Jul 27, 2023 - Coca-Cola raises full-year outlook as earnings beat estimates

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Don't like ads? Go ad-free with TradeBriefs Premium From the Editor's Desk Research: How Cultural Differences Can Impact Global Teams Diversity can be both a benefit and a challenge to virtual teams, especially those which are global. The authors unpack their recent research on how diversity works in remote teams, concluding that benefits and drawbacks can be explained by how teams manage the two facets of diversity: personal and contextual. They find that contextual diversity is key to aiding creativity, decision-making, and problem-solving, while personal diversity does not. In their study, teams with higher contextual diversity produced higher-quality consulting reports, and their solutions were more creative and innovative. When it comes to the quality of work, teams that were higher on contextual diversity performed better. Therefore, the potential challenges caused by personal diversity should be anticipated and managed, but the benefits of contextual diversity are likely to outweigh such challenges. Continued here TradeBriefs: Newsletters for Decision-Makers! Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month. Access to premium content | No advertisement mailers Work Coca-Cola raises full-year outlook as earnings beat estimates     Ultra-filtered milk brand Fairlife saw strong growth in the U.S. Coke\'s coffee division also reported volume growth of 5%, fueled by Costa Coffee\'s performance in the United Kingdom and China. Work Amazon cuts jobs at Fresh grocery stores     The job cuts at Amazon Fresh come after the company initiated its most expansive layoffs in its history, eliminating roughly 27,000 employees since late last year. Staffers working on grocery technologies, as well as in the Fresh and Go units, were part of the layoffs, CNBC previously reported. Work Biden Orders U.S. to Share Evidence of Russian War Crimes With Hague Court     Charlie Savage is a Washington-based national security and legal policy correspondent. A recipient of the Pulitzer Prize, he previously worked at The Boston Globe and The Miami Herald. His most recent book is “Power Wars: The Relentless Rise of Presidential Authority and Secrecy.” More about Charlie Savage Work Biden Orders U.S. to Share Evidence of Russian War Crimes With Hague Court     Charlie Savage is a Washington-based national security and legal policy correspondent. A recipient of the Pulitzer Prize, he previously worked at The Boston Globe and The Miami Herald. His most recent book is “Power Wars: The Relentless Rise of Presidential Authority and Secrecy.” More about Charlie Savage Work The Red Lion Inn Turns 250 Years Old And Is Ready To Party     “Our beloved Inn has hosted generations of travelers over the years and was even immortalized in a famous 1967 Norman Rockwell painting,” says Eustis. “What a joy to reflect on that incredible legacy. We look forward to celebrating with the Stockbridge community and guests all year long. You only turn 250 once.” Work Judge Puts Hunter Biden’s Plea Deal on Hold, Questioning Its Details     Michael S. Schmidt is a Washington correspondent covering national security and federal investigations. He was part of two teams that won Pulitzer Prizes in 2018 — one for reporting on workplace sexual harassment and the other for coverage of President Trump and his campaign’s ties to Russia. More about Michael S. Schmidt Work Life Under U.K. Sanctions: Chauffeurs, Chefs and $1 Million Allowances     Jane Bradley is an investigative reporter covering the United Kingdom for The Times. She is based in London, where she focuses on uncovering abuses of power, financial crime and corruption, and social injustices. More about Jane Bradley Work Facebook's ad rebound gives Meta CEO Mark Zuckerberg freedom to pursue far-out bets     \"Profitability is being particularly impacted by a major step up in infrastructure spending as Snap invests in AI both to enhance the user experience and also attempt to improve ad targeting capabilities,\" wrote James Cordwell, an analyst at Atlantic Equities, in a note to clients. As a \"subscale platform,\" Cordwell said he\'s skeptical of Snap\'s ability to succeed in those areas while \"still delivering attractive returns to investors.\" Work Barbie: Toy maker Mattel looks to more movies as sales fall     Mattel, which has not yet said whether it will make money directly from the Barbie movie, has also released a soundtrack album and entered into more than 165 consumer product partnerships for the film. Work McDonald's is about to report earnings. Here's what to expect     But McDonald\'s executives have taken a more conservative outlook for the burger chain. Last quarter, CEO Chris Kempczinski said some customers have pushed back on price increases. He also warned about potential recessions hitting the U.S. and Europe later this year. Work Fed Raises Rates After a Pause and Leaves Door Open to More     “The September meeting is a ‘live’ meeting and it depends on the data,” Mr. Waller said at an event in New York after the latest Consumer Price Index inflation report showed a notable slowdown. “We’ll get two more C.P.I. reports. If they look like the last two, the data would suggest maybe stopping.” Work UK billionaire Joe Lewis pleads not guilty in a "brazen" insider trading scheme     In one scenario, outlined by