PepsiCo Inc. plans to shed jobs and close plants over the next few years as part of a new restructuring program, as Chief Executive Ramon Laguarta looks to make his imprint on the food and beverage company. The Purchase, N.Y., firm said it expects to incur about $2.5 billion in pretax charges...

Coca-Cola Co. reported slightly stronger-than-expected revenue in its latest quarter, boosted by demand for tea, coffee, water and sports drinks, but the beverage company expects sales will slow down in 2019. Organic revenue, which excludes currency swings, acquisitions and divestitures,...

Cisco Systems Inc. dodged significant fallout from the trade fight between the U.S. and China, posting strong growth in sales of its networking gear even as it raised prices to deal with the spat. Shares rose 3.7% in after-hours trading Wednesday after Cisco delivered quarterly results and...

The investment firm JAB wants to boost its stake in beauty products company Coty Inc., offering to buy shares from existing stockholders if independent directors on the company’s board sign off on the plan. JAB said in a statement Tuesday an affiliate will pay $11.65 a share to purchase up to...

Compagnie Generale des Etablissements Michelin's after-tax and net profit both dropped in 2018, dragged down by a challenging economic environment and adverse currency effects, the French tire maker said. After-tax profit slipped to 1.66 billion euros ($1.87 billion) last year from EUR1.69...

The British government is trying to gain more time from the London Parliament for Brexit renegotiations with the EU. In an interview with the BBC on Sunday, Housing Minister James Brokenshire called for a new vote in the House of Commons on the modalities of Brexit to be postponed until 27...

Fiat Chrysler Automobiles NV said Thursday that fourth-quarter net profit jumped and it grew revenue. Net profit in the period was 1.29 billion euros ($1.47 billion), up 61% from EUR804 million in the same period a year ago. Revenue rose 6% to EUR30.62 billion, the Italian-American car maker...

Daimler AG issued a cautious outlook for the year ahead and said earnings fell significantly in the three months to the end of December following months of headwinds at home and abroad for the maker of Mercedes-Benz cars. "For Daimler, 2018 was a year of strong headwinds - with the ongoing...

Activist investor Edward Bramson stepped up a campaign for strategy change at Barclays PLC by applying for a shareholder vote to put him on the bank's board. Mr. Bramson wants Barclays to shrink its investment bank, among other measures, according to a letter Mr. Bramson wrote to investors in a...

Ryanair Holdings PLC (RYA.LN) Monday laid out the first steps of its leadership succession as it swung to a third-quarter net loss after a slump in air fares forced it last month to cut its full-year earnings outlook for a second time this year. Europe's biggest budget carrier, after a...