Lululemon leadership transition: CEO Calvin McDonald to step down in January; athletic wear brand wrestles with dropping sales

Lululemon Athletica Inc on Thursday announced a major leadership transition as CEO Calvin McDonald will be stepping down on January 31. This comes as the athletic wear brand struggles with a challenging year for sales. McDonald, who has led the Vancouver-based company since 2018, will continue as a senior adviser until March 31 2026 to…

Read More

Kant, gaming jargon — and outrage: South Korea’s ‘impossible’ English test goes viral; exam chief quits

(Representative image: AP) South Korea’s top official responsible for administering the country’s high-stakes university entrance exam has resigned following intense criticism over the difficulty of this year’s English section. Oh Seung-geol, head of the Korea Institute for Curriculum and Evaluation, stepped down after admitting the test failed to meet the standards of its absolute-grading system….

Read More

‘Nicolas Maduro’s nephews, oil tankers’: US imposes new sanctions on Venezuela — details

The United States on Thursday imposed new sanctions on Venezuela, targeting three nephews of President Nicolas Maduro’s wife, along with six crude oil tankers and associated shipping companies. The action coincided with a large-scale US military buildup in the southern Caribbean and President Donald Trump’s campaign for Maduro’s ouster. On Wednesday Trump said the US…

Read More

Now, Mexico to slap tariffs; may hit Indian car companies

Mexico’s Senate approved a bill imposing 5-50% tariffs on over 1,400 Asian products, including India’s, starting next year. This move, targeting China’s massive output, could significantly impact India’s automotive and auto parts exports, valued at $1.1 billion. The tariffs aim to boost Mexican revenue and potentially ease US trade pressure. Mexico’s Senate Wednesday voted in…

Read More

First time after ‘apple orchards-cancer report’, Kashmir leaders meet to discuss ‘grave’ issue, form policy | India News

SRINAGAR: In Srinagar, for once, politics took a back seat on December 8, when the conversations revolved not around the tug-of-war between CM Omar Abdullah and LG Manoj Sinha, or another round of security briefings. In the J&K assembly corridors this Monday, lawmakers gathered instead to confront a deadlier political blind spot: Cancer among its…

Read More

US blueprint for Russia-Ukraine peace show light at end of tunnel for India while Europe bristles

The TOI correspondent from Washington: The Trump administration has circulated a series of one-page confidential documents to European governments outlining a sweeping US peace blueprint to end the Russia-Ukraine war—an initiative that is generating deep trans-Atlantic tensions and could reshape global energy and financial markets, while coming as a relief to India. The American proposals,…

Read More