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PepsiCo buys Chinese snack brand Be & Cheery for $705 million

BEIJING (Reuters) – PepsiCo Inc (PEP.O) has agreed to buy Chinese snack brand Be & Cheery from local jujube maker Haoxiangni Health Food Co Ltd (002582.SZ) for $705 million, the companies said. The U.S. multinational food and beverage maker said the acquisitio... More »

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Pepsi pulls Kendall Jenner ad after social media backlash

FILE PHOTO: Model Kendall Jenner presents a creation from the Ralph Lauren Spring/Summer 2017 collection at New York Fashion Week in Manhattan, New York, U.S., September 14, 2016. REUTERS/Andrew Kelly/File Photo PepsiCo pulled a commercial featuring model Kend... More »

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PepsiCo profit beats on demand for healthy snacks, drinks

FILE PHOTO – A bottle of Pepsi is seen in this file photo illustration February 10, 2015. REUTERS/Jim Young/Illustration/Files PepsiCo Inc (PEP.N) reported a better-than-expected quarterly profit, as the company benefited from its cost-cutting programs and hig... More »

PepsiCo sets global target for sugar reduction

A bottle of Pepsi is seen in this file photo illustration February 10, 2015. REUTERS/Jim Young/Illustration/Files PepsiCo Inc has set a target for reducing the amount of sugar in its soft drinks around the world as part of a suite of goals aimed at tackling pr... More »