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☆ Hasbro CEO Chris Cocks goes one-on-one with Jim Cramer
▼ + stars: | 2024-07-25 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Hasbro CEO Chris Cocks goes one-on-one with Jim CramerHasbro CEO Chris Cocks joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, growth areas for the company and more.

Persons: Chris Cocks, Jim Cramer Organizations: Hasbro

☆ Hasbro beats second-quarter estimates, goes 'all in' on digital gaming segment
▼ + stars: | 2024-07-25 | by ( Justine Fisher | ) www.cnbc.com time to read: +2 min

Toy company Hasbro beat Wall Street expectations for the second-quarter on Thursday, thanks in part to growth in its digital gaming segment. Though Hasbro's revenue declined 18% overall for the quarter, its Wizards of the Coast and digital gaming segment saw 20% revenue growth. Hasbro attributed the revenue increase for Wizards of the Coast and digital gaming to the launch of MAGIC's card game, Modern Horizons 3, and the continued impact of licensed and digital gaming, with Monopoly Go! CEO Chris Cocks said during the company's earnings call that it continues to invest in its digital gaming portfolio, highlighting the recent appointment of John Hight as president of Wizards of the Coast and digital gaming. The company estimates a total adjusted EBITDA for the full year of between $975 million and $1.025 billion.

Persons: Chris Cocks, John Hight, John, we're, " Cocks Organizations: Hasbro, Austin , Texas . Toy, LSEG, Wizards, Monopoly Locations: Austin , Texas

☆ Hasbro CEO: Toys will always be an important part of our business
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHasbro CEO: Toys will always be an important part of our businessHasbro CEO Chris Cocks joins 'Money Movers' to discuss Hasbro's recent strategic turnaround and what's clicking for the company.

Persons: Chris Cocks Organizations: Hasbro

☆ A decade after Mandela's death, his pro-Palestinian legacy lives on
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +3 min

[1/2] Former South African president Nelson Mandela (R) and Palestinian President Yasser Arafat (L) address the media after holding talks on the crisis in the Middle East May 3, 2001. It was a gesture as controversial then as South Africa's support for the Palestinian cause is today, but Mandela brushed off criticism. Last month, the ruling ANC backed a motion in South Africa's parliament to suspend diplomatic ties with Israel until it agreed to a ceasefire in Gaza. Israel has disputed the comparison with apartheid as a lie motivated by antisemitism, but many South Africans follow Mandela's lead. Some in South Africa's Jewish community criticise the ANC's stance, pointing out that Mandela himself eventually tried to build bridges with Israel.

Persons: Nelson Mandela, Yasser Arafat, Mandela, Arafat, S.Africa, Carien du Plessis, Mandla Mandela, Obed Bapela, Lebogang Mashile, David Saks, Ehud Barak, Ezer Weisman, Saks, Shafiek, Tim Cocks, Alex Richardson Organizations: South, Arafat ANC, ANC, Palestine Liberation Organisation, Hamas, Reuters, Thomson Locations: Israel, Gaza, Shafiek, JOHANNESBURG, Palestine, Johannesburg, South Africa's, South Africa, South

☆ Environmental groups urge funding halt for TotalEnergies' Mozambique project
▼ + stars: | 2023-11-17 | by ( Wendell Roelf | ) www.reuters.com time to read: +3 min

TotalEnergies signs are seen at a petrol station in Nice, France, October 10, 2022. The letter, seen by Reuters, comes at a crucial juncture for the French energy company as it prepares to relaunch Africa's largest foreign direct investment project. Activists warn the project may worsen climate change and fuel human rights abuses in the impoverished southern African nation. TotalEnergies said before Friday's letter that arrangements for project finance remain in place despite a 'force majeure' halt in 2021 when Islamist militants threatened the project site. The project delay has led some investors to reassess their previous cost assumptions in light of inflation and global gas market swings.

