Yum China Holdings Inc

Wall St cheers Brian Niccol appointment

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Wall St cheers Brian Niccol appointment

Brian Niccol, CEO of Chipotle Anjali Sundaram | CNBC Wall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decades-long Howard Schultz era. Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol replaces Laxman Narasimhan, who took over the top job … Read more

Yum China CEO says consumers are growing more ‘rational’

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Yum China CEO says consumers are growing more ‘rational’

A KFC restaurant in Wuhan, China. Source: Yum China While economists and investors fret over China’s low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese consumer is growing more rational — and has been for years.   Weighed down by investors’ concern about the broader Chinese economy, shares of Yum … Read more