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McDonald’s Q3 Earnings: Higher Prices Helped Lift US Sales

Business NY Times - October 28, 2022

The fast-food chain is the latest in a number of companies that have managed to increase prices without seeing a drop in demand. » mehr lesen

European Central Bank Raises Interest Rates Again

Business NY Times - October 27, 2022

Policymakers on Thursday approved another hefty rate increase to corral prices that have risen “far too high.” » mehr lesen

Shell Reports Earnings of $9.45 Billion

Business NY Times - October 27, 2022

The oil and gas giant said it had avoided Britain’s “windfall” tax because of big capital expenditures in the North Sea. » mehr lesen

Credit Suisse Plans a Big Retreat From Wall Street

Business NY Times - October 27, 2022

Shares in the Swiss banking giant tumbled after its executive team laid out the details of a long-awaited restructuring plan. » mehr lesen

Kanye West Is Escorted From Skechers Offices, Company Says

Business NY Times - October 27, 2022

The footwear company said Mr. West, also known as Ye, had been “engaged in unauthorized filming” at one of its corporate offices in Los Angeles. » mehr lesen

A Rising Dollar Is Hurting Other Currencies. Central Banks are Stepping In.

Business NY Times - October 27, 2022

The Federal Reserve’s interest rate hikes are unsettling global markets and prompting other central banks to prop up their domestic currencies. » mehr lesen

Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes

Business NY Times - October 27, 2022

The restructuring includes shrinking its investment bank and raising $4 billion in capital from investors, including a state-owned Saudi bank. » mehr lesen

Lee Jae-yong, Samsung Heir, Elevated to Chairman After Jail Stint

Business NY Times - October 27, 2022

Lee Jae-yong, the company’s longtime de facto leader, had been serving a prison term for bribery before being released on parole and later pardoned. » mehr lesen