BUSINESS

Coke Bottler Coca-Cola HBC Depleting Stock In Russia

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Bottler Coca-Cola HBC AG and its existing customers in Russia are "in the process of depleting stock," Coca-Cola Co said in a statement, after Reuters reported that Coke was for sale at a McDonald's Corp franchise in St.
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Model of petrol pump is seen in front of U.S. and Iran flag colors in this illustration taken March 25, 2022.

U.S. Pressures Iran By Targeting Chinese, UAE Companies

The United States imposed sanctions on Thursday on Chinese and Emirati companies and on a network of Iranian firms that help export Iran's petrochemicals, a step that may raise pressure on Tehran to revive the 2015 Iran nuclear deal.
The company's logo is seen on a wheel hub of a Ferrari SF90 Stradale hybrid sports car during a media preview at the Auto Zurich Car Show in Zurich, Switzerland November 3, 2021.

Ferrari Says Going Electric Means 'Even More Unique' Cars

Electric and hybrid models should make up 80% of Ferrari's sales by 2030, the luxury carmaker told investors on Thursday, vowing to produce "even more unique" cars as it leans on partners to make the costly shift to zero-emission driving.
The company's logo is seen on a wheel hub of a Ferrari SF90 Stradale hybrid sports car during a media preview at the Auto Zurich Car Show in Zurich, Switzerland November 3, 2021.

Ferrari Promises Electric Means 'Even More Unique' Cars

Electric and hybrid models should make up 80% of Ferrari's sales by 2030, the luxury carmaker told investors on Thursday, vowing to produce "even more unique" cars as it makes the expensive shift to zero-emission driving.

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