business
Saudi Arabia Cuts Flagship Oil Price to Asia for Third Straight Month
The country lowered the price of its crude for Asian buyers for the third consecutive month, signaling caution as concerns over excess supply continue to weigh on global markets. Source link
U.K. Shop Price Inflation Rose in December on Higher Food Prices
U.K. shop and food price inflation ticked higher in December, when shoppers leaned into promotions to alleviate cost pressures, according to an industry report. Source link
Next PLC Lifts Outlook on Stronger-Than-Expected Year End
The bellwether for the U.K. retail sector raised its guidance for the 2026 fiscal year, saying it expected a 10.7% rise in full-price sales. Source link
KKR, Warburg Pincus Among Suitors for Southeast Asia School Operator
Private-equity firms KKR and Warburg Pincus are among the bidders vying to acquire TPG’s Southeast Asia school business, which could be valued at up to $2 billion, people familiar with the process said. Source link
AB InBev Buys Back 49.9% Stake in U.S. Metal Container Plants for Around $3 Billion
The beer giant agreed to repurchase a minority stake in its U.S.-based metal container plants, taking back its share of the facilities that boost supply security. Source link
Jollibee to Spin Off International Business with U.S. Listing by 2027
Jollibee Foods Corp. plans to spin off its international business and list it in the U.S. by late 2027, as the Philippine fast-food group moves to accelerate its growth globally. Source link
Speak Loudly and Carry a Big Stick—Trump’s Approach to the Americas
President Trump’s audacious decision to seize Nicolás Maduro heralds a new geopolitical strategy: The U.S. and the U.S. only will dominate the Western Hemisphere. Source link
Trump’s Hint to Oil Executives Weeks Before Maduro Ouster: ‘Get Ready’
The U.S. president now wants oil companies to grow Venezuela’s production. Source link
How Corporate Security Has Changed a Year After UnitedHealth Killing
Spending on executive protection is up, and it isn’t all bodyguards and trained drivers. Source link
Citgo Is a Crown Jewel of Venezuela’s Oil Industry. Elliott Is Set to Reap the Benefits.
The hedge fund could soon close its proposed takeover of the refiner—and profit from any bump in oil production from the Latin American country. Source link