Tag: “Corporate”

Last year, Macy’s announced it was closing 150 underperforming stores by 2026, shrinking its footprint to about 350 locations when the plan is finished. The 66 store closings revealed Thursday are included in that multiyear initiative. But, until now, Macy’s had not publicized which stores were set to close.

Mercedes-Benz car sales fell 3% to 1.98 million vehicles in 2024 amid a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.

Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service Venu, the companies said in a joint statement Friday

Tilray Brands Inc.’s stock fell in premarket trading on Friday after the beer and cannabis company said it expects a $20 million impact on its full-year revenue as it embarks on a cost-cutting plan to reduce the number of alcohol beverage brands in its portfolio.

Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues to get a boost from the AI boom.

Apollo Global Management is considering investing as much as 1.5 trillion yen ($9.5 billion) in a management buyout of Japan’s Seven & i Holdings, Bloomberg News said on Friday, citing several people with knowledge of the matter.

Scout Motors has received more than 50,000 refundable reservation deposits for its first electric pickups and SUVs, according to Volkswagen CEO Oliver Blume.

Seven & i Holdings reported a drop in quarterly net profit but promised to complete restructuring and seek further growth globally as it faced a takeover offer from the Canadian owner of Circle K.

Constellation Brands reported third quarter fiscal 2025 results that fell short of analyst expectations, leading to a 2.4% decline in its stock price premarket Friday. The company also lowered its full-year earnings guidance, citing subdued consumer spending.

Wayfair is exiting the German market and plans to cut as many as 730 jobs, or about 3% of its global workforce, as it looks to focus on new growth drivers such as physical retail, the company said Friday.

Delta Air Lines forecast 2025 profit above Wall Street expectations on Friday, thanks to robust demand for premium travel and the industry’s improved pricing power, sending its shares up nearly 8% in premarket trading.

Mars Inc. is borrowing the equivalent of $1 billion through privately-placed bonds, people with knowledge of the matter said, as it begins to repay bank loans it took out to help buy foodmaker Kellanova.

Tesla said on Friday it was recalling about 239,000 vehicles over an issue that could cause the rear-view camera to not display an image, which could be resolved by an over-the-air software update.

Πραγματοποιήθηκε χθες η πρώτη συνάντηση της ΓΕΚ ΤΕΡΝΑ, με τον υπουργό Ενέργειας και ΑΠΕ της Αιγύπτου κ. Μαχμούτ Εσμάτ, στο πλαίσιο των σχεδίων της εταιρείας για επέκτασή της στην Αίγυπτο και επενδύσεις στις ΑΠΕ της χώρας.

Την έναρξη κατασκευής της Μονάδας Συμπαραγωγής Ηλεκτρισμού και Θερμότητας Υψηλής Απόδοσης (ΣΗΘΥΑ), με στόχο τη διασφάλιση της κάλυψης των αναγκών τηλεθέρμανσης στη Δυτική Μακεδονία, ανακοίνωσε ο όμιλος ΔΕΗ.

“Πράσινο φως” έδωσε η Επιτροπή Ανταγωνισμού για την εξαγορά της “(ΝΕΑ) ΜΠΕΝΡΟΥΜΠΗ ΑΕ” από την “QUEST ΣΥΜΜΕΤΟΧΩΝ ΑΕ”.

Η διερεύνηση του ΑΔΜΗΕ σε σχέση με την επάρκεια του δικτύου να σηκώσει πρόσθετα φορτία κατανάλωσης, πιστοποίησε τον κορεσμό του δικτύου της Αττικής που αποτελεί τον βασικότερο επενδυτικό προορισμό των πολυεθνικών τεχνολογικών κολοσσών, και συνολικότερα των αστικών κέντρων της χώρας με τις μεγάλες καταναλώσεις.

Χωρίς ουσιαστική μεταβολή παραμένουν τα μερίδια αγοράς των τριών τηλεπικοινωνιακών παρόχων, OTE, Vodafone και Nova, αν και η κινητικότητα των καταναλωτών (φορητότητα των τηλεφωνικών αριθμών) αυξάνεται.

The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.

Apollo Global Management plans to expand in Japan and add staff to its Asia wealth business, its regional top executive said, as global investment firms pump more resources into the region to capitalise on a surge in deals and assets.