24 July 2017
Updated 04:30
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25/04/2017 14:21

Coca-Cola to cut 1,200 jobs as earnings fall

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AFP

Coca-Cola plans to cut 1,200 jobs as it deepens its cost-cutting initiatives in response to sluggish soda sales, the company said Tuesday.

19/04/2017 05:39

China's Bright Food 'sells Weetabix to US's Post for $1.8 bn'

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AFP

China's second-largest food company Bright Food Group has agreed to sell British-based breakfast cereal maker Weetabix to US company Post Holdings in a deal worth 1.4 billion pounds ($1.8 billion), Bloomberg News said Tuesday.

12/03/2017 07:45

Antibiotic-free meat gets a foothold in US

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AFP

Facing pressure from environmentalists and shareholder activists, major US food companies and restaurant chains are moving to limit antibiotics in farm animals raised for meat.

09/01/2017 07:20

McDonald's sells China operations for $2.08 bn

foto della notizia

AFP

US fast-food giant McDonald’s will sell a controlling stake in its China and Hong Kong business for up to $2.08 billion to a consortium including state-owned Citic and the Carlyle Group, it was announced Monday.

09/12/2016 13:53

Coca-Cola chief Muhtar Kent to step down

foto della notizia

AFP

Coca-Cola announced Friday that chief executive Muhtar Kent will step down next year as the beverage giant confronts a tougher demand environment for soda.

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