China’s CITIC approves sale of remaining McDonald’s stake
China's state-owned CITIC Ltd. approved the exit of its investment in McDonald's operations China and Hong Kong.
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McDonald’s
McDonald’s posts first sales decline in 13 quarters
McDonald's reported a surprising one per cent decline in global comparable sales for the second quarter, marking…
US Carlyle takes KFC Japan in $835m buyout
US private equity giant Carlyle Group plans to acquire KFC Holdings Japan for 130 billion yen ($835 million).
McDonald’s Q4 sales growth slows as Mideast boycotts bite
McDonald’s Corp.’s sales for the fourth quarter of 2023 have missed investor expectations as growth decelerated,…
McDonald’s Egypt sales drop by 70% amid boycotts
McDonald’s Egypt sales dropped by 70 percent amid the ongoing boycott over the company’s support to Israel, a…
Western brands struggling in some Arab countries amid boycotts
Branches of Western fast food chains in Cairo, Egypt are seen deserted due to a large boycott campaign over…
Starbucks, McDonald’s, Disney stocks still down amid boycotts
Starbucks, McDonalds, and Walt Disney Co. stocks are still down after boycotts that have been lasting for more than…
Starbucks, Disney, McDonald’s stocks drop amid boycotts
Starbucks, Walt Disney Co., and McDonald's stocks dropped for three days in a row due the ongoing boycotts in the…
McDonald’s dropped tomatoes from Indian menus amid supply shortages
The fast-food chain McDonald's recently made news that they have drop tomatoes from its menu in most of its outlets…
McDonald’s to stop selling McCafé Bakery items this month
The biggest fast-food chain Macdonald’s confirmed on Wednesday that it is ending the McCafé Bakery by phasing out…
McDonald’s earnings reach $1.8bln in Q1
McDonald’s announced on Tuesday that its revenues and earnings in the first quarter of 2023 have reached $1.8…
McDonald’s to change recipes for its most iconic burgers
McDonald’s is working on a series of upgrades to its most iconic burger according to the fast food chain’s…
McDonald’s cuts pay for some employees
McDonald’s Corp. is cutting the pay for some of its employees as part of its restructuring according to the Wall…
Get to know McDonald’s 7 most unique restaurants in the world
McDonald's located on the banks of the Nile in the Egyptian city of Aswan, this McDonald's restaurant has…
McDonald’s shuts US offices temporarily, prepares layoffs
McDonald’s Corp. is temporarily closing down its US offices this week to prepare for informing employees of its…
McDonald’s denies Egypt market exit rumours
Manfoods – McDonald's Egypt has denied the reported rumours posted on social media platforms, stressing its…
Coca-Cola, McDonald’s left Russia
The Western companies with iconic brands such as Coca-Cola and McDonald’s have exit Russia this spring after Moscow…
McDonald’s to pump new investments for 12 new branches in Egypt next year
Fast food giant McDonald’s is planning to invest more than 200 million Egyptian pounds ($12.7 million) to open 12…
McDonald’s giving free meals to healthcare workers, police officers, firefighters,…
McDonald’s will be giving healthcare workers, police officers, firefighters, and paramedics free meals in the U.S.…
McDonald’s cancels ‘Sundae Bloody Sundae’ Halloween promotion
McDonald’s on Friday has canceled a promotion for a “Sundae Bloody Sundae” ice cream that was available in Portugal…
McDonald’s sets new welfare standards for chickens
McDonald’s Corp will require suppliers to follow new standards for raising and slaughtering chickens served in…
McDonald’s bungled a rare condiment promotion, leaving screaming customers and $280…
McDonald's over the weekend brought back a rare condiment from the 1990s, but the promotion ended in protests and…
KFC faces Pressure after McDonald’s says No Antibiotics in Chicken
KFC, the world's largest chain of fried chicken restaurants, may face pressure from consumer and environmental…
McDonald’s to cut Antibiotics in Chicken sold in the US
The world's biggest restaurant chain, McDonald's, will stop US purchases of chicken injected with antibiotics…
McDonald’s chief executive steps down after sales slump
McDonald’s has announced the departure of its chief executive just days after the world’s biggest fast food chain…
New President of Mcdonald’s Has Been Announced
The famous fast food giant McDonald’s Corp. named its new president. Mike Andres, 56, will take over the position…
Burger King Is Back to Stock Market
Burger King looks set to return to the stock market less than two years after leaving it in a deal with Justice…
McDonald’s, Carrefour apologize for Selling Expired Chicken in China
Fast food mega-chain McDonald’s Corp. and supermarket giant Carrefour SA issued apologies Friday after being…