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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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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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