McDonald’s Corp beat quarterly comparable sales and profit estimates, aided by higher menu prices and increased restaurant traffic from inflation-weary customers seeking value meals. The stock increased 3.5% to $265.69. McDonald’s, like other fast-food restaurants, raised the prices of its… Read More ›
Amazon.com Inc’s stock fell about 8% on Friday after the company forecasted holiday-quarter sales that fell short of Wall Street expectations, while its Big Tech peers recovered from a bruising selloff this week. The online retailer’s market cap briefly fell… Read More ›
The European Union has reached an agreement on a law that will effectively ban the sale of new petrol and diesel cars beginning in 2035, aiming to accelerate the transition to electric vehicles and combat climate change. Negotiators from EU… Read More ›
Germany avoided recession in the third quarter with unexpected growth, but the economy remained choppy as high inflation fueled by a painful energy standoff with Russia surged, according to data released on Friday. According to the federal statistics office, consumer… Read More ›
Britain would have the authority to regulate all cryptoassets under a proposal added to a draft law before parliament that will almost certainly pass. Andrew Griffith, who was re-appointed as City Minister by Britain’s new Prime Minister Rishi Sunak on… Read More ›
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