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Rebranded McDonald’s opens in Russia

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Mcdonald’s has left Russia but now it’s been replaced by its doppelganger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”.

Employee at rebranded McDonald’s
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.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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