Bloomberg Berjaya Food Bhd, which operates Starbucks and chicken-based restaurant chain Kenny Rogers Roasters outlets across Malaysia, is looking to curb costs internally rather than pass on rising production costs to consumers. “For us, the last thing we want to do is increase prices. Consumers feel it if you pass the cost” to them, Group Chief Executive Officer Sydney ...

Bloomberg The Bank of England (BOE) plans to scrap rules introduced in the aftermath of the financial crisis designed to test whether borrowers could afford their mortgages in the event of significant interest rate rises. The central bank’s Financial Policy Committee said it would withdraw the so-called affordability test from August 1, according to a statement on Monday. The rule, ...

  Bloomberg Jyske Bank agreed to buy the Danish unit of Svenska Handelsbanken, in what is potentially the biggest bank deal in Denmark in two decades. Jyske will pay a cash consideration to be determined at the closing, plus a premium of $420 million for the unit which has assets of almost $10 billion, the banks said in statements on ...