Latest news with #Moro
Hypebeast
19-05-2025
- Lifestyle
- Hypebeast
Lightweight Beach Towels and Breezy Sarongs Highlight Tekla's Summer Drop
Summary ForSummer 2025,Teklaunveils a thoughtfully curated collection of relaxed and versatile pieces, designed to embody the carefree essence of the season. Building upon itsSpring 2025 lineupof cozy sleepwear and premium beddings, the brand introduces a summer-ready range featuring loungewear, beach towels and accessories. Each piece is crafted to seamlessly transition from home comfort to sunlit destinations, whether on sandy shores or bustling city streets. The latest beach towel offering from Tekla introduces a lightweight quality, designed for enhanced practicality and ease of use. Available in seven new colorways and four striped designs – Cala, Moro, Palma, and Almond -these modern takes on classic sailor stripes bring a refreshing aesthetic to summer essentials. Additionally, a hammam-style towel enters the collection, featuring subtle border details and offered in Pistachio, Azul, and Clay hues. Prioritizing convenience, each towel is accompanied by a functional organic cotton canvas bag, allowing for effortless transport. Expanding its beachwear repertoire, Tekla introduces sarongs crafted from lightweight 150 GSM cotton for a breezy, adaptable feel. Offered in Villa Stripes, Lila and Leche, these pieces feature fringed edges and a woven logo detail. Complementing the new additions, utilitarian beach bags return with an updated selection of colors. Previously available in Ivory, Black Sand, and Port, the collection now expands to include Camel and Olive colorways. For elevated leisurewear, a refined selection of poplin loungewear pieces is offered. The oversized poplin shirts, detailed with curved hems, cuffed sleeves and structured collars, are introduced in Rosa Stripes, Orchid Stripes, and Cornflower Blue. While the trousers come in a modernized wide fit with grosgrain side stripe accents, is available in Cornflower Blue and All Black. Additional offerings include poplin shorts in Orchid Stripes and boxer shorts in Rosa Stripes. The collection is further complemented by bucket hats crafted from heavyweight organic cotton canvas. Tank tops also make their debut in Tekla's core collection, designed with soft organic cotton in a ribbed knit, providing a breathable and adaptable midweight option for year-round wear. The collection is accompanied by a campaign shot byGillian Garcia. The visuals capture moments of youthful independence and nostalgia through a road trip-themed narrative, reminiscent of cherished family albums. Tekla's Summer 2025 collection is mostly available to shop now through the brand'swebsiteand offline stores. Meanwhile, the boxer shorts and tank tops will be released on July 1.
Auto Blog
13-05-2025
- Automotive
- Auto Blog
U.S. Tariffs Create a Dramatic Shift in Mazda's Strategy
The Japanese automaker is bracing for a huge sales drop in its most important region. Japanese automaker Mazda is withholding its earnings forecast for its current fiscal year According to Automotive News, Mazda CEO Masahiro Moro stated during a May 12 presentation on the fiscal year ending March 31 that the automaker requires more time to assess how tariffs might affect its operations. 'We will work toward maintaining global sales volume at levels close to the previous year to the greatest extent possible,' Moro said. 'Regarding the outlook for the current fiscal year, considering the uncertain business environment, including U.S. tariff policies, we are not yet in a position to provide a forecast.' 