Ferrero acquires WK Kellogg: a win-win cooperation of complementary advantages and resource sharing
Ferrero Group announced on Thursday that it will acquire Kellogg's for approximately $3.1 billion at a price of $23 per share.
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Ferrero Group announced on Thursday that it will acquire Kellogg's for approximately $3.1 billion at a price of $23 per share.
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Recently, a heavyweight news has attracted global attention: the United States has reached a trade agreement with Vietnam.
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On July 8, 2025, US President Trump dropped a bombshell at an inner-cabinet meeting: He proposed imposing a 50% additional tax on imported copper and hinted that it could be implemented as early as late July or early August.
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On July 9th local time, Trump posted a letter to Brunei, Algeria, Moldova, Iraq, the Philippines, Sri Lanka, Libya and Brazil on the social media platform "Truth Social", announcing that the United States would impose a 20% tariff on products from the Philippines starting from August 1st, 2025, a 25% tariff on products from Brunei and Moldova, a 30% tariff on products from Algeria, Iraq, Sri Lanka and Libya, and a 50% tariff on all imported goods from Brazil.
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President Donald Trump specifically imposed a 50% import tax on Brazil on Wednesday in response to the handling of former President Jair Bolsonaro, indicating that the driving force behind US leaders' use of tariffs is not simply economic considerations but personal grievances.
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On July 9, 2025, according to OFI, the Argentine government raised the export taxes on soybeans, corn and sunflower seeds again starting from July 1.
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On July 7, 2025, US President Trump announced on social media platforms that starting from August 1, the United States would impose import tariffs ranging from 25% to 40% on 14 countries including Japan and South Korea.
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July 8, 2025 – CStone Pharmaceuticals (Stock Code: 2616.HK), an innovative biopharmaceutical company focused on anti-tumor drug research and development, announced that it has reached an exclusive strategic cooperation with Istituto Gentili ("Gentili"), a century-old oncology biopharmaceutical company with deep roots in the European market, regarding the commercialization of sugemalimab in Western Europe and the UK.
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Recently, the US e-commerce giant Amazon has engaged in a head-on battle with the world's largest retailer Walmart. Both will simultaneously launch their largest annual online promotion campaigns. Besides e-commerce platforms, the price war has also affected physical retailing under various pressures, making discounted prices increasingly important to consumers, and maintaining profits has become the top priority for retail giants.
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President Donald Trump imposed a 25% tax on goods imported from Japan and South Korea on Monday, and imposed new tariff rates on over a dozen other countries, which will take effect on August 1st.
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In November 2025, the transition period of the EU's Carbon Border Adjustment Mechanism (CBAM) will come to an end, and it will enter the full taxation stage.
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