In one of Europe’s largest mergers in the last two years, Keurig Dr Pepper is buying JDE Peet's, a Dutch maker of coffee, teas, and soft drinks for $18.4 billion in cash.
Category: 26 August 2025
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SPOTLIGHT: DIGITAL CURRENCY MOVES INTO THE MAINSTREAM
China is promoting the use of its digital currency more aggressively as part of its push to assert itself as an economic rival to the U.S. and its currency as alternative to the U.S. dollar.
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CHINESE CHIPMAKERS’ STOCK PRICES JUMP
Beijing’s pressure on domestic tech companies to stop buying computer chips from foreign makers is boosting share prices for Chinese companies making chips of all kinds.
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INSULTED, BEIJING MOVES AGAINST PURCHASE OF NVIDIA AI CHIPS
China’s government is increasing pressure on domestic artificial intelligence (AI) companies to not buy AI chips from Nvidia, the U.S. company that produces most of the world’s state-of-the-art AI processors.
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GERMAN BUSINESSES ARE THEIR MOST OPTIMISTIC IN MORE THAN A YEAR
Morale among German businesses rose this month to its highest since May 2024, according to the private Ifo Institute’s business climate index.
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U.K. INFLATION REACHES 18-MONTH HIGH IN JULY
Britain’s headline inflation accelerated to 3.8 percent in July, with inflation in services jumping 5 percent, giving the U.K. the highest inflation rate among the world’s richest countries.
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MORE CONSUMERS EAT IN, BOOSTING BUSINESS FOR SUPERMARKETS
Consumers in the U.S. and Europe are increasingly strapped for cash and are cutting back their visits to restaurants, which is likely to improve supermarkets’ bottom lines, Reuters said.
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PRIVATE EQUITY FIRMS BATTLE FOR INVESTORS’ MONEY
Facing a drought of new investment, private equity (PE) firms are offering discounted management fees and “early bird” discounts for investors who jump in now, the Financial Times reported.
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CANADA LIFTS MOST RETALIATORY TARIFFS AGAINST THE U.S.
On 22 August, Canada lifted about half of the retaliatory tariffs it had imposed on U.S. imports after Donald Trump laid a 25-percent levy on Canadian steel and aluminum.
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EUROZONE ECONOMY STRENGTHENED IN JULY
The Eurozone’s economy gained strength for the eighth consecutive month in July, according to the Hamburg Commercial Bank’s purchasing managers index (PMI).