
McDonald's to acquire Carlyle's stake in China unit
By Granth Vanaik (Reuters) -McDonald's said on Monday it would acquire investment firm Carlyle's 28% stake in a partnership that
2023-11-20 23:54

Key African Economies Set to Deviate From Global Rates Path
In what will be a marathon month for interest-rate decisions in Africa, its biggest economies are set to
2023-11-20 15:46

Rich Americans Cancel Trips to Paris Following Middle East War
Wealthy Americans are holding off on booking trips to Paris as the war in the Middle East and
2023-11-18 16:57

UK Slams NMC for Misleading Market Over $4 Billion Debt Position
The UK’s markets regulator censured fallen Middle Eastern hospital operator NMC Health Plc, saying the once-FTSE100 listed firm
2023-11-17 19:55

IBM Suspends X Ads After Report of Placement Near Nazi Posts
International Business Machines Corp. suspended its advertising on X, the social media platform formerly called Twitter, after the
2023-11-17 07:54

Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:56

Britain's Ocado secures first deal beyond grocery retail
LONDON (Reuters) -Britain's Ocado Group has secured its first deal outside grocery retail to provide its robotic warehouse technology to
2023-11-16 01:23

Rich Chinese Shoppers’ Appetite Slows as Confidence Falters
Global luxury retailers counting on wealthy Chinese shoppers to raise their sales might be dismayed by recent reports
2023-11-15 12:18

The Diamond World Takes Radical Steps to Stop a Pricing Plunge
When the world’s most important diamond buyers arrived at De Beers’ offices in Botswana late last month, they
2023-11-11 21:22

Actors Union Board Signs Off on Three-Year Deal With Studios
The Screen Actors Guild’s national board approved the new, strike-ending labor agreement reached this week with Hollywood studios,
2023-11-11 07:58

Ken Moelis Scraps CEO Handoff to Seize Once-a-Decade Moment
Six years ago, Ken Moelis predicted he would hand the reins of his namesake firm to someone else
2023-11-11 06:51

Studio Behind ‘Doctor Who’ Wants to Make More TV for Americans
The BBC is looking to expand its business in the US, the world’s largest media market, and wants
2023-11-11 02:16