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Oil Holds Two-Day Advance Ahead of High-Stakes OPEC+ Meeting
Oil Holds Two-Day Advance Ahead of High-Stakes OPEC+ Meeting
Oil steadied after a two-day advance as traders count down to a key meeting that will see OPEC+
2023-11-30 09:47
MSCI kicks two Adani cos from indexes; no changes to Egypt stocks, others
MSCI kicks two Adani cos from indexes; no changes to Egypt stocks, others
NEW YORK (Reuters) -Index provider MSCI said on Thursday two Adani-group companies will not be eligible for its global indexes,
2023-05-12 06:15
China's securities watchdog asks Alibaba's Cainiao to submit more info for HK listing
China's securities watchdog asks Alibaba's Cainiao to submit more info for HK listing
SHANGHAI China's securities watchdog has asked Cainiao, the logistics arm of Alibaba Group, to submit additional information about
2023-11-14 13:58
Biden will highlight solar deal in South Carolina to show his economic agenda helps red states
Biden will highlight solar deal in South Carolina to show his economic agenda helps red states
President Joe Biden is heading to South Carolina to make the case that his economic agenda is helping keep even red states humming
2023-07-06 23:19
The Nordstrom Anniversary Sale Best Sellers, Sellouts, & Next-Best Deals
The Nordstrom Anniversary Sale Best Sellers, Sellouts, & Next-Best Deals
The Nordstrom Anniversary Sale is days away, and deals are already going fast for Nordstrom cardholders — and if you're a total planner without a card, you can add your on-sale faves to your wishlist until the sale is available to everyone on July 17. It's time to get your stylish ducks in a row before the sale ends August 7 — but don't panic, we've got you covered. After examining anonymous top-bought data from R29's sale coverage along with hot tips from Nordstrom on what's selling the fastest, we whittled together a hit list of best sellers, sellouts (but maybe not for long!), and next-best deals.
2023-07-15 04:57
Keystone Pipeline Restarts at Half Capacity of 300,000 Barrels a Day
Keystone Pipeline Restarts at Half Capacity of 300,000 Barrels a Day
The Keystone crude pipeline, a vital artery transporting Canadian oil to markets in the US and overseas, is
2023-10-05 03:45
Netflix tumbles as revenue hit overshadows subscriber jump
Netflix tumbles as revenue hit overshadows subscriber jump
Netflix tumbled 7% in premarket trading on Thursday after its quarterly revenue and forecast fell short of estimates,
2023-07-20 17:18
Evergrande Said to Have Proposed New Debt Plan, Reuters Says
Evergrande Said to Have Proposed New Debt Plan, Reuters Says
China Evergrande Group has proposed a new debt restructuring plan for offshore bondholders, Reuters reported, citing two people
2023-11-01 15:23
ECB’s Muller Sees ‘Strong’ Case to Quicken Balance-Sheet Rolloff
ECB’s Muller Sees ‘Strong’ Case to Quicken Balance-Sheet Rolloff
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The European
2023-09-17 00:25
Sri Lanka Cuts Rate First Time in 3 Years as Inflation Cools
Sri Lanka Cuts Rate First Time in 3 Years as Inflation Cools
Sri Lanka unexpectedly cut its benchmark rate for the first time in nearly three years with the central
2023-06-01 11:19
Jake Paul gambling advert banned by watchdog as YouTuber has 'strong appeal to under-18s'
Jake Paul gambling advert banned by watchdog as YouTuber has 'strong appeal to under-18s'
Jake Paul is arguably one of the most well-known influencers in the world right now, but unfortunately for gambling firm Ladbrokes, the YouTuber-turned-boxer’s widespread appeal has landed them in a bit of trouble with the UK’s Advertising Standards Authority (ASA). The independent advertising watchdog, which regulates the advertising industry, enforces rules drawn up by the Committee of Advertising Practice (CAP), which has some pretty strict rules when it comes to gambling ads. In addition to requiring said adverts to be “socially responsible” and “protect children … from being harmed or exploited”, the CAP’s code states marketing communications must not be “likely to be of strong appeal to children or young persons, especially by reflecting or being associated with youth culture”. “They must not include a person or character whose example is likely to be followed by those aged under 18 years or who has a strong appeal to those aged under 18,” it reads. After Ladbrokes shared a promoted tweet in February featuring Paul – following his defeat to Tommy Fury – in which Twitter users were encouraged to vote on “what’s next for Jake Paul”, a single complaint was made to the ASA as to whether it may be in breach of the Code. Responding to the ASA’s enquiries, the betting company noted the advert contained no calls to action, promotions or links back to its website – and was “age-gated” so only users who had confirmed their age as being over 18 could see it. Sign up to our free Indy100 weekly newsletter The ad was specifically targeted at users aged 25 and over, receiving close to 16,500 impressions with just over 47 per cent of these being from individuals aged between 20 and 29 years. Ladbrokes also cited demographics for Paul’s following across several social media platforms, showing that the percentage of users aged between 13 and 17 years old was below 20 per cent on Instagram, YouTube and TikTok. On Twitter, zero per cent of his followers were reportedly registered as being under 18. The company also directed ASA to the watchdog’s own guidance on “protecting under-18s” from advertising about gambling and lotteries, in which it states “sports like … boxing … are more adult-oriented and unlikely to be of inherent ‘strong’ appeal” to children and young people. Zing. However, in a decision which saw the regulator uphold the complaint against Ladbrokes, the ASA ruled there was still a responsibility to comply with the rule about not appealing to under-18s because the advert “appeared in a medium where under-18s could not be entirely excluded from the audience”. It continued: “CAP guidance stated that sportspeople involved in clearly adult-oriented sports who were ‘notable’ stars with significant social media and general profiles which made them well-known to under-18s were considered moderate risk in terms of how likely they were to be of strong appeal to under-18s. “We also considered that Jake Paul would primarily be known for making YouTube videos and that he had a large social media following. We acknowledged that he had within the last few years turned to boxing. “However, because of his career on YouTube, we considered that he had a high profile within the sport and was well known outside of the sport and social media.” Although they noted Paul had no followers aged under 18 on Twitter, where the ad was located, the ASA concluded the content creator was still of “inherent strong appeal” to under-18s because “such large numbers” of his followers were in that demographic. They also mentioned Paul’s appearance on the Disney Channel series Bizaardvark between 2016 and 2018 about two teenagers, with the target audience for the show likely to be “around the same age”. As such, they found Paul still had a “strong appeal” to under-18s and that Ladbroke’s advert was “irresponsible”. Not the first time Paul and “irresponsible” have appeared in the same sentence, to be honest… Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-05 07:17
Puerto Rico board submits third plan in attempt to restructure power company debt of $10 billion
Puerto Rico board submits third plan in attempt to restructure power company debt of $10 billion
Lawyers have filed a new plan for restructuring $10 billion in debt owed by Puerto Rico’s power company in the latest attempt to end a lengthy bankruptcy process marked by acrimonious negotiations
2023-08-26 18:49