Silver Lake Announces $400M Investment in AI Data Center Power Infrastructure
Silver Lake Technology Management LLC invests $400M in AI data center power infrastructure, aiming to harness 6GW in North America with projects in Texas and Georgia.
North America News
Ferrero Expands Global Confectionery Empire with $3.1B Acquisition of WK Kellogg
Ferrero International SpA is set to acquire WK Kellogg Co in a $3.1 billion deal, expanding its confectionery portfolio and reinforcing its presence in North America. The acquisiti...
Daimler Truck Adjusts 2025 Forecast Amid Economic Uncertainties After Strong Q1 Performance
Daimler Truck Holding AG reported strong Q1 2025 profitability but revised its 2025 outlook downward due to macroeconomic uncertainties, particularly in North America. The company ...
Porsche Faces 8% Sales Dip in Q1 2025, Yet Electrified Vehicles Shine
Porsche AG's Q1 2025 sales fell by 8% to 71,470 vehicles, with significant drops in China and Germany. However, North America saw a 37% increase, and electrified vehicles now make ...
Porsche Faces 8% Sales Drop in Q1 2025, China and Germany Hit Hardest
Porsche AG reports an 8% sales drop in Q1 2025, with significant declines in China and Germany. However, North America sees a 37% increase, and electrified vehicles now make up 38%...
US Spirits Industry Calls for Constructive Dialogue Amid Rising Tariffs
The US spirits industry, along with Canadian and Mexican counterparts, expresses concern over new tariffs, calling for dialogue to prevent harm to the North American spirits market...
US Spirits Industry Calls for Constructive Talks Amid Rising Tariffs on Mexican and Canadian Imports
The US spirits industry, along with counterparts in Canada and Mexico, expresses concern over new tariffs on imported spirits, fearing harm to the North American spirits industry. ...
Mercedes-Benz Faces a 4% Sales Drop in 2024, Yet Finds Silver Lining in North America
Mercedes-Benz Group AG experienced a 4% sales decline in 2024, with a notable 22% drop in battery electric vehicle sales. Despite challenges, North America saw an 8% growth, contra...
