updated - August 11, 2020 Tuesday EDT
A week after buying a $200 million stake in digital media producer Vox Media, NBCUniversal has again invested $200 million in Buzzfeed, another online media company, as the entertainment conglomerate expands online.
Fastfood chain operator Yum Brands Inc. has named a new chief executive for its China operations, where it receives half its sales despite challenges from food-safety issues and changing consumer preference.
Cargill Inc. will acquire Norwegian salmon-feed supplier EWOS AS for $1.5 billion from private-equity firms Altor Equity Partners AB and Bain Capital Partners LLC as the world's largest grain trader expands its aquaculture business.
France's Airbus has signed a deal to sell 250 narrow-body aircraft worth $26.5 billion to IndiGo, India's largest airline which seeks to further cement its leadership in the country's booming aviation industry.
Macy's Inc did not meet sales expectations as the stronger dollar dampened foreign tourist spending in its stores while strikes in the West Coast ports and the removal of a sales event further affected performance, reports said.