By Hilary Russ NEW YORK (Reuters) – Major global brands, including McDonald’s Corp, PepsiCo Inc and the Estee Lauder Cos Inc, should consider pausing their operations in Russia, New York state’s pension fund chief wrote in letters to several companies on Friday.
Major global brands, including McDonald''s Corp , PepsiCo Inc and the Estee Lauder Cos Inc , should consider pausing their operations in Russia, New York state''s pension fund chief wrote in letters to several companies on Friday.
Pepsico issued a recall for over 250,000 cases of Starbucks Doubleshot Espresso drinks - here’s what you need to know.
PURCHASE, N.Y., March 4, 2022 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced that it will issue its first quarter 2022 (ending March 19) financial results and other related information on Tuesday, April 26, 2022 by posting the following materials and links on the company''s…
2/2 © Reuters. The logo for McDonald’s restaurant is seen as McDonald’s Corp. reports fourth quarter earnings, in Arlington, Virginia, U.S., January 27, 2022. REUTERS/Joshua Roberts 2/2 By Hilary Russ NEW YORK (Reuters) – The chief of New York state’s pension fund said on Thursday that McDonald’s Corp (NYSE:), PepsiCo (NASDAQ:) and other companies with …
https://www.investing.com/news/stock-market-news/ny-pension-chief-says-mcdonalds-pepsico-should-consider-russia-risk-2777699

Brewers hustle for market share with flavour trend

01:55pm, Tuesday, 01'st Mar 2022 BusinessDay
In the battle for market share, increase in volumes and sales, alcoholic beverage manufacturers have expanded their taste segment by pushing out more flavours to entice Nigerian consumers around the country. BusinessDay survey of some retail stores across Lagos State shows that within a period of more than one year, innovation has centred on flavours, as Nigerian Breweries introduced flavoured drinks such as Star Radler’s “Red Fruit” and Citrus flavour, while Guinness Nigeria introduced Tigernut and Ginger flavour. Consumer experts have said the recent move is positive for the brewers as it will help boost volumes and sales by introducing more. “In the course of exploring new flavours, you are able to create a new one that the market likes, thereby making consumers demand more which is good for their volumes,” Ayorinde Akinloye, a consumer analyst at United Capital Plc said. Uchenna Uzo, a consumer expert and faculty director at the Lagos Business School noted that the traditional consumer segment is changing. “Alcoholic beverages were traditionally seen as something for a masculine brand and older type of demographic.
Since November 2019, Chris Kempczinski has served as the CEO of McDonald’s Corp (NYSE: MCD ). Here is a look at his net worth, job history and what he sees as the competitive advantages for the fast-food giant going forward. Chris Kempczinski Net Worth: Kempczinski has worked with McDonald’s since 2015, serving as the president of the U.S. business prior to becoming the CEO. Kempczinski also has held roles with companies like Kraft Heinz Co (NASDAQ: KHC ), Procter & Gamble Co (NYSE: PG ), PepsiCo, Inc. (NASDAQ: PEP ) and Mondelez International Inc (NASDAQ: MDLZ ). “I love being in consumer industries, having a tangible product that I can touch and feel,” Kempczinski said in an interview with David Rubenstein on his eponymous show on Bloomberg. Kempczinski is paid $5.22 million annually as … Full story available on Benzinga.com
DEWITT, N.Y. , Feb. 25, 2022 /PRNewswire-PRWeb/ -- Index Investment Group and OX Group have signed a 10-year, 75,000 SF (approx. 6,967 M2) warehouse space with Clinton''s Ditch Co-operative Company, INC. at their New Venture Gear Industrial Campus in Dewitt, NY with multiple renewal options. Clinton''s Ditch is a co-op founded in 1967 as a Pepsi bottling company rooted in Cicero, NY , and this new location will serve to support their logistical operations. They join PepsiCo on site alongside the new Rolling Frito-Lay Facility being built by the same property ownership. New Venture Gear Industrial Campus is a 109+ acre large-scale industrial, manufacturing, distribution and logistics facility that features over 1,703,000 SF (approx. 158,000 m2), CSX Intermodal Rail access, 80+ loading docks, on-site wastewater treatment plant, electrical substation with dual transmission lines at below market costs, and immediate frontage … Full story available on Benzinga.com

These Are The Companies Most Exposed To Russia And Ukraine

08:20pm, Thursday, 24'th Feb 2022 Zero Hedge
These Are The Companies Most Exposed To Russia And Ukraine Now that military action in Ukraine is reality, a development which has caught much of the market by surprise, investors are digging through the data to uncover which companies are most exposed to the deadly escalation in Ukraine. The good news is that for the most part, corporate exposure to Russia/Ukraine is limited and focused in a handful of sectors (mostly commodities and energy). Despite the relatively low exposure however, energy costs are at the heart of the Fed''s anti-inflation crusade, and as JPMorgan writes, the Russia/Ukraine crisis could force a reassessment of the Fed tightening path resulting in central banks turning less hawkish, while policymakers may consider additional fiscal stimulus (e.g. US gas tax reduction). That said, Russia is a major producers of PGMs, nickel, aluminium and diamonds In 2021, Russia accounted for: ~35% of global palladium mine supply, ~10% of platinum, ~6% of primary aluminium, 7% of nickel, 4% of copper and ~30% of rough diamonds.

PepsiCo’s Nitro Pepsi – Product Launch

02:54pm, Thursday, 24'th Feb 2022 Just Drinks
"We believe Nitro Pepsi is a huge leap forward" The post PepsiCo’s Nitro Pepsi – Product Launch appeared first on Just Drinks .

Demand Sparks Registrations for INTA''s 2022 Annual Meeting

05:00am, Thursday, 24'th Feb 2022 Benzinga
NEW YORK , Feb. 24, 2022 /PRNewswire-PRWeb/ -- Pent-Up Demand Sparks Registrations for International Trademark Association''s 2022 Annual Meeting As the International Trademark Association (INTA) prepares to hold its first full-scale in-person event in nearly three years, more than 2,500 brand owners and intellectual property professionals from more than 100 countries have already registered for the 2022 Annual Meeting Live+ . The Annual Meeting continues a 144-year-old tradition and is renowned as the world''s largest gathering of industry professionals. The 2022 Meeting will take place from April 30 through May 4 , both in person in at the Walter E. Washington Convention Center in Washington, D.C. , and virtually. INTA has put in place health and safety best practices for the onsite event, providing comfort to registrants to attend sessions and conduct in-person meetings and business at the Convention Center. Registrants run the gamut, including representatives of brands, law firms, government, service providers, and academia worldwide, and first timers to experienced practitioners who have attended the Annual Meeting for years or even decades.
Grup Serban Holding (BSE ticker: GSH), a Romanian group of companies active in several areas in agriculture, has signed a new significant contract with PepsiCo under which it will deliver potatoes for Lay''s chips produced in Romania.

Thums Up ropes in Shahrukh Khan as new brand ambassador

07:31am, Wednesday, 23'rd Feb 2022 Livemint
Khan joins celebrities such as Akshay Kumar and Salman Khan who have endorsed the brand in the past. In 2020, Salman Khan was roped in by rival PepsiCo to endorse its Pepsi brand
A former PepsiCo worker who said it was soul destroying to be forced into retirement at 65 has been awarded 40,000.
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