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It's not just Barbie — lots of big brands are getting serious about making Hollywood-style entertainment. Insider identified 13 new and established players making the biggest moves in the space. "Barbie" may be the movie of the summer, but lots of other big brands are getting serious about making Hollywood-style entertainment. Neutrogena: Neutrogena Studios launched in 2021 and is J&J Consumer's first brand-funded content studio to make feature documentaries and scripted shorts. PepsiCo: PepsiCo's Content Studio is led by veteran PepsiCo marketer Lou Arbetter.
Persons: It's, Ron Howard, Brian Grazer's, Oscar, Michael Sugar, Brian Newman, REI, Michael Sugar's, Jae Goodman, Lauren Denowitz, Coke, Brian Grazer, Ron Howard's, Selman Careaga, John Deere, Mara Downing, Al Roker, Jill Wilfert, Ryan Gosling, Margot Robbie, Barbie, Ken, Jaap Buitendijk, Robbie Brenner, J.J, Abrams, Lena Dunham, Barney, Daniel Kaluuya, J, Sebastian Garcia, Laurie Hernandez, Matt Damon, Ben Affleck's, Entertainment —, Justin Biskin —, Howard, Lou Arbetter, Max, Robert Rodriguez, Nadia Hallgre, Stanley Nelson, Arbetter, Procter, Kimberly Doebereiner, Paolo Mattola, Kyra Sedgwick, Watiti, Saint Laurent, Anthony Vaccarello, Saint, Pedro Almodóvar, Ethan Hawke, Pedro Pascal, it's, Paolo Sorrentino, David Cronenberg, Kelly Mullen, Bryce Dallas Howard, Lena Waithe, WePresent, Holly Fraser, Moses Sumney, Solange Knowles, Riz Ahmed, Aneil, Fraser Organizations: Hollywood, Procter, Gamble, Companies, Brands, Unilever, InBev, Waffle Iron Entertainment, draftLine Entertainment, Netflix, Coca Cola, Entertainment, Global, Deere, Warner Bros, Warner Brothers, Universal Studios, Mattel, Neutrogena Studios, Studio, Kerry, Seattle Film, Ghetto Film, HBO Nike, Nike, Waffle, Apple, HBO, PepsiCo, Pepsi Super, Showtime, Pepsi, G Studios, Imagine, Amazon's, Hulu, Paramount, Blue Fox Entertainment, Saint Laurent Productions, Unilever Entertainment, Imagine Entertainment, Monotype Locations: Hollywood, Kerry Washington, American, Cannes, Britain
The "Barbie" movie could drive material upside for Mattel stock, according to Goldman Sachs. The bank increased its Mattel price target to $24 as estimates suggest more than $150 million in ticket sales this weekend. These are the three reasons why Goldman expects the movie to drive financial upside for Mattel. These are the three factors that could help Mattel benefit from the potential success of the "Barbie" movie. A bonus reason exists for Mattel stock to benefit from the "Barbie" movie, and that's the possibility of Mattel licensing more of its intellectual property for content creation, according to the note.
Persons: Goldman Sachs, Goldman, Margot Robbie, Barbie, Ryan Gosling, Ken, Christopher Nolan's, Oppenheimer, Warner Brothers, Mattel, Stephen Laszczyk, Laszczyk, J.J . Abrams Organizations: Mattel, Service, Privacy, BoxOffice Pro, Rotten Locations: Wall, Silicon, America
Contains many spoilers for Season 1 of “Creamerie.”The New Zealand post-viral-apocalypse comedy “Creamerie” likes to begin an episode right where the previous one left off. “Creamerie” is in the science fiction subgenre of world-without-men shows; others include the new Netflix anime “Ooku: The Inner Chambers” and FX on Hulu’s “Y: The Last Man” from 2021. “Creamerie” was created by the actresses who play the leads — J.J. Fong, Perlina Lau and Ally Xue — along with the writer and director Roseanne Liang. The four have been collaborators for a decade, making Web series about relatably snarky young women in urban New Zealand. Fong, Lau and Xue play Jamie (determined, sorrowful, sexy), Pip (uptight, repressed, resourceful), and Alex (rebellious, profane, loyal), the proprietors of a dairy farm in rural New Zealand.
