McDonald's (MCD.N) will increase the price of its cheeseburger by 20% in Britain, in the first price hike for the popular item in 14 years as it responds to soaring…
Category: Business
Campari warns of supply constraints after first half sales rise
Italian drinks group Campari (CPRI.MI) reported a 19% rise in like-for-like sales in the first six months of the year, but warned that temporary supply constraints could affect shipments in…
Kremlin: Gazprom is supplying as much gas to Europe as possible
Russia's Gazprom (GAZP.MM) is supplying as much gas to Europe as possible, Kremlin spokesman Dmitry Peskov told reporters on Wednesday, adding that sanctions-driven technical issues with equipment were preventing Gazprom…
Mexico’s Grupo Financiero Inbursa still in process to buy Citibanamex
Grupo Financiero Inbursa is still in the process of buying Citigroup's Mexican retail bank unit and is inviting other business partners to join the bid, Inbursa's Director of Investor Relations…
General Dynamics revenues miss as profit rises on jet demand
Gulfstream jet maker General Dynamics Corp (GD.N) on Wednesday posted a 3.9% rise in second-quarter profit as business jet demand remained strong, but revenues missed forecasts as supply chain problems…
T-Mobile dodges inflation hit as cheaper plans power subscriber growth
T-Mobile US Inc (TMUS.O) raised subscriber addition forecast for the second time this year as its strategy of selling relatively cheaper plans helped the carrier attract more price-conscious U.S. customers…
G7 aim to have price cap on Russian oil in place before Dec 5
The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec. 5, when European Union sanctions banning seaborne imports of Russian…