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Coke to expand recycling as pressure mounts to cut plastic

Bloomberg Coca-Cola Co. CEO James Quincey is kicking off a recycling spree, part of efforts to burnish the beverage giant’s image. The soft-drink company, which operates in more than 200 countries, is setting the goal of recycling one bottle or can for everyone it sells by 2030. It’s also pledging to become a corporate leader in reducing the plastic waste ...

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China’s biggest electric-car maker to list in $4.5bn deal

Bloomberg China’s biggest electric-car maker will gain a stock market listing in an asset swap valuing the state-backed manufacturer at 28.8 billion yuan ($4.5 billion) and giving investors a bigger chance to participate in the world’s largest market for new-energy vehicles. One of BAIC Group’s publicly traded affiliates, Chengdu Qian Feng Electronics Co., will buy Beijing Electric Vehicle Co., also ...

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China’s sovereign fund, Bain compete for Nature’s Care

Bloomberg An arm of China’s sovereign fund is competing with buyout firms in the bidding for Nature’s Care Manufacture Pty, as the Australian supplement brand’s owner makes a second attempt at a sale, people with knowledge of the matter said. China Jianyin Investment Ltd., a unit of state-run China Investment Corp. that’s known as JIC, is among suitors invited to ...

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