Coca-Cola is suspending plans for a €17 million investment in its factory in the south of France it announced Thursday. The move is in protest at France’s plans to slap a tax on sugary sodas. The government says the tax will raise €120 million.
Pakistan and the United States have been trading barbs in the wake of the killing of Osama Bin Laden. We take a look at this turbulent relationship. We also head to the Mexican state of Sinaloa where corn has become a much sought-after commodity by drug dealers. Finally, find out which famous drink is turning 125 years old this week.
The Coca-Cola Co has dismissed a report aired by an American public radio station that it had discovered the secret formula behind the hugely popular beverage. The radio station stands by their claim and have provided photographic “evidence”.
Coca-Cola has taken a majority stake in fast-expanding and ethically-minded British smoothie maker Innocent Drinks. Innocent's three founders will keep running the firm.
Coca-Cola says it will buy the North American operations of its largest bottler, Coca Cola Entreprises, in return for the sale of its own bottling operations in Norway and Sweden.
During the 5th edition of the Women's Forum, held in Deauville, France, Stéphanie Antoine met Dominique Reiniche, President of Coca-Cola for Europe, to discuss social responsibility and brand strategy.
China has rejected a plan by Coca-Cola to take over the nation's top juice maker Huiyuan, based on anti-monopoly legislation. The 2.4-billion-dollar acquisition would produce "a negative influence on competition," the ministry said.
Coca-Cola said on Friday it would invest two billion dollars in China over the next three years. After its 2.4-billion-dollar proposal to take over Huiyuan Juice Group, Coca-Cola intends to increase its presence in the world's largest market.