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Rupee Falls 9 Paise To 79.04 Against US Dollar In Early Trade

The rupee depreciated 9 paise to 79.04 against the US dollar in opening trade on Tuesday, weighed down by persistent foreign funds outflows. At the interbank foreign exchange, the rupee opened at 79.04 against the US dollar, registering a decline of 9 paise over the last close. On Monday, the rupee had closed at 78.95 […]

KPMG’s business in UAE split by partner infighting and coup attempt

KPMG’s business in the United Arab Emirates has been split by infighting, with the chief executive surviving an attempted coup after two senior partners raised governance concerns and were subsequently fired. The accounting group’s Lower Gulf business was pitched into turmoil last week as a group of partners planned a secret ballot to determine whether […]

Derby Chick-fil-A mobile operations take flight | Business

Chick-fil-A in Derby is branching out this summer, as the restaurant recently launched a mobile service initiative starting with a pop-up location in Haysville as of May 31. The satellite location is set up in front of the USD 261 Learning Center (150 Stewart Ave.) in Haysville and will be serving lunch from 11:30 a.m. […]

Argentina chooses former provincial official as next economy minister

Argentina has appointed a relatively unknown former provincial official as its new economy minister, after the abrupt departure of predecessor Martin Guzmán who negotiated a $44bn debt restructuring deal with the IMF. Silvina Batakis, 53, was set to take over on Monday a day after Guzmán, a close ally of President Alberto Fernández, became the […]

Policy uncertainty worsens; Eskom largest threat to the economy

The North West University (NWU) Business School’s Policy Uncertainty Index (PUI) increased to 60.9 during the second quarter, from 59.7 in the first quarter, and remains well in negative territory. This is the highest level recorded since the inception of the PUI in 2016. The further elevation in the second-quarter PUI, following on the sharp […]

Business donates for beach | News, Sports, Jobs

Submitted Photo Town of Hanover officials met to thank Marty Maloney, owner of Sunset Backyard Living, for his generous donation of a slide for The Town of Hanover Beach. Pictured shaking hands with Maloney is Ed Schintzius, town of Hanover Councilman, who worked with Marty to secure the donation. Pictured in […]

European stocks rise as traders weigh health of global economy

European stock markets started the week on an upbeat note as traders queried central banks’ resolve to keep raising interest rates amid mounting evidence of a global economic slowdown. The regional Stoxx 600 rose 1 per cent in early dealings on Monday, with London’s FTSE 100 adding 0.8 per cent and Germany’s Xetra Dax gaining […]

Del Vecchio’s close aide takes reins of business empire

The Luxottica name is reflected in a pair of sunglasses in this photo illustration taken in Rome February 4, 2016. REUTERS/Alessandro Bianchi Register now for FREE unlimited access to Reuters.com Register MILAN, July 4 (Reuters) – Leonardo del Vecchio’s close aide Francesco Milleri on Monday took the reins of the financial company holding 27 billion […]

Fundraiser held for Kevin McDowell’s family, business

Kevin McDowell presumably drowned trying to save another swimmer PORTLAND, Ore. (KOIN) — About a week after Capitol Bar owner Kevin McDowell presumably drowned in the Columbia River after jumping in to save a struggling swimmer, a fundraiser was held for his family and his business. Trang Nguyen, who owns the Vietnamese restaurant Friendship Kitchen […]

McDonald’s Dollar Drinks Deal Fades in the Face of Inflation

Inflation is coming for McDonald’s dollar drinks. Some McDonald’s Corp. locations are axing the chain’s U.S. deal offering soda and other cold beverages of any size for a buck as restaurant owners try to manage a record spate of inflation. Owners in a number of the chain’s markets recently have voted to ditch the drink […]