Daily Archives: December 14, 2016

PepsiCo’s Nooyi to join Trump’s Economic Advisory Team

PepsiCo’s CEO and Chairman Indra Nooyi is said to be joining U.S. Presedent-elect Donald Trump’s new Economic Advisory Team, less than a month after Trump supporters began threatening to boycott the soda giant’s drinks following some comments she allegedly made at a conference after the U.S. election.

Trump’s transition team announced on Wednesday that Nooyi will be part of the incoming U.S. President’s Strategic and Policy Forum.

In a Dealbook conference held just after the U.S. elections, Nooyi was said to have commented:

AB InBev YTD share price decline 27% on the JSE

Anheuser-Busch InBev (AB InBev), which listed on the Johannesburg Stock Exchange (JSE) in early January, has seen its share price fall by as much as 27%, according to a published report in the South African Business Day.

Removing the effects of currency fluctuations, the share price is down 15% in dollar terms.