Keywords: Strategy
Anglo American has agreed to sell its Australian steelmaking coal mines to private UK based miner Dhilmar Limited in a deal valued at up to 3.875 billion dollars in cash. The transaction marks the completion of the company’s exit from coal and forms part of a wider strategic shift toward copper......
Tesla has increased the prices of its Model Y vehicles in the United States for the first time in two years, according to updates published on its official website. The electric vehicle manufacturer raised the price of its Model Y premium all-wheel drive and Model Y premium rear-wheel drive versions......
Starbucks has announced the elimination of approximately 300 corporate positions in the United States as part of a broader restructuring plan aimed at improving operational efficiency and restoring long-term profitability. The company confirmed that several regional support offices across the country......
Taiwanese semiconductor giant Taiwan Semiconductor Manufacturing Company announced plans to sell up to 152 million shares in Vanguard International Semiconductor through a block trade aimed at financial institutional investors. The operation is expected to reduce TSMC’s ownership stake in Vanguard......
Volkswagen is preparing to introduce the ID. Polo GTI, the first fully electric model to carry the iconic GTI badge, during the Nürburgring 24 Hours weekend in Germany. The unveiling coincides with the 50th anniversary of the original Golf GTI, a model that transformed the compact performance car......
Mazda has postponed the launch of its first dedicated battery electric vehicle to 2029 at the earliest and sharply reduced its electrification spending, signaling a strategic shift toward hybrid models as near-term demand for full electric vehicles weakens in several markets. The Japanese automaker......
Volvo Cars has said it is open to forming new partnerships in the United States as part of its strategy to strengthen production and make better use of its manufacturing capacity in the country. The Swedish automaker is seeking to expand cooperation with other industry players, particularly in assembly,......
BYD Company Limited is reportedly in discussions with European automakers, including Stellantis N.V., over the possible acquisition or use of underutilized production facilities in Europe, according to industry reports. The Chinese electric vehicle giant is seeking to expand its presence in the European......
Intertek Group is moving closer to accepting a takeover proposal from Swedish private equity firm EQT in a deal valued at approximately 12.7 billion dollars. The British product testing and certification company announced that it is currently giving EQT access to additional financial and operational......
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