According to documents sent by the American coffee brand Maxwell House to its suppliers obtained by Reuters,Maxwell House has lost hope in the tariff plan […]
Category: Business
Tariffs Cause Coffee Bean Prices to Rise, and Small and Medium-Sized Coffee Roasters Raise Prices in Response
The ever-changing policies have brought more uncertainties to coffee roasters in the United States. Their president decided to postpone the imposition of tariffs on foreign […]
Shareholders of U.S. Steel approve Nippon Steel's acquisition plan.
Shareholders of U.S. Steel (U.S. Steel) as expected approved the acquisition offer proposed by Nippon Steel (Nippon Steel), which has a transaction amount of up […]
Exxon Mobil expects profit to fall in Q1
-US oil major Exxon Mobil expects first-quarter earnings to be lower than in the fourth quarter of last year, mainly due to lower oil and […]
Battle for proxy ends with Disney fending off Peltz
The battle for control of US entertainment giant Disney has ended with chief executive Robert Iger fending off a bid by activist investor Nelson Peltz.With […]
The union rejects Nippon Steel's proposal and does not support the purchase of United States Steel
The United Steelworkers (USW) said it had received a letter from Nippon Steel promising not to lay off employees until September 2026 after a successful […]
The founder of FTX, Sam Bankman-Fried, was sentenced to 25 years in prison.
The founder and CEO of the cryptocurrency trading platform FTX, Sam Bankman-Fried, was arrested on charges of fraud, conspiracy to defraud, and money laundering. After […]
SHEIN's net profit reportedly doubled to more than $2 billion last year
The Financial Times of the UK quoted insiders as reporting that the net profit of Chinese clothing e-commerce platform SHEIN (Xiyin) in 2023 increased by […]
Retail sales in Japan rose 4.6% in February, beating expectations
Retail sales in Japan rose 4.6% year-on-year in February, higher than the market's expected 3%. In addition, industrial production in February fell by 0.1% month-on-month, […]
South Korea plans to set up a supply chain fund to support the localization of urea
The South Korean government held a meeting to implement the pilot projects of the eight major industry supply chains. According to Yonhap News Agency, the […]