Persons: , cowering, French, It’s, , Creamerie ”, — J.J, Fong, Perlina Lau, Ally Xue —, Roseanne Liang, Lau, Xue, Jamie, Pip, Alex Organizations: Hulu, Netflix Locations: Zealand, New Zealand
WASHINGTON, July 10 (Reuters) - The World Bank on Monday named 15 chief executive officers including financiers and asset managers to a group launched by the lender's president, Ajay Banga, aiming to marshal more private capital to combat climate change and boost investment in developing countries. Banga announced the initiative at a global finance summit in Paris last month alongside Mark Carney, the U.N. special envoy on climate action, and Shriti Vadera, chair of Prudential Plc (PRU.L). The World Bank and the CEOs will work "to develop, test, implement and ultimately scale financing structures that can most effectively mobilize private capital," Carney said in a statement. He said in a statement that the Private Investment Lab CEOs were a "crucial piece of the puzzle" to devise ways to pull more private sector investment into the intertwined challenges of poverty, climate and fragility. Reporting by David Lawder; Editing by Will Dunham and David GregorioOur Standards: The Thomson Reuters Trust Principles.
Persons: Ajay Banga, Joe Biden, King Charles . Banga, Mark Carney, Shriti Vadera, Carney, Thomas Buberl, Larry Fink, BlackRock, Noel Quinn, Hendrik du Toit, Jessica Tan, Sim Tshabalala, Bill Winters, Dilhan, Mark Gallogly, Banga, David Lawder, Will Dunham, David Gregorio Our Organizations: Bank, Investment, U.S, Prudential Plc, World Bank, AXA, HSBC, Shemara, Mitsubishi UFJ Financial, Ping An, Royal Philips, Standard Bank, Standard Chartered, Sustainable Energy, Tata Sons, Temasek, Cairns, Mastercard, Private Investment, Thomson Locations: Britain, Paris, Macquarie, Banga
[1/3] One of Tiger Brands' most popular beverage products, Oros, is seen during production at a manufacturing facility in Germiston, South Africa November 17, 2022. This investment, sometimes at the cost of essential capital expenditure, will eventually be passed onto consumers, making food prices higher for longer, food companies, economists and lobby groups told Reuters. It comes at a time when South Africa is already struggling with acute unemployment, 14-year high interest rates and ballooning inflation and complicates efforts of the South African Reserve Bank (SARB) to ease interest rate hikes. Poultry producer Astral (ARLJ.J), diversified food producers AVI (AVIJ.J) and RCL Foods (RCLJ.J) have indicated in their recent earnings statements the mitigating measures would eventually translate into higher food prices. The listed food producers have collectively lost almost 15% in their market value since the beginning of the year.
Persons: James Oatway, Derek McKernan, Kobus, Pieter Taljaard, Thomas Funke, Charles Rossouw, Rosle, Cloete, Gertenbach, Tannur Anders, Anait, Promit Mukherjee, David Evans Organizations: Tiger Brands, REUTERS, Reuters, South African Reserve Bank, Reuters Graphics, Premier, RCL, Grain SA, Cane Growers ' Association, Food, Agricultural, Thomson Locations: Germiston, South Africa, JOHANNESBURG, Africa
REUTERS/Jan LopatkaPRAGUE, June 30 (Reuters) - Cyanide maker Draslovka is considering an equity fundraising worth hundreds of millions of dollars support the roll out of new technology that could help miners slash use of cyanide, its CEO said in an interview on Friday. The privately-held Czech company is the world's leading sodium cyanide maker. It acquired Australian Mining & Process Solutions last year, which developed innovative glycine leaching technology that can cut cyanide usage in mining by about half, depending on the circumstances. Draslovka hopes the technology will spearhead a transformation of the industry, raising its effectiveness and reducing environmental impacts. Bruzek said Draslovka had another 10 similar potential projects lined up by year-end, including a top nickel and cobalt miner.
