McDonald’s pulls Signature Crafted burgers, doubles down on Quarter Pounders
McDonald’s Corp said it would remove costlier, premium burgers from its menus in favor of its more popular Quarter Pounders, shifting its focus to simpler and quickly-served burgers.
U.S. wins WTO ruling against China grain import quotas
The United States won a World Trade Organization (WTO) ruling on Thursday against China’s use of tariff-rate quotas for rice, wheat and corn, which it successfully argued limited market access for U.S. grain exports.
Airbus sells longer-range A321, expects quick end to Boeing crisis
Airbus sales chief Christian Scherer said it is selling longer-range versions of its A321, while signaling a shift away from chasing market share at any cost and predicting Boeing will emerge quickly from the grounding of its rival 737 MAX.
U.S. retail sales, jobless claims data brighten economic picture
U.S. retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods, the latest indication that economic growth picked up in the first quarter after a false start.
Honeywell expects Boeing 737 MAX deliveries to resume in the second half of 2019
Honeywell International Inc on Thursday said it expects the production rate and deliveries of Boeing Co’s 737 MAX jets to resume in the second half of this year.
France points way for UK shake up of audit market
Taking on the Big Four accounting firms will remain a lengthy and costly challenge for smaller rivals in Britain despite the regulatory leg-up unveiled on Thursday, but France has shown it can be done over a decade.
Wall Street opens higher after strong retail sales data
U.S. stocks opened higher on Thursday, aided by upbeat results from industrial companies and a stronger-than-expected rise in March retail sales that pointed to a robust domestic economy.
Jet Airways shares plunge, rivals race to grab grounded carrier’s slots
Jet Airways Ltd shares plunged on Thursday, battered by fears about whether the grounded Indian airline would fly again, even as carriers like rival SpiceJet rushed in to plug a supply gap in the wake of their rival’s demise.
U.S. retail sales, jobless claims data brighten economic outlook
U.S. retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods, the latest indication that economic growth picked up in the first quarter after a false start.
Airbus sells longer-range A321s, sees quick end to Boeing crisis
The new sales chief at Europe’s Airbus hinted at orders for an unannounced new version of its A321 jet, while softening market rhetoric and predicting rival Boeing will emerge quickly from a crisis over the grounded 737 MAX.
