Bussiness

McDonald’s bullish on China growth prospects as it boosts stake…

Posted by November 21, 2023

Nov 21 (Reuters) - McDonald's (MCD.N) said it had struck a deal to ramp up its stake in its China business to just under 50%, expressing confidence in the burge

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What are global companies saying about China’s economy?

Posted by August 2, 2023

People cross a street near office towers in the Lujiazui financial district in Shanghai, China, February 28, 2023. REUTERS/Aly Song/File PhotoAug 2 (Reuters) -

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Major global firms warn of slow China sales as post-pandemic…

Posted by August 2, 2023

Aug 2 (Reuters) - Global firms from consumer goods giant Unilever (ULVR.L) to automaker Nissan (7201.T) and machinery maker Caterpillar (CAT.N) have warned of s

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Focus: The world’s cheapest Domino’s pizza is in inflation-hit India.…

Posted by July 19, 2023

Inflation in India sparks cheaper offers from global giantDomino's and Pizza Hut tout world's cheapest pizzaIndia is key growth market for global restaurant cha

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Elon Musk kicks off China visit, Tesla expansion in focus

Posted by May 30, 2023

Tesla's Musk meets Chinese foreign ministerExpected to meet CATL chairman in BeijingMusk quoted as saying he is open to expanding in ChinaBEIJING, May 30 (Reute

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Morning Bid: Crude cut complicates Q2

Posted by April 3, 2023

A look at the day ahead in U.S. and global markets from Mike DolanAn aggravating jump in crude oil prices greets the start of the second quarter as investors tr

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Advent International joins list of suitors for sandwich chain Subway…

Posted by March 13, 2023

March 13 (Reuters) - Buyout firm Advent International is among a list of firms that remain in contention to buy sandwich chain Subway, Sky News reported on Mond

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AmRest sells KFC restaurant business in Russia to different local…

Posted by February 27, 2023

MADRID, Feb 27 (Reuters) - Madrid-based restaurant operator AmRest Holdings (EATP.WA) said on Monday it has decided to sell its KFC restaurant business in Russi

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Tech earnings hit pause button on market rally

Posted by February 3, 2023

Feb 3 (Reuters) - Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message from their earnings on Thursday: not so fast.Apple Inc (AAPL.O), Go

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Britain softens business rates blow with 13.6 bln stg support…

Posted by November 17, 2022

Britain to revalue business properties from April 2023Support means bills will rise by less than 1% - govtBusiness welcomes help, says more reform neededLONDON,

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