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Orange earnings rise 1.6% on mobile demand in Spain, Africa

  Bloomberg Orange SA reported a 1.6 percent increase in third-quarter earnings, helped by rising wireless sales in Spain and Africa and demand for faster broadband in its home market of France. Adjusted earnings before interest, taxes, depreciation and amortization rose to 3.6 billion euros ($3.9 billion), Orange said in a statement Tuesday. That compared with the average analyst estimate ...

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McDonald’s in danger of going cold as Yum snags Alibaba

  Bloomberg KFC’s partnership with an Alibaba affiliate puts the pressure on the Golden Arches in China more than ever. By allying with a backer of the country’s top food delivery website, KFC owner Yum Brands has taken a step toward solving the dilemma of slowing growth in its biggest market outside the US. It’s a deal that McDonald’s, which ...

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Julius Baer, DBS to vie for ABN Amro’s Asia wealth arm

  Bloomberg Julius Baer Group Ltd., DBS Group Holdings Ltd. and LGT Bank are considering bids for ABN Amro Group NV’s private-banking business in Asia, people with knowledge of the matter said. The banks have expressed interest in the ABN Amro unit and will study more detailed information on its business, according to the people, who asked not to be ...

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