Persons: Pavel Bruzek Jr, Jan Lopatka, Draslovka, Bruzek, JP Morgan, Barrick, Emma Rumney Organizations: Draslovka, REUTERS, Australian Mining, U.S, Oaktree Capital Management, Partners, Thomson Locations: Prague, Czech Republic, Jan Lopatka PRAGUE, Czech, London, United States, Sasol, South Africa
JOHANNESBURG, June 21 (Reuters) - FirstRand (FSRJ.J), South Africa's biggest bank by market value, said on Wednesday its non-performing loan ratio would stay below its target range as it maintains its conservative lending stance. South Africa has some of the continent's biggest banks, which have built up a reputation for conservative lending policies. Africa's biggest lender by assets Standard Bank (SBKJ.J) and major local lender Nedbank (NEDJ.J) have said that their bad loans would rise this year. But FirstRand said its credit loss ratio (CLR) for the year would remain below its stated range. Its return on equity - a measure of bank profitability - is expected to remain at the upper end of the stated range of 18% to 22%, FirstRand said.
Persons: FirstRand, Promit Mukherjee, Jane Merriman Organizations: Standard Bank, Thomson Locations: JOHANNESBURG, South Africa
UPS acknowledged the vote outcome and noted that Friday's strike authorization doesn't automatically trigger a work stoppage. While many union members at UPS cast their votes on the strike authorization before the heat safety deal was announced, some drivers said afterward that other big priorities remain. Heat safety experts praised the preliminary agreement on air conditioning but cautioned that addressing the threat of extreme temperatures would take time. Seth Harris, a law and policy professor at Northeastern University who served as President Joe Biden's top labor policy adviser, said progress on heat safety at UPS could have broader ripple effects. Already, though, the concessions have jolted UPS workers and their allies with a dose of optimism.
Persons: Sean O'Brien, Zakk Luttrell, We've, it's, Luttrell, Amit Mehrotra, Mehrotra, Juley Fulcher, Fulcher, , Seth Harris, Joe Biden's, Theresa Klenk, Klenk, — Annie Probert Organizations: Teamsters, UPS, NBC, Occupational Safety, Health Administration, Deutsche Bank, Logistics, FedEx, U.S . Postal, Public Citizen, Northeastern University, New, New Jersey UPS Locations: New Jersey
Fowler, Spieth and Thomas looking to invest in Leeds
  + stars: | 2023-06-15 | by ( ) www.reuters.com   time to read: +1 min
June 15 (Reuters) - Rickie Fowler said he and fellow American golfers Jordan Spieth and Justin Thomas are looking to invest in Leeds United after 49ers Enterprises agreed on a takeover of the English soccer club. Leeds owner Andrea Radrizzani agreed to sell his stake to the investment arm of the San Francisco 49ers NFL franchise after they were relegated from the Premier League. "There is the group that's moving forward with being involved with Leeds. Myself, JT and Jordan potentially will be a part of it," Fowler told Sky Sports. The trio are looking to follow former NFL player J.J. Watt and his wife, former U.S. soccer international Kealia Watt, who have invested in Burnley.
Persons: Rickie Fowler, Jordan Spieth, Justin Thomas, Andrea Radrizzani, JT, Jordan, Fowler, I've, J.J, Watt, Kealia Watt, Ryan Reynolds, Rob McElhenney, Pearl Josephine Nazare, Peter Rutherford Organizations: Leeds United, 49ers Enterprises, Leeds, San Francisco 49ers NFL, Premier League, Sky Sports, Burnley, Wrexham, English Football League, Thomson Locations: States, U.S, Bengaluru
[1/2] The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, September 30, 2015. Glencore will invest $100 million in ACG equity. Stellantis and mining investment fund La Mancha Resource Capital will each provide an equity investment of the same amount, while PowerCo will make a $100 million nickel prepayment. During the process, ACG will become ACG Electric Metals and issue new shares, making Glencore, Stellantis and La Mancha owners of 51% and leaving 49% for free float, Artem Volynets, ACG chief executive, told Reuters. The deal "will establish ACG Electric Metals as a premier supplier of critical metals into the western EV value chain," Volynets said.