prosecutors, Lewis allegedly urged his girlfriend, his assistant, and the pilots of his private planes—O’Connor and Waugh—to invest in the pharmaceutical company Mirati Therapeutics, after he learned of favorable clinical trial data through his hedge fund. Lewis was accused of lending O’Connor and Waugh half a million dollars each to invest in the stock, a sum regulators accused Lewis of using as a substitute for their retirement plan. Work A Brexit Champion’s Feud With His Elite Bank Brings a C.E.O. Down     Mark Landler is the London bureau chief. In three decades at The Times, he has been bureau chief in Hong Kong and Frankfurt, White House correspondent, diplomatic correspondent, European economic correspondent, and a business reporter in New York. More about Mark Landler Work Leicester City: Relegated EPL team delight fans on Asia tour     On the pitch, Leicester continued to find form, with an eighth place finish in the Premier League and a run to the semi-finals of the Europa Conference League in 2022. But just twelve months later, they were relegated. Work Scientist’s Deep Dive for Alien Life Leaves His Peers Dubious     The public may hear more from Dr. Loeb about additional bits of rock from the bottom of the sea. Later this year, his team intends to return to the waters north of Papua New Guinea to hunt for larger relics of the 2014 fireball. And in 2024, the team says it will visit a site off the coast of Portugal in search of the remains from a second meteor Dr. Loeb and Mr. Siraj have asserted is of interstellar origin. Work The Night Sinead O’Connor Took on the Pope on ‘S.N.L.’     Jon Caramanica is a pop music critic for The Times and the host of the “Popcast” podcast. He also writes the men\'s Critical Shopper column for Styles. He previously worked for Vibe magazine, and has written for the Village Voice, Spin, XXL and more. More about Jon Caramanica Work Record British Gas profit after energy bill change     Work Less food for families on summer-holiday support     Child Poverty Action Group chief executive Alison Garnham says: \"We\'ve reached a low point if it\'s hit and miss whether children get the food they need in summer, depending on where they live.\" Work Fed approves hike that takes interest rates to highest level in more than 22 years     Along with the rate hike, the committee indicated it will continue to cut the bond holdings on its balance sheet, which peaked at $9 trillion before the Fed began its quantitative tightening efforts. The balance sheet is now at $8.32 trillion as the Fed has allowed up to $95 billion a month in maturing bond proceeds to roll off. Work An American Energy Giant Sees Israel as a Springboard to Europe     Stanley Reed has been writing from London for The Times since 2012 on energy, the environment and the Middle East. Before that he was London bureau chief for BusinessWeek magazine. More about Stanley Reed Work Prominent Racehorse Trainer Sentenced Over Drugging Scheme     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Military in Niger Announces Coup After Soldiers Detain President     Declan Walsh is the chief Africa correspondent for The Times. He was previously based in Egypt, covering the Middle East, and in Pakistan. He previously worked at The Guardian and is the author of “The Nine Lives of Pakistan.” More about Declan Walsh Work Trump Once Condemned The Jan. 6 Rioters. Now He's One Of Their Biggest Supporters.     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Opinion | The Real College Admissions Scandal     Nicholas Kristof joined The New York Times in 1984 and has been a columnist since 2001. He has won two Pulitzer Prizes, for his coverage of China and of the genocide in Darfur. You can follow him on Instagram and Facebook. His latest book is “Tightrope: Americans Reaching for Hope.”  @NickKristof • Facebook Work Police Officer Fired After Releasing Dog That Mauled Black Man     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Opinion | Lindsey Graham and Elizabeth Warren: When It Comes to Big Tech, Enough Is Enough     The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com. Work Search Ends For 9-Month-Old Boy Swept Away In Pennsylvania Flash Flood     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Sean Hannity Points Finger Elsewhere Over Awkward On-Air Name Flub     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Two Victorians charged after allegedly shooting at power transformers, causing outages     “While some may think this is a victimless crime, significant damage to critical infrastructure can cause distress and disruption to the community through the loss of internet and power services,” Det Sr Const Brendan Keane said. Work China’s foreign ministry refuses to answer questions about Qin Gang and scrubs mention from transcript     In early July a foreign ministry spokesperson cited unspecified health reasons for his non attendance at an Asean summit, but since then there have no further explanations. Mao did not answer questions about Qin’s health on Wednesday, and rumours have swirled about possible reasons for a political purging. Discussion in China has been subject to some censorship. Work Megan Fox Tells Fans To ‘Calm Down’ After Posting Pic In Very Sheer Dress     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Horan's Goal Helps U.S. Squeeze Out 1-1 Draw With The Netherlands At The Women's World Cup     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Opinion | Black History Is a Casualty in Ron DeSantis’s Christian Nationalist Quest     Charles M. Blow joined The Times in 1994 and became an Opinion columnist in 2008. He is also a television commentator and writes often about politics, social justice and vulnerable communities. @CharlesMBlow • Facebook Work Opinion | What’s Happening in Italy Is Scary, and It’s Spreading     The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com. Work 'The heat is relentless': Scorching temperatures bring misery to daily life in Spain     However, the ETC data suggested that the extreme heat across southern Europe could accelerate a burgeoning trend among holidaymakers, as more tourists prioritize milder temperatures or off-season travel to avoid spending their time away in oppressive heat. Work ‘I Nearly Lost My F**king Life’: Idris Elba On Being Held At Gunpoint During A Dispute     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work BNP Paribas beat estimates on debt financing, cost management      The group\'s 5 billion euro share buyback program will proceed as planned, it confirmed, adding that the second tranche of 2.5 billion euros had been approved and will be launched from early August. Work BlackRock returns to India, joining forces with Indian tycoon Mukesh Ambani's financial arm     \"The convergence of rising affluence, favorable demographics and digital transformation across industries is reshaping the market in incredible ways,\" Lord noted, adding the partnership will \"revolutionize India\'s asset management industry.\" Work Economic growth will slow and unemployment will rise into 2024—but not dramatically, CBO says in the latest sign the U.S. may avoid a recession     © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Work Australia news live: NSW police taskforce to investigate spate of shootings; export prices take a dive     It’s probably more than awareness, but and also taking that further into the systems that these groups belong to, you know, whether it’s courts, whether it’s the judiciary, whether it’s police, whether it’s support staff, whether it’s hospitals, health professionals – when police are present, we really need a really strong targeted campaign and I know there’s some good ones out there. I know that we’ve been doing this, but we just have to make this stronger and firmer and continue on … this judgment on victims-survivors and First Nations people is just unacceptable. There [needs to be] just zero tolerance of this. Work Passed over for another business opportunity? It may be because of your accent      For more on the controversy surrounding \"accent reduction classes\" and ways that employers can reduce accent discrimination, read the second part of CNBC\'s coverage on accent bias in the workplace, to be published soon.    Work Oil giant Shell misses expectations with $5.1 billion in second-quarter profit     \"If new opportunities emerge that give us line of sight towards the sorts of returns that companies like ours should be going after, then absolutely we will grow our capital, but we cannot grow it on the basis of activist noise. That is not the right approach.\" Work European Central Bank set to hike rates as it edges closer to a pivot point     \"There are large differences among euro area countries in terms of inflation. In some countries, inflation has already fallen back below the 2 percent target, while in the Baltic region, inflation is only slightly below 10 percent,\" Fritzi Koehler-Geib, a chief economist at KfW Group, said in a research note. Work Nissan CEO spots key to cracking 'challenging' China market after demand slump      Nissan will make a $663 million investment in Ampere, Renault\'s EV unit, which Uchida said was a response to intensified competition and pressure to comply with stricter regulations in Europe. Work Samsung reports 95% drop in profit, but expects global demand to recover in second half of the year     \"We do also have to keep in mind that foldables honestly are not a huge part of it, even if they are the premium part of the market. It\'s actually more of the traditional candy bar Galaxy S23 that really drives a lot of their profits at least in the premium part,\" said Ma. Work Here's what happens to the Dow after a 13-day winning streak, according to history     Work 'Harder to find': Goldman Sachs names stocks with growth at a 'reasonable' price — and more     Work School closures during Covid could wipe out half a trillion dollars from Asian economies     India is expected to see the highest losses of investments at almost $100 billion over the same period. That\'s followed by Indonesia, the Philippines, Malaysia, and Thailand, the report said. Work Barclays announces share buyback as second-quarter profit meets target     C. S. Venkatakrishnan, group chief executive, said in a statement: \"We have positioned Barclays carefully for this mixed macroeconomic environment and delivered a consistent performance in the second quarter.