Nestlé abruptly dismissed Chief Executive Laurent Freixe on Monday after an internal review concluded he breached the company’s code of conduct by failing to disclose a romantic relationship with a direct subordinate. The Swiss food group moved swiftly to replace him, elevating longtime executive...

China’s electric-vehicle champion BYD reported a sudden and painful squeeze on profitability this quarter as an accelerating price war at home forced the company into heavy discounting, dealer incentives and margin concessions. Once the poster child of China’s EV boom, BYD’s second-quarter results...

Meta Platforms is reportedly exploring short-term deals to use rival AI models from Google and OpenAI inside its apps as the company races to close a widening performance gap with leading generative-AI providers. The discussions, centred in Meta’s newly formed Superintelligence Labs, reflect a...

Russian oil major Rosneft said its net income plunged by roughly 68% in the first half of the year, a decline company executives squarely blamed on a mix of weaker crude prices, currency movements and mounting structural costs — a cocktail that has battered earnings across the country’s energy...

Nvidia delivered a blockbuster second-quarter performance, yet persistent doubts over its ability to sell H20 chips in China have cast a shadow over the otherwise dazzling results. While revenue, profit, and profitability margins soared to new highs, the market’s focus shifted to geopolitical...

India is at the center of a growing national conversation about protein: whether the country as a whole suffers from a chronic shortfall, and whether the sudden surge of protein-fortified foods driven by fast-food chains, celebrities and sports stars is a meaningful public-health response or a...

The U.S. government is set to acquire a 10% equity stake in Intel, marking a major strategic intervention in the domestic semiconductor industry. The deal converts previously awarded government grants into ownership, ensuring Intel receives nearly \$10 billion in funds to expand and modernize its...

China Evergrande Group’s formal removal from the Hong Kong Stock Exchange marks a dramatic milestone in a saga that has stretched over half a decade, but it does not settle the central question for many stakeholders: will investors ever recover meaningful value from the ruins of a company that once...

Keurig Dr Pepper (KDP) has moved decisively to reshape its future with an all-cash offer to acquire Dutch coffee giant JDE Peet’s for about €15.7 billion (roughly $18.4 billion). The deal — which values JDE Peet’s at €31.85 per share and will be followed by a planned split of the combined business...

Pop Mart, the Beijing-based maker of the toothy “Labubu” designer doll, has turned a viral collectible into a blockbuster financial performance: the company reported a nearly 396.5% jump in net profit in the first half of 2025, alongside more than a 200% rise in revenue. The results show how a...

Intel has accepted a $2 billion equity investment from SoftBank in a move that underlines how far the once-dominant chipmaker has fallen — and how precarious its path back to competitiveness remains. The infusion, sold at $23 a share and set to make SoftBank a significant minority holder, buys...