Iberdrola Weighs Strategic Options for Scottish Power Retail Arm Amid UK Energy Sector Shakeup
Spanish energy giant Iberdrola has been quietly exploring strategic options for Scottish Power’s UK retail business, holding preliminary talks with…
Category: Business
Tech Investor Ron Conway Exits Salesforce Foundation Board Over Political Rift with Marc Benioff
Silicon Valley pioneer Ron Conway has dramatically resigned from the Salesforce Foundation board following CEO Marc Benioff’s controversial endorsement of…
AirAsia Reportedly in Preliminary Investment Talks With Vietnam’s Vietravel Airlines
Malaysia’s AirAsia is reportedly in preliminary talks to acquire a stake in Vietnam Travel & Marketing Transports JSC. Sources indicate the discussions focus on expanding AirAsia’s presence in Vietnam’s rapidly growing aviation market while navigating foreign ownership restrictions.
AirAsia Explores Strategic Investment in Vietnamese Carrier
Malaysia-based AirAsia is reportedly in early stage discussions to acquire a stake in Vietnam Travel & Marketing Transports JSC, commonly known as Vietravel Airlines, according to people familiar with the matter. Sources indicate that Tony Fernandes, the chief executive officer of Capital A Bhd., is leading the talks as the aviation group seeks to expand its footprint in Vietnam’s rapidly growing market.
GE Aerospace Stock Surged 65%: Here’s Why
GE Aerospace Stock Soars 65%: Unpacking the High-Flying Surge The stock market has witnessed a remarkable ascent from GE Aerospace…
Nestlé Announces Major Workforce Reduction of 16,000 Jobs Amid Restructuring
The world’s largest packaged food company is eliminating 16,000 positions globally as part of an accelerated restructuring plan. Nestlé reportedly aims to save 3 billion Swiss francs by 2027 while navigating challenging market conditions.
Major Workforce Restructuring at Global Food Giant
Nestlé, the world’s largest packaged food company, will cut approximately 16,000 jobs worldwide according to recent reports. The reduction represents about 5.8% of the company’s global workforce of around 277,000 employees, sources indicate.