*Primavera, Ant Capital to invest $460 million in Yum China. *Yum China spinoff expected on Oct. 31. Sept 2- KFC and Pizza Hut owner Yum Brands Inc said Chinese investment firm Primavera Capital and an affiliate of Alibaba Group Holding Ltd will buy a stake in Yum China for $460 million as Yum prepares to spin off the business.
HONG KONG, Sept 2- Chinese state conglomerate CITIC Group and U.S. private equity firm Carlyle Group are teaming up to bid for McDonald's outlets in China and Hong Kong in a deal worth between $2 billion and $3 billion, four people familiar with the matter said. Reuters previously reported that the Illinois- based fast-food giant, which has been hit by a series of...
*Leading global food delivery sites face off in Australia. *Australia restaurants growing faster than retail spending. SYDNEY, Sept 2- After three decades running McDonald's Corp restaurants, Tony Plunkett thought he knew everything about flipping burgers for a profit, and last year went out on his own with a start-up franchise in the Australian city of...
Aug 31- InterContinental Hotels Group Plc-owned Kimpton Hotels& Restaurants said an investigation had found a malware attack on servers that processed payment cards used at some of its hotels. The news comes nearly three weeks after a data breach was reported at 20 U.S. hotels operated by HEI Hotels& Resorts for InterContinental, Hyatt Hotels Corp, Starwood...
LOS ANGELES, Aug 31- McDonald's Corp on Wednesday said Michael Andres will retire as president of McDonald's USA at the end of the year as the fast-food chain fights to maintain the momentum of its turnaround plan amid intense competition from industry rivals and low grocery prices. Andres, 58, took the helm of U.S. operations in October 2014, returning to...
LOS ANGELES, Aug 31- McDonald's Corp on Wednesday said Michael Andres will retire as president of McDonald's USA at the end of the year as the fast-food chain works to boost domestic sales, which have been under pressure from low prices at grocery stores. He will be replaced by Christopher Kempczinski, 47, who came to McDonald's last year from Kraft Foods Group,...
Acclaimed Chef Michel Roux Jr. shares his concerns about the rise of the Front National and Marie Le Pen in French politics.
Chef Michel Roux Jr. discusses his television career, including his split from the BBC show Master Chef.
CNBC's Tania Bryer asks chef Michel Roux Jr. how his Michelin-starred restaurant has changed over the years.
Acclaimed Chef Michel Roux Jr. says he has no plans to replicate his Michelin-star restaurant Le Gavroche, but may open more restaurants in London.
Acclaimed Chef Michel Roux Jr. tells CNBC's Tania Bryer about his daughter Emily's decision to become a chef.
If he hadn't become a chef, he would have been a professional athlete, says Michel Roux Jr.
Former marketing director now gets paid to travel the world.
Great Eagle MD Lo Ka Shui says Hong Kong's commercial property sector have done well but the retail property segment is facing several headwinds.
After China's anti-corruption drive, we can expect regulations to favor the mass market gaming segment, says Union Gaming Group MD Grant Govertsen.
Wynn Resorts CEO Steve Wynn talks to CNBC about Wynn Palace and increased competition amid a slowing gaming sector.
Malware may have retrieved customer credit card information from Starwood, Marriott, Hyatt and Intercontinental hotels.
Aug 15- Domino's Pizza Inc will begin selling salads nationwide on Monday through a partnership with Ready Pac Foods to broaden the appeal of its menu amid intense competition from other restaurants and retailers, including grocery stores. Domino's will sell each of the three salads it offers for $5.99, when paired with other items from its mix and match menu.
A data breach at 20 U.S. hotels operated by HEI Hotels & Resorts may have divulged payment card data from tens of thousands of purchases.
NEW YORK, Aug 14- A data breach at 20 U.S. hotels operated by HEI Hotels& Resorts for Starwood, Marriott, Hyatt and Intercontinental may have divulged payment card data from tens of thousands of food, drink and other transactions, HEI said on Sunday. About 8,000 transactions occurred during the affected period at the Hyatt Centric Santa Barbara hotel in California,...