Yum! Brands will sell Pizza Hut in a $2.7 billion deal, with LongRange Capital buying most of the chain and Yum China acquiring the mainland China business. The sale follows declining sales, planned U.S. closures and growing competition from other pizza chains.
Posts tagged as “the United Kingdom”
Britain’s Ministry of Defence is investigating reports that a Russian frigate fired warning shots near a UK-registered yacht in the English Channel. No injuries or damage were reported, and officials are treating the episode as isolated.
G7 leaders meeting in France are focusing on a preliminary U.S.-Iran agreement and renewed efforts to end Russia’s war in Ukraine. Zelenskyy joined the summit as European leaders sought to keep pressure on Moscow and reopen the Strait of Hormuz.
The Bank of Japan raised its benchmark rate to 1%, the highest since 1995, citing energy-driven price pressures and rising inflation expectations. The move continues Japan’s shift away from decades of ultra-low borrowing costs.
A London jury convicted two men over arson attacks on properties and a car linked to Prime Minister Keir Starmer. The BBC reported the plot was part of a wider Russian-linked sabotage and disinformation campaign, an allegation Russia denies.
Britain’s Court of Appeal ruled that the government’s ban on Palestine Action as a terrorist organisation was lawful, overturning a High Court decision. The group’s co-founder said she would seek to appeal, while the home secretary said the ruling does not affect lawful pro-Palestinian protest.
Trump held separate calls with Putin and Zelenskyy as the Ukraine war loomed over the upcoming G7 summit. Russian officials said Trump pushed for an end to hostilities, while Zelenskyy said he and Trump agreed to continue talks at the summit.