By Uditha Jayasinghe COLOMBO (Reuters) - McDonald\'s (NYSE:MCD) has ended an agreement with its local partner in Sri Lanka and all 12 outlets in the country have been closed, an attorney for the U.S. company said on Sunday. \"The parent company decided to terminate the agreement with the franchisee due to standard issues,\" said Sanath Wijewardane,...
The Malaysia stock market on Thursday ended the two-day slide in which it had stumbled almost 20 points or 1.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it may add to its winnings on Friday. The global forecast for the Asian markets is positive on optimism over the...
Overall nationwide consumer prices were up 2.8 percent on year in February, the Ministry if Internal Affairs and Communications said on Friday. That was in line with expectations and up from 2.2 percent in January. On a monthly basis, inflation was flat for the second straight month. Core CPI, which excludes the volatile costs of...
(This March 22 story has been refiled to change SABIC to side air bag inflatable curtain in paragraph 4) (Reuters) - Chrysler is recalling nearly 286,000 vehicles in the United States over a manufacturing defect that might cause the side curtain airbag inflators to rupture, the National Highway Traffic Safety Administration (NHTSA) said on Friday....
The Singapore stock market has moved higher in three straight sessions, gathering almost 50 points or 1.6 percent along the way. The Straits Times Index now sits just above the 3,220-point plateau and it\'s expected to see additional support on Friday. The global forecast for the Asian markets is positive on optimism over the outlook...
IT Services providers have been experiencing low demand amid macroeconomic uncertainty, with not many stocks in the sector offering near-term upside to consensus figures. Against this backdrop, analysts at Guggenheim shared in a note this week a list of the Best IT Services stocks to own for 2024. They noted that the soft near-term demand...
The Taiwan stock market emphatically halted the two-day slide in which it had stumbled almost 100 points or 0.5 percent. The Taiwan Stock Exchange now sits just beneath the 20,200-point plateau and it\'s tipped to open higher again on Friday. The global forecast for the Asian markets is positive on optimism over the outlook for...
LONDON (Reuters) - Prime Minister Rishi Sunak will set out plans to boost Britain\'s nuclear workforce on Monday, as increased submarine building and the growing needs of the nuclear energy industry are forecast to create 40,000 new jobs by 2030. The government will partner with defence companies BAE Systems (LON:BAES), Rolls-Royce (OTC:RYCEY) and Babcock plus...
Stock markets in Europe are seen opening on weak note on Friday amidst anxiety about central bank monetary policies. The Dollar\'s rebound triggered by the monetary policy divergence also weighed on sentiment. Wall Street extended gains on Thursday amidst the Fed\'s firm rate cut hints and positive earnings reports. Nasdaq Composite edged up 0.20 percent...
(Reuters) - Australia\'s ANZ Group said on Monday it had agreed to settle a class action suit related to interest charged on personal credit cards for A$57.5 million ($37.44 million). The settlement is without admission of liability and remains subject to court approval, ANZ said in a statement. The class action was brought against the...