Persons: Eric Gaillard, Banks, TotalEnergies, Ntshengedzeni Maphula, Reta Jo Lewis, Wendell Roelf, Toby Sterling, Nellie Peyton, Forrest Crellin, Mathieu Rosemain, Yuka Obayashi, Tim Cocks, Olivia Kumwenda, Elaine Hardcastle Organizations: REUTERS, Reuters, ActionAid International, Greenpeace, African Development Bank, Societe Generale, Africa's Export Credit Insurance Corporation, Thomson Locations: Nice, France, Mozambique, Greenpeace France, Netherlands, U.S, Exim, Cape Town, Amsterdam, Johannesburg, Paris, Tokyo

☆ How the Nigerian military fatally shot a young captive
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +19 min

The Nigerian government and military – including the presidency, Ministry of Defence, defence headquarters and army leaders – did not respond to detailed questions for this story. Various entities have accused Nigerian security forces of other abuses in connection with killings of civilians and captives. Two security force members told Reuters they saw multiple prisoners brought out of the barracks and shot after the fighting ceased. Tweets from Nigerian defence headquarters in Abuja show the military declared the hostilities over shortly after 11 a.m. Nine shots fired A uniformed security force member shot nine rounds at the young captive, pulling the trigger at least seven times, according to forensic audio experts who listened to the recording at Reuters’ request.

Persons: Melanie O’Brien, –, Ocampo, Christopher Musa, Musa, ” Musa, “, extrajudicially, Michael Oluoha Agi, ’ ”, ”, Boko, ‘ Allahu akbar ’, Yahaya, Haram, Biu, Bellingcat, Belllingcat, Chris Olukolade, Emmanuel Emeka, Emeka, Reade Levinson, David Lewis, Tim Cocks, Carlos Gonzales, Paul Carsten, Daphne Psaledakis, Stephanie van den Berg, Youri van, Adolfo Arranz, Sam Hart, Feilding, Julie Marquis, Alexandra Zavis Organizations: Reuters, International Association of, Nigerian, Ministry of Defence, ICC, Islamic, Human Rights Commission, United Nations, Twitter, Nigerian Army, Nigerian Air Force, Human Rights Watch, Amnesty International, U.S . State Department, U.S, Boko, Civilian, Task Force, Defence, Facebook, 231, Battalion, 331 Artillery Regiment Locations: Geneva, Nigeria, Haram, Islamic State West Africa Province, Nigerian, United States, Britain, U.S, Biu, Boko Haram, Abuja, Largema

☆ Hasbro, Mattel shares plunge as toymakers forecast a lackluster holiday season
▼ + stars: | 2023-10-26 | by ( Drew Richardson | ) www.cnbc.com time to read: +2 min

Shares of Hasbro and Mattel sank on Thursday, as both toymakers suggested sales will slow in the fourth quarter. The companies face challenges entering the critical fourth quarter, they said as they separately reported third-quarter earnings. Toys and games, products both Hasbro and Mattel are known for, could be on the chopping block this season as consumers watch their spending. Mattel's implied fourth quarter guidance on toy sales offered Wednesday also spooked Wall Street, despite its strong third-quarter results. Hasbro's revenue fell 10% for the quarter compared to the year-ago period, largely driven by decreases in its consumer and entertainment segments.

Persons: Chris Cocks, Mattel's Organizations: Hasbro, Mattel, Citi Research, LSEG, Lionsgate

☆ Hasbro cuts revenue view, joins Mattel to warn of cloudy holiday quarter
▼ + stars: | 2023-10-26 | by ( Savyata Mishra | ) www.reuters.com time to read: +2 min

REUTERS/Andrew Kelly/File photo Acquire Licensing RightsOct 26 (Reuters) - Hasbro (HAS.O) cut its annual revenue forecast for the second time this year on weak toy demand and joined Barbie-maker Mattel to warn of choppy holiday-quarter sales, sending its shares down 12% before the bell. The Monopoly maker expects 2023 revenue to tumble 13% to 15% compared to a prior forecast of a 3% to 6% decline. Its third-quarter revenue and profit also missed market expectations, with revenue from its core toy business dropping 18% as shoppers cut back on non-essential spending. Hasbro saw a 40% surge in digital and licensed gaming revenue on strong demand for its "Monopoly Go" and "Baldur's Gate III" games. Analysts have warned that uncertain holiday spend and softer toy demand could prompt retailers to keep supply tight and offer steep discounts to avoid a pile-up like last year.

