests Crowds took to the streets at night in Urumqi, chanting "End the lockdown!" Video shows people in China’s Xinjiang protesting against COVID lockdown measures in China Protests against COVID lockdown measures in China's XinjiangIn the capital, Beijing, some 2,700 km (1,678 miles) to the east, some residents under lockdown staged small-scale protests or confronted local officials over movement restrictions.

☆ Toyota’s new, new EV plan suggests smarter driving
▼ + stars: | 2022-10-25 | by ( Antony Currie | ) www.reuters.com time to read: +3 min

MELBOURNE, Oct 25 (Reuters Breakingviews) - Toyota Motor (7203.T) may be driving towards its third electric-car reboot in just 13 months as it tries to catch up with Tesla (TSLA.O), Reuters exclusively reported on Monday. But the $218 billion Japanese carmaker’s latest overhaul suggests it’s getting serious about addressing missteps with more speed. Electric-vehicle sales, especially in the past two years, have put the lie to that belief; growth has easily outpaced that of Toyota’s hybrids. The plan would involve slowing down the rollout of electric vehicles already in development so that Toyota could devise a more efficient manufacturing process. Register now for FREE unlimited access to Reuters.com RegisterEditing by Robyn Mak and Thomas ShumOur Standards: The Thomson Reuters Trust Principles.

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