'Lovin' it': McDonald's raises China bet, bucking Western firms' derisking trendMcDonald's has taken greater control of its China business and expanded aggressively amid a consumer slowdown and geopolitical tensions. Th...
04 Dec, 2023, 12.50 PM IST
Former McDonald's restaurants reopen without branding in KazakhstanMcDonald's and Food Solutions KZ terminated their licence agreement this month, citing supply issues. Sources earlier told Reuters that McD...
23 Jan, 2023, 02.39 PM IST
Big Mac is coming back: McDonald's to reopen in UkraineMcDonald's said Thursday that it will begin gradually reopening some restaurants in the capital, Kyiv, and western Ukraine, where other com...
12 Aug, 2022, 12.29 AM IST
Heir to McDonald's Russia craves success but Big Mac a 'big loss'The McDonald's exit saga shows both how difficult it is for Western consumer businesses that decided to leave over Moscow's actions in Ukra...
21 Jun, 2022, 06.53 PM IST
McDonald's in Russia reopens under new ownership, renamed 'Vkusno & tochka'Sunday marks a new dawn for Russia's fast-food lovers as restaurants formerly run by the hugely popular Western fast-food chain reopen unde...
12 Jun, 2022, 01.16 PM IST
Goodbye Golden Arches: rebranded McDonald's to reopen in RussiaThe relaunch will begin on Russia Day, a patriotic holiday celebrating the country's independence, at the same flagship location in Moscow'...
11 Jun, 2022, 02.42 PM IST
Starbucks leaving Russian market, shutting 130 storesStarbucks' stores are owned and operated by Alshaya Group, a Kuwait-based franchise operator. A spokesperson for Alshaya referred questions...
23 May, 2022, 07.26 PM IST
Ukraine war has an unlikely casualty: McDonald’s filet-o-fish burgerIt’s a similar story at the office of a tech startup in South Delhi. “I usually order the filet-o-fish from McDonald’s for lunch because it...
21 May, 2022, 10.14 AM IST
McDonald's era in Russia coming to a close, restaurants soldThe Chicago burger giant said Alexander Govor, who operates 25 restaurants in Siberia, has agreed to buy McDonald's 850 Russian restaurants...
19 May, 2022, 08.03 PM IST
Renault hands Russian assets to Moscow in nationalisation firstRenault controlled 68 percent of AvtoVAZ, the largest carmaker in Russia with the country's top brand Lada, but was under pressure to pull ...
16 May, 2022, 08.46 PM IST
McDonald's to sell its Russian business, try to keep workersThe Chicago-based company announced in early March that it was temporarily closing its stores in Russia but would continue to pay employees...
16 May, 2022, 03.50 PM IST
So Much for Big Mac Peace and FriesReports of hoarding Big Macs are also doing the rounds, one burger apparently even going for 40,000 roubles, the equivalent of ₹23,000. Tom...
13 Mar, 2022, 11.53 PM IST
McDonald's says Russia store closures to cost $50 mln per monthA cascade of major American brands, including Starbucks Corp , PepsiCo Inc and Coca-Cola Co, followed McDonald's on Tuesday in saying they ...
09 Mar, 2022, 08.43 PM IST
McDonald's to temporarily close 850 stores in RussiaThe burger giant said it will continue paying its 62,000 employees in Russia “who have poured their heart and soul into our McDonald's bran...
09 Mar, 2022, 12.05 AM IST
- McDonald's July same-store sales rise 8%
McDonald's Corp posted an 8 per cent gain in July same-store sales as hungry consumers worldwide lined up for breakfast items and the class...
08 Aug, 2008, 09.41 PM IST
- McDonald's July same-store sales rise 8 pc
Despite a tough U.S. economy, McDonald's Corp. posted an 8 percent gain in July same-store sales on Friday as hungry consumers worldwide li...
08 Aug, 2008, 09.31 PM IST
- P&G senior official says developing markets outlook strong
Developing markets now account for half of Procter & Gamble's sales growth and are helping the consumer products company during rough U.S. ...
28 Mar, 2008, 08.20 AM IST