AIG’s Peter Zaffino to Retire as CEO
American International Group’s chairman and chief executive, Peter Zaffino, plans to retire as chief executive midyear and will hand the reins to longtime Aon executive Eric Andersen.
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AB InBev Buys Back $3 Billion Stake in U.S. Metal Container Facility to Boost Supply Security
The beer giant agreed to repurchase a minority stake in its U.S.-based metal container plants, taking back its share of the facilities that boost supply security.
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McGraw Hill Names Philip Moyer President, CEO as Simon Allen Retires
McGraw Hill’s top executive, Simon Allen, is retiring next month and will be succeeded by former Vimeo chief Philip Moyer.
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Victoria’s Secret Faces Valentine’s Day Test
After fumbling the holiday of romance last year, the purveyor of lingerie aims to be better prepared this February.
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Jollibee to Spin Off International Business With U.S. Listing by 2027
Jollibee Foods Corp. plans to spin off its international business and list it in the U.S. by late 2027, as the Philippine fast-food group moves to accelerate its growth globally.
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Nvidia Unveils Faster AI Chips Sooner Than Expected
At the Consumer Electronics Show in Las Vegas, CEO Jensen Huang said more powerful chips will enable training of models in simulated environments.
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Nestle Recalls Batches of Infant Formula Potentially Containing Toxins
Nestle recalled specific batches of its SMA baby formula, citing the potential presence of cereulide bacteria.
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KKR, Warburg Pincus Among Suitors for Southeast Asia School Operator
Private-equity firms KKR and Warburg Pincus are among the bidders vying to acquire TPG’s Southeast Asia school business, which could be valued at up to $2 billion, people familiar with the process said.
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Next PLC Lifts Outlook as International Sales Boost Year-End
The bellwether for the U.K. retail sector raised its guidance for the 2026 fiscal year, saying it expected a 11% rise in full-price sales.
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Trump’s Hint to Oil Executives Weeks Before Maduro Ouster: ‘Get Ready’
The U.S. president now wants oil companies to grow Venezuela’s production.
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Steel Dynamics, SGH Bid $8.8 Billion to Acquire BlueScope Steel
Indiana-based Steel Dynamics has intensified efforts to buy the North Star steel mill in Ohio.
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Under Armour has a new fan – in the firm founded by the ‘Warren Buffett of Canada’
Shares of Under Armour Inc. got a boost after hours on Monday after Fairfax Financial Holdings continued to build up a large stake in the athleisure giant, whose stock has struggled over the past year.
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Citgo Is a Crown Jewel of Venezuela’s Oil Industry. Elliott Is Set to Reap the Benefits.
The hedge fund could soon close its proposed takeover of the refiner-and profit from any bump in oil production from the Latin American country.
(END) Dow Jones Newswires
January 06, 2026 09:15 ET (14:15 GMT)
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