Burger King, Popey's, Tim Horton restaurants

Burger King leads calls for nine-month rent holidays amid pandemic

Galina Mikova

Burger King UK is the latest of several high street fast food chains to ask chancellor Rishi Sunak for a nine-month rent holiday during the coronavirus crisis. Jose Cil, chief executive of Restaurant Brands International, the parent company which owns the Burger King, Tim Hortons and Popeyes brands, said on Moday: “Our business model has…

A global health crisis and financial scandals have not curbed enthusiasm for Chinese IPOs in the US

Galina Mikova

Despite a difficult period for Chinese companies over the last month, interest in cross-border listings remains strong. Chinese initial public offerings (IPOs) in the US made up about a fifth of IPO proceeds in America in the last three months, raising $3.3bn in the first quarter, the most in three years, according to investment bank…

US-Listed Chinese Companies Suffer on News of Luckin Coffee Fraud

Galina Mikova

The disclosure of the fraud by Luckin Coffee has had an adverse effect on the majority of Chinese companies listed on United States exchanges, Financial Times reported on Sunday. “It makes you question the whole system, honestly,” the Citron Research founder Andrew Left told the FT. “It just shows you the lack of controls; you obviously…

The Best Torrent Sites for 2021

Pavel Pudakov

Torrentz was at one point deemed the biggest torrent meta-search engine. It was used by many people from around the world to discover torrents they could use to download videos and other content. Sadly, the domain for Torrentz was shut down in 2016 due to legal disputes. However, Torrentz2.eu, a stand-in for the original Torrentz…

Google better placed than Facebook to ride out virus downturn, says note

Galina Mikova

Google’s parent company Alphabet is in a better position to weather the economic downturn than its online-ad-revenue rival Facebook, amid the global coronavirus pandemic analysts at BMO Capital said. BMO upgraded shares in Alphabet, led by chief executive Sundar Pichai (pictured), to outperform from market perform with a price target of $1,400. The target marks…

Netflix Stock lifts as Social Distancing Means More Streaming

Nicholas Say

US and global stocks rose on optimism over government bailouts and central bank support for markets yesterday. On Wednesday the US Senate passed a $2trn bill to support consumers and major businesses by a unanimous vote. The tech-heavy Nasdaq rose by 413.2 points on Thursday at 7,797.5, a gain of more than 5%. While tech…