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Malaysian KFC operator’s owner considers selling it

Bloomberg QSR Brands (M) Holdings Bhd’s owners are considering a sale of the fast-food operator, which runs KFC and Pizza Hut restaurants in Southeast Asia, after shelving an initial public offering earlier this year, people with knowledge of the matter said. The Malaysian company’s major shareholders, which include private equity firm CVC Capital Partners, are working with an adviser to ...

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Qantas denies American artist’s claims of racism

Bloomberg Qantas Airways Ltd denied that one of its flight attendants discriminated against will.i.am after the co-founder of the Black Eyed Peas tweeted his grievances over an incident involving his laptop. The seven-time Grammy winner tweeted that a flight attendant called the police on him for not stowing away his laptop during a flight to Sydney from Brisbane. The artist, ...

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UAE cabinet okays law to help people facing financial issues

DUBAI / WAM The UAE Cabinet has approved a federal law to regulate cases of insolvency of natural persons, aimed at enhancing the competitiveness of the UAE by ensuring the ease of doing business, creating favourable conditions for individuals facing financial difficulties and protecting those who are unable to pay their debts from going bankrupt. The new law is part ...

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