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Yum China spinoff becoming more probable: J.P. Morgan

The likelihood is growing that Yum Brands Inc (YUM.N) will spin off its China business, J.P. Morgan said in a client note, upgrading the company's shares to "overweight" from "neutral".


Netflix in talks with Jack Ma-backed Wasu to enter China: Bloomberg

Video streaming company Netflix Inc (NFLX.O) is in talks with Jack Ma-backed Wasu Media Holding Co 000156.SZ and other potential partners to enter China's booming online video market, Bloomberg reported, citing people familiar with the matter.

Russia wants 1.163 billion euros from France for ending Mistral deal: source

Russia wants 1.163 billion euros ($1.32 billion) from France in compensation for cancelling a contract to deliver two Mistral helicopter carriers, a Russian source close to the negotiations said on Friday.

France ready for swift EU reform proposals from Cameron

France sees plenty of scope for Britain to meet its demands for EU reform without changing its treaties, and is ready to discuss the question sooner rather than later, the French European affairs minister told Reuters.


Latest News

Warren Buffett's Berkshire Hathaway Inc on Friday said it has boosted its holdings in some of the billionaire's favorite companies, including Wells Fargo & Co and International Business Machines Corp.
U.S. shares ended little changed on Friday, with the S&P 500 edging up to a record high for a second straight session after a ream of weak economic data.
Xbox One had beaten PS4 in console sales in April. Also, Microsoft had been planning to reveal more details about the basic 1TB Xbox One as well as the "greatest games lineup" in E3 2015.
If Draymond Green has designs on staying with the Golden State Warriors for the long haul, then the move has his mother's support.
The San Antonio Spurs are reportedly looking to either deal Boris Diaw or Tiago Splitter in the hopes that it can lead to them signing free agent LaMarcus Aldridge.
The retired Allen Iverson believes that two young point guards in Steph Curry and Kyrie Irving possess better handles than him.
The new console coming from Nintendo could possibly be without regional locks and restrictions. Imagine a world where regional locks no longer apply to a Nintendo, well that could apparently be coming to fruition if the company's CEO is to believed.
While a few wrestling superstars have confirmed their participation in "WWE 2K16," several players were still wondering if rumors regarding Bill Goldberg's inclusion in the upcoming game could be true.
A new gadget in Batman Arkham Knight will give the Caped Crusader a unique advantage over gun-wielding villains.
Satoru Iwata makes a brief discussion about the Nintendo NX during their investors meeting, which gives fans 7 clues about the “new dedicated video gaming platform with a brand new concept.” Meanwhile, Splatoon creates “prevailing controversies” even before its May 29 release date.