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☆ Key trio's absence won't hurt Europe's Ryder Cup hopes - Azinger
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +2 min

Garcia, Poulter and Westwood have played a combined 28 Ryder Cups but are part of LIV Golf and resigned from the European Tour, which made them ineligible to play the Ryder Cup at Marco Simone Golf and Country Club near Rome. "First of all, I think that the team dynamic and the team environment in the European room will be unfazed," Azinger said on an NBC Sports Ryder Cup media conference call. Garcia is the Ryder Cup's record points scorer with 28.5, while Westwood has played a record 11 matches, being part of seven winning teams. Poulter has also played a key role in some of Europe's biggest successes. This year's Ryder Cup runs from Sept. 29 to Oct. 1.

Persons: Ryder, Europe's Lee Westwood, Ian Poulter, Europe's Sergio Garcia, Jonathan Ernst, Sergio Garcia, Lee Westwood, Paul Azinger, Garcia, LIV Golf, Marco Simone Golf, Luke Donald's, Azinger, Westwood, Poulter, Curt Byrum, Frank Pingue Organizations: Team USA, Ryder, REUTERS, Poulter, Westwood, European, Country Club, NBC Sports Ryder, NBC Sports, Thomson Locations: Whistling Straits , Sheboygan , Wisconsin, U.S, Europe, Italy, Rome, Toronto

☆ China's macro backdrop has investors worried. Here are some stocks that could be safe from any weakness
▼ + stars: | 2023-09-20 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

A lackluster economic backdrop in China shouldn't keep Wall Street from buying opportunities in the world's second-largest economy, some investors say. Consumer growth bets Kirby named Yum China as one quality stock idea. He also expects Yum China could still benefit from a rebound in consumer spending in China. It's a spending category the fund manager doesn't expect will suffer from any weakness in the macro backdrop. Yum China is higher this year by more than 4%.

Persons: Ben Kirby, Kirby, Duke, It's, James Donald, Thornburg's Kirby Organizations: Thornburg Investment Management, KFC, Technology, doesn't, Lazard Investment, Lenovo Locations: China, Beijing, Botox, U.S

☆ Zambia find shows humans have built with wood for 476,000 years
▼ + stars: | 2023-09-20 | by ( Will Dunham | ) www.reuters.com time to read: +5 min

The rarity of wood preservation at early archaeological sites - it is perishable over time - means scientists have little understanding of how early humans used it. "Wood can be shaped into a variety of forms making it an excellent construction material that is strong and durable," Barham added. The Kalambo Falls logs were determined to be from about 476,000 years ago. Wooden tools for foraging and hunting are known from about 400,000 years ago. "Use of wood in this way suggests the cognitive ability to these early humans was greater than we have believed based on stone tools alone."

Persons: Larry Barham, Barham, Geoff, heidelbergensis, Will Dunham, Daniel Wallis Organizations: University of Liverpool, REUTERS, Aberystwyth University, Thomson Locations: Zambia, Handout, Africa's, England, Wales, Morocco, Kalambo, Clay, Israel, Washington

☆ Yum China says tech investments let it open more stores without needing more staff
▼ + stars: | 2023-09-15 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Pedestrians walk past a Pizza Hut restaurant and a KFC restaurant, both operated by Yum China, in Beijing, China, on Sept. 5, 2020. Bloomberg | Bloomberg | Getty ImagesBEIJING — Yum China is spending more on tech, an investment that's allowed it to open more stores without having to hire more staff, CEO Joey Wat told CNBC in an interview Friday. Yum China operates KFC and Pizza Hut stores in China, among other brands. With technology, she said staff can be promoted to manage multiple stores and support the opening of new locations. This year alone, the company plans to spend about $700 million to $900 million.

