PepsiCo profit gets a bump on fewer charges, but sales slip after repeated price hikes
Read full article: PepsiCo profit gets a bump on fewer charges, but sales slip after repeated price hikesPepsiCo got a bump to fourth quarter profits thanks in part to lower charges and continued price hikes, but higher prices have hit sales.
Luxury group LVMH joins top-tier French sponsors of the 2024 Paris Olympics and Paralympics
Read full article: Luxury group LVMH joins top-tier French sponsors of the 2024 Paris Olympics and ParalympicsThe world’s biggest luxury group, LVMH Moët Hennessy Louis Vuitton, has announced a sponsorship deal with the 2024 Paris Olympics and Paralympics.
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France opposes foreign takeover offer for supermarket chain
Read full article: France opposes foreign takeover offer for supermarket chainFILE - In this file photo dated Wednesday Feb. 24, 2010, a sign is seen at a Carrefour supermarket in Brussels. France's government said Thursday Jan. 14, 2021, it opposes the proposed 16.2 billion-euro ($19.6 billion) takeover of French supermarket chain Carrefour by Canadian convenience store group Couche-Tard. (AP Photo/Virginia Mayo, FILE)PARIS – France's government says it opposes the proposed 16.2 billion-euro ($19.6 billion) takeover of French supermarket chain Carrefour by Canadian convenience store group Couche-Tard. That follows similar comments by Finance Minister Bruno Le Maire who explained that the country's “food sovereignty” is at stake. “I’m not in favor of such a deal,” Le Maire said on television channel France 5 on Wednesday.
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Death on eve of Brazil's Black Consciousness Day sparks fury
Read full article: Death on eve of Brazil's Black Consciousness Day sparks fury(AP Photo/Andre Penner)RIO DE JANEIRO – A Black man died after being beaten by supermarket security guards in the Brazilian city of Porto Alegre on the eve of Friday's Black Consciousness Day observations, sparking outrage after videos of the incident circulated on social media. A short clip showed one guard restraining João Alberto Silveira Freitas just outside the doors of a Carrefour supermarket while the other pummeled him with repeated blows to the face. Dozens of protesters entered a Carrefour in Brazil’s capital, Brasilia, on Friday morning, chanting “Black lives matter!” One held a sign reading: “Don't shop at Carrefour. You could die.” Inside another Carrefour in Rio de Janeiro, protesters shouted "Carrefour Killer!” as a black man lay still atop the conveyor belt of a checkout. In 2018, a security guard at a Carrefour in Sao Paulo state beat a stray dog to death with a metal bar.
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