Even McDonald's, Coca-Cola hit by global misery

Julia Kollewe


Until now McDonald's and Coca-Cola had been immune to the global slowdown. But it seems that the good times are over for the fast food and drinks giants.

Junk brands tend to do well during recessions as they are something people can still afford even in tough times, so if the wheels are starting to come off the global juggernauts, does this mean things have got much worse?