Diageo makes bold bet on tequila with Lobos 1707 deal
In a strategic move to realign its portfolio with shifting consumer preferences, Diageo is trading majority rights to the Cîroc vodka brand in North America [more…]
Category: Business
Riyadh Air cleared for takeoff with official operating license
Riyadh Air has just hit a major milestone—Saudi Arabia’s General Authority of Civil Aviation (GACA) officially handed over the all-important Air Operator’s Certificate (AOC), giving [more…]
Nike and global sports brands brace for U.S. tariff impact
Nike could soon face another challenge in its ongoing efforts to rejuvenate its brand and regain lost momentum in sales—potential U.S. tariffs on imports from [more…]
Ferrari to raise US prices by 10% amid tariff changes
Your support powers our stories In a bold move, Ferrari, Italy’s iconic luxury sports car manufacturer, revealed plans to increase prices by up to 10% [more…]
Maserati cancels electric MC20 amid weak demand
Your support powers our stories Maserati has decided to halt its plans for an all-electric MC20 Folgore, citing limited demand for battery-powered supercars among its [more…]
Southwest Airlines ends free checked bags
Your support powers our stories Southwest Airlines, known for its customer-friendly policies, is making a significant change by introducing checked baggage fees for the first [more…]
DHL announces 8,000 job cuts in Germany to cut costs
Your support powers our stories Germany’s DHL is set to cut 8,000 jobs in its home market this year, marking its most significant workforce reduction [more…]
Natura & Co in talks to sell Avon’s global operations
Your support powers our stories Brazilian cosmetics giant Natura &Co has entered exclusive discussions with asset manager IG4 over a potential deal involving Avon’s operations [more…]
First Gen sells stake in Philippine LNG terminal to Tokyo Gas
Your support powers our stories First Gen Corp. has officially sealed a game-changing deal, selling a 20-percent stake in its offshore liquefied natural gas (LNG) [more…]
Korean instant noodle giant targets growing European market
Your support powers our stories South Korea’s top instant noodle brand, Nongshim, is making a bold move into Europe by setting up a subsidiary in [more…]