McDonald's Corp said on Monday former Chief Executive Steve Easterbrook's motion against the company should be dismissed, reiterating that the terms of his separation from the company were based on fraudulent statements.
Brazil's official interest rates and the average cost of servicing its public debt have never been lower, but investors are becoming worried that the government could face a funding crisis next year.
Oil and gas companies plunged over US$156 billion into corporate takeovers and land deals during the second U.S. shale boom, in a massive bet that good times would continue and crude prices would rise. Many of those deals have become financial albatrosses.
The high-flying shares of Apple Inc and Tesla Inc gained more ground on Monday, ahead of their first official trading following a split into smaller portions that makes it easier for retail investors to own the shares.
U.S. stock index futures rose on Monday for the eighth session in a row as bets on an economic revival backed by prolonged central bank support fueled risk appetite, setting the benchmark S&P 500 for its best August in over three decades.
WARSAW: Mobile games applications provider Huuuge Inc. plans an initial public offering on the Warsaw Stock Exchange, the U.S.-registered company said on Monday. It confirms an earlier Reuters report about Huuuge, which has a significant base in Poland. The global success of another Polish games ...
Forty percent of Americans back President Donald Trump's threat to ban videosharing app TikTok if it is not sold to a U.S. buyer, according to a Reuters/Ipsos national poll, suggesting that many support the effort to separate the social media upstart from its Chinese parent.
GENEVA: The World Trade Organization's (WTO) director-general Roberto Azevedo stepped down on Monday (Aug 31), leaving the already-damaged global watchdog leaderless as it faces the biggest crisis in its 25-year history. As the WTO's influence seeps away, rising international tensions and ...
TOKYO: Japanese Prime Minister Shinzo Abe's decision to step down on Friday because of worsening health will formally put an end to his "Abenomics" strategy, which tried to revive the world's third-largest economy after decades of stagnation. So how does Abenomics stack up? Reuters surveyed 18 ...
The European Union needs to tax companies that generate its revenues with digital services as the money is needed to fund infrastructure and social programmes in the future, European Commission Vice President Valdis Dombrovskis said on Monday.
