News
Coca – Cola Loses $4 Billion Over Christiano Ronaldo’s Lack of Endorsement At Euro 2021
Portuguese Football legend – Christiano Ronaldo, generated a considerable buzz for overtaking Michel Platini’s record for the highest number of goals scored in UEFA Euro matches, with his current tally standing at 11 goals post-Portugal’s Group F opener against Hungary.
But his prowess on the field wasn’t the only significant occurrence as, during the post-match news conference, Ronaldo opted to move aside the two bottles of Coca – Cola and followed it up by holding up a bottle of water and exclaiming: “Agua! (Water)” in Portuguese.
This refusal to endorse the brand resulted in Coca – Cola’s shares plunging from $ 242 billion to $ 238 billion – A loss of $ 4 billion, according to a report from the Daily Star.
-
Dossier2 months agoDossier, 2026
-
OER Magazines1 month agoOER, February 26
-
Banking & Finance2 months agoSohar International and Sohar Islamic Supports Over 100 Families in Al Wusta Governorate Through Its ‘Sohar Al Attaa’ Initiative
-
Banking & Finance2 months agoNational Finance Unveils Exclusive Ramadan Offers on Auto Financing
-
Economy1 month agoMiddle East Tensions Heighten Risks to Strait of Hormuz, Raising Uncertainty for Global Oil Markets
-
Economy2 months agoAnalysis: Oman-India CEPA Opens Path to Deeper Trade Investment and Growth
-
Economy2 months agoANALYSIS: Oil Near Seven-Month Highs Amid US, Iran Tensions
-
Alamaliktistaad Magazines1 month agoAl-iktisaad, February 26
