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Nike veteran Elliott Hill to replace John Donahoe as CEO, shares jump

20Sep

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World News

Nike veteran Elliott Hill to replace John Donahoe as CEO, shares jump

By Juveria Tabassum and Nicholas P Brown, Reuters Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO. Photo: AFP Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its leadership amid efforts to revive sales and battle rising competition. The company's shares rose 8 percent in after-hours trading. Hill was at Nike for 32 years and held senior leadership positions across Europe and North America where he helped expand the business to more than US$39 billion, the company said. He was previously Nike's president, consumer marketplace, leading all commercial and market operations for the Nike...

20Sep

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Business

Ads from Hell: How a pizza brand’s marketing reveals NZ’s shifting religious attitudes

By Dan Fastnedge and Melissa L Gould* of Controversial advertising holds a mirror up to society. It can unite us in laughter or outrage, spark debates that shape our beliefs - and sometimes expose our political differences. But where do lines of acceptability or offensiveness get drawn? Earlier this year the New Zealand Advertising Standards Authority (ASA) announced the percent7E:text=1.,our percent20pizza percent20for percent20meat percent20lovers. percentE2 percent80 percent9D most complained about ads ever. Categories ranged from political advocacy to household products. And the most complained about spot belonged to Hell Pizza's "Lust condom" mailers. The brand's "Hell Crossed Buns" billboard came in third. This is not surprising, given the brand is often in the hea...

Should we tip hospo staff in New Zealand?

20Sep

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Business

Should we tip hospo staff in New Zealand?

Photo: Unsplash An Auckland hospitality entrepreneur hopes to flip the New Zealand culture of 'no tipping' at bars and restaurants. Luke Dallow told Morning Report a struggling economy means many hospitality spots are employing fewer waiters, so diners are getting slack service. With the cost of goods and rents increasing, something needs to change, he said. "And what is controllable is wages. My concept would be to reduce the menu price on the menu, then that would get more consumers into the restaurants or bars. "Now to top this up you would tip, encourage tipping." He said it would mean minimum wage plus tips for wait staff, though Dallow's maths could be a bit off. "Minimum wage is $24 or I think it's roughly around that at the moment, and a waitress or waiter could easily make $10 i...

Healthy diet, physical activity key to combat rising obesity, diabetes: WHO

20Sep

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Health

Healthy diet, physical activity key to combat rising obesity, diabetes: WHO

The World Health Organization (WHO) on Wednesday called on countries to strengthen policies to promote healthy diets and physical activity to combat the rising levels of overweight, obesity, and noncommunicable diseases like diabetes and cancers -- a leading cause of death. “The burden of overweight, obesity, and associated metabolic disorders has been steadily rising, affecting both children and adults,” said Saima Wazed, Regional Director, WHO South-East Asia. She noted that these have spiked cases of “non-communicable diseases such as cardiovascular disease, diabetes, and cancer” and these are now “responsible for nearly two-thirds of all deaths in the Region”. Besides adults, about 50 lakh children under the age of five are overweight, and 373 lakh children between the ages of 5 to ...

The Sally Rooney divide: how she became the most talked about author of a generation

19Sep

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Life Style

The Sally Rooney divide: how she became the most talked about author of a generation

In April 2017, the annual Oxford Literary Festival hosted a panel discussion for first-time authors. One of the panelists was Paula Cocozza, a journalist at the Guardian, the other, a little-known 26-year-old author from Dublin by the name of Sally Rooney. The following month, Rooney’s first novel, Conversations with Friends, was set to be released, having been sold in a competitive seven-way auction the previous year. But despite the battle to gain the rights to her debut, this paper’s culture editor, who interviewed the pair at the event, recalls that only around ten people showed up. Half of whom were publishers. Source link

