The all-cash deal to buy all outstanding shares of SodaStream would be funded by PepsiCo’s existing funds. The offer price reflects almost 11 percent premium to SodaStream’s Friday closing share price on Nasdaq.
The talks between privately-held Lucid Motors and PIF underscore the latter's appetite to invest in electric car makers to diversify the oil-rich Middle Eastern kingdom's investment portfolio.
This could be a bit of a buzzkill.
Washington is pushing allies to cut imports of Iranian oil to zero and will impose a new round of sanctions on Iranian oil sales in November.
A massive new $3.8 billion deal shows the commitment of the beer industry to cannabis.
Google CEO Sundar Pichai tried to ease concerns over the company's possible return to China with a censored search engine.
A new study suggests that already dire predictions for America's most important social program could get even worse.
Berenberg economist Carsten Hesse expects the Greek economy to clock a healthy 2.0 to 2.4 percent growth till 2020.
The apps that Apple removed from its App Store in China were in violation of the country’s laws by providing platforms for gambling and selling fake lottery tickets, among others.
Andrew Brunson's detention in 2016 is now at the center of a diplomatic row that has fueled Turkey's most serious currency crisis for almost two decades.
China and the United States have implemented several rounds of tit-for-tat tariffs on each other's goods since the start of the year and have threatened further tariffs on exports worth hundreds of billions of dollars.