Diet Pepsi cans aspartame in an attempt to save the drink's flagging sales
New bottles appear in stores marked ‘Now Aspartame Free’ as health concerns over the artificial sweetener may be to blame for the soda’s dip in popularity A revamped Diet Pepsi without aspartame is popping up on store shelves. So will people start flocking back to the soda? PepsiCo says its new Diet Pepsi should be […]
Standard Chartered quits controversial Queensland coal mining project
Involvement with the mine, which critics say threatens endangered species, was exposing the London-based bank to reputational damage Standard Chartered bank is pulling out of a vast coal mining project in Australia that critics say threatens endangered species and could wreck international efforts to contain global warming. The London-based bank revealed on Monday it was […]
Economy sees uptick – now Congress urged to pass bill to create more jobs
US deputy labor secretary Chris Lu says the best way to take advantage of recent gains is for congressional leaders to focus on long-term infrastructure Congress should pass a long-term infrastructure bill to help improve the economy and job security for American workers, according to Chris Lu, US deputy labor secretary. Related: Unemployment rate remains […]
Warren Buffett: six key deals
Billionaire investor has gained stakes in Coca-Cola, Gillette and other big names during a career spanning more than half a century, usually with positive results In more than 50 years of investing, Warren Buffett has bought and sold stakes in some of the biggest companies in the world through his Berkshire Hathaway vehicle. As the […]
Greece closes in on third bailout deal – live updates
Greece has 10 days to agree a deal ahead of next debt deadline Merkel ally concerned bailout money will blunt creditor leverage Legendary investor Warren Buffett close to biggest-ever deal British farming unions hold emergency summit on falling milk prices 3.06pm BST The day began with hopes of a Greek debt breakthrough but, as the […]
Knife attack at Ikea store in Sweden leaves two dead
Man arrested on suspicion of murder after another person is seriously injured in incident in Västeras, about an hour west of Stockholm Two people have been killed and one seriously injured in a knife attack at an Ikea store in Västeras, a city about an hour west of the Swedish capital, Stockholm. Police said they […]
Berkeley boss gets £23.2m payout after company's profits soar by 42%
Tony Pidgley, co-founder of housebuilders Berkeley Group, now one of the wealthiest business executives in the UK The boss of Berkeley Homes, one of the UK’s biggest house builders, received £23.3m last year at the start of a series of payouts to the company’s top executives that could add up to £500m in the next […]
Without India, you can forget about achieving a sustainable palm oil sector
All eyes are on India, the world’s largest palm oil importer, and whether companies can help shift consumers towards sustainable choices In a food stall on a dusty New Delhi street corner, a woman in a bright orange sari drops samosas into a skillet of bubbling liquid, which crackles and pops as it laps up […]
Warren Buffett strikes his biggest deal with $37.2bn Precision Castparts takeover
Berkshire Hathaway investment conglomerate pays $235 a share in cash for maker of aircraft parts and energy production equipment Warren Buffett, the octogenarian multibillionaire investor, has struck his biggest deal by agreeing to buy a US maker of aircraft components and industrial pipes for $37.2bn (£24bn) including debt. Berkshire Hathaway, Buffett’s investment company, has agreed […]
Rail watchdog fines Network Rail £2m for London Bridge delays
Timetabling failures and lack of planning for network upgrades caused severe disruption for passengers, the Office of Rail and Road found The rail regulator has fined Network Rail £2m for inept timetabling and poor planning for upgrades that caused severe disruption at London Bridge station. The Office of Rail and Road (ORR) said Network Rail […]