Elliott said the position makes it one of PepsiCo’s largest shareholders. The company sent a letter to its board of directors on Tuesday. PepsiCo said it would consider Elliott’s proposals in the context of its growth strategy, which it said…
Nepal will make 97 Himalayan mountains free to climb over the next two years to boost tourism in some remote areas. This is reported by the BBC. The peaks for which the fee will be waived are located in the…
The spin-off, which is scheduled to be completed in the second half of 2026, is the latest in a series of restructurings among major global consumer brands that once embraced the conglomerate model but are now rethinking their business structures…
The investment comes as Shields transitions to private ownership following the $10 billion acquisition of its former parent Walgreens Boots Alliance by Sycamore Partners. Specialty pharmacies sell medications that require special storage, handling, and distribution conditions, often used by patients…
The secondary sale values each share at $1,381.06, according to an internal memo to staff seen by Bloomberg. The document also notes that the company has already received demand for the shares from both new and existing investors. Employees of…
McLaren Group Limited’s owners — Bahrain’s sovereign wealth fund Mumtalakat and Abu Dhabi-based CYVN Holdings — will take full control of the racing team, the sources said, speaking on condition of anonymity to discuss the deal. They will buy out…
© Getty Images The US plans to build “smart cities” in Gaza based on artificial intelligence and a manufacturing center named after Elon Musk. Donald Trump is proposing a post-war reconstruction plan for Gaza that aims to realize his vision…
From September 1, CCC employees are required to wear body cameras. Photo: Suspilne Chernihiv On September 1, a decree of the Ministry of Defense came into force on the mandatory wearing of chest cameras by military personnel of the CCC…
© depositphotos/leolintang Is this a conflict of interest? The Trump family on Monday increased the value of its assets by up to $5 billion after their main cryptocurrency venture launched a new digital currency, The Wall Street Journal reported. The…
© EPA-EFE/ANNABELLE GORDON The US president is increasingly disappointed in Putin, Zelensky, and European allies. President Donald Trump appears to have run out of ideas for advancing his peace process in Ukraine: his final two-week term passed without the meeting…