Beverages
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Barry Callebaut’s US$400,000 reward sparks cocoa revolution in Nigeria
NIGERIA – Barry Callebaut, a prominent cocoa processing company in Nigeria, has taken a remarkable step in recognizing the dedication and hard work of 3,000…
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Diageo unveils non-alcoholic version of Captain Morgan Spiced Gold
UK – Diageo, the fifth-largest spirits company by revenue, has expanded its alcoholic-free alternatives to its original iconic portfolio with the launch of Captain Morgan…
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Pernod Ricard reports 10% increase in net sales for fiscal year 2022/23
FRANCE – Pernod Ricard, the owner of Absolut vodka, has reported a 10% organic net sales growth to €12.1 billion (US$13.16bn) despite a volatile environment.…
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Burger King faces class action lawsuit for selling 35% less sized Whopper burger than in adverts
USA – American-based multinational chain of hamburger fast food restaurants, Burger King, has been accused of misleading customers by showing Whopper burger with a meatier…
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PepsiCo to invest US$175M in grocery tech company Instacart
USA – PepsiCo has agreed to purchase US$175 million of the Series A preferred convertible stock in American grocery delivery company, Instacart. The decision was…