In China meat scandal, McDonald’s Japan switches to Thai chicken, no nuggets in Hong Kong
HONG KONG (Reuters) – McDonald’s Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it imported products from Shanghai Husi Food, the U.S.-owned Chinese company at the center of a food safety scare in China.
Russia takes aim at McDonald’s burgers as U.S. ties worsen
MOSCOW (Reuters) – McDonald’s burgers and shakes may become the latest victims of worsening ties between Moscow and Washington after a Russian consumer watchdog agency accused the U.S. chain of sanitary violations.
Mazda recalls U.S. cars with faulty Takata air bags
(Reuters) – Japan’s Mazda Motor Corp will broaden a recall of cars sold in the United States because an air-bag inflator, supplied by Japan’s Takata Corp , could rupture and seriously injure occupants.
Lower printer sales hurt Xerox’s revenue
(Reuters) – Xerox Corp reported a 2 percent fall in second-quarter revenue, hurt by lower demand in its printing business.
Liberty Media plans stock dividend to spin off cable assets
(Reuters) – John Malone’s Liberty Media Corp started the process of spinning off its cable assets through a stock dividend to its shareholders to form a new listed company called Liberty Broadband.
RBS privatization prospects brighten after surprise profit
LONDON (Reuters) – Part-nationalized Royal Bank of Scotland boosted its chances of an earlier than expected return to private ownership, posting a surprise 1 billion pound ($1.7 billion) second-quarter profit as its painful restructuring begins to bear…
FBI investigates Ford engineer after listening devices found: report
DETROIT (Reuters) – A 43-year-old former Ford Motor Co engineer is being investigated by the FBI after listening devices were found in meeting rooms at company offices, the Detroit News reported on Friday.
GM recalls far from calamity for some dealers who find new customers, business
FOX LAKE Ill. (Reuters) – The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pourin…
Murdoch’s 21st Century Fox pledges to extend buybacks
LONDON (Reuters) – Rupert Murdoch’s 21st Century Fox said on Friday it would renew a share buyback program using the proceeds from its partial exit from European pay-TV, regardless of any acquisitions the media group undertakes.
Euro, shares sag as Ukraine woes hit German confidence
LONDON (Reuters) – Signs that tensions between the West and Russia are starting to hurt confidence in Europe’s dominant economy Germany left the euro near an eight-month low on Friday and lifted the region’s government bonds.
