Keir Starmer attended the G7 summit in Évian, seemingly unaware it would be his last. World leaders, including Macron and Trump, discussed how to handle his delusion, with Starmer insisting he would "fight on" and remain in power indefinitely.
EU gas storage facilities are 44.72% full, with net injections of 18+ bcm since April. This lags behind the five-year average and last year's levels, driven by higher fuel prices and competition with Asia for LNG.
Yum Brands is selling its struggling Pizza Hut chain for $2.7 billion. LongRange Capital will acquire the US business for $1.5 billion, while Yum China will buy the mainland China operations for $1.2 billion. The sale aims to allow Yum Brands to focus on stronger-performing brands.
Zepto, a leading quick-commerce platform in India, has filed draft papers for an IPO, seeking to raise funds for expansion and offering investors a detailed look into its business model. The company aims to address the ongoing debate about the sector's profitability.
Geely's ZXMOTO brand enters the World Superbike Championship (WSBK) in the WorldSSP category. This move aims to enhance Geely's global image and technological prowess, challenging European and Japanese dominance in the sport.
Kevin Kotoko and Austin Franklin were selected from thousands to watch all 104 World Cup games for $50,000 each from a custom-built cube in Times Square. They will create social media content and engage with fans during the tournament.
ByteDance and Tencent Holdings are cutting prices for their AI models, joining rivals like Xiaomi and Alibaba in a price war sparked by intense competition in China's AI market. ByteDance's Seedance 2.0 Mini is now half price, while Tencent reduced costs on its TokenHub platform. This follows similar moves by other major tech firms aiming to attract users amid a vibrant but crowded AI landscape.
The UK's Competition and Markets Authority (CMA) has approved Associated British Foods' (ABF) £75m acquisition of Hovis. The CMA concluded the deal poses no competition concerns, as Allied Bakeries (AB), ABF's bakery arm, would likely exit the UK market if the takeover failed.
Capri-Sun scheiterte mit einer Petition für die Rückkehr zum Plastik-Trinkhalm und sammelte nur 170.000 statt 1 Million Unterschriften. Das Unternehmen kritisiert Papierhalme und will zurück zu Polypropylen, stößt aber auf Kritik von Umweltschützern.
Capri-Sun scheiterte mit einer Petition für die Rückkehr zum Plastiktrinkhalm. Umweltverbände kritisieren die Bemühungen des Unternehmens scharf.
The Australian Competition and Consumer Commission (ACCC) has sued Grill'd, alleging the burger chain engaged in greenwashing by misrepresenting its 'Tree Day Tuesday' campaign. The ACCC claims Grill'd overstated donations towards tree planting, with only 4% of eligible burger sales resulting in a donation due to restrictive terms.
Capri-Sun-Chef Hans-Peter Wild kritisiert die gescheiterte Petition für Plastikstrohhalme, verteidigt aber die Forderung. Das Unternehmen kämpft seit 2024 für eine Rückkehr zum Plastikstrohhalm, stößt aber auf Kritik von Umweltverbänden.
Capri-Sun kämpft seit 2024 für die Rückkehr zu Plastikstrohhalmen, da Kunden Papierstrohhalme kritisieren. Eine Petition scheiterte, doch das Unternehmen verteidigt die Forderung.
Xpeng vice-chair Brian Gu stated that Chinese EV manufacturers will not initiate a price war in the UK and EU, focusing instead on quality and differentiation to attract customers. Despite intense competition and price cuts in China, European markets are expected to see competition based on features rather than just cost.
Microsoft is reportedly seeking assistance from rival Amazon Web Services (AWS) to manage GitHub's capacity issues, exacerbated by a surge in AI-driven usage. Despite plans to move GitHub to Azure, increasing demand has necessitated a multi-cloud strategy, with GitHub commits projected to reach 14 billion by 2026.
The Australian Competition and Consumer Commission (ACCC) has sued Grill'd, alleging the burger chain engaged in greenwashing by overstating donations for its Tree Day Tuesday campaign. The ACCC claims Grill'd misrepresented that $1 from every Tuesday burger would be donated, when restrictive terms meant only 4% of sales qualified, resulting in only $250,000 donated over three years.
The UPSC Civil Services Prelims 2026 results show a shrinking shortlist for Mains, with 13,343 candidates qualifying, down from 14,161 last year. The Indian Forest Service (IFoS) shortlist saw a near halving. This indicates a tighter selection process and increased competition for coveted government jobs.
Cape Verde achieved a historic 0-0 draw against favorites Spain in their first-ever World Cup match. Despite Spain's dominance in shots, Cape Verde's defense and late chances secured a point, marking a monumental achievement for the small island nation.
Turkic states are moving beyond cultural links towards deeper economic integration, focusing on competition policy, digital cooperation, and strategic connectivity. The 3rd Meeting of Heads of Competition Authorities of the Organisation of Turkic States (OTS) in Shusha emphasized practical implementation and cross-border collaboration to prevent monopolies and promote fair trade.
Salesforce announced its acquisition of AI customer service platform Fin for approximately $3.6 billion. The deal aims to enhance Salesforce's Agentforce platform by integrating Fin's AI agent capabilities across various communication channels.
Fifa plans a symbolic opening match between Israel and Palestine for a new U-15 tournament in the US this September. Despite a previous failed handshake attempt, Fifa President Gianni Infantino aims to use football for peace.
KFC is overhauling its menu with more boneless chicken options, expanded sauce varieties, and new drink lines. The chain is also redesigning restaurants and refreshing its branding to attract diners amid intense competition from rivals like McDonald's and emerging chicken chains.
As the Super Netball regular season concludes, the Adelaide Thunderbirds lead the pack, while the Melbourne Mavericks and West Coast Fever also show strong form heading into finals. Meanwhile, men's netball faces declining support despite growing participation, and the future of the Giants team remains uncertain amid ownership and financial challenges.
Chinese police have dismantled a months-long smear campaign targeting e-commerce platforms Alibaba and JD.com. Chengdu Xiaoben Culture Media, hired by an unnamed company, allegedly created fake images and false information to harm the platforms' reputations and operations.
