Middle East
Why Pinkberry went to Moscow and Chipotle will go to Paris
April 28, 2011: 5:00 AM ETChains are no longer saturating the U.S. market before setting up lucrative yet risky overseas outposts. In an increasingly smaller world, they just can't afford to wait.
By Beth Kowitt, writer-reporter
FORTUNE -- When McDonald's (MCD) opened its first location in Moscow in 1990, an endeavor that had been in the works for 14 years, the fast food giant had more than 10,000 locations to its name and had been a franchising company for 35 years. Meanwhile, the Berlin wall had only just come down.
Fast-forward about two decades to March 2011 when Pinkberry opened its first store in Russia's capital. The frozen yogurt chain that began in 2005 has about 100 stores, yet Muscovites might be wondering what took the chain so long to arrive. There's no question times have changed.
A global operation was once considered tenable only for big restaurant companies, which would often be well on their way to a fully developed U.S. market before looking far outside North America. More
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"Open democratic societies don't block Google"
Foreign policy wunderkind Parag Khanna says revolutions in the Middle East could mean good things for the world – and for business.
Interview by Anne VanderMey, reporter
FORTUNE -- There's a lot of reasons to be skittish about conflict in Libya -– high oil prices, another potentially deficit-expanding conflict, and more unrest in a strategically critical region. Indeed, sweeping speeches about freedom and democracy from the floor of the UN have done MORE
Mar 29, 2011 10:56 AM ETPosted in: Arab world, Egypt, Goldman Sachs, Libya, Middle East, Muslim Brotherhood, New America Foundation, Parag Khanna -
The secret group setting the price of oil: Us.
In this excerpt from The Asylum: The Renegades Who Hijacked the World's Oil Market, Leah McGrath Goodman witnesses a NYMEX energy trader hazing ritual and watches Bill O'Reilly uncover how those traders set the price of a barrel of oil.
By Leah McGrath Goodman, contributor
It was dawn when I received my first of many after-hours phone calls from Mark Bradley Fisher, otherwise known as the Fish. A self-made millionaire with a MORE
Mar 9, 2011 11:56 AM ET -
Today in the Fortune 500: Google executive released by Egyptian government, Pepsi and Best Buy score on Superbowl ads and what's next for BP's ex-CEO Tony Hayward
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business.
By Shelley DuBois, reporter
EGYPTIAN GOVERNMENT RELEASES GOOGLE EXEC who was arrested during the conflict in Egypt, likely for his major role in anti-government online activism. Protest organizers viewed the man, named Wael Ghonim, as a MORE
Feb 7, 2011 8:43 AM ETPosted in: BP, Coca-Cola, Egypt, Fortune 500, Goldman Sachs, Google, Groupon, Middle East, Ozzy Osbourne, Tony Hayward, Twitter, Yahoo -
Today in the Fortune 500: A frugal New Year's for Morgan Stanley, Home Depot profits off American elbow grease and Disney teams up with Netflix.
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business.
By Shelley DuBois, reporter
HAPPY NEW YEAR, MORGAN STANLEY Executives at the financial firm can expect as much as 10%-25% less for some year-end bonuses, as part of Morgan Stanley's (MS) MORE
Dec 9, 2010 8:28 AM ET
