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Falling costs may boost McDonald’s, other restaurant profits in 2023
By Hilary Russ NEW YORK (Reuters) - With the cost of butter plunging nearly 16% in a month and wholesale broiler chickens getting cheaper, some big restaurant chains including McDonald's and Starbucks...
Syndicated Content Jan 30, 2023
Investors’ bets against German bonds hit highest since 2015, S&P data shows
By Harry Robertson and Nell Mackenzie LONDON (Reuters) - Investors have amassed the biggest bet against German government bonds since 2015, as the country issues large amounts of debt and the European...
Syndicated Content Jan 30, 2023
Tech stocks lead losses in Europe on rate decision jitters
By Ankika Biswas (Reuters) - European shares fell on Monday, as cautious investors anticipated a slew of interest rate hikes by prominent central banks this week, with shares of rate-sensitive sectors...
Syndicated Content Jan 30, 2023
TikTok’s chief to testify before Congress in March – WSJ
(Reuters) - TikTok Chief Executive Shou Zi Chew will appear before a congressional committee in March, as House Republican lawmakers step up scrutiny of the Chinese-owned video-sharing app, the Wall S...
Syndicated Content Jan 30, 2023
Britain’s JD Sports says customer data accessed by cyber attack
(Reuters) -British sports and fashion retailer JD Sports Fashion has been the victim of a cyber attack which saw customer data relating to historical online orders compromised, it said on Monday. The ...
Syndicated Content Jan 30, 2023
Goldman Sachs restructures Russian asset holdings -RBC, citing sources
MOSCOW (Reuters) -Goldman Sachs Group Inc. has restructured its assets in Russia, the RBC daily reported on Monday, citing two investment market sources, a move that could take the U.S. bank closer to...
Syndicated Content Jan 30, 2023
Ryanair posts record Christmas quarter, sees ‘very robust’ summer demand
By Conor Humphries DUBLIN (Reuters) - Ryanair on Monday posted a record after-tax profit for its October-December quarter and said bookings for Easter and summer flights were "very robust", boosted by...
Syndicated Content Jan 30, 2023
German economy unexpectedly shrinks in Q4
BERLIN (Reuters) - The German economy unexpectedly fell in the fourth quarter, data showed on Monday, a sign that Europe's largest economy may be entering a much-predicted recession as an effect of th...
Syndicated Content Jan 30, 2023
Nissan, Renault agree to overhaul alliance, putting themselves on equal footing
(Reuters) - Nissan Motor Co and Renault SA have agreed to a sweeping revamp of their two-decade-old automaking alliance that will put them on an equal footing and see the Japanese company invest in Re...
Syndicated Content Jan 30, 2023
Unilever names former Heinz exec Schumacher as CEO
By Richa Naidu LONDON (Reuters) - Consumer goods giant Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July in a move that was welcomed by investors including...
Syndicated Content Jan 30, 2023
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