Tag: IN

  • Golden arches darken in Russia as McDonald’s quits after 30 years

    May 16 (Reuters) – McDonald’s Corp (MCD.N) became one of the biggest global names to leave Russia on Monday, planning to sell all of its restaurants after operating for more than 30 years in the country following its invasion of Ukraine. The world’s largest burger chain, which owns about 84% of its roughly 850 restaurants […]

  • Exclusive: India’s Reliance to Acquire Dozens of Brands in $6.5 Billion Consumer Goods Game

    Customers buy groceries at a Reliance Industries Ltd supermarket in Mumbai, India October 7, 2020. REUTERS/Niharika Kulkarni/File Photo Join now for FREE unlimited access to Reuters.com Register Indian retail giant predicts big push in consumer goods sector Dependence in end-stage talks with 30 brands for deal source Indian company recruits distributors and executives for new […]

  • EXCLUSIVE Google pays over 300 EU publishers for news, more to come

    BRUSSELS, May 11 (Reuters) – Google’s Alphabet (GOOGL.O) unit has signed deals to pay more than 300 publishers in Germany, France and four other EU countries for their news and will roll out a tool to make it easier for others. also register, the company told Reuters. The move, which will be publicly announced later […]

  • Sri Lankan president to appoint new prime minister and cabinet this week

    President says he will bring constitutional reforms Central bank chief says political stability is needed Former Prime Minister Rajapaksa moved to naval base for his safety Armored vehicles patrol the streets of the commercial capital COLOMBO/WEERAKETIYA, Sri Lanka, May 11 (Reuters) – Sri Lankan President Gotabaya Rajapaksa said on Wednesday he would appoint a new […]

  • Stocks fall, yields climb after US inflation data

    MILAN, May 11 (Reuters) – Global stocks fell on Wednesday and bond yields rose after U.S. data showed inflation there slowed less than expected last month, bolstering expectations of aggressive rate hikes by from the Federal Reserve. U.S. futures turned negative after data showed annual growth in U.S. consumer prices slowed to 8.3% in April […]