(MENAFN - AFP) Fast-food giant McDonald's announced Wednesday it would stop serving chicken raised with antibiotics that are important to human health, as worries grow over resistance to crucial drugs.
McDonald's, primarily a hamburger chain but which also sells a number of chicken-based meals, said it has been working closely with poultry farmers to cut back the use of antibiotics.
(MENAFN - AFP) Russia's state-controlled energy giant Rosneft said Wednesday its annual net profit for 2014 was down by nearly 10 percent after Russia's economy took a battering from plunging oil prices and Western sanctions over Ukraine.
Rosneft said its net profit last year was 350 billion rubles ($5.63 billion according to the current exchange rate), a decline of 9.8 percent ...
(MENAFN - AFP) Europe's stock markets finished slightly higher Wednesday following earlier sluggishness and a downbeat session in Asia, as investors looked ahead to the European Central Bank's interest rate meeting.
London's benchmark FTSE 100 index of top companies inched up 0.44 percent to 6,919.24 points at the end of trading.
(MENAFN - AFP) Spain's economy minister on Wednesday again raised the prospect of Greece heading for a third bailout, as it is unlikely to regain access to capital markets before its current programme expires in June.
Economy Minister Luis de Guindos, one of the frontrunners to take over the presidency of the Eurogroup of finance ministers this year, said "unfortunately it ...
(MENAFN - AFP) Europe's stock markets were mainly flat Wednesday following a downbeat session in Asia, as investors examined weak data on the eve of the European Central Bank's interest rate gathering.
London's benchmark FTSE 100 index of top companies slipped 0.01 percent to 6,888.11 points in mid-afternoon trading.
Frankfurt's DAX 30 inched up 0.12 percent to 11,293.67 ...
(MENAFN - AFP) Russian retailers are being hit by consumers' loss of purchasing power, but Ulmart, the country's version of Amazon, expects to strengthen its position as people begin to count every kopeck.
"We are optimistic about this year," said Ulmart board chairman Dmitry Kostygin.
"But for certain competitors it will be difficult," the 42-year-old entrepreneur ...