Bloomberg McDonald’s Corp. is ending its sponsorship of the Olympic Games three years earlier than planned, removing one of the event’s biggest corporate partners at a time when its allure is fading. The International Olympic Committee and the fast-food giant are terminating their worldwide partnership, effective immediately, they said in a statement on Friday. McDonald’s will continue to be a …

Bloomberg Telia AB is considering a plan to reduce its stake in Russian telecommunications service provider MegaFon PJSC as the Swedish carrier focuses on its home region, according to reports. Telia is considering selling about $500 million of MegaFon as early as this week in an accelerated sale to institutional investors, depending on demand and market conditions, the people said, …

Bloomberg This should be a great time to run the world’s largest airline, with years of fat profits, record travel demand and a huge vote of confidence from billionaire investor Warren Buffett. Instead, American Airlines is trailing the market again after a lackluster 2016 and a 21 percent drop in 2015. It abandoned part of a plan to eke out …