Intel Corp., the largest US chipmaker by revenue, will sell part of its holdings in Mobileye Global Inc., raising about $1.48 billion for its ambitious spending plans.
Restaurant franchising company Fat Brands Inc. is planning to spin off its Twin Peaks sports bar business to unlock value for shareholders and boost its growth.
The US and Saudi Arabia are looking beyond last year’s oil spat to focus on billions of dollars-worth of defense and aviation deals and the prospect of diplomatic relations between the kingdom and Israel.
British shoppers are becoming more aware of “shrinkflation,” as food producers cut packet sizes while charging the same or more than they used to.
The Confederation of British Industry faces a crunch vote over its future on Tuesday amid a war of words with one of the business lobby group’s biggest rivals.
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