Category : Corporate News


Wendy's Closing Hundreds of US Restaurants

Wendy's plans to close hundreds of US restaurants to boost profits and modernize remaining locations. Learn about the fast-food chain's restructuring strategy.

Burger King China Joint Venture Deal Signed

Restaurant Brands International announces major joint venture to accelerate Burger King expansion across China. Learn how this strategic move will reshape fast-food competition in the world's largest consumer market.

KKR sells Novaria Group to Arcline for $2.2 billion

Private equity firm KKR has finalized the sale of aerospace parts manufacturer Novaria Group to Arcline Investment Management for US$2.2 billion. Discover the details of this major aerospace transaction.

Italy squares up to Shein after France's move

Italy joins France in scrutinizing Shein's operations as the fast fashion giant faces growing European regulatory pressure. Learn about the expanding challenges for global retailers.

IKEA profit falls 26% as costs, tariffs bite

Inter IKEA Group's operating profit declined 26% to €1.7 billion despite sales growth, hit by material costs, tariffs, and strategic price reductions. Discover how the furniture giant is adapting.

IKEA profit falls 26% as costs, tariffs bite

Inter IKEA Group's operating profit declined to €1.7 billion as price cuts, material costs, and tariffs impacted margins despite sales growth. Discover how the company is adapting.

Blue Jays' playoff run pays off for Rogers

How the Toronto Blue Jays' historic World Series run is adding value to Rogers Communications' sports assets ahead of planned MLSE public offering. Discover the financial impact.

Elon Musk's Tesla Pay Package Could Make Him Trillionaire

Tesla's board is pushing for Elon Musk's historic $56 billion compensation package, a deal that could potentially propel the CEO to become the first trillionaire in history as the company's valuation continues to soar.

Caesars Windsor President Kevin Laforet to Retire

Kevin Laforet, the visionary president who transformed Caesars Windsor into a premier entertainment destination, will retire in early 2025 after 10 years at the helm. Discover his legacy and what's next for the casino.

Wellington North Quarry Fraud Charges Laid

A thorough police investigation into operations at a Wellington North quarry has resulted in multiple fraud charges. Discover how authorities uncovered the alleged scheme and what consequences the accused now face.

Quebecor Q3 Profit Hits $236.1M, Up 28%

Quebecor Inc. reports impressive third-quarter financial results with profits climbing to $236.1 million, driven by strong performance across telecommunications and media divisions. Discover how Pierre Karl Péladeau's strategic vision is paying off.

REAL CEO Rick Bennett Departs Regina Credit Union

Rick Bennett has departed as CEO of REAL, Regina's prominent credit union, amid organizational restructuring. The sudden leadership change comes as the financial institution navigates new strategic directions.

REAL CEO Rick Bennet Departs Organization

Rick Bennet has departed as CEO of Regina's REAL District, marking a significant leadership change for Saskatchewan's premier entertainment and sports venue. The sudden exit comes amid ongoing organizational restructuring.

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