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McDonald’s Japan sees new store expansion

Bloomberg McDonald’s Japan is adding to its restaurant count for the first time in five years, underscoring a turnaround that prompted its US parent to reverse a decision to sell a stake in the company. McDonald’s Holdings Co. Japan plans to open more restaurants than it will close in the second half, said Chief Executive Officer Sarah Casanova, adding that ...

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Russia plans gem reform to vie with Indian workers

Bloomberg Russia wants its biggest diamond miner to work more closely with the country’s top gem cutters so the industry can better compete in a market that’s dominated by Indian manufacturers. As part of a plan to boost the competitiveness of Russian diamonds, the government wants Alrosa PJSC to offer more favorable terms to cutters including Kristall Production Corp., Russia’s ...

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As world watches Kim, China builds South China Sea clout

Bloomberg As Kim Jong Un’s antics in North Korea capture global attention, China is quietly moving to bolster its grip on disputed territory in the South China Sea. Last month, a Philippine lawmaker released photos he said showed Chinese fishing, coast guard and navy vessels surrounding a Philippine-occupied isle in the Spratly island chain, preventing planned repairs to a runway. ...

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