Persons: FAO Schwarz, Andrew Kelly, Barbie, Chris Cocks, James Zahn, Savyata Mishra, Arun Koyyur Organizations: Hasbro, Inc, FAO, REUTERS, Mattel, Consumer Products, Thomson Locations: Manhattan , New York City, U.S, Bengaluru

☆ Mourners gather in South African for funeral of controversial Zulu prince Buthelezi
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +2 min

South Africa's leader of the Inkatha Freedom Party (IFP) Mangosuthu Buthelezi speaks to supporters ahead of the national elections, in Richards Bay, north of Durban, in South Africa, April 19, 2009. REUTERS/Rogan Ward/File Photo Acquire Licensing RightsULUNDI, South Africa, Sept 16 (Reuters) - Thousands of mourners gathered in eastern South Africa on Saturday for the state funeral of Mangosuthu Buthelezi. The veteran South African politician, Zulu prince and controversial figure during the apartheid liberation struggle, died last week aged 95. South African media reported that two giraffes and six impalas had been slaughtered and skinned as part of the ritual preparations. Like the ANC, he was critical of white minority rule, which had relegated Zulus and other Black South Africans to downsized 'homelands'.

Persons: Mangosuthu Buthelezi, Rogan Ward, Mangosuthu, Buthelezi, Nelson Mandela, Siyabonga Sishi, Tim Cocks, Mike Harrison Organizations: Freedom Party, IFP, REUTERS, South, Home Affairs, African National Congress, ANC, Thomson Locations: Richards Bay, Durban, South Africa, Ulundi, KwaZulu, Natal, Xhosa, South Africa's

A few years ago, the charity ran out of money and quietly stopped operating, so the building began filling up with drug users and desperately poor migrants, residents said. Spokespeople for the City of Johannesburg and police did not respond to requests for comment about the residents' accounts. But Johannesburg city manager Floyd Brink said there was a plan to get hijacked buildings back under control. But human rights groups took them to court, said Annie Michaels, an activist from the Johannesburg Migrants Advisory Panel, which has been supporting migrants in the building. Shocked at the state of the building, Jack urged her brother Dube to move, but he never did.

Persons: Sihle Dube, didn't, Dube, Bertha Gxowa, Angela Rivers, Kabelo Gwamanda, Floyd Brink, Cyril Ramaphosa, Ramaphosa, contemptuously, Thando, Ethel Jack, Jack, I've, Chinte Mustafa, Annie Michaels, Michaels, he'd, Tim Cocks, Alexandra Zavis, Ros Russell Organizations: Association, City, Bertha, REUTERS, Thomson Locations: Johannesburg Fire, JOHANNESBURG, Johannesburg, Germiston, Johannesburg's, South, South Africa, Africa, Utrecht, Malawi

☆ Johannesburg fire: what are 'hijacked buildings' and why are they dangerous?
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +3 min

A firefighter works at the scene of a deadly fire which occurred in the early hours of the morning in Johannesburg, South Africa, August 31, 2023. REUTERS/Shiraaz Mohamed Acquire Licensing RightsJOHANNESBURG, Aug 31 (Reuters) - More than 70 people were killed overnight when fire raged through a five-storey Johannesburg apartment block that may have been rented out illegally, known as a "hijacked building":WHAT ARE HIJACKED BUILDINGS AND WHEN DID THE ISSUE BEGIN? In some instances, the syndicates occupied buildings with fraudulent title deeds, said Angela Rivers, general manager at Johannesburg Property Owners and Managers Association. Rivers said she was aware of 57 known hijacked buildings in the Central Business District alone, mostly owned by the city or the provincial government. Lebogang Isaac Maile, the head of the Human Settlements department for Gauteng province, said 23 hijacked buildings had been identified in Johannesburg as in need of development.

