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Keywords: Strategy
Estée Lauder remains open to future acquisitions following the collapse of merger discussions with Spanish fashion and beauty group Puig, according to the company’s chief executive. The proposed deal, which would have created a major global player in the premium beauty industry, fell apart......
Australia, the United States, and the United Kingdom have announced adjustments to the Aukus defense partnership, introducing a revised approach to Canberra’s acquisition of nuclear-powered submarines. The updated plan focuses on the transfer of operational submarines from the United States rather......
CDP Equity has announced plans to increase its participation in Nexi, reinforcing the Italian government’s interest in strengthening strategic sectors linked to financial technology and digital infrastructure. The state-backed investor currently holds more than 19% of Nexi’s shares and intends......
Nvidia’s venture capital arm NVentures has invested in Paris-based quantum computing company Alice & Bob, extending the firm’s Series B funding round to 100 million euros. The company confirmed the deal on Friday, while financial terms of the transaction were not disclosed. The new capital......
Wafasalaf, one of Morocco's leading consumer finance companies, marked four decades of operations with a formal institutional evening that brought together shareholders, partners, institutional representatives, employees, and ecosystem stakeholders. The event, themed "40 years of history, between......
Shareholders of French retail giant Carrefour are expected to approve a third term for Chief Executive Officer Alexandre Bompard during the company’s annual general meeting. Bompard, who has led the supermarket group since 2017, is widely credited with steering Carrefour through a period of transformation......
Tangier hosted the opening of the first national maritime conference on Thursday, bringing together senior officials, international representatives and sector stakeholders to define a new direction for Morocco’s maritime policy. The event took place under the supervision of the ministry of transport......
Meta will begin a new round of global layoffs on Wednesday as the company accelerates a broad restructuring focused on artificial intelligence and leaner management structures. Internal documents shared with employees show that dismissal notices will be delivered in three waves at 4 a.m. local time on......
The Swedish furniture giant IKEA has announced plans to cut 850 jobs worldwide as part of a broader restructuring aimed at simplifying its organizational structure and reducing costs. The job reductions will affect both Sweden and international operations, with around 300 positions expected to be eliminated......