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Kraft Heinz partners with Momofuku to stay relevant

Bloomberg Kraft Heinz Co., struggling with sliding sales and a falling stock price, is partnering with celebrity chef David Chang to generate some buzz. The ketchup maker will use its expertise in food production and distribution to help Chang take his Momofuku Ssam sauce national for the first time. The condiment, which has been served across the chef’s restaurant group ...

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Hammerson pulls Intu bid as shareholder pressure prompts U-turn

Bloomberg Hammerson Plc withdrew its 3.2 billion-pound ($4.6 billion) offer to buy Intu Properties Plc after a growing number of its shareholders opposed a deal that would have created the UK’s biggest shopping-mall owner. Hammerson’s initial all-share offer had come as mall owners try to combine to cut costs and focus on premium properties while UK consumers endure a year-long ...

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Putin still seeks for Trump deal even after sanctions, Syria strikes

Bloomberg After US sanctions crippled an entire Russian industry and air strikes in Syria threatened the first direct clash between nuclear superpowers since the Cold War, Vladimir Putin is seeking to dial down the tension. Russia’s leader wants to give President Donald Trump another chance to make good on pledges to improve ties and avoid escalation, according to four people ...

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