Saturday, 16 October 2021

Tag Archives: Coca-Cola

Ronaldo had nothing to do with Coca Cola’s $4bn drop in share price

Photographer: Ramin Talaie/Bloomberg via Getty Images NEW YORK – During a pre-match conference, prior to Portugal’s Euro 2020 football championship opener, the team’s forward Christiano Ronaldo set aside two Coca-Cola bottles that lay on his table, while cheekily gesturing to the reporters to drink water.  Aware of the athletic megastar’s ...

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Coca-Cola free to sell energy drink under Monster contract

LONDON: Coca-Cola Co said on Monday an arbitration tribunal informed the beverage maker that it could sell its energy drink under the terms of the contract with Monster Beverage Corp. The soda maker was in arbitration with Monster Beverage over the launch of Coca-Cola Energy, as it would put the ...

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New flavors lift Coca-Cola results; shares rise

LONDON: Strong demand for Coca-Cola Co’s zero-calorie drink Coke Zero, new orange-vanilla cola and flavored waters pushed the beverage maker’s quarterly sales and profit well above Wall Street estimates, sending its shares up 2.2 percent. The world’s biggest beverage makers, Coca-Cola and PepsiCo Inc, are responding to shifting consumer tastes ...

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Ex-Coca-Cola Engineer Charged With Stealing Secrets

WASHINGTON: A former senior engineer at Coca-Cola was indicted Thursday in Tennessee for stealing trade secrets worth an estimated $120 million to give to a Chinese company, the Justice Department announced. US national You Xiaorong allegedly stole technology for valuable BPA-free packaging jointly owned by several companies, including a former ...

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ASDA to limit purchases of fizzy drinks

LONDON: Supermarket giant Asda has rationed sales of fizzy drinks, after panic-stricken shoppers started bulk buying over fears of a CO2 shortage hitting supplies. Online sales of certain soft-drinks like Pepsi, Fanta and 7Up have been restricted on the shop’s site. Crumpets, Coca cola, meat and beer have already been ...

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Can and bottle deposit return scheme backed by Coca-Cola

Drinks giant Coca-Cola has given its backing to a campaign to introduce a deposit return scheme for cans and bottles in Scotland. A spokesman for the soft drink firm said the “time is right” to try new measures “such as a well-designed deposit scheme for drinks containers, starting in Scotland ...

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