business news in context, analysis with attitude

  • French retailer Carrefour reported that its second quarter revenue rose 2.9 percent to the equivalent of $24.7 billion (US), with first half sales up 4.6 percent to $48.5 billion (US).

  • PepsiCo reported second-quarter profit of $1.19 billion, up 13 percent from $1.06 billion in the year-ago period. Quarterly revenue rose nine percent to $7.7 billion.

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