Persons: Shiraaz Mohamed, Angela Rivers, Rivers, Kabelo Gwamanda, Edward Molopi, Lebogang Isaac Maile, Bhargav Acharya, Catherine Schenck, Tim Cocks, Nick Macfie Organizations: REUTERS, Rights, Association, Central Business District, Economic Rights Institute, Thomson Locations: Johannesburg, South Africa, Rights JOHANNESBURG, South Africa's, Gauteng

☆ Zambia seeks to deny bail to five Egyptians, 6 nationals charged with spying
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

LUSAKA, Aug 29 (Reuters) - Zambia sought to deny bail to five Egyptians and six Zambians charged with espionage for entering a restricted zone of Lusaka airport, two weeks after Zambian authorities said their plane had been seized along with guns, bullets, cash and fake gold. "The state must give reasons as to why accused persons whose liberties to freedom are being taken away must be denied bail," defence lawyer Martha Mushipe told the court. That fuelled speculation in Zambian media that some of the suspects might have sought to swindle gold buyers in a fake bullion scam. Two Egyptian security sources said the plane seized in Zambia had been inspected by authorities before leaving Cairo, but that bags with one of the arrested Egyptians were not searched, and this was currently under investigation. Reporting by Chris Mfula; additional reporting by Cairo Newsroom; writing by Tim Cocks; editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Persons: Davies Chibwili, Martha Mushipe, Zambian Mines Minister Paul Kabuswe, Chris Mfula, Tim Cocks, Mark Heinrich Our Organizations: Drug Enforcement Agency, Zambian Mines Minister, Cairo Newsroom, Thomson Locations: LUSAKA, Zambia, Lusaka, Lusaka's, Cairo, Egyptian

☆ Factbox: BRICS summit 2023: What's likely to be discussed?
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +4 min

Putin will participate in the summit virtually and will be represented in Johannesburg by Foreign Minister Sergei Lavrov. BRICS EXPANSIONThe leaders are divided over the expansion of the bloc by adding new members, including the admission criteria. BRICS BANKThe group is also expected to discuss how to boost local currency fundraising and lending within the New Development Bank (NDB), or so-called BRICS bank. While the NDB, which was established in 2015, is still looking at the potential use of alternative currencies, there will be no talk about a common BRICS currency during the summit, South Africa's senior BRICS diplomat said. 'FRIENDS OF BRICS'The last day of the summit is expected to focus on talks with leaders from other countries.

Persons: Aly, Cyril Ramaphosa, Xi Jinping, Luiz Inacio Lula da Silva, Narendra Modi, Vladimir Putin, Putin, Sergei Lavrov, Enoch Godongwana, BRICS, Naledi Pandor, Emmanuel Macron, Macron, Pandor, Anait Miridzhanian, Olivia Kumwenda, Tim Cocks, Nick Macfie Organizations: New Development Bank, REUTERS, Rights, Indian, International, Africa's Finance, Federal Reserve, United Arab, South African Foreign, Ukraine, Continental Free Trade Area, Thomson Locations: Shanghai, China, Rights JOHANNESBURG, Brazil, Russia, India, South Africa, Johannesburg, Ukraine, Saudi Arabia, Iran, United Arab Emirates, Argentina, Indonesia, Egypt, Ethiopia, BRICS, United States, South, Bangladesh, Uruguay, Algeria, Honduras, Zimbabwe, Africa, Latin America, Asia, Caribbean, France, Russian

☆ South Africa's Women's World Cup success highlights unequal pay issues
▼ + stars: | 2023-08-18 | by ( Thando Hlophe | ) www.reuters.com time to read: +2 min

South Africa's women's team, known as "Banyana Banyana", reached the last 16 at the World Cup in Australia and New Zealand earlier this month -- the first time either the men's or women's team had achieved the feat. In a 2022 investigation into the bonus structure for Banyana Banyana, South Africa's Commision for Gender Equity found that "players are not remunerated on the same scale (as) ... their male counterparts". For instance, South Africa's women's players received only a 55,000 rand ($2,885) bonus for reaching the final of the Women's Africa Cup of Nations, which they went on to win. "We're coming from very disadvantaged homes, we become breadwinners," Portia Modise, former Banyana Banyana captain, told Reuters after playing a friendly in the township of Soweto. That figure compared with $440 million for the men's tournament in Qatar.

