Industry
The latest news and insights from TheWkly's Industry section.
Slumping Dos Equis gets back with its ex
He makes index funds feel sexy. He looks cool wearing a VR headset. Chatbots ask him for advice. He’s “The Most Interesting Man in the World,” and...
Rio Tinto's bid for Glencore piles pressure on BHP
Rio Tinto made an approach to buy Glencore, a move that could reshape the global mining sector and put pressure on rival BHP to respond. The...
Detroit auto show spotlights hybrids and gas-powered models as EV momentum slows
At the 2026 Detroit Auto Show, automakers showcased a renewed focus on hybrid and gas-powered vehicles as demand growth for fully electric...
Warner Bros rejects Paramount takeover again and tells shareholders to stick with Netflix bid
Warner Bros. Discovery’s board has once again spurned a hostile takeover bid from Paramount Global, urging its shareholders to instead back a...
China Targets ‘Zero-Mileage’ Used-Car Loophole as Auto Sales Slump
Beijing, China: Regulators summoned major automakers and dealers to address the “zero-mileage” used-car trend—cars registered as used but never...
Trump Backs Nippon Steel’s $14.9 B Bid for U.S. Steel, Raising Questions
Washington, D.C.: President Trump unexpectedly endorsed Nippon Steel’s $14.9 billion purchase of U.S. Steel, reversing earlier opposition to...
WiseTech Global Acquires E2open in $2.1 Billion Landmark Logistics Deal
Sydney, Australia: Logistics software giant WiseTech Global is buying E2open for $2.1 billion, in its biggest-ever acquisition. The move adds...
Fast-Fashion Giant Shein Accused of Breaching EU Sales Laws
Brussels, Belgium: Global fast-fashion retailer Shein faces new allegations of violating EU sales regulations, according to Marketplace.org....
May New-Vehicle Sales Expected to Cool After Tariff-Fueled Surge; SAAR Forecast at 16M
Detroit, USA: Cox Automotive projects a May 2025 SAAR of 16.0 million units, down from 17.8 million in March. Analysts note the earlier surge came...
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