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Top related persons:
CCEP - 2 Coke - 1 Tayyip Erdogan - 1 Murat Cetinmuhurdar - 1 Numan Kurtulmus - 1 Nestle - 1 Israel - 1 Huseyin Hayatsever - 1
Top related locs:
Philippines Chicago Turkish Ankara Turkey Handout Rights ANKARA Gaza
Top related orgs:
Thomson - 3 REUTERS - 2 Cola Europacific Partners - 2 Aboitiz Equity Ventures - 2 LSEG - 1 AK Party - 1 Rights - 1 Nestle - 1

Search resuls for: "Cola Beverages"


8 mentions found


☆ Coca-Cola hikes full-year outlook as global demand rises
  + stars: | 2024-07-23 | by ( Amelia Lucas | ) www.cnbc.com   time to read: 1 min
Coca-Cola beverages are offered for sale in Chicago on April 30, 2024. Coca-Cola on Tuesday raised its full-year outlook as global demand for its drinks rose in the second quarter. Shares of the company rose more than 1% in premarket trading. Excluding items, the beverage giant earned 84 cents per share. Net sales rose 3% to $12.36 billion.
Persons: Coke Organizations: LSEG Locations: Chicago
☆ Turkish parliament dumps Coke, Nestle from menus over alleged Israel support
  + stars: | 2023-11-07 | by ( ) www.reuters.com   time to read: +3 min
Turkish President Tayyip Erdogan greets lawmakers of his AK Party in the Turkish parliament in Ankara, Turkey, October 25, 2023. "The products of companies that support Israel will not be sold in restaurants, cafeterias and tea houses in the parliament campus," Turkey's Grand National Assembly said, without identifying the companies. Neither the parliament statement nor the source specified how Coca-Cola and Nestle supported Israel's war effort. Over the past month, Turkish President Tayyip Erdogan and his government have sharply criticised Israel's assault on Gaza and Western support for Jerusalem. Israel has bombarded Gaza since a Hamas raid on southern Israel a month ago, when its fighters killed 1,400 people and seized 240 hostages.
Persons: Tayyip Erdogan, Murat Cetinmuhurdar, Numan Kurtulmus, Nestle, Israel, Huseyin Hayatsever, Daren Butler, Alex Richardson, Jonathan Spicer Organizations: AK Party, REUTERS, Rights, Nestle, Israel, National Assembly, Cola, Palestinian, Hamas, stevedores, Ece, Thomson Locations: Turkish, Ankara, Turkey, Handout, Rights ANKARA, Gaza, Israel, Barcelona, Jerusalem
☆ Burger King still hasn't closed its Russian restaurants 18 months after its parent company said it would
  + stars: | 2023-10-03 | by ( Grace Dean | ) www.businessinsider.com   time to read: +2 min
Burger King's roughly 800 Russian restaurants remain open. Its parent company said in March 2022 it had started the process to dispose of its ownership stake. AdvertisementAdvertisementBurger King still hasn't closed its Russian restaurants, more than 18 months after parent company Restaurant Brands International said it would. Burger King's franchise restaurants in Russia are run by a joint venture partnership in which RBI has a 15% stake. Shear added that RBI had "demanded" that the main operator of Russia's Burger King restaurants stop operations, but that it "refused to do so."
Persons: Burger, —, David Shear, Shear, Russia's, didn't, hadn't, Angus, Whoppers, Popeyes, Tim Hortons, McDonald's Organizations: Service, Restaurant Brands, BBC Locations: Russia, Russia's Burger, Ukraine
☆ Coca-Cola bottler CCEP intends to acquire Coke's Philippines business for $1.8 bln
  + stars: | 2023-08-02 | by ( ) www.reuters.com   time to read: +1 min
