Bloomberg Crescent Point Energy Corp., the Canadian oil driller that fended off an activist investor last year, wrote down the value of its assets by C$2.73 billion ($2 billion) and is putting more holdings on the block as its new chief executive officer targets core operations. The after-tax writedown reflects the fair value of its assets, many of which were …

Bloomberg KFC’s owner in China is pushing ahead with expansion plans, opening two stores a day in the world’s biggest consumer market and banking on technology to help it cut costs, even as carmakers and industrial companies signal demand there is deteriorating. Yum China Holdings Inc., the nation’s biggest fast-food chain, which operates the KFC and Pizza Hut brands, is …

Bloomberg Nintendo Co.’s Switch hybrid is making its first foray into virtual reality games. The Nintendo Labo VR Kit lets gamers build a headset mostly out of cardboard so that they can slide in the device to create what the company calls “basic VR technology.” It’s reminiscent of Google’s Cardboard, which turns smartphones into VR goggles and was introduced almost …