Steve Easterbrook
Food
McDonald's closes all branches in virus-hit Chinese province
US fast food giant McDonald's said on Wednesday it closed all of its restaurants in Hubei, the Chinese province at the epicenter of a virus outbreak that has spread beyond the country's borders. The novel coronavirus outbreak traced to...
Food
McDonald’s to embrace ML in tech deal worth US$ 300 mn
IANS -
US-based fast food chain giant McDonald's has announced plans to acquire a start-up named Dynamic Yield for US$ 300 million as it steps up to embrace Machine Learning (ML) in a super-sized way, the media reported.
The deal is the...
Food
McDonald's to open 2,000 new restaurants in China
IANS -
The US fast-food chain McDonald's announced on Tuesday it is set to open nearly 2,000 new restaurants in China over five years as part of a strategic partnership with Citic and the Carlyle Group.
McDonald's Corporation said in a statement...
Food
McDonald's to collaborate with Uber to deliver food
IANS -
American fast-food chain McDonald's announced of collaborating with ride-hailing app Uber to deliver food in over 1,000 outlets across the US.
The initiative called McDelivery, aims at winning back young customers who are willing to pay for food brought to...
Food
McDonald's to open largest franchisee outside US in China
IANS -
Fast food giant McDonald's will set up its largest franchisee outside the US in China.
The US food chain on Monday announced it would partner with a group of investors, making the new company the largest franchisee outside America, Xinhua...
Food
McDonald's may shift some jobs to India in cost-cutting move
Fast food giant McDonald's may be planning to outsource jobs to India as part of a $500 million cost reduction plan it announced last November, a media report said.
A report said McDonald's is shedding jobs as part of a...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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