Persons: Dhlamini, Carl Recine, SAFA, Portia Modise, Linda Zwane, Thando, Tannur Anders, Tim Cocks, Toby Davis Organizations: Soccer Football, FIFA, Sydney Football Stadium, REUTERS, Rights, Africa's, South African Football Association, Gender Equity, Africa, of Nations, Reuters, Thomson Locations: New Zealand, Netherlands, South Africa, Sydney, Australia, Rights JOHANNESBURG, Qatar, Soweto

☆ BRICS nations to meet in South Africa seeking to blunt Western dominance
▼ + stars: | 2023-08-17 | by ( Tim Cocks | ) www.reuters.com time to read: +4 min

An attendant is stands next to South African, Indian, Russian, Brazilian and Chinese flags during a plenary session of BRICS Summit, in Xiamen, China September 4, 2017. South Africa will host Chinese President Xi Jinping, Brazil's Luiz Inacio Lula da Silva and Indian Prime Minister Narendra Modi for the BRICS summit from August 22 to 24. Russia needs friends to counter its diplomatic isolation over Ukraine, and so is keen to bring in new members, as is its most important African ally, South Africa. BRICS nations are keen to project themselves as alternative development partners to the West. Officials in Brazil, China and South Africa said climate change may come up but indicated it wouldn't be a priority.

Persons: Tyrone Siu, S.Africa, Vladimir Putin, Xi Jinping, Brazil's Luiz Inacio Lula da Silva, Narendra Modi, Naledi Pandor, BRICS, Breton Woods, disbursing, Laurie Chen, Lisandra, David Stanway, Carien Du Plessis, Alexandra Hudson Organizations: BRICS, REUTERS, Tyrone, Global, Indian, New Development Bank, World Bank, Alexandra Hudson Our, Thomson Locations: Xiamen, China, India, Brazil, JOHANNESBURG, South Africa, Ukraine, . South Africa, United States, Saudi Arabia, Argentina, Egypt, AFRICA, BRICS, Russia, Africa, Beijing, Brasilia, Singapore, Johannesburg

☆ Margot Robbie is making a movie about Monopoly. Here is what to know about all the toys and games being turned into films following the success of 'Barbie'
▼ + stars: | 2023-08-04 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +1 min

In 2015, CNN reported that the Hasbro game had been translated into 47 languages, played in 114 countries sold over 275 million copies. A Monopoly movie was first mooted by Oscar-nominated director Ridley Scott during an interview with the Los Angeles Times in 2007. In 2009, producer Frank Beddor came up with an interesting pitch for a Monopoly movie, which he told IGN that Scott was excited about. When Lionsgate acquired Entertainment One's TV and film operations from Hasbro in 2023, it seemed a Monopoly movie was their top priority. On Wednesday, during 2024's Cinemacon in Las Vegas, Lionsgate confirmed that a Monopoly movie is in development.

Persons: Justin Sullivan, Oscar, Ridley Scott, Frank Beddor, Scott, Beddor, Parker, Truman, Andrew Niccol, Kevin Hart, Tim Story, Chris Cocks Organizations: CNN, Hasbro, Los Angeles Times, IGN, Monopoly, Lionsgate, Entertainment Locations: Las Vegas

☆ Hasbro sells off costly production studio, taking a page from Mattel's playbook
▼ + stars: | 2023-08-03 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Four years after acquiring Toronto-based production studio eOne, Hasbro is selling it off to Lionsgate. That price tag consists of $375 million in cash and the assumption of production financing loans. Without eOne, Hasbro will also return to licensing and partnerships with studios to fund entertainment projects for brands like Dungeons and Dragons, PlayDoh, Magic: The Gathering and Transformers. Hasbro acquired eOne in 2019 for $4 billion, a price tag that included coveted preschool brands like Peppa Pig and PJ Masks. Without eOne, Hasbro will continue to rely on partnerships with studios like Paramount for theatrical releases and television productions.

Persons: Drew Crum, Eric Handler, Roth MKM, Chris Cocks Organizations: Toronto, Hasbro, Lionsgate, eOne, Paramount Locations: Rhode

☆ Brazil now main holdout against BRICS expansion, sources say
▼ + stars: | 2023-08-02 | by ( Lisandra Paraguassu | ) www.reuters.com time to read: +5 min

An attendant is stands next to South African, Indian, Russian, Brazilian and Chinese flags during a plenary session of BRICS Summit, in Xiamen, China September 4, 2017. "An expansion could transform the bloc into something else," said a Brazilian official, who asked not to be named. Russia said expansion would be high on the agenda of the upcoming BRICS summit. A government official told Reuters: "India has reservations about the expansion ... South Africa, the first beneficiary of a BRICS expansion in 2010, now supports inclusion of new members, though South African President Cyril Ramaphosa has said the expansion formula requires "closer scrutiny and understanding."

