The operator of McDonald’s restaurants in China has raised about $2 billion in bank loans to free up liquidity that will help operate the business, according to people familiar with the matter, as the country maintains its zero-tolerance approach to fighting Covid-19. Chinese state-backed Citic Ltd., Citic Capital and US private equity firm Carlyle Group Inc. acquired control of the ...

Amazon.com Inc. is freezing staffing levels in its profitable advertising business, according to a person familiar with the matter, showing that the world’s largest e-commerce company is taking more drastic measures to align expenses with slowing sales. The headcount freeze was announced internally, said the person, who asked not to be identified because the plans are private. Amazon will continue ...

Boeing Co. only delivered 27 of its cash-cow 737 jetliners last month as its quality inspectors found and fixed a flaw in some of the narrowbody jet’s frames, Stan Deal, the planemaker’s commercial chief, told investors. That’s a dip from the 37 narrowbodies that Boeing handed over in September. While the planemaker isn’t expected to reveal its full monthly deliveries ...