Natura Swings Back to Profit, Eyes Sale of Avon International Brazilian beauty giant Natura has made a remarkable turnaround, bouncing back from a significant net loss to post a net profit of $35.8 million for the three months ending in June. This impressive feat marks a stark contrast to the $157 million real net loss […]
Tesla seeks approval to supply electricity in the UK
Tesla’s Bold Move: Seeking Approval to Supply Electricity in the UK Tesla, the renowned electric vehicle manufacturer, is making waves once again with its recent application to supply electricity in the UK. This groundbreaking move marks Tesla’s expansion into the energy sector, further solidifying its position as a key player in the realm of sustainability […]
Procter & Gamble Names Shailesh Jejurikar as CEO, Replacing Jon Moeller
Procter & Gamble Names Shailesh Jejurikar as CEO, Replacing Jon Moeller Procter & Gamble, the consumer goods giant behind iconic brands like Tide, Pampers, and Gillette, has announced a change in its leadership. Shailesh Jejurikar is set to take the reins as the new CEO, succeeding Jon Moeller. This move marks a significant shift in […]
Pepkor To Buy Four Brands Giving It Access To 462 African Stores
Pepkor Expands Its Reach: Acquiring Four Brands to Access 462 African Stores In a strategic move to solidify its position as Africa’s largest apparel retailer, Pepkor Holdings Ltd. has announced its acquisition of clothing and homeware brands from Retailability Proprietary Ltd. This bold decision will not only bolster Pepkor’s portfolio but also grant the company […]
GlobalWafers confirms US investments are on track
GlobalWafers Confirms US Investments Are on Track GlobalWafers, a leading silicon wafer manufacturer, has reaffirmed its commitment to its expansion plans in the United States, despite the potential for adjustments in government funding. The company’s decision to stay the course with its investments underscores its confidence in the long-term growth potential of the US market […]