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...
Industry
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,...
For $2.3 billion, Diageo sells Asahi its interest in East African Breweries
The largest liquor company in the world, Diageo, agreed to sell Japan's Asahi Holdings its 65% share in East African...
Prada completes acquisition of Versace for $1.5 billion
Prada declared that it had successfully acquired Versace, an Italian competitor that the luxury conglomerate claimed it has long desired....
Ticketmaster replies to Olivia Dean’s criticism about resale prices
Olivia Dean, a British singer, has been successful in getting Ticketmaster to regulate resale ticket prices and repay fans for...
As the Unilever spinoff approaches, Magnum Ice Cream raises $3.5 billion in bonds
Less than two weeks before the firm completes its spin-off from Unilever and lists in Amsterdam, Magnum Ice Cream reported...
Skims, Kim Kardashian’s business, has raised further capital and is valued at $5 billion
Jens Grede and reality TV star Kim Kardashian launched Skims, a shapewear company valued at $5 billion. On Wednesday, the...