0:07 / 0:09 Tesla sales in Europe drop yet again Watch More 2025 Mazda CX-50 — Source: Mazda Mazda plans to offset tariffs and U.S. sales impact by focusing on other key markets Sales in North America, Mazda's biggest market, jumped by a substantial 24 percent to a record 617,000 vehicles during the fiscal year that ended on March 31, driven by all-time-high deliveries in both Mexico and the U.S. In 2024, Mazda's U.S. sales grew by 17% to a record 424,382 vehicles, the best sales year for the brand since 1986. As recently as February, Mazda executives predicted that it would have another year of record U.S. sales, leaning on the success of a redesigned CX-5 to help it move 450,000 vehicles in 2025. However, Mazda CFO Jeffrey Guyton now predicts that U.S. demand will fall due to tariff-induced price increases. Mazda's CEO claimed that tariffs cost the company ¥9 billion to ¥10 billion (~$60.1 million to $66.8 million) in April alone, however, the company intends to combat by pushing Mazdas in other key regions like its native Japan, Southeast Asia, and China, as well as aggressive cost-cutting. 'We can imagine there will be some risk to our U.S. sales in the coming year,' Guyton said. 'And our intention is to find sales opportunities among all the other countries.' Mazda imports a lot of cars One caveat behind the numbers is that Mazda heavily relies on vehicle imports on a larger scale than contemporaries like Toyota, Honda, and even Nissan. In 2024, Mazda imported 235,738 vehicles from Japan to the U.S., including models like the CX-5 crossover and the CX-70 and CX-90 SUVs, which make up roughly 55% of its U.S. sales. In addition, Mazda also imports the compact Mazda3 and the CX-30 crossover from its plant in Mexico, which are compliant with the United States-Mexico-Canada Agreement. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Mazda Toyota Manufacturing, U.S.A., the automaker's only stateside factory, is a jointly operated site in Alabama where Mazda makes the CX-50 and Toyota makes the Corolla Cross on different assembly lines. Although the CX-50 is made there, Guyton says it will have to pay tariffs on imported parts used in its assembly, which will range from $2,000 to $4,000 per vehicle. More low-priced cars, fewer incentives Mazda CFO Guyton noted that the automaker will try to push more vehicles that move quicker from dealership lots instead of costlier vehicles that have higher margins. 'In service of keeping production maximized, we need to make sure that we're focused on fast-turn product,' Guyton said. 'That doesn't mean purely entry grade. But higher value and more core models are what we're looking at.' In addition, Mazda will try to curb its incentive spending as car prices increase. Over its past fiscal year, Mazda says that incentives took away over 124.9 billion yen (about $833.9 million) from its operating profits. According to data from Motor Intelligence, Mazda's incentives averaged $3,224 per vehicle from January-March 2025, a 36% year-over-year increase. Mazda3 Overall, Mazda saw a 26% dip in operating profit and a decline in its operating margin from 5.2% the year before to 3.7%. Mazda CEO Moro said that the company expects to give an earnings outlook when it announces its fiscal first-quarter results, which typically happen in August. However, as political leaders from Tokyo and Washington, D.C. negotiate some amendments to the tariffs, Moro maintains that clear guidance won't come unless something gets ironed out between the respective trade representatives. 'At the moment, the Japanese government is still negotiating with the U.S. government. So, I don't think we should provide guidance based on an uncertain outlook or an uncertain premise,' Moro said. 'As the situation is highly volatile, we cannot come up with an estimate at this moment in a rational manner, and so our guidance is undecided.' Final thoughts Mazda's withdrawal of its outlook guidance is the latest in a line that includes big names like its former Dearborn parent, Ford, and German luxury automaker Mercedes-Benz. Though Moro stated that it's unable to get clear guidance until the U.S. and Japan work out a trade deal, such a deal is unlikely to come very quickly. According to a May 11 Bloomberg report, Japanese Prime Minister Shigeru Ishiba will not accept any trade deal that excludes an accord on auto imports. Japanese media outlet NHK also reported that the Japanese government proposed expanding auto-related investment in the US as part of its concessions. However, they predict that any agreement will likely be reached in early July, around the time Japan announces a national election.