Persons: Joey Wat, Wat Organizations: KFC, Yum, Bloomberg, Getty, CNBC, Yum China, U.S, Companies, Walmart Locations: Yum China, Beijing, China, BEIJING, Yum, Alibaba

☆ Lying down contest enters 20th day as competitors vie for ‘laziest citizen’ record
▼ + stars: | 2023-09-07 | by ( ) edition.cnn.com time to read: +1 min

Brezna, Montenegro Reuters —Seven competitors lying down on mats are vying for the coveted title of “Laziest Citizen” after smashing the previous record in a satirical contest held annually in a holiday resort in northern Montenegro. A lying down record of 117 hours was set at last year’s contest in the resort village of Brezna, but as this year’s competition entered a 20th day on Thursday, the remaining contestants said they were determined to keep going. She said the seven remaining contestants from a starting field of 21 had been lying down for 463 hours so far. Participants use their phones inside a hut, during a satirical contest to mock a popular myth that labels Montenegrins as lazy. “We have everything we need here, company is fantastic, time goes by quickly,” he said.

Persons: ”, Dubravka Aksic, Radonja Blagojevic, Vasiljevic, Filip Knezevic, “ Organizations: Montenegro Reuters — Locations: Brezna, Montenegro, Laziest, Mojkovac

☆ Montenegrins vie for record in lying down contest
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

[1/4] Participants lay inside a hut, as they participate in a satirical contest to mock a popular myth that labels Montenegrins as lazy people, in the village of Brezna, Pluzine, Montenegro, September 6, 2023. REUTERS/Stevo Vasiljevic Acquire Licensing RightsBREZNA, Montenegro, Sept 7 (Reuters) - Seven competitors lying down on mats are vying for the coveted title of "Laziest Citizen" after smashing the previous record in a satirical contest held annually in a holiday resort in northern Montenegro. A lying down record of 117 hours was set at last year's contest in the resort village of Brezna, but as this year's competition entered a 20th day on Thursday, the remaining contestants said they were determined to keep going. She said the seven remaining contestants from a starting field of 21 had been lying down for 463 hours so far. ($1 = 0.9338 euros)Reporting by Stevo Vasiljevic and Aleksandar Vasovic Editing by Helen PopperOur Standards: The Thomson Reuters Trust Principles.

Persons: Stevo, Dubravka Aksic, Radonja Blagojevic, Filip Knezevic, Stevo Vasiljevic, Aleksandar Vasovic, Helen Popper Our Organizations: REUTERS, Thomson Locations: Brezna, Pluzine, Montenegro, Mojkovac

☆ I stayed in an $83-per-night viral Airbnb overlooking the Great Pyramid of Giza. The tub that hooked me on Instagram was odd, but the view made it worth it.
▼ + stars: | 2023-09-05 | by ( Dan Latu | ) www.businessinsider.com time to read: +8 min

Libryia Jones, 44, booked an $83-per-night stay at a viral Giza Airbnb she first saw on Instagram. I saw this Airbnb with views of the Great Pyramid of Giza. They made it look really, really good. 😍😍@Travel Noire @Blacktravelfeed @airbnb @Airbnb Finds ♬ Pharaoh - FaroocAnd they were. Whenever I fly, if I'm going to land after 8 p.m. or 9 p.m., I'm just going to book a hotel that's easy to find.

Persons: Libryia Jones, Jones, I've, ove, sid, ou l, sid e , but, eva, or was s, Jon e, so I, ari Organizations: Service, Uber, usu Locations: Wall, Silicon, Giza, Egypt, Hollywood, Cairo

From a distance, the whole site could be mistaken for an old mining camp you might come across in Montana or Idaho. They were listening to the last sigh of the Big Bang, which birthed the universe 13.8 billion years ago and is detectable now only as a faint, omnipresent hiss of microwave radiation. Up until then, scientists had debated whether the universe even had a beginning; maybe it was timeless. As important, the discovery brought the beginning of time into the lab, where it could be pinched, squeezed and dissected. The cosmic microwave background offered a new window into the nature of reality, one into which astronomers have been peering intently ever since.

