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NEW YORK (AP) — FAST FOOD NATION: Burger King Worldwide Inc., which began trading publicly again in June, reported Wednesday that its second-quarter net income jumped 60 percent as it concentrated on broadening its menu and expanding internationally.
REVENUES: While total revenue fell 9 percent, a key revenue metric climbed 4.4 percent led by strength in Latin America, the Caribbean, the U.S. and Canada.
EYE ON THE WORLD: Burger King worked out joint ventures with Russia and China during the quarter. The China deal will bring 1,000 restaurants there over the next five to seven years, making it the biggest multi-unit development agreement in Burger King's history.