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US consumer inflation unexpectedly up, Trump blames Biden
US consumer inflation unexpectedly up, Trump blames Biden
by  AFP

US consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril for President Donald Trump, who quickly blamed the uptick on his predecessor Joe Biden. Trump wrote in a post on his Truth Social account shortly after the data was published, seeking to blame his Democratic predecessor for the CPI increase.

Bankrupt ex-Turkey operator of KFC, Pizza Hut says wages to be paid
Bankrupt ex-Turkey operator of KFC, Pizza Hut says wages to be paid
by  AFP

The former operator of the KFC and Pizza Hut franchises in Turkey on Wednesday promised to pay the outstanding salaries of its 7,000 staff just days after filing for bankruptcy. IS Gida, the franchise operator, filed for bankruptcy last week with its CEO Ilkem Sahin saying it had an outstanding debt of 7.7 billion Turkish liras ($214 million).

Heineken shares pop on bubbly beer sales
Heineken shares pop on bubbly beer sales
by  AFP

Shares in Dutch brewer Heineken fizzed at the market open on Wednesday, as traders cheered better-than-expected beer sales despite a slight dip in overall turnover. Heineken sales figures overall registered a slight dip last year, mainly due to currency fluctuations.

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