McDonald’s Corp reported a lower profit for the first quarter on Tuesday as high costs of beef reduced margins and less customer traffic caused a bigger-than-forecast drop in US sales. …
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Vehicle manufacturer Fiat-Chrysler announced that it would begin making the Jeep American brand in China from 2015 in response to demand in the country. Fiat-Chrysler, which came to be when …
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Wal-Mart intends to offer a money transfer service in a bid to keep its customers buying more from its store. The largest retailer in the world announced a new money …
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Reliance Industries Ltd posted its highest quarterly earnings in more than two years as a weaker rupee bolstered export earnings. Net income for the first quarter met analyst forecast as …
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Energy firm Gunvor Group Ltd announced on Wednesday a slight gain in profits for 2013 and said business had returned to normalcy after one of its co-founders was put on …
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Russian billionaire Gennady Timchenko, affected by US sanctions over alleged relations with the government that recently annexed Crimea, said that being one of the few individuals to be targeted by …
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A group of shareholders of Walgreens Co. are pushing to have the firm’s corporate headquarters move to Europe to leverage on favorable tax regimes. Shareholders controlling about 5% stake in …
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JPMorgan Chase & Co announced quarterly profits that were weaker than anticipated, as uncertainty about the US economy hindered stock trading and consumer borrowing. JPMorgan’s revenue from bond trading dropped …
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Vodacom said it expected to seal an agreement on Friday that will see it take full control of its Indian venture after buying an 11% stake from minority shareholder Piramal …
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Mars Inc. has reached a deal to acquire some Procter & Gamble pet food businesses for $2.9 billion, solidifying the industry dominance of the manufacturer of M&M candies and Uncle …
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