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Yum Brands’ recent quarter report highlighted a variety of challenges that the company is facing, particularly with declining same-store sales at both Pizza Hut and KFC. CEO David Gibbs pointed out that factors such as the impact of the Middle East conflict and a more cost-conscious consumer have created headwinds for sales. This situation poses
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India is currently experiencing a significant rise in ultra high net worth individuals (UHNWIs), with growth rates set to skyrocket in the coming years. Mumbai, India’s financial center, has surpassed Beijing as Asia’s top billionaire hub, coming in third globally after New York and London in terms of billionaire count. This growth is indicative of
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DraftKings, a well-known mobile betting platform, recently made headlines by announcing a tax on consumers in states with high sports betting tax rates. The company revealed its plans to implement a gaming surcharge on winning bets in states where the tax rate is above 20%. This decision is aimed at boosting the profitability of DraftKings
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