PepsiCo (PEP) will buy a 66% stake in Russian food and beverage company Wimm-Bill-Dann Foods for $3.8 billion.
The deal will make Pepsi the largest food and beverage company in Russia, the company said in a statement. It will also boost annual global…
Qantas Airways (QUBSF) took preliminary steps towards legal action against Rolls-Royce over the grounding of the airline’s fleet of Airbus A380s.
Qantas filed a preliminary action in Australian federal court, allowing the company to pursue legal acti…
Starbucks said Wednesday that it plans to grow its worldwide sales by expanding its 220 stores in mainland China to “at least” 1,500 by 2015. The world’s largest coffee chain also is planning to add stores in Brazil, Russia and…
As the market for electronic book readers has grown, Apple’s iPad has been pulling e-reader market share away from Amazon.com’s Kindle, according to a new report from ChangeWave Research. The Kindle’s market share has slipped t…
Johnson & Johnson expanded its recall of Acuvue TruEye contact lenses fivefold back in October, but only announced the news in Japan, where most of the recalled lenses were sold.
Continue reading Big in Japan: …