Persons: Tyrone Siu, Vladimir Putin, Dmitry Peskov, Cyril Ramaphosa, Oliver Stuenkel, Stuenkel, Lisandra, Laurie Chen, Krishn Kaushik, Carien du Plessis, Tim Cocks, Wendel Roelf, Anthony Boadle, Brad Haynes, David Gregorio Our Organizations: BRICS, REUTERS, Tyrone, Reuters, Brazilian, Diplomats, Getulio Vargas Foundation, Thomson Locations: Xiamen, China, Tyrone Siu BRASILIA, Brazil, Russia, India, South Africa, United States, Ukraine, Brasilia, Algeria, Cape Town, Johannesburg, Beijing, BRICS, Africa, São Paulo, Indonesia, Iran, Venezuela, Saudi Arabia, New Delhi

JOHANNESBURG, July 20 (Reuters) - A BRICS currency will not be on the agenda of the bloc's summit in South Africa next month, but Brazil, Russia, India, China and South Africa will continue to switch away from the U.S. dollar, South Africa's senior BRICS diplomat said on Thursday. "There's never been talk of a BRICS currency, it's not on the agenda," Anil Sooklal, South Africa's Ambassador at Large: Asia and BRICS, told a media briefing. "What we have said and we continue to deepen is trading in local currencies and settlement in local currencies." This has pushed countries to find alternatives to the dollar, especially among non-U.S. allies. "BRICS started a process that has been expedited as a result of the conflict, as a result of unilateral sanctions," Sooklal said.

Persons: There's, it's, Anil Sooklal, Luiz Inacio Lula da Silva, Sergei Lavrov, BRICS, Sooklal, Rachel Savage, Carien du Plessis, Tim Cocks, Angus MacSwan Organizations: U.S ., South, Thomson Locations: JOHANNESBURG, South Africa, Brazil, Russia, India, China, South, Asia, Russian, Ukraine, U.S

☆ South Africa to host BRICS summit despite Putin arrest warrant
▼ + stars: | 2023-06-29 | by ( Carien Du Plessis | ) www.reuters.com time to read: +2 min

South Africa has a duty as a signatory to the International Criminal Court (ICC) to arrest Putin if he attends the talks between the leaders of Brazil, Russia, India and China, due to an arrest warrant over the deportation of children from Ukraine. "South Africa will host the 15th BRICS Summit at the Sandton Convention Centre in Sandton, Johannesburg, from 22 to 24 August 2023," the Department of International Relations said in a statement. Presidency spokesperson Vincent Magwenya confirmed to Reuters in a text message that this meant the whole summit, including the main part involving the BRICS heads of state, would take place in South Africa. He and a spokesperson for the international relations department declined to comment on whether or not Putin will attend. On Tuesday, South Africa's Minister of International Relations Naledi Pandor said Putin had not yet replied to an invitation, sent before the ICC charged him on March 18.

Persons: Vladimir Putin, Putin, Cyril Ramaphosa, Vincent Magwenya, International Relations Naledi Pandor, Xi Jinping, Narendra Modi, Luiz Inacio Lula da Silva, Pandor, Sergey Lavrov, Tim Cocks, Andrew Cawthorne Organizations: International Criminal Court, ICC, African National Congress, ANC, Department of International Relations, Reuters, South Africa's, International Relations, India's, Thomson Locations: JOHANNESBURG, South Africa, China, Brazil, Russia, India, Ukraine, Africa, Sandton, Johannesburg

☆ Ecuador authorities confiscate pigs, fighting cocks from prison
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +1 min

