Carrefour resumes stocking PepsiCo and Cheetos after pricing dispute ends. Negotiations ongoing for returns in multiple countries, per the Wall Street Journal.
Mastercard will increase network assessment fee to 0.14% from 0.13% on April 15, potentially adding $259.1 million in fees. Merchants criticize burden on them and plan to pursue trials against Mastercard and Visa.
South Korea's SK Hynix invests $3.9B in Indiana chip-packaging facility for high-bandwidth memory, boosting U.S. semiconductor industry and creating 1000+ jobs.
The renowned French beauty conglomerate L'Oreal SA (OTC: LRLCY) (OTC: LRLCF) is reportedly mulling over an investment opportunity in Omani luxury fragrance brand Amouage.
EU antitrust chief Margrethe Vestager notes Microsoft's acquisition of Inflection AI staff, including co-founders, as a trend that could potentially trigger antitrust actions if it undermines competition.
Ulta Beauty executives reportedly cautioned about a deceleration in demand across categories in the first quarter. The news also dragged down peers E.L.F. Beauty, Coty and Estee Lauder.
Tesla introduces 0% interest loan program in China to boost sales after decline in market share. Competitors match price cuts, but Tesla remains top EV manufacturer. Concerns over demand in Europe and supply chain issues in the US.