Author: ovieoftoronto

PepsiCo reported better-than-expected second-quarter profit despite continued weakening customer demand for snacks and beverages.PepsiCo said demand for Frito-Lay snacks in North America was “subdued” during the quarter.Chairman and CEO Ramon Laguarta said the company plans to ramp up trading and advertising later this year.Net profit for the April-June period rose 12% to $3 billion (£2.3 billion), or an adjusted $2.28 (£1.77) per share.Wall Street had expected profits of $2.16 (£1.68) per share.Revenue rose less than 1% to $22.5bn (£17.4bn).Global sales volume fell 3% in the second quarter, marking the company’s eighth consecutive quarter of declining volume.PepsiCo has said some of…

Washington NATO leaders sought to strengthen ties with Asian partners on Thursday after accusing China of being a “decisive supporter” of Russia’s war, before meeting Ukrainian President Volodymyr Zelensky at the end of their summit in Washington. The 32-nation alliance used a glitzy ceremony in the U.S. capital to demonstrate its resolve against Moscow and its support for Kiev. The three-day rally is being overshadowed by political uncertainty in the United States, with US President Joe Biden holding a press conference on Thursday to gauge his own political survival. After spending much of the summit supporting Ukraine, NATO shifted its…

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Britain’s economic output grew more than expected in May, official data showed on Thursday, providing an early boost to the country’s newly elected Labour government. UK economy returns to growth, boosting new government The UK’s Office for National Statistics said in a statement that gross domestic product (GDP) growth rose to 0.4% in May, up from flat in April. Analysts had predicted economic growth of 0.2% in May. “Growing our economy is our mission and every minute counts,” Britain’s new finance minister, Rachel Reeves, said in response to Thursday’s figures. “We’ve entered a decade of national renewal but we’re only…

Taiwan’s defence ministry said on Thursday it had spotted 66 Chinese military aircraft around the island in a 24-hour period, the most so far this year, after a day earlier Beijing said it was conducting drills in nearby waters. Taiwan’s defence ministry said on Thursday it had spotted 66 Chinese military aircraft around the island in a 24-hour period, the most so far this year. A day earlier, Beijing said it was conducting drills in nearby waters. (AFP / Representative photo) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} China, which maintains a near-daily military presence around Taiwan, claims the island as part of…

StatesAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirgin IslandsWashington, DCWest VirginiaWisconsinWyomingPuerto RicoU.S. Virgin IslandsU.S. ArmyPacific CommandEuropean ArmyNorthern Mariana IslandsMarshall IslandsAmerican SamoaFederated States of MicronesiaGuamPalauAlberta, British Columbia, CanadaManitoba, CanadaNew Brunswick, CanadaNewfoundland, CanadaNova Scotia, CanadaNorthwest Territories, CanadaNunavut, CanadaOntario, CanadaPrince Edward Island, CanadaQuebec, CanadaSaskatchewan, CanadaYukon, Canada post code Country United States of America U.S. Virgin Islands U.S. Minor Outlying Islands Canada Mexico United Mexican States Bahamas Commonwealth Republic of Cuba Dominican Republic Republic of Haiti Jamaica Afghanistan People’s Socialist Republic of Albania People’s Democratic Republic of Algeria American Samoa Principality of Andorra Republic of Angola Republic of Anguilla Antarctica (areas south…

Latest News Live Updates, July 11, 2024: JJ Colony in Bawana flooded Residential areas in JJ Colony, Bawana, are severely flooded after the Munak Canal barrage in north Delhi burst last night, ANI reported. Delhi Minister Saurabh Bharadwaj said he had asked the Chief Engineer of the Flood Control Department to inspect the area and see if the department could assist the JAL Board in any way. July 11, 2024 11:46 (IST) Today’s Global Market Update: Focus on US CPI Inflation Data International Investment Update: US CPI inflation data for June is due out today.Global market investors are closely watching…

News India Latest News Highlights: Defence Minister Rajnath Singh Admitted to AIIMS Today’s latest news live: Defence Minister hospitalised with severe back pain, officials say he is in stable condition Today’s live news updates: Defence Minister Rajnath Singh has been admitted to the IIT Medical School in New Delhi. Officials said his condition is currently stable. An IIT Medical School official told The Indian Express that Rajnath Singh had been admitted to the neurosurgery department after complaining of severe back pain. Prime Minister Narendra Modi is meeting prominent economists in New Delhi ahead of the Central government’s presentation of the…

David Stanway European carbon removal experts back new Indian project {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} SINGAPORE – A team of European carbon removal experts on Tuesday launched an effort to help Indian companies develop projects that can absorb carbon dioxide from the atmosphere to mitigate global warming. Explore Crickit, your go-to platform to watch matches anytime, anywhere, click here. One Amsterdam-based group called Remove has helped companies raise more than 220 million euros to back carbon removal projects across Europe, and is now accepting applications from Indian startups. If your application is successful, you will gain access to remove’s network of…

StatesAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirgin IslandsWashington, DCWest VirginiaWisconsinWyomingPuerto RicoU.S. Virgin IslandsU.S. ArmyPacific CommandEuropean ArmyNorthern Mariana IslandsMarshall IslandsAmerican SamoaFederated States of MicronesiaGuamPalauAlberta, British Columbia, CanadaManitoba, CanadaNew Brunswick, CanadaNewfoundland, CanadaNova Scotia, CanadaNorthwest Territories, CanadaNunavut, CanadaOntario, CanadaPrince Edward Island, CanadaQuebec, CanadaSaskatchewan, CanadaYukon, Canada post code Country United States of America U.S. Virgin Islands U.S. Minor Outlying Islands Canada Mexico United Mexican States Bahamas Commonwealth Republic of Cuba Dominican Republic Republic of Haiti Jamaica Afghanistan People’s Socialist Republic of Albania People’s Democratic Republic of Algeria American Samoa Principality of Andorra Republic of Angola Republic of Anguilla Antarctica (areas south…