Bain Capital, an investment firm, has placed a bid for Costa Coffee, which Coca-Cola Co. is selling for an estimated £2 billion ($2.7 billion), according to reports from the Financial Times based on knowledgeable sources. Costa Coffee is the biggest coffeehouse chain in the UK and the second...

Walmart Inc., the biggest retailer in the U.S., revealed plans to remove synthetic colors from its private-label products by January 2027. The firm intends to remove 30 additional ingredients, such as artificial sweeteners and preservatives. The alterations to the recipes will impact all food and...

Investment firm Permira is considering the option of selling its pharmaceutical business Neuraxpharm. According to Bloomberg, informed sources indicate the deal's value might range from €3 billion to €4 billion. Sources indicate that Permira is currently in discussions with advisers, and the sale...

Huawei Technologies in China intends to nearly double the output of its top-tier 910C Ascend AI chips next year compared to this year, reaching an estimated 600,000, according to Bloomberg, which cites knowledgeable sources. The firm aims to boost total production of Ascend chips to 1.6 million by...

The American firm Meta will provide UK users of Facebook and Instagram the choice to pay to avoid ads on these platforms in the upcoming weeks, the company revealed. This choice will be priced at £3.99 ($5.32) monthly for iOS and Android mobile devices, and £2.99 monthly for the web. Account...

Apple has formally urged the European Union to repeal or significantly revise its Digital Markets Act (DMA), arguing that the law’s requirements are disrupting product development, delaying feature rollouts, and putting user privacy and security at risk. The company’s criticism comes as the EU...

Oracle Corp., based in the US, intends to offer $15 billion in investment-grade bonds in the US, according to Bloomberg, which cites sources. The software developer is set to sell seven bond offerings, which will feature 40-year bonds. Pricing for the latter is under consideration at roughly 1.65...

Chery Automobile intends to sell shares in its initial public offering on the Hong Kong Stock Exchange at the higher end of its previously stated price range of HK$30.75 ($3.96), according to Reuters, referencing sources. The firm might generate $9.145 billion ($1.2 billion) through the sale of...

In connection with the imminent sale of the social media platform TikTok to a group of American investors, American Oracle Corp. will redesign its algorithm and guarantee its safe functioning in the U.S., Bloomberg states, referencing an unnamed official from the White House. This will enable...