Bloomberg At least 1,000 people have been killed and hundreds more injured after a powerful earthquake hit southeastern Afghanistan overnight, setting off a new humanitarian crisis in a country already facing a crumbling economy and hunger. The eastern Paktika province was the worst hit, Sharafuddin Muslim, the deputy state minister for Disaster Management said. The state-run Bakhtar News agency …

Bloomberg Kellogg Co said it will split into three independent companies, sparking a rally in the food conglomerate’s shares. The maker of Froot Loops and other well-known breakfast cereals said the companies would focus on global snacking, North American cereals and plant-based foods — giving each greater autonomy and room for growth. The breakup will occur through two tax-free spinoffs, …

  Bloomberg Philippine carrier Cebu Air Inc expects to bring back its workforce size to before the Covid-19 pandemic by early next year, President and CEO Lance Gokongwei said. Workers who were laid off due to the pandemic are being prioritised for rehiring, Gokongwei told reporters. There’s enough supply of pilots and cabin crew in the Philippines, unlike in other …