Business

Hungry for growth, food makers seek new flavor of CEO

LONDON/CHICAGO (Reuters) – PepsiCo Inc’s (PEP.O) incoming chief executive Ramon Laguarta is the latest of a new generation of leaders tasked with reigniting growth at the world’s best-known food and drink brands as they fight back against media-savvy independent rivals. FILE PHOTO: Nestle Chief Executive Mark Schneider reacts during the opening of…

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Thomson Reuters second quarter revenue up 2 percent

TORONTO (Reuters) – Thomson Reuters Corp on Wednesday reported a 2 percent rise in quarterly revenue and said it was on track for a “solid” full-year performance. FILE PHOTO: The Thomson Reuters logo is seen on the company building in Times Square, New York October 29, 2013. REUTERS/Carlo Allegri/File Photo The news…

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China bounce pushes world shares toward six-month high

LONDON (Reuters) – World shares edged toward a six-month high on Tuesday, as the biggest jump in Chinese stocks for over two years and an upbeat start for Europe followed Wall Street’s best close since January. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan,…

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Indonesia lobbies U.S. to maintain special tariff treatment

JAKARTA (Reuters) – Indonesia lobbied visiting U.S. Secretary of State Mike Pompeo to keep the Southeast Asian nation on a list of countries that receive preferential trade terms, its foreign and trade ministers said on Sunday. (L-R) Indonesia’s Foreign Minister Retno Marsudi stands beside Indonesia’s President Joko Widodo as he talks to…

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