German Economy May Contract in 2024, Bundesbank Chief Says

Second half of year is weaker than expected, he says in Berlin ECB official worries about more protectionism if Trump wins The German economy is likely to experience another year of contraction with the US election posing an additional risk to Europe’s growth,...

PepsiCo Trims Sales Outlook While Pledging to Meet Profit Goal

Organic revenue seen rising by a low single-digit percentage Company seeks to manage costs amid subdued growth, CEO says PepsiCo Inc. reduced its revenue outlook, citing slower-than-expected growth and international unrest, but said cost cutting and greater efficiency...