Countries with big deficits must offer clear plans on how they will balance their budgets to maintain investor confidence and avoid problems seen in Europe, top economic policymakers said on Monday.
Countries with big deficits must offer clear plans on how they will balance their budgets to maintain investor confidence and avoid problems seen in Europe, top economic policymakers said on Monday.
Burger King Holdings Inc said on Monday it expects unfavorable foreign exchange rates, primarily related to the euro, to reduce earnings for the current quarter by 1 to 2 cents per share.
Morgan Stanley Chairman John Mack said that banks wanting to participate in the initial public offering of General Motors Co were being asked about lending lines for the ailing U.S. automaker.
Burger King Holdings Inc said on Monday it expects unfavorable foreign exchange rates to reduce earnings for the current quarter by 1 to 2 cents per share, and to have a neutral to slightly negative impact on full-year results.
Coca-Cola Co will pay Dr Pepper Snapple Group Inc $715 million for the right to continue selling Dr Pepper drinks once it acquires its North American bottler.
Coca-Cola Co will pay $715 million to distribute drinks from Dr Pepper Snapple Group , which had earlier reached a similar, but pricier arrangement with PepsiCo .
Google Inc said on Saturday it would hand over data it collected through wireless networks to French, German and Spanish authorities as it faces mounting legal issues concerning its data collection.
The world's top economies scrapped plans for a universal global bank tax on Saturday, giving countries plenty of wiggle room over how to make banks pay for their bailouts in future.
Finance chiefs raced on Saturday to agree on ways to support growth and make global banks safer with a warning from Washington ringing in their ears that Europe and Japan must do more to boost home-grown demand.
The world's top economies were set to ditch plans for a universal global bank levy on Saturday amid signs of slippage in other reforms pledged during the financial crisis.
McDonald's Corp has recalled at least 13.4 million Shrek-themed drinking glasses in the United States and Canada after consumers were warned to stop using them because they contain the toxic metal cadmium.
Leading policymakers spoke with unusual frankness on Friday of their fears that the euro zone's financial and banking woes could derail the global economic recovery.
McDonald's Corp has recalled at least 13.3 million Shrek-themed drinking glasses in the United States and Canada after consumers were warned to stop using them because they contain the toxic metal cadmium.
Even the all-time greats need help to do their best.
McDonald's Corp has recalled 12 million Shrek-themed drinking glasses in the United States after a federal agency warned consumers to stop using them because they contain the toxic metal cadmium.
(Corrects number of drinking glasses in stores or not yet shipped in paragraph 12)
Leading policymakers were unusually candid on Friday in voicing fears that the euro zone's financial and banking woes could derail the global economic recovery.
Leading policymakers expressed concern on Friday about the health of the world economy even as they closed ranks behind the euro zone's efforts to tackle a debt crisis that has rattled global markets.
G20 finance ministers and central bankers will endorse efforts to douse the euro zone's debt crisis but are far apart on the contentious issue of a global bank levy, a senior South Korean official said on Friday.
Disagreements over how quickly to reduce billowing budget deficits and restore balance to the global economy risk straining high-level Group of 20 talks that started on Thursday.
The world's top nations will back general principles rather than a specific tax to make banks pay for their own bailouts in future, finance ministers and diplomats said on Thursday.
