Robinhood Chain Token Ring Allegedly Extracts $18.4 Million Across 53 Launches 
Hengrui Shares Rise on $2.6 Billion Novo Nordisk Obesity Drug Deal 
Bitget Restores Withdrawals After $388 Million Security Breach 
Lindt Slashes 2026 Sales Growth Forecast as European Demand Weakens 
Toyota Global Sales Fall for Seventh Month as China Demand Slumps 
RedotPay Completes Audits as Stablecoin Firm Advances U.S. IPO Plans 
HUTCHMED, AstraZeneca Seek FDA Approval for Lung Cancer Combo 
Hong Kong Home Prices Stabilize in August After July Decline 
Grayscale Sees Zcash Gaining Market Share Against Bitcoin 
Asian Currencies Weaken as Dollar, Oil Prices Rise 
Citigroup Expands Coinbase Partnership for Stablecoin Payments 
Samsung Invests $1 Billion in KKR’s Helix AI Infrastructure 
Vitalik Buterin Says Hegota Could Be Ethereum’s Last Conventional Fork 
OpenAI Scraps GPT-6.1 Astra Launch Over Safety Concerns 
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise 
U.S. Stock Futures Steady as AI, Rate Concerns Weigh 
South Korea Tax Windfall Could Top 50 Trillion Won on Chip Boom 
Add as a preferred source on Google
PepsiCo has reported a 5.2 percent increase in net revenue in its second-quarter results of $20.22 billion, compared with $19.22 billion recorded for the same period last year, as it updates its full-year outlook.
Ramon Laguarta, Chairman and CEO of PepsiCo, their business momentum continued despite ongoing macroeconomic and geopolitical volatility and higher levels of inflation across our markets.
He added that they now expect their full-year organic revenue to increase 10 percent from 8 percent.
In the meantime, PepsiCo reported organic revenue growth of 13% and an operating profit for Q2 of 2022 of $2.1 billion.
Net revenue for its PepsiCo Beverages North America division fell by 1%. The company's Frito-Lay North America division reported net revenue growth of 14% while Quaker Foods North America saw net revenue growth of 17%.
Latin America was the region of PepsiCo that experienced the greatest growth, with a 23 percent increase in net revenue.
