Cenovus Energy Inc. Company returned more than $1 billion to shareholders through share buybacks CALGARY, Alberta, July 28, 2022 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continued to deliver safe and reliable operations and strong financial performance in the second quarter of 2022. Upstream production of 762,000 […]
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McDonald’s says cutting off its Russian business has actually helped improve its operating profitability
A closed McDonald’s restaurant in Moscow, Russia.picture alliance via Getty Images. McDonald’s announced it was selling off its Russian business in May. This has helped improve the chain’s operating margin, its CFO said Tuesday. Revenues dropped in the quarter to June 30, largely thanks to the $1.2 billion cost of […]