Latest news with #CentralEuropeanTime
Cision Canada
6 days ago
- Business
- Cision Canada
Restaurant Brands International Inc. to Participate in the dbAccess Global Consumer Conference 2025
MIAMI, June 2, 2025 /CNW/ - Restaurant Brands International Inc. (NYSE: QSR) (TSX: QSR) (TSX: QSP) ("RBI") announced today that Patrick Doyle, Executive Chairman, will participate in a fireside chat at the dbAccess Global Consumer Conference 2025 on June 5, 2025 at 10:00 am Central European Time (4:00 am Eastern Time). A live audio webcast will be available on the company's investor relations website ( and will be available for 30 days following the event. About Restaurant Brands International Inc. Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with nearly $45 billion in annual system-wide sales and over 32,000 restaurants in more than 120 countries and territories. RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities. RBI's principal executive offices are in Miami, Florida. In North America, RBI's brands are headquartered in their home markets where they were founded decades ago: Canada for Tim Hortons and the U.S. for Burger King, Popeyes and Firehouse Subs. To learn more about RBI, please visit the company's website at
Yahoo
6 days ago
- Business
- Yahoo
Restaurant Brands International Inc. to Participate in the dbAccess Global Consumer Conference 2025
MIAMI, June 2, 2025 /PRNewswire/ - Restaurant Brands International Inc. (NYSE: QSR) (TSX: QSR) (TSX: QSP) ("RBI") announced today that Patrick Doyle, Executive Chairman, will participate in a fireside chat at the dbAccess Global Consumer Conference 2025 on June 5, 2025 at 10:00 am Central European Time (4:00 am Eastern Time). A live audio webcast will be available on the company's investor relations website ( and will be available for 30 days following the event. About Restaurant Brands International Brands International Inc. is one of the world's largest quick service restaurant companies with nearly $45 billion in annual system-wide sales and over 32,000 restaurants in more than 120 countries and territories. RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities. RBI's principal executive offices are in Miami, Florida. In North America, RBI's brands are headquartered in their home markets where they were founded decades ago: Canada for Tim Hortons and the U.S. for Burger King, Popeyes and Firehouse Subs. To learn more about RBI, please visit the company's website at View original content to download multimedia: SOURCE Restaurant Brands International Inc.
Business Wire
27-05-2025
- Business
- Business Wire
Kraft Heinz to Participate in Deutsche Bank's Annual dbAccess Global Consumer Conference
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) ('Kraft Heinz') will participate in a fireside chat at Deutsche Bank's 22 nd Annual dbAccess Global Consumer Conference in Paris, France on June 4, 2025, at 11:15 a.m. Central European Time / 5:15 a.m. Eastern Daylight Time. A live webcast of the event will be available at A replay will be accessible after the event through the same website. ABOUT THE KRAFT HEINZ COMPANY We are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2024 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of eight consumer-driven product platforms. As global citizens, we're dedicated to making a sustainable, ethical impact while helping feed the world in healthy, responsible ways. Learn more about our journey by visiting or following us on LinkedIn.
Business Wire
09-05-2025
- Automotive
- Business Wire
Polestar Sets the Date for Q1 2025 Select Results
BUSINESS WIRE)--Polestar (Nasdaq: PSNY) expects to publish Q1 2025 select financial results on 12 May 2025, before market open. Management will host a conference call at 14:00 Central European Time (08:00 US Eastern Time) the same day, accessible via the Polestar Investor Relations website. Polestar filed its annual report for 2024 on form 20-F with the U.S. Securities and Exchange Commission (SEC) on 9 May 2025. About Polestar Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 27 markets globally across North America, Europe and Asia Pacific. Polestar has three models in its line-up: Polestar 2, Polestar 3, and Polestar 4. Planned models include the Polestar 5 four-door GT (to be introduced in 2025), the Polestar 6 roadster and the Polestar 7 compact SUV. With its vehicles currently manufactured on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar 7 planned in Europe. Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar's comprehensive sustainability strategy covers the four areas of Climate, Transparency, Circularity, and Inclusion. Forward-looking statements Certain statements in this press release ('Press Release') may be considered 'forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or the future financial or operating performance of Polestar including the number of vehicle deliveries and gross margin. For example, projections of revenue, volumes, margins, cash flow break-even and other financial or operating metrics and statements regarding expectations of future needs for funding and plans related thereto are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as 'may', 'should', 'expect', 'intend', 'will', 'estimate', 'anticipate', 'believe', 'predict', 'potential', 'forecast', 'plan', 'seek', 'future', 'propose' or 'continue', or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Polestar and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) Polestar's ability to enter into or maintain agreements or partnerships with its strategic partners, including Volvo Cars and Geely, original equipment manufacturers, vendors and technology providers; (2) Polestar's ability to maintain relationships with its existing suppliers, source new suppliers for its critical components and enter into longer term supply contracts and complete building out its supply chain; (3) Polestar's ability to raise additional funding; (4) Polestar's ability to successfully execute cost-cutting activities and strategic efficiency initiatives; (5) Polestar's estimates of expenses, profitability, gross margin, cash flow, and cash reserves; (6) the identification and remediation of accounting errors and/or a final assessment of errors already identified that differs significantly from Polestar's preliminary view of such errors and the successful filing of restatements of any SEC reports; (7) Polestar's ability to continue to meet stock exchange listing standards; (8) changes in domestic and foreign business, market, financial, political and legal conditions; (9) demand for Polestar's vehicles or car sale volumes, revenue and margin development based on pricing, variant and market mix, cost reduction efficiencies, logistics and growing aftersales; (10) delays in the expected timelines for the development, design, manufacture, launch