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),...
Industry
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...
Nassef Sawiris, an Egyptian billionaire, will take over as chairman of Adidas
At the German sportswear business Adidas' shareholders' meeting in May, Egyptian billionaire Nassef Sawiris will take over as chairman. The...
Mexican agricultural exports are boosted by the Super Bowl; the top-selling products include chickpeas, cattle, and avocados
Due to the surge in exports before Super Bowl LX, which will be played between the Seattle Seahawks and the...
Drug manufacturers concerned about the legal risk of the FDA’s rapid review program
Six industry sources told Reuters that while more than six big pharmaceutical companies are taking part in the Trump administration's...
General Motors Mexico announces investment of $1 billion USD
After concluding 2025 with "solid results," General Motors (GM) Mexico planned a $1 billion investment over the following two years...
LVMH appoints Laura Burdese as new CEO of Bvlgari
Italian Laura Burdese was named the new CEO of the Bvlgari brand by French luxury goods behemoth LVMH on Thursday,...
