fbpx

McDonald’s to sell all 850 Russian restaurants due to Ukraine invasion

McDonald’s to sell all 850 Russian restaurants due to Ukraine invasion
May 16 2022 Share

Fast food giant McDonald’s will be exiting the Russian market and wills ell all of its 850 outlets in the country following Moscow’s invasion of Ukraine.

Back in March, McDonald’s announced it will be closing down the restaurants, where it employed upwards of 62,000 people. 

However, on Monday, the mega business went a step further and revealed that after more than 30 years of operations in Russia, it will be exiting the market in the country and will sell all. 

A statement issued by the brand revealed that ‘the humanitarian crisis caused by the war in Ukraine, and thee precipitating unpredictable operating environment, have led McDonald’s to conclude that continued ownership of the business in Russia is no longer tenable, nor is it consistent with McDonald’s values.’

After the sale, the restaurants will no longer be allowed to use the name, logo, branding or menu of McDonald’s. 

Russia accounts for 9% of the company’s revenue and 3% of its operating profit. Chief executive Chris Keempczinski said that the brand is exceptionally proud of the 62,000 employees who worked in the restaurants. ‘Their dedication and loyalty to McDonald’s make today’s announcement extremely difficult.’

Guess the Russian guy who hoarded Big Macs when the war broke out was right after all…

#MaltaDaily

Malta daily Facebook 970x90

PN call on government to continue hybrid car subsidies

PN call on government to continue hybrid car subsidies
May 16 2022 Share

The Nationalist Party is calling on the government to continue subsidies for the purchase of plug-in-hybrid vehicles after this year’s fund was quickly taken up.

The call came from PN transport spokesperson Adrian Delia and climate change spokesperson Eve Borg Bonello one week after the government pledged to prioritise the climate change battle. 

The subsidies are designed to enable people buy new cars that are either electric or plug-in hybrids. The grant for plug-in hybrids will end in May. 

The two MPs said that this is either a mistake or a lack of communication between the ministries. ‘The PN appeals for these subsidies to continue being given, and increased further’ they said on Monday. 

‘Climate change is posing a serious threat, particularly for a country with a Mediterranean climate that is already hot… the government has to be proactive to reach its European goals of decarbonisation in the economy and infrastructure’ they said. 

Borg Bonello and Delia recalled the declaration by the government and the opposition of a climate emergency in 2019, with a resolution approved by parliament. 

#MaltaDaily

Kourtney Kardashian and Travis Barker are officially legally married

Kourtney Kardashian and Travis Barker are officially legally married
May 16 2022 Share

Kourtney Kardashian and Travis Barker have officially tied the knot after just one year of dating. The couple exchanged vows on the steps of a courthouse in Santa Barbara, California. 

Kardashian was dressed in a classic white dress and veil as the Blink 182 drummer celebrated his big day in a black suit. The newlyweds did not opt for a big event but a small gathering of close friends and family. 

The couple left the venue in a black lowrider convertible, with a sign reading ‘Just Married’ attached to the vehicle as cans tied to the rear of the car clattered behind them in classic fashion. 

The ceremony was a step towards bigger plans, TMZ reported, saying that they had to get legally married ahead of their big Italian wedding set to happen very soon. 

This event was the second of three steps marking the couple’s move into married life. Earlier this year, the couple underwent a commitment ceremony at One Love Wedding Chapel, with a ceremony conducted by an Elvis Presley impersonator. 

#MaltaDaily

Woman dies after falling at Marsa construction site

Woman dies after falling at Marsa construction site
May 16 2022 Share

64-year-old Agostina Grech has been identified as the women who lost her life after falling at a Marsa construction site. 

The incident happened yesterday, Sunday 15th May 2022, in Azzopardi street at around 2:15pm. The woman was generous delivering some food to the people who were painting the premises when the accident happened. 

A medical team arrived on site to assist but the woman was pronounced dead on site. She had fallen from a one storey height at the construction area. 

Our deepest condolences to all her loved ones.

#MaltaDaily

Photo Source: TVM