Yum Profit Tumbles 68% as China Sales Drop

Oct. 9 (Bloomberg) -- Yum! Brands, whose KFC fast-food chain is facing more competition in China, said third-quarter profit fell 68 percent and cut its 2013 earnings forecast as same-store sales dropped in the Asian nation. Angie Lau has more on Bloomberg Television's "First Up." (Source: Bloomberg)

Why Hong Kong Is Seen as a Preferred IPO Hub
41:36 - Alex Frino, dean of the Macquarie Graduate School of Management, discusses the IPO market in Hong Kong where values are set to hit a five-year high and why companies find it so attractive. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)
  • Mowat Expects Investors to Return to Emerging Markets
  • Is Black Friday Fading to Grey?
  • Putting a Lid on Emitters; China Tackles Pollution