GENEVA (AP) — The head of the World Trade Organization predicted a “bumpy and rocky” road as it opened its highest-level meeting in 4-1/2 years on Sunday, with issues like pandemic preparedness, food insecurity and overfishing of the world’s seas on the agenda. At a time when some question WTO’s relevance, Director-General Ngozi Okonjo-Iweala hopes…
(Reuters) -It might look and smell like McDonald’s but now it’s Vkusno & tochka. The golden arches are gone, the Filet-O-Fish is simply a fish burger. The Big Mac has left Russia. A new era for Russia’s fast-food and economic scene dawned on Sunday, as McDonald’s restaurants flung open their doors in Moscow under new…
MOSCOW (AP) — Three months after McDonald’s suspended operations in Russia, hundreds of people streamed into its famous former outlet on Moscow’s Pushkin Square as the restaurant reopened Sunday under a Russian owner and a new name. In March, McDonald’s halted operations of its company-run restaurants in Russia. Although some run by franchisees stayed open,…
GENEVA (Reuters) -World Trade Organization chief Ngozi Okonjo-Iweala expressed cautious optimism on Sunday that more than 100 trade ministers meeting in Geneva would achieve one or two global deals this week, but warned the path there would be bumpy and rocky. The director-general from Nigeria said the world had changed since the WTO’s last ministerial…
GENEVA (Reuters) – World Trade Organization director-general Ngozi Okonjo-Iweala urged trade ministers gathering in Geneva to go the extra mile over the coming days and said she would consider one or two global trade deals a success. “Let me be clear, even landing one or two will not be an easy road. The road will…
LONDON (Reuters) -Legislation that Britain will unilaterally bring forward on Monday to scrap some of the rules that govern post-Brexit trade with Northern Ireland will not break international law, minister Brandon Lewis said on Sunday. “The legislation that we will outline tomorrow is within the law; what we are going to do is lawful and…
(Reuters) -McDonald’s restaurants flung open their doors in Moscow once again on Sunday under new Russian ownership and a new name: Vkusno & tochka, which translates as “Tasty and that’s it”. The new dawn for Russia’s fast-food scene will initially see 15 rebranded restaurants open in and around the capital after the U.S. burger giant…
By Alexander Cornwell DUBAI (Reuters) – Saudi Telecom said on Sunday its board had proposed increasing the company’s share capital by 30 billion riyals ($8 billion), or 150%, driving the share price nearly 10% higher. The Riyadh-listed company had earlier announced the proposed capital increase would involve issuing 30 billion new shares, with shareholders offered…
(Reuters) – The first 15 restaurants of former McDonald’s Corp will reopen in Moscow on Sunday under new ownership and a new name, “Vkusno & tochka”, which means “Tasty & that’s it”, the company said. Another 50 restaurants will be open on Monday, Vkusno & tochka said. Sunday marks a new dawn for Russia’s fast-food…
DUBAI (Reuters) – Saudi Telecom said on Sunday its board had proposed increasing its capital by 30 billion riyal ($8 billion) to finance growth and expansion plans in its home market, Saudi Arabia, and elsewhere in the region. The capital increase would involve issuing 30 billion new shares, representing a capital increase of 150%, with…
