Sailormen Inc. liquidates all Popeyes restaurants, shutting 39 unsold locations amid rising costs and debt pressures. Popeyes Louisiana Kitchen franchisee Sailormen Inc. will permanently close 39 locations after failing to sell them during its bankruptcy proceedings. The c
European facilities now handle 50% of new drug dose manufacturing contracts, up from 25–35% in 2023, while US share stagnates at 18%. European contract manufacturing facilities secured 50% of dose outsourcing contracts for newly approved drugs in 2025, nearly doubling thei
DBS Group Research economist Radhika Rao notes that Indonesia’s onshore FX and bond markets have stabilised following a correction in global Oil prices, though gains are modest. She highlights USD/IDR’s move below 18000, persistent underperformance versus regional peers, a
USD/JPY falls 0.92% on Thursday and trades around 161.05 at the time of writing after a much weaker-than-expected US employment report weighs on the US Dollar (USD). Data released by the Bureau of Labor Statistics (BLS) showed that Nonfarm Payrolls (NFP) increased by only
Gold (XAU/USD) trades on the front foot on Thursday as the US Dollar (USD) weakens amid rumors of a potential intervention by Tokyo after the Japanese Yen (JPY) hit a 40-year low earlier this week. The Greenback extended its losses following a weaker-than-expected US Nonfa
The consumer goods giant rolls out its electrolyte drink brand to Spain, Germany, France, Sweden, and Iceland, targeting 15 global markets. Unilever is launching its Liquid IV hydration brand in five additional European countries, including Spain, Germany, and France. The
Top online banks offer 3-5x higher CD rates than the 1.65% national average, significantly boosting returns on large balances. A $55,000 certificate of deposit at top online banks can earn hundreds of dollars more monthly than the national average 1.65% APY. Rates at leadi
New Zealand’s central bank maintains its Monetary Policy Committee size after a split May decision, with housing data showing mixed signals. The Reserve Bank of New Zealand will retain its six-member Monetary Policy Committee, with three internal and three external members
June US Nonfarm Payrolls rose by 57K, far below the 110K forecast, weighing on the USD and Fed rate hike bets. USD/CAD fell 0.26% to 1.4180 on Thursday, touching a one-week low of 1.4150 after US jobs data disappointed. The US economy added 57K Nonfarm Payrolls in June, mi
France’s Second-Largest Bank in Exclusive Talks to Acquire Meria According to BlockStories, CACEIS, the custody banking subsidiary of France’s second-largest bank, Crédit Agricole, is in exclusive talks to acquire French crypto investment platform Meria. Formerly known as
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