The strong earnings were likely to intensify calls in Britain and the European Union to impose further windfall taxes on energy companies as governments struggle with soaring gas and power bills.
The economic concept, which describes consumers' sensitivity to prices, is a hot topic as inflation soars and executives fret about profits
Companies pulled back from Russia this spring after Moscow sent thousands of troops into Ukraine, in response to investor and public pressure
McDonald's has faced criticism from Black-owned franchises, some of whom have filed lawsuits alleging racial discrimination
A Paris court approved the settlement Thursday, the French national financial prosecutor's office said
Preliminary tallies showed shareholders backed all 12 of McDonald's directors and that Icahn's two nominees received approximately 1% of the vote, the company said.
Starbucks' stores are owned and operated by Alshaya Group, a Kuwait-based franchise operator
Russia's McDonald franchisees will now be able to operate under a new brand, according a statement by TASS
Russia's McDonald franchisees will now be able to operate under a new brand, according a statement by TASS
Russia's McDonald franchisees will now be able to operate under a new brand, according a statement by TASS
Russia's McDonald franchisees will now be able to operate under a new brand, according a statement by TASS
Without naming a prospective Russian buyer, McDonald's said on Monday that it would seek one to hire its workers and pay them until the sale closes.
Company was once a symbol of flourishing American capitalism in the dying embers of the Soviet Union.
All QSR majors, however, will face margin pressures given rise in food prices, analysts say
Quick service restaurant McDonald's India (West and South) on Thursday said it will now also display Allergen & Nutritional information for the entire menu of in-store and on McDelivery app to enable customers to make the right food choices. McDonald's India (West and South) has also eliminated artificial colours, artificial preservatives and artificial flavouring from select food items, said a statement issued by the Quick service restaurant (QSR) chain on World Health Day. "McDonald's believes that consumers should have easy access to nutritional information to help them make informed food choices. Consumers today have not only become conscious of what their food contains but also about what it doesn't contain. "Hence, to bolster the trust of consumers in the brand, McDonald's is creating more awareness about the components of its food by highlighting its progressive movement towards Clean Labels," said a statement. Products like McSpicy Fried Chicken, Chicken Nuggets, Veg ...
A US ban on imports of Russia's oil ratcheted up punishment for the invasion of Ukraine on Tuesday as McDonald's and Starbucks closed outlets and Moscow promised safe passage for some people to flee
McDonald's could take a big financial hit because of the closures
McDonald's Corporation on Sunday said Carl Icahn has nominated two members to its board of directors in an escalating fight over the treatment of pigs by the burger chain's suppliers.
The company filed 10 applications with the US Patent and Trademark Office earlier this month for the McDonald's brand and McCafe
The company said the McPlant __ which it co-developed with plant-based protein company Beyond Meat __ will be sold at 600 stores in the San Francisco and Dallas areas starting Feb. 14