PepsiCo’s core soda brand, chips boost quarterly results

PepsiCo’s core soda brand, chips boost quarterly results
(Reuters) – PepsiCo Inc’s (PEP.O) quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as snacks Lay’s and Dorito chips. FILE PHOTO: Bottles of Pepsi are pictured at a grocery store in Pasadena, California, U.S., July 11, 2017. REUTERS/Mario Anzuoni/File Photo Beverage sales rose in the quarter as... Read More

Doubts over Deutsche Bank turnaround plan dent shaky shares

Doubts over Deutsche Bank turnaround plan dent shaky shares
LONDON/FRANKFURT (Reuters) – Deutsche Bank DKBGn.DE shares extended losses on Tuesday on investor doubts that its chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Germany. The logo of Deutsche Bank is pictured on a company’s office in London, Britain July 8, 2019. REUTERS/Simon Dawson Christian Sewing, CEO for... Read More

Deutsche Bank in partnership talks with SoftBank-backed OakNorth: source

Deutsche Bank in partnership talks with SoftBank-backed OakNorth: source
LONDON (Reuters) – Deutsche Bank (DBKGn.DE) is in talks with SoftBank-backed (9984.T) British fintech firm OakNorth to use the latter’s credit analysis and monitoring platform, a source with knowledge of the discussions told Reuters. The logo of Deutsche Bank is pictured on a company’s office in London, Britain July 8, 2019. REUTERS/Simon Dawson The troubled German bank is piloting OakNorth’s... Read More

Aramco awards $18 billion in contracts to boost capacity at Marjan, Berri oilfields

Aramco awards $18 billion in contracts to boost capacity at Marjan, Berri oilfields
FILE PHOTO: The logo of Saudi Aramco is seen at Aramco headquarters in Dhahran, Saudi Arabia May 23, 2018. REUTERS/Ahmed Jadallah/File Photo DUBAI (Reuters) – Saudi Aramco has awarded 34 contracts with a total value of $18 billion for engineering, procurement and construction projects at its Marjan and Berri oilfields, the company said. Aramco plans to boost production capacity at... Read More