Persons: Crawford Hill, Arno Penzias, Robert Wilson, Penzias, Wilson Organizations: Historic Landmark Locations: Crawford, Monmouth County, N.J, Manhattan, Montana, Idaho

☆ Look beyond the 'Magnificent Seven' tech stocks, analyst says — and names 5 top picks
▼ + stars: | 2023-08-31 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

When it comes to picking stocks, Hannah Gooch-Peters of asset management firm Sanlam Investments UK avoids chasing trends. She said she believes investors need to look beyond the "Magnificent Seven," referring to Apple , Amazon , Alphabet , Meta , Microsoft , Nvidia and Tesla — tech stocks that have made massive gains this year. Sanlam's $5 billion-plus Global High Quality Fund invests in global stocks with a "high quality bias." The companies her firm picks have rather low capital expenditure as a percentage of their sales, she said. It also has a "mortgage-signing technology service which is "really, really exciting," she said.

Persons: Hannah Gooch, Peters, Gooch, We're, it's, you've, That's Organizations: Sanlam Investments, Apple, Microsoft, Nvidia, Tesla, CNBC, Quality Fund, Peters . Services, Yum Brands, KFC, Taco Bell, Intuit, SAP, Intercontinental Exchange, Samsung Electronics

☆ UBS says this is how to play China right now — and shares its top stock picks
▼ + stars: | 2023-08-31 | by ( Lucy Handley | ) www.cnbc.com time to read: +4 min

Analysts at UBS have detailed how to play a volatile Chinese market in the short term. Chinese internet giant Alibaba is on UBS' list, with the bank expecting it to grow faster than the overall Chinese stock market. "Potential stock price catalysts include growth from the cloud business, overseas expansion and greater operational discipline," the analysts wrote. Insurers with full pension licenses, such as Ping An, will likely enjoy a first mover advantage," the analysts wrote. Consumer stocks In consumer stocks, UBS likes Topsports International , which is Adidas ' largest retail partner globally, the bank said.

Persons: Gina Raimondo, — CNBC's Michael Bloom Organizations: UBS, Baidu, Ping An Insurance, Consumer, Topsports, Adidas, Shenzhou, Nike, KFC, China Longyuan Power, China Resources Power Locations: Asia, China

☆ I used TikTok to plan my vacation. Here’s how that went
▼ + stars: | 2023-08-25 | by ( Amarachi Orie | ) edition.cnn.com time to read: +14 min

I put a stint of endless scrolling to good use by using the app to decide the itinerary for my latest vacation. So, like TikTok users said, early morning is probably the best time for a tourist to first experience the amusement park. Amarachi Orie/CNNWith a name meaning “Yellow Beach,” this place was an aesthetic wonder, which explains why it came up on TikTok. Amarachi Orie/CNNThis beach club on the Veronica Strip was recommended by TikTok users as the place to be to enjoy the island’s nightlife. I would recommend every place TikTok took me to, especially the aesthetic masterpieces: the yellow beach, Fiore and Masca.

Persons: Costa Adeje, Amarachi Orie, TikTokers, I’m, Orie, TikTok, I’d, Fiore, I’ll, don’t, CNN TikTok, Madonna, Harley Davidson, Bob Dylan, Bruce Springsteen, Billy Idol, Stevie Nicks, Veronica, Papagayo, Teide, Masca, it’s Organizations: CNN, TikTok, Costa Adeje TikTok, Costa Adeje, Port Colon, Workers, Papagayo Beach Club Spanish Locations: West Africa, Tenerife, Canary Islands, TikTok, tenerife, Costa, Siam, Spanish, Los Cristianos, Amarilla, Luuma, Playa de Las, Playa, Las, British, Santiago del Teide, Fiore

☆ Bubble tea will test limits of China’s consumers
▼ + stars: | 2023-08-08 | by ( Thomas Shum | ) www.reuters.com time to read: +3 min

