The Daily Populous

Tuesday October 25th, 2022 evening edition

image for Adidas ends Kanye West partnership over antisemitism, hate speech

Summary Companies Adidas ends partnership immediately.

Oct 25 (Reuters) - Adidas AG (ADSGn.DE) is immediately terminating its partnership with Kanye West, the sporting goods maker said on Tuesday, reacting to a rash of offensive behaviour from the American rapper and designer.

The decision comes after Adidas put the tie-up, which has produced several hot-selling Yeezy branded sneakers, under review earlier this month following its efforts to privately resolve the issue.

"Adidas does not tolerate antisemitism and any other sort of hate speech," the German company said.

[1/3] Singer Kanye West walks past models after presenting his Fall/Winter 2015 partnership line with Adidas at New York Fashion Week February 12, 2015.

The group said it would provide more information as part of its upcoming Q3 earnings announcement on Nov. 9.

Reporting by Mrinmay Dey, Uday Sampath and Aishwarya Venugopal in Bengaluru; Editing by Tomasz Janowski, Sriraj Kalluvila, Bernadette Baum and Anil D'Silva. »

Marco Rubio Canvasser, a Notorious White Supremacist, Was Beaten in Miami Area

Authored by

If you follow Marco Rubio or basically any prominent Republican on Twitter, you probably saw a story the Florida senator tweeted Monday morning about one of his canvassers being beaten by four men who “told him Republicans weren’t allowed in their neighborhood.”

I immediately smelled a rat, especially considering that Hialeah, Florida—where the incident took place—is a Republican stronghold.

As the day goes on, it’s become increasingly clear that the story didn’t happen the way Rubio said it did. »

China's richest people lost about $13 billion in just one day due to a market sell-off after President Xi Jinping secured a third term

Authored by
image for

Their losses were due to a massive market sell-off over President Xi Jinping's third term in office.

Get the inside scoop on what traders are talking about — delivered daily to your inbox.

Tencent founder and CEO, Pony Ma, was the biggest loser in the market rout, as his net worth plunged by $2.5 billion to $24 billion, per Bloomberg. »