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• A Chinese company won approval in Europe on Wednesday to take over Syngenta, one of the world’s largest suppliers of seeds and pesticides. The deal is a step forward in China’s quest for a safe food supply.
• Pepsi apologized and pulled an ad that activists said trivialized the Black Lives Matter movement. In the spot, a police officer at a protest accepts a can of soda from Kendall Jenner, a reality TV star.
• The Panera restaurant chain was sold to a European family business, JAB Holding Company, that recently amassed a coffee empire, including the American brands Peet’s, Caribou and Keurig Green Mountain.