Receive Breaking News updates as they occur
McDonald's new Chief Executive Steve Easterbrook is set to unveil his plan on Monday to revive growth as the world's largest hamburger chain struggles to win back consumers and investors. He'll be aiming to persuade people such as Janna Sampson, co-chief investment officer at OakBrook Investments, which bought McDonald's shares on the cheap more than a decade ago and eventually held more than 7 million shares as the company spiffed up its restaurants, improved service and expanded its menus with things like fancy coffee, salads and wrap sandwiches. The firm favors companies that dominate their industries, as McDonald's still does. Most financial analysts who cover McDonald's are on the sidelines.
Tuareg separatist rebels attacked Malian army positions in the northern town of Dire on Saturday, as rising violence threatened to derail a U.N.-backed peace deal due to be signed this month. Dire lies southwest of the ancient desert trading outpost of Timbuktu and close to the town of Lere were nine soldiers were killed in an attack on Thursday claimed by the separatist rebel Coordination of Movements for Azawad (CMA). Violence pitting the CMA -- an umbrella organisation of Tuareg and Arab separatist groups -- against the army and pro-government militia in recent days has violated a U.N-backed ceasefire deal. Souleymane Maiga, director of information for the Malian army, said it had sent in troops to counter the attack.
Burundi protest organisers on Saturday called a two-day pause in demonstrations against the president's move to seek a third term, which they says violates the constitution and endangers the peace deal that ended civil war in 2005. After six straight days of protests in the capital Bujumbura, which the President Pierre Nkurunziza's office called "insurrection", the rallies have lost some momentum, with fewer people taking to the streets and clashes with police easing. The United Nations has voiced concerns that live rounds were fired against protesters. "We decided to stop demonstrations for two days, first to allow those who lost their family members in the protests to observe mourning and, second, we want the protesters to regain energy before resuming the fight Monday," said Pacifique Nininahazwe, head of Focode, one of the 300 civil society groups that have called for the demonstrations.