Burger King’s parent company is doing a joint venture with a Chinese investment firm to inject new capital to expand the burger chain’s business in China.
On Monday, Starbucks announced that it would sell a 60% stake in its China operation to Chinese asset manager Boyu Capital ...
When people think of “McDonald’s,” they think of delicious fries, burgers and ice cream machines that don’t work. But they also acknowledge, on some level, that McDonald’s is the fast food chain, the ...
US chain McDonald's has apologised after a sign telling black people they were banned from entering a branch in southern China prompted outrage online, following reports of discriminatory treatment ...
McDonald’s Corporation (NYSE:MCD) shares are trading higher on Wednesday. The company reported second-quarter adjusted earnings per share of $3.19, beating the analyst consensus estimate of $3.14.
Russo shifts from Australia, where he was CEO, to Hong Kong. Other changes at McDonald's China Development Corporation (CDC) include the employment of Gary Rosen to the role of China marketing ...
Boyu Capital will form a joint venture with the coffee chain to grow the brand from 8,000 units in the country to 20,000 over ...
The U.S. gets the McDonaldland Meal and Snack Wraps, but China gets a slew of Grimace-themed desserts. The sweet treats include a toffee cream pie, a grape soft serve, and a special McFlurry topped ...
SINGAPORE—It sells ice cream and sugary drinks for under $1. Its mascot looks like the love child of Frosty the Snowman and the Michelin Man. And its stores relentlessly blare a jingle set to the tune ...
SHANGHAI (Reuters) - U.S. fast food giant McDonald's Corp is getting a name change in China - at least on paper. The firm will change its registered business name to "Golden Arches (China) Co Ltd", a ...
The chicken may be "finger-lickin' good," but it may not be fresh: A meat processer to McDonald's and KFC in China has been accused of supplying rotting meat and repackaging expired products with new ...