CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Canada’s local food system faces major roadblocks without urgent policy changes 
The American mass exodus to Canada amid Trump 2.0 has yet to materialize 
Thailand Inflation Remains Negative for 10th Straight Month in January 
6 simple questions to tell if a ‘finfluencer’ is more flash than cash 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Youth are charting new freshwater futures by learning from the water on the water 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Ferrero will acquire US ice cream manufacturer, Wells Enterprises, to support its growth strategy in the ice cream category.
The acquisition, which is expected to accelerate Wells's growth, encompasses operations and brands, which include Blue Bunny, Blue Ribbon Classics, Bomb Pop, and Halo Top.
Wells will “remain a standalone business” with its offices in Le Mars, Iowa, under Ferrero’s ownership. The company will also maintain production operations in Le Mars, as well as in Henderson, Nevada, and Dunkirk, New York.
Following the acquisition, Wells CEO Mike Wells will serve as an “adviser to support the transition,” and current president Liam Killeen will be appointed as CEO.
Ferrero executive chairman, Giovanni Ferrero, described the transaction as one that brings together ice cream experts and confectionery champions.
The transaction is expected to close in early 2023.
