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Yum brand logoDado Ruvik | ReutersOperator of KFC and Pizza Hut in India; Sapphire Foods India and Devyani Internationalannounced Thursday that the two companies will merge in a $934 million deal to create a fast-food franchise powerhouse in the world’s most populous country.The deal comes as India’s fast-food franchisees face higher costs, slower same-store sales and squeezed margins, while facing stiff competition from operators McDonald’s MCD.N and Domino’s Pizza Inc DPZ.O in a market where consumers are cutting back on non-essential spending.Debyani will issue 177 shares for every 100 Sapphire shares as part of the transaction and expects annual synergies…
US President Donald Trump dismissed concerns about his health in a new interview with the Wall Street Journal, despite attention being drawn to his sometimes sleepy appearance and recent spots of makeup on his hands.The interview was published in Thursday’s newspaper. Wall Street Journal reporters bombarded the page with questions about Mr. Trump’s age, health and recent health treatment statements.Recommended stories list of 3 itemsend of listThe US president seemed to react with some signs of mild annoyance. “Let’s talk about health for the 25th time,” President Trump told reporters at the beginning of the conversation.Mr. Trump is currently 79…
Liverpool started 2026 on a tear after suffering a 0-0 draw with an impressive Leeds at Anfield on New Year’s Day.Arne Slott’s side struggled to create chances against Leeds, who were missing key players including Dominic Calvert-Lewin from the starting XI. Daniel Farke’s side earned a well-deserved point, extending their unbeaten run to six. Liverpool had won their previous four matches in all competitions, but the draw in front of disgruntled fans meant they missed a chance to move five points clear of fifth-placed Chelsea. For Leeds, this point is even more valuable. There are only 7 left until the…
Europe’s banking sector is about to learn a hard lesson in efficiency. More than 200,000 European banking jobs could disappear by 2030 as financial institutions turn to AI and close physical branches, according to new analysis from Morgan Stanley reported in the Financial Times. This represents about 10% of the employees at 35 major banks. Bloodletting will hit the grunt parts of banking the hardest, such as back-office operations, risk management, and compliance, but algorithms are thought to be able to break through spreadsheets faster and more efficiently than humans. Banks are salivating at the prospect of 30% efficiency gains,…
A 1 kilogram gold bar and a 500 gram gold bar next to a 1 kilogram silver bar at The Vaults Group gold dealer in Barcelona, Spain, Monday, April 28, 2025. Bloomberg | Bloomberg | Getty ImagesGold and silver prices lost ground on Wednesday as investors booked profits following historic annual gains and exchange operator CME Group raised margins on precious metals futures for the second time in a week.Spot gold prices fell 0.1% to $4,339.89 an ounce as of 8:50 a.m. ET, extending losses into the new year. The yellow metal hit a one-week low in the previous session.Meanwhile,…
In early December, hundreds of women lined up for a marathon on the Iranian resort island of Kish, wearing matching shirts and leggings, with their hair tied loosely behind their backs. In a country where flouting dress codes can result in hefty fines and jail time, runners focused on the course in front of them, ignoring government instructions and the free headscarves race organizers placed in their marathon starter packs in anticipation of a violation. In October, a band played the riff of “Seven Nation Army” to a headbanging crowd on the streets of Iran’s capital Tehran, and Jack White,…
Manchester United have a long-term interest in Crystal Palace striker Jean-Philippe Mateta.The club are not actively looking to sign a new striker during this period, but if the French forward becomes available he could be someone they consider more seriously. Mateta, a key figure in Oliver Glasner’s Palace team, is due to enter the final year of his contract in July and attracted interest from clubs last summer. Sky Sports News previously reported that Palace rejected bids worth up to £50m for Mateta from Champions League clubs in the last period. Use Chrome Browser for a more accessible video player…
OpenAI is betting big on audio AI, but it’s not just about making ChatGPT sound better. According to a new report from The Information, the company has integrated multiple engineering, product and research teams over the past two months to overhaul its audio model in preparation for audio-first personal devices expected to launch in about a year. The move reflects where the entire tech industry is headed: a future where screens are background noise and audio takes center stage. Smart speakers have already installed voice assistants in more than a third of American homes. Meta has announced a feature for…
Shoppers near a Nike store in New York’s SoHo neighborhood on November 24, 2025.Michael Nagle | Bloomberg | Getty Imagesnike Shares rose about 4% on Wednesday after insiders bought up shares near the end of a difficult year.apple CEO Tim Cook, who sits on the sports apparel maker’s board, added about 50,000 shares to Nike, increasing his stake by about 90%, according to financial data provider Verity.Fellow director Robert Holmes Swann bought about 8,700 shares, according to Verity. This represented a 24% expansion compared to the former. eBay and intel executive position.Nike CEO Elliott Hill acquired about 16,400 shares in…
The tariff suspension comes as President Trump’s Republican Party faces affordability issues ahead of the midterm elections.Published January 1, 2026January 1, 2026Click here to share on social mediaShare 2shareAmid growing concerns about the cost of living, US President Donald Trump announced a one-year delay in imposing tariffs on upholstered furniture, kitchen cabinets and vanities.President Trump signed an order Wednesday night during the New Year’s Eve holiday suspending a planned 50% tariff on cabinets and vanities and a 30% tariff on upholstered furniture.Recommended stories list of 3 itemsend of listHowever, the executive order maintained the 25% tariff imposed on these products…