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Gold and silver rebounded after a historic collapse from all-time highs lured dip-buyers back to precious metals. Spot gold climbed as much as 6.2% to more than $4,950 an ounce, recovering somewhat from its worst rout in more than a decade. Silver rose more than 12% — trading above $89 an ounce — as a risk-on tone…
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PepsiCo Inc. reached an agreement with activist investor Elliott Investment Management to reduce its US product lineup by 20% and lower prices, while the company also pares its workforce. The moves represent an early agreement with Elliott as the maker of Mountain Dew and Doritos seeks to recapture growth and win back investors. Elliott built…
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Photo by Anastasia R. on Unsplash Tremors were felt across Kolkata and its adjoining areas on Tuesday evening, after an earthquake of magnitude 6.1 with its epicentre in Myanmar jolted parts of eastern and northeastern India, an IMD official said. A section of residents in high-rise buildings and office employees said they experienced the aftershocks…