Seven & i Appoints First Foreign CEO Amid Takeover Battle
Seven & i Holdings, the Japanese operator of 7-Eleven, has appointed its first foreign CEO as it seeks to fend off a $47 billion...
Eli Lilly Invests $27 Billion in U.S. Manufacturing Expansion
Eli Lilly announced on Wednesday a $27 billion investment to build four new manufacturing sites in the U.S., marking the largest pharmaceutical expansion in...
Apollo Global Buys Bridge Investment for $1.5 Billion in Stock
Apollo Global Management Inc. has agreed to acquire Bridge Investment Group Holdings Inc. in an all-stock transaction valued at approximately $1.5 billion. Under the...
Mercedes-Benz Focuses on Cost-Cutting and Combustion Engines
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...
Abbott Forecasts 2025 Profit in Line With Estimates
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 Considers Legal Action After US Steel Deal Blocked by Biden
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....