Bloomberg The people have spoken. And they want fried chicken late at night — preferably without leaving the comfort of their homes. Popeyes Louisiana Kitchen, the fast-food chain owned by Restaurant Brands International Inc., posted a surprise gain in same-store sales in the US last quarter. Helping the business? Dinner and post-dinner delivery orders. While the service is only offered …

Bloomberg Steinhoff International Holdings NV’s former Chief Executive Officer Markus Jooste has been thrown a lifeline by banks as the global retailer he oversaw for 18 years struggles to survive an accounting scandal that happened under his watch. The 57-year-old’s personal investment company Mayfair Holdings Pty Ltd. has been given until the end of the year by lenders to sell …

Bloomberg Kering SA rose after the luxury company’s white-hot Gucci brand kept up its relentless growth pace at the start of the year, with online sales more than doubling in the first quarter. The Paris-based company’s shares rose as much as 6.1 percent early Wednesday after it said comparable sales grew 37 percent in first quarter. Analysts had expected a …

Bloomberg Whitbread Plc is betting that its faster-growing Costa Coffee chain will compete more effectively against the likes of Starbucks Corp. once separated from the company’s hotel business. Costa will be spun off from Premier Inn within 24 months, the Dunstable, England-based company said. The planned split follows mounting pressure from activist investors who said the two businesses sit uneasily …

Bloomberg Major US equity indexes followed European and Asian stocks higher as the corporate earnings season gathers pace. Benchmark 10-year Treasury yields pierced the 3 percent level for the first time since 2014, while the dollar retreated from the highest level since January. Corporate earnings remained in focus with 180 S&P 500 firms reporting this week. Alphabet Inc. slipped as …

Bloomberg The world’s biggest cryptocurrencies rose again on Tuesday, extending their April rally deep into its fourth week and taking this month’s increase to more than 75 percent. Ethereum, Bitcoin Cash and EOS helped lead the advance, prices compiled by Bloomberg and Coinmarketcap.com show. Market leader Bitcoin climbed 4.4 percent; its trading volume in the 10 biggest exchanges has topped …

Bloomberg London Stock Exchange Group Plc’s directors should be prepared to confront “behavioural and performance issues” among management, according to a review that absolved its board of blame in the acrimonious departure of former CEO Xavier Rolet. Rolet abruptly left LSE in November amid a battle between the 217-year-old bourse’s board and activist investor TCI Fund Management, which wanted Rolet’s …

Bloomberg Saudi Aramco, the world’s biggest oil exporter, plans to trade as much as 6 million barrels a day, a jump in volume that would put it in the top tier of companies that buy and sell crude and refined products. The trading arm of the state-run giant known officially as Saudi Arabian Oil Co. currently handles between 3.3 million …

Bloomberg Goldman Sachs Group Inc. sees oil’s rally the same way as Saudi Arabia: it won’t check the world’s soaring thirst for crude. Oil’s surge to the highest level in more than three years will in fact spur fuel demand as swelling reserves of Middle East petrodollars are reinvested overseas and stimulate the global economy, Goldman’s head of commodities research …

Bloomberg Angela Merkel’s clean-energy push may turn out to be less ‘green’ than expected for bondholders caught up in the upheaval of Germany’s energy industry. In the latest redrawing of the power map as the nation moves away from nuclear and fossil fuels, EON SE will take over Innogy SE from rival RWE AG, along with 850 million euros ($1 …