Deal Will Expand PepsiCo’s Food Portfolio to Include More Options for Consumers Looking for Positive Choices and Simple Ingredients January 17, 2025 /PepsiCo PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods (“Siete”), for $1.2 billion. Over the […]
Author: InvestAdvocate
Gaza Ceasefire Halts the Oil Price Rally
January 17, 2025/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices have stopped rallying as a ceasefire agreement between Israel and Hamas could lead to the end of the Houthi bombardments of the Red Sea, but prices are still set to end the week with a gain. The recent relentless oil price […]
As One Cycle Ends, Another Begins Amid Growing Divergence
(Credit: George Clerck/iStock by Getty Images) January 17, 2025/IMFBlog By Pierre-Olivier Gourinchas We project global growth will remain steady at 3.3 percent this year and next, broadly aligned with potential growth that has substantially weakened since before the pandemic. Inflation is declining, to 4.2 percent this year and 3.5 percent […]
