Subway being acquired by Atlanta-based private equity firm Roark Capital
In a significant development, Roark Capital is set to purchase Subway, bringing an end to the sandwich chain’s long-standing family ownership that spanned over fifty [more…]
Author: A.R.
Turkey’s central bank raised interest rates to 25%, surpassing expectations. This move indicated the bank’s readiness to uphold its fresh pledge of using monetary policy to mitigate inflation
Turkey’s central bank took a more significant step than anticipated by raising interest rates to 25% on Thursday. This move demonstrates the bank’s commitment to [more…]
Boeing discovered a flaw in its 737 Max aircraft, delays in deliveries expected
Boeing has announced that a recent manufacturing flaw discovered on its popular 737 Max aircraft will lead to delays in deliveries of this highly sought-after [more…]
Demand for cloud computing and AI chips boost Nvidia in after hours trading
Indicating a surge in momentum for the forthcoming boom in the tech industry, Nvidia has foreseen rapid expansion in the already fervent demand for the [more…]
Yevgeny Prigozhin, whose Wagner group launched a failed mutiny in June, has crashed on a flight from Moscow to St Petersburg
Yevgeny Prigozhin, who was previously aligned with Russian President Vladimir Putin but later led a failed insurrection through his Wagner Group mercenaries in June, has [more…]
A jump in Japan’s tourism propels global investments in the country’s hotel industry
An upsurge in tourism in Japan, driven by the return of Chinese travelers, along with the highest inflation levels witnessed in the past forty years, [more…]
X plans to eliminate headline and text when sharing links to news articles
Elon Musk is advocating for a transformation in the display of news links on his social media platform X, formerly known as Twitter, a move [more…]
340,000 UPS workers approved new labor deal negotiated by the Teamsters
UPS employees have officially approved the labor deal that was negotiated by the Teamsters nearly a month ago. This agreement, covering a workforce of 340,000 [more…]
July home sales falls again, a 2.2% decline in previously owned home compared to June
In July, the National Association of Realtors reported a 2.2% decline in the sales of previously owned homes compared to June. This led to a [more…]
Hong Kong based American companies choose to remain despite concerns about national security, according to top US Consul General Gregory May
According to the US Consul General Gregory May, American companies are choosing to remain in Hong Kong despite concerns about the national security law and [more…]