Tasty name but no Big Mac: Russia opens rebranded McDonald’s restaurants

June 12 (Reuters) – It might look and smell like McDonald’s but now it’s Vkusno & tochka. The golden arches are gone, the Filet-O-Fish is simply a fish burger. The Big Mac has left Russia. A new era for Russia’s fast-food and economic scene dawned on Sunday, as McDonald’s (MCD.N) restaurants flung open their doors … Read more

Seven bodies found at scene of helicopter crash in Italy

ROME, June 11 (Reuters) – Rescuers have found the bodies of seven people killed in a helicopter crash in Italy, local authorities said on Saturday, two days after the aircraft disappeared from radar screens. The helicopter had taken off on Thursday from Lucca in Tuscany and was heading towards the northern city of Treviso when … Read more

Biden invokes Defense Production Act to increase infant formula supply

WASHINGTON, May 18 (Reuters) – President Joe Biden took steps on Wednesday to address the shortage of infant formula in the United States, invoking the Defense Production Act to help manufacturers obtain the ingredients needed to ramp up supply, the White House said. Biden also directed US agencies to use Defense Department commercial aircraft to … Read more

Golden arches to go dark in Russia as McDonald’s exits after 30 years

May 16 (Reuters) – McDonald’s Corp (MCD.N) on Monday became one of the biggest global names to exit Russia, laying out plans to sell all its restaurants after operating for more than 30 years in the country following its invasion of Ukraine. The world’s largest burger chain, which owns about 84% more its nearly 850 … Read more

India bans wheat exports as heatwave hurts crop, domestic prices soar

A combine deposits harvested wheat in a tractor trolley at a field on the outskirts of Ahmedabad, India, March 16, 2022. REUTERS/Amit Dave Register now for FREE unlimited access to Reuters.com Register Ban could push global wheat prices to new peaks India was aiming to export 10 mln T wheat prior to the ban Heatwave … Read more

EXCLUSIVE Maker of Walmart, Amazon store-brand infant formulas expects shortages through rest of 2022

Empty shelves show a shortage of baby formula at a Target store in San Antonio, Texas, US May 10, 2022. REUTERS/Kaylee Greenlee Beal Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 13 (Reuters) – Perrigo Company PLC (PRGO.N), which makes store-brand baby formulas for retailers including Walmart Inc (WMT.N) and Amazon.com … Read more

Vietnam’s Vinfast to build $2 bln electric vehicle factory in U.S.

HANOI/SAN FRANCISCO, March 29 (Reuters) – Vietnam’s automaker VinFast said on Tuesday it has signed a preliminary deal to initially invest $2 billion to build a factory in North Carolinato make electric buses, sport utility vehicles (SUVs) along with batteries for EVs . The unit of Vietnam’s biggest conglomerate Vingroup (VIC.HM), said it plans to … Read more

U.S., G7 allies to move to strip Russia of ‘most favored nation’ status – sources

US President Joe Biden holds a virtual meeting with business leaders and state governors to discuss supply chain problems, particularly addressing semiconductor chips, at the White House campus in Washington, US, March 9, 2022. REUTERS/Jonathan Ernst Register now for FREE unlimited access to Reuters.com Register WASHINGTON, March 10 (Reuters) – The United States, together with … Read more

Ukraine accuses Russia of genocide after bombing of children’s hospital

Hospital hit by several Russian bombs, city council says Russia’s foreign minister arrives in Turkey for talks Russia had earlier agreed to ceasefire for evacuation Moscow denies targeting civilians LVIV, Ukraine, March 9 (Reuters) – Ukrainian’s president accused Russia of carrying out genocide after officials said Russian aircraft bombed a children’s hospital on Wednesday, burying … Read more

Russian offensive slows, says Ukraine, as residents flee bombed-out cities

Russian offensive significantly slower, says Ukraine Second senior Russian commander killed, says Ukraine Frightened residents flee cradling babies and pets Oil price rises as US considers Russia import ban Russia warns it could turn off gas pipeline to Germany LVIV/IRPIN, Ukraine, March 8 (Reuters) – Russia’s offensive in Ukraine continued but at a significantly slower … Read more