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Former McDonald's reopen in Kazakhstan without logo
Former McDonald's reopen in Kazakhstan without logo
by  AFP

Several restaurants that used to work under the McDonald's brand in Kazakhstan reopened on Wednesday without the chain's logo, weeks after the fast-food giant exited the country over supply problems. The McDonald's logo no longer appeared on the reopened restaurants, with only a yellow capital M in the words "My Otkryty ("We Are Open").

Canada central bank raises key interest rate to 4.5%
Canada central bank raises key interest rate to 4.5%
by  AFP

Canada's central bank on Wednesday raised its key lending rate for the eighth time in less than a year, this time by 25 basis points to 4.5 percent, as it tries to tame inflation. "Inflation is projected to come down significantly this year," the bank said, though it remained at 6.3 percent in December -- three times the goal.

Boeing reports Q4 loss of $634 mn, reaffirms 2023 targets
Boeing reports Q4 loss of $634 mn, reaffirms 2023 targets
by  AFP

Boeing reported a fourth-quarter loss of $634 million on Wednesday as elevated operating and supply chain costs offset a December uptick in commercial plane deliveries. "Demand across our portfolio is strong, and we remain focused on driving stability in our operations and within the supply chain to meet our commitments in 2023 and beyond."

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