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Tag: giant
Logistics giant Newlyn Group gets massive R5bn backing from Absa CIB
Burgeoning logistics property and infrastructure giant, Newlyn Group, has secured a R5 billion financing deal with…
Popular soda giant closes plant, cuts 175 jobs
A plant closure not only changes a company’s manufacturing map but also reshapes the local job…
How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen
Alice Guéhennec’s technology career got off to an early start. As a child raised in France,…
US giant Alcoa in $5.6bn South32 deal
Alcoa Corp has agreed to buy South32 Limited’s bauxite, alumina and aluminium assets in a deal…
Retail giant exits U.S. fashion after multi-million-dollar scandal
It’s been a while since consumers across America started cutting back on discretionary spending to cope…
New hedge funds are using AI bots to rival industry giant
Advances in artificial intelligence are levelling the field for fund managers, making it easier for boutique…
Paris court gives oil giant 6 months to reform climate policies, dismissing climate lawsuit demands
A court in Paris ruled on Thursday that energy giant TotalEnergies must account for its customer’s…
Las Vegas Strip retail giant closes 14 stores, plans more
For roughly eight decades the Las Vegas Strip has been an iconic global hub for gambling,…
Giant mattress retailer to sell chain in Chapter 11 bankruptcy
The overall U.S. bed and mattress sector may have performed well in 2025, with revenue rising…
Convenience store giant sells stores, exits market
A familiar convenience store brand is leaving an entire market, ending a presence that had become…
Breakfast giant cuts more workers after plant shutdown
Breakfast cereal was once one of the easiest foods to sell in America. It was quick,…
SA’s Tiger Wheel & Tyre sold to Japanese investment giant Marubeni
South Africa’s pre-eminent household automotive brands, Tiger Wheel & Tyre and Tyres & More, are officially…
Visa’s CFO downplays the importance of stablecoin and agentic commerce to the U.S. payments giant
Payments giant Visa is growing at its fastest rate in years, but it’s not because of…
Childcare giant closed 90 locations, plans more
Childcare in America was already expensive and difficult to find. Now, families may face even fewer…
A controversial fashion giant is closing its fitting rooms
Remember those teenage years when we first began to question ourselves, trying to figure out how…
Warren Buffett's Berkshire triples stake in newspaper giant
For decades, owning a newspaper looked like a losing bet. Print circulation fell, ad dollars fled…
Strip-mall fashion giant quietly closed 246 stores, plans more
Contrary to the popular narrative that the American mall is dead and the retail apocalypse is…
Cereal giant makes major change to win back consumers
Once upon a time, cereal was a morning staple. Quick, easy, and affordable, it was the…
Another fintech giant gets the pink slip from Warren Buffett's Berkshire
A lot has changed at Berkshire Hathaway in 2026. Warren Buffett, who spent six decades turning…
Mall retail giant closes stores, then admits business mistakes
The largest specialty apparel company in the U.S. has enjoyed success since it launched as a…
Breakfast giant shuts plant, cuts 100s of workers
Breakfast cereal was once one of the easiest meals to sell in America. It was quick,…