Corporate News Update

Kerry Group PLC, a food and beverage company listed on the stock exchange, reported a recent close price of 96 EUR. The company’s market capitalization stands at 16 billion EUR.

Executive Appointments and Reorganizations

• Yum! Brands has appointed Chris Turner as its new CEO, effective October 1.
• Petronas is reorganizing its international assets to reduce production costs and improve profitability.

Business Developments

• Petronas aims to lower its breakeven point for oil production to 50 USD per barrel, down from 60-70 USD per barrel in the past five years.
• The Malaysian government is supporting a joint venture between Success Group and Impiana Utara to develop rare earth minerals and durian plantations in the state of Kedah.
• The project is expected to create over 100 jobs and contribute to the local economy.

Market Trends and Analysis

• The Trump campaign is leveraging cryptocurrency issues to attract voters from traditionally Democratic groups, including African Americans and Asian-Americans.
• According to available data, 28% of Asian Americans and 20% of African Americans hold cryptocurrencies, compared to 14% of white Americans.