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McDonald’s plans ‘significant’ boost in tech spending

  Bloomberg McDonald’s Corp., which replaced its CEO last year with the hope of turning around sales, plans to significantly increase its investment in digital endeavors, inclu- ding self-serve kiosks and a mobile-ordering application. The investment marks a “very significant acceleration” from current levels, Jim Sappington, executive vice president of operations and technology systems, said in an interview. He declined ...

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German industrial orders disappoint

  Wiesbaden / AFP Industrial firms in Germany, Europe’s largest economy, saw an unexpected fall in new orders in September, official data showed on Monday, pointing to weaker performance in the months ahead. Companies saw order books shrink by 0.6 percent compared with August, correcting for price, seasonal and calendar effects, the federal statistics office Destatis said in preliminary figures. ...

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Nissan UK investment deal under EU scanner

  Bloomberg EU regulators are taking a closer look at an investment deal between Britain and Japanese auto maker Nissan that keeps production of two key models in the UK despite Brexit. “We have seen press reports regarding this issue. As a result, the Commission at services level is in contact with the UK authorities,” an EU spokesman said on ...

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