Wednesday , 17 December 2025

Recent Posts

Nestle nears Starbucks store-products unit deal

Bloomberg Nestle SA is close to a deal for parts of Starbucks Corp.’s business that sells coffee beans and drinks in supermarkets, according to a person familiar with the situation. An agreement was expected to be announced on Monday, according to the person, who didn’t want to be identified as it isn’t public yet. Terms were not immediately available. The …

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Bombardier gains from ‘land boom’ in $635mn deal

Bloomberg Bombardier Inc.’s drive to bolster its cash reserves is getting a lift from the booming real-estate market in Canada’s biggest city. The maker of planes and trains agreed to sell its Downsview factory in Toronto to Canada’s Public Sector Pension Investment Board for about $635 million. The transaction is expected to close in the second quarter, increasing cash by …

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White House blasts China for its ‘censorship’ of US airlines

Bloomberg The White House released a blistering statement attacking China’s government for a recent demand that US and other airlines change the way they refer to Taiwan, Hong Kong and Macau in promotional materials. “This is Orwellian nonsense and part of a growing trend by the Chinese Communist Party to impose its political views on American citizens and private companies,’’ …

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