Business

McDonald's battle with franchisee in India escalates as it terminates deal

McDonald's battle with franchisee in India escalates as it terminates deal

Explaining the reason behind the move, McDonald's accused CPRL of violating numerous terms of the agreement. McDonald's has said that CPRL can not use its trademarks, designs and branding in India, PTI reported. Connaught Plaza in a separate statement said it's considering "appropriate legal remedies" in response. The termination of agreement includes all restaurants impacted by the recent failure to renew the eating house licences, the company said.


Solar eclipse glasses recalled by Dutch Brothers Coffee

Solar eclipse glasses recalled by Dutch Brothers Coffee

It's the latest in a series of recalls for eclipse glasses. Please return these glasses to the Dutch Bros Coffee location where you received them for a FREE DRINK of your choice-any drink, any size. The organization has a list it keeps updated. Another wrote : "Pisses me off getting up at 4 in morning waiting in line to get these for my kids and they are unsafe thank you for the warning but this was all we had to watch it now we cant".


Birmingham to land two Arsenal stars on loan

Birmingham to land two Arsenal stars on loan

Birmingham manager Harry Redknapp expressed his desire to add to his squad following the 2-1 Championship defeat to Burton on Friday. Former England worldwide Jenkinson, 25, has been surplus to requirements at Arsenal and played just five games for the Gunners last season.


YouTube adds 'breaking news' section for homepage and mobile apps

YouTube adds 'breaking news' section for homepage and mobile apps

Today, my "breaking news" tab had a lot of news on Bannon's exit from the White House. YouTube's foray into the news media market isn't new. For many, YouTube is the go-to place for footage of any major event that takes place as the video-streaming website is often credited with finding videos that are covering the most significant of news in real time.


Sempra Energy gazumps Warren Buffett with US$9.45bn deal for Oncor

Sempra Energy gazumps Warren Buffett with US$9.45bn deal for Oncor

San Diego-based Sempra announced the deal today, after Oncor's owner, Energy Future, abandoned a deal to sell to Buffett's Berkshire Hathaway after coming under pressure from an activist investor. Sempra, which a year ago achieved revenues of over $10bn, claimed the deal would begin to enhance its earnings from the beginning of 2018. " Berkshire Hathaway Energy has offered a positive, simple, straightforward deal that benefits Oncor and its customers", Oncor chief executive officer Bob ...


Essar Oil completes $13 billion sale to Rosneft in largest FDI deal

Essar Oil completes $13 billion sale to Rosneft in largest FDI deal

Debt-laden Essar group today concluded the sale of its crown jewel Essar Oil , including the captive port, power and retail assets, to Moscow-controlled oil giant Rosneft and a consortium of investors for Dollars 12.9 billion, making it the largest FDI into the country.