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The Hang Seng Index, which tracks large stocks in Hong Kong and mainland China, fell 9.4% today after China's National Development and Reform Commission (NDRC) held a press conference that ...
Shares of restaurant company Yum China Holdings (NYSE: YUMC) soared 33.2% in September, according to data provided by S&P Global Market Intelligence. It was a welcome development for shareholders ...
Shares of Yum China (NYSE: YUMC) were moving higher today after the company reported better-than-expected results in its second-quarter earnings report, overcoming consumer weakness in China. As ...
Yum! Brands, Inc. (sometimes called simply Yum!), formerly Tricon Global Restaurants, Inc., is an American multinational fast food corporation listed on the Fortune 1000. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and Habit Burger & Grill, except in China, where the brands are operated by a separate company, Yum China.
Chinese officials after the meeting signaled they would take "necessary" actions to help China's economy achieve the government's desired 5% gross domestic product growth goal.
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Its master franchisee, PT Fastfood Indonesia, was publicly listed on the Indonesian Stock Exchange in 1993. [65] In November 2024, KFC Indonesia reported a net loss of 557.08 billion IDR (above US$36 million) during the third quarter of 2024. In response, PT Fastfood Indonesia closed 47 stores and laid off 2,274 employees by September 2024.
Yum China Holdings, Inc. (NYSE:YUMC) — the parent company of KFC, Pizza Hut, and Taco Bell — will release earnings results for its third quarter, before the opening bell on Monday, Nov. 4.