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Previous McDonald’s CEO Steve Easterbrook fires back again at firm’s lawsuit

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Former McDonald's CEO Steve Easterbrook fires back at company's lawsuit

Steve Easterbrook, president and main govt officer of McDonald’s Corp., walks the grounds immediately after a morning session through the Allen & Co. Media and Engineering convention in Sun Valley, Idaho, U.S., on Wednesday, July 12, 2017.

David Paul Morris | Bloomberg | Getty Illustrations or photos

McDonald’s former CEO Steve Easterbrook shot back at the quick meals large, saying the firm’s lawsuit accusing him of fraud and seeking to claw back again an estimated $42 million of his compensation was “meritless” and “misleading,” according to a new court filing.

McDonald’s sued Easterbrook very last 7 days, months immediately after its board fired him for owning a romance with an employee. The lawsuit submitted in Delaware point out courtroom alleges that Easterbrook dedicated fraud and lied all through the firm’s probe into a partnership he experienced with an employee. The enterprise reported it uncovered three alleged further relationships with workforce he did not disclose prior to his firing. McDonald’s is seeking to claw back again the payment he gained as part of his separation agreement.

In Friday courtroom filings, Easterbrook requested to dismiss the case versus him, proclaiming that the equity award settlement mandates litigation in DuPage County, Illinois and that there is language in the separation settlement bars the business from reversing it.

Easterbrook also argues that the new information and facts McDonald’s cited in bringing ahead its suit — email messages that ended up allegedly deleted from his cell phone but even now accessible on the company’s server — was offered to the business prior to the separation arrangement getting signed.

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“McDonald’s – a subtle entity represented by numerous inside and external specialists when it entered into the Separation Settlement – is aware that it can not credibly allege a breach of deal declare,” Easterbrook’s legal professionals said in the filings. “Alternatively, it improperly seeks to manufacture claims for a breach of fiduciary obligation or fraud.”

The separation agreement integrated a non-disparagement clause, which will make Easterbrook “basically not able to make any general public remark.”

In McDonald’s lawsuit versus Easterbrook, the complaint alleges that Easterbrook authorised “an incredible inventory grant, truly worth hundreds of hundreds of bucks” for one particular of the workforce while they had been included in a sexual romantic relationship. Easterbrook’s response notes that the board reviewed and approved the staff fairness award.

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Economy

Roaming stays free in Europe for another 10 years and brings improvements

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roaming europa 2032 chamadas mensagens

One of the most important changes that have taken place in recent years in the field of telecommunications has been the abandonment of roaming in Europe. This scenario ensures that we can be located in any country in the European Union without paying extra for a single call.

The guarantee of the success of this process is its use from the moment of its implementation. Now it has been updated and is guaranteed for another 10 years with some new features and improvements that make it even more attractive and useful for users.


The new roaming regime in the European Union (EU) came into effect on Friday. This will allow people on the go to make phone calls, send messages and surf the Internet at no extra charge.

New Roaming rules, which entered into force on July 1, applies to the EU countries, as well as the European Economic Area, which includes Iceland, Liechtenstein and Norway. This is until 2032 limiting the cost of using mobile phones while roaming in Europe.

The new rules set a limit of two euros per gigabyte (GB) for data services this year, which will drop to 1.8 euros (euros)/GB in 2023. This value will continue to fall to 1 EUR/GB in 2027 for wholesale. rates.

roaming europe 2032 calls messages

In addition to this service definition, there are also some important changes. Operators offering mobile services must guarantee consumers access to 4G or 5G networks when available in the country in which they are traveling.

For voice services the limits are 0.022 EUR/minute in 2022-2024 and 0.019 EUR/minute from 2025, while for messages (SMS) the maximum value is 0.004 EUR/SMS in 2022-2024 and 0.003 EUR/SMS from 2025 . .

It is with these rules that users will be able to visit any country in the European Union and receive prices that are practiced in their country of origin. These new rules will be in effect until 2032, guaranteeing this scenario without any restrictions.

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Economy

Inflation in Portugal for the first time since 2017 exceeded the European one. Tourism is to blame – ECO

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Inflation in Portugal for the first time since 2017 exceeded the European one.  Tourism is to blame - ECO





Inflation in Portugal for the first time since 2017 exceeded the European one. Tourism is to blame – ECO
































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Economy

Airbus announces major order of nearly 300 aircraft for four Chinese airlines

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Airbus announces major order of nearly 300 aircraft for four Chinese airlines

European manufacturer Airbus has just announced a massive order for nearly 300 aircraft for Chinese airlines.


The official statement from the manufacturer says that an agreement has been signed with Air China, China Eastern, China Southern and Shenzhen Airlines for 292 aircraft of the A320 family, which includes A319, A320 and A321. This is the first major purchase made by Chinese companies since the outbreak of the pandemic, which had its initial epicenter in the Asian country.

It is not specified how many units of each model and how the division between the companies will occur, but it is expected that all of these will be variants of the Neo with the new engine that are already working in the mentioned companies.

Airbus currently dominates China’s single-aisle commercial aircraft market, despite Boeing having a larger presence given the larger number of twin-aisle aircraft.

In turn, the country has 2,070 aircraft of a European manufacturer, in addition to the plant in Tianjin, where aircraft of the A320 family are assembled, and there is also a finishing line for the A330 family. Another Airbus presence is the helicopter division with an assembly line for the H135 in Qingdao.


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