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Carlsberg agreed to buy soft-drinks maker Britvic for the equivalent of about $4.23 billion as part of a plan to expand in the nonalcoholic-beverage market and reduce reliance on beer sales.
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The New York Times - Business
Chinese E.V. Makers Are Upending Thailand’s Auto Market
China’s electric vehicle companies are making inroads in Thailand, a key industry hub, as Europe and the United States wield tariffs to keep them out.59 min ago -
CNBC - Business
Our Mexican beer powerhouse is down on a rival's troubles — so we're buying the dip
We're also upgrading the stock back to our buy-equivalent 1 rating.10 hr ago -
The New York Times - Business
Is the Labor Market About to Crack? It’s the Key Question for the Fed.
Central bankers are paying more attention to the strength of the job market as inflation cools. But it’s a tough time to gauge its resilience.17 hr ago -
CNBC - Business
Meta agrees to $1.4 billion settlement in Texas biometric data lawsuit over Facebook images
The lawsuit by Texas against Meta involved the Facebook owner's capture and use of biometric data from photos and videos without authorization.10 hr ago - Meta -
ABC News - Top stories
What to know about new USDA policy aimed to reduce salmonella in raw poultry
The agency's food safety arm proposed new testing mandates and a requirement that poultry companies restrict salmonella levels to under a specific threshold.4 hr ago -
CNBC - Business
Johnnie Walker-maker Diageo plunges 10% on full-year sales decline, but Guinness a bright spot
Shares of spirits giant Diageo tumbled on Tuesday morning, after the Johnnie Walker-maker posted its first sales decline since the start of the pandemic.17 hr ago -
MarketWatch - Business
U.S. IPO market’s $23.2 billion in year-to-date proceeds exceeds the $19.4 billion raised for all of 2023
The U.S. initial public offering market has raised $23.2 billion in proceeds in the year to date, surpassing the $19.4 billion raised for all of 2023 — with five months still to go.14 hr ago -
The Wall Street Journal - World
Prada Posts Sales Growth Across Markets Despite Industry Slowdown
Prada reported an increase in net revenue for the first half of the year, despite a more challenging environment for a luxury sector that is grappling with a slowdown in sales growth and lower demand in China.12 hr ago -
The Wall Street Journal - Business
Prada Posts Sales Growth Across Markets Despite Industry Slowdown
Prada reported an increase in net revenue for the first half of the year, despite a more challenging environment for a luxury sector that is grappling with a slowdown in sales growth and lower demand in China.12 hr ago -
ABC News - World
Top German court faults part of a plan to solve the country's problem of too many lawmakers
Germany’s highest court has upheld the central part of an electoral reform designed to downsize the country’s increasingly bloated parliament16 hr ago
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No Smoking Gun for RBA Hike in Australia Inflation Data
Australia’s inflation was less high than expected in the second quarter, taking pressure off the central bank to raise interest rates further at its policy meeting next week.7 min ago - Australia -
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U.S. Dollar Steady Against Singapore Dollar, Supported by Safe-Haven Demand
Safe havens will likely be better supported amid simmering geopolitical tensions, Maybank said.8 min ago -
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Microsoft Stock Drops After Disappointing Cloud Growth
Sales for Microsoft’s main cloud business fell just short of expectations last quarter, causing the tech giant’s stock to decline during after-hours trading amid investor jitters over the outlook for the AI boom.13 min ago - Microsoft -
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3D Printers Are Having a Moment Thanks to the U.S.
Efforts by the White House to onshore manufacturing jobs and incentivize U.S. emissions reductions are giving a lift to 3D-printing companies, many of which had previously looked to Asia for international growth.2 hr ago -
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T-Mobile to Spend $4.9 Billion to Buy Metronet in JV With KKR
T-Mobile said it agreed to spend around $4.9 billion to form a joint venture with investment firm KKR to buy fiber-optic internet company Metronet, in a bid to reach more residential broadband users.6 days ago