KFC fast food chain launched vegan Beyond Fried Chicken with chicken substitutes in a restaurant in Atlanta. “It’s confusing, but it’s amazing,” the company said. The menu of this restaurant will include "boneless wings" from the same manufacturer. The wings will cost $ 1 each, and nuggets will cost $ 6.49 for six and $ 8.49 for a dozen, CNN reports. The experiment is supposed to be limited to...

The oil company wants to invalidate the $ 2 million fine from the US Treasury. ExxonMobil and the US Treasury will meet in a Texas court over Russian oil company Rosneft, or rather, over a fine that the agency imposed on the American oil company, accusing it of violating Washington’s anti-Russian sanctions. However, the oil concern believes that they did not violate anything: at the time of the...

Former Head of Nissan Motor, Carlos Ghosn, built a parallel business with his son as an investor in Silicon Valley, using the millions of dollars he received from the top manager of Nissan's partner company from Oman, The Wall Street Journal writes. The actions, which were known only to a small circle of people, may entail the most serious accusations in the framework of a large-scale...

Amid a slowdown in online business growth, the American retailer is considering the prospects of retail stores. The US retail giant is opening another 4-Star store in Boston plus one more Amazon Books outlet in Nashville. Thus, the retailer is expanding its offline retail presence by betting on projects other than Whole Foods. The latter accounts for the lion's share of Amazon’s  offline...

Net profit attributable to shareholders of the world port operator DP World (owned by the government of the emirate of Dubai) grew by 26.8% in annual terms to $ 753 million in the first half of the year. Earnings per share were $ 0.9 versus $ 0.72 a year earlier. EBITDA rose 21.9% to $ 1.611 billion. Revenue increased by 31.9% to $ 3.46 billion. The company explains the increase in revenue by...

IPO Saudi Aramco is one step closer to reality. A few days ago, the state-owned oil company of Saudi Arabia called on a number of banks to take part in the long-awaited IPO. Aramco's formal request that banks put forward their proposals is already a positive development for the IPO, although banks expect the largest IPO to be ahead of the difficult period. Last week, Aramco Senior Vice...

Profit of the Chinese electronics manufacturer Xiaomi Corp did not satisfy expectations in the second quarter of 2019 amid weak demand for smartphones in the face of a slowdown in the PRC economy. According to a press release of the company, its profit in April-June fell to 1.96 billion yuan ($ 278 million) from 14.63 billion yuan in the same quarter last year. Analysts polled by Bloomberg...

The largest customer of the Bolivarian Republic fears US sanctions. China National Petroleum Corp., the largest buyer of Venezuelan oil, suspended August shipments following introduction of recent US sanctions against South American exporters. This was reported by Reuters with reference to two senior sources in Beijing.  Recall that on August 5, Washington tightened sanctions against...

The current indicator grew by 5% from April 2018 to March. The total capitalization of the hundred largest world companies for the first time exceeded $ 21 trillion, according to PricewaterhouseCoopers. The market value of hundreds of enterprises under consideration increased by more than 5% compared with the last year. At the same time, experts note that the growth rate in 2018 was higher by...