Persons: Arnd, ACG, Mick Davis, PowerCo, Artem Volynets, Appian, Sibanye, Volynets, En, Rusal, Polina Devitt, Clara Denina, Kirsten Donovan, Jason Neely Organizations: REUTERS, Chrysler, Company, Santa, Appian, Chartered, Citigroup, Blue Resources, Metals Acquisition Corp, Glencore, La, La Mancha Resource, Metals, Reuters, South Africa's, Hong, Thomson Locations: Baar, Switzerland, Brazil, London, New York, Western Europe, North America, La Mancha, Stillwater, Santa Rita, Hong Kong
When he was growing up among the Doukhobors, a pacifist religious group that emigrated to Canada from Tsarist Russia, J.J. Verigin would sometimes arrive home from school to find naked elderly women trying to burn down his family’s house. One attempt, in 1969, succeeded, lamented Mr. Verigin, 67, who recently recounted the episode. A blaze destroyed precious family artifacts, including correspondence between his great-great-grandfather, a prominent Doukhobor leader, and the Russian writer Leo Tolstoy, an early admirer of the Doukhobors’ pacifism and Christian morality. The elderly women, Mr. Verigin explained, were part of a small and radical splinter group within the Doukhobors who periodically stripped naked and lit buildings on fire to protest land ownership and what they viewed as excessive materialism. Some among those charged with arson had another motive, he said: getting deported to Mother Russia.
Persons: Verigin, Leo Tolstoy, Russia Locations: Canada, Tsarist Russia, Russian
JOHANNESBURG, May 30 (Reuters) - South Africa's Standard Bank Group (SBKJ.J) funded renewable energy projects worth 55 billion rand ($2.79 billion) in 2022, exceeding its green financing target and putting it ahead of the world's top lenders, it said on Tuesday. Africa's biggest lender by assets earmarked 40 billion rand for sustainable projects last year, Kenny Fihla, its chief executive for Corporate and Investment Banking, said in slides prepared for journalists. However, in October he pegged that target at 50 billion rand. Standard Bank has been regularly criticised by environmental advocates and activist investors for funding climate-polluting hydrocarbon assets on the continent. "Our financing of renewable energy is 439% greater than our financing of non-renewable energy," Filha said, adding this achievement was significant when compared with the world's largest financiers.
Persons: Kenny Fihla, TotalEnergies, Filha, Anait Miridzhanian, Promit Mukherjee, Emelia Organizations: Standard Bank, Corporate, Investment Banking, Bank, Oil Pipeline, Absa, Thomson Locations: JOHANNESBURG, Mozambique, South Africa
JOHANNESBURG, May 30 (Reuters) - The South African rand hit a record low on Tuesday on the back of a strengthening dollar and souring local investor sentiment that has seen massive capital outflows from the country. At 1518 GMT, the rand traded at 19.690 against the dollar , about 0.09% weaker than its previous close. Greg Davies, head of wealth at asset manager Cratos Capital, said South Africa was now a less desirable investment destination for international investors due to the local power crisis. "We've had poor results coming from Tiger Brands and Pepkor; two companies closely followed by foreigners," said Casparus Treurnicht, analyst and portfolio manager at Gryphon Asset Management. Tiger Brands shares crashed by more than 16%, while major retailer Pepkor (PPHJ.J) lost over a tenth of its market value.
