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McDonald’s starts table service in Germany

FRANKFURT (Reuters) – McDonald’s Corp (MCD.N) is introducing table service in Germany as it reinvents itself as a “modern, progressive burger company” under new Chief Executive Steve Easterbrook. The world’s biggest fast-food chain has been testing myriad new ideas, including … Continue reading

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Ackman says shutting Herbalife down is key to him

WASHINGTON (Reuters) – Hedge fund mogul William Ackman, who has spent more than two years accusing Herbalife Ltd (HLF.N) of running a pyramid scheme, said on Monday that shutting down the company is “one of the most important things” he … Continue reading

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SEC says Wal-Mart can omit shareholder proposal on staff ‘engagement’

(Reuters) – Wal-Mart Stores Inc said it would omit a shareholder proposal that sought to link executive pay to a measure of staff motivation from a vote at its annual meeting in June after the U.S. securities regulator ruled in … Continue reading

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Wall St. rebounds from recent losses; deals help

NEW YORK (Reuters) – U.S. stocks climbed more than 1 percent on Monday, rebounding from a sharp decline last week, helped by deal activity in healthcare and a bounce in energy shares. Also boosting investors’ risk appetite, Chinese stocks surged … Continue reading

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Hong Kong retail rents drop as Chinese shoppers stop

HONG KONG (Reuters) – A drop in Chinese tourist numbers is driving down shop rentals in Hong Kong, with vacancies increasing in the same prime areas that just three years ago pipped New York’s Fifth Avenue to become the world’s … Continue reading

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Oil prices drop on possible Iran deal, dollar

LONDON (Reuters) – Oil prices fell on Monday as officials from Iran and six world powers discussed a possible deal over Tehran’s nuclear program that could bring an end to sanctions and allow an increase in Iranian oil exports. The … Continue reading

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Dufry details $4 billion fundraising plan for WDF buy

ZURICH (Reuters) – Dufry AG (DUFN.S) has fleshed out plans for its takeover of Italy’s World Duty Free SpA (WDF) (WDF.MI), as the Swiss company seeks to consolidate its position as the biggest player in the fast-growing airport retail sector. … Continue reading

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European, Asian shares rise, helped by Chinese stimulus

LONDON (Reuters) – Shares rose on Monday with Asian stocks buoyed by hopes for stimulus to boost China’s economy, but the euro slipped on more concern about Greece’s finances. In Europe, a rally in technology shares, tracking Friday’s surge in … Continue reading

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U.S. jobs to add heat to Fed lift-off debate

BRUSSELS (Reuters) – The state of the U.S. labor market in March will consume economists and investors in the week leading up to Easter, adding to the seesaw debate over when the Federal Reserve will spring its first interest rate … Continue reading

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U.S. jobs to add heat to Fed lift-off debate

BRUSSELS (Reuters) – The state of the U.S. labor market in March will consume economists and investors in the week leading up to Easter, adding to the seesaw debate over when the Federal Reserve will spring its first interest rate … Continue reading

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