HONG KONG, Aug 8 (Reuters Breakingviews) - Bubble tea may be the new bellwether for the Chinese consumer. At least half a dozen boba-drink makers, including China’s largest chain by store count, Mixue Bingcheng, are planning initial public offerings in Hong Kong or the United States, Bloomberg reports. Shares in Hong Kong-listed Nayuki (2150.HK), the country’s only publicly traded bubble tea chain, have dropped 70% since their debut in 2021. Follow @t__shum on TwitterCONTEXT NEWSAt least six bubble tea companies are looking to go public in either Hong Kong or the United States, Bloomberg reported on July 24 citing people familiar with the matter. In 2022, China’s biggest bubble tea chain by store count, Mixue Bingcheng, filed for a $918 million initial public offering in Shenzhen.

Persons: Mixue, Gen, Mixue Bingcheng, Robyn Mak, Katrina Hamlin, Pranav Kiran Organizations: Reuters, Bloomberg, HK, KFC, Haidilao, Refinitiv, Thomson Locations: HONG KONG, Hong Kong, United States, Beijing, China, Shenzhen

☆ Yum Brands gets a lift as KFC's cheaper options draw more customers
▼ + stars: | 2023-08-03 | by ( Deborah Mary Sophia | ) www.reuters.com time to read: +2 min

Quarterly comparable sales at KFC jumped 13% and topped estimates for an 8.29% growth, as options like the 2-for-$5 fried chicken wrap and launches including chicken nuggets pulled in lower-income consumers struggling with high food prices. [1/2]A Kentucky Fried Chicken (KFC) bucket of mixed fried and grilled chicken is seen in this picture illustration taken April 6, 2017. Yum Brands' revenue rose 3% to $1.69 billion but fell short of estimates of $1.75 billion, largely due to weaker-than-expected sales at Taco Bell and Pizza Hut. Excluding items, Yum Brands earned $1.41 per share, above estimates of $1.24. Reporting by Deborah Sophia in Bengaluru; Editing by Shinjini Ganguli and Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

Persons: Taco, David Gibbs, Edward Jones, Brian Yarbrough, Carlo Allegri, Chris Turner, Deborah Sophia, Shinjini Ganguli Organizations: KFC, Taco Bell, Pizza, Yum Brands, Wednesday, REUTERS, Thomson Locations: Pizza, U.S, Kentucky, Russia, Ukraine, Bengaluru

☆ A Florida steakhouse is selling a plant-based steak for a whopping $69
▼ + stars: | 2023-08-02 | by ( Nancy Luna | ) www.businessinsider.com time to read: +5 min

A Florida steakhouse chain is joining the fray by selling a $69 plant-based steak by Chunk Foods. Charley's Steak House is billing itself as the first steakhouse chain in the US to add a plant-based steak to its menu. The plant-based steak is so good that some staffers were fooled during blind taste tests, company Executive Vice President Clark Woodsby told Insider. Last year, Beyond Meat's sales slumped as consumers turned away from plant-based meat substitutes. To date, restaurant diners have experienced plant-based foods at fast-food chains like KFC, Pizza Hut, McDonald's, and Chipotle.

Persons: mignon, Charley's, Clark Woodsby, Mignon, Woodsby, Seth Miller, Miller, Amos Golan, Golan Organizations: Chunk Foods, Service, Chunk, Town, Texas Cattle Company, Foods, Steak, Foods Chunk Locations: Florida, Wall, Silicon, Central Florida, FishBones, Texas, Charley's

☆ Taco Bell owner Yum Brands misses revenue estimates despite soaring KFC sales
▼ + stars: | 2023-08-02 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

Yum Brands on Wednesday reported mixed quarterly results as Taco Bell's and Pizza Hut's same-store sales disappointed. Yum Brands' same-store sales grew 9% in the quarter, topping StreetAccount estimates of 6.9%. KFC's system sales in China soared 32%, while its U.S. system sales rose 5%. The pizza chain's domestic same-store sales rose just 1%. Its U.S. same-store sales increased 4%, but its international same-store sales shrank 1% in the quarter.