Persons: Warren Venketas, Greg Davies, We've, Casparus Treurnicht, Alexander Winning, Tannur Anders, Rachel Savage, Sonia Cheema, Alison Williams Organizations: greenback, Cratos, Johannesburg Stock Exchange, Tiger Brands, Gryphon Asset Management, Thomson Locations: JOHANNESBURG, South Africa, Johannesburg
Telco tycoons’ UK bets look stuck underwater
  + stars: | 2023-05-25 | by ( Pamela Barbaglia | ) www.reuters.com   time to read: +5 min
Set those complications aside, however, and his stake-building may have cost about 4.2 billion pounds overall since 2021. That’s according to Breakingviews calculations which use the share price from the day before each stake increase became public. The holding is now worth 3.6 billion pounds, implying a nearly 560 million pound or 13% loss. That’s mild compared with some of Vodafone’s investors. But UK consolidation would hardly move the needle as Vodafone is haggling to retain control of the merged entity.
Those who are into Lego Star Wars are among the most popular. It was at an informal contest where Louis met Victor, a fellow Lego Star Wars fanatic. Soon they ranked among the most popular Lego Star Wars YouTubers in France, known for the size and scope of their MOCs. The two friends no longer fit with that satisfying click that comes from snapping together two Lego bricks. Though it must have taken a truck to haul away all of Louis' Lego, no neighbor reported seeing anything suspicious.
Raymond J. Johnson Jr. was a wiseguy, dressed in a zoot suit and a wide-brimmed fedora and waving a cigar in his right hand. “Ohhhh, you doesn’t have to call me Johnson,” he would say. Jr.“But you doesn’t have to call me Johnson.”And you can call his creator Bill Saluga. Mr. Saluga also played Johnson on various television series; on a disco record (“Dancin’ Johnson”); and, most memorably, in commercials for Anheuser-Busch’s Natural Light beer. In 1979, at the peak of Mr. Saluga’s fame as a comedic one-hit wonder, Tom Shales of The Washington Post wrote that “now everybody and his brother are doing Saluga impressions throughout this very impressionable land of ours.”
Vodacom reports 6.4% drop in full-year profit
  + stars: | 2023-05-15 | by ( ) www.reuters.com   time to read: +1 min
JOHANNESBURG, May 15 (Reuters) - African telecoms major and South Africa's biggest mobile carrier Vodacom Group (VODJ.J) reported a 6.4% drop in full-year profit due to a local power crisis and other operational activities. Its headline earnings per share, a profit measure used in South Africa, came in at 948 South African cents for the year ended on March 31, down from 1,013 cents posted a year ago. The company, owned by Britain's Vodafone (VOD.L), has been investing to become a pan-African player, a leading financial services firm and strengthen its data offering in South Africa. But those efforts were dampened as South Africa, its biggest market in the region, has been struggling with rolling blackouts for up to 10 hours a day, forcing telecom firms to run their towers and network on diesel-run generators. ($1 = 18.3161 rand)Reporting by Promit Mukherjee; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.
Alcaraz stunned by Hungarian qualifier Marozsan in Rome
  + stars: | 2023-05-15 | by ( ) www.reuters.com   time to read: +3 min
Alcaraz raced to a 4-1 lead but Marozsan hit back in superb style to reel off six points and hand the world number two only his second defeat on clay in 22 matches this season. "It's not easy to say something," Marozsan said immediately after the biggest win of his career. World number three Daniil Medvedev earned a hard-fought 3-6 6-1 6-3 win over Spain's Bernabe Zapata Miralles to reach the last 16 in Rome for the first time. In the women's draw, Elena Rybakina saw off Marketa Vondrousova 6-3 6-3 to reach her first claycourt WTA 1000 quarter-final, where she will face either top-ranked Iga Swiatek, the twice defending champion, or Croatia's Donna Vekic. Tsitsipas had taken the first set 6-3 against Sonego while Zverev leads 6-4 3-3 against Wolf.
Shares of Tempur Sealy, which said the deal was expected to be closed in the second half of 2024, were down 3% in premarket trading. Lexington, Kentucky-based Tempur Sealy will pay around $2.7 billion in cash and $1.3 billion in Tempur stock issued to Mattress Firm shareholders, the companies said. After deal closure, Mattress Firm would operate as a separate business unit within Tempur Sealy. Tempur Sealy expects the deal to add to adjusted per-share earnings before synergies in the first year post-close. Tempur Sealy, which separately reported first-quarter sales in line with Wall Street estimates, said it would also expand its board and appoint two Mattress Firm directors once the deal closes.