\" Work Nissan CEO spots key to cracking 'challenging' China market after demand slump      Nissan will make a $663 million investment in Ampere, Renault\'s EV unit, which Uchida said was a response to intensified competition and pressure to comply with stricter regulations in Europe. Work Biden Orders U.S. to Share Evidence of Russian War Crimes With Hague Court     Charlie Savage is a Washington-based national security and legal policy correspondent. A recipient of the Pulitzer Prize, he previously worked at The Boston Globe and The Miami Herald. His most recent book is “Power Wars: The Relentless Rise of Presidential Authority and Secrecy.” More about Charlie Savage Work BNP Paribas beat estimates on debt financing, cost management      The group\'s 5 billion euro share buyback program will proceed as planned, it confirmed, adding that the second tranche of 2.5 billion euros had been approved and will be launched from early August. Work Here's what happens to the Dow after a 13-day winning streak, according to history     Work Opinion | What’s Happening in Italy Is Scary, and It’s Spreading     The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com. Work European Central Bank set to hike rates as it edges closer to a pivot point     \"There are large differences among euro area countries in terms of inflation. In some countries, inflation has already fallen back below the 2 percent target, while in the Baltic region, inflation is only slightly below 10 percent,\" Fritzi Koehler-Geib, a chief economist at KfW Group, said in a research note. Work Oil giant Shell misses expectations with $5.1 billion in second-quarter profit     \"If new opportunities emerge that give us line of sight towards the sorts of returns that companies like ours should be going after, then absolutely we will grow our capital, but we cannot grow it on the basis of activist noise. That is not the right approach.\" Work Nissan CEO spots key to cracking 'challenging' China market after demand slump      Nissan will make a $663 million investment in Ampere, Renault\'s EV unit, which Uchida said was a response to intensified competition and pressure to comply with stricter regulations in Europe. Work BlackRock returns to India, joining forces with Indian tycoon Mukesh Ambani's financial arm     \"The convergence of rising affluence, favorable demographics and digital transformation across industries is reshaping the market in incredible ways,\" Lord noted, adding the partnership will \"revolutionize India\'s asset management industry.\" Work Samsung reports 95% drop in profit, but expects global demand to recover in second half of the year     \"We do also have to keep in mind that foldables honestly are not a huge part of it, even if they are the premium part of the market. It\'s actually more of the traditional candy bar Galaxy S23 that really drives a lot of their profits at least in the premium part,\" said Ma. Work 'Harder to find': Goldman Sachs names stocks with growth at a 'reasonable' price — and more     Work Barclays announces share buyback as second-quarter profit meets target     C. S. Venkatakrishnan, group chief executive, said in a statement: \"We have positioned Barclays carefully for this mixed macroeconomic environment and delivered a consistent performance in the second quarter.\" Work School closures during Covid could wipe out half a trillion dollars from Asian economies     India is expected to see the highest losses of investments at almost $100 billion over the same period. That\'s followed by Indonesia, the Philippines, Malaysia, and Thailand, the report said. Work Australia news live: NSW police taskforce to investigate spate of shootings; export prices take a dive     It’s probably more than awareness, but and also taking that further into the systems that these groups belong to, you know, whether it’s courts, whether it’s the judiciary, whether it’s police, whether it’s support staff, whether it’s hospitals, health professionals – when police are present, we really need a really strong targeted campaign and I know there’s some good ones out there. I know that we’ve been doing this, but we just have to make this stronger and firmer and continue on … this judgment on victims-survivors and First Nations people is just unacceptable. There [needs to be] just zero tolerance of this. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy  |  Unsubscribe (one-click) You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India Subscribe to: Post Comments (Atom) Addresses of importance Dharmendra Kumar AID INDIA, Bihar Chapter west from state tube bell lohiya path linked with Jagdeo Path patna-14 (Bihar) call @ 9431477171, 9801157286 (India #) Account Details Account Number: 03510020000278 Bank Name: Kotak Mahindra Bank Account name: AID INDIA Bihar Chapter Medicine List Click here for the list of medicine you can donate. If you can donate please coordinate with Dharmendrajee@9431477171 , his number is given Thanks Please donate! For Dollar donations (Tax Deductible) For Rupee Donations in India  Dharmendra ji is leading our flood relief in Bihar and a source of constant inspiration for us to provide more help to the flood victims. You can call him @ 9431477171 if you want any direct feedback from the ground level or for sending any material. Convenient timings to call: 7:00 AM to 9:00 AM in Morning (IST) 10:30 PM to 12:00 AM in Evening(IST) Latest Update: Health care, a prime concern at the moment. As the water is receding in some areas, they are becoming epidemic prone ! This blog has information received from Bihar on flood relief efforts undertaken by AID, AID India and partners. Donations links: Please Click here to view pics on gallery Please visit http://biharfloodvideos2008.blogspot.com/ to see the video coverage on Bihar Floods. 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