Archives for August 6, 2018

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PepsiCo CEO Indra Nooyi to step down

PepsiCo CEO Indra Nooyi to step down

By Rachel Arthur

Indra K. Nooyi is to end her tenure as PepsiCo CEO after more than a decade in the role, with Ramon Laguarta elected to succeed her.

Heineken and China Resources Beer announce strategic partnership

Heineken and China Resources Beer announce strategic partnership

By Rachel Arthur

Heineken will take a $3.1bn stake in the parent of China Resources Beer, China’s largest brewer. The deal gives Heineken greater access to the Chinese market; while China Resources will be able to grow in the premium market and potentially expand its...