Japanese car makers Honda and Nissan are reportedly in talks about deepening their ties to cope with increasing competition. According to a report by Nikkei Asia, the two automotive giants are considering joint car production and a possible merger.
Honda and Nissan previously struck a...
Your cup of coffee in the morning could soon become pricier than ever after coffee futures soared to their highest in almost half a century. The biggest reason for the surge is an expected low output from Brazil, the world’s largest coffee producer, due...
Germany’s building materials giant Heidelberg Materials is acquiring U.S. cement producer Giant Cement Holdings and its subsidiaries in a $600 million deal.
Heidelberg Materials, considered the world’s second largest cement manufacturer, has been focused on expanding its presence in the United States in recent months....
Seven & I Holdings, the parent company of convenience store chain 7-Eleven, is subject to a potential buyout by its founders, the Ito family. According to Japanese financial media outlet Nikkei, the Ito family recently reached out to various U.S. investment firms about partnering...
After several underwhelming quarters, fast food giant McDonald’s is making a significant shakeup to its menu in an attempt to boost sales and get customers into their restaurants. McDonald’s announced on Friday that it will introduce a new value menu called McValue, in 2025.
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ByteDance, the Chinese internet tech company behind the social media app TikTok, is valuing itself at $300 billion, according to a recent report by The Wall Street Journal. The figure makes it the highest-valued startup in the world.
Reportedly, ByteDance set the valuation with its...