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House Foods Sells CoCo Ichibanya for ¥200B+ as Tokyo Exchange Pressures Parent-Child Breakup
House Foods sells CoCo Ichibanya curry chain for ¥200B+ via MBO. Record ¥655B revenue, but Tokyo Exchange pressure and capital efficiency goals force breakup of 11-year ownership.
Xiaomi 18 Pro Max Launches September 23 With 8,500mAh Battery
Xiaomi 18 Pro and 18 Pro Max launch September 23 with 8,500mAh batteries, 4,000-nit privacy displays, and dual 200MP Leica cameras. Meyka rates 1810.HK B+.
Wendy’s Largest Franchisee Files Chapter 11 as Beef Costs, Discounts Crush Margins
Meritage Hospitality, one of Wendy’s largest franchisees with 314 locations, files for Chapter 11 bankruptcy citing 48% earnings collapse, beef inflation, and weak marketing under prior leadership.
WETH USD Climbs 8.6% to $2,658 as RSI Nears Overbought
Wrapped Ethereum surges 8.6% to $2,658.14 in 24 hours with RSI at 68.7 and volume 46% above average.
German Entrepreneur Wanja Oberhof Arrested in New York on $2.5M Fraud Charges
German entrepreneur Wanja Oberhof arrested in New York for allegedly defrauding former Siemens CEO Klaus Kleinfeld of $2.5 million through a wellness app investment scheme.
Judge Blocks Trump’s Kennedy Center Demolition Threat; Thousands Protest September 20
Federal Judge Christopher Cooper blocked Trump’s Kennedy Center name and ordered 30 days’ notice before any demolition. Thousands protested Friday as Trump threatens to withhold $257M in repairs.
Anthony Loke Resigns as Transport Minister Over Najib House Arrest
Malaysian Transport Minister Anthony Loke resigns in protest after former PM Najib Razak granted conditional pardon to serve jail term under house arrest. DAP stays in government to maintain stability.
Ratcliffe Doubles Down on UK Criticism; Man United Fans Demand His Exit
Manchester United co-owner Sir Jim Ratcliffe faces fresh backlash after doubling down on immigration criticism during BBC interview. Muslim supporters’ club demands his exit.
Houthis Seize Red Sea Strait as Italy Deploys Navy on September 19
Houthis control Bab al-Mandeb Strait after September offensive. Italy deploys navy independently. 12% of global trade at risk as shipping costs soar and regional conflict escalates.