Business and Finance

Sapporo to sell real estate business for $3 billion to KKR and PAG

Cans of the Sapporo Black Label branded beer sit stacked at the Sapporo Breweries Ltd. factory in Eniwa, Hokkaido, Japan. Tomohiro Ohsumi | Bloomberg | Getty Images Japan’s Sapporo Holdings will sell its real estate business to global private equity firm KKR and Asia-based alternative investment firm PAG, the companies said in joint statement on Wednesday.

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Nikkei 225, Hang Seng Index, CSI 300

SHANGHAI, CHINA – The German Christmas Market is lit up at the Bund Central Square near Nanjing Road Pedestrian street in Shanghai, December 15, 2022. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing | Getty Images Asia-Pacific markets closed mostly lower Wednesday, breaking ranks with Wall Street that saw

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Free streaming service Tubi is rivaling major players for viewership

Pavlo Gonchar | Lightrocket | Getty Images Tubi hit profitability this year doing what other streaming services are trying to: attract younger audiences who are willing to sit through ads. The Fox Corp.-owned free streaming platform has long been among a sort of second tier of streaming services alongside lower-budget and less popular offerings like

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BP to sell 65% stake in $10 billion Castrol Lubricants to Stonepeak

Britain’s BP has agreed to sell a 65% shareholding in lubricants business Castrol to Stonepeak for $6 billion, months on from the oil giant seeking a buyer for the unit. The deal comes as the company looks to launch a strategic reset, including a green strategy U-turn and the divestment of $20 billion of assets

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U.S. bans visas for ex-EU commissioner over alleged censorship

European leaders on Wednesday condemned a move by the U.S. to ban visas for five individuals — including a former EU commissioner — for alleged censorship. The Trump administration imposed visa bans on Thierry Breton, a former European Union commissioner behind the Digital Services Act (DSA), and four anti-disinformation campaigners, accusing them of censoring U.S.

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10-year Treasury yields dip as stronger GDP data clouds rate path

U.S. Treasury yields edged slightly lower on Wednesday as investors positioned for a shortened trading day ahead of the holidays. The 10-year Treasury yield — the benchmark for U.S. government borrowing — was 1 basis point lower at 4.159% by 4:15 a.m. E.T. Yields on the 2-year Treasury note were largely unchanged, at 3.528%. The 30-year bond yield, meanwhile,

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Chipotle launches high-protein snacks, including meat in a cup

Chipotle will debut a High Protein Menu on Tuesday, December 23, with items ranging from 15 to 81 grams of protein per item. Source: Chipotle Mexican Grill Chipotle Mexican Grill is entering the snack business. The fast-casual giant announced Thursday it will roll out its first-ever “High Protein Menu” later this month, featuring grab-and-go protein

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Darden Restaurants (DRI) Q2 2026 earnings

An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported strong sales growth, fueled by demand at Olive Garden and LongHorn Steakhouse as thrifty diners look for good deals. For the second straight quarter, the company hiked its full-year

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