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PepsiCo suspends drink sales in Russia; supply of dairy "essentials" continues - Vimarsana News

PepsiCo suspends drink sales in Russia; supply of dairy "essentials" continues

PepsiCo has suspended the sale of its major drinks brands in Russia but as a “humanitarian” gesture will continue to supply dairy essentials.

We should nationalise exiting companies' factories, senior Russian politician says - Vimarsana News

We should nationalise exiting companies' factories, senior Russian politician says

Russia should take over the factories of overseas companies that have decided to leave the country in the wake of its invasion of Ukraine.

Danone adopts fix or sell approach as tenth of portfolio up for "rotation" - Vimarsana News

Danone adopts fix or sell approach as tenth of portfolio up for "rotation"

Danone’s recently installed CEO Antoine de Saint-Affrique has adopted a fix it or flog it approach to breathe new life into parts of the portfolio.

Danone CEO emphasises "responsibility" of operating in Russia - Vimarsana News

Danone CEO emphasises "responsibility" of operating in Russia

Danone CEO Antoine de Saint-Affrique has stood by the dairy and baby-food manufacturer’s decision to continue doing business in Russia.

Indian rice supplier LT Foods acquires controlling stake in US peer Golden Star - Vimarsana News

Indian rice supplier LT Foods acquires controlling stake in US peer Golden Star

India-based rice business LT Foods has acquired a 51% controlling stake in US peer Golden Star trading for an undisclosed sum.