South African Financier Eyes Control of ArcelorMittal Subsidiary Amidst Market Shifts

In a strategic move that could reshuffle the competitive landscape of the steel industry, a prominent South African financier is reportedly considering an acquisition of control over a significant subsidiary of ArcelorMittal SA. This development comes at a time when the global market dynamics are shifting, affecting the operations and profits of major players in the sector.

Continue reading

Grab Expands Grocery Business by Acquiring Malaysian Supermarket Chain

In a strategic move aimed at bolstering its grocery and delivery services, Grab Holdings Inc., the Singapore-based ride-hailing and food delivery giant, has announced the purchase of a prominent supermarket chain in Malaysia. This acquisition marks a significant shift in Grab's operational focus, intensifying its competition with established grocery retailers in the region.

Continue reading