KFC - point: Yum! Brands is negotiating the sale - RIA Yum! Brands (brands of KFC and Pizza Hut) said it was in talks to sell the Russian restaurants KFC local operator, after which it will completely leave Russia
German bankers are preparing for default due to "Russian gas threat" - Bloomberg According to several senior bankers, German banks will be forced to set aside additional funds to cover a potential spike in defaults if the country is cut off from Russian gas. Lenders are particularly worried about planned maintenance work on Nord Stream. They believe there are risks of a subsequent
Matthew McConaughey visited the White House with a proposal to restrict guns in the U.S. In view of the Texas elementary school shooting situation on May 24, the actor suggested that the White House: Introduce stricter background checks for possible gun owners; Raise the minimum age for purchasing automatic rifles. "Responsible gun owners are fed up with some lunatics abusing the Second Amendment. The proposed
Blue Origin has completed its fifth launch of a manned flight, - Reuters The New Shepard spacecraft made a successful suborbital flight with a crew of six aboard. This was the ship's fifth flight since launches began and its second in 2022. During the flight, which lasted about 10 minutes, the ship ascended 106 km to put passengers in a state of weightlessness.
Shanghai takes measures to support economy - Reuters Shanghai authorities will lift many conditions for businesses to resume operations from Wednesday: easing a citywide quarantine and introducing policies to support the affected economy, a city official said. The city will reduce taxes on passenger car purchases to encourage car consumption. A subsidy of 10,000 yuan will also
Tether launches MXNT Stablecoin tied to Mexican peso MXNT will join three other fiat currency-linked tokens that Tether has in the market: USDT with a US dollar peg, EURT with a euro peg and CNHT with a yuan peg. According to Triple A, 40% of Mexican companies are looking to adopt blockchain and cryptocurrencies in some form, making
Samsung is negotiating a 20% price increase for chip production Samsung and Taiwan Semiconductor Manufacturing Co. account for more than two-thirds of the world's outsourced chip production capacity. Recall that Taiwan Semiconductor also raised prices for its products twice in the last year.
Virgin Galactic postponed commercial suborbital flights until 2023 Virgin Galactic once again postponed the launch of commercial flights with tourists. The company postponed the first flight until next year because of problems with component supplies and a shortage of employees. It now plans to begin commercial flights of its VSS Unity spaceplane in the first quarter of 2023.
EU agrees on new rules for Internet companies to monitor content New EU rules require companies such as Google and Meta* to increase oversight of illegal content on their platforms and pay regulators to enforce the rules. Targeted ads targeting children or based on personal information such as religion, gender, race and political views are banned, Reuters reported. Online platforms will
Musk ready to invest up to $15 billion of his own money to buy Twitter The New York Post reported Tuesday, citing its sources, that Elon Musk is willing to spend $10 billion to $15 billion of his own money to buy Twitter. According to the report , Musk plans to submit a tender offer in about 10 days and has enlisted Morgan Stanley to raise