Tag: McDonalds

McBrexit: Fast Food Giant Moves HQ from EU to London

McDonald’s Corp (MCD.N) said on Thursday it would move its international tax base to the United Kingdom from Luxembourg after coming under increased scrutiny from European Union regulators over its tax arrangements in the small country. McDonald’s said it would

Venezuela: No Bread Forces McDonald’s to Stop Selling Big Macs

McDonald’s has ceased production of its signature Big Mac sandwich in Venezuela, citing a shortage of bread that makes it impossible to mass produce the product. The move, the latest in McDonald’s production woes in the socialist nation, follows President Nicolás Maduro’s order placing the nation’s military in control of the food supply.