Bloomberg Coca-Cola Co is putting its Dasani water brand into aluminum cans as the beverage industry faces pressure to reduce its use of plastic. Coke will start selling canned Dasani in the US Northeast next month, with plans to expand the product to other parts of the country in 2020. The announcement comes after PepsiCo Inc said recently it would …

Bloomberg Thai Airways International’s second-quarter loss more than doubled as the global economic slowdown, fierce competition and a strengthened baht took their toll on revenue. The company reported a $223.7 million loss in the second quarter, compared with a 3.1 billion baht deficit a year earlier, according to a filing to Thai exchange.Revenue fell 10 percent to 42.5 billion baht. …

Bloomberg Shortly before taking office last year, Mexican President Andres Manuel Lopez Obrador upended construction of a $13 billion airport for the nation’s capital. The glitzy, modernist project was riddled with corruption, AMLO said, and congestion could be eased more cheaply with a plan that included improvements for the existing hub. But now, just nine months later, the full extent …

Bloomberg Recession fears are spreading among investors at a time when valuations across major assets are looking dangero-usly stretched following years of monetary stimulus, the latest Bank of America Corp survey shows. About a third of asset managers polled believe a global recession is likely in the next 12 months, the highest probability since 2011 — when Europe was engulfed …

Bloomberg Reliance Industries Ltd soared the most in more than two years after billionaire Mukesh Ambani revealed a plan to sell a stake to Aramco as part of efforts to pare debt. The conglomerate aims to be a zero-net-debt company in 18 months, Asia’s richest man told shareholders. Aiding that wou-ld be a proposed sale of 20 percent of Reliance’s …

Bloomberg Amazon.com Inc. is in late-stage talks to acquire as much as 10 percent of India’s Future Retail Ltd, people familiar with the negotiations said, as the US company moves to bolster its bri- ck-and-mortar presence in one of the world’s fastest-growing retail markets. India’s No. 2 retailer by turnover, Future is seeking a valuation of about 20 billion rupees …

KUWAIT / Emirates Business Agility, a leading global logistics provider, on Tuesday reported second-quarter earnings of 12.99 fils per share on net profit of KD 21.6 million ($71 million), an increase of 8.1 percent over the same period in 2018. Q2 EBITDA grew 31.2percent to KD 48.6 million, and revenue increased 3.2percent to KD 396.3 million. First-half earnings of 25.18 …

Bloomberg US President Donald Trump decried what he called China’s “massive” intervention to suppress the yuan, portraying the US as the beneficiary of his tariffs on Chinese imports and suggesting — despite recent evidence to the contrary — that prices aren’t rising. “Through massive devaluation of their currency and pumping vast sums of money into their system, the tens of …

Bloomberg Saudi Aramco plans to buy a stake in the refining and chemicals business of India’s Reliance Industries Ltd., moving to diversify from Saudi Arabia. The purchase by Aramco, the largest oil exporter and the most profitable company in the world, precedes a planned public offering that could be held as early as next year. Aramco will buy a 20% …

Bloomberg Nissan Motor Co, BMW AG and Volkswagen AG are among carmakers in talks to bring the electric-car revolution to South Africa, as the nation’s auto-factory floors risk being left behind in the global switch to greener vehicles. The industry is preparing a unified stance on electrification to present to the government by the end of the year, Mike Mabasa, …