Financials & Economy
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PepsiCo cuts 2026 earnings forecast as North American recovery slows
Strong international snack sales, including 11% volume growth in Asia-Pacific, helped offset weaker North American beverage demand and ongoing margin pressures.
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Tilray Brands revenue rises 20% in Q1 2027
Tilray’s beverage revenue surged 82% to US$101.5 million, while the company reaffirmed its fiscal 2027 adjusted EBITDA guidance of US$68 million to US$75 million.
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ZIM raises 2026 EBITDA guidance to US$2.7-3.0B
The revision reflects continued strong market demand and favourable momentum in freight rates across the second half of 2026.
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Kenya coffee farmers earn US$320.3M in 2025/2026
Alliance Berries and New KPCU dominated auction marketing, handling about 61% of traded coffee as the industry looks ahead to the 2026/2027 season.
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Costa Coffee returns to profit as UK revenue rises 5%
Costa plans to open 50 additional UK outlets, remodel around 250 stores annually and expand into office coffee machines as it targets changing consumer preferences.