Beverages
-
Soft drinks giant Coca-Cola records 11% drop in revenues as global beverage industry takes a hit from Covid-19
US – The Coca-Cola Company, one of the largest beverage manufacturers in the world, has recorded an 11% decline in net revenue for the full-year…
-
Heineken full year profits dip 35.6% prompting 8,000 job cuts globally
NETHERLANDS –Dutch multinational brewing company, Heineken has reported a full-year operating profit of €2.42 billion (about US$2.93 billion), representing an organic decrease of 35.6% .…
-
Coca-Cola US to sell soda in 100% recycled plastic as India subsidiary gets a plastic fine
US – American multinational beverage corporation Coca-Cola will soon begin selling sodas in completely recycled plastic in the United States for the first time as…
-
Nestlé adds beverages to iconic cereal brand, ramps up sustainability efforts in EMEA
US – Swiss food manufacturing giant Nestlé has expanded its iconic breakfast cereals brand Carnation Breakfast Essentials to include nutritional beverages. In a statement, the…
-
Nearly half of targeted bars, restaurants apply for KBL’s raising the bar program as deadline nears
KENYA – The Kenya Breweries Limited has so far received 470 applications from restaurants and bar operator in the country for the US$3 million ‘Raise…