McDonald's expands delivery service through ordering app
The new app will allow customers to place orders for pickup alongside features such as customized favorites and preferred payment methods.
Mar 02, 2017 7:24 PM EST
Oil prices forecast $50 to $70 per barrel through 2022, report says
Overall, demand is set to outpace supply on average over the forecast period. Oil prices are expected to average $50 to $70 per barrel until 2022 according to a recent forecast by Bank of America Merrill Lynch.
Tiffany & Co. CEO steps down, new directors appointed to accelerate business strategies
The company shake-up comes after Tiffany's disappointing financial results. Jewelry retailer Tiffany & Co. 's chief executive officer, Frederic Cumenal, has stepped down on Feb.
Yahoo CEO Mayer gives up annual equity, bonus over mishandling of secuirty breaches
Mayer claims responsibility and offered that her cash bonus and annual equity award, instead, that it be redistributed to Yahoo's hardworking employees.
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Samsung chief faces trial after indictment on corruption charges
De facto chief of the South Korean electronics giant faces trial after indictment on multiple charges which include bribery and embezzlement.
Mar 02, 2017 12:59 AM EST
Hershey aims to reduce global worforce by 15 percent
The Pennsylvania chocolatier's attempt to reduce its global workforce will help achieve profitability over the next two years.
Mar 01, 2017 9:55 AM EST
Qantas posts decline in net profits
The results indicate Qantas' strong performance in a mixed international market amidst its strategy and ongoing transformation while investing for customers.
Mar 01, 2017 9:02 AM EST
Tesco plans to remove 1,700 managerial jobs
The deputy managers will be replaced by shift leaders as part of a program of transformation in order to improve the customers' shopping experience.
Mar 01, 2017 9:02 AM EST
Alibaba seeks tougher penalties for purveyors of counterfeit goods
E-commerce giant seeks tougher laws, stricter enforment and heavier penalties against retailers or vendors of counterfeit goods in China.
Mar 01, 2017 1:21 AM EST
Saudi Arabia Adds Nearly 30,000 New Hotel Rooms For 2017
The Kingdom is set to open a roster of 68 hotels across major cities at a time of growth for its tourism, leisure and hospitality.
Feb 28, 2017 2:39 PM EST
Warren Buffett's Optimism on American Businesses
Berkshire Hathaway's CEO is upbeat about the future of US businesses and stocks after his company reported a higher quarterly profit. Buffett urges investors to work with a collection of large and conservatively financed American businesses in the long term.
Feb 28, 2017 2:39 PM EST
Asian shares rise ahead of Trump speech
Asian shares up, strengthened by gains on Wall Street as investors await President Donald Trump speech.
Feb 28, 2017 1:54 AM EST
Nordstrom’s Quarterly Earnings Beat Expectations
US upscale department store chain posts growth in fourth quarter earnings exceeding analysts' expectations.
Feb 23, 2017 9:09 PM EST
Australia's TerryWhite Chemmart Posts Strong Half-Year Earnings
Australian pharmacy group, TerryWhite Chemmart, doubles revenue following the merger. Australian pharmacy group Terry White Group, which is now trading as TerryWhite Chemmart, has doubled its half year revenue from $16.
Feb 22, 2017 12:11 AM EST
Lenovo Third Quarter Profits Plummet
Tech company Lenovo posts a drop in its third quarter profits as it faced "sizeable" challenges in its business.
Feb 19, 2017 9:11 PM EST
Retail Spending in UK Rises Slightly in January
UK retail spending sees 1.5 percent growth year-on-year in January 2017 compared with January 2016. Retail spending in the UK saw a 1. 5 percent growth year-on-year in January 2017 compared with January 2016, the lowest growth the sector has had since November 2013, according to the latest official figures of the Office of National Statistics (ONS).
Feb 19, 2017 8:12 PM EST