Bloomberg McDonald’s reported a big jump in first-quarter earnings as chief executive Steve Easterbrook said higher sales in all regions showed a turnaround plan was succeeding. Earnings were $1.1 billion, up 35.4 percent from the year ago period. Revenues dipped 1.0 percent to $5.9 billion. Easterbrook took over as chief executive in March 2015, following a long run of ...

  DUBAI / Reuters A $1 billion Dubai indoor theme park built by a local family conglomerate will break even in its first year of operation, the company said, dismissing concerns that the city is headed for a glut of entertainment attractions. IMG Worlds of Adventure, which owners Ilyas and Mustafa Galadari Group (IMG Group) predict will be the world’s ...

  Bloomberg BHS Group Ltd. expects to enter administration, a company representative said on Monday, putting 11,000 jobs at risk in what would be the biggest U.K. retail collapse since Woolworths Group Plc in 2008. Advisory firm Duff & Phelps is working with the store owner on the administration, a form of insolvency protection, he said. BHS, which opened its ...