DSM-Firmenich AG agreed to sell its animal nutrition and health business to CVC Capital Partners for an enterprise value of about €2.2 billion ($2.6 billion), as the Dutch-Swiss firm sharpens its focus on consumer goods.
Europe’s food safety regulator will publish advice on what is an acceptable level of the toxin currently at the heart of one of the biggest infant formula recalls in history.
Containers of infant formula, several of which display the organic label of the Picot, Modilac, Gallia, Nestle, Guigoz, Gallia and Optima brands, on Jan. 21 in Poitiers, France. Several milk brands are currently withdrawing certain boxes contaminated with bacteria from sale. Babies have suffered from diarrhea as a result of these industrial health problems.
Berkshire Hathaway, the largest investor in Kraft Heinz Co., may soon sell some or all of its stake in the cheese and ketchup maker, just months after the firm announced plans to split into two companies.
Kraft Heinz Ketchup Photographer: Michael Nagle/Bloomberg
Burberry’s sales advanced over the key holiday period as shoppers snapped up the British brand’s tartan scarves and trench coats, especially in China, bolstering hopes of a luxury rebound.
A Burberry luxury boutique in London. Photographer: Jason Alden/Bloomberg
Intel Corp. said it’s shelving plans to spin off or sell a stake in its networking division, after the company decided it’s more likely to succeed as an internal unit.
The Intel headquarters in San Jose, California, US, on Thursday, Sept. 18, 2025. Nvidia Corp. agreed to invest $5 billion in Intel Corp. and said the two will co-develop chips for PCs and data centers, a surprise move to help prop up an ailing arch rival that sent Intel shares soaring.
Nokia Oyj is banking on the boom in artificial intelligence, streamlining its business to focus on networking infrastructure that can connect AI data centers.
An electronic device in the Nokia Oyj pavilion at the MWC25 tech show in Barcelona.
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