A detail of a can of Coca-Cola is seen in London, Britain March 16, 2016. REUTERS/Stefan Wermuth/File PhotoAug 2 (Reuters) - Coca-Cola Europacific Partners (CCEPC.L) said on Wednesday it intends to jointly acquire Coca-Cola Beverages Philippines with Aboitiz Equity Ventures (AEV) for $1.8 billion, in an effort to become the world's largest Coca-Cola bottler by revenue and volumes. The deal to buy Coca-Cola's (KO.N) Philippines business in cash will be on 60:40 ownership structure between CCEP and Philippines conglomerate Aboitiz. CCEP has signed a non-binding term sheet and is in advanced discussions with AEV regarding a potential joint transaction, the company said in a statement. Reporting by Radhika Anilkumar in Bengaluru; Editing by Rashmi Aich and sonia CheemaOur Standards: The Thomson Reuters Trust Principles.
Persons: Stefan Wermuth, CCEP, Radhika Anilkumar, Rashmi Aich, sonia Cheema Organizations: REUTERS, Cola Europacific Partners, Cola Beverages, Aboitiz Equity Ventures, Thomson Locations: London, Britain, Philippines, CCEP, Western Europe, Australia, New Zealand, Bengaluru
☆ Coca-Cola bottler bulks up challenged empire
  + stars: | 2023-08-02 | by ( ) www.reuters.com   time to read: +2 min
MILAN, Aug 2 (Reuters Breakingviews) - The world’s largest maker of Coca-Cola bottles is growing bigger. Pouncing on Coca-Cola Beverages Philippines, which Coca-Cola (KO.N) itself is selling, is a no-brainer. The $267 billion U.S. drink maker run by James Quincey is offloading its bottling manufacturing around the world to concentrate on its ubiquitous products. At just over 1 times 2022 sales, the price tag looks cheap compared to CCEP’s own nearly 2 times multiple. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: James Quincey, CCEP, Damian Gammell, Lisa Jucca, Aston Martin, Neil Unmack, Oliver Taslic Organizations: MILAN, Reuters, Cola Europacific Partners, Aboitiz Equity Ventures, Cola Beverages Philippines, Twitter, Thomson Locations: Philippines, Japan, India
☆ Top brands pull out of Russia, but their goods remain easy to find
  + stars: | 2023-02-22 | by ( Alexander Marrow | ) www.reuters.com   time to read: +8 min
Brands' continued availability shows the challenge companies face in controlling supply chains when exiting a market. Market leader Wildberries sells old stock from Inditex brands and has almost 17,000 goods in its Zara catalogue. Informal supply routes could lead to more poor-quality goods entering Russia, however, as regulators lose oversight, Ben Tzion said. IKEA brand owner Inter IKEA Group said it sold remaining stock for an undisclosed amount to Yandex as it down-scaled IKEA Retail Russia. IKEA said it was looking into goods being advertised as similar to IKEA online.
☆ TikTokers are roasting McDonald's hilarious drive-thru AI order fails — and it shows that robots won't take over restaurants any time soon
  + stars: | 2023-02-13 | by ( Nancy Luna | ) www.businessinsider.com   time to read: +3 min
Another TikToker generated 97,000 views on a post, where she explained how "robots are taking over the world" and they're messing up her McDonald's order. She said the voice bot put 9 sweet teas on her order tab, when she only ordered one sweet tea. In the bot's defense, McDonald's restaurants don't serve Mountain Dew products. Those restaurants still have restaurant workers taking orders, but some McDonald's restaurants have voice bots. Checkers & Rally's, Taco Bell, Sonic, Panera Bread, and Popeyes are testing voice bots in drive-thru lanes.
☆ Culver's just switched from Pepsi to Coke. See which major US restaurants serve which soda brands.
  + stars: | 2023-01-23 | by ( Skye Gould | Mary Hanbury | Nancy Luna | ) www.businessinsider.com   time to read: +2 min
In January 2023, Culver's ditched Pepsi and began promoting Coca-Cola products on its website. Coca-Cola beverages dominate restaurant chains. Up until recently, Culver's also served Pepsi beverages. But the Wisconsin-based fast-food chain, known for its butterburgers and frozen custard desserts, has ditched Pepsi for Coca-Cola products. The Culver's website now advertises that it sells about nine Coca-Cola beverages, including Diet Coke and Coke.
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