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Elliott Investment Management called for cost reduction and selling off weaker brands at PepsiCo (PEP.O), but its most ambitious proposal, breaking up the bottling network, was met with caution among investors. Elliott

The US Federal Reserve (Fed) is concluding one of its most politically charged meetings in years on Wednesday. The general market expectation is a quarter-point interest rate cut. However, some members argue

India’s beloved singer and composer, Zubeen Garg, was laid to rest in Guwahati, Assam, with a state funeral and a 21-gun salute. The 52-year-old artist died by drowning on September 19 while

Nestlé chairman Paul Bulcke’s early departure is seen by investors as an opportunity for the company to accelerate growth and focus on underperforming units. Bulcke will hand over his position to former

Swedish car manufacturer Volvo Cars announced that it will begin producing a new hybrid model in the US before the end of the next decade to comply with US President Donald Trump’s

US Agriculture Secretary Brooke Rollins told the Financial Times that the Trump administration plans to use tariff revenues to support US farmers. Rollins stated, “It’s possible we’ll announce a serious support package

OpenAI is expanding its half-trillion-dollar “Stargate” data center project to keep up with the demand for artificial intelligence. Initially designed as just an infrastructure company, the project now has a much broader

Indian state-owned company Oil India announced that its $20 billion Mozambique LNG project will restart by the end of this year. Company Chairman Ranjit Rath said that with improved safety conditions, the

BBC has announced the release date for the documentary Coming Home, which chronicles the final years of rock legend Ozzy Osbourne. Originally scheduled to be released on August 18th, the documentary was

The union representing metalworkers at Brazilian aircraft manufacturer Embraer has announced an indefinite strike. Workers at the headquarters and main production line in Sao Jose dos Campos claim the company has refused