JOHANNESBURG: PepsiCo has made a US$1.7 billion offer to buy South Africa's Pioneer Food Group the companies said on Friday, boosting the target's shares by nearly 30per cent. The U.S. drinks and snack group said Pioneer Food's product portfolio was complementary and would help PepsiCo to expand ...
NEW DELHI: The International Energy Agency (IEA) is reducing its 2019 oil demand forecast due to a slowing global economy amid a US-China trade spat, its executive director said on Thursday (Jul 18). The IEA is revising its 2019 global oil demand growth forecast to 1.1 million barrels per...
SINGAPORE: First it was Snapchat’s gender-bending feature, and now FaceApp is taking social media by storm, with users having fun transforming their faces into younger or older versions of themselves. FaceApp, which was launched by Russian publisher Wireless Lab in 2017, uses artificial ...
The biggest investor in Aston Martin offered on Friday to buy another 3per cent stake in the luxury carmaker, whose shares have slumped since listing last year.
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 US$2 billion in damages by a jury who found that its glyphosate-based weedkiller caused their cancer.
NEW DELHI: 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, its executive director said on Friday. "Prices are determined by the markets...If we see the market today we see that the demand...
Pork prices have been sent soaring and herds devastated as African swine fever tears through China's massive pig-farming industry, forcing the country to ramp up imports to satisfy demand -- but analysts warn worse is yet to come.
SEOUL: As soon as supermarket manager Cho Min-hyuk got to work the day after Tokyo imposed curbs on exports to South Korea, he pulled all Japanese products off the shelves. It was Cho's way of taking a stand against Japan in a quickly worsening political and economic dispute between...
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 cars and ceded the premium sales crown to Mercedes under his consensus-seeking predecessor.
TUSTIN, Calif.: 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. 1 U.S. automaker faces mounting pressures in a sluggish and uncertain global sales environment. In a glitzy presentation in Orange ...
