McDonald’s and Starbucks say Gaza conflict is hurting business ...News

Economy by : (Russia Today) -
The US fast-food giants have faced boycotts in Muslim countries over perceived support for Israel The conflict between Israel and Palestinian militants in Gaza has hurt McDonald’s sales in the Middle East, the US fast-food chain has said. The company’s fourth-quarter revenues released on Monday were below market expectations, with the burger giant citing the impact of the conflict in the Middle East. Sales growth in the licensed franchise markets was also weaker than expected. McDonald’s shares fell nearly 4% following the report. Another American company, coffee franchise Starbucks, also revealed last week that i

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