The deal allows Diageo to streamline African operations while retaining ownership of key brands under long-term licensing agreements.
Reliance restructures its consumer business, aiming for scale, investor appeal, and aggressive manufacturing expansion across India.
MOFCOM confirms anti-dumping duties on EU brandy, with Pernod Ricard, Rémy Cointreau, and Hennessy granted exemptions under price agreements.
The health tax initiative aims to reduce non-communicable diseases and generate $1 trillion in revenue by 2035.
Civil society groups warn of contamination and health risks linked to unregulated glass bottle reuse in beverage packaging.