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Ivan Menezes, Who Led a Liquor Giant, Dies at 63
  + stars: | 2023-06-14 | by ( Daniel E. Slotnik | ) www.nytimes.com   time to read: +1 min
Ivan Menezes, who as chief executive of the spirits corporation Diageo used his canny understanding of the drinking public to help the company grow into a global colossus, died on June 7 in London. The cause was complications of emergency surgery for a stomach ulcer, a Diageo spokesman said. Diageo is omnipresent in the world of alcohol, selling more than 200 brands in more than 180 countries — including Smirnoff vodka, Tanqueray gin, Johnnie Walker Scotch, Captain Morgan rum and Guinness beer — and has the largest global net sales in some spirit categories. Mr. Menezes (pronounced muh-NAY-zes) was trained in marketing, and closely studied consumer sentiment. To him, spirits provided what he called “accessible luxury” to customers — a dram of the good life even in an unstable economy.
Persons: Ivan Menezes, Johnnie Walker Scotch, Morgan, Menezes, ” Mr, Johnnie Walker Blue Organizations: Diageo, Yorker, New York Times Locations: London
Scroll through the gallery to see how the K-pop group went global. ilgan Sports/Multi-Bits/Getty Images BTS fans at the "Love Yourself" North American Tour at the Staples Center on September 9, 2018 in Los Angeles. Andrew Lipovsky/NBC/Getty Images BTS won all three awards they were nominated for at the 2021 American Music Awards held in Los Angeles. Theo Wargo/Getty Images BTS addressed Asian inclusion and representation at the White House in Washington, DC on May 31, 2022. “Being in America and not seeing that much of Asian representation, when I saw that seven Asian guys were trending … that totally like piqued my interest immediately.
Persons: Rowan Joss, Katie Myles ’, they’re, ’ ”, Joss, HYBE, Myles, Kim Tae, Jung Ho, Kim Nam, Kim Seok, Jeon Jung, kook, Min Yoon, Psy’s, , Chelsea Guglielmino, Jimmy Fallon, Andrew Lipovsky, Matt Winkelmeyer, Theo Wargo, Kent Nishimura, CedarBough Saeji, ” Saeji, Katie Myles, , hasn’t, Anthony Wallace, , Lisa Trinh, Diana Phung, they’ve, Trinh, they’ll, Jimin, Hwang Young, Startrip, Yoonjung Seo, Jungkook, dad, Justin Bieber, Selena Gomez, Ariana Grande, Shawn Mendes, it’s, Michelle Cho, It’s, Phung Organizations: Seoul CNN —, BTS, Records, YouTube, ilgan, Staples Center, Chelsea, NBC, Getty, White, Los Angeles Times, East Asian Studies, Pusan National University, ARMY, Ministry of Culture, Tourism, Tower, CNN, The, Guinness, Spotify, University of Toronto Locations: Hong Kong, Seoul, South Korea, Scotland, Los Angeles, Washington , DC, Korean, AFP, Seoul’s, California, Gangwon province, Busan, Korea, Cafe, America
Lagos, Nigeria CNN —Nigerian chef Hilda Effiong Bassey, known on social media as Hilda Baci, has been confirmed as the new world record holder for the longest cooking marathon, the Guinness World Record (GWR) committee said Tuesday. The record was confirmed nearly a month after the GWR reviewed footage from the cookathon, which lasted four days. I said I wanted to be a record holder and now I am. Although Bassey cooked for 100 hours, she was penalized for an error in her scheduled rest breaks, according to the world record committee. “There was a miscalculation when it came to Hilda’s rest breaks, meaning we are unable to award the 100 hours claimed,” the adjudicator said.
