Inside the New $1-Billion Posh Hotel in Paris: Video - Bloomberg:
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Paris is one of the most-visited city in the world -- and attracts many wealthy travelers. That's where the Peninsula luxury chain chose to open its first hotel in Europe. The Peninsula Paris features the city's most expensive suite. Bloomberg's Caroline Connan takes a tour. (Source: Bloomberg 8/5)
PepsiCo buys Chinese snack brand Be & Cheery for $705 million - PepsiCo Inc has agreed to buy Chinese snack brand Be & Cheery from local jujube maker Haoxiangni Health Food Co Ltd for $705 million, the companies said.