Berfin Oz

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Soda wars! Pepsi beats Coke on Wall Street

Pepsi is winning the soda -- or pop for you Midwesterners -- war on Wall Street.<p>Shares of Pepsi (PEP) hit an all-time high Thursday after the soft drink and beverage giant reported third-quarter earnings that blew away forecasts thanks to strong demand in emerging markets. The company also boosted …

Asda and Sainsbury's to launch mobile payments

Retailers including Asda, Sainsbury's and House of Fraser will offer mobile payments from next year<p>Customers of major retailers including Asda, Sainsbury's and House of Fraser will be able to ditch their wallets and use their mobile phones to pay at the checkout when a new payments service launches …

Banking

Tesco ditches plans to build huge superstore on Margate seafront

Tesco has ditched plans to build a huge superstore on Margate’s seafront in the latest sign of the troubled supermarket’s retreat from aggressive expansion.<p>Campaigners have lobbied hard to prevent Tesco opening the store in Kent. Last year the development was approved by communities secretary Eric …