Money
Rebranded McDonald’s opens in Russia
Mcdonald’s has left Russia but now it’s been replaced by its doppelganger
The new franchise called Vkusno & Tochka has opened its doors across Moscow.
The name of the rebranded Mcdonald’s translates to “Tasty and that’s it”.
The fast-food outlet features renamed classics like the Filet-O-Fish burger but has left many disappointed as The Big Mac has not been remade.
The reopenings occurred on Russia Day, a patriotic day celebrating national pride.
Crowds of people were seen queuing in front of the former-McDonalds restaurants that are now brandished with a new logo featuring a burger and two fries with the slogan “The name changes, love stays”.
Photo Credit: CNN
Mcdonald’s withdrew its business from Russia after Moscow invaded Ukraine but the country has reworked its copyright laws to evade Western sanctions.
The owner of the Russian franchise promises to open more stores across Russia.
The Restaurants menu did not feature as many recipes but the food is overall cheaper than it was under the Mcdonald’s brand.
The contents of burgers have remained the same as Mcdonald’s equipment remains within the stores.
In a rush to reopen, the company is yet to develop its own packaging, selling food in plain white cartons for fries and burgers with takeaway bags being plain brown.
Money
U.S. markets mixed as tech slumps and Fed moves spark uncertainty
Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.
Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.
US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.
Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.
We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.
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#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights
Money
Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns
Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.
Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.
Wall Street took a sharp hit Thursday as technology stocks and Bitcoin plunged, reigniting worries over the job market and global economic stability. Kyle Rodda from Capital.com breaks down how Alphabet and Qualcomm’s earnings may signal broader tech weakness.
Bitcoin’s recent drop also rattled crypto markets, with Coinbase shares falling sharply. Rodda explains how much of the decline is driven by market fundamentals versus shifting investor sentiment, and how rising AI expenditures are affecting investor confidence in tech.
The surge in unemployment claims, coupled with falling bond yields, is prompting concern over overall market stability.
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#WallStreetCrash #TechStocks #BitcoinDrop #MarketVolatility #JobMarket #InvestingTips #CryptoNews #Ticker
Money
S&P 500 dips as tech stocks struggle with AMD leading losses
S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.
S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.
The S&P 500 fell as technology stocks faced intense selling pressure, dragging the broader market lower. AMD shares were particularly hard hit, falling 17% after its first-quarter forecast disappointed analysts.
Software names including Oracle and CrowdStrike also struggled, although Microsoft found some stability amid the sell-off.
Investors are now focused on Alphabet, which is set to report earnings after the bell Wednesday.
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