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Beverages
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European commission approves US$5.6B French re-insurance scheme to safeguard wine and spirits exports to US
The aid measure supports French exporters amid tariff uncertainty by covering commercial and political risks for US-bound shipments.
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Anheuser-Busch to invest US$300M in U.S. manufacturing amid push to boost local production
The beer giant is scaling up workforce development and expanding technical training centers to reinforce its commitment to American manufacturing.
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Hain Celestial launches strategic review amid CEO exit, declining sales
US-based Hain Celestial begins leadership transition and business review following underperformance and mounting operating losses.
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Tsingtao expands beer portfolio with the acquisition of Jimo Yellow Wine for US$92M
China’s Tsingtao invests in traditional grain-based wine to diversify offerings and strengthen market presence across alcoholic beverage categories.
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Pierre-Emmanuel Medard appointed CEO of BGI-Ethiopia
New CEO brings over 25 years of experience as BGI-Ethiopia enters a new leadership phase under Castel Group.