Companies & CEOs

Water utilities American Water and Essential Utilities to merge into $63 billion company

American Water Works and Essential Utilities, two companies that provide water and wastewater services in the United States, have announced their intention to merge, as stated in a formal release.
Published on October 28, 2025
By Iris Barker

TotalEnergies may sell 50% of its energy storage portfolio in Germany

French energy company TotalEnergies is exploring the possibility of selling half of its energy storage assets in Germany, according to a report by Bloomberg, which is based on information from…
Published on October 27, 2025
By Iris Barker

Blackstone and TPG to acquire women’s health solutions developer Hologic

Hologic announced that American investment firms Blackstone and TPG are purchasing women's health technology developer Hologic at an enterprise value of as much as $18.3 billion.
Published on October 22, 2025
By Iris Barker

Warner Bros. Discovery considers selling its business

Warner Bros. Discovery (WBD) revealed it is exploring the option of selling its complete business or parts of it.
Published on October 22, 2025
By Iris Barker

UK watchdog sees competition risks in Getty Images and Shutterstock deal

The UK Competition and Markets Authority (CMA) recognized competition concerns regarding the merger between photo banks Getty Images Holdings and Shutterstock.
Published on October 21, 2025
By Iris Barker

Salesforce expects 10% revenue growth in the next five years

Salesforce Inc., a provider of cloud-driven enterprise customer engagement solutions located in the U.S., anticipates its revenue will reach $60 billion by the fiscal year 2030.
Published on October 17, 2025
By Iris Barker

Thousands of Britons sue carcinogenic baby powder

Thousands of British citizens have initiated legal action against Johnson & Johnson (J&J), alleging that the American pharmaceutical firm knowingly marketed baby powder with asbestos in the UK, according to…
Published on October 17, 2025
By Iris Barker

European Commission fines Gucci, Chloé, and Loewe €157 million

The European Commission announced in a statement that it has imposed fines exceeding €157 million (around $182 million) on Gucci, Chloé, and Loewe for engaging in anticompetitive pricing behaviors.
Published on October 15, 2025
By Iris Barker

Technip Energies to explore alternatives to LNG module production in China due to risk of increased US tariffs

EPC contractors constructing LNG facilities in the US might be able to avoid Chinese shipyards, depending on the manufacturing capabilities in other Asian nations and the Middle East, said Technip…
Published on October 14, 2025
By Iris Barker

Lockheed Martin increases dividend by 15%, announces $2 billion buyback

The American defense firm Lockheed Martin raised its quarterly dividend by 15%, from $3.30 to $3.45 per share, as stated by the company's press service.
Published on October 14, 2025
By Iris Barker

Johnson & Johnson in talks to buy Protagonist Therapeutics

The Wall Street Journal reported, citing informed sources, that American healthcare firm Johnson & Johnson is negotiating to purchase biopharmaceutical company Protagonist Therapeutics.
Published on October 13, 2025
By Iris Barker

Turkish Airlines may forgo Boeing deal, choose Airbus

Turkish Airlines might forgo its recently placed order for Boeing Co.'s 737 MAX planes and opt for Airbus aircraft if talks with engine supplier CFM International do not succeed, Ahmet…
Published on October 10, 2025
By Iris Barker

Ferrero to spend over $100 million on advertising during US sporting events

Ferrero’s North American branch will invest over $100 million in advertising for next year’s major sporting events – the Super Bowl and the FIFA World Cup.
Published on October 10, 2025
By Iris Barker

Nestlé to withdraw from methane emissions alliance

Nestlé, based in Switzerland, declared it is exiting an alliance comprised of the largest global food producers focused on decreasing methane emissions from dairy providers.
Published on October 9, 2025
By Iris Barker

Ineos to close two more chemical plants in Germany due to high energy prices

British firm Ineos has confirmed plans to shut down two manufacturing plants in Rheinberg, Germany, as a direct consequence of "damaging energy costs and carbon emissions" and the absence of…
Published on October 7, 2025
By Iris Barker

Berkshire Hathaway to acquire Occidental Petroleum’s petrochemical business for $9.7 billion

Berkshire Hathaway, the investment firm led by Warren Buffett, has reached an agreement to purchase Occidental Petroleum's petrochemical division for roughly $9.7 billion, as stated by the purchaser.
Published on October 3, 2025
By Iris Barker

