Stellantis reported a staggering 2.3 billion euro net loss in the first half of the year, driven by a significant slump in North American sales and the impact of new US tariffs. The company is restructuring to combat these challenges.
Ferrero Group has announced its acquisition of WK Kellogg for $3.1 billion, aiming to boost its North American presence. This strategic move includes all of Kellogg's manufacturing plants and beloved cereal brands.
