Bloomberg Yum! Brands Inc said it’s suspending its share repurchase program and working to assist some franchisees as the coronavirus outbreak erodes sales. The owner of the KFC, Pizza Hut and Taco Bell brands said in a filing that comparable-store sales — a key measure for restaurant companies — will likely decline in a range of mid to high single …

Bloomberg The global economy is taking a battering not seen in decades, the outcome of severe restrictions on businesses and households by governments desperately trying to contain a pandemic that’s killed almost 17,400 people worldwide. The first major numbers outlining the damage tell a story of companies seeing demand plunge at a record pace, activity shrinking and confidence dropping. Government …

Bloomberg The Telecommunications Regulatory Authority (TRA) of UAE has lifted restrictions on some programs that allow voice calls over the Internet, including Microsoft Skype for Business and Google Hangout, to help people work from home and avoid spreading the coronavirus. The applications allowed on all networks in the country are: Microsoft Times, Zoom, and Blackboard. The applications, which will be compatible with …