Friday☕️

Friday☕️

Trending:

  • U.S. F-16 Shoots Down Turkish Drone
  • Toys "R" Us Return

Markets:

  • Yesterday's U.S. stock market:
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  • Yesterday's commodity market:
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U.S. F-16 Shoots Down Turkish Drone:

  • A U.S. F-16 jet intercepted and shot down a Turkish drone flying near American troops at the Tal Baydar base in northeast Syria. The drone, owned by Turkey and armed with missiles, was perceived as a threat.
  • Prior to this event, aerial systems were seen executing airstrikes close to the American forces, prompting them to take shelter. When the drone re-entered the restricted zone, it was taken down by the U.S. This incident comes amid Turkey intensifying its attacks on Kurdish forces after a bombing in Ankara.
  • The U.S. has communicated its right to self-defense to Turkey, and no Americans were injured in this occurrence. The Pentagon emphasized that there's no evidence suggesting Turkey aimed at the U.S. troops deliberately. Both countries' defense leaders communicated post-incident, discussing their roles in Syria and emphasizing collaboration.
  • Recent Turkish threats include targeting infrastructure connected to the PKK or SDF, groups they see as adversaries. The U.S. continues its presence in Syria with around 900 troops, partnering with the SDF against ISIS. Turkey has been a member of NATO since 1952.

Toys "R" Us Return:

  • The parent entity of Toys "R" Us revealed intentions to launch as many as 24 outlets across the U.S. Founded in 1957, Toys "R" Us rapidly rose to prominence in the retail sector. However, due to challenges in transitioning to the digital marketplace and mounting debts, the company filed for bankruptcy in 2017.
  • By early 2021, all its US locations were shuttered. Later that year, WHP Global acquired the Toys "R" Us trademark, inaugurating a flagship store in New Jersey and establishing compact outlets within Macy's premises. Currently, WHP is set to expand by introducing 24 new locations in the US, strategically placing them in airports and aboard cruise liners.

Statistic:

  • Largest alcoholic beverage companies by market cap:
  1. 🇨🇳 Kweichow Moutai: $309.47B
  2. 🇧🇪 Anheuser-Busch Inbev: $106.56B
  3. 🇬🇧 Diageo: $84.56B
  4. 🇨🇳 Wuliangye Yibin: $82.99B
  5. 🇳🇱 Heineken: $51.27B
  6. 🇺🇸 Constellation Brands: $44.24B
  7. 🇨🇳 Luzhou Laojiao: $43.68B
  8. 🇫🇷 Pernod Ricard: $42.48B
  9. 🇧🇷 Ambev: $39.62B
  10. 🇺🇸 Brown Forman: $27.52B
  11. 🇭🇰 Budweiser APAC: $26.71B
  12. 🇨🇳 YANGHE: $26.71B
  13. 🇯🇵 Asahi Group: $19.20B
  14. 🇩🇰 Carlsberg: $18.57B
  15. 🇭🇰 China Resources Beer: $17.93B
  16. 🇨🇳 Tsingtao: $13.64B
  17. 🇮🇹 Davide Campari-Milano: $13.53B
  18. 🇺🇸 Molson Coors: $12.77B
  19. 🇯🇵 Kirin Holdings: $11.36B
  20. 🇹🇭 Thai Beverage: $10.06B
  21. 🇯🇵 Suntory: $9.40B
  22. 🇮🇳 United Spirits: $8.62B
  23. 🇲🇽 Becle: $8.28B
  24. 🇫🇷 Rémy Cointreau: $6.17B
  25. 🇵🇭 Emperador Brandy: $5.78B

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Thanks for reading!

TIME IS MONEY: Your Free Daily Scoop of Markets📈, Business💼, Tech📲🚀, and Global 🌎 News.

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Thanks for reading!

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The news you need, the time you