XPeng announces market expansion in five European countries

Chinese electric vehicle company XPeng has formally declared its expansion into five additional European markets as a segment of its global growth plan. According to Chinese media, these markets comprise…
Published on October 2, 2025
By Iris Barker

Repsol to build Spain’s first large-scale renewable hydrogen plant

Spanish energy group Repsol, in partnership with Enagas Renovable, has approved a project to build the first large-scale renewable hydrogen plant in Cartagena (Murcia region, Spain).
Published on October 2, 2025
By Iris Barker

Exxon requests security guarantees from Mozambique for future $30 billion LNG plant

ExxonMobil's CEO Darren Woods has sought security assurances from Mozambique's President Daniel Chapo in Cabo Delgado, where terrorist groups have been present since 2017, regarding the plan to establish the…
Published on October 1, 2025
By Iris Barker

YouTube to pay $24.5 million to settle Trump’s account suspension claims

YouTube (a subsidiary of Alphabet Inc.) will pay $24.5 million to resolve allegations from US President Donald Trump concerning the suspension of his account on the video platform after the…
Published on October 1, 2025
By Iris Barker

TotalEnergies to sell half of its North American solar business

The American investment firm KKR is acquiring 50% of French energy company TotalEnergies' North American solar business.
Published on September 30, 2025
By Iris Barker

Chinese startup Momenta could be valued at $6 billion in a funding round

Chinese self-driving technology company Momenta is conducting a funding round that could reach a valuation of $6 billion, according to CNBC, which cites knowledgeable sources.
Published on September 29, 2025
By Iris Barker

FAA to ease restrictions on new Boeing deliveries

The US Federal Aviation Administration (FAA) intends to relax the delivery criteria for new Boeing Co. planes that were established following several incidents, according to The Wall Street Journal, which…
Published on September 29, 2025
By Iris Barker

Indian fintech company PhonePe is preparing $1.4 billion IPO

Indian fintech firm PhonePe, which runs the nation's leading payment app, has submitted its IPO application, according to a news report by Reuters that references a company representative.
Published on September 25, 2025
By Iris Barker

Lego to acquire discovery center chain for £200 million

Danish toy company Lego announced purchase of discovery centers from theme park operator Merlin Entertainments for £200 million ($270 million).
Published on September 25, 2025
By Iris Barker

UBS to pay €835 million in French tax settlement

The Swiss bank UBS has announced in a statement that it will pay €835 million in fines and damages in France to resolve a prolonged case related to its involvement…
Published on September 24, 2025
By Iris Barker

Jaguar Land Rover will resume production after cyberattack no earlier than October 1

Jaguar Land Rover, based in the UK, revealed that the production halt due to a cyberattack will continue until October 1. The systems faced an attack in early September, and…
Published on September 24, 2025
By Iris Barker

Pfizer to acquire biopharmaceutical company Metsera

The American pharmaceutical firm Pfizer Inc. is purchasing the biopharmaceutical company Metsera Inc., known for its obesity treatment developments.
Published on September 23, 2025
By Iris Barker

Paramount Skydance may value Warner Bros. Discovery at up to $59.4 billion

According to sources cited by CNBC, American media firm Paramount Skydance could value Warner Bros. Discovery at $22-$24 per share in its anticipated acquisition bid. This might assess Warner Bros.…
Published on September 22, 2025
By Iris Barker

Volkswagen downgrades full-year profitability outlook due to Porsche

German car manufacturer Volkswagen (VW) has revised its operating margin outlook for 2025 down to 2-3% from a previous estimate of 4-5%, as per a statement.
Published on September 22, 2025
By Iris Barker

DuPont lowers full-year revenue outlook due to business divestment

American chemical firm DuPont de Nemours Inc. has decreased its revenue forecast for the year because of the divestiture of its aramid fiber division and the separation of its electronics…
Published on September 19, 2025
By Iris Barker

Nvidia to invest $5 billion in Intel

Nvidia Corp., an American chip manufacturer, will put $5 billion into its struggling competitor Intel Corp. as part of collaboration to co-develop new chips for data centers and personal computers,…
Published on September 19, 2025
By Iris Barker

Authentic Brands and CVC interested in Puma, expressing interest in Pinault family stake

Authentic Brands, the American retail conglomerate that owns Reebok, along with investment firm CVC Capital Partners, is reportedly looking to purchase the German sportswear company Puma, as per Manager Magazin.
Published on September 18, 2025
By Iris Barker