Persons: Yum Organizations: Brands Inc, Taco, Yum Brands, Refinitiv, U.S Locations: Taco Bell, Kentucky, Louisville , Kentucky, U.S, Russia, China, Taco Bell's

☆ Major global firms warn of slow China sales as post-pandemic surge fades
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +4 min

Aug 2 (Reuters) - From consumer goods giant Unilever (ULVR.L) to automaker Nissan (7201.T) and machinery maker Caterpillar (CAT.N), global firms have warned of slowing earnings in China as the world's second-largest economy loses its post-pandemic bounce. A continued rebound has been limited to a handful of sectors such as dining and luxury goods, driving double-digit China sales growth for the likes of Starbucks (SBUX.O) and LVMH (LVMH.PA). Volkswagen (VOWG_p.DE) cut its full-year sales target last week due to a sales dip in China, its top market. "Unfortunately, our (China) sales outlook is now falling far below our production capacity," Nissan CEO Makoto Uchida said last week. "We mentioned during our last earnings call that we expected sales in China to be below the typical 5% to 10% of our enterprise sales.

Persons: Graeme Pitkethly, we're, Makoto Uchida, Jim Umpleby, Jacob Stausholm, Louis Vuitton, Tiffany, Jean, Jacques Guiony, Mimosa Spencer, Sophie Yu, Brenda Goh, Richa Naidu, Melanie Burton, Daniel Leussink, Victoria Waldersee, Miranda Murray, Rishav Chatterjee, Deborah Sophia, Ananya Mariam Rajesh, Yuvraj Malik, Miyoung Kim, Christopher Cushing Organizations: Unilever, Nissan, Caterpillar, Starbucks, Procter, Gamble, L'Oreal, Global, Volkswagen, Samsung, SK Hynix, Apple, Rio Tinto, Tinto, Yum, HK, KFC, Kailyn, Thomson Locations: China, KS, Rio, Yum China, Kailyn Rhone, New York, Paris, Beijing, Shanghai, London, Melbourne, Tokyo, Victoria, Berlin, Bengaluru

☆ Yum Brands beats quarterly results estimates on KFC boost
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +2 min

[1/2] A Kentucky Fried Chicken (KFC) bucket of mixed fried and grilled chicken is seen in this picture illustration taken April 6, 2017. REUTERS/Carlo Allegri/Illustration/File PhotoAug 2 (Reuters) - Yum Brands (YUM.N) topped market estimates for quarterly results on Wednesday, as cheaper meals and promotional offers at its KFC restaurants boosted demand and overshadowed lackluster traffic at Taco Bell and Pizza Hut. Quarterly comparable sales at KFC rose 13%, handily beating estimates of 8.29%, and logging the best same-store sales growth in at least seven quarters. Same-store sales at Yum Brands rose 9% in the quarter ended June 30, compared with analysts' estimates of a 7.01% increase, according to Refinitiv IBES data. Excluding items, Yum Brands earned $1.41 per share, above estimates of $1.24 per share.

Persons: Carlo Allegri, Taco Bell's, Deborah Sophia, Shinjini Organizations: REUTERS, Yum Brands, KFC, Taco Bell, Brands, Thomson Locations: Kentucky, Louisville , Kentucky, Russia, Ukraine, Bengaluru

☆ KFC is getting an unexpected boost from Trevor Noah's love of breakfast chicken
▼ + stars: | 2023-08-02 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

KFC's "eat fried chicken for breakfast" campaign with Trevor Noah seems to be boosting sales. The campaign, which was launched in South Africa, has lead to strong sales growth, as noted in Yum Brand's earnings call Wednesday. KFC same store sales rose 13%, adding a huge boost to Yum Brands' overall sales. Yum Brand's, which owns KFC, attributed strong sales in South Africa to a chicken campaign with comedian Trevor Noah during the company's earnings call on Wednesday. The brand recently launched chicken nuggets to expand the brand's off-the-bone offerings.

