PepsiCo buys Sodastream for $3.2bn

PepsiCo buys Sodastream for $3.2bn

20 August 2018 Image copyright Getty Images PepsiCo has announced it is buying Sodastream for $3.2bn (£2.5bn).Israel-based Sodastream makes a machine and refillable cylinders allowing users to make their own carbonated drinks.The deal gives Pepsi a new way of reaching customers in their...

Jamie Oliver's 'jerk rice' accused of cultural appropriation

Jamie Oliver's 'jerk rice' accused of cultural appropriation

20 August 2018 Image copyright Getty Images Jamie Oliver has been accused of cultural appropriation for calling a new product "punchy jerk rice". The decision to label the microwavable rice "jerk" has been criticised, because the product doesn't contain many of the ingredients traditionally used...

Countrywide scraps bosses' £20m bonus package

Countrywide scraps bosses' £20m bonus package

20 August 2018 Image copyright Getty Images Countrywide, the UK's largest estate agency group, has cancelled plans for a new bonus package for its bosses following an outcry from investors.The package could have paid out a total of £20m to three executives, depending on the firm's share...

What does the election of Donald Trump mean for the U.S. stock market

What does the election of Donald Trump mean for the U.S. stock market

"Stocks will rally sharply under Trump's election win on hopes of not just corporate tax cuts, but also deregulation and government spending. He also promises a simplified tax system with tax cuts across the board. In my view bank equities will soar as Trump will implement deregulation of the...

Tesla hit by doubts over Elon Musk's delisting plan

Tesla hit by doubts over Elon Musk's delisting plan

20 August 2018 Image copyright Getty Images Tesla shares remained volatile on Monday amid doubts about Elon Musk's ability to take the company private. Shares in the electric car maker started trade down more than 4%, but recovered to close in positive territory. The shares have dropped by about a...

Wales completes £800m order for 148 new trains

Wales completes £800m order for 148 new trains

18 August 2018 Image copyright Stadler Image caption Stadler will make 35 regional trains and 36 three-car trams for the new Wales and Border franchise Wales has placed an £800m order for 148 "longer, quieter" trains, with air con, wi-fi, step-free access and power and USB sockets for each...