WSJ News Exclusive | PepsiCo, Grocery Giant Bicker Over Who Dumped Whom

[ad_1] A breakup over grocery prices got messier Monday when PepsiCo said that it, not supermarket chain Carrefour, initiated the split.  PepsiCo said that it had decided to stop supplying…

Pandora Beats Guidance on Robust Christmas Sales Growth

[ad_1] Pandora said that full-year performance was ahead of guidance after a solid profitability in the fourth quarter following a robust performance across the key period of Black Friday and…

Cognac Sets the EV Trade War Alight

[ad_1] Volkswagen and Stellantis might turn out to be bigger victims of China’s investigation into European liquor than Rémy Cointreau and Pernod Ricard. Beijing has launched an antidumping probe into…

Supermarket Giant Drops Pepsi and Lay’s Over Price Increases

[ad_1] Updated Jan. 4, 2024 2:55 pm ET One of the world’s biggest supermarket chains said it would drop several PepsiCo products to protest what it called unacceptable price increases,…

Netherlands Blocks ASML Exports of Some Chip-Making Equipment to China

[ad_1] Netherlands has blocked chip-equipment manufacturer ASML’s exports to China of some lithography systems, which are essential to making advanced microprocessors, in a partial license revocation following U.S. export restrictions.…

Volkswagen’s Elusive Quest to Make an EV for the Masses

[ad_1] Updated Dec. 31, 2023 12:19 am ET BERLIN—Almost a decade ago, Volkswagen set out on an expensive quest to dominate the new world of software-defined cars and build the…

How IKEA Downsized to Go Downtown

[ad_1] Updated Dec. 31, 2023 12:20 am ET PARIS—There was no instruction manual when IKEA’s Paris team set to work building a new kind of city-center store. The Swedish furniture…

Russian Strike on Ukraine Sent Warhead Through Polish Airspace, Warsaw Says

[ad_1] KYIV, Ukraine—Russia launched a massive missile and drone attack on cities across Ukraine, killing at least 30 people and allegedly sending a warhead through Polish airspace in one of…

Spanish Inflation Holds Steady in December

[ad_1] The rate of annual inflation in Spain held steady in December, keeping price rises stable but above the wider eurozone average. The country’s consumer-price index rose by 3.3% on…