Coca-Cola to invest $200 million in Vietnam in the next 3 yearsSeptember 4th, 2009 Coca-Cola to invest $200 million in VietnamATLANTA — Coca-Cola Co. says it plans to invest an additional $200 million in Vietnam in the next three years.
Coca-Cola names Tripodi as executive vice president; Anderson to become senior vice presidentJuly 23rd, 2009 Coca-Cola names Tripodi executive vice presidentATLANTA — Coca-Cola Co.'s board said Thursday that it appointed Chief Marketing and Commercial Officer Joseph Tripodi as executive vice president. The world's largest beverage maker made several other executive moves as well, including naming Harry Anderson as senior vice president.
Coca-Cola 2nd-quarter profit rises 43 pct; sales fall on effects of strengthening dollarJuly 21st, 2009 Coca-Cola 2nd-quarter profit rises 43 percentMILWAUKEE — Coca-Cola Co.'s second-quarter profit rose 43 percent, and the world's largest beverage maker said Tuesday its rapid overseas growth helped offset weak domestic volumes, even as foreign currency exchange dragged down sales. Results for the maker of Coke, Sprite and VitaminWater beat expectations, though the stock fell slightly as investors reacted to the company's announcement that it expected foreign currency to drag down results by as much as the same amount — 14 percent — in the third quarter.
Venezuela says banned Coca-Cola Zero because company didn't declare use of 'harmful' sweetenerJune 13th, 2009 Venezuela: Coca-Cola Zero has harmful sweetenerCARACAS, Venezuela — Venezuela's Health Ministry said Friday it banned sales of Coca-Cola Zero because the company failed to declare that the no-calorie soft drink uses an artificial sweetener allegedly harmful to health. Health officials said tests show the cola contains sodium cyclamate.
Venezuela bans sale of Coca-Cola Zero, alleging soft drink contains harmful ingredientsJune 11th, 2009 Venezuela calls Coca-Cola Zero harmful, bans saleCARACAS, Venezuela — Venezuela's health ministry has banned the sale of Coca-Cola Zero, claiming the no-calorie soft drink contains harmful ingredients. Health Minister Jesus Mantilla says the ban is aimed at "preserving the health of Venezuelans," but he hasn't specified what ingredients are purportedly harmful.
Coming soon, green tea-flavoured colaJune 5th, 2009 NEW DELHI - Japan will soon have cola flavoured with green tea or basil. Coca Cola (Japan) Co spokesman Katsuya Sato has announced that green tea-flavoured Coca-Cola will hit Japanese stores on Monday.
Green tea Coca Cola to debut in Japan, while Pepsi Cola tries basilJune 4th, 2009 Green tea Coca Cola to debut in JapanTOKYO — Forget "Classic" or "New" Coke. In Japan, you can soon have your cola flavored with green tea or basil.
Coca-Cola to expand football talent hunt in India with eye on futureMay 20th, 2009 JOHANNESBURG - Coca-Cola, which conducts grassroots level talent hunt to build future football stars in 25 countries, will expand a similar initiative in India to cover 50 cities with the aim of producing top-drawer soccer talent who can represent the country. The joint venture of the global beverage major with the All-India Football Federation (AIFF) was restricted to the under-16 age-group last year in eight cities, but will now encompass the under-18 group as well.
Football talent hunt to cover 50 Indian citiesMay 20th, 2009 JOHANNESBURG - Global beverages major Coca-Cola's football talent hunt initiative will be extended to 50 Indian cities this year as against eight last year. The joint venture with the All-India Football Federation (AIFF) was restricted to the under-16 age-group last year, but will now encompass the under-18 as well.
Huiyuan, Coca-Cola don't comment directly on reports of renewed talks for minority stake saleApril 24th, 2009 Reports: Huiyuan, Coca-Cola renew talksMILWAUKEE — Chinese fruit juice maker Huiyuan Juice Group and Coca-Cola Corp. both declined to comment directly Friday on reports they were in renewed talks, this time for Coca-Cola to buy a minority stake in the company.
Soft-drink volume up, profits down at Coca-ColaApril 22nd, 2009 NEW YORK - Soft-drink giant Coca-Cola Co reported a drop of 10 percent in first-quarter profits Tuesday, citing costs to restructure its German distribution. Profits were $1.35 billion, or 58 cents per share, compared to $1.5 billion, or 64 cents per share, in the same period of 2008.
Coca-Cola rapped in Australia for misleading adsApril 2nd, 2009 SYDNEY - The Coca-Cola Co was ordered Thursday by Australian regulators to tell consumers an advertising campaign that said soft drinks didn't make people fat was misleading. The US food and beverage giant had run a campaign stating it was a myth that Coke made people fat, rotted their teeth and contained lots of caffeine.
China rejects Coca-Cola's bid to buy Chinese firmMarch 19th, 2009 BEIJING - Coca-Cola's bid to acquire China Huiyuan Juice Group has failed to meet the country's anti-monopoly law, the Ministry of Commerce (MOC) announced Wednesday. The MOC said on its website that the investigation, which 'exactly followed relative laws and regulations', found the transaction may disturb market competition.
Coca Cola launches Fanta Apple nationallyFebruary 1st, 2009 NEW DELHI - After successfully introducing it in southern markets last year, beverage giant Coca Cola India Monday launched its fruit-flavoured soft drink 'Fanta Apple' nationally. The drink was initially introduced in the markets of Andhra Pradesh and Tamil Nadu in October and December 2008, respectively.
Coca Cola, SOS Villages to take on rainwater harvestingJanuary 19th, 2009 NEW DELHI - Coca Cola India and SOS Children's Villages of India will jointly undertake rainwater harvesting to ensure sustainable water resources in 39 SOS villages across the country. 'The Coca Cola Foundation of the US has granted $391,920 for the project and it has been forwarded to us by Coca Cola India,' SOS Children's Villages of India president S.