Burger King Worldwide Inc., which said last week that it will open stores in India, formed a joint venture to accelerate its expansion in France, where it returned last year to take on McDonald’s Corp.
South Korea’s top-performing mutual fund more than doubled its assets in 2013 by betting on global consumer shares, luring inflows from domestic investors who have sold Kospi index stocks for five straight years.
Copper declined for the first time in four days on concern that the Federal Reserve may start reducing stimulus in coming months amid improving U.S. economic data, reducing the demand outlook for the metal.
U.S. stocks and Treasuries rose, as improving economic data offset concerns that the Federal Reserve will cut monetary stimulus as soon as next month. The euro strengthened after German business confidence climbed to the highest in more than 1 1/2 years.