McDonald's Profit Rises 1.4% on U.S. Sales Strength
Jan. 23 (Bloomberg) -- Bloomberg's Betty Liou and Dominic Chu report that McDonald’s Corp. said fourth-quarter profit rose 1.4 percent as its dollar menu helped U.S. sales. He speaks on Bloomberg Television's "In The Loop."
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Hinduja Looks to Buy Distressed Assets in India
15:59 - The Hinduja group of companies is one of Asia's largest multinational conglomerates with interests in the automobile sector, power, finance, healthcare, and much more. It's co-chaired by London-based siblings who are among Britain's wealthiest Asians. The company is betting on what they believe is a newly resurgent India and are looking to buy up distressed assets, specifically in the infrastructure and power sectors. Hinduja group chairman, Gopichand Hinduja told Bloomberg's Reenita Malhotra Hora the Indian banks have not necessarily made the process easy. (Source: Bloomberg)