As other investors flee China, KFC and McDonald's are planning their most ambitious expansions there. Both enjoy premier positions in China's fast food market, but the country's economic outlook ...

Many restaurant companies have turned to international growth to offset results from the struggling domestic economy, but when it comes to the largest prize in foreign expansion — China — it is a ...

McDonald's is buying Carlyle's stake in its China business, increasing its minority share from 20% to 48% ownership. The fast-food giant sold off control of its restaurants in mainland China, Hong ...

Starbucks faces significant hurdles in China, which mirrors McDonald's past struggles about a decade ago. If history is of any guidance, SBUX’s profitability and growth will be pressured for years, ...

MCD's 4Q24 is likely to be pressured by a combination of E. coli impact and weakness in the GCC region and China. China's competitive environment remains intense, with a combination of price deflation ...

McDonald's is one of the world's largest restaurant chains, drawing 60 million customers daily at more than 40,000 locations worldwide. And it's about to get even bigger. The fast food giant plans to ...

McDonald's is not only an American institution complete with its very own museum located in California-- it's also the world's largest restaurant chain, with over 41,000 locations globally as of 2024.

Russo shifts from Australia, where he was CEO, to Hong Kong. Other changes at McDonald's China Development Corporation (CDC) include the employment of Gary Rosen to the role of China marketing ...

SHANGHAI, March 30 (Reuters) - McDonald's Corp expects China to be the engine of growth in the Asia Pacific over the next five years and predicts a good first quarter for same-store sales in the Asia, ...