PepsiCo tops revenue, profit forecasts

Source: Dukascopy Bank SA
On Monday, PepsiCo Inc topped analysts' expectations for its quarterly profit and revenue results, driven by a rise in snacks demand, such as Cheetos and Fritos, during the coronavirus lockdowns.
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Mon, 13 Jul 2020 12:17:57 GMT

S. Korea to hold annual ADB meeting in 2023

The South Korean finance ministry announced on Monday it would conduct the Asian Development Bank's 56th annual meeting in the city of Incheon in 2023, due to a disruption of earlier plans for hosting the meeting this year caused by the coronavirus outbreak.

Mon, 13 Jul 2020 10:31:22 GMT

Alibaba's Ma sells $8.2B worth shares

Jack Ma, the co-founder of Alibaba Group Holding, reduced his stake from 6.2% the previous year to 4.8% held in the current year, cashing out about $8.2B, Alibaba's annual filing showed.

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