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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Mcdonald’s has left Russia but now it’s been replaced by its doppelganger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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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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