Persons: Trevor Noah, Noah, Bell Organizations: KFC, Yum Brands, Service Locations: South Africa, Wall, Silicon, China, East

☆ Crypto stocks dip after bitcoin slumps to six-week low
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

Aug 1 (Reuters) - Shares of cryptocurrency and blockchain related companies fell in premarket trading on Tuesday, as bitcoin hit a six-week low following a hack at Curve Finance, a platform where users can borrow and trade in crypto. Bitcoin, the world's biggest cryptocurrency, fell about 2% to $28,870. Curve Finance was the victim of a hack, the company posted on messaging platform X, formerly known as Twitter, on Sunday. Crypto miners including Riot Platforms (RIOT.O), Marathon Digital (MARA.O) and U.S.-listed shares of Canada's Hut 8 Mining declined between 3% and 3.35%. The crypto industry is at a crucial juncture, with two of the biggest industry players - Binance and Coinbase - under fire from the U.S. Securities and Exchange Commission.

Persons: Pritam Biswas, Krishna Chandra Organizations: Finance, U.S . Securities, Exchange Commission, U.S . Federal, Thomson Locations: Canada's, Bengaluru

☆ How Silva McLeod became Tonga’s first female pilot
▼ + stars: | 2023-07-28 | by ( Lilit Marcus | ) edition.cnn.com time to read: +5 min

In doing so, she became one of only a handful of Tongan people ever to get a pilot’s license – and the first Tongan woman. Chipping away year by year, course by course, McLeod slowly worked her way toward becoming a pilot. McLeod got her pilot’s license in 1992. “Delivering that (pilot address) in Tongan, flying in Tonga, I felt like my mission was accomplished,” she says. The other Tongan pilots she knows of were also trained abroad.

Persons: Silva McLeod wasn’t, Silva, I’m, “, McLeod, Ken, –, Tonga –, Silva McLeod, she’d, ”, Royal, McLeod hadn’t, they’d, It’s Organizations: CNN, Tongan, Chipping, Australian Civil Aviation Safety Authority, Royal Tongan Airlines, “ Locations: Tongan, Vava’u, Australia, Tonga, Victoria, Nuku’alofa, Auckland , New Zealand, Melbourne

☆ Apple and these other companies reporting next week have a history of outperforming earnings expectations
▼ + stars: | 2023-07-28 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Although not an exact science, companies whose quarterly results exceed analyst estimates could see their shares rise in resulting enthusiasm. CNBC Pro screened for the companies scheduled to report earnings next week that also have a record of outperforming the Street's expectations. Apple The maker of the iPhone, iMac and iPad is set to report results Thursday after the bell. Yum China The Chinese restaurant holdings company, which includes KFC and Pizza Hut, has a record of topping earnings estimates 73% of the time. The company has a 75% record of beating earnings estimates and tops revenue forecasts 71% of the time.

Persons: Kraft Heinz, Steve Madden, CNBC's Michael Bloom, Fred Imbert Organizations: Apple, Qualcomm, Devices, Kraft, CNBC Pro, Investment, Bank of America, KFC Locations: Cupertino , California, China, Yum China

☆ Morgan Stanley's top picks for the rest of earnings season
▼ + stars: | 2023-07-26 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

While Wall Street's expectations are lower this corporate earnings season, there are still several stocks Morgan Stanley said could rise in the near term. Morgan Stanley's estimates for second-quarter earnings are down 9% year to date and flat sales growth, which the firm attributes to lagged and elevated costs. Amazon is one of Morgan Stanley's top picks for this earnings season. The firm believes potential catalysts include positive earnings revisions and its AWS Summit on cloud computing and generative artificial intelligence. He added that multiple appreciation and earnings revisions could drive the stock upward.

