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...“Peace is a core value of Ben & Jerry’s,” the company’s board chair Anuradha Mittal told the Financial Times. “From Iraq to Ukraine [the company] has consistently stood up for these principles....
...It could then sell the model in India and export to south-east Asia, the Gulf, Africa, and southern and eastern Europe....
...Additionally, Disney will get warrants on Penn shares. If the new “ESPN Bet” meets certain market share targets, Disney receives a fifth of Penn’s stock....
...Penn also operates more than 40 bricks-and-mortar casinos. Penn will pump an additional $150mn a year into marketing ESPN Bet, which is launching in 17 states....
...The unrest in the Middle East also depressed Turkish Airlines’ ability to fill seats in late 2023, the airline said....
...JB Hunt, which is a big old capital-intensive diesel-burning trucking company that owns its own trucks, earned 11 per cent (and that was its worst year in more than two decades; trucking is in a slump)....
...Disney is pushing into the US sports betting industry, tying its ESPN cable network to the casino and online gambling company Penn Entertainment in a $2bn deal....
...He expects roughly 20 per cent of the company’s products will serve end users in south-east Asia in the medium to long term....
...“It is a context-dependent decision,” said Magill, who on Saturday evening resigned from her role at Penn....
...Oursin said in an interview that the south-east and Manchester were attractive target areas because “the south-east has 9mn people and the highest income per resident outside London, and Manchester is the...
...With its ownership of Shoe Palace, which has a big presence on the US west coast, and DTLR, which is established in the east, JD is hoping to fill in the gaps in the US market....
...Another recent example was a $3bn embezzlement case involving a tea import company....
...A version of this article was first published by Nikkei Asia on April 2 2024. ©2024 Nikkei Inc. All rights reserved....
...The Technoking is the reason Tesla remains the most distinctive car company in the world....
...At the hearing scheduled for Tuesday, the firms’ leaders will have to “explain their companies’ respective work for the PIF and why they each believe their company’s obligation to respond to a duly issued...
...Payment services company Magnati was spun out of First Abu Dhabi Bank and is now majority owned by Canadian private equity giant Brookfield....
...Apollo Global Management has shed its financial exposure to failed US trucking company Yellow, selling off a $500mn term loan and dropping plans to extend pricey financing to fund the freight group’s bankruptcy...
...Transsion is pushing into south-east Asia and attempting to move upmarket with a foldable phone....
...The US company told the Financial Times there had been “no attack on or fire at the factory”, which is situated in the Brandenburg region south-east of Berlin and produces 6,000 cars a week....
...The company had the backing of Middle East investors including Sheikh Mohammed bin Khalifa bin Zayed Al Nahyan, the son of the previous UAE president, who died in 2022....
...Their overseas push is bringing an army of suppliers with them, notably to south-east Asia. As a result, countries in the region are seeing the money flow in....
...In the Middle East, BP and Abu Dhabi National Oil Company suspended talks on a $2bn deal to buy a stake in an Israeli gasfield, one of the first major corporate deals to be thrown off course by the war in...
...Vietnam has pledged tax breaks and other perks to semiconductor companies to help develop the sector as the south-east Asian country takes on an increasingly crucial role amid the China-US chip war....
...A version of this article was first published by Nikkei Asia on February 27. ©2024 Nikkei Inc. All rights reserved....
...Commenting on the launch, Jane Sloan, head of global product solutions for Europe, the Middle East and Africa at BlackRock, said: “Our clients’ business models in Europe are rapidly changing — a shift to...
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