Data: The lifejacket that keeps ESG afloat April 11, 2023 If the year is 1983 and you find yourself in Fiji looking at a notice asking you to reuse your hotel towels for the sake of the environment, then your name is probably Jay Westerveld and you’re about to come up with the term “greenwashing”. Mr. Westerveld was lodging in a beach resort undergoing large, [...]
UK culture sec urges Olympic partners like Coca-Cola and Visa to back Russia athlete ban March 11, 2023 The UK’s culture secretary has written to sponsors of the Olympics including Coca-Cola and Visa urging them to back a ban on Russian and Belorussian athletes. Lucy Frazer addressed the letter to the CEOs of the International Olympic Committee’s (IOC) Worldwide Partners, which include Coca-Cola, Intel, Samsung and Visa. The letter to CEOs comes after [...]
‘Total Coke addict’ Rishi Sunak says he’s cut down to drinking one a week February 28, 2023 Rishi Sunak insisted he has cut down to drinking one Coke a week as he visited a Coca-Cola bottling plant. The Prime Minister previously revealed he had a particular taste for Coca-Cola, describing himself as a “total Coke addict” in an interview with two school children in 2019, and that it left him with seven [...]
Brexit deal: Sunak says Northern Ireland in ‘unbelievably special position’ with access to both UK AND EU markets February 28, 2023 Rishi Sunak insisted that his new Brexit deal for Northern Ireland addressed the concerns of unionists despite the “small and limited” role for European Union law and its court – while giving Belfast an “unbelievably special position”. The Prime Minister, who was visiting Northern Ireland to sell the deal secured with the European Union, said [...]
Nestlé sees resilient demand from shoppers despite Kit-Kat maker boosting prices July 28, 2022 Kit-Kat maker Nestlé was the latest household name to declare that price increases for consumers had failed to offset demand, with sales surging. The London-listed firm admitted it had put up prices 6.5 per cent this year but saw profits soar in six months regardless. In half-year results, the consumer goods giant said total reported [...]
Veteran Fevertree chairman announces retirement May 3, 2022 Longstanding Fevertree Drinks chairman Bill Ronald has announced he will be retiring in May next year. Ronald joined the premium tonics and drink mixer maker in June 2013 ahead of Fevertree’s debut on the London Stock Exchange the following year. He has given a year’s notice to allow the company to start looking for a [...]
Look inside: Coca Cola opens first European flagship store in Covent Garden April 28, 2022 Coca Cola has opened the doors to its first flagship store in Europe today, in a vote of confidence for the West End. After a number of stores in the US, including the beverage titan’s home territory in Atlanta, Coca Cola is testing the waters with a UK experiential destination. The store is set to [...]
Coca Cola beats quarterly revenue expectations as thirst for hospitality returns April 25, 2022 Coca-Cola Co surpassed quarterly revenue expectations after raising prices and the reopening of theatres and restaurants. In results published on Monday, the firm said demand for soft drinks had come back with zest after entertainment and hospitality venues had reopened with the easing of Covid restrictions. Net revenue lifted 16 per cent to $10.5bn in [...]
Founders not investors now hold the power, says Innocent-founder turned venture capitalist April 7, 2022 London venture capital is now so buoyant that startup founders are batting away investors, says Richard Reed.
Rio Tinto cuts ties with Russia March 10, 2022 Rio Tinto became the first major mining company to announce it was severing ties with Russian businesses following the invasion of Ukraine.