Pizza Hut is testing out a lighter pizza in two U.S. markets as it seeks to freshen up its menu and regain its footing against competitors.» Read More
SHANGHAI, Sept 2- McDonald's Corp will increase the number of audits it conducts of suppliers in China, the firm said on Tuesday, after a food scandal in July dented China sales at the U.S. fast food chain and rival Yum Brands Inc. Industry insiders had told Reuters that suppliers in China often knew about audits in advance.
LONDON, Sept. 2- Burger King may have taken a lot of flack in the past week for a deal that should curb its U.S. tax bill but in many ways it is consistent with the burger chain's aggressive tax-reduction strategies in recent years. They say it will allow Burger King to avoid paying some U.S. taxes.
There's a Wolf on 92nd Street! Panic in the Hamptons! Raj Mahal finds some strange signs of a market top.
A lifetime of Taco Bell could be hiding in your wallet.
SHANGHAI, Aug 25- The entanglement of H.J. Heinz Co. in China's latest food scare highlights a key concern for international and local firms- how to keep track of ingredients from diverse sources in a country where food supply tracing technologies are far from the norm.
Amid rising beef and cheese prices, what exactly does a dollar buy these days? Not a whole lot, as it turns out.
HONG KONG, Aug 22- A Chinese retailer is offering insurance to customers who buy infant milk powder, highlighting the lengths to which companies are going to address concern about food safety in China.
HONG KONG, Aug 22- A Chinese retailer is offering insurance to customers who buy infant milk powder, highlighting the lengths to which companies are going to address concerns about food safety in China.
At a dinner for media, McDonald's offered fine cuisine dishes as part of a campaign to shake its reputation for serving cheap, unhealthy food.
*Chinese academic took "huge rewards" from Qualcomm- Xinhua. BEIJING, Aug 14- Qualcomm Inc, under investigation for possible monopolistic practices in China, said it had no direct financial links with an antitrust expert sacked from a government advisory post after state media reported he had received payments from the firm.
SAN FRANCISCO, Aug 11- Foodpanda, an online take-away food delivery company active in dozens of emerging markets, said it had raised $60 million in new financing from a group of investors including existing backer Rocket Internet AG.
SHANGHAI, Aug 11- Five fast food chains including McDonald's and Yum Brands Inc have published details of their suppliers on their Chinese websites following a request from Shanghai authorities after a food safety scare.
Sentiment on the ground isn't meshing with the official data when it comes to inflation.
The hamburger joint's poor sales are just another indication consumers have lost their appetite for fast food, says CNBC's Jim Cramer.
Expect a shakeup in the restaurant rankings if Janney's predictions for America's top 10 restaurant chains in 2020 are correct.
"While this matter will negatively impact results in the near term, we cannot reasonably estimate the impact on full year 2014 earnings at this time," according to a regulatory filing from McDonald's, which has just over 2,000 restaurants in China.
Aug 4- McDonald's Corp's sales in markets, including China and Japan, are experiencing a "significant negative impact" since a food safety scandal in China a fortnight ago forced it to halt the sale of items such as Big Macs and Spicy McWings.
Aug 4- The Shanghai branch of China's Public Security Bureau has detained six employees of the meat supplier at the center of the country's latest food-safety scandal, the supplier's U.S.-based parent company confirmed on Monday.
McDonald's sales in markets, including China and Japan, are experiencing a "significant negative impact" since a food safety scandal in China.
McDonald's will restore its full menu in some Chinese cities this week, a fortnight after a food safety scandal forced the company to halt meat sales.