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Retail, Consumer CEOs See Shorter Tenures As Boards Act More Quickly

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Retail, Consumer CEOs See Shorter Tenures As Boards Act More Quickly

When two of the most powerful brands in retail and packaged foods last month ousted their CEOs, it signalled corporate boards are more ready to toss top ex...

Couche-Tard Asks 7-Eleven Owner For Talks After $38.5-bn Offer Rejected

Canada's Alimentation Couche-Tard said it was willing to engage in confidential discussions with Japanese retail giant Seven & i Holdings on its $38.5...

Seven & i To Ask Couche-Tard To Reconsider 'Inadequate' Offer, Source Says

Japanese retail giant Seven & i will inform Canada's Alimentation Couche-Tard that its takeover bid price is 'inadequate', a source familiar with the m...

Ocean Shipping's Zero-Emissions Push Needs Government Support, Maersk Says

The Alette Maersk was the first container vessel powered by low-carbon methanol fuel to cross the Pacific Ocean – a milestone in the shipping industr...

Philip Morris To Invest $232m To Expand ZYN Production At Kentucky Plant

Philip Morris International plans to invest $232 million to expand production capacity for ZYN nicotine pouches at its Ownesboro, Kentucky plant, to meet t...

UK's Bunzl Lifts Profit Outlook On Robust Demand

Britain's Bunzl raised its annual adjusted operating profit forecast, benefiting from acquisitions and demand for its own brand business supplies.

As 7-Eleven's Japan Owner Weighs A Bid, US Fans Crave 'Conbini' Food

Seven & i Holdings turned the humble 7-Eleven store into a popular food destination in Japan by serving up fresh sandwiches, rice balls and rows of box...