Activist investor Elliott Management says PepsiCo’s (NASDAQ: PEP) North American beverage unit has underperformed Coca-Cola for years due to its vertically integrated bottling operations.PepsiCo acquired its bottling business after the great financial crisis, a move that made its beverage supply chain more operationally intensive and less margin-efficient.According to the activist…
US markets fell hard on Friday after President Donald Trump threatened to impose a “massive increase of tariffs on Chinese products,” reigniting investor concerns about a renewed US-China trade conflict. The comments triggered a broad market selloff, erasing early gains and sending major stock indexes sharply lower.Stocks reverse gains as…
The number of oil and natural gas rigs, operating in the US fell this week for the first time in six previous weeks, energy services firm Baker Huges said in a Friday report. The total number of operational rigs fell by two, settling at 547 in the week to October 10,…
SovEcon, a leading agricultural analytics agency, has scaled up its projection for Russia’s 2025 wheat harvest. The revised forecast now stands at 87.8 million metric tons (MMT), a notable rise from its previous estimate of 87.2 MMT. This upward adjustment is primarily attributed to unprecedented and record-breaking yields observed across the…
US stock markets fell sharply on Friday after President Donald Trump threatened a “massive increase of tariffs on Chinese products,” accusing China of “becoming very hostile” with its restrictions on rare earth metals. The metals are critical for both the tech and defense industries, and the remarks immediately triggered a…
Locksley Resources, Ltd. (ASX: LKY,OTC:LKYRF; OTCQX: LKYRYF) announced that recent structural mapping has significantly expanded the scale of its target mineralized corridor at the Desert Antimony Mine (DAM) Prospect. A new parallel structural target was also identified in this mapping, enhancing the potential for a larger mineralized system across multiple…
US President Donald Trump announced on Friday sweeping new tariffs on China, declaring an additional 100% tariff on all Chinese goods and tighter controls on exports of critical US software, effective November 1, 2025.Trump says the move is a direct response to what he called China’s “extraordinarily aggressive” trade tactics,…
Here’s a quick recap of the crypto landscape for Friday (October 10) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ether price update Bitcoin (BTC) was priced at US$121,578, down by 1.6 percent…
China has sharply expanded its export controls on rare earth elements and related technologies, tightening its grip on a strategically vital sector just weeks before a possible meeting between US President Donald Trump and Chinese President Xi Jinping in South Korea. The Ministry of Commerce announced Thursday (October 9) that…
Robin Brundle joins Prime Minister on first major trade mission to India Mr Brundle joins 125-strong delegation of leading business representatives, academic and cultural leaders, and government ministers on UK’s largest ever trade mission to India Technology Minerals Plc (LSE: TM1), the first UK listed company focused on creating a…