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Malaysia KFC operator aims to revive IPO in Q4

Bloomberg QSR Brands (M) Holdings Bhd, which runs KFC and Pizza Hut outlets in Southeast Asia, aims to revive an initial public offering as soon as the fourth quarter, people with knowledge of the matter said. The company shelved its Malaysia shares sale after talks with its bankers, without giving a reason. Discussions of the IPO revival are in early ...

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Tata Steel workers not convinced about JV

Bloomberg Tata Steel Ltd’s European workers said they’re unsure the company’s planned joint venture with Thyssenkrupp should go ahead as the combination may favour the German firm’s operations. Thyssenkrupp offered concessions to regulators earlier this month to win antitrust approval for a European steel joint venture, including selling plants in Belgium, Spain and the UK. The two companies are trying ...

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China exports rebound, imports warn of fragility

Zhuzhou crrc times electric manufacture facility in hunan province

Bloomberg China’s exports rebounded after the Lunar New Year holiday amid a pickup in trade talks optimism, while a continued slide in imports underscored the fragility of the domestic economy. Exports jumped 14.2 percent in March from a year earlier while imports fell 7.6 percent in dollar terms, the customs administration said. That left a trade surplus of $32.65 billion, ...

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