Persons: Hilda Effiong Bassey, Hilda Baci, Mark, ” Bassey, Bassey, Lata Tondon, Organizations: Nigeria CNN —, GWR, CNN Locations: Lagos, Nigeria, Indian
Minobu, Japan CNN —Tucked deep in the mountains of Japan’s Yamanashi prefecture, the Nishiyama Onsen Keiunkan has tatami floors, kimono-sporting staff and signs in handwritten calligraphy. But its popularity received a huge boost in 2011 when the Guinness Book of World Records designated Nishiyama Onsen Keiunkan as the oldest hotel in the world. The front entrance of Nishiyama Onsen Keiunkan. Courtesy Nishiyama Onsen KeiunkanLearning to let goStandard rooms at Nishiyama Onsen Keiunkan have three sections: two sitting areas and one living space. To solve this, he took over the original shares of the business and created the Nishiyama Onsen Keiunkan Limited company.
Persons: Japan CNN —, that’s, Fujiwara, Naruhito, , Michiyo Hattori, Mayumi Maruyama, they’re, Kenjiro Kawano, CNN Kawano, Kawano, , Kawano couldn’t, ” Kawano Organizations: Japan CNN, World Records, Mount, , Staff, CNN, Keiunkan Limited Locations: Minobu, Japan, Yamanashi, Tokyo, Shizuoka, Mount Fuji, It’s
Recent data shows that China is also contending with worse-than-expected consumer spending, slowing manufacturing and weak home sales. What it means for markets: US-based companies doing business in China stand to lose if the economy continues on a downward trajectory. Qualcomm (QCOM), with a 67% exposure rate to China, issued disappointing forward guidance during earnings last month, citing China’s slow recovery. JD.com (JD), one of the largest Chinese companies trading in the United States, has fallen by nearly 36% this year. The air purifier market is poised to grow as climate change increases air pollution and exacerbates breathing difficulties.
Persons: That’s, China —, Capvision, China Nicholas Burns, , Goldman Sachs, Dow, JD.com, Morgan Stanley, Goldman, Ayaz Ebrahim, CARR, Johnson, Ivan Menezes, Diageo, Menezes ’, Menezes, King Charles III, Debra Crew, Johnnie Walker, Ivan, Javier Ferrán, “ Ivan Organizations: CNN Business, Bell, New York CNN, International Monetary Fund, Factories, Bain, Group, Micron Technology, Nasdaq, Apple, Intel, Starbucks, Nike, Bank of America, Las, Qualcomm, Nvidia, Wynn Resorts, WYNN, MGM Resorts, MGM, China . Companies, Dragon, Goldman Sachs Group, Nomura, Barclays, JPMorgan, Asia Pacific, Bloomberg, Google, Carrier Global, Johnson Controls, Economic Co, Diageo, India, Business, , Whisky Association, Northwestern University’s Kellogg School of Management Locations: New York, China, Washington, Beijing, United States, Hong Kong, Dragon China, Canada, Pune, India
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ivan-menezes-longtime-ceo-of-guinness-maker-diageo-dies-at-63-20199368
Persons: Dow Jones, ivan, menezes Organizations: guinness, diageo
Diageo's long-time boss Ivan Menezes dies after brief illness
  + stars: | 2023-06-07 | by ( ) www.reuters.com   time to read: +2 min
June 7 (Reuters) - Diageo (DGE.L) on Wednesday said long-time boss Ivan Menezes, who held the CEO role at the world's biggest spirits company for 10 years, had died after a brief illness. The 63-year-old, who was set to retire at the end of this month, was in hospital receiving treatment for conditions including a stomach ulcer, the Johnnie Walker whisky maker announced this week. British-American national Menezes, born in the Indian city of Pune, joined Diageo after its formation through the merger of Guinness and Grand Metropolitan in 1997. The executive, who was behind the "Keep Walking" campaign for Johnnie Walker when he was marketing head, previously held roles at Whirlpool and Nestle. Menezes, who was awarded a knighthood this year, is survived by his wife and two children.
