Saturday, December 8, 2018

Google CEO hearing likely to be rescheduled

The hearing may be postponed for next week, and "it's very, very important that it do occur"Due to the state funeral of former President George H.W. Bush, the U.S. House Judiciary Committee is most likely to...

PepsiCo Announces Acquisition of Health Warrior, Expanding Presence in On-Trend Plant-Based Space

This Marks the First Investment Led by the PepsiCo HIVE, A New Entity within PepsiCo Designed to Grow Smaller, Emerging BrandsPepsiCo, Inc. announced it has acquired Health Warrior, Inc., a U.S.-based nutrition-forward company that...

Subaru Celebrates Seven Years of Monthly Sales Records With Best-Ever November Sales

Best-ever November – monthly sales increase nearly 10 percent 84 consecutive months – seven years – of yearly, month-over-month growth Best November ever for Ascent, Crosstrek and Forester 57 consecutive months of more...

Schneider Electric Partners with Shuttleworth to Offer Smart Manufacturing Solutions for Product Handling Customers

Schneider Electric, the global specialist in energy management and automation, today announced a partnership with Shuttleworth, a leader in automated product handling solutions to optimize the company's new product handling machine with Schneider Electric's PacDrive™...

Cargill expands its global poultry business in Colombia with acquisition of CAMPOLLO

Acquisition will grow Cargill's Colombian poultry operations to better serve its Latin American customers, welcoming more than 2,500 new employeesCargill has acquired Colombian-based CAMPOLLO, one of the country's leading producers of chicken and protein...

SAP plays down margin fears, prioritises growth: CFO

Faster than expected growth in its cloud business has pressured margins at German business software company SAP, but for Chief Financial Officer Luka Mucic that's a good problem to have.Operating margins expanded by only...

Alibaba looks to take this year’s $25 billion mega sales event international

Alibaba on Friday kicked off the festival for its annual massive shopping event. The sale day, widely known as "Singles Day," takes place on Nov. 11 and Alibaba is hoping its "New Retail"...

Nike is in the midst of a technological revolution

Nike (NKE) will continue to race ahead in the sneaker space as it aggressively expands its digital presence, according to Oppenheimer.“In our view, Nike represents an already dominant, legacy global brand that is now...

Saudi Aramco Pulls The Trigger On $25 Billion Megaproject

Saudi Aramco signed on Thursday an agreement to invest in a 400,000-bpd refinery and associated petrochemical plants in eastern China as part of Saudi Arabia’s push to expand its downstream business and secure additional markets for...

Facebook can potentially be fined up to $1.63 billion in Europe

New Wall Street Journal report states that regulators are considering imposing a billion dollar-plus fine on the social media giant over its latest data breachThe latest data breach was reported to have exposed the...

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