And in the real world... Apple, eBay, McDonald's, Nestlé and more

LONDON - Today's round-up of the biggest business stories.

World news... round up
World news... round up

Apple reported a strong 9 per cent rise in revenues in the first three months of 2009, boosted by sales of the iPhone.
Source: FT

Ebay reported its second consecutive drop in profits, but the company’s shares rose as it beat analysts’ estimates.
Source: FT

McDonald’s is scaling back its expansion proposals in China, as the economic slowdown hits the country’s economy.
Source: FT

The number of unemployed people in Britain has risen to 2.1 million, the highest in 12 years.
Source: FT

Nestlé saw sales of its water decline by 4.1 per cent in the first three months of the year.
Source: The Times

The Carphone Warehouse co-founder Charles Dunstone may face a shareholder backlash after the announcement of plans to make him chairman of both businesses that will be created from the planned division of the company.
Source: The Times

GlaxoSmithKline reported a 13 per cent slump in profits to £1.13 billion in the three months to the end of March.
Source: The Times

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