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China seeking takeover of $8bn Yum! brands unit

  Bloomberg China wants to get control of the most popular fast-food chain in the country. A consortium backed by sovereign fund China Investment Corp. has expressed interest in buying a majority stake in Yum! Brands Inc.’s China business, which runs more than 7,100 KFC and Pizza Hut eateries across the nation, people with knowledge of the matter said. The ...

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Malaysia Air CEO quits, turnaround challenges loom

  Bloomberg Malaysia Airlines Bhd. said Chief Executive Officer Christoph Mueller will leave the company before his term ends, posing a new challenge to turn around the carrier after two plane crashes in 2014 dented its sales and reputation. Mueller requested to step down before the end of his three-year contract for personal reasons, the carrier said in a statement. ...

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UK’s N Brown subdued trading faces challenges

  Reuters British plus-size fashion retailer N Brown Group Plc expects a hit of about 3 million pounds ($4.31 million) on full-year profit before tax in the new financial year, and said trading so far has been subdued. Shares of N Brown, known for its brands SimplyBe and JD Williams, fell as much as 13 percent to 273 pence, the ...

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