Friday , 19 December 2025

Recent Posts

It’s Kraft vs Kraft in Venezuela’s take on capitalism

Bloomberg What’s left of Venezuela’s manufacturing sector has survived government expropriations, frequent blackouts, a currency collapse and equipment shortages. But now there’s another threat: competition from imported versions of the companies’ own products. Shops across Venezuela stock Mexican-made Oreo cookies right next to the locally produced version. Kraft Heinz Co’s mayonnaise is being imported from Brazil and the US, even …

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British retailers report slowdown

Bloomberg UK retailers reported their slowest sales growth in five months during July as consumers shifted toward spending on entertainment and social gatherings and away from in-store shopping. The volume of goods sold in shops and online grew 6.4% in July compared to last year, the British Retail Consortium and KPMG said. A separate survey from Barclaycard showed more money …

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Regional bank deals in US seen ebbing with fewer partners left

Bloomberg The recent flood of US regional bank deals may be drying up. After announcing $76 billion in mergers and acquisitions so far this year — the most since 2008 — US lenders are now running out of potential partners, according to executives and investment bankers. Fewer buyers exist following takeovers by Citizens Financial Group Inc, PNC Financial Services Group …

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