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Investment
McDonald’s to raise royalty fees for new franchised restaurants
McDonald's franchisees who add new restaurants will soon have to pay higher royalty fees.The fast-food giant is raising those fees from 4% to 5%, starting Jan. 1. It's the first time in nearly three decades that McDonald's is hiking its…
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Street Fighter, Resident Evil maker Capcom on synergy in films, gaming
PARIS, FRANCE - NOVEMBER 01: Gamers play the video game 'Street Fighter 6' developed and edited by Capcom during Paris Games Week 2022 at Parc des Expositions Porte de Versailles on November 01, 2022 in Paris, France. After two years of…
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Foodpanda confirms talks to sell part of its Asia business, layoffs
A courier for Foodpanda, a meal-delivery service operated by Delivery Hero AG, checks his smartphone while sitting on a motorcycle at the company's operations center in Bangkok, Thailand, on Friday, March 16, 2018. Bangkok's famed love…
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cheqd has launched Credential Payments, a new feature of its Credential Service
cheqd (cheqd.io) is a privacy-focused payment and credential network that empowers users and organizations to take…
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Asian Development Bank trims growth forecast for region
The Asian Development Bank trimmed its 2023 growth forecast for the region to 4.7% on the back of China's embattled property sector and a persistently high interest rate environment.This marks a slight downward revision from the bank's…
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Huawei’s chip breakthrough poses new threat to Apple in China
A man check his phone near an Apple logo outside its store in Shanghai, China September 13, 2023. Aly Song | ReutersApple is facing a number of issues in China, with geopolitical risks mounting and the economy still not firing as many…
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Bitwave acquires payments and accounting platform Gilded
The two companies have not disclosed the acquisition price.
Bitwave completed a $15 million Series A investment round in…
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Stellantis offers raises, inflation protection to UAW as strikes continue
Demonstrators during a United Auto Workers (UAW) practice picket outside the Stellantis Mack Assembly Plant in Detroit, Michigan, US, on Wednesday, Aug. 23, 2023.Jeff Kowalsky | Bloomberg | Getty ImagesStellantis said Saturday that its…
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BitGo and Swan partner to launch a Bitcoin-only trust company
Key takeaways
BitGo and Swan to launch a new trust company
Crypto custodian BitGo and bitcoin financial services firm…
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Hold cash for now, don’t buy debt and bonds
Ray Dalio, billionaire and founder of Bridgewater Associates LP, speaks during the Milken Institute ConferenceBloomberg | Bloomberg | Getty ImagesAs concerns mount over rising interest rates and inflation levels, billionaire investor Ray…
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