McDonald’s Corp has lost its rights to the trademark “Big Mac” in a European Union case ruling in favor of Ireland-based fast-food chain Supermac’s, according to a decision by European regulators. The judgment, provided to Reuters by Supermac’s, revoked McDonald’s registration of the trademark, saying that the world’s largest fast-food chain had not proven genuine […] Read more
European shares traded lower on Thursday afternoon as investors focused on trade war developments and earnings news in the U.S. Symbol Name Price Change %Change Volume FTSE FTSE 100 6912.00 5.37 0.08% 306033973 DAX DAX 10867.07 -26.25 -0.24% 44414899 CAC CAC 4784.90 -28.68 -0.60% 40956201 The pan-European Stoxx 600 was 0.2 percent lower with almost […] Read more
European shares fell at the start of a holiday-shortened week on Monday as worries over slowing economic growth and tighter monetary conditions continued to weigh. By 0812 GMT, Britain’s FTSE 100 <.FTSE> fell 0.6 percent, while France’s CAC <.FCHI> and Spain’s IBEX <.IBEX> eased 0.7 and 0.5 percent respectively. Germany’s DAX <.GDAXI> and Italy’s FTSE […] Read more
Cubans became eligible to sign up for data plans on their smartphones. It is a long-awaited, and expensive, development on an island that limited mobile access to the Internet for most people. Cuba became one of the last countries in the world to get 3G mobile internet services on Thursday, though most citizens on the […] Read more
Part of the U.S. Treasury yield curve “inverted” this week, setting off debate over whether it is delivering a classic signal of oncoming recession or it has just developed a short-term kink that can be explained away by technical reasons. Whatever the reason, investors and economists ignore this message from the bond market at their […] Read more
BEIJING — After the negotiations over steak dinners were done, after he said his goodbyes to President Xi Jinping of China and after both governments issued their public statements about the trade truce between the United States and China, President Trump had one more surprise to drop. In a late-night Twitter post on Sunday, Mr. […] Read more
International Balance Group, the Lebanese based holding company, has recently announced its intention to seriously expand its business activities by the end of 2018. The Chairman of the company, Mr. Ghais Youssef Makhlouf aggressively expressed his delights for the expansion decision and assured that IBG shall take all necessary measures to ensure this goal is […] Read more
TOULOUSE, France (Reuters) – The incoming chief executive of Europe’s Airbus hinted on Monday at a decision next year on whether to launch the A321XLR, a longer-range version of its best-selling A321 single-aisle jet. Asked on the sidelines of a delivery ceremony in Toulouse whether Airbus planned to launch the proposed new variant, Guillaume Faury […] Read more
Googleplex headquarters in Mountain View. Photographer: Michael Short/Bloomberg The Googleplex is getting bigger. Alphabet Inc.’s Google has closed a $1 billion deal for a 51.8-acre business park next to its Mountain View, California, headquarters. The purchase adds to a mammoth real estate expansion the company is in undertaking in both California and New York City. A […] Read more
Bombardier Inc on Thursday agreed to sell two of its units for around $900 million and cut 5,000 jobs to focus on business jets, but its shares fell as much as 26 percent on a disappointing free cash flow forecast. The Canadian plane and train maker said it would only be able to meet its […] Read more
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