PepsiCo raised its full-year forecast after its latest quarterly earnings and revenue topped analysts’ expectations.
This came despite higher costs and recent problems in the supply chain, as shares rose less than 1% in early trading.
Coca-Cola is to use bulk carriers to shift its cargo in a revision of its supply chains out of Asia.
They will abandon the modern container shipping system and reverted to bulk carriers, due to ongoing supply chain disruptions.
Timestamps:
- PEP 02:00
- KO 03:40
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