McDonald's Posts , Disappointing Q1 Results , Amid Ongoing Boycotts.
'The Independent' reports that McDonald's posted weaker-
than-expected results in the first quarter of 2024, as a result
of a boycott over the company's perceived support for Israel. .
'The Independent' reports that McDonald's posted weaker-
than-expected results in the first quarter of 2024, as a result
of a boycott over the company's perceived support for Israel. .
According to McDonald's, higher sales in the
United States helped the fast-food giant overcome
weakness in markets where the brand is being boycotted.
According to McDonald's, higher sales in the
United States helped the fast-food giant overcome
weakness in markets where the brand is being boycotted.
The company saw same-store sales rise by
1.9% worldwide between January and March,
below the Wall Street forecast of 2.1%.
Increased menu pricing and delivery demand
saw same-store sales in the U.S. increase by 2.5%.
In international markets, sales fell
by 0.2% for the first time since 2020.
Despite this, McDonald's said the company's revenue
increased 5% to reach $6.17 billion, while net income went
up 7% to $1.93 billion, in-line with Wall Street estimates.
'The Independent' reports that Muslim-majority
markets like Indonesia, Malaysia and the Middle East
have been boycotting McDonald's for months.
The boycotts started after a McDonald's franchise in
Israel announced in October that it would provide free
meals for Israeli troops amid the ongoing war in Gaza.
In the months since then, the company has tried to limit
the fallout by taking over all 225 McDonald's in the country
with the purchase of Alyonal Limited, its Israeli franchise.
Our hearts remain with
the communities and families
impacted by the war in the Middle East.
We abhor violence of any kind and
firmly stand against hate speech,
and we will always proudly
open our doors to everyone, McDonald's statement, via 'The Indepndent'.
Our hearts remain with
the communities and families
impacted by the war in the Middle East.
We abhor violence of any kind and
firmly stand against hate speech,
and we will always proudly
open our doors to everyone, McDonald's statement, via 'The Indepndent'
Credit: Wibbitz Top Stories Duration: 01:30Published
Tragedy struck on Tuesday as two helicopters collided mid-air during a rehearsal for a Royal Malaysian Navy parade, resulting in the loss of ten lives. The navy confirmed that all victims were crew members aboard the aircraft involved in the accident. The incident occurred at the Lumut naval base in the western state of Perak at 9:32 a.m. local time.
"All victims were confirmed dead at the scene and sent to the Lumut army base hospital for identification," the navy said.
#MalaysianNavy #HelicopterCollision #NavalParadeTragedy #LumutBase #MilitaryAccident #HelicopterCrash #NavalRehearsal #Condolences #TragicLoss #NavyPersonnel
~PR.152~ED.155~
8 Countries with Lower
Cost of Living Options.
KindaFrugal.com recently offered some tips for readers
looking to relocate abroad due to the increasing cost
of housing, healthcare and other essential expenses in the U.S. .
Here are some of the countries they say
offer a more reasonable cost of living:.
Portugal, In addition to a relatively low cost of living,
Portugal is a sought-after destination due
to beautiful weather and minimal taxation.
Ecuador, Affordable housing costs include average square
foot prices for city center apartments less than
half the average of in the U.S. at just $116.48.
Vietnam, Affordable housing, inexpensive groceries and
transportation costs make this an attractive option
for expats looking for a comfortable lifestyle overseas.
Montenegro, An affordable lifestyle, beautiful weather and
over 183 miles of coastline gives this quiet
Balkan nation a Mediterranean vibe. .
Malaysia, Reasonable housing, utility and transportation costs
give would-be expats a chance to save money,
while still living comfortably in a tropical nation.
Poland, Europe's sixth-largest economy
has an average cost of living
that's 58% lower than in the U.S.
Thailand, Favorable exchange rates allow Western
expats to enjoy a comfortable lifestyle
while stretching their finances further. .
Costa Rica, Affordable housing, healthcare services and amenities
makes Costa Rica ideal for stretching retirement
savings while still living a more luxurious lifestyle.
Credit: Wibbitz Top Stories Duration: 01:31Published
Step into the world of high fashion with our exclusive coverage of the Met Gala 2024! From Alia Bhatt's stunning Sabyasachi saree to innovative interpretations of the time-themed attire, delve into the glitz, glamour, and groundbreaking fashion moments from one of the most anticipated events of the year. Explore the red-carpet highlights, inside the museum's 'Sleeping Beauty: Reawakening Fashion' exhibition, and more. Join us for a night of unparalleled elegance and creativity at the Met Gala 2024!
#MetGala #MetGala2024 #MetGalaEvent #MetGalaCelebrities #GardenofTime #AliaBhattMetGala2024 #KendellJennerMetGala2024 #TylaMetGala #EntertainmentNews #Oneindia
~HT.99~PR.274~ED.103~
Sam Pitroda, Indian politician and close aide to the Congress party, has sparked yet another controversy with his recent remarks. In a statement, Pitroda commented on the appearance of people from the East, drawing criticism from the BJP. This comes after Pitroda's earlier controversial statement regarding inheritance tax in the United States. Stay tuned for more updates on this developing story.
