Push Admin

Members of various progressive groups march outside the US embassy in Manila on November 14 to denounce the ongoing Israeli airstrikes in Gaza. The group condemned the role of the US government in the ongoing attacks in Gaza and raised concern about the new round of US military exercises in the Philippines.


Jonathan Cellona, ABS-CBN News

Members of various progressive groups march outside the US embassy in Manila on November 14 to denounce the ongoing Israeli airstrikes in Gaza. The group condemned the role of the US government in the ongoing attacks in Gaza and raised concern about the new round of US military exercises in the Philippines.

Jonathan Cellona, ABS-CBN News

Article (news)

PRO-PALESTINE PROTEST

Agence France-Presse

<div><span class="fr-img-caption fr-fic fr-dib" style="width:958px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/171227701815620231114-pro-palestine-protest-manila-JC4091.jpg" style="width:960px" class="fr-fic fr-dib" alt="Members of various progressive groups march outside the US embassy in Manila on November 14 to denounce the ongoing Israeli airstrikes in Gaza. The group condemned the role of the US government in the ongoing attacks in Gaza and raised concern about the new round of US military exercises in the Philippines. Jonathan Cellona, ABS-CBN News"/><span class="fr-inner" style="text-align:left">Members of various progressive groups march outside the US embassy in Manila on November 14 to denounce the ongoing Israeli airstrikes in Gaza. The group condemned the role of the US government in the ongoing attacks in Gaza and raised concern about the new round of US military exercises in the Philippines. <em>Jonathan Cellona, ABS-CBN News</em></span></span></span></div><div data-block="true" data-editor="5or5o" data-offset-key="c9rpp-0-0" id="isPasted" style="box-sizing:border-box;column-rule:4px outset rgb(255, 0, 255);color:rgb(51, 51, 51);letter-spacing:normal;orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:pre-wrap;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial"><p>NEW YORK -- McDonald&#x27;s Corporation said Thursday it will acquire Alonyal, which owns 225 McDonald&#x27;s restaurants in Israel which have been hit by calls for a boycott over the war with Hamas in Gaza.</p><p style="margin:1em 0px;padding:0px;border:0px;-webkit- text-size-adjust:100%;box-sizing:border-box;line-height:1.3;letter-spacing:normal;color:rgb(0, 0, 0);orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial">Terms of the transaction were not disclosed. McDonald&#x27;s said in a statement the deal was subject to conditions which it did not identify.</p><p style="margin:1em 0px;padding:0px;border:0px;-webkit- text-size-adjust:100%;box-sizing:border-box;line-height:1.3;letter-spacing:normal;color:rgb(0, 0, 0);orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial">Alonyal has operated McDonald&#x27;s restaurants in Israel for more than 30 years, today owning 225 franchised properties with more than 5,000 employees, who will be retained after the sale.</p><p style="margin:1em 0px;padding:0px;border:0px;-webkit- text-size-adjust:100%;box-sizing:border-box;line-height:1.3;letter-spacing:normal;color:rgb(0, 0, 0);orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial">In presenting its 2023 earnings report in February, McDonald&#x27;s said the war in Gaza that began in October with the Hamas attacks on Israel was weighing on its results.</p><p style="margin:1em 0px;padding:0px;border:0px;-webkit- text-size-adjust:100%;box-sizing:border-box;line-height:1.3;letter-spacing:normal;color:rgb(0, 0, 0);orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial">McDonald&#x27;s was targeted with boycott calls after the franchised restaurants in Israel offered thousands of free meals to Israeli soldiers.</p><p style="margin:1em 0px;padding:0px;border:0px;-webkit- text-size-adjust:100%;box-sizing:border-box;line-height:1.3;letter-spacing:normal;color:rgb(0, 0, 0);orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial">&quot;We recognize that families in their communities in the region continue to be tragically impacted by the war and our thoughts are with them at this time,&quot; Chief Executive Chris Kempczinski said in an analyst call.</p><p style="margin:1em 0px;padding:0px;border:0px;-webkit- text-size-adjust:100%;box-sizing:border-box;line-height:1.3;letter-spacing:normal;color:rgb(0, 0, 0);orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial">He said the impact of the boycott was &quot;meaningful,&quot; without elaborating.</p><p style="margin:1em 0px;padding:0px;border:0px;-webkit- text-size-adjust:100%;box-sizing:border-box;line-height:1.3;letter-spacing:normal;color:rgb(0, 0, 0);orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial">McDonald&#x27;s fourth quarter sales disappointed analysts. In franchised restaurants outside the United States, comparable sales fell 0.7 percent.</p><p style="margin:1em 0px;padding:0px;border:0px;-webkit- text-size-adjust:100%;box-sizing:border-box;line-height:1.3;letter-spacing:normal;color:rgb(0, 0, 0);orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial">&quot;Obviously the place that we&#x27;re seeing the most pronounced impact is in the Middle East. We are seeing some impact in other Muslim countries like Malaysia, Indonesia,&quot; said Kempczinski.</p><p style="margin:1em 0px;padding:0px;border:0px;-webkit- text-size-adjust:100%;box-sizing:border-box;line-height:1.3;letter-spacing:normal;color:rgb(0, 0, 0);orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial">This also happened in countries with large Muslim populations such as France, especially for restaurants in heavily Muslim neighborhoods, he said.</p><p style="margin:1em 0px;padding:0px;border:0px;-webkit- text-size-adjust:100%;box-sizing:border-box;line-height:1.3;letter-spacing:normal;color:rgb(0, 0, 0);orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial">McDonald&#x27;s shares were down nearly 2 percent in after-market trading Thursday.</p><div><strong>RELATED STORY: </strong></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/zrH7qZeWp1I?autoplay=1&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div></div>

<p>McDonald's Corporation said it will acquire Alonyal, which owns 225 McDonald's restaurants in Israel which have been hit by calls for a boycott over the war with Hamas in Gaza.</p>

McDonald's Corporation said it will acquire Alonyal, which owns 225 McDonald's restaurants in Israel which have been hit by calls for a boycott over the war with Hamas in Gaza.

McDonald's to acquire franchised stores in Israel

News

Entertainment

Lifestyle

Sports

Metro.Style

More

Traffic

Manila

Horoscope

Business

McDonald's to acquire franchised stores in Israel

Agence France-Presse

Published Apr 05, 2024 08:54 AM PHT

|

Updated Jul 30, 2024 02:21 PM PHT

Read More:

mcdonalds

mcdo

boycott

israel

war

gaza

palestine

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.