Europe stocks dip as Italian banks hit by windfall tax
By Shashwat Chauhan (Reuters) -European shares dropped on Tuesday as Italian banks came under pressure after the cabinet approved a
2023-08-08 17:54
Mixed year for French wine but champagne fizzes
PARIS French wine production in 2023 is expected to be near the average of the last five years,
2023-08-08 17:48
Stock market today: Global markets lower ahead of US inflation update
Global stock markets and Wall Street futures are lower ahead of this week's U.S. inflation update
2023-08-08 17:30
US inflation has steadily cooled. Getting it down to the Fed's target rate will be the toughest mile
Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation for more than two years
2023-08-08 17:20
China's car sales fall for 2nd month in July as price war continues
By Qiaoyi Li and Miyoung Kim BEIJING (Reuters) -China's passenger vehicle sales fell for a second month in July, as
2023-08-08 17:19
Greek EU-harmonised inflation rises to 3.5% y/y in July
Greece's annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesday. EU-harmonised
2023-08-08 17:18
Why is MrBeast being sued by the company making his burgers?
YouTuber MrBeast is being counter-sued for $100 million by Virtual Dining Concepts, the company behind Beast Burger restaurants. MrBeast, whose real name is Jimmy Donaldson, shared in June that he was going to be “moving on” from his Beast Burger restaurants in order to concentrate more on his snack business with his chocolate bar brand Feastables. Just over two years ago Donaldson partnered with Virtual Dining Concepts (VDC) to launch over 2,000 ‘ghost kitchens’ to make Beast Burger available across the United States. VDC are suing Donaldson for failing to honour his contractual obligations, as well as intentional tortious interference. The lawsuit was filed on Monday morning in the Supreme Court of the State of New York for the County of New York. Sign up to our free Indy100 weekly newsletter The suit, obtained by Variety, is a response to Donaldson suing VDC and its parent company last month, wanting to terminate the deal for his restaurant chain, alleging the burgers it served were called “disgusting,” “revolting” and “inedible” which damaged his reputation. Last week, VDC hit back at the suit claiming it was “riddled with false statements and inaccuracies”, as well as calling it “meritless” and “ill-advised”. “This case is about a social media celebrity who believes his fame means that his word does not matter, that the facts do not matter, and that he can renege and breach his contractual obligations without consequence,” the suit states. “He is mistaken.” The counter-suit claims that Donaldson had breached the parties’ agreements and interfered with business dealings. As a result, it has damaged the reputation of MrBeast Burger and VDC, turned away customers and ruined relationships with suppliers and vendors. The lawsuit also contains examples of deleted tweets from the YouTube star’s account where he writes that he wished to close the burger business, writing: “the company I partnered with won’t let me stop even though it’s terrible for my brand.” VDC was co-founded by Robert Earl, who is the founder and CEO of Planet Hollywood. The company has backed celebrity brands including those from Mariah Carey and Mario Lopez. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-08-08 16:48
German airport operator Fraport sees earnings boost on high travel demand
(Reuters) -Frankfurt Airport operator Fraport on Tuesday said its 2023 core profit would hit the upper half of its forecast
2023-08-08 16:47
Euro zone consumers expect lower inflation, sluggish housing prices - ECB poll
FRANKFURT Euro zone consumers expect inflation to keep slowing in the next months and years but remain pessimistic
2023-08-08 16:26
Investors bet on state-backed developers as Chinese property begins recovery
By Li Gu and Summer Zhen SHANGHAI/HONG KONG Investors betting on recovery in China's battered property sector are
2023-08-08 16:23
Wemade’s MMORPG MIR M Updates New Inter-server Area ‘Prajna Island’
SEOUL, South Korea--(BUSINESS WIRE)--Aug 8, 2023--
2023-08-08 16:20
Biden to announce historic Grand Canyon monument designation during Arizona visit
President Joe Biden will use his visit to Arizona to formally announce a national monument designation for the greater Grand Canyon
2023-08-08 15:55