#SamPitroda #SamPitrodaControversy #SamPitrodaCongress #CongressvsBJP #SamPitrodaRacistComment #SamPitrodaControversialRemark #SamPitrodaOversees #CongressUnitedStates #OneindiaNews
~ED.194~HT.318~GR.123~
Dive into the controversy surrounding Tesla's recent layoffs as Elon Musk's termination mail, described as 'insensitive', sparks outrage among employees and netizens. Join us as we explore the fallout and hear firsthand accounts from affected employees, shedding light on the human impact of corporate decisions.
#ElonMusk #ElonMuskMail #Tesla #TeslaLayoff #TeslaTerminationMail #TeslaEmployee #TeslaNews #Oneindia
~HT.178~PR.274~ED.194~GR.121~
Explore the inauguration event marking Vladimir Putin's fifth term as president, amidst growing isolation from the West. Despite criticism, Putin solidifies his domestic power, highlighted by a church service aiming to bolster his rule. Delve into the implications of Putin's continued leadership amid international tensions.
#VladimirPutin #PutinInaugurationCeremony #RussiavsWest #VladimirPutinInauguration #Putin5thTerm #RussiaUkraineWar #Oneindia
~PR.274~ED.101~GR.121~HT.96~
Israeli tanks seized the Rafah Crossing in Gaza, intensifying conflict as warplanes bombarded homes. At least 12 casualties were reported. Despite Hamas accepting a ceasefire, Israel vowed to continue its military operation. Troops are conducting a "limited op," trapping civilians. Egypt closed Rafah Crossing to prevent mass exodus. Over a million refugees sheltering in Rafah face grave risk, prompting UN warnings and international appeals ignored by Israel.
#Israel #RafahCrossing #Gazawar #Egypt #RafahOffensive #UN #IsraelGazalive #IsraelHamas #Worldnews #Oneindia #Oneindianews
~PR.152~ED.101~GR.125~HT.96~
Groups of teenagers ransacked an Apple store in the US's Philadelphia on Tuesday looting iPhones, iPads, and other products, stuffing them into plastic bags before fleeing. The teens, reportedly more..
Days after an offensive video from a pro-Khalistan group threatening Hindus in Canada to leave the country went viral, top federal public safety officials and politicians have denounced the ''online..
A couple from Punjab, who went viral for selling kulhad pizza, are embroiled in a controversy after a clip, allegedly featuring them, surfaced on the Internet. The food cart owner, Sehaj Arora, has..
![Watch: Malaysian scientists save marine mammals by listening to the sounds of the sea [Video]](https://video.newsserve.net/300/v/20240506/1374817388-Watch-Malaysian-scientists-save-marine-mammals-by-listening.jpg)
![McDonald's Posts Disappointing Q1 Results Amid Ongoing Boycotts [Video]](https://video.newsserve.net/300/v/20240430/1374181962-McDonald-Posts-Disappointing-Q1-Results-Amid-Ongoing.jpg)
![Malaysian navy helicopters collide mid-air during rehearsal, all 10 crew members dead | Oneindia [Video]](https://video.newsserve.net/300/v/20240423/1373488552-Malaysian-navy-helicopters-collide-mid-air-during-rehearsal.jpg)
![8 Countries with Lower Cost of Living Options [Video]](https://video.newsserve.net/300/v/20240318/1369307960-Countries-with-Lower-Cost-of-Living-Options.jpg)
![Met Gala 2024: Alia Bhatt to Kendall Jenner, Who Excelled the 'Garden of Time' Theme | Oneindia News [Video]](https://video.newsserve.net/300/v/20240508/1374986916-Met-Gala-2024-Alia-Bhatt-to-Kendall-Jenner.jpg)
![Congress' Sam Pitroda's Controversial Remark Goes Viral: BJP Calls it 'Racist' | Oneindia News [Video]](https://video.newsserve.net/300/v/20240508/1374975638-Congress-Sam-Pitroda-Controversial-Remark-Goes-Viral.jpg)
![Tesla Layoffs: Elon Musk's 'Insensitive' Termination Mail Goes Viral, Employee Responds | Oneindia [Video]](https://video.newsserve.net/300/v/20240507/1374913768-Tesla-Layoffs-Elon-Musk-Insensitive-Termination-Mail.jpg)
!['Make A Choice': Putin Daring Speech Against NATO & West In Front Of Cheering Crowd | Oneindia News [Video]](https://video.newsserve.net/300/v/20240507/1374908756-Make-Choice-Putin-Daring-Speech-Against.jpg)
![Israel Shuts Gaza Side Of Rafah Border Crossing As Troops & Tanks Storm Into City| Oneindia News [Video]](https://video.newsserve.net/300/v/20240507/1374902050-Israel-Shuts-Gaza-Side-Of-Rafah-Border-Crossing.jpg)
![Philadelphia: Teens loot US Apple store in mad frenzy | Viral Video | Oneindia News [Video]](https://video.newsserve.net/300/v/20230927/1358474720-Philadelphia-Teens-loot-US-Apple-store-in-mad.jpg)
![Canada vs India: Canadian ministers denounce hate, mum On Pro-Khalistani outfit | Oneindia News [Video]](https://video.newsserve.net/300/v/20230923/1358315615-Canada-vs-India-Canadian-ministers-denounce-hate-mum.jpg)
![Kulhad Pizza Couple Viral Video: Sehaj Arora Clarifies on leaked video, calls it fake |Oneindia News [Video]](https://video.newsserve.net/300/v/20230923/1358312200-Kulhad-Pizza-Couple-Viral-Video-Sehaj-Arora-Clarifies.jpg)
