Deal Marks Strategic Shift Under New CEO Luca de Meo
Gucci owner Kering has agreed to sell its beauty business to L’Oréal for 4 billion euros ($4.66 billion), marking a...
Mercedes-Benz (MBGn.DE) announced on Thursday that it will implement further cost-cutting measures and prioritize petrol and diesel vehicles over electric vehicles (EVs) in its...
Strong Device Demand Offsets China and Currency Challenges
Abbott Laboratories (ABT) on Wednesday projected its 2025 profit to align with Wall Street estimates, citing strong...
Nippon Steel’s Response
Nippon Steel is contemplating legal action against the U.S. government after President Joe Biden blocked its $14.3 billion bid to acquire U.S....
Mondelez International has reportedly reignited its interest in acquiring Hershey, sparking a sense of déjà vu among market analysts. Bloomberg reported that Mondelez made...
China’s State Administration for Market Regulation has announced an antitrust investigation into Nvidia, alleging violations of the country’s anti-monopoly laws. The probe marks a...