Chile Markets Defy Predictions of Doom
Problem is, markets seem to be saying the complete opposite.
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Trump, Vance Highlight Crime Crackdown In DC Stops - The Source with Kaitlan Collins - Podcast on CNN Podcasts
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Yahoo
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Surprising time Aussies are ordering Mexican
A fast-growing Australian food chain has revealed the unexpected sales times helping to lift the business to over $1bn in sales. Mexican fast food retailer Guzman Y Gomez has cracked $1bn in sales for the first time and will pay a dividend to investors, as it reveals strong growth in a surprising segment. According to the latest company results, sales lifted 23 per cent of the financial year until June 30 and profits came in at $14m compared to a $13.7m loss last year. It credited growth in its 24/7 outlets, with demand for Mexican food after 9pm and its breakfast menu proving a hit with customers. GYG had 18 restaurants operating 24/7 as at 30 June 2025, with comparative sales growth and restaurant margin above network average. The business says it will continue to rollout 24/7 restaurants across Australia, with 10 further sites already in the pipeline for the next financial year. Overall GYG said same-store sales grew 9.6 per cent and 39 new locations helped drive this result. Comparable sales across Australia, Singapore and Japan came in just 3.6 per cent higher than this time last year. The company expects sales momentum to improve throughout the year with 'menu innovation ... operational excellence, marketing and digital initiatives.' Network margins dipped as the company said it's waiting to pass on inflation through its price menu. Australia has 32 new stores, four were opened in Singapore, one in Japan and two in the US. There are a further 98 restaurants in the Australia to be opened shortly. GYG will pay out a maiden fully-franked dividend of 12.6 cents per share. But it was not enough to impress investors with shares plummeting 20.19 per cent to $23.12 at the time of writing. In June 2024, GYG first listed on the ASX for $22 a share. Investors will be cautious of a slow start to the new financial year with the business saying sales in the first seven weeks rose 3.7 per cent, on the back of timing of its marketing campaign and changes to the menu. The business also flagged challenges getting started in the US. While network sales increased 13 per cent to $12.2m, the underlying earnings before interest, tax, depreciation and amortisation loss doubled to $13.2m. Guzman y Gomez co-chief executive Steven Marks said guests 'love for clean, delicious food' and 'staying true to strategy' was helping to drive the business forward. 'We've delivered an incredible performance this past year, but for us, this is just the beginning,' Mr Marks said. 'At GYG, we're in it for the long haul, building a better, more sustainable way to feed this generation and the next. 'When we stay true to that mission, we know we'll keep creating lasting value for our people, our guests and our shareholders.' Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
an hour ago
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What is the Bishnoi Gang? Why Poilievre is calling for it to be designated a terrorist group
Conservative Leader Pierre Poilievre is the latest politician calling for the federal government to designate the India-based Bishnoi Gang as a terrorist entity. His urging came during a visit to Surrey, B.C. RCMP there announced last month it had made two arrests in an extortion investigation targeting the South Asian business community. Police have linked some extortion cases back to the gang, whose leader Lawrence Bishnoi is in prison in India. Will Poilievre raise this in Parliament? Poilievre says the Conservatives are planning to push a tough-on-crime agenda in the House of Commons, when Parliament resumes in the fall. A terror designation for the Bishnoi gang will be part of that, he promised. The move is intended, he says, to help police and prosecutors deal with the international group, which has been active in Surrey, as well as cities such as Calgary and Brampton. Is he looking for sentencing changes? Poilievre also says his party will push to increase mandatory prison sentences for extortion, starting with four years for a first offence. 'Our plan repeals catch-and-release bail, brings in mandatory jail time for repeat offenders and ensures that we have a ban on the Bishnoi terrorists, so that this network of extortionists and terrorists are automatically criminalized,' Poilievre said during a news conference. Poilievre is following B.C. Premier David Eby, who asked the federal government to declare the gang a terrorist organization back in June, and the same call made by Alberta Premier Danielle Smith last month. What has the Conservative Party said about the Bishnoi Gang? The Conservative Party released a statement about the Bishnoi Gang on Aug. 11. Frank Caputo, the Conservative Shadow Minister for Public Safety, wrote to the federal Minister of Public Safety stating that the gang activities 'include political shootings, extortion of South Asian Canadians and extreme violence … Additionally, Gang members boast of such activities to intimidate other potential targets.' As a result, wrote Caputo, 'law enforcement and all levels of government (should be given) the tools necessary to address the Gang's activities. The designation would permit the government to push back against the Gang with financial, criminal and property sanctions. Why is this an issue for Sikhs in Canada? Canada is home to about 770,000 Sikhs – the largest number outside India. Many moved to Canada in the 1980s when Indian forces launched a violent crackdown on alleged supporters of a movement demanding a separate Sikh homeland, Khalistan, to be carved out of the northern state of Punjab. India's Prime Minister Narendra Modi and his government have faced allegations from Canadian officials, including Canada's former Prime Minister Justin Trudeau and the RCMP, that Indian intelligence agents have been attempting to carry out targeted assassinations of Sikh separatists overseas, including Canada. What alleged murders are linked to the gang? The killing of Sikh separatist Hardeep Singh Nijjar, 45, outside a Sikh temple in B.C. on June 18, 2023, pushed Bishnoi and his gang into the centre spotlight of the ongoing diplomatic tensions between Canada and India. Lawrence Bishnoi gained notoriety back in May 2022, when the gang allegedly murdered prominent Punjabi singer and rapper Sidhu Moosewala in Punjab. Police said Bishnoi's colleague Goldy Brar allegedly orchestrated Moosewala's killing from Canada. The Bishnoi group has also claimed responsibility for attacks on the homes of two prominent Punjabi singers, AP Dhillon and Gippy Grewal, in B.C., over the past two years, as its empire of fear has expanded from Mumbai to Mississauga, Ont. And, on Aug. 7, an alleged Bishnoi gang member claimed responsibility for gunshots fired at a cafe in Surrey, B.C. owned by Indian comedian Kapil Sharma. How does Lawrence Bishnoi exert control over the gang? Indian police officials have said that Bishnoi, 32, controls more than 700 sharpshooters who carry out murders and extortion globally. And he does this from behind bars, shuffling between various prisons for nearly a decade now. The South Asian community in Surrey and Brampton has been campaigning for more safety on social media, uploading videos of various shootings in the two cities. India still poses foreign interference threat to Canada despite renewed diplomacy: CSIS B.C. Premier Eby calls on Ottawa to declare Bishnoi gang terrorist organization Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here.
