Edition:
India

Nivedita Balu

PepsiCo's mini-sized sodas boost quarterly results

10 Jul 2019

PepsiCo Inc's quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as snacks Lay's and Dorito chips. | Video

UPDATE 4-Weed leader Canopy Growth ousts co-CEO Bruce Linton

03 Jul 2019

* Canopy shares reverse course after falling about 5% (Adds analysts' comments, details on Linton's 2018 compensation, graphic)

U.S. retailers' halting outlook reveals scale of tariff fear

13 Jun 2019

The first half of 2019 was expected to be a boon for U.S. retailers, buoyed by solid consumer sentiment at home and expansion in China - the market many of them have targeted for the future.

Nike 'very concerned' about rape accusation against Brazilian soccer star Neymar

07 Jun 2019

Nike Inc is "very concerned" about a rape accusation against Brazilian soccer star Neymar, the world's largest sportswear maker said on Thursday, raising questions about its sponsorship of one of the sport's most famous players.

Beyond Meat sees sales more than doubling in 2019, shares jump 21%

07 Jun 2019

Beyond Meat Inc, a maker of plant-based burgers and sausages, said it expects to more than double its revenue and report breakeven EBITDA this year, sending the its shares up over 21 percent.

Costco looking at alternative sourcing, price hikes as tariffs loom

31 May 2019

Costco Wholesale Corp on Thursday reported quarterly profit and revenue that beat Wall Street estimates and said it would tackle the proposed round of tariffs on Chinese imports by sourcing goods from other countries and possible price increases.

UPDATE 2-Costco looking at alternative sourcing, price hikes as tariffs loom

31 May 2019

May 30 Costco Wholesale Corp on Thursday reported quarterly profit and revenue that beat Wall Street estimates and said it would tackle the proposed round of tariffs on Chinese imports by sourcing goods from other countries and possible price increases.

PVH cuts profit forecast as CEO sees retail softness, shares tank

30 May 2019

PVH Corp cut its annual profit forecast by 10 cents a share on Wednesday as the Calvin Klein and Tommy Hilfiger brands owner grapples with tariffs and slowing retail growth, exacerbated by weak spending from overseas shoppers in the face of a strong U.S. dollar, sending its shares down 12% after hours.

Investors keep food firms on warning over antibiotics

20 May 2019

LONDON An investor group managing some $5 trillion said it was pleased with the steps taken by fast-food companies to cut the use of antibiotics in their products and will continue to monitor firms as its three-year-long engagement comes to an end.

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