Motor racing: McLaren sign short-term partnership with Coca-Cola
McLaren have signed a partnership with Coca-Cola until the end of the season that will see the soft drinks company’s brand appear on a Formula One car for the first time, the team announced on Thursday.
Pricing boost helps Philip Morris quarterly results to beat estimates
Philip Morris International , maker of Marlboro cigarettes, maintained its full-year guidance on Thursday after higher pricing helped it to report better than expected quarterly sales and profit.
U.S. Senator Warren urges Fed to require removal of Wells Fargo CEO
U.S. Senator Elizabeth Warren said on Thursday the Federal Reserve should not allow Wells Fargo & Co to grow in size until the bank replaces Chief Executive Officer Tim Sloan.
Ryanair makes no concessions to Polish union demands on contracts
Ryanair will press ahead with plans to move Polish staff on to self-employed contracts, Ryanair’s Chief Marketing Officer Kenny Jacobs said in an interview with Reuters.
Third Point video urges retail investors to replace Campbell Soup board
Activist investor Daniel Loeb turned up the heat on Campbell Soup Co on Thursday with a video aimed at persuading retail investors to vote with his hedge fund Third Point LLC to replace the food company’s entire board of directors.
Wall Street drops after weak industrial earnings, hawkish Fed
U.S. stocks fell on Thursday as weak earnings reports from industrials raised worries over rising expenses and the impact of tariffs, adding to concerns of higher borrowing costs after hawkish commentary in the Federal Reserve’s minutes.
Starbucks to let Mexico’s Alsea operate stores in four European nations
Starbucks Corp said on Thursday it would give its longtime partner Mexico’s Alsea SAB the rights to operate its cafes in France, the Netherlands, Belgium and Luxembourg as the coffee chain looks to trim costs and battle competition.
Brazil court denies Monsanto bid to halt seed licensing to bankrupt firm
A Brazilian appeals court denied a request this month by Monsanto’s local unit to suspend licensing of its popular Intacta soy seed technology to privately owned seed maker Sementes Talismã, according to a ruling seen by Reuters.
Futures drop on hawkish Fed, disappointing industrial earnings
U.S. stock futures fell on Thursday, as some industrials reported disappointing results, while the Federal Reserve’s minutes showed officials broadly agreed on raising interest rates further, fanning concerns that contributed to last week’s brutal sell…
Starbucks to license out certain EMEA stores to Mexico’s Alsea
Starbucks Corp said on Thursday it would license out its operations in France, Netherlands, Belgium and Luxembourg to long-standing partner Mexico’s Alsea SAB .
