
EU Spat Over Nuclear Energy Escalates as Key Vote Delayed
A key European Union law on scaling up renewable energy by the end of the decade has been
1970-01-01 08:00

Blackstone, Thomson Reuters Selling £2.4 Billion of LSE Group Stock
A consortium of investors including Blackstone Inc. and Thomson Reuters Corp. sold £2.7 billion ($3.4 billion) worth of
1970-01-01 08:00

Chevron’s Carbon Capture Flagship Is Stuck at One-Third Capacity
Chevron Corp.’s flagship carbon capture and storage project in Australia faces years of work to hit full capacity,
1970-01-01 08:00

Europe Car Sales Up in April as Output Gains on Better Supply
Auto sales in Europe rose in April for a ninth month as supply chains improved and carmakers worked
1970-01-01 08:00

China asks foreign missions displaying Ukraine flags to remove 'propaganda'
BEIJING China has notified several foreign missions in Beijing not to display "politicised propaganda" on their buildings, diplomats
1970-01-01 08:00

Thai Election Winner Holds Coalition Talks Amid Senate Stalemate
Thailand’s Move Forward Party, which has staked claim to lead a government after emerging as the single-largest party
1970-01-01 08:00

Siemens raises full year outlook after Q2 sales beats forecasts
By John Revill (Reuters) -Siemens raised its full year sales and profit guidance on Wednesday after the German engineering and
1970-01-01 08:00

Ripple’s XRP Bucks Crypto Gloom After Latest Court Twist Sparks 8% Jump
XRP, the native token of Ripple Labs Inc.’s blockchain ecosystem, jumped the most in about seven weeks after
1970-01-01 08:00

KSI has JD Sports ad banned by advertising watchdog for not being ‘obviously identifiable’ as an advert
YouTuber, musician and boxer KSI – real name Olajide "JJ" Olatunji – has had an Instagram advert with JD Sports banned by the Advertising Standards Authority (ASA), after the watchdog found the ad was not “obviously identifiable” as a marketing communication. Back in November last year, KSI posted a Reel to his Instagram account in which he could be seen with friends playing games in an arcade, with other featured celebrities in the video including Tobi “TBJZL” Brown, Amin “Chunkz” Mohamed and Anthony Joshua. After Brown approaches JJ asking him “what you got” in terms of footwear, KSI laughs before pointing to a pair of trainers which the video then zooms in on. The social media video, part of the “King of the Game” promotional campaign for Christmas last year, was a shortened version of longer promotional video on JD Sports’ official YouTube channel, which KSI directed his followers to watch in the post’s caption. However, the ASA later launched an investigation after a single complaint was made to them questioning if the post was “obviously identifiable” as an advert. Under the advertising code drawn up by the Committee of Advertising Practice – and enforced by the ASA – marketing communications (including on social media) must be “obviously identifiable as such”. Sign up to our free Indy100 weekly newsletter ASA guidance for online influencers states social media ads should include a “prominent label” such as #Ad, #Advert or #Advertisement “at the beginning” of the post “as an absolute minimum”. While the ASA’s ruling noted KSI amended the caption to include the ‘#ad’ label once learning of the complaint, it went on to add the advert was in breach because “the commercial intent behind the post was not made clear upfront and the ad was not obviously identifiable as such”. The regulator also said: “The post’s caption featured some elements that some consumers might have interpreted as signalling a commercial relationship between JD Sports and Mr Olatunji, including the reference to the ‘JD Arcade’, the ‘@JDSportsOfficial’ tag, and the instruction to view the ‘full version’ of the featured video on JD Sports’ YouTube channel. JD SPORTS CHRISTMAS AD 2022 | KING OF THE GAME www.youtube.com “However, in each case, the language used exclusively focused on the JD Sports brand itself, rather than its relation to Mr Olatunji. “We therefore considered those elements did not amount to a clear statement of the commercial relationship between Mr Olatunji and JD Sports, which would be immediately understandable to consumers.” When approached by the ASA as part of its investigation, JD Sports said it understood that labels such as ‘#ad’ were only required if content was not “already identifiable as such”. “They believed that various aspects of the ad made clear that it was a marketing communication … [They] believed the video’s high production value and elaborate set dressing were suggestive of a professional ad agency’s involvement. “The ad featured over 28 celebrities, including England international footballers and famous rappers. They believed that viewers would recognise as highly likely that such a varied group of high-profile individuals had been assembled as part of an advertising campaign.” JD Sports also said the video had appeared in other media prior to it appearing on KSI’s Instagram account, meaning “many viewers would instantly recognise the Instagram post as a marketing communication”. Meanwhile, the ruling continued to say KSI believed at the time that “references to JD Sports in the post’s caption, and the brand’s logo featured in the video’s closing shot, made clear to consumers that the video was an excerpt from a TV ad for JD in which he had featured.” The label of ‘#ad’ was later added by KSI to “mitigate any risk of consumers being misled”. However, the ASA concluded the advert was in breach, meaning it “must not appear again in the form complained of”. It is still available on KSI’s Instagram account at the time of writing. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
1970-01-01 08:00

Marketmind: Are we there yet? Market holds breath for debt ceiling deal
A look at the day ahead in European and global markets from Ankur Banerjee Nervousness in the market over the
1970-01-01 08:00

Singapore Air’s Record Results Leave Rival Cathay in Wake: Chart
Singapore Airlines Ltd. reported record annual results despite flying at 78% of pre-Covid capacity and carrying almost 10
1970-01-01 08:00

Aryan Khan case: Sameer Wankhede accused of asking for bribe from Shah Rukh Khan
Sameer Wankhede, who arrested the superstar's son in a drugs case in 2021, has been charged for corruption.
1970-01-01 08:00