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Big brands dive into esports to court youth market: Nielsen

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NEW YORK (Reuters) – From snack companies to carmakers, a wide range of brands is trying to reach one of the hottest demographic groups around: esports fans. FILE PHOTO: Esports – ESL One – Dota 2 Major – Arena Birmingham, Birmingham, Britain – May 26, 2018 General view as fans watch on Action Images via Read More

Coke Zero Sugar, new flavors lift Coca-Cola results; shares rise

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(Reuters) – Strong demand for Coca-Cola Co’s zero-calorie drink Coke Zero Sugar, new orange-vanilla cola and flavored waters pushed the beverage maker’s quarterly sales and profit well above Wall Street estimates, sending its shares up as much as 3 percent on Tuesday. FILE PHOTO: Cans of Coca-Cola are pictured in the refrigerator during an event Read More

Coke Zero, new flavors lift Coca-Cola results; shares rise

1 day ago DieselGasoil Comments Off on Coke Zero, new flavors lift Coca-Cola results; shares rise
(Reuters) – Strong demand for Coca-Cola Co’s low-calorie Coke Zero, new orange-vanilla cola and flavored waters pushed the beverage maker’s quarterly sales and profit well above Wall Street estimates, sending its shares up 2.2 percent on Tuesday. FILE PHOTO: Cans of Coca-Cola are pictured in the refrigerator during an event in Paris, France, March 21, Read More

Kraft Heinz’s new CEO looks beyond cost-cutting, big M&A

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CHICAGO (Reuters) – Kraft Heinz Co’s incoming chief executive, Miguel Patricio, is indicating a change in strategy for the packaged food company that could move it away from the aggressive cost-focused culture that has been in place since the company was created in 2015. FILE PHOTO: Commemorative items for sale are on display at the Read More

Kraft Heinz hires global brand expert Patricio as CEO

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(Reuters) – Kraft Heinz Co named Miguel Patricio as its next chief executive on Monday, hoping the 30-year marketing veteran will revitalize brands such as Planters nuts and Oscar Mayer bacon at one of the world’s largest packaged food companies. FILE PHOTO: A Heinz Ketchup bottle sits between a box of Kraft macaroni and cheese Read More

Kraft Heinz banks on Anheuser-Busch executive in strategy shift

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(Reuters) – Kraft Heinz Co replaced Chief Executive Officer Bernardo Hees with Anheuser-Busch InBev veteran Miguel Patricio, changing leadership after years of cost-cutting that has hurt some of its biggest brands. FILE PHOTO: A Heinz Ketchup bottle sits between a box of Kraft macaroni and cheese and a bottle of Kraft Original Barbecue Sauce on Read More

Sri Lanka: Emergency powers imposed after bomb attacks

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Emergency powers will come into force in Sri Lanka from midnight on Monday, following a series of bomb attacks on Easter Sunday. The powers will allow police and the military extensive powers to detain and interrogate suspects without court orders. Sri Lankan police are to investigate whether warnings of attacks were ignored or missed before Read More

Denmark’s richest man loses three children in Sri Lanka bombings

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Fashion tycoon Anders Holch Povlsen lost three of his four children in the Sri Lanka terrorist attacks on Sunday. The family was visiting the country over the Easter holiday. “Unfortunately, we can confirm the news is true,” Jesper Stubkier, spokesman for Povlsen’s fashion firm Bestseller, told Danish news agency Ritzau. “We ask that you please Read More

‘Warnings were missed’ before attacks – Sri Lankan ministers

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Sri Lankan police will investigate whether warnings of attacks were ignored or missed before the violence in eight locations on Easter Sunday. At least 290 people have been killed in a series of explosions targeting churches and hotels in Sri Lanka, and two minister have suggested intelligence officers knew something of the attacks beforehand. Since Read More

National Enquirer to be sold to owner of magazine distributor

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(Reuters) – American Media Inc (AMI) said on Thursday it was selling its National Enquirer tabloid to James Cohen, whose family owns a magazine distributor and used to own the Hudson chain of airport newsstands. U.S. tabloid newspaper the National Enquirer display rack is seen in Washington, U.S., April 10, 2019. REUTERS/Jeenah Moon The National Read More