Aditya Roy Kapur`s `The Night Manager` nominated for 2024 International Emmys

19Sep

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Entertainment, Movies

Aditya Roy Kapur`s `The Night Manager` nominated for 2024 International Emmys

Nominations for the 2024 International Emmy Awards were announced today by the International Academy of Television Arts & Sciences. The Indian version of `The Night Manager` starring Aditya Roy Kapur, Sobhita Dhulipala, and Anil Kapoor has been nominated for Best Drama Series. It is the only nominee from India this year. International Academy President & CEO Bruce L. Paisner said in a statement, “Every year the international television community competes to be recognized on the International Emmys’ much-coveted global stage. We congratulate the Nominees for their outstanding programs and performances, they are once again a testament to the universal appeal of great storytelling across all genres, countries, and cultures.” The 52nd International Emmy Awards will take place in New...

Hazard mapping has ‘chilling effect’ on Nelson property market

19Sep

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Business

Hazard mapping has ‘chilling effect’ on Nelson property market

The Tāhunanui Slump is one area covered by the slope risk overlay and now insurers appear to be retreating from properties in the area. Photo: Supplied / Nelson City Council Proposed hazard maps for Nelson are allegedly preventing properties across the city from being insured. The claim has been put to the commissioners overseeing the hearing for the city council's controversial overhaul of its planning rules. The original maps the council put out for consultation included several areas shaded with flooding, inundation, fault hazard, and slope risk overlays. One Rocks Road resident, whose home falls within the slope risk overlay, said that her property has never failed to be insured until the council put out its map for consultation. "It has essentially rendered our property uninsura...

NZX chief executives: Why are there more Marks than women?

19Sep

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Business

NZX chief executives: Why are there more Marks than women?

Photo: 123RF There are more men named Mark than there are women chief executives of companies listed on the NZSX - despite one university professor saying young women are "significantly better" at business. A survey of the companies listed on the NZX shows that there are nine that have a chief executive named Mark - Mark Freeman at the Australian Foundation Investment Company, Mark Francis at Asset Plus, Mark Aue at Chorus, Mark Heine at Eroad, Mark Troughyear at Freightways, Mark Turnbull at Foley Wines, Mark Winter at My Food Bag, Mark Peterson at the NZX and Mark Malpass at Steel & Tube. There had been 10 - Mark Lucas was chief executive at beleaguered Cannasouth, until he resigned from the company in April. In comparison, there are six women across the board - Carrie Hurihanganui...

Hezbollah chief denounces Israeli attacks as warplane sonic booms rattle Beirut

19Sep

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World News

Hezbollah chief denounces Israeli attacks as warplane sonic booms rattle Beirut

By Laila Bassam and Maya Gebeily for Reuters The attacks "crossed all red lines", Hezbollah leader Hassan Nasrallah has said in his TV address. Photo: AMMAR AMMAR / AFP Deadly Israeli attacks that blew up Hezbollah radios and pagers crossed all red lines, the leader of the heavily armed Iran-backed Lebanese movement says, in a speech broadcast as sonic booms from Israeli warplanes shook buildings in Beirut. Lebanon and Hezbollah have blamed Israel for attacks on Hezbollah's communications equipment that killed 37 people and wounded around 3000, overwhelming Lebanese hospitals and wreaking bloody havoc on the militant group. Israel has not directly commented on the attacks, which security sources say were probably carried out by its Mossad spy agency, which has a long history of carry...

AMP invests $28m into BlackRock’s renewable power fund

19Sep

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Business

AMP invests $28m into BlackRock’s renewable power fund

Photo: 123RF AMP Wealth Management NZ says it is well on its way to driving growth in its Global Climate Fund, with an international investment in partnership with US-based investment company BlackRock. AMP has made an initial capital investment of $28 million into BlackRock's Global Renewable Power Fund IV, which was focused on Canadian-based solar energy operation Recurrent Energy and German commercial and industrial solar start-up Enviria. AMP general manager Aaron Klee said it was committed to investing about $75m in global private markets and was looking to double that amount and invest $150m in New Zealand-based renewable energy infrastructure by the end of the year. "Most retail customers aren't able to participate in private equity investments of this nature due to the high barri...