Persons: Ivan Menezes, Johnnie Walker, Debra, Menezes, Ivan, Javier Ferrán, Julio, Arvind Subramanian, Subramanian, Menzes, Eva Mathews, Sinchita Mitra, Dhanya Skariachan, Sherry Jacob, Phillips, David Evans Organizations: Diageo, American, Guinness, Grand Metropolitan, Whirlpool, Nestle, Government of, Indian Institute of Management, Thomson Locations: Indian, Pune, Government of India, Ahmedabad, India, Bengaluru
June 7 (Reuters) - Diageo (DGE.L) said on Wednesday long-time boss Ivan Menezes has passed away following a brief illness. The announcement comes after the world's biggest spirits company on Monday said CEO-designate Debra Crew would assume the top role on an interim basis immediately as Menezes was under medical treatment. British-American national Menezes, 63, who was born in the Indian city of Pune, joined Diageo after its formation through the merger of Guinness and Grand Metropolitan in 1997. Sales at Diageo, the maker of Johnnie Walker whisky, Tanqueray gin and Don Julio tequila, surged under Menezes' leadership, and he steered the company through multiple brand acquisitions as well as a major sustainability overhaul. Reporting by Eva Mathews in Bengaluru; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.
Persons: Ivan Menezes, Debra, Menezes, Johnnie Walker, Julio, Eva Mathews, Sherry Jacob, Phillips Organizations: Diageo, American, Guinness, Grand Metropolitan, Thomson Locations: Indian, Pune, Bengaluru
CNN —A Labrador and German shepherd mix named Zoey has claimed the record for the longest tongue on a living dog. At 12.7 centimeters (5 inches), Zoey’s tongue is longer than a soda can, according to Guinness World Records. Her owners, Sadie and Drew Williams from Metairie, Louisiana, US, said people often comment on how long Zoey’s tongue is. “She will pretty much go fetch anything you throw and swim in any body of water that’s available,” said Drew Williams. “Every now and then while we’re out taking her on a walk, people will come up to her and want to pet her,” said Drew Williams.
Persons: Zoey, Sadie, Drew Williams, , , Sadie Williams, we’re, ” Rickert, Saint Bernard Organizations: CNN, Guinness World Records, Records, Bisbee Locations: Labrador, Metairie , Louisiana, Tucson , Arizona
The Guinness widget is a tiny, plastic ball inside beer cans. Once opened, the widget's nitrogenated beer squirts into the rest of the beer giving it a velvety texture. How the Guinness widget worksA widget is a hollow, spherical piece of food-grade plastic with a tiny hole in it, Guinness representatives told Insider over email. Nitrogen bubbles are smaller than CO2 bubbles, so the resulting head and taste is smoother and more delicate. That's where Guinness' widget comes into play, because of how it's able to slowly release nitrogen into the beer upon opening.
Persons: , Guinness, Fergal Murray, Brewer, Forbes, Murphy's Stout Organizations: Service, Guinness, Popular Science, Breweries, Dublin City Brewing Co
Kami Rita Sherpa had stood at the top of the world just days earlier, exultant at having summited Mount Everest for a record 28th time. Kami Rita has climbed Mount Everest a record 28 times. Kami Rita talks to the media at the airport in Kathmandu on May 25, 2023. The country earned $5.8 million in permit fees - $5 million from Mount Everest alone – during this year’s March-May climbing season. “This should be increased to 5 million rupees (about $38,000),” said Kami Rita, gently rubbing a bruise on his cheek.
[1/5] Kami Rita Sherpa, 53, a Nepali Mountaineer who climbed Mount Everest for a record 28 times, poses for a picture at his rented apartment in Kathmandu, Nepal May 28, 2023. REUTERS/Navesh ChitrakarKATHMANDU, May 29 (Reuters) - Kami Rita Sherpa had stood at the top of world just days earlier, exultant at having summited Mount Everest for a record 28th time. The country earned $5.8 million in permit fees - $5 million from Mount Everest alone – during this year's March-May climbing season. Expeditions hiring sherpas must take out life insurance for them, but the pay out is just 1.5 million Nepali rupees (about $11,300). "This should be increased to 5 million rupees (about $38,000)," said Kami Rita, gently rubbing a bruise on his cheek.
