US Business

Food giant and one of Europe’s largest grocers said they had reached a deal for PepsiCo products to return to stores in France.

Flexis, the electric-van joint venture formed by Volvo, Renault and CMA has named Philippe Divry as its chief executive.

The Chinese e-commerce giant staged its second highest quarterly buyback on record, spending $4.8 billion on shares in the first three months of 2024.

Chinese liquor giant Kweichow Moutai says it is aiming for continuous sales growth this year after posting a 19% rise in 2023 net profit on stronger sales.

The entertainment giant’s past handling of Iger’s succession is a key criticism that Trian Partners has raised in pushing for board seats.

The system uses cameras and sensors to charge customers after they leave stores.

In its annual filing the company said that its lack of internal control was partially a result of senior management failing to set an appropriate tone, specifically related to the delayed payments.

Schlumberger will pay almost $400 million to acquire 80% of carbon-capture company Aker Carbon Capture, creating a combined carbon-capture-focused venture.

The retail giant expects to refile the paperwork on Friday to give antitrust agencies more time to review the $2.3 billion deal.

UBS said said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for tighter regulation.