Pepsi to cut product offering nearly 20% in deal with $4 billion activist Elliott
In a joint statement, Elliott Partner Marc Steinberg said it is confident that PepsiCo can create value for shareholders as it executes on its new plan.
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Flight chaos brings India’s biggest airline back to earth
Low-cost carrier IndiGo’s cancellation of thousands of flights prompts passenger fury and regulator scrutiny
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Nvidia can sell H200 AI chips to China, Trump says
President says other chipmakers can also resume exports and ‘25% will be paid’ to the US
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The White House’s rupture with the western alliance
Trump’s security strategy is a wake-up call for Europe on defence and growth
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What bubble? Asset managers in risk-on mode stick with stocks
More than three-quarters of the allocators were positioning portfolios for a risk-on environment through 2026.