The Artisan Developing World Fund (ARTYX) is crushing the market this year by tilting the traditional investing principles in emerging markets. "These are companies that are based in developed markets but economically tied to emerging markets," Kaufman said in an interview. By domicile, Artisan Developing World Fund has just 57% of its portfolio in emerging markets. However, the emerging markets exposure should rise to 70% when looking at the economic exposure by revenue, Kaufman said. Other than those passport companies, the fund also invests in a slew of companies domiciled in emerging markets.
Investing in AI: how to avoid the hype
  + stars: | 2023-05-26 | by ( Naomi Rovnick | ) www.reuters.com   time to read: +5 min
SummarySummary Companies AI boom brings fresh challenge for investorsAI-themed stocks highly valuedStick with big tech not AI stocks - investorsLONDON, May 26(Reuters) - Experienced tech investors are hunting for undervalued opportunities in an over-valued space. Investors are chasing exposure to generative AI, the technology run by ChatGPT that learns from analysing vast datasets to generate text, images and computer code. Businesses are trying to use generative AI to speed up video editing, recruitment and even legal work. GAM's Hawtin said he has also hunted out companies that provide the "picks and shovels," necessary for enabling new AI technology. Amazon's Bedrock service, for example, lets companies customise generative AI models rather than invest in developing them themselves.
CNN —Keep your hands steady: a scoop of this exquisite delight is probably going to cost more than all the ice cream you will have throughout multiple summers. Japanese ice cream brand Cellato calls white night a gelato on its website, and the name is a hint to its Italian origins. The ice cream is topped off by an edible gold leaf, two types of cheese and “Sakekasu,” a paste-like ingredient derived from the process of sake-making. The world's most expensive ice cream by Japanese maker Cellato is a conbination of luxury ingredients from Italy and Japan. They are advised to let the ice cream defrost at room temperature or microwave it at 500 watts for 10 to 20 seconds, if the texture is too hard.
The world's most expensive ice cream is being sold for $6,316 per serving. The ice cream is made with white truffle, Parmigiano Reggiano, edible gold leaf, and sake lees. The dessert, called byakuya, has set a Guinness world record because of its eyewatering price tag. Achieving a Guinness World Records title made the effort all worth it," a Cellato company representative told Guinness World Records. Scoopi Cafe in Dubai previously served what was considered to be the most expensive ice cream in the world.
[1/6] Nigerian Chef Hilda Bassey, 27, attempts to break the Guinness World Record for the longest cooking time by an individual, in Lagos, Nigeria May 15, 2023. REUTERS/Temilade AdelajaLAGOS, May 16 (Reuters) - A Nigerian chef has spent 100 hours preparing meals non-stop, aiming to set a Guinness World Record for the longest ever cooking session by an individual. Hilda Bassey, a chef in the mega city of Lagos, has captivated the country with her marathon cooking, which started on Thursday and ended on Monday night. The current longest cooking record is held by Indian chef Lata Tondon, who set a time of 87 hours and 45 minutes in 2019. Bassey's time will need to be certified by Guinness World Record officials before it can be made official.
CNN —Nigerian chef Hilda Effiong Bassey has become a national sensation after cooking nonstop for 100 hours, in an attempt to set a world record. The Guinness world record committee still has to confirm that all their criteria have been met and whether Bassey will become the record holder. Bassey told CNN that she was motivated to attempt the record because she wants to put Nigerian food on the map. Nigerian food is such comfort food,” she added. Bassey told CNN that she nearly gave up on the first day, but after surpassing the previous record, she decided to aim for 100 hours.
Deep Sea has broken the record for the longest time lived underwater. Dituri has been living in Jules’ Undersea Lodge, a steel and glass habitat 30 feet below the surface of a lagoon in Key Largo, Florida. “It is the first and only underwater hotel where scuba diving is the only way to get to your room,” the website reads. According to Guinness World Records, the record for the longest time spent living underwater in a fixed habitat was previously held by two American biologists, Bruce Cantrell and Jessica Fain, who spent 73 days in the same undersea lodge as Dituri. “It’s all part of his dream to become a civilian astronaut and travel into space by 2026,” Dituri’s website says.
