McDonald's and Coca-Cola, two of the largest sponsors of FIFA and its events, have both publicly called for Sepp Blatter, the organization's president, to resign because he is at the focus of an international corruption investigation.
The beverage giant is facing criticism for promoting obesity through its drinks, yet shifting the blame on lack of exercise.
Visa, the world's largest financial services company, has threatened to deliver a possibly fatal blow to FIFA after prominent members of the organization were arrested on corruption related charges.
A UK campaigner group said that energy drinks could be harmful to children as these contain as much as 20 teaspoons of sugar in each bottle. The group is currently asking the energy drinks to be banned.
The Coca-Cola Company has agreed to purchase 16.7 percent stake in Monster Beverages, the famous energy and soft drinks manufacturing firm for a deal worth $2.5 billion, the companies announced Friday, Aug 14.
The U.S. Senate is investigating both Merrill Lynch and Goldman Sachs for manipulating commodities markets in an effort to reap greater profits.
09 Aug '24 16:35PM