Times
07-05-2025
- Entertainment
- Times
Six best lemon recipes from Sardinia
'T he first lemon I fell in love with was made of plastic and lived on the top shelf of my grandmother's refrigerator,' Letitia Clark recalls. 'It came out on special occasions or, more precisely, for prawn cocktails and pancakes.' Now that she lives in Sardinia, the chef, who trained with Skye Gyngell at Spring and Sam and Sam Clark at Moro, reaches for her favourite citrus fruit in all her cooking, whether to brighten an otherwise dull plate of food or to add a summery fragrance to a pudding. 'Even now after seven years in Italy, I still delight at the sight of a lemon — more so a lemon with leaves,' she says. Letitia Clark with her husband, Lorenzo, and their son CHARLOTTE BLAND Her latest book, For the Love of Lemons, is full
Gulf News
03-05-2025
- Business
- Gulf News
Philippines: Asia's fast-rising manufacturing hotspot
There are things that are built in the Philippines that might surprise you Last updated: Manila: When people think of the workforce here, they often think of healthcare or the business process outsourcing (BPO) industry. Those are absolutely true. But not the whole story. The Philippines has contributed so much to the healthcare industry, not only domestically but globally. There are nurses, doctors, caregivers, and others helping all over the world. BPO It's the same with the business process outsourcing (BPO) industry. The Philippines is number one in this field, generating up to $40 billion a year. One reason: For such a 'small' Pacific archipelago (7,641 islands), the Philippines produces tens of thousands of university graduates who speak good English, and a critical mass of engineers (about 50,000 per year. For the uninitiated, a BPO is essentially when a company outsources human services to different parts of the world. That's why if you pick up the phone and talk to customer service, especially for US/European customers, it's often someone based in the Philippines. Beyond call centres, there are a lot of industries tied to BPOs. For example, companies involved in software development, Hollywood (think cartoons/ animation), digital marketing, and healthcare services, all from the Philippines. Scratch the surface A closer look into what the Philippines does beyond human services reveals the rise of manufacturing physical products. Most people, when they think of manufacturing, think of China. The mainland, of course, is the global leader, though places like India and Vietnam are catching up. But the Philippines? You hear about overseas Filipino workers (migration), corruption, sclerotic bureaucracy, communist rebellion, Moro separatism, and travellers getting hustled at airports. Certain realities here, and everywhere else, going back to the time of Creation. Most people don't immediately think 'manufacturing hub'. The reality on the ground shows a slightly different picture today. Policy is getting tweaked. Some examples: constituting 'green lanes' for strategic investments (EO 18, signed February 2023), streamlining the permitting process for internet infrastructure construction (EO 32, July 2023); and streamlining the permitting process for infrastructure 'flagship' projects (EO 59, April 2024). These are drawing tens of billions in foreign investments. Tech manufacturing In terms of land area, while miniscule compared to the vast Pacific, the Philippines is not physically small in a geodetic sense (the island of Luzon alone is more than twice the size of the Netherlands). So while pockets of terror still exist in some areas, causing occasional disruptions (and big media coverage), industrial projects do happen, though they get little press. Manufacturing is not only possible in the Philippines — there's actually a lot. Let's start with tech: Did you know that some important parts of your smartphones — even your iPhone — are made in the Philippines? Local staff in these chipmakers are made to sign non-disclosure agreements (NDA), restricting them from sharing anything with anyone, including relatives. Major companies here produce semiconductors, sensors, circuits, and microcontrollers. For example, big brands like Samsung, Sony, and Panasonic have production facilities making televisions, audio systems, and other home-related products right here. Sharp also produces LED screens in the Philippines. And it's not just consumer tech. Solar panels, diagnostic medical equipment, headphones, earbuds, and computer peripherals like keyboards, printers (EPSON, Brother) and mice are all manufactured here too. Canon manufactures products in a 30-hectare facility in Batangas, south of Manila. Autos, aviation Toyota Philippines manufactures a variety of components used worldwide — including transmission assemblies. Ford is making wire harnesses in Laguna, south of Manila, which are then exported to its factories around the world. In aerospace, companies like Boeing and Airbus manufacture parts of aircraft interiors and even critical flight control systems like actuators here. The Philippines is a key aircraft repair and maintenance hub in Asia, too. The Asian nation also has a hugely under-explored oil and gas