Month : June 2023
UK grocery inflation eases for third month, Kantar data shows
Pace of supermarket price increases slowed slightly to 16.2%, suggesting rate may have peaked...
Alibaba says Eddie Wu to succeed Daniel Zhang as CEO in surprise move
Eddie Wu will succeed Daniel Zhang as chief executive of Alibaba Group, the company announced Tuesday, laying out its succession plan....
Abu Dhabi’s ADQ wealth fund held talks to acquire Lazard
Move underlines oil-rich emirate’s ambitions to acquire a western financial services company...
Japan signed a critical minerals deal with the U.S. — but it’s still losing the global EV race
Japan signed a critical minerals trade agreement with the U.S. looking to qualify for EV tax credits, but its EV production is still lagging behind....
UBS faces hit of millions of dollars over Credit Suisse’s Archegos failings
Findings over failings at Swiss bank related to dealings with family office set to be published soon by global regulators...
Why America’s Retailers Like Target Fail Abroad | CNBC Marathon
From Target and McDonald’s to Harley-Davidson, CNBC Marathon explores why some U.S. retailers struggle to make it abroad. Target’s first and only foray into international...