Japan’s Sony on Wednesday unveiled a prototype of the new “Afeela” electric vehicles it will build together with Honda, saying it would harness its vast entertainment content as it looks to become a player in next-generation cars. Sony gave a glimpse of the Afeela, which sports rounded corners and a sleek black roof, at the CES...
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Kaizer Chiefs to launch women’s football team in 2023 says Jessica Motaung
The South African football powerhouse Kaizer Chiefs football team is on the verge of launching a fully-fledged women’s team. As the saying goes, rather be late for the party than not show up. Jessica Motaung, Kaizer Chiefs Marketing and Commercial Director in her open letter to the club’s fans mentioned that the club will launch...
World Bank is looking for more funds to address climate change and other environmental challenges
The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of April meetings on proposals that include a capital increase and new lending tools, according to an “evolution roadmap” seen by Reuters on Monday. The roadmap document – sent to...
Adidas is stuck with Yeezy stock worth about $530 million after cutting ties with Kanye West
Adidas is stuck with Yeezy sneakers worth more €500 million ($530 million) after it cut ties with Kanye West, the Financial Times reported. The German sportswear giant is now trying to sell the items under its own brand to minimize potential losses, according to the report. Yeezy accounted for about 7% of Adidas sales this year to...