LATEST NEWS
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Swiggy closes US$700m funding round led by Invesco as push into q-commerce gathers momentum
INDIA – Swiggy, a food-ordering and instant grocery delivery platform, has closed a US$700 million funding round led by asset manager Invesco, the company said in a…
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Shoprite partners with SA canegrowers championing consumption of locally-produced sugar
SOUTH AFRICA – Retailer Shoprite Group has partnered with industry body the South African Cane Growers Association (SA Canegrowers) to prioritise sale of locally produced…
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Anheuser-Busch ditches iconic logo for a new forward-looking alternative
USA – Anheuser-Busch, a wholly owned subsidiary of Anheuser-Busch InBev, has updated its visual identity to highlight the new global purpose it first unveiled in…
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Diageo sells Ethiopian brewery Meta Abo to competitor Castel Group
ETHIOPIA – Castel Group, a multinational beverage company, has cemented its dominance in the Ethiopian market with acquisition of competitor’s brewery. According to reports by…
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High intake of whole grains, bread associated with less severe Covid-19 symptoms for patients
MEXICO — Patients who frequently ate legumes, grains, bread and cereal are less likely to develop severe Covid-19 symptoms than did other patients who tested positive, a…