BYD Pressures Suppliers for 10% Price Drop to Stay Ahead in China's Tough NEV Market 
Apple's Foldable iPhone May Turn Around Plummeting Foldable Sales by 2026 
‘Trump’s Budget Showdown!’—‘Uniting Congress or Brewing Chaos?’ Sparks Fierce Debate Over Spending and Relief Plans 
‘UK Economy on Shaky Ground' Ripple Effects from Trump’s Tariff Storm Could Hit Harder Than Predicted 
Trump's Cabinet Selections Unsettle US Healthcare Stocks; Policy Fears Mount 
Black Friday: why our brains love a bargain 
South Korea CPI Dips Again in November, Fueling Speculation Over More Bank of Korea Rate Cuts 
‘India’s GDP Growth Gamble!’—‘Will Modi’s Big Spending Plan Deliver or Spark an Economic Setback?’ Sparks Outrage! 
Proper Posture: Protecting Yourself Against the Health Risks of Poor Posture 
Kia’s EV4 Breaks Cover for 2025: Entry-Level Electric Sedan to Shake Up the Affordable EV Market 
Xiaomi Gears Up for Custom 3nm Silicon Paired With MediaTek T90 5G Modem for Speed Innovation 
Yoon’s Martial Law Ends in Early-Morning U-Turn Amid National Assembly’s Fierce Pushback 
Tesla Scores Big as Longtime Critic Turns Bullish, Boosting Price Target from $85 to $380 
Citi Completes Banamex Split, Paving the Way for a 2025 IPO Across Mexico and Wall Street 
GM Offloads Michigan Battery Plant Stake to LG Energy as EV Ambitions Take a New Path 
Hormel Foods Corp. is hammering out the details to acquire a minority stake in Indonesia’s top snack-food maker PT GarudaFood Putra Putri Jaya from private equity firm CVC Capital Partners for a few hundred million dollars.
The US food giant has emerged as the likeliest buyer of the GarudaFood stake after outbidding rivals.
Talks are at an advanced stage.
The Austin, Minnesota-based Hormel has a portfolio that includes SPAM, Skippy, and Planters, and generates over $11 billion in annual revenue,
Its shares have slipped about 8 percent this year, valuing the firm at about $24.6 billion.
GarudaFood’s products include peanuts, potato chips, wafer sticks, crackers, cheese, biscuits, and milk drinks for children. Its products are sold in more than 20 countries, with a focus on Southeast Asia, China, and India.
GarudaFood has a market value of about $1.2 billion,
CVC invested about $150 million in GarudaFood back in 2018.
