Natura Reaches Deal to Sell Avon’s Central American Operations In a strategic move to streamline its operations and focus on core markets, Brazilian beauty powerhouse Natura has recently announced a significant deal. The company has agreed to sell Avon’s Central American operations to Grupo PDC, a consumer goods company, for a substantial sum of $22 […]
Nvidia opens new quantum research centre in Boston
Nvidia Leads the Way in Quantum Computing with New Research Center in Boston Nvidia, a global leader in AI technology, is making significant strides in the realm of quantum computing with the establishment of a cutting-edge research center in Boston. The tech giant’s foray into quantum research marks a pivotal moment in the intersection of […]
Kering Sells Italian Luxury Outlets to Alleviate Debt
Kering Sells Italian Luxury Outlets to Alleviate Debt In a strategic move to alleviate debt and streamline its operations, the French luxury conglomerate Kering has recently announced the sale of its Italian luxury outlets. This decision is expected to bring in a substantial sum of €350 million, further solidifying Kering’s position in the ever-competitive luxury […]