Joe Kapp, the rugged quarterback who spent eight seasons in the Canadian Football League before making it to the N.F.L. with the 1967 Minnesota Vikings, then took them to Super Bowl IV in January 1970, died on Monday in San Jose, Calif. His son, J.J. Kapp, said the death, at an assisted living facility, was caused by complications of dementia. In the N.F.L., he gained a reputation for resilience in the face of injury. “I’ve played with cracked ribs and a punctured lung and a torn knee and separated shoulder and a half-dozen other injuries,” he wrote in a first-person article.
Her first objective was to get her community, Black tech Twitter, onto Bluesky. Once Black Twitter users started moving to Bluesky, Aveta said, others wanted to follow. Some signs indicate a slowdown among Black Twitter users that predates Elon Musk's purchase of Twitter last year. Aveta said she prioritized moving the Black tech community to Bluesky first to combine social appeal with technical knowledge. Pariss Chandler, the organizer of Black Tech Twitter and the founder of the recruitment platform Black Tech Pipeline, said diversity, equity and inclusion should be considered early in a platform's launch.
JOHANNESBURG, May 8 (Reuters) - South African commercial property group Redefine (RDFJ.J) reported on Monday that its half-year distributable income fell 9.2% and declared an interim divided of 20.32 cents, down 14.2% from the previous period. The group said its distributable income per share - the primary measure of underlying financial performance in the listed property sector - fell to 23.91 cents in the six months ended Feb. 28, from 26.33 cents a year earlier. But revenue was capped by negative rental reversions - when a tenant pays a lower rental on a lease than they did before - and disposals. The company said it expects full-year 2023 distributable income per share of between 48 cents per share and 52 cents per share. ($1 = 18.3833 rand)Reporting by Tannur Anders Editing by Nqobile DludlaOur Standards: The Thomson Reuters Trust Principles.
[1/5] A dress featuring actor Carrie Fisher as Star Wars character Princess Leia, is worn by her daughter Billie Lourd as she attends the posthumous unveiling of the star of Carrie Fisher, on the Hollywood Walk of Fame in Los Angeles, California, U.S., May 4, 2023. REUTERS/Mario AnzuoniLOS ANGELES, May 4 (Reuters) - May the 4th, the annual unofficial "Star Wars" day, was bittersweet for fans in Hollywood as Princess Leia actress Carrie Fisher, who died at age 60 in 2016, received a posthumous star on the Walk of Fame on Thursday. Along with a large group of fans, "Star Wars" droids R2-D2 and C-3PO and a pair of Stormtroopers came to the ceremony, as did actor Mark Hamill, director J.J. Abrams and Lucasfilm President Kathleen Kennedy. "My mom is a double whammy, a Pez dispenser and has a star on the Hollywood Walk of Fame. Watching her mother in "Star Wars" as Princess Leia changed Lourd's perception of her.
CNN —Give Pete Davidson a bit of credit for making himself the least interesting part of a series about being Pete Davidson. Having already played a version of himself in the Peacock movie “The King of Staten Island,” Davidson certainly doesn’t seem overly concerned about stretching his acting chops. Davidson is introduced Google-ing himself, chafing at living in the public eye while residing (uncomfortably at times, as an early sequence demonstrates) with his mom. “Bupkis” is at times very funny, but when it comes to getting to know more about Pete Davidson, the show’s admirable qualities are more in spite of that than because of it. “Bupkis” premieres May 4 on Peacock.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEx-NFL star J.J. Watt announces investment in Premiere League football clubFive-time NFL Pro-Bowler J.J. Watt joins 'Squawk on the Street' to discuss his minority stake investment in Burnley Football Club, which is set to compete in English Premier League next season.
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