TikTok’s American division may be sold to a consortium involving Oracle

The American branch of the social media platform TikTok could be acquired by a group of investors that includes Oracle Corp., according to The Wall Street Journal, referencing sources.
Published on September 17, 2025
By Iris Barker

Starbucks may sell control of China business by end of October

Investment firms Carlyle Group and EQT, along with China's HongShan Capital Group and Boyu Capital, are finalizing their bids to acquire a majority share of the Chinese branch of Starbucks…
Published on September 12, 2025
By Iris Barker

Hyundai delays US plant construction after anti-immigration raid

The establishment of a battery facility in Georgia, USA, collaboratively managed by South Korean firms Hyundai Motor Group and LG Energy Solution, has faced several months of postponement following an…
Published on September 12, 2025
By Iris Barker

ExxonMobil expects EU to sign multi-year contracts to buy gas from the US

ExxonMobil Corp. anticipates that the European Union will finalize long-term contracts to purchase gas from the US as part of a trade deal where Brussels has agreed to acquire $750…
Published on September 11, 2025
By Iris Barker

SpaceX to buy EchoStar spectrum for $17 billion, pay half in shares

Elon Musk's aerospace firm SpaceX is purchasing spectrum licenses from EchoStar Corp. for $17 billion.
Published on September 9, 2025
By Iris Barker

EU fines Google €2.95 billion

The European Commission has imposed a €2.95 billion penalty on Alphabet Inc.'s Google due to anti-competitive behavior in its advertising sector.
Published on September 8, 2025
By Iris Barker

OpenAI to buy Statsig startup, pay for deal with own shares

OpenAI, the creator of ChatGPT, is acquiring Statsig, a startup that creates tools for testing software features.
Published on September 4, 2025
By Iris Barker

Elliott buys $4 billion in PepsiCo

Elliott Investment Management has purchased a $4 billion stake in PepsiCo Inc. and is pushing for modifications at the company to bolster its stock, The Wall Street Journal reported, referencing…
Published on September 3, 2025
By Iris Barker

Investment company CapVest close to buying German pharmaceutical company Stada for €10 billion

CapVest Partners is close to buying the German drug company Stada Arzneimittel AG for €10 billion, including debt, Bloomberg reports based on information from sources.
Published on September 2, 2025
By Iris Barker

Intel, Samsung, and SK Hynix to lose right to use U.S. technology in China

According to Bloomberg, the U.S. division of Intel Corp., along with South Korean firms Samsung Electronics and SK Hynix, will forfeit their access to American technology.
Published on September 1, 2025
By Iris Barker

Walgreens to split into several companies, appoints new CEO

American Walgreens Boots Alliance, purchased by the investment firm Sycamore Partners, revealed a shift in its corporate organization.
Published on August 29, 2025
By Iris Barker

Rheinmetall AG opens Europe’s largest ammunition plant in Germany

Europe's biggest ammunition factory, constructed by arms producer Rheinmetall AG in the Unterlüss area of Lower Saxony, started operations on Wednesday, according to Bloomberg.
Published on August 28, 2025
By Iris Barker

EssilorLuxottica may increase stake in Japan’s Nikon to 20%

EssilorLuxottica, the European producer of eyewear and sunglasses, is contemplating raising its ownership in the Japanese optical equipment manufacturer Nikon Corp., according to Bloomberg, which references sources with knowledge of…
Published on August 27, 2025
By Iris Barker

AbbVie to buy Gilgamesh’s depression drug development program for $1.2 billion

AbbVie Inc., an American pharmaceutical firm, is acquiring the operations of Gilgamesh Pharmaceuticals Inc. to create a medication aimed at treating individuals with moderate to severe clinical depression.
Published on August 26, 2025
By Iris Barker

Nvidia in talks with U.S. government to ship new AI chips to China

Nvidia Corp. is negotiating with the U.S. government for approval to send advanced new chips to China, CEO Jensen Huang stated on Friday.
Published on August 25, 2025
By Iris Barker

Court says Musk offered Zuckerberg to buy OpenAI together

According to court documents cited by CNBC, Elon Musk proposed that Mark Zuckerberg, the head of Meta, join in the acquisition of OpenAI planned for early 2025.
Published on August 25, 2025
By Iris Barker

Lufthansa and Latvia invest €28 million to airBaltic

The procedure for drawing in a strategic investor to the Latvian national airline airBaltic has been successfully finalized, all transaction paperwork has been signed, and the required formalities have been…
Published on August 22, 2025
By Iris Barker
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