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Casual Dining Chains Vie for Market Share as Occasions-Based Dining Returns

Casual dining chains like Chili's, Olive Garden, and Texas Roadhouse are competing to become the go-to for special occasions as consumers return to pre-COVID habits. Despite industry fragmentation, brands that leverage scale, marketing, and technology have significant market share opportunities. Inflation, fast-casual players, and breakfast-focused chains like Denny's and Cracker Barrel pose challenges, but value deals and convenience remain key drivers.

EU completes probe into social media platform X, set to impose fine - Handelsblatt

The European Commission has completed its initial probe into social media platform X and will decide whether to impose a fine worth millions of euros

Indonesia approves 2025 nickel mining allocation of 298.5 mln WMT

Indonesia has approved a nickel mining quota of 298.5 million wet metric tonnes for 2025, up from 271.89 million tonnes last year, despite reports of a quota cut, a nickel miners' association said in a parliamentary hearing.

HSBC Shuts Down Int'l Payments App Zing, Potentially Cutting 400 Jobs

HSBC to Shut Down International Payments App Zing, Potentially Resulting in 400 Job Losses

Oil Edges Lower on Rising Stockpiles, Trump Trade Concerns

Oil inches lower after API report shows first gain in U.S. crude stockpiles since mid-November; market awaits further trade pledges from President Trump.

Global Stocks Gain With Risk Appetite Boosted by AI Optimism

European stocks near record high as AI spending optimism offsets tariff concerns. US equity futures gain, led by tech stocks. Market faces uncertainty over Trump administration's policy overhaul.

Trump's Tariffs Leave Dollar Direction Uncertain

The US dollar is near lows as investors weigh the latest tariff talk from President Trump. The move surprised investors, as an emergency order would have allowed immediate tariff increases. Instead, Trump issued a memorandum directing federal agencies to evaluate US trade policy. The dollar is sensitive to the tariff outlook, and the lack of day-one blanket tariffs suggests that the market may have overreacted to the election. However, analysts warn that uncertainty around the timing of tariff increases remains and that a strong dollar could hurt stocks and emerging markets.

Trump Faces Debt Ceiling Deadline on Day Two

President Trump's first day in office saw a flurry of executive orders but the second day brings a more complex issue: the debt ceiling. Trump and congressional leaders will meet to discuss maintaining US creditworthiness and the ability to service the $36 trillion debt.

ECB rate cut now seems like a done deal after Trump holds back on trade tariffs

ECB policymakers see relief as first-day trade fears wane, rate cuts remain likely

Zomato, Swiggy Slump on Intensifying Quick-Commerce Competition

Zomato and Swiggy shares plunge on earnings concerns; competition intensifies in quick-commerce space.