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Fried-chicken king chases McDonald’s with US, China hunt

Bloomberg Jollibee Foods Corp., the fast-food chain that controls more than half of the Philippines’ $4 billion market with its signature fried chicken, is looking for acquisitions to accelerate ambitious expansion plans in the US and China. The targets could be other fast-food chains as well as fast-casual restaurants like Smashburger, the US franchise in which Jollibee owns 40 percent, ...

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Qualcomm seeks China iPhone ban, expanding Apple legal fight

Bloomberg Qualcomm Inc. filed lawsuits in China seeking to ban the sale and manufacture of iPhones in the country, the chipmaker’s biggest shot at Apple Inc. so far in a sprawling and bitter legal fight. The San Diego-based company aims to inflict pain on Apple in the world’s largest market for smartphones and cut off production in a country where ...

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China credit growth exceeds estimates despite debt curb vow

Bloomberg China’s broadest gauge of new credit exceeded projections, signaling that the funding taps remain open even as the government pushes to curb excessive borrowing. Aggregate financing stood at$276 billion in September, the People’s Bank of China said, compared with an estimated 1.57 trillion yuan in a Bloomberg survey and 1.48 trillion yuan the prior month. New yuan loans stood ...

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