McDonald’s: Global sales and profit surge past Wall St targets as restaurants reopen July 28, 2021 Global sales and profit for McDonald’s surged past Wall Street targets today as restaurants reopened despite staffing shortages and consumers lapped up a wildly popular celebrity meal inspired by South Korean pop band BTS. Watch the full report.
Instagram influencer told to pay £40,000 after false surgeon claims following Brazilian butt lift July 28, 2021 A social media influencer who posted “totally false” allegations online about a leading cosmetic surgeon after undergoing Brazilian butt lift surgery has been ordered to pay him £40,000 after he won a High Court libel fight. Paulina Sobierajska was sued by Dr Alexander Amir Aslani, who works at a clinic in Marbella, Spain, and has [...]
Fed says US economy has ‘made progress’ but holds rates at near-zero July 28, 2021 The Federal Reserve deems the US economy to be “strengthening” despite rising coronavirus cases, but not so much that it feels ready to wind down its economic support policies. In a new policy statement released on Wednesday following its two day meeting, the US central bank said: “With progress on vaccinations and strong policy support, [...]
Rio Tinto pays out $9.1bn in dividends following record earnings July 28, 2021 Rio Tinto logged a record first half performance today, underpinned by soaring iron ore prices on strong demand from China, which led the global miner to pay out a bonanza of $9.1bn in dividends. Watch the full report.
Nissan: Strong US demand and weak yean result in surprise profit July 28, 2021 Nissan posted a surprise profit in its latest quarter, helped by a weaker yen and stronger U.S. demand. Watch the full report.
Boeing posts first profit in two years as 737 MAX jets deliveries take off July 28, 2021 Boeing posted its first profit in almost two years, as deliveries of its best-selling 737 MAX jets to airlines gained traction amid a sharp rebound in travel bookings following an increase in global Covid-19 vaccinations. Watch the full report.
Watch: North Korea’s Covid lockdown is ‘harsh as war’ July 28, 2021 North Korea’s leader Kim Jong Un says that prolonged lockdowns to prevent coronavirus has forced the country to face hardships “no less harsh” than a wartime situation. Watch the full report.
Watch: CCTV images show Cuban embassy in Paris being attacked July 28, 2021 Cuba’s foreign ministry has released surveillance footage of a petrol bomb attack on their embassy in Paris. Watch the full report.
UK foreign secretary: Entire world should be vaccinated by middle of next year July 28, 2021 British Foreign Secretary Dominic Raab warned today that the world would not be vaccinated until 2024 under current rates and urged other countries to join Britain in donating shots to poorer nations to bring that date forward to the middle of next year. Watch the full report.
Global ETF boom continues with record inflows in first half of the year July 28, 2021 Global exchange traded funds (ETFs) attracted record inflows in the first six months of 2021, as investors poured in amid low interest rates, an equities rally and “cheap money” lending. Investors worldwide ploughed $639.8bn into ETFs between January and June, a half year record and more than double that of the same period last year, according [...]