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BusinessPrivate

Hershey Could Be More Open to Mondelez Takeover

Mondelez International’s latest overture to Hershey underscores the challenges posed by high cocoa prices and penny-pinching consumers, which could make the company more open to a deal.

December 11, 2024
GovernmentBusinessTechnology

China Benefits as Europe’s Big Battery Ambitions Are Failing

Europe’s bid to build a homegrown battery industry to break China’s dominance in electric vehicles is failing.

December 10, 2024
GovernmentFuel

Trump’s Energy Nominee Chris Wright Champions Fossil Fuels

Liberty Energy CEO Chris Wright is President-elect Donald Trump's nominee to head the Department of Energy. He favors fossil fuels and has doubts about electric vehicles.

December 4, 2024
BusinessFuel

OPEC+ Firms Up Deal for Three-Month Delay to Output Hike

OPEC+ is making progress toward an agreement to delay its oil-production revival by another three months, delegates said.

December 3, 2024
BusinessEquipment

Stellantis Taps US Boss, Former CFO for Roles After CEO Exit

Stellantis NV appointed executives including North America boss Antonio Filosa to a committee taking over from ousted CEO Carlos Tavares, as the automaker works to fill a leadership void.

December 2, 2024
BusinessTechnology

Northvolt Names Markus Dangelmaier as CEO of Main Factory

Northvolt AB has named Markus Dangelmaier CEO of Northvolt Ett AB, its only factory that’s producing battery cells.

December 2, 2024
GovernmentBusinessLogistics

Trump’s Trade Pick Pushes Strategic Decoupling From China

Jamieson Greer, who’s been nominated as the U.S. trade representative, played a key role in imposing tariffs on China during Trump’s first term.

November 27, 2024
GovernmentBusinessFuel

OPEC+ Shifts to Virtual Meeting as Oil Futures Slide

It’s the third time in a row that the group led by Saudi Arabia and Russia has turned a gathering scheduled for its Vienna headquarters into a virtual session.

November 25, 2024
GovernmentBusinessLogistics

Tariff Concerns Propel Chinese Exports to Record Heights

China's export growth will accelerate to 7% in the final three months from the same period last year, according to the median forecast of analysts surveyed by Bloomberg Nov. 15-21.

November 25, 2024
GovernmentBusiness

N.J. Gov: ‘Money Coming Back Our Way’ Key to NYC Toll Deal

New Jersey Gov. Phil Murphy said that while he’s committed to trying to block New York City’s congestion pricing plan, he’s open to negotiating a deal that would allocate a portion of the revenue to his state.

November 22, 2024