PepsiCo offers $1.7 billion to buy South Africa’s Pioneer Foods
PepsiCo has made a $1.7 billion offer to buy South Africa’s Pioneer Food Group the companies said on Friday, boosting the target’s shares by nearly...
BMW picks ‘decisive’ Zipse as CEO to catch up with rivals
BMW named Oliver Zipse as its new chief executive late on Thursday, praising his “decisive” qualities after the carmaker lost its edge in electric cars...
Bayer welcomes judge’s call for new trial in $2 billion glyphosate case
Germany’s Bayer AG on Friday welcomed a conditional ruling by a U.S. judge calling for a retrial of the case of a couple awarded $2...
PepsiCo plans to acquire South Africa’s Pioneer Foods
U.S.-based beverage and snack maker PepsiCo is planning to acquire South Africa’s Pioneer Food Group for around $1.7 billion, the two companies said on Friday,...
Oil rises after U.S. Navy downs Iranian drone; set for weekly fall
Oil prices rose on Friday as tensions brewed again in the Middle East after a U.S. Navy ship destroyed an Iranian drone in the Strait...
IEA does not expect ‘huge increase’ in crude prices: executive director
The International Energy Agency (IEA) doesn’t expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets,...
BMW picks ‘decisive’ new CEO to catch up with rivals
BMW named Oliver Zipse as its new chief executive late on Thursday, praising his “decisive” qualities after the luxury carmaker lost its edge in electric...
IEA says does not expect ‘huge increase’ in crude prices
The International Energy Agency (IEA) doesn’t expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets,...
Exclusive: IEA revising oil demand growth forecast down on slowing economy
The International Energy Agency (IEA) is reducing its 2019 oil demand forecast due to a slowing global economy amid a U.S.-China trade spat, its executive...
GM’s mid-engine Corvettes roar onstage to take on Europeans
General Motors Co unveiled on Thursday its newly designed mid-engine 2020 Corvette in a splashy tribute to its emblematic sports car, even as the No....