- McDonald's Corp's new chief executive on Monday laid out initial plans for luring back customers, boosting sales and transforming the world's biggest restaurant chain by revenue into a "modern, progressive burger company."
Recent Business News
NEW YORK - The bull market "supercycle" for stocks and bonds is approaching an end, as the unconventional monetary policies that have bolstered asset prices since the financial crisis are running out, widely followed investor Bill Gross said on Monday.
LONDON - Oil rose to a 2015 high of $67 a barrel on Monday supported by expectations the crude supply glut will ease and after weak Chinese factory activity reinforced views stimulus measures would be rolled out.
BEIJING - China's factories suffered their fastest drop in activity in a year in April as new orders shrank, a private business survey showed on Monday, hardening the case for fresh stimulus measures to halt a slowdown in the world's second-largest economy. | Video
BERLIN/HAMBURG - Volkswagen's supervisory board will on Monday discuss finding a new chairman to fill the void left by Ferdinand Piech's shock departure last month, sources told Reuters.
ATHENS/BRUSSELS - Wide differences over pension and labor reforms continued to dog intensive negotiations between Greece's leftist government and its international creditors despite progress in other areas as the country's cash position becomes increasingly critical.