Financials & Economy

Treasury Wine Estates unveils restructuring plan and debt rescheduling, boosting investor confidence as shares jump 17% amid strong Penfolds demand in China and key global markets.

ABF plans Primark demerger by 2027 while reporting lower earnings, with sugar business losses and weak US demand weighing on first-half performance.

Nestlé exceeds Q1 expectations with strong coffee and pet food demand, balancing pricing and volume growth while maintaining its full-year outlook despite currency-driven sales decline.

Pernod Ricard explores India IPO amid strong growth while competing for Brown-Forman acquisition, highlighting strategic expansion and premiumisation focus in key global spirits markets.

Kenya’s coffee earnings rise to KES 24.7 billion as high-quality grades dominate auctions and reforms aim to boost production and farmer incomes.