Coca-Cola picks up stake in Kobe Bryant sports drink
Coca-Cola Co is buying a minority stake in a sports drink brand backed by basketball star Kobe Bryant, it said on Tuesday, seeking to mount a stronger challenge to PepsiCo’s Gatorade.
Home Depot’s second-quarter sales rebound, shares rise
Home Depot Inc’s second-quarter sales at established stores beat Wall Street forecasts, boosted by a rebound in demand for seasonal merchandise.
Novartis recruits new compliance head from Siemens after ethics stumbles
Novartis has recruited a new chief ethics officer from Siemens after costly bribery scandals and a disputed $1.2 million contract with President Donald Trump’s former lawyer that the Swiss drugmaker now calls a mistake.
DAMAC Properties ‘holds its nerve’ amid Dubai real estate slump: CFO
Dubai’s DAMAC Properties , owner and operator of the only Trump-branded golf club in the Middle East, is confident of its financial position despite registering its worst quarter in terms of booked sales since the company went public five years ago, it…
Shares regain footing as lira roars out of rout
World share markets regained their footing on Tuesday as the threat from the collapse of the Turkish lira ebbed and reassuring German data offset signs of slowing growth in China.
Exclusive: Carlyle starts preparations for $5 billion listing of chemicals group Atotech – sources
Buyout group Carlyle is starting preparations for a stock market listing of German speciality chemicals group Atotech, a former part of oil group Total which could be valued at around $5 billion, people close to the matter said.
Japan’s Don Quijote rides high on rule-breaking reputation
Japanese discount retailer Don Quijote Holdings Co Ltd was once the industry’s enfant terrible, overturning standard retail practices with its cluttered and chaotic stores that sell everything from faux leopard-skin rugs to designer watches.
Exclusive: Carlyle starts preparations for listing of chemicals group Atotech – sources
Buyout group Carlyle is starting preparations for a stock market listing of German speciality chemicals group Atotech, a former unit of oil group Total , which it bought for $3.2 billion two years ago, people close to the matter said.
Asia stumbles on soft China data, gold loses its glitter
Asian share markets fought to regain their footing on Tuesday as tremors from the collapse of the Turkish lira ebbed, though sentiment took a fresh knock when Chinese economic data proved softer than expected.
South Korea to ban about 20,000 BMW vehicles after engine fires
South Korea’s transport ministry said on Tuesday it would ban some 20,000 BMW vehicles from the streets amid mounting public fears about engine fires.