deposits, besides being blessed with "critical" minerals, like copper, manganese, and nickel. Massive container ships, bulk carriers and tankers are built here. This, while Filipinos also dominate the global maritime workforce, manning cruise ships, cargo vessels, and logistics ships around the world. Toys, fashion Toys are another big export. From detailed collectible figurines to teddy bears, the Philippines manufactures many toys — including some of the highest-quality ones. It's not all made in China! Fashion and crafts also play a role. Take designer bags, for instance. Many Coach purses are made in the Philippines, particularly in Pampanga where one factory employs over 11,000 Filipinos. If you have a Coach bag at home, check — it might say 'Made in the Philippines'. Furniture is another booming industry, from design to assembly and export. And let's not forget guitars — Cebu is famous for producing world-class guitars through companies like Allegra. Computer chips Go up to the mountain resort city of Baguio (about 3 hours north of Manila), known as country's cultural and vegetable trading capital. Baguio is a fast-rising hub for BPOs – and chips. Texas Instruments (TI) has invested billions of dollars to manufacture and test semiconductors, digital light processing (DLP) technology and edtech products in its Baguio facility. Besides TI, Pythos Technology, Enplas Semiconductor, and others have facilities up in the Philippines' Mountain Province. There are chipmaking facilities rising up in Clark, a hub about 90km north of Manila (soon to be connected by a commuter rail). Not being in the news, or having NDA gags, does not mean nothing's happening. Behinds the scenes The Philippines is doing a lot behind the scenes — manufacturing products that people around the world use daily without realising their origin. Things are moving in the right direction, though not as fast as today's young digital-native generation would want to see. It's not quite where it needs to be. Infrastructure, or the lack of it, remains a sore issue. And the way roads, bridges and ports are built here is grossly inefficient (an estimated 20% of national budget, about ₱1.6 trillion a year, goes to kickbacks). There's very little trace of the money trail, so no official has been jailed for sub-par projects. The court system grinds ever so slowly. But all is not lost. The so-called 'free zones' here belong to a different dimension, moving at a faster velocity. Private-public partnerships (PPPs), with rules now updated, have drawn $106 billion (ongoing and approved projects) up until March 2025, mostly going into transport and renewable energy (wind, solar, hydro and batteries) sectors. A huge jump in green power generation and smoother travel for all are expected. In 2024, the Philippine Export Processing Zone Authority (PEZA) announced approved investments hit about $4 billion (₱214.176 billion) — a 21.89% spike from 2023, with more in the pipeline.
IOL News
22-04-2025
- Entertainment
- IOL News
‘Narrating History': Acclaimed spanish author Javier Moro to visit Cape Town for literary dialogue
Renowned Spanish author Javier Moro is set to visit Cape Town for a literary and cultural event that promises deep insights into historical storytelling and global ties. The public event, hosted by the Consulate General of Spain and the University of Cape Town's School of Languages and Literatures, will take place at the Desmond and Leah Tutu Legacy Foundation on April 23 at 4pm. Moro, a celebrated novelist best known for blending narrative and history, will engage attendees in a conversation about his life's work, the literary process, and his profound connection to South Africa. "Narrating history is a way of understanding the present,' Moro is expected to tell his audience as he revisits his extensive career and his ties to the country. A highlight of his connection to South Africa is his role in researching "A Rainbow in the Night: The Tumultuous Birth of South Africa", authored by his late uncle, Dominique Lapierre. "His deep engagement with South African history during this research established lasting ties with the nation, making this visit particularly meaningful," said the Consulate General of Spain. Moro is also the author of several acclaimed works including The Red Sari (2013), Passion India (2005), Mi Pecado (2018), and Nos Quieren Muertos (2023). His literary themes often focus on history and culture, particularly India, earning him a global readership. Spanish Language Day, which falls on the same date as the Cape Town event, honours the legacy of Miguel de Cervantes and celebrates the global influence of Spanish literature. Moro's visit forms part of this celebration and will continue the next day with a second engagement at Stellenbosch University's Neelsie Cinema on April 24 at 5.30pm, hosted in partnership with the university's Department of Modern Foreign Languages. Supported by the Spanish Embassy, the Consulate General of Spain in Cape Town, UCT, Stellenbosch University, the Desmond and Leah Tutu Legacy Foundation, and ACESDA, the visit underscores the strong literary and cultural bonds between Spain and South Africa.
