It should have been a good day for the euro after Eurostat said the euro-area economy grew faster in the second quarter than initially reported. But instead, the Bloomberg Euro Index that measures the shared currency against its major peers fell the most in two months, dropping as much as 0.92 percent. The seemingly illogical response by foreign-exchange traders becomes ...

The party at China’s oldest Western food chain is missing a key guest. China Investment Corp is joining a consortium including Hillhouse Capital and former KKR & Co. senior executives planning a $14 billion-plus acquisition of Yum China Holdings Inc, Vinicy Chan, Cathy Chan, Carol Zhong and Manuel Baigorri wrote on Wednesday. The purchase of the KFC and Pizza Hut ...

It’s time to get real about the financial fragility of young technology companies. Far too many are living beyond their means, flirting with disaster and putting their investors at risk. Bloomberg Opinion examined 150 US technology companies that had gone public since the beginning of 2010 and were still operating independently as of Aug 10. About 37 percent had negative ...