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Hillhouse, KKR weigh $14bn Yum China deal

Bloomberg Hillhouse Capital and KKR & Co. are among firms exploring a potential acquisition of Yum China Holdings Inc., the $14 billion US-listed operator of KFC and Pizza Hut brands on the mainland, people familiar with the matter said. The private equity firms are talking to banks about financing for a possible deal, said the people, who asked not to ...

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India truckers end strike after meeting with govt

Bloomberg Indian truckers ended their eight-day strike after the government agreed to consider most of the demands set forth by the transporters. “Government has given us hope, that though not immediately, diesel prices may reduce by five rupees to six rupees a liter in a couple of months,” Kultaran Singh Atwal, chairman of All India Motor Transport Congress said. The ...

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Japan braces for Typhoon Jongdari

Bloomberg Typhoon Jongdari is set to make landfall on Japan’s mainland this weekend, bringing heavy rain and strong winds to much of a country hit in recent weeks by a deadly heatwave and historic flooding. The typhoon was located off Chichijima, an island in the Pacific about 1,000 kilometres southeast of Tokyo, in Japan on July 27. Carrying sustained winds ...

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