Business In The News International

Coca-Cola gains after new drinks, Coke Zero boost earnings

Coca-Cola’s push to diversify its drinks and spin off company-owned bottlers is bearing fruit. The company posted sales that beat analysts’ estimates in the fourth quarter, helped by its growing beverage portfolio and reformulations. Profit also topped projections. Coke’s results validate its strategy of become a marketing and drink-formulation company — rather than a bottler. […]

In The News International South Africa

Oxfam chief: Sex-abuse claims a “stain” on the organization

LONDON (AP) — Reports that Oxfam staff members sexually exploited people in crisis zones are “a stain” that shames the charity, the organization’s chief said in an interview broadcast Friday. Executive director Winnie Byanyima said she is appointing an independent commission to investigate the allegations that staff members used prostitutes in earthquake-ravaged Haiti and possibly […]

Business In The News International South Africa

South African-born billionaire buys Los Angeles Times

JOHANNESBURG, February 9 – A billionaire born to Chinese immigrant parents in South Africa has bought one of America’s most famous newspapers for $500m, the BBC reported. Patrick Soon-Shiong revealed he was inspired to purchase the Los Angeles Times by his childhood in Port Elizabeth under the country’s apartheid regime. “Ultimately, this decision is deeply […]

Entertainment In The News International South Africa

‘Black Panther’ receives high praise after first screenings

LOS ANGELES (AP) — “Incredible” and “kinetic” are just a few of the loving words that people are using to describe and praise Marvel’s “Black Panther.” The film from director Ryan Coogler had its first screenings Monday night and a premiere in Los Angeles. Official reviews won’t go out until Feb. 6, but audiences at […]