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McDonald’s Will Open 200 Restaurants In Nordic Region

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McDonald’s will open 200 restaurants in the Nordic region over the next 10 years, as well as begin home deliveries this year in an attempt to take on rivals, such as Taco Bell and Yum! While the fast-food chain reported its highest sales growth in six years in January, U.S. The expansion will create 5,000 jobs in the region.

Regional 116
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Tech Center: Startup Genome’s 2017 Global Startup Ecosystem Report

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In its seventh administering of this research, dubbed the “Global Startup Ecosystem Report 2017,” Startup Genome was able to uncover the current state of the globalization of startups and their ecosystems. The technology industry currently sits at 4.5 While global growth is only at 2.6 Los Angeles.

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Study: Virus Has Sent Most Adult Children To Live At Home

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are living with their families, according to a new report. The numbers are consistent across major racial and ethnic groups, genders, city and rural residents in the nation’s four regions. One-third of millennials have been laid off due to the COVID-19, and another 42 percent said their pay has been cut, researchers reported.

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EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power

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To that end, Bloomberg reported at least some financial regulators from the European Union say there need to be strict controls governing central bank digital currencies in place — and Libra (among other private efforts) may present a threat to financial stability. Central bank digital coins on the Continent – but plenty of room for cash.

Boston 227
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In China, Green Shoots For Luxury Spending To Prove Fragile?

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As reported by Bloomberg on Tuesday (Sept. 22), Boston Consulting Group has estimated that that demand for luxury items could underpin a spending boost on the order of 30 percent as the Chinese economy rebounds. As reported in this space last week, the country saw retail sales increase for the first time since the pandemic took root.

Retail 169
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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

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The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. The trend is even worse among Western European FIs, with shrinking profits prevalent among 57 percent of institutions in this region, reports said.

Boston 109
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And Then There Were 20 — The Amazon HQ2 Finalists

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The finalists are in, and Amazon has chosen its list of the 20 cities still in the running to be the home of its second headquarters (HQ2), according to Bloomberg reports. Austin, Boston, New York and D.C. Boston, Massachusetts. all made the cut, as did some surprises like Columbus, Ohio. Politicians across the U.S.

Columbus 101