Adidas shareholders have reelected Chairman Thomas Rabe for another term, despite concerns from key investors over his multiple commitments and calls for leadership change.
During Adidas' annual general meeting, shareholders approved the reelection of Chairman Thomas Rabe, with 64.43% of votes in favor. The decision comes amid criticism from several top investors, who have expressed concerns about Rabe's external commitments and emphasized the need for a clear succession plan. Despite the dissent, Rabe will continue to lead the board for another year as the company navigates its strategic challenges.
The United States is preparing to ease sanctions on Syria in the coming weeks, following President Donald Trump's unexpected announcement to lift all restrictions targeting Damascus. This marks a significant shift in U.S. policy towards Syri
President Donald Trump on Thursday announced deals totaling over $200 billion between the United States and the United Arab Emirates, including a $14.5 billion commitment between Boeing BA.N, GE Aerospace GE.N and Etihad Airways, the White House said.
Ukraine and Russia have initiated their first direct peace talks in over three years in Istanbul. The absence of Presidents Zelenskyy and Putin casts uncertainty over the potential for significant progress.
President Ilham Aliyev has arrived in Albania to take part in a key European summit, underscoring Azerbaijan’s engagement in continental political dialogue.
Pakistan’s Prime Minister Shehbaz Sharif has expressed willingness to engage in peace talks with India, following the de-escalation of the most serious military standoff between the two countries in nearly 30 years.
The United States is preparing to ease sanctions on Syria in the coming weeks, following President Donald Trump's unexpected announcement to lift all restrictions targeting Damascus. This marks a significant shift in U.S. policy towards Syri
President Donald Trump on Thursday announced deals totaling over $200 billion between the United States and the United Arab Emirates, including a $14.5 billion commitment between Boeing BA.N, GE Aerospace GE.N and Etihad Airways, the White House said.
Ukraine and Russia have initiated their first direct peace talks in over three years in Istanbul. The absence of Presidents Zelenskyy and Putin casts uncertainty over the potential for significant progress.
Vice President JD Vance will represent the United States at the Vatican this Sunday for the inaugural mass of Pope Leo XIV, the newly elected leader of the Catholic Church.
British police have arrested U.S. singer Chris Brown in connection with an alleged assault at a London nightclub last year, ahead of his scheduled UK tour performances.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
EU approves 17th Russia sanctions, blacklisting almost 200 shadow‑fleet ships, 30 evasion firms and 75 defence figures, banning missile chemicals and arming Brussels to strike Kremlin hybrid and operations.
Japan is preparing for a new round of trade discussions with the U.S. as both sides try to resolve differences before higher tariffs on Japanese automobile exports take effect in July.
President Serdar Berdimuhamedov has authorized state corporations Turkmengaz and Turkmenneft to enter into agreements with PETRONAS Carigali Sdn. Bhd. (Malaysia) and ADNOC Turkmenistan RSC Limited (UAE), marking a significant step in enhancing country's energy sector
Microsoft has announced 6,000 job cuts, representing nearly 3% of its workforce, as part of a strategy to streamline operations and prioritize investments in artificial intelligence.
Burberry, the iconic British luxury brand, has announced global job cuts and revealed a better-than-expected profit as part of its turnaround strategy under CEO Joshua Schulman.
Nissan Motor announced major cost-cutting measures, including the elimination of 11,000 additional jobs and reduced production, as the automaker faces declining profits and tough market conditions.
The United States is preparing to ease sanctions on Syria in the coming weeks, following President Donald Trump's unexpected announcement to lift all restrictions targeting Damascus. This marks a significant shift in U.S. policy towards Syri
President Donald Trump on Thursday announced deals totaling over $200 billion between the United States and the United Arab Emirates, including a $14.5 billion commitment between Boeing BA.N, GE Aerospace GE.N and Etihad Airways, the White House said.
Ukraine and Russia have initiated their first direct peace talks in over three years in Istanbul. The absence of Presidents Zelenskyy and Putin casts uncertainty over the potential for significant progress.
Vice President JD Vance will represent the United States at the Vatican this Sunday for the inaugural mass of Pope Leo XIV, the newly elected leader of the Catholic Church.
British police have arrested U.S. singer Chris Brown in connection with an alleged assault at a London nightclub last year, ahead of his scheduled UK tour performances.
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