CSN is actively pursuing the sale of its infrastructure assets in Brazil, aiming to streamline its portfolio and enhance liquidity, according to BNamericas. This move plays a crucial role in the company’s broader strategic review
Browsing: business news
Japan’s Itochu Corp has announced an impressive 14% surge in its half-year net profit, fueled by robust growth in its trading and retail divisions, Reuters reports. This outstanding performance highlights the company’s ability to thrive despite ongoing global uncertainties
China’s services sector growth slowed to its weakest pace in three months this October, according to the latest PMI data from Reuters. This cooling trend underscores ongoing challenges in domestic demand as economic uncertainties continue to cast a shadow over the market
The court is set to reveal the winning bidder for Vicentin’s assets, ClarÃn reports. This crucial announcement arrives amid intense battles shaping the future of the embattled Argentine agribusiness giant
The son of a top Chinese billionaire has just stepped down as chairman of Sany International, marking a significant turning point in the leadership of the global construction equipment powerhouse, Forbes reports
A recent uproar around a coffee startup has catapulted Germany’s venture capital scene into the spotlight, igniting lively debates about its appetite for risk and commitment to fueling groundbreaking innovation, Financial Times reports
Brazil’s Azul Airlines has secured a pivotal agreement with its unsecured creditors, Bloomberg reports. This landmark deal marks a significant leap forward in the airline’s bold restructuring efforts as it tackles financial hurdles head-on. Stay tuned for more updates coming soon!
Brazilian mining company Bamin has captured the attention of three enthusiastic investors, the CEO revealed. This wave of interest underscores growing confidence in the company’s exciting growth prospects amid a thriving commodities market
Fox Business reports Bessent fired back at Senator Warren’s $20B Argentina deal critique with a bold and provocative reference to a notorious fascist leader, fiercely defending the agreement. This fiery clash intensifies the debate over U.S. foreign investments like never before
An analyst reveals that former President Trump opposes car manufacturing in Canada, casting uncertainty over Stellantis’ future operations. As U.S. trade policies shift, the automaker now confronts major challenges ahead
Japanese corporate governance practices are making waves in Mexico, revealing valuable insights into transparency, board independence, and stakeholder engagement. Experts are convinced that adopting these principles could dramatically boost the resilience of Mexican companies
After securing Trump’s colossal $20 billion investment, President Milei now confronts a formidable challenge: igniting voter enthusiasm as Argentina’s industries battle soaring inflation, disrupted supply chains, and mounting economic pressures
Factories proudly bearing the “Made in Argentina” label are closing their doors amid soaring costs and economic turmoil, deepening the challenges for President Milei’s administration as it battles to revive industry and restore economic stability, Reuters reports
Baker Tilly Germany is considering selling a stake to private equity, Bloomberg reports. This bold strategy aims to supercharge growth and expand their service portfolio, positioning them strongly amid rising competition in the accounting industry
A trustee of Tata Trusts has described the internal conflicts within India’s premier charity as “unprecedented,” revealing mounting challenges in the organization’s governance, Reuters reports
Germany has launched an investigation into online retailer Temu over allegations of price-fixing. Authorities are probing whether the company manipulated prices to gain an unfair advantage in the competitive market
Indian clothing retailer Trent has just announced its slowest revenue growth in over four years, underscoring the growing challenges facing the retail sector as evolving consumer preferences and intense competition continue to transform the market, Reuters reveals
Spain has surged ahead as Europe’s shining economic star, outpacing rivals with remarkable growth and soaring employment. The Financial Times reveals that a dynamic mix of strong domestic demand and robust exports is fueling this impressive comeback
LG Electronics is gearing up to raise a staggering $8.7 billion by taking its India unit public in an upcoming IPO, Bloomberg reports. This bold move is set to tap into the booming Indian market and supercharge the company’s growth across the region
Jared Kushner and Saudi Arabia have joined forces with other investors in an astonishing $55 billion bid to take over Electronic Arts (EA). This groundbreaking deal is set to revolutionize the gaming world, igniting excitement and anticipation about the future of game development and its ripple effects across the global market