GO
Loading...

Yum! Brands Inc

More

  • SHANGHAI, July 28- The head of U.S. meat supplier OSI Group, the parent company of a Chinese firm at the center of a food safety scandal, will hold a news conference in Shanghai later on Monday, as McDonald's Corp struck more meat dishes off its menus in China.

  • Time for Chinese fast food chains to shine? Sunday, 27 Jul 2014 | 11:17 PM ET
    A 24 hour McDonald's restaurant and a KFC store in a shopping mall in China.

    Homegrown fast food chains have long played second fiddle to Western brands in China but things may be in for a change after the latest food scare.

  • Finally, Starbucks has 'breakthrough' in China Friday, 25 Jul 2014 | 12:04 PM ET
    Starbucks CEO Howard Schultz speaks during a media event in Beijing.

    After 16 years, Starbucks is finally beginning to see real progress in China, and it's only the beginning, says CEO Howard Schultz.

  • HONG KONG, July 25- McDonald's Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it imported products from Shanghai Husi Food, the U.S.-owned Chinese company at the centre of a food safety scare in China.

  • SHANGHAI, July 25- Shanghai Husi Food, the U.S.-owned Chinese food supplier at the center of a meat safety scandal, won a court case earlier this year against a former quality control officer whose claims included that he was made to forge meat production dates. He said Shanghai Husi, which is owned by privately-held Illinois- based OSI Group, ignored his pleas.

  • HONG KONG, July 25- McDonald's Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it had imported products from Shanghai Husi Food, the U.S.-owned company at the center of a food safety scare in China.

  • NEW DELHI, July 25- Software engineer Sanjay Bhatnagar used to watch a new Bollywood movie every week with his family, but now goes to the cinema once a month as spiraling costs of food and other staples eat into his budget for non-essentials.

  • UPDATE 3-Dunkin' Brands cuts 2014 forecast; shares fall Thursday, 24 Jul 2014 | 11:32 AM ET

    July 24- Dunkin' Brands Group Inc cut its 2014 outlook on Thursday as its U.S. doughnut shops battled fast-food rivals like McDonald's Corp and high milk prices softened profits from its international Baskin-Robbins ice cream business. The company also cited weakness in its Baskin-Robbins joint venture in Japan for the reduction in its 2014 forecast.

  • July 24- Dunkin' Brands Group Inc cut its full-year forecasts on Thursday, as its U.S. Dunkin' Donuts shops battled fierce competition from fast-food rivals like McDonald's Corp and as high milk prices softened profits from its international Baskin-Robbins ice cream business.

  • *China food regulator visits 581 food-related businesses. Shanghai police detained five people on Wednesday, including the head and the quality chief of Shanghai Husi Food, a supplier to foreign fast-food brands including KFC, McDonald's Corp and coffee chain Starbucks Corp over allegations it supplied out-of-date meat.

  • SHANGHAI, July 24- China's food regulator has visited close to 600 restaurants, businesses and food distributors as it investigates a fast-spreading food safety scare that has dragged in a number of global brands and hit food outlets as far away as Japan.

  • Why does China face so many food safety issues?     Wednesday, 23 Jul 2014 | 9:38 PM ET

    Adrian Hearn, Research Fellow at the University of Sydney's China Studies Centre, says enforcement and corruption issues undermine regulations on food safety in the mainland.

  • Yum cuts ties with China meat plant after scandal Wednesday, 23 Jul 2014 | 8:43 PM ET

    Yum severed ties with OSI Group after police detained five people from the supplier's meat-processing factory at the center of a food-safety scare.

  • Meat supplier in China food scandal grew with McDonald's Wednesday, 23 Jul 2014 | 8:32 PM ET

    July 23- Eight months ago in front of a crowd of food industry executives gathered at a fancy Chicago hotel, a top McDonald's Corp executive lauded the boss of meat supplier OSI Group for his dedication to the fast-food giant's "McFamily".

  • CHICAGO, July 23- OSI Group, the U.S.-based meat supplier at the center of a new food safety scandal in China, on Wednesday admitted to problems at a plant in Shanghai that have cost the company business with top fast-food chain Yum Brands Inc..

  • SHANGHAI/ LANGFANG, China, July 23- Yum Brands Inc's China division severed ties to OSI China after Shanghai police detained five people from that supplier's meat processing factory at the center of a food safety scare that has ensnared several major Western brands.

  • Midday movers: Caterpillar, EMC, Xoom & More Wednesday, 23 Jul 2014 | 1:12 PM ET

    Some of Wednesday's midday movers:

  • July 23- Yum Brands Inc's China division has stopped buying from OSI China, after Shanghai police detained five people connected to the meat supplier's factory at the center of a new food safety scandal, Yum said on Wednesday.

  • July 23- Yum Brands Inc's China division has stopped buying from OSI China, after Shanghai police detained five people connected to the food supplier's factory at the center of a new food safety scandal, Yum said on Wednesday.

  • SHANGHAI, July 23- Shanghai police said on Wednesday they detained five people in an investigation into a Chinese-based supplier of foreign fast-food brands, including KFC, McDonald's Corp and coffee chain Starbucks Corp, over allegations the firm supplied old and rotten meat.