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Yum! Brands (YUM.N): Pizza Hut in mainland China will be acquired by Yum China.

2026-06-16

Yum! Brands (YUM.N): Pizza Hut in mainland China will be acquired by Yum China.

Other News
2026-06-16

Fed chair Kevin Warsh has expressed a preference for the trimmed-mean PCE, which excludes extreme price moves before calculating a weighted average. Boston College economist Brian Bethune said the trimmed-mean PCE is not the most reliable gauge: it p

Fed chair Kevin Warsh has expressed a preference for the trimmed-mean PCE, which excludes extreme price moves before calculating a weighted average. Boston College economist Brian Bethune said the trimmed-mean PCE is not the most reliable gauge: it performs best when inflation shocks mirror the 2009–2019 pre-pandemic period, when positive and negative shocks were balanced. When price shocks are predominantly upward — supply disruptions, tariffs, oil-price spikes or large one-off events such as the World Cup — the metric tends to understate inflation, he said, and he hopes someone will challenge Warsh on the point. Regardless of the chosen gauge, US inflation has remained above the Fed's 2% target since spring 2021.
2026-06-16

QatarEnergy, which operates the country’s LNG facilities, told buyers it plans to rapidly ramp output after safe passage through the Strait of Hormuz is restored, targeting roughly 50% of capacity within one month and about 80% within two months. The

QatarEnergy, which operates the country’s LNG facilities, told buyers it plans to rapidly ramp output after safe passage through the Strait of Hormuz is restored, targeting roughly 50% of capacity within one month and about 80% within two months. The remaining capacity — equivalent to two liquefaction trains damaged by Iranian missile strikes in March — will take years to fully restore. The guidance is conditional on resumption of secure shipping through the strait.
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