Coca-Cola is launching a prebiotic soda brand called Simply Pop, taking on upstarts Olipop and Poppi.Starting in late February, consumers on the West Coast and in the Southeast will be able to try Coke’s iteration of the trendy drink.Soda consumption has broadly fallen in the U.S. over the last two decades, hurt by health concerns and an increase in alternatives on the market, from cold brew to energy drinks to water. But in the last five years, sodas containing prebiotics have taken off, thanks to industry newcomers Olipop and Poppi.Olipop recently raised $50 million at a valuation of $1.85 billion,…
Author: user
(Bloomberg) — Chinese President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other prominent entrepreneurs on Monday, signaling Beijing’s endorsement for a long-marginalized private sector now considered key to reviving the world’s No. 2 economy. Most Read from Bloomberg The country’s leader drew many of the biggest names in Chinese business over the past decade, representing industries from chipmaking and electric vehicles to AI. The summit demonstrated Beijing’s softer stance toward the companies that fuel most of economy, just as Washington ramps up a potentially debilitating campaign of global tariffs. Xi delivered a speech after hosting…
Dutamas Semesta Sdn Bhd, a prominent trading company in Malaysia, has earned a solid reputation for specialising in the distribution and supply of a wide range of metal products, including […] Source link
Please Register or Sign in to view this content. Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets. Quantum Carbon service subscribers have access to: Daily price assessments Market news and price commentary Fundamental trade data Quantum Carbon Daily – market report sent to your email Get in touch with us for subscription information on all Quantum platforms, or help with the service. Source link
Image source: Getty Images Shell’s (LSE: SHEL) share price has dropped 9% from its 13 May 12-month traded high of £26.86. For much of that period it has tracked the oil price lower. But since December it has gained ground while the oil price has continued to lose it. I think the key reason for this has been potential new liquefied natural gas (LNG) deals in the offing. Since Russian energy exports were sanctioned after its Ukraine invasion, LNG has become the world’s emergency energy source. Unlike oil and gas moved through pipelines, LNG can be sourced quickly and moved…
BeZero Carbon study claims almost 200 million credits already available on the carbon market could be eligible to be purchased under the first phase of CORSIA, which runs to 2026 Source link
Image source: Getty Images I’ve been keen on Segro (LSE: SGRO) before, but it’s one of those FTSE 100 stocks that’s largely flown under my radar this past year. Seeing how the Segro share price has fallen 25% since the 52-week high it set in July 2024, I’ve been looking closely again. And I like what I see. What it does It’s a name that might not trip off the tongue, so what is Segro? It’s a real estate investment trust (REIT), and describes itself as “a leading owner, asset manager and developer of modern warehousing and industrial property“. I…
The United Nations Development Programme (UNDP) and analytics company Sylvera have launched a new carbon data platform aimed at offering African nations access to Article 6 carbon credits. The Carbon Data Access Partnership (CaDAP) initiative aims to provide African governments with comprehensive carbon credit data, enabling them to participate more effectively in carbon markets, particularly under Article 6 of the Paris Agreement, and attract much needed carbon finance. Agreed at COP29, Article 6 aims to provide trusted and transparent carbon markets for countries, allowing them to trade credits to meet their climate targets. It also positions carbon markets as a vital…
Jefferies thinks Wynn Resorts is well positioned to go higher thanks to its stable core business and development pipeline. Analyst David Katz upgraded the casino and resorts stock to buy from hold. He also increased his price target to $118 from $105, implying 33% upside potential from Friday’s close. Shares ticked slightly higher after the rating change. According to Katz, Wynn Al Marjan Island — which is being built in the United Arab Emirates — is one of the upcoming positive catalysts for the stock. The development is slated to become the first casino within the UAE. WYNN 5D mountain WYNN…
On 3 February, Nvidia (NASDAQ:NVDA) stock closed at $116.66. At the time of writing (after the market closed on 17 February) it’s at $138.85. That’s up 19%, enough to turn £10,000 into £11,900 in just two weeks It might seem like chickenfeed compared to the 88% gain of the past 12 months. Or 1,816% over five years. But there’s another way to think about it that might cause an intake of breath. In this short period, Nvidia’s market capitalisation has risen by around half a trillion dollars. Am I saying we should get in quick and bag the next fortnight’s…