July 12 Reuters PepsiCo Inc raised its fullyear revenue forecast on Tuesday as consumers bought more sodas and snacks even in the face of rising prices. The company39;s shares rose about 1.3 to 172.70 in premarket trading. Packaged food makers have so far felt little impact of decadeshigh inflation on consumer demand, especially in the United […]

July 12 Reuters Walmart Inc has struck a deal with Canoo Inc to buy 4,500 electric vehicles as part of the U.S. retailer39;s goal to achieve netzero emissions by 2040. Shares of Canoo jumped about 37 in trading before the bell, after Walmart said on Tuesday that it also had an option to purchase up to 10,000 […]

SEOUL, July 12 Reuters Hyundai Motor Co said on Tuesday it would build a dedicated electric vehicle EV factory in South Korea that will become its first automobile plant to open in the country in almost three decades. Production is due to begin by 2025, the company39;s union said in a statement, relaying a pledge that […]

July 11 Reuters A federal judge said Subway can be sued for allegedly deceiving customers about its tuna products, including a claim it uses other fish species, chicken, pork and cattle instead of the advertised 100 tuna. U.S. District Judge Jon Tigar in San Francisco called it premature to accept Subway39;s argument that any presence […]