Cristiano Ronaldo’s simple gesture results in $4 billion loss for Coca-Cola

Jun 16 2021

Portugese player Cristiano Ronaldo broke the internet after removing two Coca-Cola bottles during a press conference and promptly urging everyone to drink water. However, this simple manoeuvre and his dislike for soft drinks resulted in huge negative financial impact for the brand itself. Spanish outlet Marca reported that the share price of the company before and after the gesture led to billions of dollars in losses.

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Coca Cola allegedly went from being worth $242 billion to $238 billion – a 1.6% drop for the company’s position on the stock market. The whopping $4 billion drop affected Coca-Cola’s shares so much that when the stock market opened at 3pm in Europe, the shares dropped from $56.10 to $55.22 per share. Coca-Cola have not yet commented on the incident.

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Photo Source: GiveMeSport

Hungary vs Portugal match attended in full 61,000 capacity

Jun 16 2021

Budapest’s Puskas Arena hosted a full capacity crowd of around 61,000 spectators yesterday during Hungary’s match against Portugal for the opening game of Euro 2020’s Group F. Despite Wembley only operating at 25% for last Sunday’s England vs Croatia, with the former emerging victorious, Hungary’s vaccination programme has prompted the national football association to allow full capacity. Hungary, its estimated, has around 5.3 million people out of its total 9.8 million vaccinated prior to Euro 2020’s start on June 11th.

Hungary vs Portugal match attended in full 61,000 capacity

Prime Minister Viktor Orban made use of vaccines from Russia and China to speed up the jab process and was thus able to ease restrictions ahead of the match. Indoor meetings, cinemas, theatres and restaurants are also open in Hungary for those who can prove immunity. International fans had to provide negative PCR test proof within 72 hours of the match.

Hungary vs Portugal match attended in full 61,000 capacity

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Photo Source: Daily Star, AFP

X Factor Malta is back for season 3

Jun 16 2021

Its official – X-Factor is back for its third edition in Malta. Despite not much information has been unveiled yet, the news has hit social media and singers are already gearing up to contest and try and make their way to victory.

The first season was won by Michela Pace, followed up by Destiny Chukunyere in the second season. Both represented Malta in the Eurovision Song Contest as Malta’s song ambassador.

We’ll have to see what talent will emerge through this exciting show which brings families and groups of people to enjoy a series all about music and art. We simply cannot wait!

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Photo Source: X-Factor Malta FB

Boulders placed at Mistra beach to prevent caravans from parking

Jun 15 2021

Limestone boulders have been placed by Infrastructure Malta at Mistra Bay to stop motorists from driving onto the protected beach or caravans from parking along perimeter. Authorities have been sued for their inaction after the issue remained a longstanding problem for beachgoers. A spokesperson for Infrastructure Malta told Times of Malta that the boulders were placed on Tuesday morning in response to requests by Ombudsman, ERA and other entities to protect access to the beach.

More boulders are yet to be placed as caravans parked in the area prevented the full placing from being completed. Infrastructure Malta is also set to paint new road markings and install road signs, thus marking clearly where caravan drivers or motorcycles drivers can park the vehicle.

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Photo Source: Infrastructure Malta FB