Tag #International Business

Showing 37 to 48 of 64 results

english.kyodonews.net

🌐 85% Global Worthiness

Mar 13, 10:11

Couche-Tard's Friendly Takeover Bid for Seven & i Holdings Faces Antitrust Concerns

Alimentation Couche-Tard's friendly takeover bid for Seven & i Holdings, owner of 7-Eleven, faces US regulatory hurdles but proceeds despite resistance from the Japanese company, which recently appointed a new CEO and initiated a share buyback and asset sales to increase corporate value.

Couche-Tard's Friendly Takeover Bid for Seven & i Holdings Faces Antitrust Concerns

Alimentation Couche-Tard's friendly takeover bid for Seven & i Holdings, owner of 7-Eleven, faces US regulatory hurdles but proceeds despite resistance from the Japanese company, which recently appointed a new CEO and initiated a share buyback and asset sales to increase corporate value.

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What are the immediate implications of Couche-Tard's pursuit of Seven & i Holdings for the global convenience store industry?

Alimentation Couche-Tard Inc., the parent company of Circle K, expressed its intent to acquire Seven & i Holdings Co., the owner of 7-Eleven, in a friendly manner, despite facing antitrust concerns in the US. Couche-Tard emphasized its commitment to the deal, highlighting the potential synergy between the two companies and its experience navigating US regulations. They also assured Japanese 7-Eleven store owners that no store closures or job losses are planned.

africa.chinadaily.com.cn

🌐 75% Global Worthiness

Feb 28, 10:09

Domino's to Open 600+ Stores in China by 2026

Domino's Pizza plans to open over 600 new stores in China by 2026, expanding its presence in a rapidly growing market despite closing loss-making stores globally; the company opened 14 new dine-in locations across 13 Chinese cities during the 2024 Christmas and 2025 New Year holidays.

Domino's to Open 600+ Stores in China by 2026

Domino's Pizza plans to open over 600 new stores in China by 2026, expanding its presence in a rapidly growing market despite closing loss-making stores globally; the company opened 14 new dine-in locations across 13 Chinese cities during the 2024 Christmas and 2025 New Year holidays.

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What is Domino's Pizza's strategy for expansion in China, and what are the immediate impacts of this plan?

Domino's Pizza plans to open over 600 stores in China by 2026, adding 300-350 this year and a similar number next year. This expansion follows a 10-fold increase in stores since 2017, reaching over 1,000 by the end of 2024. The company recently opened 14 new dine-in locations in 13 cities, focusing on second and third-tier markets.

kathimerini.gr

🌐 75% Global Worthiness

Feb 20, 13:10

Hellenic Cables Wins US Submarine Cable Contract

Hellenic Cables won a contract to supply 21 kilometers of 230 kV submarine power cables for the Silver Run Expansion project, connecting New Jersey and Delaware via the Delaware River, with production expected to finish in the first half of 2026.

Hellenic Cables Wins US Submarine Cable Contract

Hellenic Cables won a contract to supply 21 kilometers of 230 kV submarine power cables for the Silver Run Expansion project, connecting New Jersey and Delaware via the Delaware River, with production expected to finish in the first half of 2026.

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Affordable and Clean Energy

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How will the manufacturing and delivery timeline of the submarine cables impact the overall completion of the Silver Run Expansion project?

This contract underscores the growing demand for high-voltage submarine cables in the United States energy infrastructure projects. Hellenic Cables' state-of-the-art manufacturing facility in Corinth, Greece, will produce the cables, slated for completion in the first half of 2026. The project's success relies on the timely manufacturing and delivery of the cables, illustrating the increasing importance of international collaboration in large-scale energy projects.

elpais.com

🌐 90% Global Worthiness

Feb 17, 10:14

Trump Suspends FCPA Enforcement, Weakening Global Anti-Corruption Efforts

President Trump suspended the enforcement of the US Foreign Corrupt Practices Act (FCPA), weakening the global fight against corruption by potentially allowing US companies to engage in bribery to compete with foreign rivals, particularly China, and halting investigations into kleptocracies.

Trump Suspends FCPA Enforcement, Weakening Global Anti-Corruption Efforts

President Trump suspended the enforcement of the US Foreign Corrupt Practices Act (FCPA), weakening the global fight against corruption by potentially allowing US companies to engage in bribery to compete with foreign rivals, particularly China, and halting investigations into kleptocracies.

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What are the potential long-term implications of this decision for international anti-corruption efforts and the future of global governance?