Berkshire invests in Capital One, sheds four stocks
  + stars: | 2023-05-15 | by ( Jonathan Stempel | ) www.reuters.com   time to read: +3 min
Buffett's company made its disclosures in a regulatory filing listing its U.S.-traded stocks as of March 31. Capital One shares rose 5.7% in after-hours trading following Berkshire's disclosure of a 9.92 million share stake worth about $954 million. In Monday's filing, Berkshire also revealed a new $41.3 million stake in Diageo Plc (DGE.L), the maker of alcoholic beverages including Johnnie Walker and Guinness. BERKSHIRE BUYS MORE APPLE, BANK OF AMERICADespite the selling, Berkshire still invests in several financial services companies. Berkshire also has dozens of operating businesses including the BNSF railroad, Geico car insurance, and many energy, manufacturing and consumer units.
The Weeknd has reverted to his birth name on social media
  + stars: | 2023-05-15 | by ( Jack Guy | ) edition.cnn.com   time to read: +1 min
CNN —The Weeknd is now officially known online by his real name – Abel Makkonen Tesfaye – after following through on plans to update his social media accounts. On Monday, the Canadian artist’s Twitter and Instagram accounts had updated to display his birth name rather than his artistic name. And the change is part of a wider plan to “kill The Weeknd,” Tesfaye told W Magazine in an interview published May 8. “It’s getting to a place and a time where I’m getting ready to close the Weeknd chapter. “The album I’m working on now is probably my last hurrah as The Weeknd,” he told W Magazine.
I have taken supplements and prescribed myself an anti-nausea medication that has the side effect of increasing the hormone responsible for milk production. And I know, rationally, that this had nothing to do with love, that supplementing with formula is more than OK. For all the pressure I have felt as a doctor or a writer, there is nothing that compares with the expectations placed on mothers. We are supposed to fall in love with our babies immediately, to experience motherhood as a transcendent state. Not exactly as I expected, nothing ever is — not family, not motherhood — but something beautiful.
Bobi, the world’s oldest dog, celebrates 31st birthday
  + stars: | 2023-05-13 | by ( Zoe Sottile | ) edition.cnn.com   time to read: +2 min
CNN —The world’s oldest dog is living it up in his 30s. Bobi, a Portuguese pooch who was declared the world’s oldest dog by Guinness World Records in February, celebrated his 31st birthday on Thursday, according to a news release from Guinness. Costa told Guinness that Bobi has been enjoying a lot of attention since being crowned the world’s oldest dog. “It wasn’t easy for him.”Bobi is a purebred Rafeiro do Alentejo, a breed of Portuguese dog trained to guard livestock, according to his owner. In addition to being the oldest dog currently living, Bobi is also the oldest dog ever recorded, according to Guinness.
Just getting to know the supporters, I want to earn their trust by showing them how much we care and how passionate we are. “It’s research, I’m doing research – and lots of pints of Guinness along the way. The Royal Dyche took to Twitter to mark Watt’s visit, sharing an image of him behind the bar on Monday. Lovely gent, such a great reception in the pub from all us Claret fans,” the pub added. Kompany is best known for his exploits as the captain of Manchester City, with whom he won four Premier League titles.
"Because of higher prices, people are buying smaller amounts of groceries overall and may have become more careful not to waste food." "Despite all of that, (there are) 8% to 12% missing items on shelves," he said. "This has created a major, major issue around out-of-stock" in most of the 16 Middle Eastern countries where the company operates, he said. Laurent Thoumine, Accenture's Europe lead for retail, said supermarkets in Britain, France, Germany, Italy and Spain have had the worst stock issues. Products that are scarce in some stores include ketchup, pasta, chocolate, tea, potato chips, toothpaste and pet food, according to Nielsen IQ's Data Impact.
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