McDonald’s sells China operations for $2.08 bln
REUTERS photo U.S. fast-food giant McDonald’s will sell a controlling stake in its China and Hong Kong business for up to $2.08 billion to a consortium including state-owned Citic and…
REUTERS photo U.S. fast-food giant McDonald’s will sell a controlling stake in its China and Hong Kong business for up to $2.08 billion to a consortium including state-owned Citic and…
REUTERS photo Airbus said on Jan. 8 Iran’s state airline IranAir had accepted its first new jet, marking a key step in opening up trade under a nuclear sanctions deal…
AFP photo Northwest China’s Xinjiang Uighur autonomous region will run more westbound trains on China-Europe routes in 2017 to boost exports, Xinhua reported on Jan. 6. This has been the…
AP photo U.S. President-elect Donald Trump targeted Toyota Motor Corp on Jan. 5, threatening to impose a hefty fee on the world’s largest automaker if it builds its Corolla cars…
AP photo Two firms signed a deal on Jan. 5 for the first commercial exports in half a century from Cuba to the United States, a new step in the…
State-run Nigerian National Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies, the company said on Tuesday. The contracts covering about 1.31 million barrels per…
Ford Motor Co said Tuesday it will cancel a planned $1.6 billion factory in Mexico and will invest $700 million at a Michigan factory, after it had come under harsh…
Greece concluded on Thursday the lease of a 108.3-acre plot, Kassiopi, to NCH Capital for 23 million euros. NCH Capital, a New-York based investment fund, plans to spend about 100…
AFP photo Dubai’s Emirates said on Dec. 29 it has reached an agreement with Rolls-Royce over a “technical issue” relating to the engines of Airbus’s A380 superjumbo, and confirmed receiving…
AA photo Ethiopia and Turkey signed five cooperation agreements in the Ethiopian capital Addis Ababa on Dec. 28, setting out mechanisms to facilitate more trade between the two countries. …