The long-term impact of this decision could be a surge in global corruption, particularly in Latin America where US companies operate extensively. The effectiveness of anti-corruption efforts by the EU, OECD, and civil society organizations will be crucial in mitigating the negative effects of this policy shift. A selective application of the FCPA, as some fear, would further exacerbate the problem.

elmundo.es

🌐 75% Global Worthiness

Feb 10, 04:07

Talgo Bidding War: Polish Fund Challenges Basque Consortium

Facing a February 14th deadline, Talgo, a Spanish train manufacturer, is embroiled in a bidding war involving a Polish fund (PFR), a Basque consortium (Sidenor), and multiple investors, prompting the Spanish government to balance national interests with shareholder demands amidst operational challen...

Talgo Bidding War: Polish Fund Challenges Basque Consortium

Facing a February 14th deadline, Talgo, a Spanish train manufacturer, is embroiled in a bidding war involving a Polish fund (PFR), a Basque consortium (Sidenor), and multiple investors, prompting the Spanish government to balance national interests with shareholder demands amidst operational challen...

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How do the competing bids from the Basque consortium and PFR reflect differing priorities and strategies in acquiring Talgo?

The Spanish government faces pressure to reconcile Talgo's 'strategic company' status with the ongoing bidding war. Competing bids highlight the tension between maximizing shareholder value and preserving national industrial interests. The involvement of various stakeholders—including the Polish and Basque governments—adds complexity to the situation.

faz.net

🌐 90% Global Worthiness

Jan 28, 22:12

Austrian Tycoon Benko Arrested on Financial Crime Charges

Austrian real estate magnate René Benko, facing €2.4 billion in creditor claims following his March 2024 bankruptcy, was arrested on Thursday for suspected financial crimes including asset concealment and deception of investors, highlighting the collapse of his Signa Group and raising questions abou...

Austrian Tycoon Benko Arrested on Financial Crime Charges

Austrian real estate magnate René Benko, facing €2.4 billion in creditor claims following his March 2024 bankruptcy, was arrested on Thursday for suspected financial crimes including asset concealment and deception of investors, highlighting the collapse of his Signa Group and raising questions abou...

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How did Benko's business practices, including his use of private foundations and close associates, contribute to his downfall?

Benko's arrest highlights the collapse of his Signa Group, once celebrated for ambitious projects like the partially-built Elbtower in Hamburg, which became insolvent. Investigators suspect Benko of misusing funds, potentially through shell companies and private foundations, to hide assets from creditors and authorities. This involved diverting investor funds and creating false invoices, including for high-priced firearms.

cincodias.elpais.com

🌐 75% Global Worthiness

Feb 28, 19:10

Dia Reports €79 Million Loss, but Spanish Market Shows Growth

Dia reported a €79 million net loss in 2024, mainly due to the sale of its Brazilian subsidiary and Argentina's economic challenges; however, its Spanish operations showed growth, with €4.263 billion in net sales and plans for further expansion in 2025.

Dia Reports €79 Million Loss, but Spanish Market Shows Growth

Dia reported a €79 million net loss in 2024, mainly due to the sale of its Brazilian subsidiary and Argentina's economic challenges; however, its Spanish operations showed growth, with €4.263 billion in net sales and plans for further expansion in 2025.

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Zero Hunger

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What were the key factors influencing Dia's overall financial performance in 2024, and what are the immediate consequences?

Dia, a Spanish supermarket chain, reported a net loss of €79 million in 2024, primarily due to the sale of its Brazilian business and the challenging Argentinian market. Excluding Brazil, Dia would have had a €28 million profit, with total revenue reaching €5.899 billion, a 17.7% increase.

dailymail.co.uk

🌐 75% Global Worthiness

Feb 21, 07:08

Ukraine's Nationalization Attempt Sends Ferrexpo Shares Plunging

Ukraine's state bureau of investigations is pursuing the nationalization of Ferrexpo's Poltava mining plant due to alleged illegal mining and waste product sales, causing a 30.4 percent drop in Ferrexpo's share price and highlighting the challenges of operating in Ukraine.

Ukraine's Nationalization Attempt Sends Ferrexpo Shares Plunging

Ukraine's state bureau of investigations is pursuing the nationalization of Ferrexpo's Poltava mining plant due to alleged illegal mining and waste product sales, causing a 30.4 percent drop in Ferrexpo's share price and highlighting the challenges of operating in Ukraine.

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What are the long-term implications of this event for foreign investors considering business ventures in Ukraine, and what measures could mitigate such risks in the future?

