Headlines

PepsiCo Hopes to Sign Myanmar Bottling Deal

PepsiCo Inc. is in talks to sign a bottling agreement in Myanmar, ramping up the competition with Coca-Cola Co as they fight for market share in a country emerging from decades of isolation. Coke, which shipped drinks to customers in Myanmar this year for the first time in six decades, said in September that it is already working on setting up a bottling venture with a local company. (Reuters)