ZOHO Corp.’s ManageEngine Division Sees Growth in Emerging Markets During the Western Slowdown
In response to a slowdown in key western markets, ManageEngine, an arm of ZOHO Corp, is strategically expanding its focus to burgeoning regions such as the Middle East, South East Asia, and Latin America.
Coca-Cola Europacific Partners Sets Sights on Becoming the World’s Largest Bottler
The proposed acquisition of Coca-Cola’s Philippines business marks a significant milestone for CCEP and AEV. The joint venture represents a powerful alliance that unlocks growth opportunities, enhances customer experiences, and solidifies their positions in the global beverage market. As the deal progresses, the industry awaits the unfolding of this transformational move that could redefine the landscape of Coca-Cola bottlers worldwide.
Exclusive: Tesla makes China boss highest-profile executive after Musk
Tesla Inc’s China chief Tom Zhu has been promoted to take direct oversight of the electric carmaker’s U.S. assembly plants as well as sales operations in North America and Europe, according to an internal posting of reporting lines reviewed by Reuters.
Exclusive: KKR raises $6 billion for biggest Asia infrastructure fund
KKR & Co Inc has raised nearly $6 billion for its second Asia Pacific infrastructure fund at the first-close, marking the biggest ever private equity fundraising for the sector in the region, two sources familiar with the matter told Reuters.
King Charles to address a nation shaken by death of queen
Britain’s King Charles will address a country in mourning on Friday following the death of his mother Queen Elizabeth, the only monarch most Britons ever knew and the “spirit of the nation” for seven decades.
Italy’s Ali Group sees shelter from economic storm in Welbilt deal
Welbilt’s exposure to the U.S. fast-food market will make new Italian owner Ali Group more resilient in a slowing global economy, while the deal will bring $100 million in cost savings, the chief executive of the catering equipment company told Reuters.
Euro holds near 2-week high, awaits ECB and Nordstream clarity
The euro held near two-week highs versus the dollar on Wednesday on expectations of a bigger ECB interest rate increase this week than earlier anticipated and a Reuters report that a key Russian gas pipeline would reopen on time after maintenance.
Chipmakers revive stocks as euro struggles after freefall
Chipmakers revived stock markets on Thursday, helping to sooth investor worries over a potentially rapid recession because of looming rate hikes, while the euro struggled near a 20-year parity with the safe-haven dollar.
California and New Zealand Form Climate Change Collaboration
Climate change has piqued everyone’s interest. By 2035, California intends to phase out the sale of gasoline-powered vehicles. By the same year, New Zealand hopes to have 30% of all car sales be electric.
World stocks bounce as investors eye Putin’s next steps in Ukraine
Global stocks broke a four-day slide on Wednesday and demand for safe-haven assets waned, with investors waiting to see Russian President Vladimir Putin’s next move after he sent troops into separatist regions of Ukraine.
