GURGAON – India’s KFC and Pizza Hut operators Sapphire Foods and Devyani International said on Jan 1 they will merge in a US$934 million (S$1.2 billion) deal, creating a fast-food franchisee ...
The deal comes as India's fast-food franchisees grapple with higher costs, slowing same-store sales and margin pressure, while facing stiff competition from McDonald's (MCD.N), opens new tab and ...
MEXICO CITY, Dec 28 (Reuters) - Mexican authorities said on Sunday that at least 13 people were killed after an Interoceanic Train carrying 250 people derailed in the southern state of Oaxaca. The ...
TSMC controls 68% of global semiconductor revenue, far ahead of Samsung's 8%. Market concentration poses both risks and opportunities for semiconductor investors. TSMC's advanced manufacturing ...