and financing of Polestar's vehicles and Polestar's reliance on a limited number of vehicle models to generate revenues; (11) increases in costs, disruption of supply or shortage of materials, in particular for lithium-ion cells or semiconductors; (12) risks related to product recalls, regulatory fines and/or an unexpectedly high volume of warranty claims; (13) Polestar's reliance on its partners to manufacture vehicles at a high volume, some of which have limited experience in producing electric vehicles, and on the allocation of sufficient production capacity to Polestar by its partners in order for Polestar to be able to increase its vehicle production volumes; (14) the ability of Polestar to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (15) risks related to future market adoption of Polestar's offerings; (16) risks related to Polestar's current distribution model and the evolution of its distribution model in the future; (17) the effects of competition and the high barriers to entry in the automotive industry and the pace and depth of electric vehicle adoption generally on Polestar's future business; (18) changes in regulatory requirements (including environmental laws and regulations and regulations related to connected vehicles), governmental incentives, tariffs and fuel and energy prices; (19) Polestar's reliance on the development of vehicle charging networks to provide charging solutions for its vehicles and its strategic partners for servicing its vehicles and their integrated software; (20) Polestar's ability to establish its brand and capture additional market share, and the risks associated with negative press or reputational harm, including from electric vehicle fires; (21) the outcome of any potential litigation, including litigation involving Polestar and Gores Guggenheim, Inc., government and regulatory proceedings, tax audits, investigations and inquiries; (22) Polestar's ability to continuously and rapidly innovate, develop and market new products; (23) the impact of the ongoing conflict between Ukraine and Russia and in Israel, the Gaza Strip and the Red Sea; and (24) other risks and uncertainties set forth in the sections entitled 'Risk Factors' and 'Cautionary Note Regarding Forward-Looking Statements' in Polestar's Form 20-F, and other documents filed, or to be filed, with the SEC by Polestar. There may be additional risks that Polestar presently does not know or that Polestar currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Nothing in this Press Release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Polestar assumes no obligation to update these forward-looking statements, even if new information becomes available in the future, except as may be required by law.
Yahoo
10-04-2025
- Business
- Yahoo
European markets set to jump as Trump flip-flops on tariff plans
European markets are set to open sharply higher, according to futures pricing. As of 5:40 a.m. Central European Time, the Euro Stoxx 50 surged 8.15%, Germany's DAX jumped 7.8%, and the FTSE 100 advanced 5.43%. The surge mirrors a historic rally on Wall Street after US President Donald Trump reversed course and paused planned reciprocal tariff hikes for 90 days, while simultaneously raising import levies on Chinese goods to 125% from 104%. Broader Asian markets also posted strong gains on Thursday. Japan's Nikkei 225 soared 8.4%, South Korea's Kospi rose 5.6%, Australia's ASX 200 advanced 4.7%, and China's Hang Seng Index added 1.6%. Investors found temporary relief after a week of intense sell-offs across global equities. However, the sustainability of the rally remains in doubt, given the unpredictability of Trump's tariff strategy and the ongoing escalation of the US–China trade conflict. Trump increased tariffs on China following Beijing's announcement of 84% retaliatory duties on US goods. 'Based on the lack of respect that China has shown to the world's markets, I am hereby raising the tariff charged to China by the United States of America to 125%, effective immediately,' he posted on social media. He also reiterated that China would eventually come to the negotiating table: 'We'll get a phone call at some point, and it'll be off to the races.' As of the time of writing, China had not responded to the increased tariffs. Bloomberg reported that senior Chinese officials are expected to meet on Thursday to discuss further stimulus measures. Earlier in the day, China's National Bureau of Statistics reported that consumer prices fell by 0.1% year-on-year in March, marking the second consecutive month of contraction and underscoring the country's ongoing sluggish domestic demand. Just one day earlier, Trump had denied rumours of a tariff pause, stating: 'We're not looking at that.' Hours before announcing the delay, he posted on Truth Social: 'BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before!'—a message posted as markets were plunging. Following the temporary suspension of new tariffs on dozens of nations, Trump told reporters at the White House: 'I thought that people were jumping a little bit out of line,' and, 'They were getting a little bit yippy, a little bit afraid.' His remarks appeared to contradict comments made by Treasury Secretary Scott Bessent last month, who said he was unconcerned about the market's reaction. US stock markets staged their best single-day rally since 2001 during the dot-com bust on Wednesday. The tech-heavy Nasdaq surged more than 12%—a gain only seen during major crises such as the 2008 Global Financial Crisis and the 2020 pandemic. The S&P 500 climbed nearly 9.5%, while the Dow Jones Industrial Average rose almost 8%. 'We're having a good day in the stock market, as you can see—an all-time, record day—and hopefully it continues,' Trump said at the White House on Wednesday. US government bonds also rebounded after having been heavily sold off on Monday and Tuesday. The bond market rout may have raised significant concerns within the Trump administration, as investors may have been forced to liquidate positions to cover equity losses while losing confidence in traditional haven assets. 'The bond market is very tricky,' Trump commented. 'I was watching it. But if you look at it now, it's beautiful—the bond market right now. But I saw last night where people were getting a little queasy.' The yield on the US 30-year Treasury had soared nearly 70 basis points over the previous two sessions, reflecting rapidly worsening economic expectations. 'The show is not over. But for the markets—which, in the absence of a total rescission of the trade policy, were at least looking for signs that the US is open to granting concessions and providing some policy certainty—this was as good an excuse as any to buy the dip and price in a better-than-worst-case scenario,' Kyle Rodda, senior market analyst at Australia, said.
