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Mcdonalds: I'm Not Lovin' It Anymore

Mcdonalds: I’m Not Lovin’ It Anymore

For decades, the golden arches of Mcdonalds were the shining beacon of fast food. Revenue kept pouring in, and Mcdonalds looked set to go on expanding. Mcdonalds represented not just a certain kind of food, but a way of life. Mcdonalds took the then novel idea of fast food in the 1940’s and made it very much its own. The world’s biggest burger chain, with over 35,000 Mcdonalds franchises spread…

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#Africa #Asia #Business #Chipotle Mexican Grill #Fast Food #Mcdonalds #Subway #U.S.

Essar Oil clinches $10 billion deal

Russian President Vladimir Putin is in New Delhi today for a one-day trip. His meeting with Prime Minister Narendra Modi will include discussions over trade, nuclear power, and arms deals. Russia has long been the biggest supplier of military equipment to India, and Modi has promised that that will continue, despite keen interest on the part of Israel and the U.S. to expand their share of India’s…

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#Essar #India #Modi #Oil #Oil refiniery #Putin #Rosneft #Russia

Infosys’ sudden drop has a simple explanation The Infosys shareprice was in free fall yesterday, losing almost 5% on both the BSE and the NSE, making Infosys stock the biggest loser in yesterday’s trading.

#Infosys #Infosys Limited (NSE: INFY)#Narayana Murthy #Vishal Sikka

Europe's Monetary Policy Paralysis

Europe’s Monetary Policy Paralysis

The European Central Bank (ECB) held off from quantitative easing (QE) measures, with president Mario Draghi saying that any decision on changing its monetary policy would have to wait until next year. Both inflation and and growth were revised downward, with inflation forecast at 0.7 percent next year and growth forecast to be 1.1 in 2015. Experts across the board have been calling for the ECB…

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#ECB #Interest rates #Mario Draghi #monetary policy #QE #quantitative easing #RBI

SAARC Summit concludes with energy deal

The SAARC summit concluded yesterday with some small gains (full-form of SAARC: South Asian Association for Regional Cooperation). All seven SAARC countries including Afghanistan, Pakistan, Nepal, India, the Maldives, Sri Lanka and Bangladesh were in attendance.

Established in 1985, the organisation seeks to improve cooperation in the South Asian region and eventually unify the economies of all…

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#energy #India #Modi #Nepal #Pakistan #SAARC #SAFTA

Urban Outfitters up 5.5% ahead of Black Friday

Back in October, reports of declining sales in consecutive quarters had led to a collapsein the Urban Outfitters’s share-price. Interestingly, the fall in sales was mostly attributed to the Urban Outfitters brand itself, while other labels owned by Urban Outfitters Inc. such as Anthropologie and Free People did relatively well. Urban Outfitters markets itself as an edgy, politically incorrect…

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#Black Friday #e-commerce #Thanksgiving #Urban Outfitters #Urban Outfitters Eat Less #Wanelo

Citigroup fined $15 million for failing to handle non-public information

Citigroup Inc, the third-biggest U.S. bank, was fined $15 million by the Financial Industry Regulatory Authority for failing to supervise research analysts and their handling of material non-public information.

At least seven banks, including JP Morgan Chase & Co. and Goldman Sachs Inc Ltd, are likely to be asked to pay a total of $50 million in fines as part of an agreement with Finra, people…

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#Citigroup #Finra #US Bank

OPEC leaders meet to discuss reduction in Oil Prices

As oil prices come down, OPEC leaders will meet on thursday in Vienna to consider cutting output to shore up prices. The price of benchmark West Texas Intermediate crude has dropped more than 30% the past few months, from more than $100 a barrel this summer to $75 a barrel this week. The drop is attributed to increased oil production from North America, among other factors.

OPEC , the…

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#OPEC

United Technologies CEO Louis Chenevert resigns United Technologies Corp. Chief Executive Louis Chenevert abruptly stepped down, startling people inside and outside the industrial conglomerate he led for six years.

#aerospace #Chenevert #United Technologies #UTC

Tesla Motors Inc: The Underdog Overpriced?

All of us back the Underdog, all of us want the underdog to achieve what it has set out to be. Popular culture also wants us to back the underdog. May it be the worst team in the IPL, or our own “Make in India” campaign, or a home grown Ecommerce giant going against the biggest boy in the market place ( no prizes for guessing who am I referring to). But sometimes, in our pursuit of wanting the…

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#bearish #electric cars #overpriced #tesla motors #underdogs

Ready, Set, Divest! The government of India is making a big push to get its divestment program going. After having approved plans to divest shares in…

#Coal India #Divestment #Fiscal Deficit #ONGC

Flipkart’s Most Frustrating Sale: The Vault!

Flipkart Listed a book “The Vault” by Emily McKay In the first week of November for Pre-order and surprisingly the book was listed at a price of 9 INR. Yes you saw that correct the price was 9 Indian rupees for an international book. So people bought the book crazily and the next day, few COD orders were cancelled by Flipkart and they gave some lame reasons to cancel the orders. Even the…

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#ecommerce #Flipkart #India

Financial Technologies Share Up Over 4%

Financial Technologies (India) Limited’s share price was up 4.31% on the BSE and 4.45% on the NSE, following news that it was going to sell Bourse Africa Limited. Financial Technologies is offloading the Mauritius-based exchange to Continental Africa Holdings for the tidy sum of $40.5 million (Rs. 240 crores). The sale will bring in some buffer capital for the firm in a period of continuing…

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#Bourse Africa #Financial Technologies #FMC #FTIL #Indian Stock Exchange #Jignesh Sharma #NSEL #Stock exchange

Wages increase among middle and young aged workers in USA

Young low- and middle-wage workers are seeing their earnings rise more rapidly than their older, higher-paid counterparts, reversing the trend that prevailed early in the economic recovery.

After a nationwide protest in September by labor activists to push for higher wages for fast food workers, the news comes as a respite. President Barack Obama, who has been pushing to increase the federal…

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#ADP #Labors #wages #Workers pay

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