PepsiCo, Inc. announced that it has entered into a definitive agreement to acquire Hangzhou Haomusi Food Co., Ltd., one of the largest online snacks companies in China, from Haoxiangni Health Food Co., Ltd. for US $705 million. PepsiCo has been operating in China for nearly 40 years and this transaction marks an important step in
Amazon.com founder and CEO Jeff Bezos. Getty Images The Trump administration is cracking down on the sale of counterfeits online from platforms like Amazon, according to a new report released Friday by the Department of Homeland Security. Law enforcement officials will immediately start to identify cases where counterfeit goods are being sold online, according to
New Delhi, Ashwani Mahajan, the face of RSS’s economic wing Swadeshi Jagran Manch (SJM), on Thursday lashed out at Niti Aayog CEO Amitabh Kant, accusing him of being sympathetic towards e-commerce giant Amazon and its owner and global CEO Jeff Bezos, who is on a three-day visit to India. After Kant tweeted an article, claiming,
Get great content like this right in your inbox. Subscribe Brian Cornell Brian Cornell of Target beat out CEOs from Chipotle and Advanced Micro Devices for a top honor from CNN Business. In naming Cornell CEO of the Year, the cable news giant cited Target’s quarterly performance consistently outperforming Wall Street expectations during 2019 so
Chinese KFC customers can now fill their bellies and their gas tanks in one trip. Yum China Holdings Inc., which holds exclusive rights in mainland China to KFC, has opened its first franchised KFC gas station restaurants. The new stores were opened in collaboration with China Petrochemical Corporation (Sinopec) and China National Petroleum Corporation (CNPC).
It’s the knockabout stage of the general election campaign, so there’s no real harm in the leader of the Labour party summoning a few business villains for the crowd to boo. But let’s hope the manifesto will offer a more nuanced analysis of business in the UK. If business, in all its variety, ends up