Amazon’s brand value tops $400B, while TikTok debuts on top 100

Dive Brief:

  • Amazon retains its position as the world’s most valuable brand, according to the latest BrandZ rankings of the top 100 most valuable brands. Amazon’s brand value increased 32% to reach $415.9 billion this year, the list compiled by WPP and research firm Kantar found. The e-commerce company added almost $100 billion in brand value this year, accounting for more than one-third of the list’s total growth.

  • Facebook ranked No. 5 on the list but saw its brand value drop 7% from a year ago, per details shared with Marketing Dive. TikTok (No. 79, $16.9 billion), Lancome (No. 98,

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Top banking lobbyist resigns over ‘unpleasant’ comments about Amanda Staveley

Ms Staveley is suing Barclays over claims that PCP and the Abu Dhabi investors it represented were treated unfairly during a 2008 emergency fundraising. 

Mr Jones was among the Barclays bankers involved in the fundraising, which saved the bank from a taxpayer bailout. Ms Staveley’s client, Sheikh Mansour bin Zayed Al Nahyan, whom she also helped buy Manchester City FC, became the bank’s largest shareholder after contributing £3.5bn to the deal.

Mr Jones was not part of a parallel criminal trial against former Barclays’ bankers, which collapsed earlier this year, and there is no suggestion he has done anything wrong.

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Japan aims for top UN positions to counter China’s sway

TOKYO — The Japanese government and the ruling Liberal Democratic Party will centralize planning for executive personnel placements at the United Nations and other international organizations to counter China’s growing influence.

The aim is to identify strategically important international posts in fields such as economics and security, and fill them with Japanese who have experience as cabinet ministers.

A group LDP lawmakers led by party heavyweight Akira Amari will begin deliberations Thursday on a proposal to bring the nomination process under the Cabinet Secretariat, which answers directly to the prime minister. Up to now, the Foreign Ministry and other government

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Thailand fights to revive reputation as top tourist destination

BANGKOK — A leading business hotel in Bangkok is sprucing up rooms, restaurants and hallways to meet new hygiene and safety standards as it prepares to welcome the first trickle of regular customers — foreign airline crews — in August.

“This is now a priority, including deep cleaning of our ventilator and air conditioning systems,” said Marisa Sukosol, executive vice president of Sukosol hotels, which owns five properties in the Thai capital and in Pattaya, a seaside resort southeast of the city. “We have a loyal market, like airline crews from South Korea, and we need to be ready for

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