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
An earthquake with a magnitude of 6.5 shook Indonesia's Java island, causing widespread tremors. Despite the intensity, there was no tsunami alert issued by the BMKG. The USGS reported the quake's depth at 68.3 kilometers (42 miles). Stay updated on the latest seismic activity.
#IndonesiaEarthquake #JavaIsland #Jakarta #JavaEarthquake #JakartaEarthquake #EarthquakeinIndonesia #JokoWidodo #Oneindia
~PR.274~ED.102~GR.123~HT.318~
The pontiff also voiced concerns about the ongoing conflicts in Ukraine and Gaza and expressed concerns about the welfare of Rohingya, thousands of whom have fled a bloody military crackdown in Myanmar.
Credit: euronews (in English) Duration: 01:46Published
Tragedy struck as a wooden boat carrying an estimated 150 Rohingya refugees capsized off the coast of Indonesia's Aceh province, sparking fears of multiple fatalities. The vessel encountered distress approximately 19km (12 miles) from the shores of Kuala Bubon on Aceh's west coast, succumbing to turbulent seas on Wednesday morning. Amidst the chaos, six individuals - four women and two men - were plucked from the water by Acehnese fishermen and ushered to safety in a nearby shelter. Tragically, it is believed that the majority of the presumed casualties were women and children, unable to navigate the waters and swept away by relentless currents.
#Rohingya #Refugees #BoatCapsizes #Indonesia #Tragedy #HumanitarianCrisis #RefugeeCrisis #SearchAndRescue #DisasterRelief #Survivors #HumanRights #Migration #InternationalAid #RescueMission #EmergencyResponse #RefugeeSafety #RohingyaBoatTragedy #MigrantCrisis #GlobalSolidarity #SupportRefugees
~HT.99~ED.102~PR.152~
A magnitude-6.4 earthquake struck near Indonesia's Java island, causing tremors felt in Jakarta and prompting evacuations in another city. No immediate casualties or damage were reported, and no tsunami warnings were issued. Indonesia, situated on the Pacific "Ring of Fire," faces frequent seismic activity. Past quakes, like a 2021 Sulawesi tremor and the 2004 Aceh disaster, highlight the nation's vulnerability and the need for robust disaster preparedness.
#IndonesiaEarthquakes #Indonesia #Aceh #IndonesiaJava #JavaIsland #Earthquakenews #Earthquakeupdates #Worldnews #Indonesianews #Oneindia #Oneindianews
~PR.152~ED.101~HT.95~
Sixty nine Rohingya refugees, clinging to the upturned hull of a boat, were rescued at sea on Thursday off Indonesia's Aceh region after their ship sank. COMPLÈTENT 34LX2LH
Indonesia recovers two bodies after Rohingya boat capsizes off Aceh
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