Iran Seizes Two Ships In Hormuz Chokepoint As Tehran Received 'Some Signs' U.S. Ready To End Blockade

The US used a new missile in a strike on the first day of the US-Israeli war against Iran that hit a sports hall and an adjacent elementary school in the Iranian city of Lamerd, killing at least 21 people in the area, The New York Times has reported. The report, which cited weapons experts […]

Yum Unloads Pizza Hut Chain As Private Equity Takes On Turnaround Challenge Yum! Brands agreed to sell its iconic Pizza Hut chain for $2.7 billion following a strategic review, separating the struggling pizza brand from its broader restaurant portfolio, which includes KFC, Taco Bell, and The Habit Burger Grill. LongRange Capital will acquire Pizza Hut's business outside China for $1.5 billion, while Yum China will buy the China business for $1.2 billion. Both transactions are expected to close in the third quarter. The Stamford, Connecticut-based private equity firm typically invests in...

More Mystery Drone Incidents In EU Skies As Putin Mocks: "The Russians Are Coming!" Flights at Germany's Munich Airport were once again temporarily suspended on Saturday after a drone sighting was reported, eliciting a response from a large number of police and security services personnel. Euronews reviews in the wake of the incident, which ended with the key European hub resuming regular operations after no UAV was found or identified, "Munich Airport closed twice within 24 hours in October following suspected drone sightings." This is the latest in a months-long spate of...