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Hong Kong retailers leverage scale, sourcing to offset war-driven cost pressures-SCMP...
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Japan’s 30-year government bond yield slips 1.0 basis point to 3.550%....
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Bank of Korea’s new chief says monetary policy has to be cautious and flexible
Coca-Cola Becomes Global Beverage Provider for Marriott International
Coca-Cola has secured a multi-year agreement to become the global beverage provider for Marriott International, replacing Pepsi in this role. The deal encompasses nearly 9,700 hotels within Marriott's extensive portfolio, significantly expanding Coca-Cola's reach to millions of hotel guests worldwide.
This partnership enhances Coca-Cola's visibility and brand recognition in the hospitality sector, leveraging its diverse beverage offerings. The agreement is expected to strengthen Coca-Cola's position in the market, as it continues to build on its established scale and reputation.
Coca-Cola's shares recently closed at $77.29, reflecting an 11.8% return year to date, indicating positive investor sentiment as the company embarks on this new venture with Marriott.
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Source: KLEA News