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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.