Onetime locations of the iconic burger joint have reopened under a new name and ownership, bringing crowds back to restaurants that were empty for months due to the U.S. fast food giant’s exit from Russia. On Sunday, 15 outlets reopened under the name Vkusno & Tochka, meaning ‘tasty and that’s it.’ Alexander Nikolaevich Govor, the owner of the brand, hopes to resume business in all 850 former McDonald’s locations in the near future

While McDonald’s logos and signs were being taken down from its former restaurants in Russia, coffee giant Starbucks announced it would also leave the country due to the Russia-Ukraine war. The chain entered Russia in 2007 and had 130 locations across the country

How foods are flavored differently in various regions makes for a good economics topic

This week’s top stories were led by more major defaults, including more fallout from a state-owned miner’s missed payment. Meantime, McDonald’s has become the latest to eye China’s premium coffee market with plans to open McCafes at all its stores nationwide

Fast food giant plans to spend $380 million over next three years to place 4,000 upscale McCafes inside its China stores

BMW and McDonald’s sign partnerships in time to join expanding e-commerce universe for Double 11 sales event Nov. 11

Dr. Calvin Sun describes how the city’s health care system is straining under the surging numbers of Covid-19 cases, as patients are coming in sicker and younger

Swedish furniture giant says it will close all of its 33 Chinese outlets as nation mobilizes to fight the spreading disease

Plus, troubled Baoshang Bank gets a problem solver, Luckin plans fundraising to fuel expansion, and Douyin tops 400 million daily active users

State-owned conglomerate is looking for buyers for a 22% stake in the fast food giant’s China operation

Tie-up between SF, Havi shows consumer demand for cold products heating up

Wern-Yuan Tan becomes fourth boss in seven years after less than one year with the company

Investment firms that recently bought 2,700 McDonald's restaurants have renamed the Chinese operator Golden Arches

Burger giant inks new property-group deal to serve up thousands of new locations within five years

Fast-food leader makes statement after market is absent from first group for company program to reduce antibiotic use in animals

New York chain eyes 25 outlets in eastern China by 2028

Company says it will reach 4,500 locations in country by 2022 in new partnership with Citic, Carlyle

Spinoff for $2.08 billion is part of U.S. burger chain’s strategy of switching to asset-light, franchise-focused model

SEIU launches website aimed at protecting Chinese franchisees that could be adversely affected by fast-food giant’s sale of its self-owned local stores to two partners