Yum! Brands announced Wednesday that it will close approximately 250 underperforming Pizza Hut locations across the United States during the first half of 2026. The move comes as the parent company, which also oversees KFC and Taco Bell, continues a formal strategic review of the struggling pizza chain that could…
ArcelorMittal closed the final quarter of 2025 with results that exceeded market expectations, reinforcing signs of a recovery taking shape across Europe’s steel industry. The Luxembourg-headquartered group reported stronger core profit as steadier demand outside China, combined with regulatory support in Europe to improve trading conditions.Earnings beat underpinned by resilient…
Vodafone share price remains in a bull market as Margherita Della Valle’s turnaround strategy starts to pay off. VOD jumped to a high of 116p this week, up by over 110% from its lowest level in 2024. This rally means that it has done better than other telecom companies in…
BT Group share price rose by over 3% on Thursday after the company published its financial results. It rose to 210p, its highest level since September last year, and ~180% above its lowest level during the pandemic.BT Group’s earnings downloadThe main catalyst for the ongoing BT Group share price is…
A burst of social media posts urging users to pull funds from Binance briefly rattled crypto markets this week, reviving familiar anxieties about exchange risk. The episode followed a short withdrawal pause that lasted about 20 minutes and quickly became a flashpoint on X. Yet behind the noise, Binance said…
Argentina, Guyana, and Brazil are on track to spearhead Latin American oil production growth in 2026, though the potential reintegration of Venezuelan output casts uncertainty over the region’s long-term capital expenditure outlook, Rystad Energy said in its latest update.Despite the supermajors’ long-term caution regarding underwriting risks in Venezuela, the country…
British oil major Shell reported its weakest quarterly profit in nearly five years on Thursday, a slump attributed to a softer crude price environment and unfavorable tax adjustments in the fourth quarter.Crude oil prices hovered around $60 per barrel in the last quarter of 2025 as oversupply concerns dampened sentiments…
US spot Bitcoin exchange-traded funds recorded another day of heavy withdrawals on Wednesday, as falling cryptocurrency prices and broader risk-off sentiment continued to weigh on investor confidence.According to data from SoSoValue, investors pulled $544.94 million from US spot Bitcoin ETFs during the session, marking the second consecutive day of net…
Shares of Volvo Cars slid sharply on Thursday after the carmaker reported a steep fall in fourth-quarter operating profit, highlighting how tariffs, currency headwinds, and cooling demand are squeezing margins across the auto sector.The stock dropped more than 25%, putting Volvo Cars on track for its worst trading day on…
US stock index futures were largely unchanged on Thursday as investors digested mixed signals from corporate earnings, rising artificial intelligence spending plans, and continued volatility in the cryptocurrency market. The cautious mood followed a significant sell-off in software stocks that dragged major benchmarks lower for a second consecutive session.S&P 500…