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Toyota pulls Olympics commercials

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Tokyo Olympics

A leading sponsor of the Tokyo Olympics is seeking to distance itself from the increasingly controversial event.

Toyota Motor Corp. has decided not to air any Olympics television commercials in Japan, despite being a top-tier sponsor.

The automaker had already prepared a television commercial, which features athletes who are taking part in the Games. But the ad won’t see the light of day.

The automaker has also confirmed its President won’t be attending this week’s opening ceremony.

Toyota says it will “fully support the athletes and contribute to the games by providing vehicles and through other means”.

A spokesperson for the automaker told Japan’s daily Yomiuri newspaper that “the Olympics is becoming an event that has not gained the public’s understanding”.

Taka Masaya, a spokesman for the Tokyo Olympics acknowledges that there is “a mixed public sentiment towards the games”.

“There must be a decision by each company in terms of how they should be able to convey their messages to the public audiences from a corporate perspective,” Masaya told a press conference on Monday.

Safe and secure?

Japan’s Prime Minister Yoshihide Suga has repeatedly promised that the Olympic Games will be a “safe and secure” event.

But with four days until the opening ceremony, a new poll shows two-thirds of people in Japan don’t believe him.

In a poll published by the Asahi newspaper, 68 per cent of respondents said they don’t believe the country can host a safe and secure games.

55 per cent of respondents also say they are opposed to the Games going ahead.

Tokyo was recently placed under its fourth state of emergency, and new cases in the host city have exceeded 1,000 for five consecutive days.

Two footballers from South Africa on the weekend became the first athletes to test positive for COVID-19 in the athletes village.

Organisers have so far reported 58 infections related to the Games.

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U.S. pushes Ukraine toward controversial peace plan with Russia

US pressures Ukraine to accept a peace plan risking territory loss amid ongoing conflict with Russia.

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US pressures Ukraine to accept a peace plan risking territory loss amid ongoing conflict with Russia.


The United States is pressuring Ukraine to accept a peace plan that would see the country surrender territory and military equipment as part of a negotiated settlement with Russia. The proposal has sparked concern within Kyiv over the potential loss of sovereignty and long-term security.

President Volodymyr Zelenskiy is in Turkey discussing this plan, which may also involve cuts to Ukraine’s armed forces. His visit comes as Washington intensifies efforts under the Trump administration to secure an end to the conflict, despite fears the terms could undermine Ukraine’s national interests.

As Russian forces continue their aggressive campaign, holding roughly 19% of Ukrainian territory, Zelenskiy is attempting to revive peace talks before winter further complicates the frontline. The stakes remain high as the geopolitical landscape shifts.

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#Ukraine #USPolitics #PeacePlan #Zelenskiy #Russia #Geopolitics #WarInUkraine #TickerNews


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Senate clears Epstein files release despite White House push

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

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Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.


The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.

Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.

Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.

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#EpsteinFiles #WhiteHouse #Trump #SenateVote #JusticeDepartment #USPolitics #Transparency #TickerNews


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Nvidia earnings shake tech stocks as ASX heads into Christmas

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

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Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.


Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.

Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.

With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.

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#NvidiaEarnings #TechStocks #StockMarket #ASX #GlobalMarkets #Investing #MarketUpdate #TickerNews


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