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Beverages – World News
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PepsiCo Q4 net sales rise 5.6% as organic revenue accelerates despite volume pressure
PepsiCo reports stronger Q4 sales growth while addressing volume declines through price cuts and streamlined product offerings.
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Varun Beverages Q4 profit jumps 33% as volumes rise, finance costs fall
Varun Beverages posts strong Q4 earnings growth, driven by higher volumes, lower costs, and optimism for India and Africa.
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Carlsberg exits Tibet Brewing joint venture after 20 years
Carlsberg agrees to sell its Tibet joint venture stake, ending a long-running partnership dispute while reaffirming its commitment to China.
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Heineken completes acquisition of FIFCO Beverage and retail businesses
Heineken finalises FIFCO acquisition, strengthening its Central America footprint and advancing its EverGreen 2030 growth strategy.
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China cuts import tariffs on UK whisky to 5% after trade talks with Britain
Tariff cut on Scotch whisky aims to revive exports to China and strengthen UK spirits trade prospects.