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  • 3h ago

    PepsiCo cuts annual profit forecast as North American weakness persists

    PepsiCo cut its fiscal 2026 core profit outlook on Thursday, citing weak North American demand and higher input costs. The company said it will pursue further structural cost reductions in the coming months.

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Today’s Brief

Spain sets a November election

Russian strikes pound Ukraine as climate shocks and AI money test governments

The day split between immediate danger and slower-burning stress. Missiles, hurricanes, bond yields and rents all pressed leaders who would rather talk about control.

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World · Updated 12m ago

China and the West: decoupling

Forty-four industry associations issued a joint call for EU action on Chinese trade practices, adding business-sector pressure but producing no policy change.

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