The nationalization attempt, coupled with ongoing investigations, signals increased risk for foreign investment in Ukraine's mining sector. This could deter future investment and potentially impact Ukraine's economic recovery efforts. The broader impact on investor sentiment towards emerging markets warrants attention.

theguardian.com

🌐 85% Global Worthiness

Feb 19, 16:11

Glencore Weighs London Stock Exchange Exit Amid Decline in UK Listings

Glencore, a £40bn mining company, is considering moving its primary stock listing from London to New York due to concerns about valuation, following a trend of companies leaving the London Stock Exchange due to declining liquidity and lower valuations compared to the US.

Glencore Weighs London Stock Exchange Exit Amid Decline in UK Listings

Glencore, a £40bn mining company, is considering moving its primary stock listing from London to New York due to concerns about valuation, following a trend of companies leaving the London Stock Exchange due to declining liquidity and lower valuations compared to the US.

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What are the immediate consequences of Glencore's potential move of its primary listing from London to New York?

Glencore, a mining group with a market value exceeding £40bn, is considering moving its primary share listing from the London Stock Exchange to New York, citing the potential for better valuation. This follows a trend of companies leaving London due to declining liquidity and lower valuations. The move, if it happens, would be a significant blow to London's position as a global hub for mining companies.

forbes.com

🌐 85% Global Worthiness

Feb 16, 16:08

Fintech Simplifies Global Currency Management for Entrepreneurs

Fintech is streamlining global currency exchange for entrepreneurs by offering digital platforms with transparent rates and fees, eliminating inefficiencies and hidden costs associated with traditional methods like airport kiosks and foreign ATMs, thus improving cash flow and allowing for more effec...

Fintech Simplifies Global Currency Management for Entrepreneurs

Fintech is streamlining global currency exchange for entrepreneurs by offering digital platforms with transparent rates and fees, eliminating inefficiencies and hidden costs associated with traditional methods like airport kiosks and foreign ATMs, thus improving cash flow and allowing for more effec...

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What is the primary impact of fintech on global currency exchange for entrepreneurs?

Fintech solutions are revolutionizing global currency management for entrepreneurs by offering transparent and accessible digital currency exchange platforms. These platforms provide competitive exchange rates, eliminating high fees and inefficiencies associated with traditional methods like airport kiosks or foreign ATMs. This results in significant cost savings and improved cash flow.

forbes.com

🌐 75% Global Worthiness

Feb 3, 19:12

Emperador Acquires Mexican Mezcal Maker to Offset Slowing Spirits Sales

Emperador, Andrew Tan's liquor company, purchased a 60% stake in Mexico's Destileria Los Danzantes for $3.8 million, adding Mezcal brands Los Danzantes and Alipus to its portfolio to offset slowing brandy and whisky sales, impacting its nine-month 2024 profit by 29%.

Emperador Acquires Mexican Mezcal Maker to Offset Slowing Spirits Sales

Emperador, Andrew Tan's liquor company, purchased a 60% stake in Mexico's Destileria Los Danzantes for $3.8 million, adding Mezcal brands Los Danzantes and Alipus to its portfolio to offset slowing brandy and whisky sales, impacting its nine-month 2024 profit by 29%.

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What is the significance of Emperador's acquisition of a majority stake in Destileria Los Danzantes for its global business strategy?

Emperador, the liquor arm of Andrew Tan's Alliance Global, acquired a 60% stake in Mexico's Destileria Los Danzantes for $3.8 million, gaining access to the Mezcal market and expanding its portfolio. This acquisition includes the top-selling Mezcal brands Los Danzantes and Alipus, which are exported to over 20 countries.

cnbc.com

🌐 85% Global Worthiness

Jan 16, 04:09

Ubisoft Faces Potential Sale Amidst Delays and Strategic Review

Facing delays for its Assassin's Creed game and exploring strategic options, Ubisoft, with 18,666 employees and a market capitalization of \$1.65 billion, is speculated to be acquired by Tencent or Savvy Games Group due to its high cost base and the involvement of the Guillemot brothers.

Ubisoft Faces Potential Sale Amidst Delays and Strategic Review

Facing delays for its Assassin's Creed game and exploring strategic options, Ubisoft, with 18,666 employees and a market capitalization of \$1.65 billion, is speculated to be acquired by Tencent or Savvy Games Group due to its high cost base and the involvement of the Guillemot brothers.

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What are the primary factors driving speculation of a Ubisoft sale, and what are the immediate consequences for the company and the gaming industry?

Ubisoft, a French video game publisher, recently delayed the launch of its Assassin's Creed Shadows game and appointed advisors to explore strategic options, fueling speculation about a potential sale. The company's high cost structure, with 18,666 employees, makes it less attractive to Western buyers.

Showing 37 to 48 of 64 results