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Yum Brands Strikes $2.7 Billion Pizza Hut Sale, Offloading International Operations for $1.5 Billion
Yum Brands has announced one of the biggest restaurant industry deals of 2026 by agreeing to sell Pizza Hut in transactions worth $2.7 billion. The move ends months of strategic review and allows the company to focus on its stronger brands, KFC and Taco Bell. The deal also gives Pizza Hut new owners with different…
Yum! Brands Sells Pizza Hut for $2.7 Billion, Authorizes $4B Buyback
Yum! Brands sells Pizza Hut for $2.7 billion to LongRange Capital and Yum China, authorizes $4 billion share buyback program. Deal closes Q3 2026.
MCX Gold & Silver Rate June 17 Live: Gold Slides to ₹1,52,720, Silver Near ₹2,50,000/kg
Gold and silver prices remained under pressure in early trade on June 17 as investors turned cautious before the upcoming US Federal Reserve policy decision. MCX Gold slipped below the ₹1.53 lakh mark, while silver continued to trade close to the ₹2.50 lakh per kilogram level. Global bullion prices, a stronger US dollar, and profit…
Morningstar: Semiliquid Funds Hit $600B as Private Credit Cools, June 16
Semiliquid fund assets reach $600B as of March 2026. Private credit demand cools while private equity and venture capital attract investor capital.
Venezuela Signs GE Deal to Add 5,000 MW Power Grid Capacity, June 16
Venezuela’s interim government signs GE Vernova electricity deal to restore 1,000 MW in 24 months and 5,000 MW over four years.
Singapore Completes S$120M Tengah Reservoir for 42,000 Homes, June 17
Singapore’s S$120 million Tengah Service Reservoir serves 42,000 homes and industrial precinct, completed November 2025.
Fox Buys Roku in $22 Billion Deal, Stock Drops June 16
Fox acquires Roku for $22 billion in cash-and-stock deal, paying shareholders $160 per share to close streaming and advertising gaps.
US and Iran Sign Peace Deal, Strait of Hormuz Reopens June 17
US and Iran sign preliminary peace deal ending 100-day war. Strait of Hormuz reopens, oil prices fall, ceasefire includes Lebanon.
Yokohama Hosts Flower Festival June 20-21 With Free Live Performances
Yokohama Flower Festival 2026: June 20-21 with free live performances, food vendors, workshops, and shuttle buses from Seya Station.