McDonald’s to open at least 50 new restaurants in Russia in 2017
MOSCOW (Reuters) – McDonald’s plans to open more than 50 restaurants in Russia this year and hopes to sign more franchising deals to expand in existing and new regions, the local unit’s chief executive said on Tuesday.
Rethink on Trump hits dollar and world stocks
LONDON (Reuters) – The U.S. dollar headed for its worst start to a year since 2008 on Tuesday while world stock losses, already the biggest in six weeks, grew after widespread protests against President Donald Trump’s stringent curbs on travel to the U…
Trump order targeting business rules leaves key regulations untouched
WASHINGTON (Reuters) – President Donald Trump signed an order on Monday that will seek to dramatically reduce federal regulations, but the policy will not apply to most of the financial reform rules introduced by the Obama administration.
How Toyota, Target, Best Buy are fighting back against Republican border tax push
WASHINGTON (Reuters) – Days before a group of Republican lawmakers were due to discuss their party’s controversial proposal to tax all imports, Toyota Motor Corp sent an urgent message to its U.S. dealers – tell the politicians the tax would seriously…
Mitsubishi Motors expects smaller full-year loss on weaker yen
TOKYO (Reuters) – Mitsubishi Motors Corp on Tuesday said it expects a smaller full-year net loss than previously forecast due to lower costs and the impact of a weaker yen, after swinging to an operating profit for the third quarter.
Fed likely to keep rates steady as it awaits Trump economic plan
WASHINGTON (Reuters) – The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday in its first policy decision since President Donald Trump took office, as the central bank awaits greater clarity on his economic policies.
FCA hands Deutsche Bank record 163 million pound fine for Russia trades
LONDON (Reuters) – Britain’s financial regulator fined Deutsche Bank 163 million pounds ($203.70 million) for serious failings in relation to anti-money laundering controls, it said on Tuesday.
Halliburton asks workers from banned countries not to travel to U.S.
(Reuters) – Halliburton Co has advised workers from the countries named in President Trump’s immigration ban not to travel to the U.S., according to an email from a spokeswoman.
Wal-Mart offers free two-day shipping in latest attempt to compete with Amazon
CHICAGO (Reuters) – Wal-Mart Stores Inc will offer U.S. shoppers free two-day shipping on a minimum order of $35 starting Tuesday, its latest attempt to compete with rival Amazon.com Inc’s popular Prime shipping program.
SoftBank considers investment of over $1 billion in WeWork – WSJ
(Reuters) – SoftBank Group Corp is considering an investment of more than $1 billion in office-space sharing start-up WeWork, the Wall Street Journal reported, citing people familiar with the matter.