Persons: Morgan Stanley, Morgan Stanley's, Michelle Weaver, Brian Nowak, Brian Harbour, Yum, Elizabeth Porter, Porter, — CNBC's Michael Bloom Organizations: Pharmaceutical, Merck, Pfizer, Devices, Tech, Amazon, Yum Brands, Taco Bell Locations: North America, China

☆ The unofficial timeline of how Burger King's 'have it your way' offer ended up with a guy ordering a $290, 100-patty burger in Bangkok
▼ + stars: | 2023-07-21 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Burger King Thailand has released a 100-patty burger that costs nearly $300. Which is how, 69 years after Burger King was founded, we find ourselves staring a monstrous, 100-patty burger straight in the face. July 2023: Burger King Thailand unleashes the "Real Cheese Burger" upon the world, featuring twenty slices of cheese and nothing else between two buns. July 2023: A week after the debut of the real cheese burger, the Thai chain one-ups itself by releasing the Real Meat Burger, a vegetarian's nightmare consisting solely of patties. And while Burger King might have the spotlight right now, the competition is stiffer than ever.

Persons: Burger, McDonald's, Burger King, Marielle Descalsota, hadn't Organizations: Burger King, Service, McDonald's, Burger Locations: Burger, Burger King Thailand, Wall, Silicon, Burger King Brazil, Thai, Bangkok

[1/5] A Domino's staff member stands next to a sign for a 49-rupee pizza at a restaurant in Noida, India, July 4, 2023. A: With the world's cheapest Domino's pizza. "You are coming to the store or open the app, because there is a 49-rupee callout," he said, adding that Domino's global team supported the plans. Domino's global HQ referred queries about India to its local franchisee. When Khetarpal visited Domino's stores in Chennai and other cities, he said he saw customers emptying out their pockets and only being able to scrape together 49 rupees.

Persons: Adnan Abidi, Sameer Khetarpal, Khetarpal, Merrill Pereyra, They'll, Akshay Jatia, Westlife, It's, Devanshu Bansal, Kiran Raj, Praveen Paramasivam, Aditya Kalra, Saurabh Sharma, Jatindra, Brenda Goh, Hilary Russ, Abhirup Roy, Miyoung Kim, Pravin Organizations: REUTERS, U.S, India, Sapphire Foods, Domino's, Burger King's, Restaurant Brands, Euromonitor, Yum Brands, Global Financial Services, Pravin Char, Thomson Locations: Noida, India, CHENNAI, DELHI, America, Shanghai, San Francisco, Burger, zeroing, Pizza, New Delhi, Chennai, Burger King's India, United States, U.S, Lucknow, Bhubaneswar, New York, Singapore

The U.S. Securities and Exchange Commission (SEC) had accused Ripple Labs and its current and former chief executives of selling unregistered securities when conducting a $1.3 billion offering for XRP, which was created in 2012. Shares in Coinbase, which is also embroiled in litigation with the SEC over its trading of crypto tokens, surged 24.5% on Thursday following the decision, finishing at $107. Coinbase said it would allow trading of the XRP token again on its platform in line with the court ruling. Bitcoin , the world's largest cryptocurrency, was last up 4.1% at 31,584 while Ethereum , the world's second-largest cryptocurrency, rose 6.43% to $1,993.3. Reporting by Chibuike Oguh in New York; editing by Michelle Price and Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Coinbase, We've, Analisa, Torres, Paul Grewal, Chibuike Oguh, Michelle Price, Deepa Babington Organizations: YORK, Coinbase Global Inc, Ripple Labs, U.S . Securities, Exchange Commission, SEC, Labs, Inc, Marathon Digital Holdings Inc, Microstrategy Inc, Mining Corp, Twitter, Thomson Locations: U.S, Coinbase, New York

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