[1/4] Members of Ecuador's security forces confiscate pigs in a high security jail, in Santo Domingo, Ecuador in this image released June 16, 2023 and obtained from social media. Fuerzas Armadas del Ecuador via Twitter/via REUTERSJune 16 (Reuters) - Ecuadorean security forces have confiscated pigs, fighting cocks and more than two dozen bladed weapons, among other items, from a high-security wing of Bellavista prison in the city of Santo Domingo, the country's military said on Friday. Police and operatives of the SNAI prison authority were shown wheeling out two pigs from the prison in images shared by Ecuador's military in a message posted on Twitter. The authorities also removed 12 fighting cocks, 26 bladed weapons, 16 electrical items, and other objects, they tweeted, without saying how the animals ended up there. Ecuador's prisons are plagued by poor conditions and violence, the latter leading to the deaths of hundreds of inmates.

Persons: Oliver Griffin, Richard Chang Organizations: Twitter, REUTERS, . Police, Thomson Locations: Santo Domingo, Ecuador, del Ecuador

☆ Where Do You Draw the Line on P.D.A.?
▼ + stars: | 2023-06-05 | by ( Gina Cherelus | ) www.nytimes.com time to read: +1 min

Another argued that maybe she just doesn’t like P.D.A. For the average person, being comfortable with P.D.A. Ms. Condé, who is of West African descent and was raised Muslim, said that the one place she probably wouldn’t engage in P.D.A. “They just go in on it like they’re complimenting, but it feels like ostracization in a way,” Ms. Condé said. was one of the reasons he and his boyfriend broke up three weeks ago: “He’s not so into P.D.A., and I need P.D.A.”

Persons: Damson Idris, Lori Harvey, Idris, Harvey, he’s, Condé, ”, “, ” Ms, it’s, it’ll, ” David Mendoza Locations: West

☆ In Zimbabwe, female rugby team seeks to keep girls off the streets
▼ + stars: | 2023-05-30 | by ( Nyasha Chingono | ) www.reuters.com time to read: +2 min

[1/5] Shingi Chigegede, a member of the Zimbiru Rugby Academy Club, an all-female rugby team, makes a try during a legue match against Old Georgians sports club in the capital Harare, in Zimbabwe, April 29, 2023. REUTERS/Philimon BulawayoDOMBOSHAVA, Zimbabwe, May 30 (Reuters) - Bridget Magasu is the first to arrive for the training session, clutching a rugby ball while she waits for other members of her all-female rugby team to arrive. Domboshava, a hub for transporting farm produce, has become a hotspot for sex work. "We wanted the girls to stay away from the streets," team coach Takudzwa Ngirazi, 25, a former club rugby player said. Jobs are scarce, pushing teenage girls into sex work - sometimes for as little as U.S. $2.

JOHANNESBURG, May 15 (Reuters) - South Africa's climate policy body on Monday suggested the government could delay retiring its ageing coal-fired power plants to address electricity shortages and said a power crisis had put the country on track to meet its climate goals anyway. The ruling African National Congress has recommended that state power utility Eskom delay the decommissioning of its ageing coal-fired power stations to help minimise rolling electricity outages. "The least-cost approach is to pull the coal plants off when they reach the end of their economic life," said Crispian Olver, executive director of the Presidential Climate Commission (PCC). South Africa relies on coal for electricity. South Africa's national target for emissions reductions is 398-510 MtCO2e by 2025, and 350-420 MtCO2e by 2030.

☆ Hasbro, Mattel shares rise as toymakers announce multiyear licensing agreement, increased IP focus
▼ + stars: | 2023-04-27 | by ( Natasha Piñon | ) www.cnbc.com time to read: +5 min

Barbie maker Mattel posted first-quarter results after markets closed on Wednesday that beat revenue expectations but fell short of expectations on the bottom line. Other toy stocks, including Hasbro competitor Mattel and pop culture consumer company Funko , also jumped on Thursday. Toymaker stocks rallied Thursday after rivals Hasbro and Mattel posted quarterly results and offered optimistic comments about how their intellectual property will boost their businesses. Amid the challenging toy and game market, both Hasbro and Mattel are eyeing a future increasingly focused on intellectual property. Hasbro's "Transformers: Rise of the Beasts" from Paramount is slated for a June 9 release, while Mattel's much-hyped "Barbie" movie from Warner Bros. is scheduled for a July 21 release.

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