Big Macs go cold as young Americans drop McDonald’s for tastier rivals

It is not just the world’s biggest burger chain; it is also a global emblem of American consumer capitalism. But these days the golden arches of McDonald’s are looking a little tarnished.

AstraZeneca shares fall after Pfizer walks away from deal

AstraZeneca shares fell on Tuesday after its spurned US suitor Pfizer walked away from a £69.4bn takeover attempt.

Boeing freezes pensions for 68,000 employees

US aerospace company Boeing has frozen defined-benefit pensions for 68,000 employees, including management and executives.

China derides US 'Cold War mentality' towards telecoms firm Huawei

BEIJING: The United States is exhibiting a "Cold War mentality" with its fears that Chinese telecommunications equipment manufacturer Huawei poses a security risk because of its ties to the Communist Party, China's commerce minister said on Saturday.

US firms less optimistic, but will still invest in China: Survey

WASHINGTON: Many US companies are less optimistic about doing business in China even though sales there are still rising, and most of those firms are planning to increase investment, according to an annual survey of business executives released on Wednesday.

Apple becomes the most valuable company of all time

Apple - the world's most valuable firm - is now the most valuable company of all time, with a market value of approximately $623bn (£397bn).

European fiscal crisis drags down business travel

NEW YORK: US companies are scaling back their travel plans in response to Europe's financial crisis and uncertainty about the economy at home.

Apple emerges as top American brand, Wall Street firms the worst: Study

Apple Inc has the best image of any American company, scoring a record high in a new reputation study, while financial institutions filled the ranks of the worst.