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News Roundup
This is a roundup of news and other interesting pieces that I’ve come across over the last few days. Read about Kroger and Albertsons $25 Billion merger, Mexico eliminates mask requirement, United, Chase and Visa join the fight against world hunger, Chinese billionaire earned 422M reward points buying an antique tea cup, and a Hilton Rotterdam review.
Supermarket Giants Kroger and Albertsons Plan $25 Billion Merger
The grocery giant Kroger announced plans on Friday to acquire Albertsons in a deal that could reshape the supermarket landscape in the United States, uniting the country’s largest supermarket chains at a time when rising costs and competition from Walmart and Amazon squeeze the industry.
But the deal, which values Albertsons at about $24.6 billion including debt, is likely to invite intense scrutiny from regulators who are focused on the potential for large companies to affect prices, and have a history of blocking deals that may directly impact consumers.
Mexico Eliminates Face Mask Requirement for Air Travel
Masks will no longer be mandatory on flights operated by Mexican airlines.
Little by little, the use of masks in Mexico has been relaxed, as well as sanitation measures, due to the decrease in COVID-19 infections in the country.
United, Chase and Visa join the fight against world hunger
From October 1 through October 31, 2022, use your United GatewaySM Visa Card, UnitedSM Explorer Visa Card, United QuestSM Visa Card, United ClubSM Infinite Visa Card, UnitedSM Business Visa Card or your United ClubSM Business Visa Card to donate and you’ll earn a total of 5 miles per dollar donated (up to a total of $1,000 donated per eligible card). No opt-in is required — miles will be automatically deposited in your MileagePlus® account within eight weeks after you’ve donated.
Chinese billionaire earned 422M reward points buying an antique tea cup
Chinese art collector Liu Yiqian is living proof that being incredibly rich involves not thinking twice before swiping your Amex card for a massive expense of millions. Being a millionaire or billionaire takes you over such modest actions. You certainly dont bother yourself with reward points. When the Shanghai-based collector paid $36 million (HK$281 million) for a rare porcelain ‘chicken cup’ using his American Express Centurion Card, little did he know of the advantageous side effect of his enormous spend- nearly 422 million reward points.
Hilton Rotterdam Review: A Great Hotel in an Underrated City
The Hilton Rotterdam is located in an underrated city in The Netherlands. If you plan to visit, check out this review on ideas on how to book, and more details about the location, the room, the club lounge, amenities and more.
