Business

Business

Alibaba scraps cloud business spin-off citing US chip curbs By Reuters

© Reuters. FILE PHOTO: The logo of Alibaba Group is lit up at its office building in Beijing, China August…

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Business

Elon Musk and Satya Nadella are among the CEOs lining up for face time with China’s Xi, APEC’s biggest business kingmaker

Executives from Microsoft, Citigroup, Exxon Mobil and other large multinationals are converging on San Francisco this week for an audience…

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Food & Drink

Tyson leaving ‘no stone unturned’ in plans to cut costs, improve the business

Dive Brief: After several processing plant closures this year, Tyson Foods on Monday indicated more cost cuts could be on…

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Business

Glencore consortium seals $9bn deal for Teck’s coal business

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Business

Teck Resources nears deal to sell coal business to Glencore for about $10B – WSJ

Monty Rakusen/Cultura via Getty Images Teck Resources (NYSE:TECK) is in advanced discussions to sell its coal business to Glencore (OTCPK:GLCNF).…

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Business

how Carlsberg lost its Russian business

Almost two decades after stepping down as president of Russia’s largest brewer, businessman Taimuraz Bolloev is back in charge at…

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Food & Drink

Ingredion reorganizes business, focuses on ‘texture and healthful solutions’

Dive Brief: Ingredients giant Ingredion announced this week plans to reorganize its business to sharpen its global focus on texture…

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Business

Fortune 500 Europe: Germany the biggest business powerhouse

Germany, as Europe’s largest economy, has faced a challenging period in recent years. The impact of soaring energy costs, structural…

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Business

Better UK productivity requires longer-term tax breaks, say business leaders

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Food & Drink

Beyond Meat slashes workforce as business model is under fire

Dive Brief: Plant-based front-runner Beyond Meat has cut its annual revenue for the second time this year. The company now…

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