President Joko Widodo’s ambitious plan to move Indonesia’s capital from Jakarta to East Kalimantan is facing challenges. The estimated cost of $33 billion is causing concern among lawmakers and citizens. Environmentalists are also worried about the impact on the biodiversity of the region.
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Puma’s new boss takes helm trailing Adidas and a recovering Nike
Puma's leadership has aimed to elevate the brand's image for over two years, focusing on making its sneakers and apparel more aspirational. However, new CEO Arthur Hoeld has indicated that the brand is now perceived as cheap, suggesting a disconnect between the company's goals and public perception. Want More Context? 🔎
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