Jamaica Gleaner Business

Published: Monday Tuesday | May 12, 2009

PepsiCo sues Pepsi Bottling Group over meeting
Soft drink maker PepsiCo Inc said Monday it is suing its largest bottler, marking the company's first move since Pepsi Bottling Group and another bottler rejected takeover bids last week.PepsiCo said in a statement that Somers, New York-based Pepsi... Read More...

Banks offering stock to pay for bailout
KeyCorp, which is among 10 major United States banks ordered by the government to raise more capital as a buffer against future losses, joined several other banks Monday in announcing public stock offerings.The offerings put pressure on financial... Read More...

A bittersweet business
Sugar cane farming should be sweet business, but there are still challenges with the divestment process and many farmers like these in Clarendon still rely on old-fashioned methods of reaping.... Read More...

Diageo 3Q sales down 7%
Diageo PLC, the world's largest producer and distributor of alcoholic drinks, said sales in the three months through March fell seven per cent as distributors in the United States reduced their stocks by a million cases... Read More...