business
Wacker Chemie Becomes Latest German Company to Cut Jobs in Ailing Labor Market
The company plans to cut more than 1,500 jobs in a move to reduce costs and boost its edge against Chinese competition. Source link
Boohoo Shares Jump as All Brands Return to Profit, Earnings Seen Higher
The company said it expects 45 million pounds in fiscal 2026 Ebitda, and for this to grow by a double-digit percentage in the next fiscal year. Source link
Gambling Companies Warn of Earnings Hit From U.K. Tax Increases
The U.K. detailed plans to raise its remote-gaming duty to 40% from 21% from April 2026 and to hike its general online betting tax to 25% from 15% a year later. Source link
Puma Shares Surge on Takeover Speculation
The media report of potential takeover interest from China’s Anta Sports comes at a time when the group is trying to turn its fortunes around. Source link
Sika Flags One-Off Hit From China Restructuring, Cost-Cutting Measures
The chemicals company expects a one-off hit of up to $124 million this year from an overhaul of its operations in China. Source link
Remy Cointreau Expects Growth to Bounce Back Despite Market Headwinds
The owner of Remy Martin is to focus efforts on its transformation plan and is confident of returning to growth in its fiscal second half after lower demand and tariffs. Source link
Corporate Dealmaking Is Getting Bigger and Bolder Under Trump
A more lax approach to merger enforcement has led to fewer challenges, with companies more willing to pursue deals that combine direct competitors. Source link
The Untold Story of Charlie Munger’s Final Years
The Berkshire vice chair was making gutsy investments, forging unlikely friendships and facing new challenges to the end. Source link
Here’s What’s Really in a Can of Campbell’s Chicken Soup
Campbell’s fired an executive who allegedly said it relies on ingredients that are bad for people’s health. Now, the company is defending its most well-known products. Source link
Todd Boehly Makes a Play for International Assets of Russia’s Lukoil
The billionaire investor has formed a consortium with a United Arab Emirates-based investor group. Source link