The memory chip problem caused global smartphone shipments to fall to a 13-year low in Q2
According to preliminary estimates from Counterpoint Research, a protracted shortage of memory chips drove up phone prices and decreased demand....
Industry
Pizza Hut brand will be sold by Yum Brands for $2.7 billion
As the fast-food industry battles fierce competition and frugal consumer spending. Yum Brands said on Tuesday that it would sell...
To improve its relationship with Latin America, Diageo places a wager on the 2026 World Cup
The FIFA World Cup 2026™ is not just a tournament. For Diageo, it has become a strategic platform to connect...
McDonald’s Joins the Stadium Market in the United States
The renowned restaurant chain's first connection with a professional sports stadium in the US was announced on Wednesday when the...
Abertis plans to invest 1,200 million euros in Mexican road
The international road manager Abertis announced this Friday an agreement with the Ministry of Infrastructure, Communications and Transportation (SICT) of...
Kone completes a $34 billion acquisition of TKE to establish the biggest elevator producer in the world
In an agreement for €29.4 billion ($34.4 billion), Finnish elevator producer Kone will buy its German competitor TK Elevator (TKE),...
P&G says that rising oil costs will result in a $1 billion loss in profitability
Añadir entrada The U.S. consumer products behemoth Procter & Gamble (P&G) joined many other multinational corporations. Pointing to severe cost...
In the first quarter, America Movil’s earnings increased by 25%
Due to lower finance expenses and increased operating revenue, America Movil reported a 25.1% increase in first-quarter profitability. The Carlos...
McCormick and Unilever reach an agreement to build a $65 billion food conglomerate
McCormick, a manufacturer of spices, will merge with Unilever's food division. The business revealed on Tuesday that the combination will...
According to reports, Unilever and McCormick are in talks to combine their food businesses.
Unilever is in talks to spin off its food business and merge it with spice maker McCormick in an all-stock...
