Australian fast-food chain Guzman y Gomez will withdraw from the US due to poor performance, shifting focus to Singapore and Japan markets.
US inflation jumps to 3.8% as energy costs surge from Iran war
US inflation hits 3.8% in April, driven by rising energy costs due to Iran war, impacting consumers and monetary policy outlook.
China consumer, wholesale inflation tops estimates in April as Iran war drives energy costs higher
China’s consumer and producer inflation exceeded expectations in April, driven by rising commodity prices amid Iran conflict, impacting global markets.
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