McDonald's beats profit estimates on higher menu prices McDonald's beat Wall Street estimates for quarterly profit on higher menu prices, even as it warned short-term inflationary pressures would persist in 2023. Business • 31 Jan
Russia's McDonald's successor looks to Kazakhstan Vkusno & tochka, the Russian successor brand to McDonald's, has applied to have its trademarks registered in neighbouring Kazakhstan following the US company's exit from … Business • 16 Jan
McDonald's retains contact with Russian restaurants McDonald's regularly engages with its successor brand in Russia following its exit from the market earlier this year, communications that are needed to ensure terms … Business • 16 Dec 22
Russian McDonald's buyer buys HAVI firm The owner of McDonald's former restaurants in Russia, Alexander Govor, is buying privately-owned Russian logistics company HAVI, which has 14 distribution centres. Business • 17 Nov 22
McDonald's beats sales estimates on price hikes McDonald's has today beaten quarterly comparable sales estimates, helped by higher menu prices and an increase in restaurant traffic from inflation-weary customers looking for value … Business • 27 Oct 22
McDonald's re-opens in Ukraine, but for delivery only McDonald's in Kyiv re-opened today for the first time since Russia's invasion, a sign life was returning to normal in the capital after nearly seven … Business • 20 Sep 22
Russia's Govor to buy another Western firm The owner of McDonald's former restaurants in Russia has offered up to €151m to buy Finnish packaging firm Huhtamaki's local business, adding to his burgeoning … Business • 01 Sep 22
McDonald's to begin reopening Ukraine restaurants McDonald's said today that it plans on reopening its restaurants in Ukraine over the next few months in an early sign of western businesses returning … Business • 11 Aug 22
McDonald's Ireland hikes prices, cheeseburger now €1.70 McDonald's Ireland has confirmed that it will be increasing the price of a number of items on its menus. Business • 27 Jul 22
Producers of fries refusing to supply to Russia The head of the company now running the former McDonald's chain of restaurants in Russia told RBC TV that producers of French fries are refusing … Business • 15 Jul 22
Big Macs still sold in Russia despite McDonald's exit Big Macs remain on sale at some of McDonald's franchise locations in Russia despite most of its restaurants reopening on Sunday under new branding and … Business • 17 Jun 22
Rebranded McDonald's to reopen in Russia Sunday marks a new dawn for Russia's fast-food lovers as former McDonald's restaurants reopen under new branding and ownership, more than three decades after the … Business • 10 Jun 22
McDonald's new owner in Russia set to expand McDonald's Russia aims to reopen all restaurants in two months, its new owner Alexander Govor was quoted as saying today, and to expand to 1,000 … Business • 03 Jun 22
McDonald's lists possible names for Russian successor McDonald's in Russia has registered possible brand names for the firm taking over its fast-food restaurants there, including "Fun and Tasty" and "The Same One", … Business • 27 May 22
McDonald's Russia rebrand begins Workers removed the trademark "Golden Arches" sign from a McDonald's restaurant just north of Moscow today. Business • 23 May 22
McDonald's to sell Russia business to current operator McDonald's will sell its Russian business to its current licensee Alexander Govor and the restaurants would operate under a new brand, the world's largest burger … Business • 19 May 22
McDonald's to exit Russia after 30 years McDonald's today became one of the biggest global names to exit Russia, laying out plans to sell all its restaurants after operating for more than … Business • 16 May 22
McDonald's leans on price hikes to beat sales estimates McDonald's has today beaten estimates for quarterly sales as the world's largest fast-food chain benefited from price increases in the United States and the launch … Business • 28 Apr 22
Icahn steps up campaign against McDonald's pig farming Billionaire Carl Icahn has nominated two allies to the board of McDonald's, the company confirmed over the weekend, part of the activist investor's campaign against … Business • 21 Feb 22
Rising costs, pandemic curbs hit McDonald's profit McDonald's missed revenue and profit expectations, as higher costs and dismal sales in its over 4,500 restaurants in Australia and China due to Covid-led curbs … Business • 27 Jan 22
McDonald's sales soar on higher prices, new menu items McDonald's has today reported quarterly US sales that beat Wall Street expectations, helped by higher prices, larger order sizes and newer menu items such as … Business • 27 Oct 21
McDonald's sets target of reaching net zero by 2050 Fast food giant McDonald's has set a target of having net zero emissions by 2050. Business • 04 Oct 21
McDonald's Happy Meal toys to go green globally by 2025 McDonald's said today it will drastically cut the use of plastic in the more than one billion children's toys it sells globally each year by … Business • 21 Sep 21
Milkshakes off McDonald's UK menu as supplies run out Fast food giant McDonald's has run out of milkshakes in all of its UK restaurants due to supply chain problems. Business • 24 Aug 21
McDonald's announces 800 jobs as restrictions ease McDonald's has said it is adding 800 jobs across Ireland, which will see its workforce here rise to almost 6,000. Business • 20 Jun 21