Coca-Cola Europacific Partners Sets Sights on Becoming the World’s Largest Bottler
The proposed acquisition of Coca-Cola’s Philippines business marks a significant milestone for CCEP and AEV. The joint venture represents a powerful alliance that unlocks growth opportunities, enhances customer experiences, and solidifies their positions in the global beverage market. As the deal progresses, the industry awaits the unfolding of this transformational move that could redefine the landscape of Coca-Cola bottlers worldwide.
IBM cuts 3,900 jobs, misses annual cash target
IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter.
Stocks rebound but head for worst January since 2016
Stocks staged a modest rebound on Monday as traders put aside concerns about inflation and the crisis in Ukraine to dip back in, but global equities are still headed for their worst January since 2016 after a bruising month for riskier assets.
IBM quarterly revenue beats on cloud strength, shares rise
IBM (IBM.N) reported second-quarter revenue on Monday that beat analysts’ estimates, as a recovery in client spending powered strong growth in its cloud and consulting businesses.
Floodwaters still rising in western Europe with death toll over 110
SCHULD/ERFTSTADT, Germany, July 16 (Reuters) – More than 1,000 people were missing in flood-stricken regions of western Germany and Belgium on Friday, where waters were still rising with the death toll already well over 100 and communications in some areas cut. Entire communities lay in ruins after swollen rivers swept through towns and villages in […]
