Japan Regional Bank Stocks Drop After Zentoshin Bankruptcy Sparks Credit Risk Concerns 
SK Hynix’s $28B U.S. IPO Draws Strong Demand as AI Chip Boom Fuels Investor Interest 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
Why a ‘rip-off’ degree might be worth the money after all – research study 
Wall Street Rises as SK Hynix’s Record Nasdaq Debut Steals Spotlight Ahead of U.S. CPI Data 
Japan Producer Inflation Hits 7.1% in June, Fueling BOJ Rate Hike Expectations 
AI is driving down the price of knowledge – universities have to rethink what they offer 
Netflix, Disney, YouTube Eye FIFA World Cup TV Rights in Multi-Billion Dollar Battle 
Google promotes ‘teacher approved’ apps for kids. Here’s what parents should know 
Oil Prices Rise as U.S.-Iran Conflict Fuels Strait of Hormuz Supply Fears 
Fast Retailing Raises Full-Year Forecast After Uniqlo Owner Beats Q3 Profit Estimates 
Gold Prices Slip as U.S.-Iran Conflict, Fed Rate Hike Bets Pressure Precious Metals 
Levi Strauss Raises 2026 Outlook After Q2 Earnings Beat, Shares Drop Despite Strong Results 
Disaster or digital spectacle? The dangers of using floods to create social media content 
Bernstein Raises 2026 Nickel Price Forecast as Indonesia Tightens Supply 
Trump, Canada Reach Gordie Howe Bridge Deal Ahead of July 27 Opening 
Venezuela Earthquake Death Toll Climbs to 3,811 as Government Seeks Sanctions Relief 
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.
