Tue, 21-Oct-2025

PepsiCo raises prices and reduces sizes to offset rising costs

PepsiCo

Pepsi reported net income of $1.43Bn or the second quarter, down from $2.36 billion a year ago. Company anticipates costs to increase considerably more in the second half of the year. PepsiCo took a $1.17 billion charge for the Russia-Ukraine conflict-related quarter. As prices rose and consumers paid more for its Doritos crisps and Gatorade … Read more

Global firms fall short on forest protection vows: report

PARIS: Global companies and financial institutions with the highest potential for curbing deforestation are largely failing to do so, undermining pledges to protect forests made at the COP26 climate summit in November, a report said on Thursday. The Forest 500 analysis by non-profit research group Global Canopy graded 350 companies most responsible for producing, using or … Read more

PepsiCo launches MENA edition of $300K startup accelerator

PepsiCo

DUBAI: Global food and beverage giant PepsiCo is calling Middle East and North Africa-based entrepreneurs to join its sustainability-focused accelerator programme, Arab News reported. The programme, which was first launched in 2017, will deploy up to 1.1 million dirhams ($300,000) to startups who will meet the criteria, Eugene Willemsen, chief executive officer of PepsiCo Africa, Middle East, … Read more

‘I could have won Tokyo Olympics 100m’, says retired Bolt

Bolt

DUBAI: Sprint legend Usain Bolt said he could have emerged from retirement to win a fourth straight Olympic 100m title in Tokyo this year, insisting the winning time was within his reach. Bolt, 35, told AFP that it was frustrating to watch the delayed 2020 Games from his home in Jamaica as his male countrymen … Read more

Pepsi announced to introduce Coffee-Flavored cola next year

PepsiCo has announced to launch a coffee-flavored cola in the US. According to details, popular soda company PepsiCo has revealed its plan to launch a coffee-flavored cola drink in the United States next year in April. The new cola will be available in two flavors; coffee and vanilla flavor. According to sources, a new cola … Read more