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…
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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…
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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…
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…
How to Buy Barclays stock in 2020:
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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…
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…
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